FEX vs. PHEQ ETF Comparison
Comparison of First Trust Large Cap Core AlphaDEX (FEX) to Parametric Hedged Equity ETF (PHEQ)
FEX
First Trust Large Cap Core AlphaDEX
FEX Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Core Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.
Grade (RS Rating)
Last Trade
$111.95
Average Daily Volume
18,528
Number of Holdings
*
373
* 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 | FEX | PHEQ |
|---|---|---|
| 30 Days | 6.62% | 1.99% |
| 60 Days | 8.07% | 3.02% |
| 90 Days | 10.60% | 3.86% |
| 12 Months | 33.47% | 16.61% |
131 Overlapping Holdings
| Symbol | Grade | Weight in FEX | Weight in PHEQ | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 0.17% | 6.85% | 0.17% | |
| ABT | B | 0.09% | 0.6% | 0.09% | |
| AEE | A | 0.36% | 0.3% | 0.3% | |
| AKAM | D | 0.29% | 0.16% | 0.16% | |
| ALNY | D | 0.29% | 0.13% | 0.13% | |
| AMGN | D | 0.07% | 0.45% | 0.07% | |
| AMZN | C | 0.09% | 4.1% | 0.09% | |
| APO | B | 0.22% | 0.3% | 0.22% | |
| APTV | D | 0.31% | 0.14% | 0.14% | |
| ARE | D | 0.15% | 0.21% | 0.15% | |
| ARES | A | 0.09% | 0.25% | 0.09% | |
| AVB | B | 0.09% | 0.35% | 0.09% | |
| AVGO | D | 0.24% | 1.71% | 0.24% | |
| AXP | A | 0.45% | 0.57% | 0.45% | |
| BAC | A | 0.3% | 0.98% | 0.3% | |
| BAH | F | 0.29% | 0.12% | 0.12% | |
| BKNG | A | 0.3% | 0.39% | 0.3% | |
| BLDR | D | 0.31% | 0.08% | 0.08% | |
| BRK.A | B | 0.26% | 1.42% | 0.26% | |
| BRO | B | 0.36% | 0.31% | 0.31% | |
| CAG | D | 0.07% | 0.17% | 0.07% | |
| CAT | B | 0.25% | 0.55% | 0.25% | |
| CE | F | 0.23% | 0.05% | 0.05% | |
| CFG | B | 0.38% | 0.26% | 0.26% | |
| CMS | C | 0.25% | 0.31% | 0.25% | |
| CNP | B | 0.36% | 0.28% | 0.28% | |
| COIN | C | 0.15% | 0.12% | 0.12% | |
| COST | B | 0.35% | 1.07% | 0.35% | |
| CPB | D | 0.15% | 0.18% | 0.15% | |
| CPNG | D | 0.42% | 0.03% | 0.03% | |
| CSCO | B | 0.27% | 0.79% | 0.27% | |
| CSL | C | 0.17% | 0.18% | 0.17% | |
| CTAS | B | 0.36% | 0.42% | 0.36% | |
| CVX | A | 0.46% | 0.84% | 0.46% | |
| DAL | C | 0.53% | 0.39% | 0.39% | |
| DASH | A | 0.41% | 0.13% | 0.13% | |
| DE | A | 0.25% | 0.44% | 0.25% | |
| DELL | C | 0.19% | 0.14% | 0.14% | |
| DIS | B | 0.2% | 0.57% | 0.2% | |
| DOC | D | 0.15% | 0.29% | 0.15% | |
| DOV | A | 0.09% | 0.33% | 0.09% | |
| DRI | B | 0.17% | 0.3% | 0.17% | |
| DTE | C | 0.32% | 0.31% | 0.31% | |
| DVN | F | 0.42% | 0.17% | 0.17% | |
| EQR | B | 0.25% | 0.32% | 0.25% | |
| ESS | B | 0.09% | 0.19% | 0.09% | |
| ETR | B | 0.38% | 0.4% | 0.38% | |
| EXPD | D | 0.08% | 0.23% | 0.08% | |
| EXR | D | 0.15% | 0.32% | 0.15% | |
| FANG | D | 0.45% | 0.24% | 0.24% | |
| FCNCA | A | 0.4% | 0.13% | 0.13% | |
| FE | C | 0.16% | 0.24% | 0.16% | |
| GOOGL | C | 0.09% | 2.28% | 0.09% | |
| HAL | C | 0.44% | 0.16% | 0.16% | |
