PHDG vs. SPYI ETF Comparison

Comparison of PowerShares S&P 500 Downside Hedged Portfolio (PHDG) to NEOS S&P 500 High Income ETF (SPYI)

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

$38.30

Average Daily Volume

12,482

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

SPYI

NEOS S&P 500 High Income ETF

SPYI Description

SHP ETF Trust - NEOS S&P 500 High Income ETF is an exchange traded fund launched by Faith Investor Services LLC. The fund is managed by Neos Investment Management, LLC. The fund invests in public equity markets of the United States. The fund invests directly and through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as options to create its portfolio. The fund invests in growth and value stocks of large-cap companies, within the market capitalization range of the S&P 500 Index. SHP ETF Trust - NEOS S&P 500 High Income ETF was formed on August 30, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$51.96

Average Daily Volume

607,658

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	PHDG	SPYI
30 Days	0.66%	2.57%
60 Days	1.51%	4.02%
90 Days	1.58%	5.68%
12 Months	18.52%	22.34%

499 Overlapping Holdings

Symbol	Grade	Weight in PHDG	Weight in SPYI	Overlap
A	D	0.04%	0.08%	0.04%
AAPL	C	3.74%	6.82%	3.74%
ABBV	D	0.32%	0.61%	0.32%
ABNB	C	0.06%	0.13%	0.06%
ABT	B	0.22%	0.46%	0.22%
ACGL	D	0.04%	0.08%	0.04%
ACN	C	0.24%	0.5%	0.24%
ADBE	C	0.25%	0.5%	0.25%
ADI	D	0.11%	0.25%	0.11%
ADM	D	0.03%	0.06%	0.03%
ADP	B	0.13%	0.25%	0.13%
ADSK	A	0.07%	0.13%	0.07%
AEE	A	0.03%	0.04%	0.03%
AEP	D	0.05%	0.11%	0.05%
AES	F	0.01%	0.02%	0.01%
AFL	B	0.06%	0.13%	0.06%
AIG	B	0.05%	0.12%	0.05%
AIZ	A	0.01%	0.01%	0.01%
AJG	B	0.07%	0.12%	0.07%
AKAM	D	0.01%	0.02%	0.01%
ALB	C	0.01%	0.02%	0.01%
ALGN	D	0.02%	0.01%	0.01%
ALL	A	0.06%	0.08%	0.06%
ALLE	D	0.01%	0.01%	0.01%
AMAT	F	0.17%	0.33%	0.17%
AMCR	D	0.02%	0.03%	0.02%
AMD	F	0.24%	0.51%	0.24%
AME	A	0.05%	0.08%	0.05%
