PHDG vs. SFY ETF Comparison

Comparison of PowerShares S&P 500 Downside Hedged Portfolio (PHDG) to SoFi Select 500 ETF (SFY)

PHDG

PowerShares S&P 500 Downside Hedged Portfolio

PHDG Description

The PowerShares S&P 500® Downside Hedged Portfolio (the Fund) is an actively managed exchange-traded fund (ETF) that seeks to achieve positive total returns in rising or falling markets that are not directly correlated to broad equity or fixed-income market returns. The Fund seeks to achieve its investment objective by using a quantitative, rules-based strategy designed to provide returns that correspond to the performance of the S&P 500® Dynamic VEQTOR Index (the Index). The Index provides investors with broad equity market exposure with an implied volatility hedge by dynamically allocating between equity, volatility and cash. The index allows investors to receive exposure to the equity and volatility of the S&P 500 Index in a dynamic framework.

Grade (RS Rating)

Last Trade

$38.15

Average Daily Volume

12,398

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

SFY

SoFi Select 500 ETF

SFY Description

The investment seeks to track the performance, before fees and expenses, of the Solactive SoFi US 500 Growth Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index follows a rules-based methodology that tracks the performance of 500 of the largest U.S.-listed companies weighted based on a proprietary mix of their market capitalization and fundamental factors.

Grade (RS Rating)

Last Trade

$110.99

Average Daily Volume

37,970

Number of Holdings ^*

494

* may have additional holdings in another (foreign) market

Performance

Period	PHDG	SFY
30 Days	-1.45%	2.93%
60 Days	1.30%	7.97%
90 Days	1.18%	8.76%
12 Months	18.05%	38.99%

