PHDG vs. TSPA ETF Comparison

Comparison of PowerShares S&P 500 Downside Hedged Portfolio (PHDG) to T. Rowe Price U.S. Equity Research ETF (TSPA)

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

$38.48

Average Daily Volume

12,575

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

TSPA

T. Rowe Price U.S. Equity Research ETF

TSPA Description

Blue Safari Group Acquisition Corp. intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. It focuses on pursuing opportunities in fintech, infotech, insurtech, and business services. The company was incorporated in 2021 and is based in Central, Hong Kong.

Grade (RS Rating)

Last Trade

$37.59

Average Daily Volume

119,047

Number of Holdings ^*

342

* may have additional holdings in another (foreign) market

Performance

Period	PHDG	TSPA
30 Days	-0.52%	3.18%
60 Days	1.61%	4.45%
90 Days	2.51%	6.37%
12 Months	19.62%	34.01%

293 Overlapping Holdings

Symbol	Grade	Weight in PHDG	Weight in TSPA	Overlap
AAPL	B	3.74%	7.37%	3.74%
ABBV	D	0.32%	0.62%	0.32%
ABNB	C	0.06%	0.11%	0.06%
ABT	B	0.22%	0.19%	0.19%
ACN	B	0.24%	0.65%	0.24%
ADBE	C	0.25%	0.49%	0.25%
ADI	D	0.11%	0.3%	0.11%
ADSK	B	0.07%	0.19%	0.07%
AEE	A	0.03%	0.19%	0.03%
AIG	B	0.05%	0.26%	0.05%
ALL	B	0.06%	0.3%	0.06%
AMAT	F	0.17%	0.02%	0.02%
AMD	F	0.24%	0.55%	0.24%
AME	A	0.05%	0.02%	0.02%
AMGN	D	0.17%	0.44%	0.17%
AMT	D	0.1%	0.33%	0.1%
AMZN	C	2.13%	3.66%	2.13%
ANET	C	0.11%	0.14%	0.11%
APH	B	0.09%	0.11%	0.09%
APTV	F	0.02%	0.02%	0.02%
ATO	A	0.02%	0.14%	0.02%
AVB	B	0.03%	0.07%	0.03%
AVGO	D	0.86%	1.69%	0.86%
AXP	A	0.17%	0.37%	0.17%
AZO	C	0.06%	0.15%	0.06%
BA	D	0.11%	0.24%	0.11%
BAC	A	0.33%	0.61%	0.33%
BALL	D	0.02%	0.11%	0.02%
BDX	F	0.07%	0.29%	0.07%
BIIB	F	0.03%	0.1%	0.03%
BK	A	0.06%	0.16%	0.06%
BKNG	B	0.18%	0.31%	0.18%
BLK	C	0.16%	0.21%	0.16%
BMY	B	0.13%	0.13%	0.13%
BR	A	0.03%	0.03%	0.03%
BRK.A	B	0.92%	1.23%	0.92%
BSX	C	0.14%	0.23%	0.14%
BX	B	0.14%	0.08%	0.08%
C	A	0.14%	0.42%	0.14%
CAH	B	0.03%	0.03%	0.03%
CARR	C	0.07%	0.21%	0.07%
CAT	B	0.2%	0.15%	0.15%
