PHEQ vs. DIVB ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to iShares U.S. Dividend and Buyback ETF (DIVB)

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

DIVB

iShares U.S. Dividend and Buyback ETF

DIVB Description

The investment seeks to track the investment results of the Morningstar® US Dividend and Buyback IndexSM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the underlying index. The underlying index is designed to provide exposure to U.S.-based companies that return capital to shareholders through either dividend payments or share buybacks.

Grade (RS Rating)

Last Trade

$50.54

Average Daily Volume

83,483

Number of Holdings ^*

433

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	DIVB
30 Days	1.99%	2.97%
60 Days	3.02%	5.27%
90 Days	3.86%	7.50%
12 Months	16.61%	35.87%

72 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in DIVB	Overlap
ABBV	D	0.85%	1.11%	0.85%
ABT	B	0.6%	0.53%	0.53%
AEE	A	0.3%	0.04%	0.04%
AGR	B	0.07%	0.01%	0.01%
AMCR	D	0.21%	0.1%	0.1%
AMGN	D	0.45%	0.42%	0.42%
ARES	A	0.25%	0.06%	0.06%
AVB	B	0.35%	0.07%	0.07%
BAC	A	0.98%	1.46%	0.98%
BMY	B	0.48%	1.07%	0.48%
CAG	D	0.17%	0.06%	0.06%
CAT	B	0.55%	1.09%	0.55%
CFG	B	0.26%	0.19%	0.19%
CMS	C	0.31%	0.04%	0.04%
CNP	B	0.28%	0.06%	0.06%
CPB	D	0.18%	0.03%	0.03%
CSCO	B	0.79%	5.34%	0.79%
CVX	A	0.84%	2.15%	0.84%
DE	A	0.44%	0.76%	0.44%
DOC	D	0.29%	0.08%	0.08%
DRI	B	0.3%	0.11%	0.11%
DTE	C	0.31%	0.02%	0.02%
DVN	F	0.17%	0.16%	0.16%
EQR	B	0.32%	0.1%	0.1%
ESS	B	0.19%	0.07%	0.07%
ETR	B	0.4%	0.05%	0.05%
EXPD	D	0.23%	0.15%	0.15%
EXR	D	0.32%	0.11%	0.11%
FANG	D	0.24%	0.23%	0.23%
FE	C	0.24%	0.08%	0.08%
GLW	B	0.25%	0.53%	0.25%
HBAN	A	0.31%	0.12%	0.12%
HD	A	1.15%	1.57%	1.15%
HIG	B	0.33%	0.21%	0.21%
IBM	C	0.56%	3.7%	0.56%
IFF	D	0.16%	0.05%	0.05%
JNJ	D	1.04%	1.39%	1.04%
JPM	A	1.73%	2.66%	1.73%
K	A	0.34%	0.06%	0.06%
KMB	D	0.33%	0.18%	0.18%
KO	D	0.77%	0.76%	0.76%
LH	C	0.31%	0.13%	0.13%
LMT	D	0.58%	0.82%	0.58%
LNT	A	0.33%	0.04%	0.04%
LOW	D	0.57%	1.03%	0.57%
LYB	F	0.22%	0.14%	0.14%
MAA	B	0.27%	0.07%	0.07%
MDT	D	0.51%	0.54%	0.51%
MMM	D	0.44%	0.3%	0.3%
MRK	F	0.69%	0.75%	0.69%
MRO	B	0.24%	0.14%	0.14%
MS	A	0.39%	1.37%	0.39%
NEM	D	0.23%	0.13%	0.13%
OWL	A	0.05%	0.05%	0.05%
PEP	F	0.72%	0.75%	0.72%
PFG	D	0.2%	0.17%	0.17%
PG	A	1.09%	1.53%	1.09%
PPG	F	0.18%	0.08%	0.08%
PPL	B	0.34%	0.08%	0.08%
PRU	A	0.37%	0.34%	0.34%
RPRX	D	0.04%	0.05%	0.04%
SIRI	C	0.03%	0.02%	0.02%
STLD	B	0.11%	0.22%	0.11%
T	A	0.68%	1.23%	0.68%
TRGP	B	0.46%	0.12%	0.12%
TRV	B	0.39%	0.27%	0.27%
TXN	C	0.59%	2.89%	0.59%
UNP	C	0.52%	0.49%	0.49%
WFC	A	0.67%	2.46%	0.67%
WMG	C	0.02%	0.01%	0.01%
XOM	B	1.4%	2.92%	1.4%
YUM	B	0.33%	0.11%	0.11%