AMGN	D	0.17%	0.34%	0.17%
AMP	A	0.06%	0.12%	0.06%
AMT	D	0.1%	0.2%	0.1%
AMZN	C	2.13%	3.87%	2.13%
ANET	C	0.11%	0.16%	0.11%
ANSS	B	0.03%	0.07%	0.03%
AON	A	0.09%	0.16%	0.09%
AOS	F	0.01%	0.0%	0.0%
APA	D	0.01%	0.01%	0.01%
APD	A	0.08%	0.14%	0.08%
APH	A	0.09%	0.19%	0.09%
APTV	D	0.02%	0.02%	0.02%
ARE	D	0.02%	0.02%	0.02%
ATO	A	0.02%	0.03%	0.02%
AVB	B	0.03%	0.05%	0.03%
AVGO	D	0.86%	1.48%	0.86%
AVY	D	0.02%	0.01%	0.01%
AWK	D	0.03%	0.03%	0.03%
AXON	A	0.05%	0.03%	0.03%
AXP	A	0.17%	0.35%	0.17%
AZO	C	0.06%	0.03%	0.03%
BA	F	0.11%	0.18%	0.11%
BAC	A	0.33%	0.65%	0.33%
BALL	D	0.02%	0.04%	0.02%
BAX	D	0.02%	0.04%	0.02%
BBY	D	0.02%	0.02%	0.02%
BDX	F	0.07%	0.14%	0.07%
BEN	C	0.01%	0.01%	0.01%
BG	F	0.01%	0.02%	0.01%
BIIB	F	0.03%	0.04%	0.03%
BK	A	0.06%	0.14%	0.06%
BKNG	A	0.18%	0.11%	0.11%
BKR	B	0.05%	0.1%	0.05%
BLDR	D	0.02%	0.04%	0.02%
BLK	C	0.16%	0.23%	0.16%
BMY	B	0.13%	0.27%	0.13%
BR	A	0.03%	0.05%	0.03%
BRK.A	B	0.92%	1.78%	0.92%
BRO	B	0.03%	0.05%	0.03%
BSX	B	0.14%	0.3%	0.14%
BWA	D	0.01%	0.01%	0.01%
BX	A	0.14%	0.29%	0.14%
BXP	D	0.01%	0.02%	0.01%
C	A	0.14%	0.31%	0.14%
CAG	D	0.01%	0.03%	0.01%
CAH	B	0.03%	0.05%	0.03%
CARR	D	0.07%	0.15%	0.07%
CAT	B	0.2%	0.45%	0.2%
CB	C	0.12%	0.23%	0.12%
CBOE	B	0.02%	0.04%	0.02%
CBRE	B	0.04%	0.08%	0.04%
CCI	D	0.05%	0.1%	0.05%
CCL	B	0.03%	0.06%	0.03%
CDNS	B	0.09%	0.18%	0.09%
CDW	F	0.03%	0.04%	0.03%
CE	F	0.01%	0.0%	0.0%
CEG	D	0.08%	0.15%	0.08%
CF	B	0.02%	0.02%	0.02%
CFG	B	0.02%	0.05%	0.02%
CHD	B	0.03%	0.05%	0.03%
CHRW	C	0.01%	0.0%	0.0%
CHTR	C	0.04%	0.08%	0.04%
CI	F	0.1%	0.2%	0.1%
CINF	A	0.03%	0.04%	0.03%
CL	D	0.08%	0.17%	0.08%
CLX	B	0.02%	0.04%	0.02%
CMCSA	B	0.18%	0.4%	0.18%
CME	A	0.09%	0.18%	0.09%
CMG	B	0.09%	0.07%	0.07%
CMI	A	0.05%	0.08%	0.05%
CMS	C	0.02%	0.04%	0.02%
CNC	D	0.03%	0.07%	0.03%
CNP	B	0.02%	0.04%	0.02%
COF	B	0.08%	0.15%	0.08%
COP	C	0.14%	0.31%	0.14%
COR	B	0.05%	0.06%	0.05%
COST	B	0.44%	0.83%	0.44%
CPAY	A	0.03%	0.02%	0.02%
CPB	D	0.01%	0.01%	0.01%
CPRT	A	0.05%	0.11%	0.05%
