CFA vs. PHEQ ETF Comparison

Comparison of Compass EMP US 500 Volatility Weighted Index ETF (CFA) to Parametric Hedged Equity ETF (PHEQ)

CFA

Compass EMP US 500 Volatility Weighted Index ETF

CFA Description

The investment seeks to provide investment results that match the performance of the CEMP U.S. Large Cap 500 Volatility Weighted Index before fees and expenses. The index is an unmanaged index that was created by the fund's investment advisor and generally consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges. Under normal market conditions, the fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) in securities of U.S. issuers included in the index as of its most recent reconstitution.

Grade (RS Rating)

Last Trade

$90.25

Average Daily Volume

9,545

Number of Holdings ^*

495

* may have additional holdings in another (foreign) market

PHEQ

Parametric Hedged Equity ETF

PHEQ Description

The fund seeks to provide capital appreciation by investing its net assets in equity securities of certain U.S. large capitalization companies that are constituents of the Solactive GBS US 500 at the time of purchase.

Grade (RS Rating)

Last Trade

$29.49

Average Daily Volume

19,326

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

Performance

Period	CFA	PHEQ
30 Days	4.63%	1.99%
60 Days	5.67%	3.02%
90 Days	8.16%	3.86%
12 Months	29.52%	16.61%

159 Overlapping Holdings

Symbol	Grade	Weight in CFA	Weight in PHEQ	Overlap
AAPL	C	0.2%	6.85%	0.2%
ABBV	D	0.2%	0.85%	0.2%
ABNB	C	0.16%	0.15%	0.15%
ABT	B	0.27%	0.6%	0.27%
ADBE	C	0.11%	0.48%	0.11%
AEE	A	0.26%	0.3%	0.26%
AKAM	D	0.15%	0.16%	0.15%
ALGN	D	0.12%	0.06%	0.06%
AMD	F	0.09%	0.51%	0.09%
AME	A	0.25%	0.28%	0.25%
AMGN	D	0.15%	0.45%	0.15%
AMZN	C	0.2%	4.1%	0.2%
APO	B	0.22%	0.3%	0.22%
APTV	D	0.09%	0.14%	0.09%
ARES	A	0.2%	0.25%	0.2%
AVGO	D	0.1%	1.71%	0.1%
AVTR	F	0.11%	0.06%	0.06%
AXP	A	0.23%	0.57%	0.23%
BAC	A	0.24%	0.98%	0.24%
BAH	F	0.15%	0.12%	0.12%
BKNG	A	0.22%	0.39%	0.22%
BLDR	D	0.1%	0.08%	0.08%
BRK.A	B	0.35%	1.42%	0.35%
BRO	B	0.26%	0.31%	0.26%
BSY	D	0.14%	0.04%	0.04%
CAG	D	0.19%	0.17%	0.17%
CAT	B	0.2%	0.55%	0.2%
CE	F	0.1%	0.05%	0.05%
CFG	B	0.17%	0.26%	0.17%
CMS	C	0.27%	0.31%	0.27%
CNP	B	0.25%	0.28%	0.25%
COIN	C	0.11%	0.12%	0.11%
COR	B	0.28%	0.3%	0.28%
COST	B	0.24%	1.07%	0.24%
CPB	D	0.2%	0.18%	0.18%
CPNG	D	0.14%	0.03%	0.03%
CRM	B	0.17%	0.63%	0.17%
CRWD	B	0.12%	0.17%	0.12%
CSCO	B	0.29%	0.79%	0.29%
CSL	C	0.19%	0.18%	0.18%
CTAS	B	0.26%	0.42%	0.26%
CVX	A	0.27%	0.84%	0.27%
DAL	C	0.22%	0.39%	0.22%
DDOG	A	0.14%	0.13%	0.13%
DE	A	0.21%	0.44%	0.21%
DELL	C	0.09%	0.14%	0.09%
DIS	B	0.22%	0.57%	0.22%
DOV	A	0.25%	0.33%	0.25%
DRI	B	0.23%	0.3%	0.23%