CB	D	0.12%	0.48%	0.12%
CBOE	B	0.02%	0.14%	0.02%
CBRE	B	0.04%	0.07%	0.04%
CCI	D	0.05%	0.01%	0.01%
CDNS	B	0.09%	0.19%	0.09%
CEG	D	0.08%	0.27%	0.08%
CF	B	0.02%	0.1%	0.02%
CI	D	0.1%	0.32%	0.1%
CL	D	0.08%	0.22%	0.08%
CLX	C	0.02%	0.04%	0.02%
CMCSA	C	0.18%	0.42%	0.18%
CMG	B	0.09%	0.27%	0.09%
CMI	A	0.05%	0.31%	0.05%
CMS	C	0.02%	0.08%	0.02%
CNP	A	0.02%	0.06%	0.02%
COP	D	0.14%	0.42%	0.14%
COR	C	0.05%	0.12%	0.05%
COST	B	0.44%	0.8%	0.44%
CPAY	A	0.03%	0.29%	0.03%
CPB	D	0.01%	0.02%	0.01%
CPRT	A	0.05%	0.13%	0.05%
CPT	B	0.01%	0.0%	0.0%
CRL	C	0.01%	0.0%	0.0%
CRM	B	0.35%	0.79%	0.35%
CRWD	B	0.09%	0.11%	0.09%
CSCO	A	0.25%	0.32%	0.25%
CSGP	C	0.03%	0.04%	0.03%
CSX	B	0.07%	0.35%	0.07%
CTAS	B	0.08%	0.1%	0.08%
CVS	D	0.07%	0.04%	0.04%
CVX	B	0.3%	0.47%	0.3%
D	C	0.05%	0.05%	0.05%
DAL	B	0.04%	0.05%	0.04%
DE	B	0.11%	0.24%	0.11%
DFS	B	0.05%	0.13%	0.05%
DG	F	0.02%	0.09%	0.02%
DGX	B	0.02%	0.08%	0.02%
DHR	D	0.17%	0.46%	0.17%
DIS	B	0.21%	0.2%	0.2%
DOV	A	0.03%	0.1%	0.03%
DPZ	C	0.02%	0.09%	0.02%
DUK	C	0.09%	0.04%	0.04%
DVN	F	0.03%	0.04%	0.03%
DXCM	C	0.03%	0.11%	0.03%
EA	C	0.04%	0.07%	0.04%
EBAY	C	0.03%	0.01%	0.01%
EFX	D	0.03%	0.09%	0.03%
EL	F	0.02%	0.04%	0.02%
ELV	F	0.1%	0.37%	0.1%
EMR	A	0.08%	0.07%	0.07%
EOG	C	0.08%	0.2%	0.08%
EQIX	A	0.09%	0.26%	0.09%
EQT	B	0.03%	0.06%	0.03%
ESS	B	0.02%	0.13%	0.02%
ETR	B	0.03%	0.1%	0.03%
EVRG	A	0.02%	0.06%	0.02%
EW	C	0.04%	0.06%	0.04%
EXC	D	0.04%	0.07%	0.04%
EXR	C	0.04%	0.01%	0.01%
F	C	0.05%	0.01%	0.01%
FANG	F	0.04%	0.12%	0.04%
FCX	F	0.07%	0.19%	0.07%
FDS	B	0.02%	0.04%	0.02%
FDX	B	0.07%	0.15%	0.07%
FE	D	0.02%	0.08%	0.02%
FI	A	0.13%	0.49%	0.13%
FICO	B	0.06%	0.11%	0.06%
FITB	B	0.03%	0.14%	0.03%
FSLR	F	0.02%	0.0%	0.0%
FTNT	C	0.06%	0.36%	0.06%
FTV	B	0.03%	0.08%	0.03%
GD	F	0.08%	0.03%	0.03%
GE	D	0.21%	0.56%	0.21%
GEN	A	0.02%	0.18%	0.02%
GEV	C	0.1%	0.25%	0.1%
GILD	B	0.12%	0.14%	0.12%
GIS	D	0.04%	0.04%	0.04%
GM	B	0.07%	0.05%	0.05%
GOOG	C	0.92%	2.14%	0.92%
GOOGL	C	1.11%	1.48%	1.11%
GPN	C	0.03%	0.18%	0.03%
GS	B	0.2%	0.29%	0.2%
HAL	C	0.03%	0.09%	0.03%
HBAN	B	0.03%	0.13%	0.03%