CPT	B	0.01%	0.01%	0.01%
CRL	C	0.01%	0.01%	0.01%
CRM	B	0.35%	0.71%	0.35%
CRWD	B	0.09%	0.15%	0.09%
CSCO	B	0.25%	0.55%	0.25%
CSGP	D	0.03%	0.06%	0.03%
CSX	B	0.07%	0.16%	0.07%
CTAS	B	0.08%	0.17%	0.08%
CTLT	B	0.01%	0.01%	0.01%
CTRA	B	0.02%	0.05%	0.02%
CTSH	B	0.04%	0.09%	0.04%
CTVA	C	0.04%	0.09%	0.04%
CVS	D	0.07%	0.17%	0.07%
CVX	A	0.3%	0.57%	0.3%
CZR	F	0.01%	0.02%	0.01%
D	C	0.05%	0.11%	0.05%
DAL	C	0.04%	0.09%	0.04%
DAY	B	0.01%	0.02%	0.01%
DD	D	0.04%	0.08%	0.04%
DE	A	0.11%	0.24%	0.11%
DECK	A	0.03%	0.02%	0.02%
DELL	C	0.04%	0.08%	0.04%
DFS	B	0.05%	0.1%	0.05%
DG	F	0.02%	0.03%	0.02%
DGX	A	0.02%	0.01%	0.01%
DHI	D	0.05%	0.1%	0.05%
DHR	F	0.17%	0.33%	0.17%
DIS	B	0.21%	0.49%	0.21%
DLR	B	0.06%	0.11%	0.06%
DLTR	F	0.01%	0.03%	0.01%
DOC	D	0.02%	0.03%	0.02%
DOV	A	0.03%	0.05%	0.03%
DOW	F	0.03%	0.07%	0.03%
DPZ	C	0.02%	0.01%	0.01%
DRI	B	0.02%	0.04%	0.02%
DTE	C	0.03%	0.05%	0.03%
DUK	C	0.09%	0.2%	0.09%
DVA	B	0.01%	0.0%	0.0%
DVN	F	0.03%	0.05%	0.03%
DXCM	D	0.03%	0.06%	0.03%
EA	A	0.04%	0.07%	0.04%
EBAY	D	0.03%	0.07%	0.03%
ECL	D	0.07%	0.1%	0.07%
ED	D	0.04%	0.08%	0.04%
EFX	F	0.03%	0.05%	0.03%
EG	C	0.02%	0.01%	0.01%
EIX	B	0.03%	0.07%	0.03%
EL	F	0.02%	0.03%	0.02%
ELV	F	0.1%	0.17%	0.1%
EMN	D	0.01%	0.0%	0.0%
EMR	A	0.08%	0.16%	0.08%
ENPH	F	0.01%	0.01%	0.01%
EOG	A	0.08%	0.19%	0.08%
EPAM	C	0.02%	0.01%	0.01%
EQIX	A	0.09%	0.18%	0.09%
EQR	B	0.03%	0.06%	0.03%
EQT	B	0.03%	0.04%	0.03%
ERIE	D	0.01%	0.02%	0.01%
ES	D	0.02%	0.05%	0.02%
ESS	B	0.02%	0.01%	0.01%
ETN	A	0.16%	0.29%	0.16%
ETR	B	0.03%	0.06%	0.03%
EVRG	A	0.02%	0.03%	0.02%
EW	C	0.04%	0.1%	0.04%
EXC	C	0.04%	0.09%	0.04%
EXPD	D	0.02%	0.03%	0.02%
EXPE	B	0.02%	0.04%	0.02%
EXR	D	0.04%	0.07%	0.04%
F	C	0.05%	0.1%	0.05%
FANG	D	0.04%	0.04%	0.04%
FAST	B	0.05%	0.1%	0.05%
FCX	D	0.07%	0.15%	0.07%
FDS	B	0.02%	0.01%	0.01%
FDX	B	0.07%	0.12%	0.07%
FE	C	0.02%	0.05%	0.02%
FFIV	B	0.02%	0.01%	0.01%
FI	A	0.13%	0.3%	0.13%
FICO	B	0.06%	0.03%	0.03%
FIS	C	0.05%	0.12%	0.05%