| HBAN | A | 0.41% | 0.31% | 0.31% | |
| HD | A | 0.09% | 1.15% | 0.09% | |
| HEI | B | 0.44% | 0.14% | 0.14% | |
| HEI | B | 0.44% | 0.22% | 0.22% | |
| HIG | B | 0.34% | 0.33% | 0.33% | |
| HUBB | B | 0.18% | 0.13% | 0.13% | |
| HWM | A | 0.48% | 0.36% | 0.36% | |
| IBM | C | 0.32% | 0.56% | 0.32% | |
| ISRG | A | 0.27% | 0.58% | 0.27% | |
| JBHT | C | 0.27% | 0.24% | 0.24% | |
| JNJ | D | 0.24% | 1.04% | 0.24% | |
| JPM | A | 0.3% | 1.73% | 0.3% | |
| KKR | A | 0.49% | 0.46% | 0.46% | |
| KLAC | D | 0.07% | 0.34% | 0.07% | |
| KMB | D | 0.08% | 0.33% | 0.08% | |
| KO | D | 0.15% | 0.77% | 0.15% | |
| L | A | 0.36% | 0.24% | 0.24% | |
| LH | C | 0.18% | 0.31% | 0.18% | |
| LII | A | 0.35% | 0.25% | 0.25% | |
| LLY | F | 0.14% | 1.39% | 0.14% | |
| LMT | D | 0.08% | 0.58% | 0.08% | |
| LNG | B | 0.4% | 0.22% | 0.22% | |
| LNT | A | 0.26% | 0.33% | 0.26% | |
| LOW | D | 0.08% | 0.57% | 0.08% | |
| LYB | F | 0.37% | 0.22% | 0.22% | |
| MA | C | 0.09% | 1.14% | 0.09% | |
| MAA | B | 0.17% | 0.27% | 0.17% | |
| MDT | D | 0.16% | 0.51% | 0.16% | |
| META | D | 0.33% | 2.66% | 0.33% | |
| MKL | A | 0.09% | 0.23% | 0.09% | |
| MOH | F | 0.14% | 0.14% | 0.14% | |
| MS | A | 0.33% | 0.39% | 0.33% | |
| MSTR | C | 0.19% | 0.2% | 0.19% | |
| MU | D | 0.08% | 0.31% | 0.08% | |
| NDAQ | A | 0.19% | 0.24% | 0.19% | |
| NDSN | B | 0.08% | 0.14% | 0.08% | |
| NFLX | A | 0.3% | 0.8% | 0.3% | |
| NOW | A | 0.29% | 0.61% | 0.29% | |
| NVDA | C | 0.29% | 7.12% | 0.29% | |
| ON | D | 0.39% | 0.14% | 0.14% | |
| ORCL | B | 0.37% | 0.73% | 0.37% | |
| OTIS | C | 0.08% | 0.33% | 0.08% | |
| PANW | C | 0.1% | 0.3% | 0.1% | |
| PEP | F | 0.08% | 0.72% | 0.08% | |
| PFG | D | 0.17% | 0.2% | 0.17% | |
| PHM | D | 0.38% | 0.3% | 0.3% | |
| PLTR | B | 0.7% | 0.36% | 0.36% | |
| PPG | F | 0.24% | 0.18% | 0.18% | |
| PPL | B | 0.26% | 0.34% | 0.26% | |
| PRU | A | 0.18% | 0.37% | 0.18% | |
| PYPL | B | 0.18% | 0.28% | 0.18% | |
| RBLX | C | 0.39% | 0.12% | 0.12% | |
| RMD | C | 0.33% | 0.24% | 0.24% | |
| ROST | C | 0.16% | 0.32% | 0.16% | |
| RSG | A | 0.09% | 0.34% | 0.09% | |
| SSNC | B | 0.25% | 0.21% | 0.21% | |
| STLD | B | 0.47% | 0.11% | 0.11% | |
| SYF | B | 0.54% | 0.27% | 0.27% | |
| T | A | 0.44% | 0.68% | 0.44% | |
| TMO | F | 0.07% | 0.59% | 0.07% | |
| TMUS | B | 0.39% | 0.51% | 0.39% | |
| TRGP | B | 0.46% | 0.46% | 0.46% | |
| TRV | B | 0.28% | 0.39% | 0.28% | |
| TSLA | B | 0.22% | 1.91% | 0.22% | |
| TTD | B | 0.27% | 0.18% | 0.18% | |
| UBER | D | 0.16% | 0.29% | 0.16% | |
| ULTA | F | 0.31% | 0.23% | 0.23% | |
| URI | B | 0.44% | 0.24% | 0.24% | |
| VRT | B | 0.52% | 0.1% | 0.1% | |
| VRTX | F | 0.08% | 0.36% | 0.08% | |
| WFC | A | 0.44% | 0.67% | 0.44% | |
| WLK | D | 0.14% | 0.04% | 0.04% | |