DTE	C	0.24%	0.31%	0.24%
DVN	F	0.17%	0.17%	0.17%
ENPH	F	0.04%	0.03%	0.03%
ETR	B	0.32%	0.4%	0.32%
EXPD	D	0.22%	0.23%	0.22%
FANG	D	0.17%	0.24%	0.17%
FCNCA	A	0.17%	0.13%	0.13%
FE	C	0.27%	0.24%	0.24%
GLW	B	0.19%	0.25%	0.19%
GOOGL	C	0.19%	2.28%	0.19%
HAL	C	0.18%	0.16%	0.16%
HBAN	A	0.21%	0.31%	0.21%
HD	A	0.25%	1.15%	0.25%
HEI	B	0.24%	0.14%	0.14%
HEI	B	0.24%	0.22%	0.22%
HIG	B	0.25%	0.33%	0.25%
HUBB	B	0.18%	0.13%	0.13%
HWM	A	0.16%	0.36%	0.16%
IBKR	A	0.28%	0.11%	0.11%
IBM	C	0.21%	0.56%	0.21%
ISRG	A	0.19%	0.58%	0.19%
JBHT	C	0.18%	0.24%	0.18%
JNJ	D	0.28%	1.04%	0.28%
JPM	A	0.26%	1.73%	0.26%
KKR	A	0.18%	0.46%	0.18%
KLAC	D	0.09%	0.34%	0.09%
KMB	D	0.23%	0.33%	0.23%
KO	D	0.33%	0.77%	0.33%
L	A	0.33%	0.24%	0.24%
LH	C	0.22%	0.31%	0.22%
LII	A	0.18%	0.25%	0.18%
LIN	D	0.3%	0.67%	0.3%
LLY	F	0.12%	1.39%	0.12%
LMT	D	0.3%	0.58%	0.3%
LNG	B	0.3%	0.22%	0.22%
LNT	A	0.27%	0.33%	0.27%
LOW	D	0.22%	0.57%	0.22%
LPLA	A	0.21%	0.05%	0.05%
LRCX	F	0.1%	0.29%	0.1%
LYB	F	0.22%	0.22%	0.22%
MA	C	0.32%	1.14%	0.32%
MDT	D	0.25%	0.51%	0.25%
META	D	0.13%	2.66%	0.13%
MGM	D	0.14%	0.13%	0.13%
MKL	A	0.25%	0.23%	0.23%
MMM	D	0.12%	0.44%	0.12%
MOH	F	0.13%	0.14%	0.13%
MRK	F	0.18%	0.69%	0.18%
MS	A	0.26%	0.39%	0.26%
MSFT	F	0.24%	6.55%	0.24%
NDAQ	A	0.26%	0.24%	0.24%
NDSN	B	0.21%	0.14%	0.14%
NFLX	A	0.19%	0.8%	0.19%
NOW	A	0.15%	0.61%	0.15%
NVDA	C	0.1%	7.12%	0.1%
ON	D	0.08%	0.14%	0.08%
ORCL	B	0.2%	0.73%	0.2%
OTIS	C	0.28%	0.33%	0.28%
OWL	A	0.2%	0.05%	0.05%
PANW	C	0.11%	0.3%	0.11%
PEP	F	0.25%	0.72%	0.25%
PFG	D	0.26%	0.2%	0.2%
PG	A	0.31%	1.09%	0.31%
PHM	D	0.15%	0.3%	0.15%
PINS	D	0.1%	0.03%	0.03%
PLTR	B	0.15%	0.36%	0.15%
PPG	F	0.26%	0.18%	0.18%
PPL	B	0.31%	0.34%	0.31%
PRU	A	0.22%	0.37%	0.22%
PYPL	B	0.16%	0.28%	0.16%
QCOM	F	0.11%	0.33%	0.11%
REGN	F	0.18%	0.21%	0.18%
RKT	F	0.06%	0.03%	0.03%
RMD	C	0.11%	0.24%	0.11%
ROST	C	0.22%	0.32%	0.22%
RSG	A	0.34%	0.34%	0.34%
SCHW	B	0.22%	0.35%	0.22%
SQ	B	0.13%	0.12%	0.12%
SSNC	B	0.25%	0.21%	0.21%
STLD	B	0.2%	0.11%	0.11%
SYF	B	0.2%	0.27%	0.2%
T	A	0.28%	0.68%	0.28%
TMO	F	0.19%	0.59%	0.19%
TMUS	B	0.42%	0.51%	0.42%
TRGP	B	0.32%	0.46%	0.32%
TRV	B	0.25%	0.39%	0.25%
TSLA	B	0.13%	1.91%	0.13%
TTD	B	0.12%	0.18%	0.12%
TW	A	0.24%	0.11%	0.11%
TXN	C	0.17%	0.59%	0.17%
UBER	D	0.12%	0.29%	0.12%
ULTA	F	0.14%	0.23%	0.14%
UNH	C	0.19%	1.37%	0.19%
UNP	C	0.25%	0.52%	0.25%
URI	B	0.14%	0.24%	0.14%
V	A	0.35%	1.28%	0.35%
VEEV	C	0.16%	0.1%	0.1%
VRT	B	0.13%	0.1%	0.1%
WDAY	B	0.14%	0.13%	0.13%
WFC	A	0.24%	0.67%	0.24%
WLK	D	0.15%	0.04%	0.04%
WM	A	0.27%	0.44%	0.27%
WMG	C	0.19%	0.02%	0.02%
WMT	A	0.29%	0.96%	0.29%
WRB	A	0.22%	0.21%	0.21%
WSM	B	0.1%	0.02%	0.02%
XOM	B	0.26%	1.4%	0.26%
YUM	B	0.29%	0.33%	0.29%
ZBH	C	0.24%	0.14%	0.14%
ZM	B	0.17%	0.18%	0.17%

