PHDG vs. VMAX ETF Comparison

Comparison of PowerShares S&P 500 Downside Hedged Portfolio (PHDG) to Hartford US Value ETF (VMAX)

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

$38.27

Average Daily Volume

12,398

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

VMAX

Hartford US Value ETF

VMAX Description

The fund generally invests at least 80% of its assets in securities of the index and in depositary receipts representing securities of the index.

Grade (RS Rating)

Last Trade

$51.37

Average Daily Volume

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

Performance

Period	PHDG	VMAX
30 Days	-1.45%	3.35%
60 Days	1.30%	4.23%
90 Days	1.18%	5.95%
12 Months	18.05%

106 Overlapping Holdings

Symbol	Grade	Weight in PHDG	Weight in VMAX	Overlap
AAPL	C	3.74%	0.34%	0.34%
AEP	C	0.05%	0.08%	0.05%
AMAT	F	0.17%	0.16%	0.16%
AMT	C	0.1%	0.63%	0.1%
APA	D	0.01%	0.91%	0.01%
AXP	A	0.17%	0.27%	0.17%
BAC	A	0.33%	1.26%	0.33%
BBY	D	0.02%	1.29%	0.02%
BK	A	0.06%	1.22%	0.06%
BKNG	A	0.18%	0.01%	0.01%
BLDR	D	0.02%	0.93%	0.02%
BRK.A	B	0.92%	0.92%	0.92%
C	A	0.14%	1.89%	0.14%
CAT	B	0.2%	0.7%	0.2%
CB	C	0.12%	0.66%	0.12%
CCI	C	0.05%	0.07%	0.05%
CFG	B	0.02%	0.21%	0.02%
CINF	A	0.03%	1.01%	0.03%
CMCSA	B	0.18%	0.13%	0.13%
CMI	A	0.05%	0.14%	0.05%
COF	C	0.08%	0.62%	0.08%
COP	C	0.14%	0.83%	0.14%
CSCO	B	0.25%	0.27%	0.25%
CTAS	B	0.08%	0.52%	0.08%
CTSH	B	0.04%	0.14%	0.04%
CVS	D	0.07%	1.76%	0.07%
CVX	A	0.3%	0.75%	0.3%
DELL	B	0.04%	0.77%	0.04%
DTE	C	0.03%	0.26%	0.03%
DUK	C	0.09%	0.92%	0.09%
DVN	F	0.03%	0.81%	0.03%
EG	C	0.02%	0.03%	0.02%
ELV	F	0.1%	1.12%	0.1%
EOG	A	0.08%	2.03%	0.08%
EQIX	A	0.09%	0.49%	0.09%
ETR	B	0.03%	0.96%	0.03%
EXC	C	0.04%	0.11%	0.04%
FANG	C	0.04%	0.03%	0.03%
FDX	B	0.07%	1.16%	0.07%
FITB	B	0.03%	0.83%	0.03%
GILD	C	0.12%	0.85%	0.12%
GOOGL	C	1.11%	1.2%	1.11%
GS	A	0.2%	0.47%	0.2%
GWW	B	0.06%	0.47%	0.06%
HBAN	A	0.03%	0.7%	0.03%
HCA	F	0.07%	0.71%	0.07%
HD	B	0.43%	0.32%	0.32%
HPE	B	0.03%	0.98%	0.03%
HPQ	B	0.04%	1.93%	0.04%
HUM	C	0.04%	0.61%	0.04%
IBM	C	0.21%	0.07%	0.07%
IRM	C	0.04%	0.85%	0.04%
ITW	B	0.08%	0.43%	0.08%
JKHY	D	0.01%	0.27%	0.01%
JNJ	C	0.39%	0.96%	0.39%
JPM	A	0.74%	1.34%	0.74%
KR	B	0.04%	1.18%	0.04%
LLY	F	0.67%	0.18%	0.18%
LOW	C	0.17%	0.58%	0.17%
MA	B	0.46%	1.35%	0.46%
MCO	B	0.08%	1.24%	0.08%
META	D	1.36%	1.36%	1.36%
MO	A	0.1%	0.65%	0.1%
MPC	D	0.06%	1.32%	0.06%
MRK	D	0.27%	0.24%	0.24%
MS	A	0.18%	0.2%	0.18%
MSCI	C	0.05%	0.23%	0.05%
MTB	A	0.04%	1.87%	0.04%
NEE	C	0.17%	0.68%	0.17%
NRG	B	0.02%	1.5%	0.02%
NTAP	C	0.03%	0.42%	0.03%
NUE	C	0.04%	0.3%	0.04%
NVDA	B	3.89%	0.99%	0.99%
NXPI	D	0.06%	0.16%	0.06%
PGR	A	0.16%	0.12%	0.12%
PHM	D	0.03%	0.22%	0.03%
PNC	B	0.09%	1.29%	0.09%
PRU	A	0.05%	0.39%	0.05%
PSX	C	0.06%	0.46%	0.06%
PYPL	B	0.09%	1.09%	0.09%
QCOM	F	0.2%	0.66%	0.2%
RF	A	0.03%	1.13%	0.03%
SBAC	D	0.03%	0.27%	0.03%
SHW	B	0.1%	0.88%	0.1%
SO	C	0.1%	0.86%	0.1%
SPG	A	0.06%	0.5%	0.06%
STLD	B	0.02%	1.51%	0.02%
STT	B	0.03%	1.31%	0.03%
SW	A	0.03%	0.47%	0.03%
SYF	B	0.03%	1.39%	0.03%
T	A	0.17%	1.49%	0.17%
TGT	F	0.08%	1.21%	0.08%
TJX	A	0.15%	0.25%	0.15%
TMUS	B	0.13%	0.43%	0.13%
TROW	B	0.03%	1.05%	0.03%
UNH	B	0.59%	0.8%	0.59%
USB	A	0.08%	1.46%	0.08%
V	A	0.56%	0.65%	0.56%
VICI	C	0.04%	0.78%	0.04%
VLO	C	0.05%	1.42%	0.05%
VZ	C	0.19%	1.1%	0.19%
WFC	A	0.27%	1.82%	0.27%
WMT	A	0.4%	0.68%	0.4%
WY	F	0.02%	0.11%	0.02%
XEL	A	0.04%	0.18%	0.04%
XOM	B	0.58%	0.91%	0.58%