| WRB | A | 0.18% | 0.21% | 0.18% | |
| WSM | B | 0.07% | 0.02% | 0.02% | |
| XOM | B | 0.43% | 1.4% | 0.43% | |
| ZBH | C | 0.35% | 0.14% | 0.14% | |
| ZM | B | 0.29% | 0.18% | 0.18% |
FEX Overweight 243 Positions Relative to PHEQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| APP | B | 0.97% | |
| UAL | A | 0.67% | |
| AXON | A | 0.64% | |
| RCL | A | 0.55% | |
| GM | B | 0.53% | |
| EXPE | B | 0.52% | |
| SNA | A | 0.52% | |
| VST | B | 0.52% | |
| FICO | B | 0.5% | |
| GS | A | 0.5% | |
| EME | C | 0.49% | |
| CVNA | B | 0.48% | |
| PCAR | B | 0.48% | |
| PWR | A | 0.47% | |
| OC | A | 0.47% | |
| EOG | A | 0.47% | |
| CINF | A | 0.47% | |
| WAB | B | 0.46% | |
| COP | C | 0.46% | |
| TROW | B | 0.46% | |
| CTRA | B | 0.46% | |
| BK | A | 0.46% | |
| TT | A | 0.45% | |
| ALL | A | 0.45% | |
| CCL | B | 0.45% | |
| F | C | 0.45% | |
| VLO | C | 0.45% | |
| FOXA | B | 0.45% | |
| RS | B | 0.45% | |
| CMCSA | B | 0.44% | |
| BURL | A | 0.44% | |
| SLB | C | 0.44% | |
| HPE | B | 0.44% | |
| KMI | A | 0.43% | |
| PGR | A | 0.43% | |
| CF | B | 0.43% | |
| NRG | B | 0.43% | |
| MPC | D | 0.42% | |
| TOL | B | 0.42% | |
| OXY | D | 0.42% | |
| CTSH | B | 0.42% | |
| PSX | C | 0.42% | |
| UTHR | C | 0.42% | |
| MTB | A | 0.41% | |
| EQT | B | 0.41% | |
| LYV | A | 0.41% | |
| IRM | D | 0.41% | |
| COF | B | 0.41% | |
| NUE | C | 0.41% | |
| GDDY | A | 0.4% | |
| BG | F | 0.4% | |
| IP | B | 0.4% | |
| FI | A | 0.4% | |
| TPL | A | 0.4% | |
| EG | C | 0.4% | |
| BKR | B | 0.4% | |
| THC | D | 0.39% | |
| SRE | A | 0.38% | |
| CVS | D | 0.38% | |
| LEN | D | 0.38% | |
| VTRS | A | 0.38% | |
| HOOD | B | 0.38% | |
| FDX | B | 0.37% | |
| PM | B | 0.37% | |
| MSI | B | 0.37% | |
| PH | A | 0.37% | |
| C | A | 0.37% | |
| ADM | D | 0.37% | |
| CRBG | B | 0.36% | |
| DHI | D | 0.36% | |
| INTC | D | 0.36% | |
| ATO | A | 0.36% | |
| NI | A | 0.36% | |
| SWKS | F | 0.36% | |
| GEN | B | 0.36% | |
| XEL | A | 0.36% | |
| HCA | F | 0.35% | |
| AIG | B | 0.35% | |
| DGX | A | 0.35% | |
| VTR | C | 0.34% | |
| CB | C | 0.34% | |
| AFL | B | 0.34% | |
| ALLY | C | 0.34% | |
| TGT | F | 0.34% | |
| KR | B | 0.34% | |
| ANET | C | 0.33% | |
| EXC | C | 0.33% | |
| CNC | D | 0.33% | |
| DUK | C | 0.33% | |
| AEP | D | 0.32% | |
| VZ | C | 0.32% | |
| TXT | D | 0.32% | |
| GE | D | 0.32% | |
| EBAY | D | 0.32% | |
| ERIE | D | 0.32% | |
| AMP | A | 0.31% | |
| NEE | D | 0.31% | |
| NTRS | A | 0.31% | |
| DG | F | 0.31% | |
| OKE | A | 0.31% | |
| ED | D | 0.31% | |
| CEG | D | 0.3% | |
| FTNT | C | 0.3% | |
| CHTR | C | 0.3% | |
| GRMN | B | 0.3% | |
| GWW | B | 0.29% | |
| RF | A | 0.29% | |
| ACGL | D | 0.29% | |
| STT | A | 0.28% | |
| LUV | C | 0.28% | |
| FITB | A | 0.28% | |
| PKG | A | 0.28% | |
