PHEQ vs. AFLG ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to Active Factor Large Cap ETF (AFLG)

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

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.73

Average Daily Volume

35,934

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	AFLG
30 Days	1.99%	4.50%
60 Days	3.02%	5.60%
90 Days	3.86%	7.89%
12 Months	16.61%	37.65%

80 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in AFLG	Overlap
AAPL	C	6.85%	7.06%	6.85%
ABBV	D	0.85%	0.82%	0.82%
ADBE	C	0.48%	0.31%	0.31%
ALNY	D	0.13%	0.21%	0.13%
AMCR	D	0.21%	0.04%	0.04%
AMZN	C	4.1%	1.78%	1.78%
AVB	B	0.35%	0.05%	0.05%
AVGO	D	1.71%	1.27%	1.27%
AXP	A	0.57%	0.41%	0.41%
BAH	F	0.12%	0.17%	0.12%
BKNG	A	0.39%	0.28%	0.28%
BLDR	D	0.08%	0.33%	0.08%
BMY	B	0.48%	0.58%	0.48%
BRK.A	B	1.42%	1.57%	1.42%
BRO	B	0.31%	0.3%	0.3%
CAT	B	0.55%	0.56%	0.55%
CFG	B	0.26%	0.27%	0.26%
COR	B	0.3%	0.57%	0.3%
COST	B	1.07%	0.9%	0.9%
CRM	B	0.63%	0.59%	0.59%
CSCO	B	0.79%	0.44%	0.44%
CSL	C	0.18%	0.39%	0.18%
CTAS	B	0.42%	0.7%	0.42%
CVX	A	0.84%	0.45%	0.45%
DASH	A	0.13%	0.06%	0.06%
DELL	C	0.14%	0.14%	0.14%
DVN	F	0.17%	0.29%	0.17%
EQR	B	0.32%	0.1%	0.1%
ESS	B	0.19%	0.05%	0.05%
FE	C	0.24%	0.52%	0.24%
GOOGL	C	2.28%	2.04%	2.04%
HIG	B	0.33%	1.11%	0.33%
HWM	A	0.36%	0.46%	0.36%
IBKR	A	0.11%	0.39%	0.11%
IBM	C	0.56%	0.44%	0.44%
JNJ	D	1.04%	0.7%	0.7%
KLAC	D	0.34%	0.1%	0.1%
KMB	D	0.33%	0.05%	0.05%
KO	D	0.77%	0.33%	0.33%
L	A	0.24%	0.18%	0.18%
LH	C	0.31%	0.09%	0.09%
LII	A	0.25%	0.25%	0.25%
LLY	F	1.39%	0.42%	0.42%
LMT	D	0.58%	0.34%	0.34%
LOW	D	0.57%	0.31%	0.31%
LYB	F	0.22%	0.07%	0.07%
MA	C	1.14%	0.21%	0.21%
MAA	B	0.27%	0.47%	0.27%
META	D	2.66%	1.8%	1.8%
MMM	D	0.44%	0.55%	0.44%
MOH	F	0.14%	0.08%	0.08%
MRK	F	0.69%	0.62%	0.62%
MSFT	F	6.55%	4.6%	4.6%
NFLX	A	0.8%	0.91%	0.8%
NVDA	C	7.12%	5.45%	5.45%
PFG	D	0.2%	0.04%	0.04%
PG	A	1.09%	0.84%	0.84%
PHM	D	0.3%	0.52%	0.3%
PINS	D	0.03%	0.04%	0.03%
PPG	F	0.18%	0.19%	0.18%
PPL	B	0.34%	0.05%	0.05%
PRU	A	0.37%	0.09%	0.09%
QCOM	F	0.33%	0.88%	0.33%
RMD	C	0.24%	0.1%	0.1%
ROST	C	0.32%	0.04%	0.04%
SCCO	F	0.07%	0.11%	0.07%
SSNC	B	0.21%	0.09%	0.09%
STLD	B	0.11%	0.47%	0.11%
SYF	B	0.27%	0.29%	0.27%
T	A	0.68%	0.18%	0.18%
TMUS	B	0.51%	0.35%	0.35%
TRGP	B	0.46%	0.36%	0.36%
ULTA	F	0.23%	0.14%	0.14%
UNH	C	1.37%	0.27%	0.27%
V	A	1.28%	0.3%	0.3%
VRT	B	0.1%	0.16%	0.1%
WMT	A	0.96%	0.61%	0.61%
WSM	B	0.02%	0.41%	0.02%
XOM	B	1.4%	0.74%	0.74%
ZM	B	0.18%	0.23%	0.18%

