PHEQ vs. EFIV ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to SPDR S&P 500 ESG ETF (EFIV)

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

EFIV

SPDR S&P 500 ESG ETF

EFIV Description

• Seeks to provide investment results that, before fees and expenses, correspond generally to the S&P 500 ESG Index • EFIV is designed to track an index that is designed to select S&P 500 firms meeting certain sustainability criteria (criteria related to environmental, social and governance factors) while maintaining similar overall industry group weights as the S&P 500 Index • EFIV may serve as a potential ESG core exposure, based on its focus on sustainability criteria and comprehensive market coverage of the flagship core S&P 500 Index

Grade (RS Rating)

Last Trade

$57.77

Average Daily Volume

109,257

Number of Holdings ^*

313

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	EFIV
30 Days	1.99%	2.81%
60 Days	3.02%	4.79%
90 Days	3.86%	5.59%
12 Months	16.61%	30.64%

97 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in EFIV	Overlap
AAPL	C	6.85%	9.53%	6.85%
ABBV	D	0.85%	0.84%	0.84%
ABT	B	0.6%	0.56%	0.56%
ADBE	C	0.48%	0.66%	0.48%
AKAM	D	0.16%	0.04%	0.04%
AMCR	D	0.21%	0.04%	0.04%
AMD	F	0.51%	0.63%	0.51%
AME	A	0.28%	0.13%	0.13%
AMGN	D	0.45%	0.45%	0.45%
APTV	D	0.14%	0.04%	0.04%
ARE	D	0.21%	0.05%	0.05%
AVB	B	0.35%	0.09%	0.09%
AXP	A	0.57%	0.45%	0.45%
BAC	A	0.98%	0.86%	0.86%
BMY	B	0.48%	0.33%	0.33%
CAG	D	0.17%	0.04%	0.04%
CAT	B	0.55%	0.52%	0.52%
CFG	B	0.26%	0.06%	0.06%
COR	B	0.3%	0.12%	0.12%
COST	B	1.07%	1.15%	1.07%
CPB	D	0.18%	0.02%	0.02%
CRM	B	0.63%	0.92%	0.63%
CSCO	B	0.79%	0.66%	0.66%
CTAS	B	0.42%	0.21%	0.21%
CVX	A	0.84%	0.75%	0.75%
DAL	C	0.39%	0.12%	0.12%
DE	A	0.44%	0.28%	0.28%
DIS	B	0.57%	0.52%	0.52%
DOC	D	0.29%	0.04%	0.04%
DOV	A	0.33%	0.08%	0.08%
DVN	F	0.17%	0.07%	0.07%
EQR	B	0.32%	0.07%	0.07%
ETR	B	0.4%	0.09%	0.09%
EXR	D	0.32%	0.1%	0.1%
FANG	D	0.24%	0.09%	0.09%
GOOG	C	1.9%	2.42%	1.9%
GOOGL	C	2.28%	2.92%	2.28%
HAL	C	0.16%	0.07%	0.07%
HBAN	A	0.31%	0.07%	0.07%
HD	A	1.15%	1.13%	1.13%
HIG	B	0.33%	0.1%	0.1%
HUBB	B	0.13%	0.07%	0.07%
IFF	D	0.16%	0.06%	0.06%
JBHT	C	0.24%	0.04%	0.04%
JPM	A	1.73%	1.91%	1.73%
K	A	0.34%	0.06%	0.06%
KLAC	D	0.34%	0.24%	0.24%
KO	D	0.77%	0.68%	0.68%
LIN	D	0.67%	0.61%	0.61%
LLY	F	1.39%	1.79%	1.39%
LOW	D	0.57%	0.43%	0.43%
LRCX	F	0.29%	0.27%	0.27%
LULU	C	0.21%	0.1%	0.1%
LYB	F	0.22%	0.06%	0.06%
MA	C	1.14%	1.2%	1.14%
MDT	D	0.51%	0.31%	0.31%
MGM	D	0.13%	0.02%	0.02%
MRK	F	0.69%	0.7%	0.69%
MRNA	F	0.01%	0.04%	0.01%
MS	A	0.39%	0.46%	0.39%
MSFT	F	6.55%	8.8%	6.55%
MU	D	0.31%	0.31%	0.31%
NDAQ	A	0.24%	0.09%	0.09%
NEM	D	0.23%	0.13%	0.13%
NVDA	C	7.12%	10.02%	7.12%
ON	D	0.14%	0.08%	0.08%
OTIS	C	0.33%	0.11%	0.11%
PEP	F	0.72%	0.63%	0.63%
PFG	D	0.2%	0.05%	0.05%
PG	A	1.09%	1.09%	1.09%
PHM	D	0.3%	0.07%	0.07%
PPG	F	0.18%	0.08%	0.08%
PRU	A	0.37%	0.12%	0.12%
PYPL	B	0.28%	0.25%	0.25%
QCOM	F	0.33%	0.5%	0.33%
REGN	F	0.21%	0.24%	0.21%
RMD	C	0.24%	0.1%	0.1%
ROST	C	0.32%	0.13%	0.13%
RSG	A	0.34%	0.12%	0.12%
SCHW	B	0.35%	0.33%	0.33%
SYF	B	0.27%	0.07%	0.07%
T	A	0.68%	0.45%	0.45%
TMUS	B	0.51%	0.33%	0.33%
TRGP	B	0.46%	0.12%	0.12%
TRV	B	0.39%	0.16%	0.16%
TSLA	B	1.91%	2.55%	1.91%
UBER	D	0.29%	0.42%	0.29%
ULTA	F	0.23%	0.05%	0.05%
UNH	C	1.37%	1.56%	1.37%
UNP	C	0.52%	0.41%	0.41%
URI	B	0.24%	0.16%	0.16%
V	A	1.28%	1.44%	1.28%
WM	A	0.44%	0.23%	0.23%
WMT	A	0.96%	1.03%	0.96%
XOM	B	1.4%	1.5%	1.4%
YUM	B	0.33%	0.11%	0.11%
ZBH	C	0.14%	0.06%	0.06%