FITB	A	0.03%	0.07%	0.03%
FMC	D	0.01%	0.0%	0.0%
FOX	A	0.01%	0.01%	0.01%
FOXA	B	0.01%	0.02%	0.01%
FRT	B	0.01%	0.0%	0.0%
FSLR	F	0.02%	0.04%	0.02%
FTNT	C	0.06%	0.13%	0.06%
FTV	C	0.03%	0.06%	0.03%
GD	F	0.08%	0.12%	0.08%
GDDY	A	0.03%	0.05%	0.03%
GE	D	0.21%	0.45%	0.21%
GEHC	F	0.04%	0.07%	0.04%
GEN	B	0.02%	0.04%	0.02%
GEV	B	0.1%	0.21%	0.1%
GILD	C	0.12%	0.26%	0.12%
GIS	D	0.04%	0.09%	0.04%
GL	B	0.01%	0.0%	0.0%
GLW	B	0.04%	0.08%	0.04%
GM	B	0.07%	0.17%	0.07%
GNRC	B	0.01%	0.01%	0.01%
GOOG	C	0.92%	1.8%	0.92%
GOOGL	C	1.11%	2.1%	1.11%
GPC	D	0.02%	0.03%	0.02%
GPN	B	0.03%	0.07%	0.03%
GRMN	B	0.03%	0.05%	0.03%
GS	A	0.2%	0.36%	0.2%
GWW	B	0.06%	0.03%	0.03%
HAL	C	0.03%	0.06%	0.03%
HAS	D	0.01%	0.01%	0.01%
HBAN	A	0.03%	0.06%	0.03%
HCA	F	0.07%	0.14%	0.07%
HD	A	0.43%	0.82%	0.43%
HES	B	0.04%	0.09%	0.04%
HIG	B	0.04%	0.07%	0.04%
HII	D	0.01%	0.0%	0.0%
HLT	A	0.07%	0.15%	0.07%
HOLX	D	0.02%	0.03%	0.02%
HON	B	0.16%	0.32%	0.16%
HPE	B	0.03%	0.06%	0.03%
HPQ	B	0.04%	0.07%	0.04%
HRL	D	0.01%	0.02%	0.01%
HSIC	B	0.01%	0.0%	0.0%
HST	C	0.01%	0.03%	0.01%
HSY	F	0.03%	0.04%	0.03%
HUBB	B	0.03%	0.01%	0.01%
HUM	C	0.04%	0.06%	0.04%
HWM	A	0.05%	0.1%	0.05%
IBM	C	0.21%	0.46%	0.21%
ICE	C	0.1%	0.19%	0.1%
IDXX	F	0.04%	0.02%	0.02%
IEX	B	0.02%	0.01%	0.01%
IFF	D	0.02%	0.04%	0.02%
INCY	C	0.01%	0.02%	0.01%
INTC	D	0.12%	0.24%	0.12%
INTU	C	0.21%	0.39%	0.21%
INVH	D	0.02%	0.04%	0.02%
IP	B	0.02%	0.05%	0.02%
IPG	D	0.01%	0.02%	0.01%
IQV	D	0.04%	0.08%	0.04%
IR	B	0.04%	0.08%	0.04%
IRM	D	0.04%	0.07%	0.04%
ISRG	A	0.21%	0.43%	0.21%
IT	C	0.04%	0.02%	0.02%
ITW	B	0.08%	0.16%	0.08%
IVZ	B	0.01%	0.02%	0.01%
J	F	0.02%	0.03%	0.02%
JBHT	C	0.02%	0.01%	0.01%
JBL	B	0.02%	0.03%	0.02%
JCI	C	0.06%	0.13%	0.06%
JKHY	D	0.01%	0.01%	0.01%
JNJ	D	0.39%	0.78%	0.39%
JNPR	F	0.01%	0.02%	0.01%
JPM	A	0.74%	1.39%	0.74%
K	A	0.02%	0.03%	0.02%
KDP	D	0.04%	0.07%	0.04%
KEY	B	0.02%	0.04%	0.02%
KEYS	A	0.03%	0.04%	0.03%
KHC	F	0.03%	0.05%	0.03%
KIM	A	0.02%	0.03%	0.02%