438 Overlapping Holdings

	Symbol	Grade	Weight in PHDG	Weight in SFY	Overlap
	A	D	0.04%	0.04%	0.04%
	AAPL	C	3.74%	4.05%	3.74%
	ABBV	F	0.32%	0.55%	0.32%
	ABNB	C	0.06%	0.1%	0.06%
	ABT	B	0.22%	0.27%	0.22%
	ACGL	C	0.04%	0.1%	0.04%
	ACN	B	0.24%	0.29%	0.24%
	ADBE	C	0.25%	0.37%	0.25%
	ADI	D	0.11%	0.1%	0.1%
	ADM	D	0.03%	0.02%	0.02%
	ADP	A	0.13%	0.17%	0.13%
	ADSK	A	0.07%	0.12%	0.07%
	AEE	A	0.03%	0.03%	0.03%
	AEP	C	0.05%	0.06%	0.05%
	AES	F	0.01%	0.03%	0.01%
	AFL	B	0.06%	0.07%	0.06%
	AIG	B	0.05%	0.05%	0.05%
	AJG	A	0.07%	0.15%	0.07%
	AKAM	D	0.01%	0.02%	0.01%
	ALB	B	0.01%	0.01%	0.01%
	ALGN	D	0.02%	0.03%	0.02%
	ALL	A	0.06%	0.13%	0.06%
	AMAT	F	0.17%	0.18%	0.17%
	AMD	F	0.24%	1.52%	0.24%
	AME	A	0.05%	0.05%	0.05%
	AMGN	F	0.17%	0.4%	0.17%
	AMP	A	0.06%	0.1%	0.06%
	AMT	C	0.1%	0.18%	0.1%
	AMZN	C	2.13%	4.56%	2.13%
	ANET	C	0.11%	0.18%	0.11%
	ANSS	B	0.03%	0.05%	0.03%
	AON	A	0.09%	0.12%	0.09%
	APD	A	0.08%	0.08%	0.08%
	APH	A	0.09%	0.14%	0.09%
	ARE	F	0.02%	0.04%	0.02%
	ATO	A	0.02%	0.02%	0.02%
	AVB	B	0.03%	0.04%	0.03%
	AVGO	D	0.86%	3.03%	0.86%
	AVY	F	0.02%	0.02%	0.02%
	AWK	C	0.03%	0.04%	0.03%
	AXON	A	0.05%	0.13%	0.05%
	AXP	A	0.17%	0.28%	0.17%
	AZO	C	0.06%	0.07%	0.06%
	BA	F	0.11%	0.14%	0.11%
	BAC	A	0.33%	0.6%	0.33%
	BALL	F	0.02%	0.02%	0.02%
	BAX	F	0.02%	0.07%	0.02%
	BBY	D	0.02%	0.02%	0.02%
	BDX	F	0.07%	0.12%	0.07%
	BG	D	0.01%	0.01%	0.01%
	BIIB	F	0.03%	0.03%	0.03%
	BK	A	0.06%	0.16%	0.06%
	BKNG	A	0.18%	0.25%	0.18%
	BKR	A	0.05%	0.08%	0.05%
	BLDR	D	0.02%	0.02%	0.02%
	BMY	B	0.13%	0.17%	0.13%
	BR	A	0.03%	0.04%	0.03%
	BRK.A	B	0.92%	0.8%	0.8%
	BRO	B	0.03%	0.04%	0.03%
	BSX	A	0.14%	0.34%	0.14%
	BX	A	0.14%	0.28%	0.14%
	C	A	0.14%	0.26%	0.14%
	CAG	F	0.01%	0.02%	0.01%
	CAH	B	0.03%	0.08%	0.03%
	CARR	C	0.07%	0.1%	0.07%
	CAT	B	0.2%	0.24%	0.2%
	CB	C	0.12%	0.21%	0.12%
	CBOE	C	0.02%	0.02%	0.02%
	CBRE	B	0.04%	0.07%	0.04%
	CCI	C	0.05%	0.04%	0.04%
	CCL	A	0.03%	0.07%	0.03%
	CDNS	B	0.09%	0.12%	0.09%
	CDW	F	0.03%	0.03%	0.03%
	CE	F	0.01%	0.01%	0.01%
	CEG	C	0.08%	0.13%	0.08%
	CF	A	0.02%	0.01%	0.01%
	CFG	B	0.02%	0.03%	0.02%
	CHD	A	0.03%	0.04%	0.03%
	CHTR	C	0.04%	0.04%	0.04%
	CI	D	0.1%	0.18%	0.1%
	CINF	A	0.03%	0.05%	0.03%
	CL	D	0.08%	0.13%	0.08%
	CLX	A	0.02%	0.04%	0.02%
	CMCSA	B	0.18%	0.25%	0.18%
	CME	B	0.09%	0.13%	0.09%