PHDG Overweight 393 Positions Relative to VMAX

Symbol	Grade	Weight
MSFT	D	3.42%
AMZN	C	2.13%
TSLA	B	0.93%
GOOG	C	0.92%
AVGO	D	0.86%
COST	A	0.44%
PG	C	0.42%
NFLX	A	0.39%
CRM	B	0.35%
ORCL	A	0.32%
ABBV	F	0.32%
KO	D	0.26%
ADBE	C	0.25%
AMD	F	0.24%
PEP	F	0.24%
ACN	B	0.24%
MCD	D	0.23%
NOW	A	0.23%
LIN	C	0.23%
ABT	B	0.22%
TMO	F	0.22%
ISRG	A	0.21%
GE	D	0.21%
INTU	B	0.21%
DIS	B	0.21%
PM	B	0.21%
TXN	C	0.2%
SPGI	C	0.18%
DHR	F	0.17%
RTX	D	0.17%
AMGN	F	0.17%
ETN	A	0.16%
BLK	B	0.16%
PFE	F	0.16%
UBER	F	0.16%
HON	C	0.16%
UNP	C	0.15%
PANW	B	0.14%
BSX	A	0.14%
BX	A	0.14%
SYK	B	0.14%
BMY	B	0.13%
PLTR	B	0.13%
SCHW	B	0.13%
FI	A	0.13%
ADP	A	0.13%
VRTX	D	0.13%
INTC	C	0.12%
MMC	B	0.12%
MU	D	0.12%
MDT	D	0.12%
SBUX	A	0.12%
LMT	D	0.12%
LRCX	F	0.11%
ANET	C	0.11%
BA	F	0.11%
DE	B	0.11%
KKR	A	0.11%
ADI	D	0.11%
PLD	F	0.11%
PH	A	0.1%
GEV	B	0.1%
ICE	C	0.1%
CI	D	0.1%
NKE	F	0.1%
TT	A	0.1%
UPS	C	0.1%
ZTS	D	0.09%
MCK	A	0.09%
CRWD	B	0.09%
CME	B	0.09%
WM	B	0.09%
AON	A	0.09%
CMG	B	0.09%
MSI	B	0.09%
REGN	F	0.09%
CDNS	B	0.09%
SNPS	B	0.09%
KLAC	F	0.09%
APH	A	0.09%
MDLZ	F	0.09%
APD	A	0.08%
CEG	C	0.08%
ORLY	B	0.08%
TDG	D	0.08%
MMM	D	0.08%
EMR	B	0.08%
CL	D	0.08%
GD	D	0.08%
WELL	A	0.08%
PCAR	B	0.07%
ROP	B	0.07%
HLT	A	0.07%
SLB	C	0.07%
TFC	A	0.07%
FCX	F	0.07%
ECL	D	0.07%
CARR	C	0.07%
OKE	A	0.07%
AJG	A	0.07%
GM	C	0.07%
BDX	F	0.07%
MAR	A	0.07%
ADSK	A	0.07%
WMB	A	0.07%
NOC	D	0.07%
CSX	C	0.07%
ALL	A	0.06%
KMI	A	0.06%
PSA	C	0.06%
AZO	C	0.06%
DLR	B	0.06%
RCL	A	0.06%
AMP	A	0.06%
AFL	B	0.06%
URI	C	0.06%
FICO	B	0.06%
JCI	B	0.06%
SRE	A	0.06%
TRV	B	0.06%
ABNB	C	0.06%
NSC	B	0.06%
FTNT	C	0.06%
TRGP	A	0.05%
ODFL	C	0.05%
COR	B	0.05%
RSG	A	0.05%
BKR	A	0.05%
F	C	0.05%
PEG	A	0.05%
AXON	A	0.05%
DFS	B	0.05%
KMB	C	0.05%
PCG	A	0.05%
AME	A	0.05%
KVUE	A	0.05%
HWM	A	0.05%
NEM	D	0.05%
PAYX	B	0.05%
FAST	B	0.05%
LHX	C	0.05%
D	C	0.05%
ROST	D	0.05%
VST	A	0.05%
PWR	A	0.05%
DHI	F	0.05%
FIS	C	0.05%
MET	A	0.05%
AIG	B	0.05%
O	C	0.05%
CPRT	B	0.05%
ROK	C	0.04%
ED	C	0.04%
RMD	C	0.04%
OXY	D	0.04%
HIG	B	0.04%
WAB	B	0.04%
EXR	C	0.04%
DD	C	0.04%
IDXX	F	0.04%
IQV	F	0.04%
MCHP	F	0.04%
GIS	D	0.04%
MLM	C	0.04%
GLW	B	0.04%
SYY	D	0.04%
VMC	B	0.04%
ACGL	C	0.04%
KDP	F	0.04%
GEHC	D	0.04%
STZ	D	0.04%
A	D	0.04%
LULU	C	0.04%
CHTR	C	0.04%
YUM	D	0.04%
MNST	C	0.04%
EA	A	0.04%
CTVA	C	0.04%
CBRE	B	0.04%
EW	C	0.04%
OTIS	C	0.04%
HES	B	0.04%
VRSK	A	0.04%
LEN	D	0.04%
IT	C	0.04%
IR	B	0.04%
DAL	B	0.04%