KKR	A	0.11%	0.19%	0.11%
KLAC	D	0.09%	0.14%	0.09%
KMB	D	0.05%	0.08%	0.05%
KMI	A	0.06%	0.13%	0.06%
KMX	B	0.01%	0.02%	0.01%
KO	D	0.26%	0.5%	0.26%
KR	B	0.04%	0.08%	0.04%
KVUE	A	0.05%	0.09%	0.05%
L	A	0.02%	0.02%	0.02%
LDOS	C	0.02%	0.04%	0.02%
LEN	D	0.04%	0.07%	0.04%
LH	C	0.02%	0.01%	0.01%
LHX	C	0.05%	0.1%	0.05%
LIN	D	0.23%	0.46%	0.23%
LKQ	D	0.01%	0.02%	0.01%
LLY	F	0.67%	1.24%	0.67%
LMT	D	0.12%	0.23%	0.12%
LNT	A	0.02%	0.03%	0.02%
LOW	D	0.17%	0.32%	0.17%
LRCX	F	0.11%	0.16%	0.11%
LULU	C	0.04%	0.07%	0.04%
LUV	C	0.02%	0.04%	0.02%
LVS	C	0.02%	0.03%	0.02%
LW	C	0.01%	0.02%	0.01%
LYB	F	0.02%	0.04%	0.02%
LYV	A	0.02%	0.03%	0.02%
MA	C	0.46%	0.89%	0.46%
MAA	B	0.02%	0.03%	0.02%
MAR	B	0.07%	0.12%	0.07%
MAS	D	0.02%	0.03%	0.02%
MCD	D	0.23%	0.46%	0.23%
MCHP	D	0.04%	0.08%	0.04%
MCK	B	0.09%	0.14%	0.09%
MCO	B	0.08%	0.11%	0.08%
MDLZ	F	0.09%	0.2%	0.09%
MDT	D	0.12%	0.26%	0.12%
MET	A	0.05%	0.11%	0.05%
META	D	1.36%	2.55%	1.36%
MGM	D	0.01%	0.02%	0.01%
MHK	D	0.01%	0.0%	0.0%
MKC	D	0.02%	0.03%	0.02%
MKTX	D	0.01%	0.01%	0.01%
MLM	B	0.04%	0.02%	0.02%
MMC	B	0.12%	0.23%	0.12%
MMM	D	0.08%	0.15%	0.08%
MNST	C	0.04%	0.09%	0.04%
MO	A	0.1%	0.23%	0.1%
MOH	F	0.02%	0.01%	0.01%
MOS	F	0.01%	0.02%	0.01%
MPC	D	0.06%	0.13%	0.06%
MPWR	F	0.03%	0.02%	0.02%
MRK	F	0.27%	0.57%	0.27%
MRNA	F	0.01%	0.02%	0.01%
MRO	B	0.02%	0.04%	0.02%
MS	A	0.18%	0.39%	0.18%
MSCI	C	0.05%	0.02%	0.02%
MSFT	F	3.42%	6.28%	3.42%
MSI	B	0.09%	0.12%	0.09%
MTB	A	0.04%	0.05%	0.04%
MTCH	D	0.01%	0.02%	0.01%
MTD	D	0.03%	0.02%	0.02%
MU	D	0.12%	0.25%	0.12%
NCLH	B	0.01%	0.03%	0.01%
NDAQ	A	0.03%	0.06%	0.03%
NDSN	B	0.02%	0.01%	0.01%
NEE	D	0.17%	0.36%	0.17%
NEM	D	0.05%	0.11%	0.05%
NFLX	A	0.39%	0.75%	0.39%
NI	A	0.02%	0.03%	0.02%
NKE	D	0.1%	0.2%	0.1%
NOC	D	0.07%	0.11%	0.07%
NOW	A	0.23%	0.42%	0.23%
NRG	B	0.02%	0.04%	0.02%
NSC	B	0.06%	0.11%	0.06%
NTAP	C	0.03%	0.05%	0.03%
NTRS	A	0.02%	0.04%	0.02%
NUE	C	0.04%	0.06%	0.04%
NVDA	C	3.89%	7.22%	3.89%
NVR	D	0.03%	0.02%	0.02%