PHEQ Overweight 123 Positions Relative to AFLG

Symbol	Grade	Weight
TSLA	B	1.91%
GOOG	C	1.9%
JPM	A	1.73%
HD	A	1.15%
BAC	A	0.98%
ORCL	B	0.73%
PEP	F	0.72%
WFC	A	0.67%
LIN	D	0.67%
NOW	A	0.61%
ABT	B	0.6%
TMO	F	0.59%
TXN	C	0.59%
ISRG	A	0.58%
DIS	B	0.57%
UNP	C	0.52%
AMD	F	0.51%
MDT	D	0.51%
KKR	A	0.46%
AMGN	D	0.45%
DE	A	0.44%
WM	A	0.44%
ETR	B	0.4%
TRV	B	0.39%
DAL	C	0.39%
MS	A	0.39%
PLTR	B	0.36%
VRTX	F	0.36%
SCHW	B	0.35%
K	A	0.34%
RSG	A	0.34%
LNT	A	0.33%
DOV	A	0.33%
YUM	B	0.33%
OTIS	C	0.33%
EXR	D	0.32%
BA	F	0.32%
MU	D	0.31%
CMS	C	0.31%
HBAN	A	0.31%
DTE	C	0.31%
PANW	C	0.3%
DRI	B	0.3%
AEE	A	0.3%
APO	B	0.3%
UBER	D	0.29%
DOC	D	0.29%
LRCX	F	0.29%
CNP	B	0.28%
AME	A	0.28%
PYPL	B	0.28%
MRVL	B	0.25%
MELI	D	0.25%
ARES	A	0.25%
GLW	B	0.25%
MRO	B	0.24%
NDAQ	A	0.24%
URI	B	0.24%
JBHT	C	0.24%
FANG	D	0.24%
MKL	A	0.23%
NEM	D	0.23%
EXPD	D	0.23%
LNG	B	0.22%
HEI	B	0.22%
WRB	A	0.21%
REGN	F	0.21%
ARE	D	0.21%
LULU	C	0.21%
MSTR	C	0.2%
SPOT	B	0.19%
TTD	B	0.18%
WBD	C	0.18%
CPB	D	0.18%
CRWD	B	0.17%
CAG	D	0.17%
IFF	D	0.16%
AKAM	D	0.16%
HAL	C	0.16%
ABNB	C	0.15%
APTV	D	0.14%
NDSN	B	0.14%
HEI	B	0.14%
ZBH	C	0.14%
ON	D	0.14%
HUBS	A	0.14%
MGM	D	0.13%
WDAY	B	0.13%
HUBB	B	0.13%
DDOG	A	0.13%
FCNCA	A	0.13%
SQ	B	0.12%
RBLX	C	0.12%
COIN	C	0.12%
TW	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%
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%
CE	F	0.05%
OWL	A	0.05%
ILMN	D	0.05%
OKTA	C	0.04%
WLK	D	0.04%
BSY	D	0.04%
RPRX	D	0.04%
CPNG	D	0.03%
SIRI	C	0.03%
ENPH	F	0.03%
RKT	F	0.03%
WMG	C	0.02%
MRNA	F	0.01%

