PY vs. VLUE ETF Comparison

Comparison of Principal Shareholder Yield Index ETF (PY) to iShares MSCI USA Value Factor (VLUE)

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$51.93

Average Daily Volume

5,520

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$114.13

Average Daily Volume

324,164

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

Performance

Period	PY	VLUE
30 Days	4.03%	4.45%
60 Days	5.45%	5.68%
90 Days	7.68%	7.63%
12 Months	30.80%	25.66%

37 Overlapping Holdings

Symbol	Grade	Weight in PY	Weight in VLUE	Overlap
ADM	D	0.65%	0.65%	0.65%
AIG	B	0.81%	0.5%	0.5%
BEN	C	0.77%	0.06%	0.06%
BK	A	0.91%	0.47%	0.47%
BMY	B	1.05%	1.55%	1.05%
CF	B	0.77%	0.16%	0.16%
CI	F	0.81%	1.37%	0.81%
CPT	B	0.69%	0.13%	0.13%
CTSH	B	0.8%	1.1%	0.8%
CVS	D	0.78%	1.46%	0.78%
EG	C	0.68%	0.17%	0.17%
EMN	D	0.72%	0.1%	0.1%
EQT	B	0.94%	0.28%	0.28%
FANG	D	0.75%	0.6%	0.6%
FDX	B	0.83%	1.18%	0.83%
FITB	A	0.85%	0.21%	0.21%
FOXA	B	0.83%	0.33%	0.33%
HIG	B	0.75%	0.22%	0.22%
HPE	B	0.88%	1.4%	0.88%
HPQ	B	0.79%	1.19%	0.79%
KR	B	0.84%	0.75%	0.75%
LYB	F	0.64%	0.22%	0.22%
MAA	B	0.7%	0.19%	0.19%
MET	A	0.85%	0.46%	0.46%
MO	A	0.89%	1.45%	0.89%
MRO	B	0.76%	0.44%	0.44%
PRU	A	0.84%	0.45%	0.45%
RF	A	0.85%	0.2%	0.2%
RTX	C	1.0%	1.77%	1.0%
SNA	A	0.93%	0.23%	0.23%
SPG	B	0.85%	1.26%	0.85%
STLD	B	0.88%	0.27%	0.27%
SWKS	F	0.6%	0.46%	0.46%
SYF	B	0.97%	0.24%	0.24%
TAP	C	0.78%	0.38%	0.38%
VLO	C	0.8%	0.78%	0.78%
WFC	A	1.43%	1.92%	1.43%

PY Overweight 68 Positions Relative to VLUE

Symbol	Grade	Weight
AAPL	C	3.82%
MSFT	F	3.5%
NVDA	C	3.38%
AVGO	D	2.35%
XOM	B	1.82%
HD	A	1.58%
CVX	A	1.35%
MS	A	1.26%
CAT	B	1.18%
ACN	C	1.18%
AXP	A	1.13%
CMCSA	B	1.09%
QCOM	F	1.07%
LOW	D	1.06%
ADP	B	1.01%
DFS	B	1.0%
TT	A	1.0%
AMP	A	0.99%
TJX	A	0.98%
TRGP	B	0.97%
PNC	B	0.96%
BKR	B	0.94%
DE	A	0.91%
CB	C	0.91%
ITW	B	0.9%
LMT	D	0.88%
MMC	B	0.88%
PNR	A	0.87%
TRV	B	0.86%
CSX	B	0.86%
SLB	C	0.85%
PAYX	C	0.85%
RL	B	0.84%
OTIS	C	0.82%
NKE	D	0.82%
ROK	B	0.82%
PLD	D	0.82%
NDAQ	A	0.8%
CINF	A	0.79%
BR	A	0.79%
PSX	C	0.79%
WTW	B	0.79%
AIZ	A	0.78%
DD	D	0.78%
MDLZ	F	0.77%
EBAY	D	0.77%
DRI	B	0.76%
HAL	C	0.76%
AVB	B	0.75%
BBWI	D	0.75%
MPC	D	0.75%
NDSN	B	0.74%
PPG	F	0.73%
ALLE	D	0.73%
SYY	B	0.72%
ESS	B	0.72%
OXY	D	0.72%
VICI	C	0.7%
KMB	D	0.69%
INVH	D	0.67%
GPC	D	0.66%
HSY	F	0.66%
AOS	F	0.66%
ARE	D	0.66%
SBAC	D	0.66%
HRL	D	0.65%
MKC	D	0.65%
GIS	D	0.65%