CFA Overweight 337 Positions Relative to PHEQ

Symbol	Grade	Weight
KMI	A	0.37%
ADP	B	0.35%
ATO	A	0.35%
FI	A	0.34%
ITW	B	0.33%
WMB	A	0.33%
HON	B	0.33%
OKE	A	0.32%
NI	A	0.32%
AMP	A	0.32%
CHD	B	0.32%
PM	B	0.31%
BK	A	0.31%
MSI	B	0.31%
DUK	C	0.3%
SRE	A	0.3%
ICE	C	0.3%
RJF	A	0.3%
PEG	A	0.3%
BSX	B	0.3%
MMC	B	0.3%
PKG	A	0.29%
EVRG	A	0.29%
GD	F	0.29%
SPGI	C	0.29%
HOLX	D	0.29%
BLK	C	0.29%
HLT	A	0.29%
EA	A	0.29%
CL	D	0.29%
LHX	C	0.28%
SO	D	0.28%
CB	C	0.28%
CSX	B	0.28%
CME	A	0.28%
CPRT	A	0.27%
PAYX	C	0.27%
MO	A	0.27%
PCG	A	0.27%
TJX	A	0.27%
GGG	B	0.27%
GWW	B	0.27%
MAR	B	0.27%
IEX	B	0.27%
ORLY	B	0.26%
ROP	B	0.26%
RPM	A	0.26%
RTX	C	0.26%
MCD	D	0.26%
MET	A	0.26%
ED	D	0.26%
WAB	B	0.26%
SNA	A	0.26%
WEC	A	0.26%
CW	B	0.26%
LDOS	C	0.26%
SYK	C	0.26%
AFG	A	0.26%
FAST	B	0.26%
BR	A	0.26%
FDS	B	0.25%
APP	B	0.25%
SCI	B	0.25%
FOXA	B	0.25%
AVY	D	0.25%
CINF	A	0.25%
VRSN	F	0.25%
JKHY	D	0.25%
AJG	B	0.25%
DGX	A	0.24%
KDP	D	0.24%
VRSK	A	0.24%
CMCSA	B	0.24%
ALL	A	0.24%
BDX	F	0.24%
MCK	B	0.24%
COP	C	0.24%
NTRS	A	0.24%
JEF	A	0.24%
PTC	A	0.24%
STZ	D	0.24%
EIX	B	0.24%
MDLZ	F	0.24%
STT	A	0.24%
GDDY	A	0.24%
KR	B	0.24%
GS	A	0.24%
LYV	A	0.23%
EMR	A	0.23%
CBOE	B	0.23%
CTRA	B	0.23%
MCO	B	0.23%
CMI	A	0.23%
TXRH	C	0.23%
SHW	A	0.23%
ECL	D	0.23%
VZ	C	0.23%
TT	A	0.23%
AFL	B	0.23%
EQH	B	0.23%
XEL	A	0.23%
PGR	A	0.23%
CAH	B	0.23%
CLX	B	0.23%
J	F	0.23%
BKR	B	0.23%
CTSH	B	0.23%
AON	A	0.23%
COF	B	0.23%
VMC	B	0.23%
SYY	B	0.23%
EOG	A	0.23%
AIG	B	0.23%
TAP	C	0.23%
ACM	A	0.23%
AEP	D	0.23%
TRMB	B	0.23%
MORN	B	0.23%
NOC	D	0.23%
MNST	C	0.23%
EMN	D	0.22%
AXON	A	0.22%
INCY	C	0.22%
RNR	C	0.22%
EXC	C	0.22%
RGA	A	0.22%
CI	F	0.22%
UAL	A	0.22%
USFD	A	0.22%
AWK	D	0.22%
PCAR	B	0.22%
MTB	A	0.22%
NWSA	B	0.22%
OMC	C	0.22%
TDY	B	0.22%
MLM	B	0.22%
TROW	B	0.22%
ROL	B	0.22%
AZO	C	0.22%
FIS	C	0.22%
GIS	D	0.21%
D	C	0.21%
ALLE	D	0.21%
GILD	C	0.21%
CPAY	A	0.21%
IT	C	0.21%
XYL	D	0.21%
EWBC	A	0.21%
GRMN	B	0.21%
C	A	0.21%
JCI	C	0.21%
PFGC	B	0.21%
LVS	C	0.21%
FTV	C	0.21%
PNC	B	0.21%
FFIV	B	0.21%
EQT	B	0.2%
RF	A	0.2%
STE	F	0.2%
ACGL	D	0.2%
FICO	B	0.2%
APH	A	0.2%
TYL	B	0.2%
EME	C	0.2%
TDG	D	0.2%
IR	B	0.2%
FNF	B	0.2%