	CMG	B	0.09%	0.14%	0.09%
	CMI	A	0.05%	0.06%	0.05%
	CMS	C	0.02%	0.02%	0.02%
	CNC	D	0.03%	0.04%	0.03%
	CNP	A	0.02%	0.02%	0.02%
	COF	C	0.08%	0.11%	0.08%
	COP	C	0.14%	0.11%	0.11%
	COR	B	0.05%	0.07%	0.05%
	COST	A	0.44%	0.54%	0.44%
	CPAY	A	0.03%	0.04%	0.03%
	CPRT	B	0.05%	0.07%	0.05%
	CRM	B	0.35%	0.83%	0.35%
	CRWD	B	0.09%	0.41%	0.09%
	CSCO	B	0.25%	0.25%	0.25%
	CSGP	D	0.03%	0.04%	0.03%
	CSX	C	0.07%	0.08%	0.07%
	CTAS	B	0.08%	0.11%	0.08%
	CTRA	B	0.02%	0.02%	0.02%
	CTSH	B	0.04%	0.05%	0.04%
	CTVA	C	0.04%	0.06%	0.04%
	CVS	D	0.07%	0.13%	0.07%
	CVX	A	0.3%	0.25%	0.25%
	D	C	0.05%	0.04%	0.04%
	DAL	B	0.04%	0.06%	0.04%
	DD	C	0.04%	0.07%	0.04%
	DE	B	0.11%	0.1%	0.1%
	DECK	A	0.03%	0.05%	0.03%
	DELL	B	0.04%	0.06%	0.04%
	DFS	B	0.05%	0.08%	0.05%
	DG	F	0.02%	0.02%	0.02%
	DGX	A	0.02%	0.02%	0.02%
	DHI	F	0.05%	0.07%	0.05%
	DHR	F	0.17%	0.14%	0.14%
	DIS	B	0.21%	0.34%	0.21%
	DLR	B	0.06%	0.09%	0.06%
	DLTR	F	0.01%	0.02%	0.01%
	DOC	C	0.02%	0.02%	0.02%
	DOV	A	0.03%	0.03%	0.03%
	DOW	F	0.03%	0.04%	0.03%
	DPZ	C	0.02%	0.02%	0.02%
	DRI	B	0.02%	0.03%	0.02%
	DTE	C	0.03%	0.02%	0.02%
	DUK	C	0.09%	0.11%	0.09%
	DVN	F	0.03%	0.02%	0.02%
	DXCM	C	0.03%	0.06%	0.03%
	EA	A	0.04%	0.05%	0.04%
	EBAY	D	0.03%	0.05%	0.03%
	ECL	D	0.07%	0.1%	0.07%
	ED	C	0.04%	0.04%	0.04%
	EFX	F	0.03%	0.05%	0.03%
	EG	C	0.02%	0.03%	0.02%
	EIX	B	0.03%	0.04%	0.03%
	EL	F	0.02%	0.02%	0.02%
	ELV	F	0.1%	0.13%	0.1%
	EMN	C	0.01%	0.01%	0.01%
	EMR	B	0.08%	0.1%	0.08%
	ENPH	F	0.01%	0.01%	0.01%
	EOG	A	0.08%	0.07%	0.07%
	EPAM	B	0.02%	0.02%	0.02%
	EQIX	A	0.09%	0.13%	0.09%
	EQR	C	0.03%	0.03%	0.03%
	EQT	B	0.03%	0.02%	0.02%
	ERIE	D	0.01%	0.03%	0.01%
	ES	C	0.02%	0.07%	0.02%
	ESS	B	0.02%	0.02%	0.02%
	ETN	A	0.16%	0.23%	0.16%
	ETR	B	0.03%	0.03%	0.03%
	EVRG	A	0.02%	0.02%	0.02%
	EW	C	0.04%	0.05%	0.04%
	EXC	C	0.04%	0.06%	0.04%
	EXPD	C	0.02%	0.01%	0.01%
	EXPE	B	0.02%	0.04%	0.02%
	EXR	C	0.04%	0.11%	0.04%
	F	C	0.05%	0.07%	0.05%
	FANG	C	0.04%	0.05%	0.04%
	FAST	B	0.05%	0.06%	0.05%
	FCX	F	0.07%	0.11%	0.07%
	FDS	B	0.02%	0.02%	0.02%
	FDX	B	0.07%	0.07%	0.07%
	FE	C	0.02%	0.04%	0.02%
	FI	A	0.13%	0.2%	0.13%
	FICO	B	0.06%	0.09%	0.06%
	FIS	C	0.05%	0.09%	0.05%
	FITB	B	0.03%	0.05%	0.03%
	FSLR	F	0.02%	0.09%	0.02%
	FTNT	C	0.06%	0.1%	0.06%
	FTV	C	0.03%	0.04%	0.03%
	GD	D	0.08%	0.11%	0.08%