HCA	F	0.07%	0.05%	0.05%
HD	A	0.43%	0.9%	0.43%
HES	C	0.04%	0.05%	0.04%
HIG	B	0.04%	0.28%	0.04%
HII	F	0.01%	0.02%	0.01%
HLT	A	0.07%	0.18%	0.07%
HOLX	D	0.02%	0.12%	0.02%
HON	B	0.16%	0.32%	0.16%
HUBB	B	0.03%	0.16%	0.03%
HUM	C	0.04%	0.07%	0.04%
HWM	B	0.05%	0.16%	0.05%
IBM	C	0.21%	0.23%	0.21%
ICE	D	0.1%	0.26%	0.1%
IDXX	F	0.04%	0.06%	0.04%
IEX	B	0.02%	0.07%	0.02%
INTC	C	0.12%	0.01%	0.01%
INTU	C	0.21%	0.36%	0.21%
IP	B	0.02%	0.05%	0.02%
IQV	F	0.04%	0.03%	0.03%
IR	A	0.04%	0.11%	0.04%
ISRG	C	0.21%	0.48%	0.21%
IT	C	0.04%	0.04%	0.04%
JBHT	C	0.02%	0.01%	0.01%
JCI	C	0.06%	0.09%	0.06%
JNJ	D	0.39%	0.68%	0.39%
JPM	B	0.74%	1.16%	0.74%
K	A	0.02%	0.02%	0.02%
KDP	D	0.04%	0.3%	0.04%
KEY	A	0.02%	0.05%	0.02%
KEYS	B	0.03%	0.2%	0.03%
KHC	D	0.03%	0.02%	0.02%
KIM	A	0.02%	0.05%	0.02%
KKR	B	0.11%	0.19%	0.11%
KLAC	F	0.09%	0.43%	0.09%
KMB	C	0.05%	0.09%	0.05%
KMI	B	0.06%	0.1%	0.06%
KO	D	0.26%	0.68%	0.26%
KVUE	A	0.05%	0.3%	0.05%
LHX	C	0.05%	0.19%	0.05%
LIN	D	0.23%	0.7%	0.23%
LLY	F	0.67%	1.9%	0.67%
LMT	D	0.12%	0.06%	0.06%
LOW	C	0.17%	0.3%	0.17%
LRCX	F	0.11%	0.03%	0.03%
LULU	C	0.04%	0.11%	0.04%
LUV	B	0.02%	0.01%	0.01%
LVS	C	0.02%	0.14%	0.02%
MA	B	0.46%	0.89%	0.46%
MAR	A	0.07%	0.16%	0.07%
MCD	D	0.23%	0.55%	0.23%
MCHP	F	0.04%	0.02%	0.02%
MCK	C	0.09%	0.18%	0.09%
MCO	A	0.08%	0.16%	0.08%
MDLZ	F	0.09%	0.16%	0.09%
MDT	D	0.12%	0.1%	0.1%
MET	A	0.05%	0.26%	0.05%
META	D	1.36%	2.67%	1.36%
MMC	A	0.12%	0.25%	0.12%
MNST	B	0.04%	0.07%	0.04%
MO	A	0.1%	0.06%	0.06%
MOH	F	0.02%	0.11%	0.02%
MOS	F	0.01%	0.06%	0.01%
MPC	F	0.06%	0.24%	0.06%
MPWR	F	0.03%	0.09%	0.03%
MRK	F	0.27%	0.55%	0.27%
MRNA	F	0.01%	0.0%	0.0%
MS	B	0.18%	0.26%	0.18%
MSCI	C	0.05%	0.03%	0.03%
MSFT	D	3.42%	6.73%	3.42%
MTD	F	0.03%	0.17%	0.03%
MU	D	0.12%	0.02%	0.02%
NCLH	B	0.01%	0.05%	0.01%
NEE	D	0.17%	0.51%	0.17%
NFLX	B	0.39%	0.8%	0.39%
NI	A	0.02%	0.02%	0.02%
NKE	F	0.1%	0.08%	0.08%
NOC	D	0.07%	0.27%	0.07%
NOW	B	0.23%	0.06%	0.06%
NSC	A	0.06%	0.21%	0.06%
NVDA	C	3.89%	6.08%	3.89%
NVR	D	0.03%	0.23%	0.03%
NXPI	D	0.06%	0.02%	0.02%
ODFL	B	0.05%	0.28%	0.05%