HUBB	B	0.03%
AEE	A	0.03%
BIIB	F	0.03%
CDW	F	0.03%
PPL	A	0.03%
CCL	A	0.03%
WST	C	0.03%
EQR	C	0.03%
ADM	D	0.03%
VLTO	C	0.03%
EQT	B	0.03%
AWK	C	0.03%
CPAY	A	0.03%
BRO	B	0.03%
GDDY	A	0.03%
TYL	B	0.03%
VTR	B	0.03%
MTD	F	0.03%
CHD	A	0.03%
HSY	F	0.03%
FTV	C	0.03%
BR	A	0.03%
HAL	C	0.03%
KEYS	A	0.03%
DECK	A	0.03%
DOV	A	0.03%
KHC	F	0.03%
MPWR	F	0.03%
ON	D	0.03%
NVR	D	0.03%
PPG	F	0.03%
GPN	B	0.03%
CAH	B	0.03%
TTWO	A	0.03%
XYL	D	0.03%
ANSS	B	0.03%
RJF	A	0.03%
TSCO	D	0.03%
DXCM	C	0.03%
UAL	A	0.03%
WEC	A	0.03%
EBAY	D	0.03%
CSGP	D	0.03%
CNC	D	0.03%
DOW	F	0.03%
EIX	B	0.03%
WTW	B	0.03%
NDAQ	A	0.03%
EFX	F	0.03%
AVB	B	0.03%
GRMN	B	0.03%
EPAM	B	0.02%
NDSN	B	0.02%
ROL	B	0.02%
FFIV	B	0.02%
RVTY	F	0.02%
APTV	F	0.02%
EVRG	A	0.02%
JBL	C	0.02%
AMCR	C	0.02%
JBHT	C	0.02%
DOC	C	0.02%
VTRS	A	0.02%
L	A	0.02%
EL	F	0.02%
LNT	A	0.02%
DPZ	C	0.02%
CF	A	0.02%
VRSN	C	0.02%
ALGN	D	0.02%
TXT	D	0.02%
MRO	B	0.02%
AVY	F	0.02%
NI	A	0.02%
BAX	F	0.02%
GEN	B	0.02%
KIM	A	0.02%
ARE	F	0.02%
DG	F	0.02%
EXPD	C	0.02%
LVS	B	0.02%
GPC	D	0.02%
MAS	D	0.02%
TRMB	B	0.02%
TER	F	0.02%
IEX	C	0.02%
DGX	A	0.02%
PNR	A	0.02%
J	D	0.02%
KEY	B	0.02%
WRB	A	0.02%
MOH	F	0.02%
HOLX	D	0.02%
ULTA	F	0.02%
TSN	B	0.02%
PODD	C	0.02%
PFG	D	0.02%
MAA	B	0.02%
CTRA	B	0.02%
BALL	F	0.02%
SNA	A	0.02%
MKC	C	0.02%
FDS	B	0.02%
INVH	D	0.02%
ESS	B	0.02%
LUV	C	0.02%
CNP	A	0.02%
IP	A	0.02%
DRI	B	0.02%
LH	B	0.02%
CMS	C	0.02%
LYV	A	0.02%
ZBRA	B	0.02%
STX	C	0.02%
OMC	C	0.02%
CLX	A	0.02%
WDC	D	0.02%
CBOE	C	0.02%
FSLR	F	0.02%
FE	C	0.02%
PKG	A	0.02%
NTRS	A	0.02%
LYB	F	0.02%
K	A	0.02%
STE	D	0.02%
ES	C	0.02%
WBD	B	0.02%
ZBH	C	0.02%
TDY	B	0.02%
WAT	C	0.02%
ATO	A	0.02%
LDOS	C	0.02%
EXPE	B	0.02%
IFF	D	0.02%
PTC	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%
CE	F	0.01%
MTCH	D	0.01%
HAS	D	0.01%
MOS	F	0.01%
HSIC	C	0.01%
CZR	F	0.01%
RL	C	0.01%
FRT	B	0.01%
ENPH	F	0.01%
MGM	D	0.01%
WYNN	C	0.01%
AOS	F	0.01%
CPB	D	0.01%
HRL	D	0.01%
TFX	F	0.01%
SMCI	F	0.01%
SOLV	D	0.01%
GL	C	0.01%
AES	F	0.01%
MKTX	D	0.01%
CRL	D	0.01%
ERIE	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%
LW	C	0.01%
BXP	C	0.01%
NCLH	B	0.01%
SJM	D	0.01%
EMN	C	0.01%
UHS	D	0.01%
ALB	B	0.01%
REG	A	0.01%
DAY	B	0.01%
KMX	B	0.01%
HST	C	0.01%
ALLE	C	0.01%
INCY	C	0.01%
BG	D	0.01%
JNPR	D	0.01%
CPT	B	0.01%
CHRW	B	0.01%
CAG	F	0.01%
SWK	D	0.01%
DLTR	F	0.01%
TPR	B	0.01%
UDR	B	0.01%
AKAM	D	0.01%
SWKS	F	0.01%
MRNA	F	0.01%
POOL	C	0.01%
NWS	A	0.0%