	GDDY	A	0.03%	0.07%	0.03%
	GE	D	0.21%	0.16%	0.16%
	GEHC	D	0.04%	0.05%	0.04%
	GEN	B	0.02%	0.02%	0.02%
	GEV	B	0.1%	0.33%	0.1%
	GILD	C	0.12%	0.4%	0.12%
	GIS	D	0.04%	0.04%	0.04%
	GLW	B	0.04%	0.07%	0.04%
	GM	C	0.07%	0.08%	0.07%
	GOOGL	C	1.11%	1.74%	1.11%
	GPC	D	0.02%	0.02%	0.02%
	GPN	B	0.03%	0.05%	0.03%
	GRMN	B	0.03%	0.04%	0.03%
	GS	A	0.2%	0.44%	0.2%
	GWW	B	0.06%	0.07%	0.06%
	HAL	C	0.03%	0.03%	0.03%
	HBAN	A	0.03%	0.04%	0.03%
	HCA	F	0.07%	0.11%	0.07%
	HD	B	0.43%	0.44%	0.43%
	HES	B	0.04%	0.06%	0.04%
	HIG	B	0.04%	0.05%	0.04%
	HLT	A	0.07%	0.09%	0.07%
	HOLX	D	0.02%	0.02%	0.02%
	HON	C	0.16%	0.2%	0.16%
	HPE	B	0.03%	0.04%	0.03%
	HPQ	B	0.04%	0.04%	0.04%
	HST	C	0.01%	0.02%	0.01%
	HSY	F	0.03%	0.03%	0.03%
	HUBB	B	0.03%	0.04%	0.03%
	HUM	C	0.04%	0.05%	0.04%
	HWM	A	0.05%	0.09%	0.05%
	IBM	C	0.21%	0.51%	0.21%
	ICE	C	0.1%	0.18%	0.1%
	IDXX	F	0.04%	0.05%	0.04%
	IEX	C	0.02%	0.02%	0.02%
	IFF	D	0.02%	0.03%	0.02%
	INCY	C	0.01%	0.04%	0.01%
	INTC	C	0.12%	0.32%	0.12%
	INTU	B	0.21%	0.35%	0.21%
	INVH	D	0.02%	0.03%	0.02%
	IP	A	0.02%	0.02%	0.02%
	IQV	F	0.04%	0.05%	0.04%
	IR	B	0.04%	0.07%	0.04%
	IRM	C	0.04%	0.05%	0.04%
	ISRG	A	0.21%	0.37%	0.21%
	IT	C	0.04%	0.05%	0.04%
	ITW	B	0.08%	0.09%	0.08%
	J	D	0.02%	0.03%	0.02%
	JBHT	C	0.02%	0.02%	0.02%
	JCI	B	0.06%	0.07%	0.06%
	JKHY	D	0.01%	0.02%	0.01%
	JNJ	C	0.39%	0.43%	0.39%
	JPM	A	0.74%	1.52%	0.74%
	K	A	0.02%	0.02%	0.02%
	KDP	F	0.04%	0.05%	0.04%
	KEY	B	0.02%	0.02%	0.02%
	KEYS	A	0.03%	0.03%	0.03%
	KHC	F	0.03%	0.03%	0.03%
	KIM	A	0.02%	0.02%	0.02%
	KKR	A	0.11%	0.42%	0.11%
	KLAC	F	0.09%	0.1%	0.09%
	KMB	C	0.05%	0.05%	0.05%
	KMI	A	0.06%	0.06%	0.06%
	KMX	B	0.01%	0.01%	0.01%
	KO	D	0.26%	0.33%	0.26%
	KR	B	0.04%	0.06%	0.04%
	KVUE	A	0.05%	0.06%	0.05%
	LDOS	C	0.02%	0.04%	0.02%
	LEN	D	0.04%	0.05%	0.04%
	LH	B	0.02%	0.02%	0.02%
	LHX	C	0.05%	0.11%	0.05%
	LIN	C	0.23%	0.27%	0.23%
	LLY	F	0.67%	2.25%	0.67%
	LMT	D	0.12%	0.18%	0.12%
	LNT	A	0.02%	0.02%	0.02%
	LOW	C	0.17%	0.16%	0.16%
	LRCX	F	0.11%	0.09%	0.09%
	LUV	C	0.02%	0.07%	0.02%
	LVS	B	0.02%	0.1%	0.02%
	LW	C	0.01%	0.01%	0.01%
	LYB	F	0.02%	0.03%	0.02%
	LYV	A	0.02%	0.04%	0.02%
	MA	B	0.46%	0.69%	0.46%
	MAA	B	0.02%	0.02%	0.02%
	MAR	A	0.07%	0.09%	0.07%
	MAS	D	0.02%	0.02%	0.02%
	MCD	D	0.23%	0.28%	0.23%
	MCHP	F	0.04%	0.03%	0.03%
	MCK	A	0.09%	0.11%	0.09%