PHEQ Overweight 106 Positions Relative to EFIV

Symbol	Grade	Weight
AMZN	C	4.1%
META	D	2.66%
AVGO	D	1.71%
BRK.A	B	1.42%
JNJ	D	1.04%
NFLX	A	0.8%
ORCL	B	0.73%
WFC	A	0.67%
NOW	A	0.61%
TMO	F	0.59%
TXN	C	0.59%
LMT	D	0.58%
ISRG	A	0.58%
IBM	C	0.56%
KKR	A	0.46%
MMM	D	0.44%
BKNG	A	0.39%
PLTR	B	0.36%
VRTX	F	0.36%
HWM	A	0.36%
PPL	B	0.34%
LNT	A	0.33%
KMB	D	0.33%
BA	F	0.32%
LH	C	0.31%
CMS	C	0.31%
BRO	B	0.31%
DTE	C	0.31%
PANW	C	0.3%
DRI	B	0.3%
AEE	A	0.3%
APO	B	0.3%
CNP	B	0.28%
MAA	B	0.27%
MRVL	B	0.25%
MELI	D	0.25%
LII	A	0.25%
ARES	A	0.25%
GLW	B	0.25%
MRO	B	0.24%
L	A	0.24%
FE	C	0.24%
MKL	A	0.23%
EXPD	D	0.23%
LNG	B	0.22%
HEI	B	0.22%
WRB	A	0.21%
SSNC	B	0.21%
MSTR	C	0.2%
ESS	B	0.19%
SPOT	B	0.19%
TTD	B	0.18%
ZM	B	0.18%
WBD	C	0.18%
CSL	C	0.18%
CRWD	B	0.17%
ABNB	C	0.15%
MOH	F	0.14%
NDSN	B	0.14%
HEI	B	0.14%
DELL	C	0.14%
HUBS	A	0.14%
WDAY	B	0.13%
DASH	A	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%
STLD	B	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%
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%
PINS	D	0.03%
SIRI	C	0.03%
ENPH	F	0.03%
RKT	F	0.03%
WSM	B	0.02%
WMG	C	0.02%