NWS	B	0.0%	0.0%	0.0%
NWSA	B	0.01%	0.02%	0.01%
NXPI	D	0.06%	0.13%	0.06%
O	D	0.05%	0.08%	0.05%
ODFL	B	0.05%	0.09%	0.05%
OKE	A	0.07%	0.15%	0.07%
OMC	C	0.02%	0.02%	0.02%
ON	D	0.03%	0.07%	0.03%
ORCL	B	0.32%	0.62%	0.32%
ORLY	B	0.08%	0.04%	0.04%
OTIS	C	0.04%	0.08%	0.04%
OXY	D	0.04%	0.07%	0.04%
PANW	C	0.14%	0.24%	0.14%
PARA	C	0.01%	0.01%	0.01%
PAYC	B	0.01%	0.01%	0.01%
PAYX	C	0.05%	0.09%	0.05%
PCAR	B	0.07%	0.13%	0.07%
PCG	A	0.05%	0.1%	0.05%
PEG	A	0.05%	0.11%	0.05%
PEP	F	0.24%	0.5%	0.24%
PFE	D	0.16%	0.33%	0.16%
PFG	D	0.02%	0.04%	0.02%
PG	A	0.42%	0.84%	0.42%
PGR	A	0.16%	0.35%	0.16%
PH	A	0.1%	0.15%	0.1%
PHM	D	0.03%	0.05%	0.03%
PKG	A	0.02%	0.01%	0.01%
PLD	D	0.11%	0.25%	0.11%
PLTR	B	0.13%	0.26%	0.13%
PM	B	0.21%	0.46%	0.21%
PNC	B	0.09%	0.17%	0.09%
PNR	A	0.02%	0.02%	0.02%
PNW	B	0.01%	0.0%	0.0%
PODD	C	0.02%	0.01%	0.01%
POOL	C	0.01%	0.01%	0.01%
PPG	F	0.03%	0.05%	0.03%
PPL	B	0.03%	0.05%	0.03%
PRU	A	0.05%	0.1%	0.05%
PSA	D	0.06%	0.08%	0.06%
PSX	C	0.06%	0.13%	0.06%
PTC	A	0.02%	0.04%	0.02%
PWR	A	0.05%	0.08%	0.05%
PYPL	B	0.09%	0.21%	0.09%
QCOM	F	0.2%	0.39%	0.2%
QRVO	F	0.01%	0.0%	0.0%
RCL	A	0.06%	0.1%	0.06%
REG	B	0.01%	0.02%	0.01%
REGN	F	0.09%	0.15%	0.09%
RF	A	0.03%	0.06%	0.03%
RJF	A	0.03%	0.07%	0.03%
RL	B	0.01%	0.0%	0.0%
RMD	C	0.04%	0.06%	0.04%
ROK	B	0.04%	0.06%	0.04%
ROL	B	0.02%	0.02%	0.02%
ROP	B	0.07%	0.11%	0.07%
ROST	C	0.05%	0.09%	0.05%
RSG	A	0.05%	0.09%	0.05%
RTX	C	0.17%	0.33%	0.17%
RVTY	F	0.02%	0.0%	0.0%
SBAC	D	0.03%	0.05%	0.03%
SBUX	A	0.12%	0.25%	0.12%
SCHW	B	0.13%	0.27%	0.13%
SHW	A	0.1%	0.16%	0.1%
SJM	D	0.01%	0.0%	0.0%
SLB	C	0.07%	0.14%	0.07%
SMCI	F	0.01%	0.01%	0.01%
SNA	A	0.02%	0.01%	0.01%
SNPS	B	0.09%	0.13%	0.09%
SO	D	0.1%	0.22%	0.1%
SOLV	C	0.01%	0.02%	0.01%
SPG	B	0.06%	0.11%	0.06%
SPGI	C	0.18%	0.31%	0.18%
SRE	A	0.06%	0.13%	0.06%
STE	F	0.02%	0.04%	0.02%
STLD	B	0.02%	0.03%	0.02%
STT	A	0.03%	0.06%	0.03%
STX	D	0.02%	0.02%	0.02%
STZ	D	0.04%	0.06%	0.04%
SW	A	0.03%	0.02%	0.02%