	MCO	B	0.08%	0.16%	0.08%
	MDLZ	F	0.09%	0.12%	0.09%
	MDT	D	0.12%	0.17%	0.12%
	MET	A	0.05%	0.08%	0.05%
	META	D	1.36%	3.07%	1.36%
	MKC	C	0.02%	0.02%	0.02%
	MLM	C	0.04%	0.05%	0.04%
	MMC	B	0.12%	0.17%	0.12%
	MMM	D	0.08%	0.18%	0.08%
	MNST	C	0.04%	0.06%	0.04%
	MO	A	0.1%	0.1%	0.1%
	MOH	F	0.02%	0.03%	0.02%
	MPC	D	0.06%	0.05%	0.05%
	MPWR	F	0.03%	0.05%	0.03%
	MRK	D	0.27%	0.79%	0.27%
	MRNA	F	0.01%	0.01%	0.01%
	MRO	B	0.02%	0.02%	0.02%
	MS	A	0.18%	0.34%	0.18%
	MSCI	C	0.05%	0.08%	0.05%
	MSFT	D	3.42%	5.34%	3.42%
	MSI	B	0.09%	0.13%	0.09%
	MTB	A	0.04%	0.06%	0.04%
	MTD	F	0.03%	0.03%	0.03%
	MU	D	0.12%	0.72%	0.12%
	NDAQ	A	0.03%	0.06%	0.03%
	NEE	C	0.17%	0.2%	0.17%
	NEM	D	0.05%	0.21%	0.05%
	NFLX	A	0.39%	0.66%	0.39%
	NI	A	0.02%	0.02%	0.02%
	NKE	F	0.1%	0.1%	0.1%
	NOC	D	0.07%	0.11%	0.07%
	NOW	A	0.23%	0.56%	0.23%
	NRG	B	0.02%	0.03%	0.02%
	NSC	B	0.06%	0.07%	0.06%
	NTAP	C	0.03%	0.03%	0.03%
	NTRS	A	0.02%	0.06%	0.02%
	NUE	C	0.04%	0.03%	0.03%
	NVDA	B	3.89%	16.87%	3.89%
	NVR	D	0.03%	0.03%	0.03%
	O	C	0.05%	0.12%	0.05%
	ODFL	C	0.05%	0.04%	0.04%
	OKE	A	0.07%	0.08%	0.07%
	OMC	C	0.02%	0.03%	0.02%
	ON	D	0.03%	0.03%	0.03%
	ORCL	A	0.32%	0.47%	0.32%
	ORLY	B	0.08%	0.1%	0.08%
	OTIS	C	0.04%	0.05%	0.04%
	OXY	D	0.04%	0.03%	0.03%
	PANW	B	0.14%	0.44%	0.14%
	PAYX	B	0.05%	0.06%	0.05%
	PCAR	B	0.07%	0.08%	0.07%
	PCG	A	0.05%	0.07%	0.05%
	PEG	A	0.05%	0.05%	0.05%
	PEP	F	0.24%	0.28%	0.24%
	PFE	F	0.16%	0.33%	0.16%
	PFG	D	0.02%	0.02%	0.02%
	PG	C	0.42%	0.49%	0.42%
	PGR	A	0.16%	0.5%	0.16%
	PH	A	0.1%	0.12%	0.1%
	PHM	D	0.03%	0.03%	0.03%
	PKG	A	0.02%	0.02%	0.02%
	PLD	F	0.11%	0.13%	0.11%
	PLTR	B	0.13%	0.51%	0.13%
	PM	B	0.21%	0.3%	0.21%
	PNC	B	0.09%	0.13%	0.09%
	PNR	A	0.02%	0.02%	0.02%
	PODD	C	0.02%	0.08%	0.02%
	PPG	F	0.03%	0.04%	0.03%
	PPL	A	0.03%	0.03%	0.03%
	PRU	A	0.05%	0.08%	0.05%
	PSA	C	0.06%	0.06%	0.06%
	PSX	C	0.06%	0.06%	0.06%
	PTC	B	0.02%	0.04%	0.02%
	PWR	A	0.05%	0.09%	0.05%
	PYPL	B	0.09%	0.13%	0.09%
	QCOM	F	0.2%	0.22%	0.2%
	RCL	A	0.06%	0.24%	0.06%
	REGN	F	0.09%	0.13%	0.09%
	RF	A	0.03%	0.03%	0.03%
	RJF	A	0.03%	0.04%	0.03%
	RMD	C	0.04%	0.05%	0.04%
	ROK	C	0.04%	0.04%	0.04%
	ROL	B	0.02%	0.03%	0.02%
	ROP	B	0.07%	0.1%	0.07%
	ROST	D	0.05%	0.07%	0.05%
	RSG	A	0.05%	0.06%	0.05%
	RTX	D	0.17%	0.39%	0.17%
	RVTY	F	0.02%	0.02%	0.02%