PHEQ Overweight 131 Positions Relative to DIVB

Symbol	Grade	Weight
NVDA	C	7.12%
AAPL	C	6.85%
MSFT	F	6.55%
AMZN	C	4.1%
META	D	2.66%
GOOGL	C	2.28%
TSLA	B	1.91%
GOOG	C	1.9%
AVGO	D	1.71%
BRK.A	B	1.42%
LLY	F	1.39%
UNH	C	1.37%
V	A	1.28%
MA	C	1.14%
COST	B	1.07%
WMT	A	0.96%
NFLX	A	0.8%
ORCL	B	0.73%
LIN	D	0.67%
CRM	B	0.63%
NOW	A	0.61%
TMO	F	0.59%
ISRG	A	0.58%
DIS	B	0.57%
AXP	A	0.57%
AMD	F	0.51%
TMUS	B	0.51%
ADBE	C	0.48%
KKR	A	0.46%
WM	A	0.44%
CTAS	B	0.42%
DAL	C	0.39%
BKNG	A	0.39%
PLTR	B	0.36%
VRTX	F	0.36%
HWM	A	0.36%
SCHW	B	0.35%
KLAC	D	0.34%
RSG	A	0.34%
DOV	A	0.33%
QCOM	F	0.33%
OTIS	C	0.33%
BA	F	0.32%
ROST	C	0.32%
MU	D	0.31%
BRO	B	0.31%
PANW	C	0.3%
COR	B	0.3%
PHM	D	0.3%
APO	B	0.3%
UBER	D	0.29%
LRCX	F	0.29%
AME	A	0.28%
PYPL	B	0.28%
SYF	B	0.27%
MRVL	B	0.25%
MELI	D	0.25%
LII	A	0.25%
L	A	0.24%
NDAQ	A	0.24%
URI	B	0.24%
JBHT	C	0.24%
RMD	C	0.24%
MKL	A	0.23%
ULTA	F	0.23%
LNG	B	0.22%
HEI	B	0.22%
WRB	A	0.21%
SSNC	B	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%
ZM	B	0.18%
WBD	C	0.18%
CSL	C	0.18%
CRWD	B	0.17%
AKAM	D	0.16%
HAL	C	0.16%
ABNB	C	0.15%
MOH	F	0.14%
APTV	D	0.14%
NDSN	B	0.14%
HEI	B	0.14%
ZBH	C	0.14%
ON	D	0.14%
DELL	C	0.14%
HUBS	A	0.14%
MGM	D	0.13%
WDAY	B	0.13%
DASH	A	0.13%
HUBB	B	0.13%
DDOG	A	0.13%
ALNY	D	0.13%
FCNCA	A	0.13%
SQ	B	0.12%
RBLX	C	0.12%
BAH	F	0.12%
COIN	C	0.12%
TW	A	0.11%
IBKR	A	0.11%
VRT	B	0.1%
VEEV	C	0.1%
SUI	D	0.1%
DOX	D	0.09%
TRU	D	0.09%
BLDR	D	0.08%
ZS	C	0.08%
NET	B	0.07%
SCCO	F	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%
ILMN	D	0.05%
OKTA	C	0.04%
WLK	D	0.04%
BSY	D	0.04%
CPNG	D	0.03%
PINS	D	0.03%
ENPH	F	0.03%
RKT	F	0.03%
WSM	B	0.02%
MRNA	F	0.01%