ON	C	0.03%	0.04%	0.03%
ORCL	C	0.32%	0.53%	0.32%
ORLY	B	0.08%	0.17%	0.08%
PANW	C	0.14%	0.1%	0.1%
PCG	B	0.05%	0.33%	0.05%
PEP	F	0.24%	0.51%	0.24%
PFE	D	0.16%	0.22%	0.16%
PG	A	0.42%	0.78%	0.42%
PGR	A	0.16%	0.06%	0.06%
PKG	B	0.02%	0.1%	0.02%
PLD	D	0.11%	0.28%	0.11%
PM	B	0.21%	0.56%	0.21%
PNC	A	0.09%	0.08%	0.08%
PPL	B	0.03%	0.02%	0.02%
PSA	C	0.06%	0.18%	0.06%
PSX	C	0.06%	0.07%	0.06%
QCOM	F	0.2%	0.55%	0.2%
RCL	B	0.06%	0.18%	0.06%
REG	B	0.01%	0.04%	0.01%
REGN	F	0.09%	0.31%	0.09%
ROK	B	0.04%	0.18%	0.04%
ROP	B	0.07%	0.27%	0.07%
ROST	C	0.05%	0.17%	0.05%
RSG	A	0.05%	0.03%	0.03%
RTX	D	0.17%	0.2%	0.17%
SBAC	D	0.03%	0.02%	0.02%
SBUX	B	0.12%	0.1%	0.1%
SCHW	A	0.13%	0.35%	0.13%
SHW	A	0.1%	0.21%	0.1%
SLB	C	0.07%	0.19%	0.07%
SNPS	B	0.09%	0.2%	0.09%
SO	D	0.1%	0.2%	0.1%
SPG	C	0.06%	0.06%	0.06%
SPGI	C	0.18%	0.33%	0.18%
SRE	A	0.06%	0.04%	0.04%
STLD	B	0.02%	0.13%	0.02%
STZ	D	0.04%	0.12%	0.04%
SWK	D	0.01%	0.32%	0.01%
SYK	C	0.14%	0.39%	0.14%
SYY	C	0.04%	0.04%	0.04%
T	A	0.17%	0.06%	0.06%
TDG	D	0.08%	0.16%	0.08%
TDY	B	0.02%	0.17%	0.02%
TER	F	0.02%	0.01%	0.01%
TFC	B	0.07%	0.03%	0.03%
TGT	F	0.08%	0.17%	0.08%
TJX	A	0.15%	0.2%	0.15%
TMO	F	0.22%	0.66%	0.22%
TMUS	A	0.13%	0.76%	0.13%
TRGP	B	0.05%	0.06%	0.05%
TRV	B	0.06%	0.11%	0.06%
TSLA	B	0.93%	1.59%	0.93%
TSN	B	0.02%	0.03%	0.02%
TT	B	0.1%	0.14%	0.1%
TXN	D	0.2%	0.46%	0.2%
UAL	B	0.03%	0.05%	0.03%
UBER	D	0.16%	0.44%	0.16%
ULTA	F	0.02%	0.02%	0.02%
UNH	B	0.59%	1.2%	0.59%
USB	A	0.08%	0.08%	0.08%
V	A	0.56%	1.1%	0.56%
VLO	C	0.05%	0.07%	0.05%
VLTO	C	0.03%	0.0%	0.0%
VMC	B	0.04%	0.14%	0.04%
VRSK	A	0.04%	0.11%	0.04%
VRTX	D	0.13%	0.18%	0.13%
VST	B	0.05%	0.08%	0.05%
VTRS	B	0.02%	0.01%	0.01%
VZ	B	0.19%	0.07%	0.07%
WDC	C	0.02%	0.11%	0.02%
WELL	C	0.08%	0.21%	0.08%
WFC	A	0.27%	0.37%	0.27%
WM	A	0.09%	0.13%	0.09%
WMB	B	0.07%	0.07%	0.07%
WMT	B	0.4%	0.76%	0.4%
WY	D	0.02%	0.02%	0.02%
WYNN	D	0.01%	0.11%	0.01%
XEL	A	0.04%	0.23%	0.04%
XOM	C	0.58%	1.12%	0.58%
XYL	D	0.03%	0.01%	0.01%
YUM	B	0.04%	0.02%	0.02%
ZBH	C	0.02%	0.2%	0.02%
ZBRA	A	0.02%	0.15%	0.02%
ZTS	D	0.09%	0.09%	0.09%