	SBAC	D	0.03%	0.03%	0.03%
	SBUX	A	0.12%	0.14%	0.12%
	SCHW	B	0.13%	0.14%	0.13%
	SHW	B	0.1%	0.11%	0.1%
	SJM	D	0.01%	0.04%	0.01%
	SLB	C	0.07%	0.11%	0.07%
	SMCI	F	0.01%	0.07%	0.01%
	SNA	A	0.02%	0.02%	0.02%
	SNPS	B	0.09%	0.15%	0.09%
	SO	C	0.1%	0.12%	0.1%
	SOLV	D	0.01%	0.01%	0.01%
	SPG	A	0.06%	0.08%	0.06%
	SPGI	C	0.18%	0.31%	0.18%
	SRE	A	0.06%	0.05%	0.05%
	STE	D	0.02%	0.06%	0.02%
	STLD	B	0.02%	0.02%	0.02%
	STT	B	0.03%	0.06%	0.03%
	STX	C	0.02%	0.07%	0.02%
	STZ	D	0.04%	0.05%	0.04%
	SW	A	0.03%	0.03%	0.03%
	SWK	D	0.01%	0.02%	0.01%
	SWKS	F	0.01%	0.02%	0.01%
	SYF	B	0.03%	0.06%	0.03%
	SYK	B	0.14%	0.19%	0.14%
	SYY	D	0.04%	0.05%	0.04%
	T	A	0.17%	0.33%	0.17%
	TDG	D	0.08%	0.16%	0.08%
	TDY	B	0.02%	0.03%	0.02%
	TER	F	0.02%	0.02%	0.02%
	TFC	A	0.07%	0.06%	0.06%
	TFX	F	0.01%	0.01%	0.01%
	TGT	F	0.08%	0.08%	0.08%
	TJX	A	0.15%	0.19%	0.15%
	TMO	F	0.22%	0.26%	0.22%
	TMUS	B	0.13%	0.16%	0.13%
	TRGP	A	0.05%	0.05%	0.05%
	TROW	B	0.03%	0.03%	0.03%
	TRV	B	0.06%	0.12%	0.06%
	TSCO	D	0.03%	0.03%	0.03%
	TSLA	B	0.93%	0.97%	0.93%
	TSN	B	0.02%	0.05%	0.02%
	TT	A	0.1%	0.15%	0.1%
	TTWO	A	0.03%	0.03%	0.03%
	TXN	C	0.2%	0.17%	0.17%
	TXT	D	0.02%	0.03%	0.02%
	TYL	B	0.03%	0.04%	0.03%
	UAL	A	0.03%	0.04%	0.03%
	UBER	F	0.16%	0.71%	0.16%
	UDR	B	0.01%	0.02%	0.01%
	ULTA	F	0.02%	0.02%	0.02%
	UNH	B	0.59%	0.91%	0.59%
	UNP	C	0.15%	0.17%	0.15%
	UPS	C	0.1%	0.1%	0.1%
	URI	C	0.06%	0.09%	0.06%
	USB	A	0.08%	0.14%	0.08%
	V	A	0.56%	0.73%	0.56%
	VICI	C	0.04%	0.05%	0.04%
	VLO	C	0.05%	0.04%	0.04%
	VLTO	C	0.03%	0.03%	0.03%
	VMC	B	0.04%	0.04%	0.04%
	VRSK	A	0.04%	0.05%	0.04%
	VRSN	C	0.02%	0.02%	0.02%
	VRTX	D	0.13%	0.43%	0.13%
	VST	A	0.05%	0.06%	0.05%
	VTR	B	0.03%	0.03%	0.03%
	VTRS	A	0.02%	0.04%	0.02%
	VZ	C	0.19%	0.21%	0.19%
	WAB	B	0.04%	0.06%	0.04%
	WAT	C	0.02%	0.02%	0.02%
	WBD	B	0.02%	0.02%	0.02%
	WDC	D	0.02%	0.08%	0.02%
	WEC	A	0.03%	0.03%	0.03%
	WELL	A	0.08%	0.29%	0.08%
	WFC	A	0.27%	0.32%	0.27%
	WM	B	0.09%	0.12%	0.09%
	WMB	A	0.07%	0.07%	0.07%
	WMT	A	0.4%	0.5%	0.4%
	WRB	A	0.02%	0.03%	0.02%
	WST	C	0.03%	0.02%	0.02%
	WTW	B	0.03%	0.05%	0.03%
	WY	F	0.02%	0.02%	0.02%
	XEL	A	0.04%	0.04%	0.04%
	XOM	B	0.58%	0.53%	0.53%
	XYL	D	0.03%	0.1%	0.03%
	YUM	D	0.04%	0.05%	0.04%
	ZBH	C	0.02%	0.04%	0.02%
	ZBRA	B	0.02%	0.02%	0.02%
	ZTS	D	0.09%	0.12%	0.09%