TSCO	D	0.2%
ADSK	A	0.2%
BX	A	0.2%
VLTO	D	0.2%
SJM	D	0.2%
EBAY	D	0.2%
KHC	F	0.2%
PH	A	0.2%
DOW	F	0.2%
ITT	A	0.2%
OXY	D	0.2%
ACN	C	0.2%
EG	C	0.19%
TPL	A	0.19%
IP	B	0.19%
GM	B	0.19%
APD	A	0.19%
NVR	D	0.19%
WSO	A	0.19%
TXT	D	0.19%
RCL	A	0.19%
IPG	D	0.19%
CLH	B	0.19%
RS	B	0.19%
FITB	A	0.19%
CBRE	B	0.19%
USB	A	0.19%
HSY	F	0.19%
ETN	A	0.19%
DVA	B	0.18%
UPS	C	0.18%
CASY	A	0.18%
PSX	C	0.18%
DHR	F	0.18%
OVV	B	0.18%
SLB	C	0.18%
OC	A	0.18%
KVUE	A	0.18%
CF	B	0.18%
MKC	D	0.18%
NSC	B	0.18%
RYAN	B	0.18%
INTU	C	0.18%
H	B	0.18%
ODFL	B	0.17%
GE	D	0.17%
GEN	B	0.17%
TTEK	F	0.17%
DD	D	0.17%
NEE	D	0.17%
CRBG	B	0.17%
DOCU	A	0.17%
ZTS	D	0.17%
CMG	B	0.17%
HCA	F	0.17%
PWR	A	0.17%
NUE	C	0.17%
AOS	F	0.17%
MAS	D	0.17%
BG	F	0.17%
PR	B	0.17%
GPC	D	0.17%
DPZ	C	0.17%
ELV	F	0.17%
GPN	B	0.17%
PAG	B	0.17%
IDXX	F	0.16%
UTHR	C	0.16%
A	D	0.16%
MSCI	C	0.16%
KEY	B	0.16%
CSGP	D	0.16%
VLO	C	0.16%
VST	B	0.16%
CDNS	B	0.16%
WAT	B	0.16%
CARR	D	0.16%
HII	D	0.15%
GEV	B	0.15%
STX	D	0.15%
CHRW	C	0.15%
MPC	D	0.15%
HPE	B	0.15%
PODD	C	0.15%
CTVA	C	0.15%
ZBRA	B	0.15%
EXPE	B	0.15%
GEHC	F	0.15%
TGT	F	0.15%
UHS	D	0.15%
HRL	D	0.15%
JLL	D	0.15%
FDX	B	0.15%
MANH	D	0.15%
POOL	C	0.15%
ERIE	D	0.15%
CDW	F	0.15%
NRG	B	0.15%
HPQ	B	0.15%
DT	C	0.15%
TFX	F	0.14%
FTNT	C	0.14%
CNC	D	0.14%
LEN	D	0.14%
SNPS	B	0.14%
FIX	A	0.14%
RVTY	F	0.14%
XPO	B	0.14%
CVS	D	0.14%
ROK	B	0.14%
UHAL	D	0.14%
NTAP	C	0.14%
KEYS	A	0.14%
HOOD	B	0.14%
WST	C	0.13%
SOLV	C	0.13%
EFX	F	0.13%
BURL	A	0.13%
CHTR	C	0.13%
ADI	D	0.13%
FCX	D	0.13%
THC	D	0.13%
DECK	A	0.13%
LUV	C	0.13%
TOL	B	0.13%
BIIB	F	0.13%
JBL	B	0.13%
DHI	D	0.12%
NKE	D	0.12%
IQV	D	0.12%
BBY	D	0.12%
CEG	D	0.12%
BMRN	D	0.12%
SBUX	A	0.12%
EPAM	C	0.12%
ALLY	C	0.12%
KMX	B	0.12%
F	C	0.12%
ANET	C	0.12%
NBIX	C	0.12%
COKE	C	0.12%
WMS	D	0.11%
FND	C	0.11%
ADM	D	0.11%
WING	D	0.11%
MTD	D	0.11%
TECH	D	0.11%
NXPI	D	0.11%
SWKS	F	0.1%
DKS	C	0.1%
AMAT	F	0.1%
ENTG	D	0.1%
BLD	D	0.1%
KNSL	B	0.1%
INTC	D	0.1%
EW	C	0.1%
MCHP	D	0.1%
AES	F	0.1%
HUM	C	0.1%
EL	F	0.09%
CVNA	B	0.09%
PSTG	D	0.09%
DG	F	0.09%
FSLR	F	0.08%
TER	D	0.08%
CHWY	B	0.08%
DXCM	D	0.08%
SRPT	D	0.07%
MPWR	F	0.06%
SMCI	F	0.02%