| USB | A | 0.28% | |
| FSLR | F | 0.27% | |
| PCG | A | 0.27% | |
| TDY | B | 0.27% | |
| WELL | A | 0.27% | |
| CASY | A | 0.27% | |
| BSX | B | 0.27% | |
| HLT | A | 0.27% | |
| CSX | B | 0.26% | |
| TJX | A | 0.26% | |
| TYL | B | 0.26% | |
| WEC | A | 0.26% | |
| MANH | D | 0.25% | |
| EIX | B | 0.25% | |
| SPGI | C | 0.25% | |
| ICE | C | 0.25% | |
| SHW | A | 0.25% | |
| MCO | B | 0.25% | |
| D | C | 0.25% | |
| PEG | A | 0.25% | |
| PSA | D | 0.24% | |
| HRL | D | 0.24% | |
| GPC | D | 0.23% | |
| RJF | A | 0.23% | |
| NVR | D | 0.23% | |
| VLTO | D | 0.23% | |
| CARR | D | 0.23% | |
| GIS | D | 0.22% | |
| HUM | C | 0.22% | |
| BBY | D | 0.22% | |
| TDG | D | 0.22% | |
| KHC | F | 0.22% | |
| STX | D | 0.22% | |
| DOW | F | 0.21% | |
| BIIB | F | 0.21% | |
| KDP | D | 0.21% | |
| EFX | F | 0.21% | |
| ELV | F | 0.2% | |
| CPAY | A | 0.2% | |
| APD | A | 0.19% | |
| DECK | A | 0.19% | |
| PNC | B | 0.19% | |
| CMI | A | 0.19% | |
| KEY | B | 0.19% | |
| IR | B | 0.18% | |
| AJG | B | 0.18% | |
| BR | A | 0.18% | |
| IEX | B | 0.18% | |
| RGA | A | 0.18% | |
| SPG | B | 0.18% | |
| WSO | A | 0.18% | |
| J | F | 0.18% | |
| NWSA | B | 0.18% | |
| ETN | A | 0.18% | |
| KIM | A | 0.18% | |
| TSN | B | 0.18% | |
| LVS | C | 0.17% | |
| SO | D | 0.17% | |
| FNF | B | 0.17% | |
| UPS | C | 0.17% | |
| LHX | C | 0.17% | |
| IT | C | 0.17% | |
| WY | D | 0.16% | |
| DD | D | 0.16% | |
| CI | F | 0.16% | |
| AWK | D | 0.16% | |
| FTV | C | 0.16% | |
| GD | F | 0.16% | |
| OMC | C | 0.16% | |
| TSCO | D | 0.16% | |
| KEYS | A | 0.16% | |
| ECL | D | 0.16% | |
| NTAP | C | 0.16% | |
| HOLX | D | 0.16% | |
| CTVA | C | 0.16% | |
| SYY | B | 0.16% | |
| MDLZ | F | 0.15% | |
| HSY | F | 0.15% | |
| O | D | 0.15% | |
| XYL | D | 0.15% | |
| CL | D | 0.15% | |
| NKE | D | 0.14% | |
| AMT | D | 0.14% | |
| WMB | A | 0.11% | |
| MPWR | F | 0.11% | |
| RPM | A | 0.1% | |
| MAR | B | 0.1% | |
| EMR | A | 0.1% | |
| CBOE | B | 0.09% | |
| MET | A | 0.09% | |
| MSCI | C | 0.09% | |
| CMG | B | 0.09% | |
| WST | C | 0.09% | |
| EQIX | A | 0.09% | |
| SBUX | A | 0.09% | |
| CLX | B | 0.09% | |
| HPQ | B | 0.09% | |
| NSC | B | 0.09% | |
| ORLY | B | 0.09% | |
| PAYX | C | 0.09% | |
| APH | A | 0.09% | |
| ODFL | B | 0.09% | |
| JCI | C | 0.09% | |
| SYK | C | 0.09% | |
| ADSK | A | 0.09% | |
| AON | A | 0.09% | |
| MO | A | 0.09% | |
| BLK | C | 0.09% | |
| RIVN | F | 0.08% | |
| AVY | D | 0.08% | |
| ZTS | D | 0.08% | |
| MKC | D | 0.08% | |
| MAS | D | 0.08% | |
| SBAC | D | 0.08% | |
| NOC | D | 0.08% | |
| BDX | F | 0.08% | |
| MCD | D | 0.08% | |
| VICI | C | 0.08% | |
| POOL | C | 0.08% | |
| GLPI | C | 0.08% | |
| WAT | B | 0.08% | |
| ROL | B | 0.08% | |
| ACN | C | 0.08% | |
| MMC | B | 0.08% | |