PHDG Underweight 42 Positions Relative to VMAX

Symbol	Grade	Weight
LNC	C	-1.59%
GAP	C	-1.25%
NFG	A	-1.18%
LAMR	C	-1.12%
BCC	B	-1.05%
JHG	B	-1.03%
JXN	C	-1.02%
ACI	C	-0.68%
OGN	F	-0.68%
RS	B	-0.66%
AVT	C	-0.65%
CHRD	D	-0.58%
CMC	B	-0.57%
MTG	C	-0.54%
TEX	F	-0.51%
MGY	A	-0.5%
CBT	D	-0.47%
MLI	B	-0.4%
R	B	-0.39%
UNM	A	-0.36%
RHI	C	-0.34%
BPOP	C	-0.32%
AXS	A	-0.31%
OZK	B	-0.29%
RDN	D	-0.27%
MKL	A	-0.26%
LNTH	D	-0.23%
UFPI	C	-0.22%
CRBG	B	-0.2%
M	F	-0.17%
DINO	D	-0.14%
COLB	B	-0.12%
HRB	D	-0.11%
DKS	D	-0.11%
FHN	A	-0.1%
OVV	B	-0.08%
ESNT	F	-0.05%
WFRD	D	-0.05%
CHX	C	-0.04%
SM	B	-0.02%
FCNCA	A	-0.01%
WSM	C	-0.01%