PHEQ Underweight 361 Positions Relative to DIVB

Symbol	Grade	Weight
ACN	C	-3.52%
FIS	C	-1.8%
VZ	C	-1.53%
GS	A	-1.36%
HPQ	B	-1.28%
TEL	B	-1.14%
RTX	C	-1.04%
CTSH	B	-0.86%
PM	B	-0.85%
COP	C	-0.84%
PFE	D	-0.81%
MCHP	D	-0.81%
MCD	D	-0.78%
NTAP	C	-0.77%
HPE	B	-0.75%
CI	F	-0.69%
UPS	C	-0.69%
C	A	-0.68%
CVS	D	-0.67%
HON	B	-0.64%
NKE	D	-0.63%
BLK	C	-0.61%
AIG	B	-0.57%
GEN	B	-0.55%
GILD	C	-0.53%
MET	A	-0.47%
PNC	B	-0.46%
CRH	A	-0.46%
CSX	B	-0.45%
PSX	C	-0.44%
BX	A	-0.42%
BK	A	-0.41%
STX	D	-0.39%
ADP	B	-0.38%
AFL	B	-0.38%
SBUX	A	-0.37%
AMP	A	-0.37%
ITW	B	-0.36%
MDLZ	F	-0.34%
CME	A	-0.34%
EMR	A	-0.33%
TFC	A	-0.33%
USB	A	-0.32%
DUK	C	-0.32%
NOC	D	-0.31%
PLD	D	-0.3%
DFS	B	-0.3%
SPG	B	-0.3%
FDX	B	-0.3%
F	C	-0.3%
SWKS	F	-0.29%
EOG	A	-0.29%
NUE	C	-0.28%
GIS	D	-0.27%
KMI	A	-0.27%
CL	D	-0.26%
AMT	D	-0.26%
DOW	F	-0.25%
NSC	B	-0.25%
WMB	A	-0.24%
CCI	D	-0.24%
MTB	A	-0.24%
OKE	A	-0.23%
JNPR	F	-0.23%
SO	D	-0.22%
EBAY	D	-0.22%
JCI	C	-0.21%
COF	B	-0.2%
CAH	B	-0.2%
SYY	B	-0.19%
APD	A	-0.19%
SLB	C	-0.19%
GPN	B	-0.19%
ALL	A	-0.19%
AVT	C	-0.18%
PSA	D	-0.18%
TROW	B	-0.18%
TGT	F	-0.18%
SRE	A	-0.17%
OMC	C	-0.16%
KDP	D	-0.16%
KHC	F	-0.16%
ED	D	-0.16%
CF	B	-0.16%
LHX	C	-0.16%
G	B	-0.16%
WTW	B	-0.16%
EXC	C	-0.15%
BKR	B	-0.15%
PAYX	C	-0.14%
FITB	A	-0.14%
RF	A	-0.14%
NTRS	A	-0.13%
D	C	-0.13%
PEG	A	-0.13%
SW	A	-0.13%
NRG	B	-0.13%
FAST	B	-0.12%
CMI	A	-0.12%
EIX	B	-0.12%
CTRA	B	-0.12%
DG	F	-0.12%
IP	B	-0.12%
ORI	A	-0.11%
IPG	D	-0.11%
NEE	D	-0.11%
AEP	D	-0.11%
CNH	C	-0.11%
ROK	B	-0.11%
WEC	A	-0.11%
VTRS	A	-0.1%
KEY	B	-0.1%
KLIC	B	-0.1%
XEL	A	-0.1%
BBY	D	-0.1%
HSY	F	-0.1%
CHRW	C	-0.09%
PKG	A	-0.09%
TPR	B	-0.09%
OVV	B	-0.09%
WBA	F	-0.09%
KR	B	-0.09%
APA	D	-0.08%
ES	D	-0.08%
TSN	B	-0.08%
DGX	A	-0.08%
IRM	D	-0.08%
SNA	A	-0.08%
SJM	D	-0.08%
BG	F	-0.08%
CINF	A	-0.08%
WY	D	-0.08%
BXP	D	-0.07%
SF	B	-0.07%
EMN	D	-0.07%
RL	B	-0.07%
ALLY	C	-0.07%
LKQ	D	-0.07%
WH	B	-0.07%
KIM	A	-0.07%
UNM	A	-0.07%
GPC	D	-0.07%
EVR	B	-0.07%
CHRD	D	-0.07%
CG	A	-0.07%
OMF	A	-0.07%
HST	C	-0.07%
FHN	A	-0.07%
DKS	C	-0.07%
SCI	B	-0.07%
REG	B	-0.06%
STWD	C	-0.06%
MAS	D	-0.06%
VOYA	B	-0.06%
RHI	B	-0.06%
HRB	D	-0.06%
WBS	A	-0.06%
INVH	D	-0.06%
FNF	B	-0.06%
EWBC	A	-0.06%
R	B	-0.06%
HR	C	-0.06%
EL	F	-0.06%
CLX	B	-0.06%
WPC	D	-0.06%
EXE	B	-0.06%
EVRG	A	-0.06%
TAP	C	-0.06%
JEF	A	-0.05%
SWK	D	-0.05%
AOS	F	-0.05%
ZION	B	-0.05%
CPT	B	-0.05%
LAMR	D	-0.05%
BYD	C	-0.05%
LUV	C	-0.05%
BC	C	-0.05%
VICI	C	-0.05%
BAX	D	-0.05%
AGO	B	-0.05%