PHDG Overweight 61 Positions Relative to SFY

	Symbol	Grade	Weight
	GOOG	C	0.92%
	BLK	B	0.16%
	NXPI	D	0.06%
	LULU	C	0.04%
	NDSN	B	0.02%
	FFIV	B	0.02%
	APTV	F	0.02%
	JBL	C	0.02%
	AMCR	C	0.02%
	L	A	0.02%
	TRMB	B	0.02%
	FOX	A	0.01%
	QRVO	F	0.01%
	WBA	F	0.01%
	BEN	C	0.01%
	PARA	C	0.01%
	FMC	D	0.01%
	DVA	C	0.01%
	MHK	D	0.01%
	HII	F	0.01%
	BWA	D	0.01%
	IVZ	B	0.01%
	MTCH	D	0.01%
	HAS	D	0.01%
	APA	D	0.01%
	MOS	F	0.01%
	HSIC	C	0.01%
	CZR	F	0.01%
	RL	C	0.01%
	FRT	B	0.01%
	MGM	D	0.01%
	WYNN	C	0.01%
	AOS	F	0.01%
	CPB	D	0.01%
	HRL	D	0.01%
	GL	C	0.01%
	MKTX	D	0.01%
	CRL	D	0.01%
	LKQ	F	0.01%
	PNW	A	0.01%
	CTLT	C	0.01%
	FOXA	A	0.01%
	IPG	D	0.01%
	PAYC	B	0.01%
	TAP	C	0.01%
	NWSA	A	0.01%
	AIZ	A	0.01%
	GNRC	C	0.01%
	TECH	F	0.01%
	BXP	C	0.01%
	NCLH	B	0.01%
	UHS	D	0.01%
	REG	A	0.01%
	DAY	B	0.01%
	ALLE	C	0.01%
	JNPR	D	0.01%
	CPT	B	0.01%
	CHRW	B	0.01%
	TPR	B	0.01%
	POOL	C	0.01%
	NWS	A	0.0%

PHDG Underweight 56 Positions Relative to SFY

	Symbol	Grade	Weight
	APP	B	-0.34%
	WDAY	B	-0.25%
	COIN	C	-0.25%
	SQ	A	-0.19%
	APO	B	-0.18%
	DASH	B	-0.17%
	DDOG	A	-0.16%
	HUBS	A	-0.15%
	TTD	B	-0.15%
	ALNY	D	-0.13%
	VRT	B	-0.12%
	NET	B	-0.11%
	TEAM	A	-0.11%
	MRVL	B	-0.1%
	SNOW	B	-0.1%
	PSTG	D	-0.09%
	ZS	B	-0.09%
	ZM	C	-0.07%
	TRU	D	-0.07%
	DKNG	B	-0.07%
	FCNCA	A	-0.07%
	DOCU	B	-0.06%
	VEEV	C	-0.06%
	FLUT	A	-0.06%
	RBLX	C	-0.05%
	OKTA	C	-0.05%
	PINS	F	-0.05%
	MSTR	B	-0.05%
	ARES	A	-0.05%
	MDB	B	-0.05%
	ILMN	C	-0.04%
	MANH	D	-0.04%
	BMRN	F	-0.04%
	LPLA	A	-0.04%
	EME	A	-0.04%
	BAH	F	-0.04%
	SSNC	B	-0.03%
	TWLO	A	-0.03%
	MKL	A	-0.03%
	BURL	B	-0.03%
	LII	A	-0.03%
	ENTG	D	-0.03%
	LNG	A	-0.03%
	CVNA	B	-0.03%
	SNAP	D	-0.02%
	CSL	C	-0.02%
	WSM	C	-0.02%
	RS	B	-0.02%
	EXAS	D	-0.02%
	OC	A	-0.02%
	RPM	A	-0.02%
	WSO	A	-0.02%
	SUI	C	-0.02%
	RPRX	D	-0.02%
	WPC	C	-0.01%
	SCCO	F	-0.0%

PHDG: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Dow Jones Component Electronics Chemical Medicine Real Estate Investment Trust Aerospace Telecommunications Bank Semiconductor Banking Insurance Products Petroleum Industry Transport Investment Bank

SFY: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Semiconductors Banks - Regional - US Specialty Retail Asset Management Capital Markets Drug Manufacturers - Major Oil & Gas E&P Aerospace & Defense Medical Devices Medical Instruments & Supplies Software - Infrastructure Specialty Chemicals Biotechnology Credit Services Health Care Plans

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Electricity Dow Jones Component Insurance Electronics Chemical Medicine Aerospace Bank Banking Cloud Computing Semiconductor Telecommunications Real Estate Investment Trust Mining Mobile Devices Insurance Products