PHDG Overweight 206 Positions Relative to TSPA

Symbol	Grade	Weight
ETN	A	0.16%
UNP	C	0.15%
PLTR	B	0.13%
ADP	B	0.13%
PH	A	0.1%
UPS	C	0.1%
CME	A	0.09%
AON	A	0.09%
MSI	C	0.09%
PYPL	A	0.09%
COF	B	0.08%
APD	A	0.08%
MMM	D	0.08%
ITW	A	0.08%
PCAR	B	0.07%
ECL	D	0.07%
OKE	C	0.07%
AJG	A	0.07%
GWW	A	0.06%
DLR	A	0.06%
AMP	B	0.06%
AFL	B	0.06%
URI	B	0.06%
BKR	C	0.05%
PEG	A	0.05%
AXON	B	0.05%
PRU	A	0.05%
NEM	F	0.05%
PAYX	B	0.05%
FAST	B	0.05%
PWR	A	0.05%
DHI	D	0.05%
FIS	D	0.05%
O	D	0.05%
AEP	D	0.05%
VICI	C	0.04%
ED	D	0.04%
IRM	C	0.04%
RMD	C	0.04%
OXY	F	0.04%
WAB	B	0.04%
DD	D	0.04%
NUE	D	0.04%
MTB	B	0.04%
HPQ	B	0.04%
MLM	B	0.04%
GLW	B	0.04%
ACGL	D	0.04%
GEHC	F	0.04%
A	D	0.04%
CHTR	C	0.04%
DELL	C	0.04%
KR	A	0.04%
CTVA	B	0.04%
OTIS	C	0.04%
CTSH	B	0.04%
LEN	C	0.04%
CINF	A	0.03%
RF	B	0.03%
CDW	F	0.03%
NTAP	C	0.03%
CCL	B	0.03%
WST	C	0.03%
DTE	C	0.03%
SW	B	0.03%
EQR	B	0.03%
ADM	F	0.03%
SYF	A	0.03%
AWK	D	0.03%
BRO	B	0.03%
GDDY	B	0.03%
TYL	A	0.03%
VTR	D	0.03%
CHD	B	0.03%
HSY	F	0.03%
TROW	A	0.03%
PHM	C	0.03%
DECK	A	0.03%
HPE	B	0.03%
STT	A	0.03%
PPG	D	0.03%
TTWO	B	0.03%
ANSS	B	0.03%
RJF	A	0.03%
TSCO	C	0.03%
WEC	A	0.03%
CNC	F	0.03%
DOW	F	0.03%
EIX	A	0.03%
WTW	B	0.03%
NDAQ	A	0.03%
GRMN	A	0.03%
EPAM	C	0.02%
NDSN	B	0.02%
ROL	B	0.02%
FFIV	A	0.02%
RVTY	D	0.02%
JBL	C	0.02%
AMCR	D	0.02%
DOC	C	0.02%
L	B	0.02%
LNT	A	0.02%
VRSN	F	0.02%
ALGN	D	0.02%
EG	C	0.02%
TXT	D	0.02%
MRO	B	0.02%
AVY	D	0.02%
BAX	F	0.02%
ARE	D	0.02%
EXPD	C	0.02%
GPC	D	0.02%
MAS	C	0.02%
TRMB	B	0.02%
PNR	B	0.02%
J	F	0.02%
WRB	A	0.02%
BBY	D	0.02%
PODD	B	0.02%
PFG	C	0.02%
MAA	B	0.02%
CTRA	B	0.02%
SNA	A	0.02%
MKC	D	0.02%
NRG	C	0.02%
INVH	D	0.02%
DRI	B	0.02%
LH	B	0.02%
LYV	A	0.02%
STX	D	0.02%
OMC	C	0.02%
CFG	B	0.02%
BLDR	C	0.02%
NTRS	A	0.02%
LYB	F	0.02%
STE	F	0.02%
ES	D	0.02%
WBD	C	0.02%
WAT	B	0.02%
LDOS	D	0.02%
EXPE	B	0.02%
IFF	D	0.02%
PTC	A	0.02%
FOX	B	0.01%
QRVO	F	0.01%
WBA	D	0.01%
BEN	C	0.01%
PARA	C	0.01%
FMC	D	0.01%
DVA	B	0.01%
MHK	D	0.01%
BWA	C	0.01%
IVZ	B	0.01%
CE	F	0.01%
MTCH	F	0.01%
HAS	D	0.01%
APA	F	0.01%
HSIC	B	0.01%
CZR	D	0.01%
RL	B	0.01%
FRT	A	0.01%
ENPH	F	0.01%
MGM	F	0.01%
AOS	D	0.01%
HRL	D	0.01%
TFX	F	0.01%
SMCI	D	0.01%
SOLV	C	0.01%
GL	C	0.01%
AES	F	0.01%
MKTX	D	0.01%
ERIE	D	0.01%
LKQ	D	0.01%
PNW	B	0.01%
CTLT	B	0.01%
FOXA	C	0.01%
IPG	C	0.01%
PAYC	A	0.01%
TAP	C	0.01%
NWSA	B	0.01%
AIZ	B	0.01%
GNRC	B	0.01%
TECH	C	0.01%
LW	C	0.01%
BXP	D	0.01%
SJM	D	0.01%
EMN	D	0.01%
UHS	D	0.01%
ALB	C	0.01%
DAY	A	0.01%
KMX	B	0.01%
HST	C	0.01%
ALLE	D	0.01%
INCY	C	0.01%
BG	F	0.01%
JKHY	D	0.01%
JNPR	F	0.01%
CHRW	C	0.01%
CAG	D	0.01%
DLTR	D	0.01%
TPR	A	0.01%
UDR	B	0.01%
AKAM	F	0.01%
SWKS	F	0.01%
POOL	C	0.01%
NWS	B	0.0%

