PHEQ vs. ANEW ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to ProShares MSCI Transformational Changes ETF (ANEW)

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

$29.38

Average Daily Volume

21,561

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

ANEW

ProShares MSCI Transformational Changes ETF

ANEW Description

The investment seeks investment results, before fees and expenses, that track the performance of the MSCI Global Transformational Changes Index (the index). The fund seeks to invest substantially all of its assets in the securities included in the index. The index selects companies which may benefit from transformational changes in how people work, take care of their health, and consume and connect (Transformational Changes) - changes accelerated by COVID-19.

Grade (RS Rating)

Last Trade

$45.55

Average Daily Volume

263

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	ANEW
30 Days	1.73%	0.59%
60 Days	3.05%	5.22%
90 Days	4.04%	6.46%
12 Months	17.22%	27.86%

40 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in ANEW	Overlap
AAPL	C	6.78%	2.18%	2.18%
ABBV	F	0.87%	2.31%	0.87%
ABT	C	0.6%	2.16%	0.6%
ADBE	C	0.5%	1.88%	0.5%
AKAM	F	0.17%	0.19%	0.17%
AMD	F	0.54%	0.35%	0.35%
AMZN	A	4.2%	2.01%	2.01%
AVGO	C	1.82%	1.6%	1.6%
BKNG	A	0.39%	2.29%	0.39%
COIN	B	0.13%	0.15%	0.13%
CRM	B	0.66%	0.31%	0.31%
CRWD	B	0.17%	0.15%	0.15%
CSCO	A	0.8%	0.63%	0.63%
DASH	A	0.13%	2.64%	0.13%
DE	D	0.43%	1.96%	0.43%
DKNG	B	0.08%	0.44%	0.08%
GOOGL	C	2.38%	1.62%	1.62%
IFF	F	0.16%	1.91%	0.16%
ILMN	C	0.06%	0.41%	0.06%
ISRG	A	0.59%	2.37%	0.59%
MA	B	1.15%	0.91%	0.91%
META	B	2.79%	2.27%	2.27%
MRK	F	0.7%	1.46%	0.7%
MRNA	F	0.01%	0.3%	0.01%
MSFT	C	6.62%	1.79%	1.79%
MSTR	B	0.21%	0.25%	0.21%
NET	B	0.07%	0.21%	0.07%
NFLX	A	0.79%	2.18%	0.79%
NOW	A	0.63%	0.24%	0.24%
NVDA	A	7.38%	2.7%	2.7%
OKTA	C	0.04%	0.13%	0.04%
ORCL	A	0.75%	0.55%	0.55%
PANW	B	0.3%	0.25%	0.25%
PINS	F	0.03%	0.42%	0.03%
PYPL	A	0.28%	0.22%	0.22%
QCOM	F	0.33%	0.57%	0.33%
RMD	C	0.25%	0.61%	0.25%
SNAP	C	0.05%	0.41%	0.05%
V	A	1.27%	1.0%	1.0%
WDAY	B	0.13%	0.17%	0.13%