| AZO | C | 0.08% | |
| IQV | D | 0.07% | |
| RVTY | F | 0.07% | |
| BLD | D | 0.07% | |
| FCX | D | 0.07% | |
| GEHC | F | 0.07% | |
| CCI | D | 0.07% |
FEX Underweight 72 Positions Relative to PHEQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | F | -6.55% | |
| GOOG | C | -1.9% | |
| UNH | C | -1.37% | |
| V | A | -1.28% | |
| PG | A | -1.09% | |
| WMT | A | -0.96% | |
| ABBV | D | -0.85% | |
| MRK | F | -0.69% | |
| LIN | D | -0.67% | |
| CRM | B | -0.63% | |
| TXN | C | -0.59% | |
| UNP | C | -0.52% | |
| AMD | F | -0.51% | |
| BMY | B | -0.48% | |
| ADBE | C | -0.48% | |
| WM | A | -0.44% | |
| MMM | D | -0.44% | |
| SCHW | B | -0.35% | |
| K | A | -0.34% | |
| YUM | B | -0.33% | |
| QCOM | F | -0.33% | |
| BA | F | -0.32% | |
| COR | B | -0.3% | |
| LRCX | F | -0.29% | |
| AME | A | -0.28% | |
| MRVL | B | -0.25% | |
| MELI | D | -0.25% | |
| GLW | B | -0.25% | |
| MRO | B | -0.24% | |
| NEM | D | -0.23% | |
| REGN | F | -0.21% | |
| AMCR | D | -0.21% | |
| LULU | C | -0.21% | |
| SPOT | B | -0.19% | |
| WBD | C | -0.18% | |
| CRWD | B | -0.17% | |
| IFF | D | -0.16% | |
| ABNB | C | -0.15% | |
| HUBS | A | -0.14% | |
| MGM | D | -0.13% | |
| WDAY | B | -0.13% | |
| DDOG | A | -0.13% | |
| SQ | B | -0.12% | |
| TW | A | -0.11% | |
| IBKR | A | -0.11% | |
| VEEV | C | -0.1% | |
| 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% | |
| ALGN | D | -0.06% | |
| AVTR | F | -0.06% | |
| TEAM | A | -0.06% | |
| SNAP | C | -0.05% | |
| LPLA | A | -0.05% | |
| OWL | A | -0.05% | |
| ILMN | D | -0.05% | |
| OKTA | C | -0.04% | |
| BSY | D | -0.04% | |
| RPRX | D | -0.04% | |
| PINS | D | -0.03% | |
| SIRI | C | -0.03% | |
| ENPH | F | -0.03% | |
| RKT | F | -0.03% | |
| WMG | C | -0.02% | |
| MRNA | F | -0.01% |
FEX: Top Represented Industries & Keywords
Industries:
Utilities - Regulated Electric
Software - Application
Asset Management
Specialty Retail
Banks - Regional - US
Business Services
Diversified Industrials
Insurance - Property & Casualty
Aerospace & Defense
Oil & Gas E&P
Capital Markets
Diagnostics & Research
Health Care Plans
Packaged Foods
Semiconductors
Specialty Chemicals
Telecom Services
Utilities - Diversified
Credit Services
Insurance Brokers
PHEQ: Top Represented Industries & Keywords
Industries:
Software - Application
Software - Infrastructure
Semiconductors
Drug Manufacturers - Major
Internet Content & Information
Specialty Chemicals
Utilities - Regulated Electric
Biotechnology
Capital Markets
Credit Services
Diversified Industrials
REIT - Residential
Asset Management
Insurance - Property & Casualty
Medical Devices
Specialty Retail
Aerospace & Defense
Banks - Global
Banks - Regional - US
Business Services
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