PY Underweight 111 Positions Relative to VLUE

Symbol	Grade	Weight
CSCO	B	-6.43%
T	A	-6.04%
IBM	C	-3.86%
INTC	D	-3.65%
GM	B	-3.6%
VZ	C	-2.91%
AMAT	F	-2.37%
BAC	A	-2.25%
PFE	D	-2.07%
C	A	-1.78%
F	C	-1.68%
LEN	D	-1.49%
GS	A	-1.43%
DHI	D	-1.4%
GILD	C	-1.29%
NXPI	D	-1.12%
GLW	B	-1.1%
TEL	B	-1.02%
ELV	F	-0.97%
PHM	D	-0.94%
DELL	C	-0.84%
URI	B	-0.77%
PCAR	B	-0.76%
KHC	F	-0.74%
WBD	C	-0.7%
ON	D	-0.67%
COF	B	-0.66%
PCG	A	-0.63%
JCI	C	-0.61%
CMI	A	-0.6%
CNC	D	-0.57%
WY	D	-0.55%
TFC	A	-0.54%
LHX	C	-0.53%
NTAP	C	-0.52%
EXPE	B	-0.48%
USB	A	-0.48%
D	C	-0.47%
ZM	B	-0.47%
VST	B	-0.45%
VTRS	A	-0.45%
NUE	C	-0.45%
TSN	B	-0.44%
GEN	B	-0.42%
FSLR	F	-0.38%
BBY	D	-0.38%
FFIV	B	-0.37%
BLDR	D	-0.36%
OC	A	-0.36%
CTRA	B	-0.35%
TWLO	A	-0.34%
OVV	B	-0.33%
JNPR	F	-0.33%
WAB	B	-0.32%
PPL	B	-0.32%
JBL	B	-0.31%
MTB	A	-0.31%
PARA	C	-0.27%
EVRG	A	-0.27%
CFG	B	-0.26%
STT	A	-0.26%
SSNC	B	-0.25%
DAL	C	-0.25%
LKQ	D	-0.24%
LH	C	-0.24%
TXT	D	-0.24%
UTHR	C	-0.23%
ATO	A	-0.23%
AZPN	A	-0.23%
DOW	F	-0.23%
CAG	D	-0.23%
HST	C	-0.23%
WBA	F	-0.22%
SJM	D	-0.22%
ES	D	-0.22%
GPN	B	-0.21%
BG	F	-0.2%
EXE	B	-0.2%
LDOS	C	-0.19%
IP	B	-0.19%
RPRX	D	-0.19%
DGX	A	-0.19%
KNX	B	-0.19%
FOX	A	-0.18%
UHS	D	-0.18%
QRVO	F	-0.18%
MOS	F	-0.17%
CNH	C	-0.17%
HBAN	A	-0.17%
DINO	D	-0.16%
APA	D	-0.15%
AKAM	D	-0.14%
SOLV	C	-0.14%
L	A	-0.13%
APTV	D	-0.13%
SW	A	-0.13%
KEY	B	-0.13%
FCNCA	A	-0.12%
EQH	B	-0.12%
ACI	C	-0.12%
LUV	C	-0.12%
UHAL	D	-0.11%
FBIN	D	-0.11%
NLY	C	-0.11%
ALLY	C	-0.1%
SWK	D	-0.1%
FNF	B	-0.09%
HII	D	-0.09%
DVA	B	-0.08%
WLK	D	-0.05%
BIO	D	-0.05%