PR	B	-0.05%
BERY	B	-0.05%
VSH	D	-0.05%
ALV	C	-0.05%
MTG	C	-0.05%
BEN	C	-0.05%
AWK	D	-0.05%
OHI	C	-0.04%
BRX	A	-0.04%
FAF	A	-0.04%
OZK	B	-0.04%
CC	C	-0.04%
HOG	D	-0.04%
AES	F	-0.04%
FMC	D	-0.04%
JHG	A	-0.04%
PII	D	-0.04%
CNXC	F	-0.04%
DLB	B	-0.04%
CFR	B	-0.04%
LEA	D	-0.04%
OGE	B	-0.04%
CIVI	D	-0.04%
RDN	C	-0.04%
SNV	B	-0.04%
PBF	D	-0.04%
MSM	C	-0.04%
CUBE	D	-0.04%
IVZ	B	-0.04%
COLB	A	-0.04%
IRDM	D	-0.04%
MKC	D	-0.04%
CHH	A	-0.04%
PNW	B	-0.04%
RITM	C	-0.04%
AIZ	A	-0.04%
VTR	C	-0.04%
NI	A	-0.04%
CMA	A	-0.04%
BTU	B	-0.03%
HII	D	-0.03%
CNO	A	-0.03%
NNN	D	-0.03%
PAG	B	-0.03%
VLY	B	-0.03%
AM	A	-0.03%
HP	B	-0.03%
GLPI	C	-0.03%
WEN	D	-0.03%
PTEN	C	-0.03%
HOMB	A	-0.03%
CCOI	B	-0.03%
MGY	A	-0.03%
MAN	D	-0.03%
WSO	A	-0.03%
RHP	B	-0.03%
BPOP	B	-0.03%
ASH	D	-0.03%
XRAY	F	-0.03%
CBSH	A	-0.03%
HRI	B	-0.03%
FHI	A	-0.03%
DTM	B	-0.03%
KRC	C	-0.03%
ELS	C	-0.03%
LPX	B	-0.03%
INGR	B	-0.03%
HRL	D	-0.03%
ARCH	B	-0.03%
KBH	D	-0.03%
UGI	A	-0.03%
PB	A	-0.03%
AFG	A	-0.03%
HAS	D	-0.03%
APLE	B	-0.02%
BOKF	B	-0.02%
PECO	A	-0.02%
CDP	C	-0.02%
PRGO	B	-0.02%
GOLF	B	-0.02%
IIPR	D	-0.02%
FHB	A	-0.02%
WAL	B	-0.02%
ESNT	D	-0.02%
FR	C	-0.02%
AEO	F	-0.02%
MC	C	-0.02%
THG	A	-0.02%
NFG	A	-0.02%
GAP	C	-0.02%
COLD	D	-0.02%
THO	B	-0.02%
RUSHA	C	-0.02%
NHI	D	-0.02%
PCH	D	-0.02%
VCTR	B	-0.02%
ABM	B	-0.02%
SHOO	D	-0.02%
IDA	A	-0.02%
KTB	B	-0.02%
CUZ	B	-0.02%
ASB	B	-0.02%
MAC	B	-0.02%
ACI	C	-0.02%
VFC	C	-0.02%
CRC	B	-0.02%
SON	D	-0.02%
APAM	B	-0.02%
SSB	B	-0.02%
OGN	D	-0.02%
M	D	-0.02%
GBCI	B	-0.02%
STAG	F	-0.02%
EQH	B	-0.02%
MUR	D	-0.02%
KRG	B	-0.02%
UBSI	B	-0.02%
FLO	D	-0.02%
AXS	A	-0.02%
UDR	B	-0.02%
FNB	A	-0.02%
SLG	B	-0.02%
SBRA	C	-0.02%
FRT	B	-0.02%
EPR	D	-0.02%
ONB	B	-0.02%
AMH	D	-0.01%
IPAR	B	-0.01%
OGS	A	-0.01%
CWEN	C	-0.01%
MCY	A	-0.01%
TXNM	A	-0.01%
DNB	B	-0.01%
BKH	A	-0.01%
AWR	B	-0.01%
UCB	A	-0.01%
MDU	D	-0.01%
RRR	D	-0.01%
TFSL	A	-0.01%
SXT	B	-0.01%
MGEE	C	-0.01%
CNS	B	-0.01%
ADT	C	-0.01%
GEF	A	-0.01%
AVNT	B	-0.01%
KMPR	B	-0.01%
HI	C	-0.01%
LXP	D	-0.01%
OTTR	C	-0.01%
JWN	C	-0.01%
AROC	B	-0.01%
SEE	C	-0.01%
IBOC	A	-0.01%
NJR	A	-0.01%
NEU	C	-0.01%
FFIN	B	-0.01%
CATY	B	-0.01%
WD	D	-0.01%
WTRG	B	-0.01%
CWEN	C	-0.01%
SKT	B	-0.01%
LCII	C	-0.01%
SMG	D	-0.01%
RYN	D	-0.01%
NWL	B	-0.01%
IRT	A	-0.01%
AAP	C	-0.01%
NSP	D	-0.01%
ALE	A	-0.01%
HWC	B	-0.01%
MAGN	F	-0.0%
CADE	B	-0.0%
RUSHB	B	-0.0%
GEF	A	-0.0%
AGNC	D	-0.0%
SITC	D	-0.0%
CRK	B	-0.0%
AVA	A	-0.0%
ACT	D	-0.0%
REYN	D	-0.0%
CVI	F	-0.0%