PHEQ Overweight 163 Positions Relative to ANEW

Symbol	Grade	Weight
GOOG	C	1.99%
TSLA	B	1.94%
JPM	A	1.68%
LLY	F	1.52%
UNH	B	1.41%
BRK.A	B	1.4%
XOM	B	1.4%
HD	B	1.13%
COST	B	1.09%
PG	C	1.06%
JNJ	D	1.03%
WMT	A	0.96%
BAC	A	0.95%
CVX	A	0.8%
KO	F	0.79%
PEP	D	0.74%
LIN	D	0.67%
T	A	0.66%
WFC	A	0.65%
TMO	F	0.62%
TXN	B	0.62%
LMT	D	0.61%
LOW	B	0.57%
IBM	D	0.57%
AXP	B	0.57%
CAT	B	0.56%
TMUS	A	0.52%
UNP	D	0.52%
MDT	D	0.51%
BMY	B	0.5%
DIS	B	0.49%
AMGN	F	0.47%
KKR	B	0.47%
WM	A	0.45%
TRGP	B	0.45%
CTAS	B	0.44%
MMM	C	0.44%
ETR	B	0.4%
MS	A	0.39%
DAL	A	0.39%
VRTX	B	0.38%
TRV	B	0.38%
PRU	B	0.36%
HWM	B	0.36%
KLAC	F	0.36%
RSG	B	0.35%
SCHW	B	0.34%
K	A	0.34%
AVB	B	0.34%
DOV	A	0.33%
MU	D	0.33%
BA	F	0.33%
YUM	B	0.33%
HIG	C	0.33%
PPL	A	0.33%
OTIS	D	0.33%
LH	B	0.32%
LNT	C	0.32%
ROST	D	0.32%
PLTR	B	0.32%
KMB	D	0.32%
CMS	D	0.31%
COR	B	0.31%
HBAN	A	0.31%
LRCX	F	0.31%
DTE	D	0.31%
EXR	D	0.31%
EQR	C	0.31%
BRO	B	0.31%
DOC	C	0.3%
DRI	B	0.3%
PHM	D	0.3%
AEE	B	0.3%
APO	B	0.3%
UBER	F	0.28%
AME	A	0.28%
SYF	B	0.27%
MAA	C	0.27%
CNP	B	0.27%
ARES	B	0.26%
MRVL	B	0.26%
GLW	B	0.26%
MELI	D	0.26%
URI	B	0.25%
FANG	C	0.25%
JBHT	C	0.25%
CFG	B	0.25%
LII	B	0.25%
ULTA	C	0.24%
NDAQ	B	0.24%
EXPD	C	0.23%
NEM	F	0.23%
MRO	B	0.23%
L	A	0.23%
FE	D	0.23%
HEI	A	0.22%
LNG	B	0.22%
MKL	A	0.22%
LYB	F	0.22%
REGN	F	0.22%
AMCR	D	0.21%
SSNC	C	0.21%
ARE	F	0.21%
LULU	B	0.21%
PFG	C	0.2%
WRB	B	0.2%
CSL	B	0.19%
CPB	F	0.19%
ESS	C	0.19%
ZM	B	0.19%
TTD	B	0.19%
SPOT	A	0.18%
PPG	F	0.18%
WBD	B	0.18%
HAL	C	0.17%
DVN	F	0.17%
CAG	F	0.17%
APTV	F	0.15%
DELL	C	0.15%
ABNB	C	0.15%
ALNY	D	0.15%
MOH	F	0.15%
BAH	C	0.15%
HUBS	B	0.15%
ON	F	0.15%
ZBH	C	0.14%
HEI	A	0.14%
NDSN	B	0.14%
RBLX	B	0.13%
HUBB	C	0.13%
FCNCA	B	0.13%
SQ	B	0.12%
MGM	D	0.12%
DDOG	B	0.12%
TW	B	0.11%
IBKR	A	0.11%
STLD	C	0.11%
VEEV	B	0.11%
TRU	D	0.1%
VRT	B	0.1%
SUI	F	0.1%
ZS	B	0.09%
DOX	C	0.09%
BLDR	C	0.08%
AGR	C	0.07%
SCCO	F	0.07%
YUMC	C	0.07%
SNOW	C	0.06%
ALGN	D	0.06%
AVTR	F	0.06%
TEAM	B	0.06%
LPLA	A	0.05%
CE	F	0.05%
OWL	B	0.05%
WLK	F	0.04%
RKT	F	0.04%
RPRX	F	0.04%
BSY	F	0.04%
CPNG	B	0.03%
SIRI	C	0.03%
ENPH	F	0.03%
WSM	F	0.02%
WMG	B	0.02%

PHEQ Underweight 84 Positions Relative to ANEW

Symbol	Grade	Weight
BABA	D	-2.13%
BSX	A	-2.12%
CTVA	C	-2.03%
MKC	D	-1.99%
DHR	F	-1.76%
BDX	F	-1.15%
SFM	B	-1.13%
FMC	F	-1.08%
CNH	D	-0.98%
AGCO	F	-0.85%
AMAT	F	-0.84%
SE	B	-0.7%
EW	F	-0.68%
EA	A	-0.64%
TCOM	C	-0.64%
EBAY	C	-0.62%
TTWO	A	-0.58%
OMC	A	-0.57%
ANSS	B	-0.53%
SMG	D	-0.49%
DXCM	C	-0.46%
ZD	B	-0.45%
SMPL	B	-0.44%
NEOG	D	-0.4%
WST	B	-0.39%
SXT	B	-0.37%
DGX	B	-0.29%
DOCS	B	-0.29%
PRCT	C	-0.28%
CVLT	B	-0.26%
RARE	F	-0.25%
INSP	F	-0.25%
QTWO	B	-0.24%
FFIV	B	-0.24%
SMAR	A	-0.24%
NTRA	B	-0.24%
CCOI	C	-0.24%
BOX	A	-0.22%
GMED	B	-0.22%
ALTR	C	-0.21%
HOOD	B	-0.21%
NOVT	C	-0.21%
DOCU	B	-0.21%
VRNS	C	-0.21%
GH	B	-0.2%
PCTY	B	-0.2%
DBX	B	-0.2%
CYBR	B	-0.2%
CHKP	C	-0.2%
HPE	B	-0.2%
JNPR	D	-0.2%
GEN	B	-0.2%
DT	C	-0.2%
EQIX	B	-0.2%
TECH	D	-0.2%
BL	B	-0.19%
TWST	F	-0.19%
KTOS	B	-0.19%
QGEN	D	-0.19%
SMTC	C	-0.19%
HSIC	F	-0.19%
CRSP	D	-0.18%
NTAP	D	-0.18%
ENOV	C	-0.17%
PCOR	B	-0.17%
IRDM	B	-0.17%
AI	C	-0.17%
BLKB	C	-0.17%
NXPI	F	-0.16%
MEDP	D	-0.16%
EEFT	C	-0.16%
TENB	C	-0.16%
SLAB	F	-0.15%
RIOT	C	-0.15%
CGNX	C	-0.15%
NTNX	B	-0.15%
SYNA	C	-0.14%
IDYA	F	-0.14%
ACHC	F	-0.13%
MARA	B	-0.13%
TNDM	F	-0.13%
TMDX	F	-0.12%
CLSK	C	-0.1%
FIVN	C	-0.1%