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	C	0.14%	0.3%	0.14%
SYY	B	0.04%	0.09%	0.04%
T	A	0.17%	0.38%	0.17%
TAP	C	0.01%	0.01%	0.01%
TDG	D	0.08%	0.04%	0.04%
TDY	B	0.02%	0.01%	0.01%
TECH	D	0.01%	0.02%	0.01%
TER	D	0.02%	0.02%	0.02%
TFC	A	0.07%	0.14%	0.07%
TFX	F	0.01%	0.01%	0.01%
TGT	F	0.08%	0.12%	0.08%
TJX	A	0.15%	0.31%	0.15%
TMO	F	0.22%	0.42%	0.22%
TMUS	B	0.13%	0.28%	0.13%
TPR	B	0.01%	0.02%	0.01%
TRGP	B	0.05%	0.09%	0.05%
TRMB	B	0.02%	0.04%	0.02%
TROW	B	0.03%	0.05%	0.03%
TRV	B	0.06%	0.11%	0.06%
TSCO	D	0.03%	0.06%	0.03%
TSLA	B	0.93%	1.91%	0.93%
TSN	B	0.02%	0.04%	0.02%
TT	A	0.1%	0.18%	0.1%
TTWO	A	0.03%	0.04%	0.03%
TXN	C	0.2%	0.39%	0.2%
TXT	D	0.02%	0.03%	0.02%
TYL	B	0.03%	0.02%	0.02%
UAL	A	0.03%	0.06%	0.03%
UBER	D	0.16%	0.33%	0.16%
UDR	B	0.01%	0.03%	0.01%
UHS	D	0.01%	0.01%	0.01%
ULTA	F	0.02%	0.01%	0.01%
UNH	C	0.59%	1.17%	0.59%
UNP	C	0.15%	0.32%	0.15%
UPS	C	0.1%	0.21%	0.1%
URI	B	0.06%	0.03%	0.03%
USB	A	0.08%	0.18%	0.08%
V	A	0.56%	1.02%	0.56%
VICI	C	0.04%	0.08%	0.04%
VLO	C	0.05%	0.11%	0.05%
VLTO	D	0.03%	0.04%	0.03%
VMC	B	0.04%	0.06%	0.04%
VRSK	A	0.04%	0.07%	0.04%
VRSN	F	0.02%	0.01%	0.01%
VRTX	F	0.13%	0.27%	0.13%
VST	B	0.05%	0.11%	0.05%
VTR	C	0.03%	0.05%	0.03%
VTRS	A	0.02%	0.04%	0.02%
VZ	C	0.19%	0.42%	0.19%
WAB	B	0.04%	0.05%	0.04%
WAT	B	0.02%	0.01%	0.01%
WBA	F	0.01%	0.01%	0.01%
WBD	C	0.02%	0.05%	0.02%
WDC	D	0.02%	0.04%	0.02%
WEC	A	0.03%	0.06%	0.03%
WELL	A	0.08%	0.16%	0.08%
WFC	A	0.27%	0.51%	0.27%
WM	A	0.09%	0.17%	0.09%
WMB	A	0.07%	0.16%	0.07%
WMT	A	0.4%	0.77%	0.4%
WRB	A	0.02%	0.04%	0.02%
WST	C	0.03%	0.01%	0.01%
WTW	B	0.03%	0.06%	0.03%
WY	D	0.02%	0.05%	0.02%
WYNN	D	0.01%	0.0%	0.0%
XEL	A	0.04%	0.08%	0.04%
XOM	B	0.58%	1.13%	0.58%
XYL	D	0.03%	0.05%	0.03%
YUM	B	0.04%	0.08%	0.04%
ZBH	C	0.02%	0.05%	0.02%
ZBRA	B	0.02%	0.01%	0.01%
ZTS	D	0.09%	0.18%	0.09%

PHDG Overweight 0 Positions Relative to SPYI

	Symbol	Grade	Weight

PHDG Underweight 0 Positions Relative to SPYI

	Symbol	Grade	Weight