PHEQ Underweight 168 Positions Relative to AFLG

Symbol	Grade	Weight
APP	B	-1.29%
VST	B	-1.26%
MO	A	-0.99%
UHS	D	-0.89%
NRG	B	-0.81%
FICO	B	-0.8%
RL	B	-0.79%
AFL	B	-0.75%
BK	A	-0.73%
PGR	A	-0.73%
EME	C	-0.68%
BSX	B	-0.68%
ELV	F	-0.67%
RS	B	-0.66%
SNA	A	-0.63%
NTAP	C	-0.63%
CEG	D	-0.62%
FFIV	B	-0.6%
CL	D	-0.58%
APH	A	-0.58%
SPG	B	-0.58%
PEG	A	-0.57%
GILD	C	-0.57%
GDDY	A	-0.55%
ETN	A	-0.55%
CMCSA	B	-0.55%
FOXA	B	-0.55%
MCK	B	-0.53%
ECL	D	-0.52%
CMI	A	-0.51%
MAS	D	-0.5%
VZ	C	-0.49%
HPQ	B	-0.49%
TT	A	-0.49%
BBY	D	-0.47%
NVR	D	-0.47%
TPR	B	-0.47%
KR	B	-0.47%
CTSH	B	-0.45%
VICI	C	-0.44%
GLPI	C	-0.42%
CF	B	-0.42%
CNA	B	-0.42%
GRMN	B	-0.41%
ICE	C	-0.4%
PCAR	B	-0.39%
MSI	B	-0.39%
HSIC	B	-0.39%
WAB	B	-0.38%
CBOE	B	-0.38%
TJX	A	-0.38%
AOS	F	-0.38%
NUE	C	-0.37%
HST	C	-0.37%
HLT	A	-0.36%
PKG	A	-0.36%
FIS	C	-0.36%
RHI	B	-0.36%
OC	A	-0.36%
PM	B	-0.35%
AMAT	F	-0.34%
IP	B	-0.34%
WELL	A	-0.32%
CMG	B	-0.32%
EA	A	-0.32%
DHI	D	-0.32%
LEN	D	-0.32%
VLO	C	-0.31%
EVRG	A	-0.29%
RF	A	-0.29%
WU	D	-0.29%
AIG	B	-0.28%
VSCO	B	-0.28%
DECK	A	-0.28%
OGN	D	-0.27%
MANH	D	-0.25%
SOLV	C	-0.25%
MTCH	D	-0.25%
ED	D	-0.25%
ERIE	D	-0.24%
FDX	B	-0.24%
EIX	B	-0.23%
CME	A	-0.23%
PH	A	-0.23%
KEYS	A	-0.22%
INCY	C	-0.22%
ACN	C	-0.22%
VRSN	F	-0.21%
VTR	C	-0.21%
WPC	D	-0.21%
EXPE	B	-0.21%
NWSA	B	-0.2%
GWW	B	-0.2%
TROW	B	-0.2%
SWKS	F	-0.2%
SHW	A	-0.19%
CNC	D	-0.19%
CVS	D	-0.18%
JBL	B	-0.18%
HUM	C	-0.17%
BEN	C	-0.17%
AZO	C	-0.17%
ACGL	D	-0.17%
TOL	B	-0.16%
AMP	A	-0.16%
GL	B	-0.16%
AIZ	A	-0.16%
LKQ	D	-0.16%
CI	F	-0.15%
EG	C	-0.15%
CPT	B	-0.15%
GE	D	-0.15%
SYK	C	-0.15%
MPC	D	-0.13%
BBWI	D	-0.13%
ANET	C	-0.13%
LDOS	C	-0.13%
SO	D	-0.13%
IT	C	-0.12%
FI	A	-0.12%
CAH	B	-0.11%
RPM	A	-0.11%
GEN	B	-0.1%
VTRS	A	-0.1%
EBAY	D	-0.1%
KHC	F	-0.1%
ETSY	D	-0.09%
PSX	C	-0.09%
CRBG	B	-0.09%
BLK	C	-0.09%
ALL	A	-0.08%
TPL	A	-0.08%
J	F	-0.08%
DXC	B	-0.08%
SPGI	C	-0.08%
BG	F	-0.07%
IPG	D	-0.07%
CVNA	B	-0.07%
TXT	D	-0.07%
ROL	B	-0.06%
SNPS	B	-0.06%
DINO	D	-0.06%
WSO	A	-0.06%
ADM	D	-0.06%
ZION	B	-0.06%
ORLY	B	-0.06%
UDR	B	-0.05%
NXPI	D	-0.05%
DPZ	C	-0.05%
WTW	B	-0.05%
QRVO	F	-0.05%
MCO	B	-0.05%
EPAM	C	-0.05%
CDNS	B	-0.05%
STT	A	-0.05%
PSA	D	-0.05%
HOLX	D	-0.04%
IVZ	B	-0.04%
MET	A	-0.04%
DKS	C	-0.04%
UTHR	C	-0.04%
MOS	F	-0.03%
CDW	F	-0.03%
WBA	F	-0.03%
BWA	D	-0.03%
ALLE	D	-0.01%
EQH	B	-0.0%
TDG	D	-0.0%