PHDG Underweight 49 Positions Relative to TSPA

Symbol	Grade	Weight
CRBG	B	-0.2%
NVO	F	-0.17%
VOYA	B	-0.17%
SAIA	C	-0.16%
MRVL	B	-0.16%
RNR	C	-0.16%
THC	D	-0.15%
REXR	F	-0.14%
TW	B	-0.13%
ENTG	D	-0.12%
ARES	B	-0.12%
BURL	B	-0.11%
WCN	A	-0.11%
WFG	C	-0.11%
WING	F	-0.08%
ICLR	F	-0.08%
EQH	B	-0.08%
RGEN	D	-0.08%
SITE	C	-0.07%
AZN	F	-0.07%
APO	A	-0.07%
SUI	D	-0.07%
LPLA	B	-0.06%
PSTG	D	-0.06%
SPOT	B	-0.06%
DT	C	-0.06%
WAL	B	-0.05%
SHOP	B	-0.05%
AXS	A	-0.05%
ESAB	B	-0.05%
BGNE	D	-0.05%
VRT	B	-0.05%
CUBE	D	-0.04%
ZS	C	-0.04%
TPG	B	-0.04%
BPOP	B	-0.04%
AMH	C	-0.04%
SNY	F	-0.04%
BAH	F	-0.03%
ST	F	-0.02%
BBWI	C	-0.02%
ELAN	F	-0.02%
CNI	D	-0.02%
RPM	A	-0.02%
EWBC	B	-0.02%
ALLY	C	-0.02%
WDAY	C	-0.02%
LSCC	D	-0.01%
RIVN	D	-0.01%