CFA Underweight 44 Positions Relative to PHEQ

Symbol	Grade	Weight
GOOG	C	-1.9%
BMY	B	-0.48%
VRTX	F	-0.36%
AVB	B	-0.35%
K	A	-0.34%
EQR	B	-0.32%
EXR	D	-0.32%
BA	F	-0.32%
MU	D	-0.31%
DOC	D	-0.29%
MAA	B	-0.27%
MRVL	B	-0.25%
MELI	D	-0.25%
MRO	B	-0.24%
NEM	D	-0.23%
ARE	D	-0.21%
AMCR	D	-0.21%
LULU	C	-0.21%
MSTR	C	-0.2%
ESS	B	-0.19%
SPOT	B	-0.19%
WBD	C	-0.18%
IFF	D	-0.16%
HUBS	A	-0.14%
DASH	A	-0.13%
ALNY	D	-0.13%
RBLX	C	-0.12%
SUI	D	-0.1%
DOX	D	-0.09%
TRU	D	-0.09%
ZS	C	-0.08%
NET	B	-0.07%
SCCO	F	-0.07%
AGR	B	-0.07%
YUMC	C	-0.07%
DKNG	B	-0.07%
SNOW	C	-0.06%
TEAM	A	-0.06%
SNAP	C	-0.05%
ILMN	D	-0.05%
OKTA	C	-0.04%
RPRX	D	-0.04%
SIRI	C	-0.03%
MRNA	F	-0.01%