PHEQ Underweight 216 Positions Relative to EFIV

Symbol	Grade	Weight
ACN	C	-0.65%
MCD	D	-0.59%
GE	D	-0.55%
GS	A	-0.52%
CMCSA	B	-0.47%
SPGI	C	-0.45%
DHR	F	-0.43%
AMAT	F	-0.42%
NEE	D	-0.42%
ETN	A	-0.41%
BLK	C	-0.4%
TJX	A	-0.38%
C	A	-0.37%
SYK	C	-0.37%
BSX	B	-0.36%
ADP	B	-0.35%
FI	A	-0.34%
SBUX	A	-0.32%
GILD	C	-0.32%
MMC	B	-0.31%
INTC	D	-0.3%
CB	C	-0.3%
PLD	D	-0.3%
ELV	F	-0.27%
UPS	C	-0.27%
NKE	D	-0.26%
CI	F	-0.26%
TT	A	-0.26%
MDLZ	F	-0.25%
ICE	C	-0.25%
SHW	A	-0.25%
PH	A	-0.25%
AMT	D	-0.25%
EQIX	A	-0.24%
CMG	B	-0.23%
CME	A	-0.23%
PNC	B	-0.23%
AON	A	-0.23%
WELL	A	-0.22%
USB	A	-0.22%
ZTS	D	-0.22%
ITW	B	-0.21%
CL	D	-0.21%
EMR	A	-0.21%
MCO	B	-0.21%
CSX	B	-0.2%
COF	B	-0.2%
TGT	F	-0.2%
BDX	F	-0.19%
MAR	B	-0.19%
ADSK	A	-0.19%
WMB	A	-0.19%
CVS	D	-0.19%
APD	A	-0.19%
ECL	D	-0.18%
OKE	A	-0.18%
CARR	D	-0.18%
GM	B	-0.18%
AJG	B	-0.18%
NSC	B	-0.17%
PCAR	B	-0.17%
SLB	C	-0.17%
FCX	D	-0.17%
HLT	A	-0.17%
TFC	A	-0.17%
AFL	B	-0.16%
BK	A	-0.16%
JCI	C	-0.16%
SRE	A	-0.16%
ALL	A	-0.15%
GWW	B	-0.15%
PSA	D	-0.15%
MPC	D	-0.15%
PSX	C	-0.15%
DLR	B	-0.15%
AMP	A	-0.15%
RCL	A	-0.15%
FIS	C	-0.14%
MSCI	C	-0.14%
AIG	B	-0.14%
CMI	A	-0.14%
KMI	A	-0.14%
PAYX	C	-0.13%
DHI	D	-0.13%
MET	A	-0.13%
PWR	A	-0.13%
IR	B	-0.12%
BKR	B	-0.12%
PEG	A	-0.12%
AXON	A	-0.12%
DFS	B	-0.12%
VLO	C	-0.12%
SYY	B	-0.11%
KDP	D	-0.11%
ACGL	D	-0.11%
EXC	C	-0.11%
A	D	-0.11%
EA	A	-0.11%
KR	B	-0.11%
HES	B	-0.11%
CTVA	C	-0.11%
EW	C	-0.11%
CBRE	B	-0.11%
VRSK	A	-0.11%
OXY	D	-0.1%
WAB	B	-0.1%
HUM	C	-0.1%
MTB	A	-0.1%
IDXX	F	-0.1%
HPQ	B	-0.1%
GIS	D	-0.1%
CNC	D	-0.09%
CAH	B	-0.09%
CSGP	D	-0.09%
DOW	F	-0.09%
EIX	B	-0.09%
FITB	A	-0.09%
WTW	B	-0.09%
ROK	B	-0.09%
ED	D	-0.09%
IRM	D	-0.09%
DECK	A	-0.08%
HSY	F	-0.08%
KHC	F	-0.08%
STT	A	-0.08%
HPE	B	-0.08%
TTWO	A	-0.08%
GPN	B	-0.08%
RJF	A	-0.08%
XYL	D	-0.08%
EBAY	D	-0.08%
TSCO	D	-0.08%
RF	A	-0.07%
BIIB	F	-0.07%
CCL	B	-0.07%
ADM	D	-0.07%
SW	A	-0.07%
EQT	B	-0.07%
MTD	D	-0.07%
AWK	D	-0.07%
CPAY	A	-0.07%
BR	A	-0.07%
TROW	B	-0.07%
VTR	C	-0.07%
FTV	C	-0.07%
OMC	C	-0.06%
CBOE	B	-0.06%
WDC	D	-0.06%
NTRS	A	-0.06%
ES	D	-0.06%
WY	D	-0.06%
EXPE	B	-0.06%
WAT	B	-0.06%
SBAC	D	-0.06%
AVY	D	-0.05%
KIM	A	-0.05%
BAX	D	-0.05%
GPC	D	-0.05%
MAS	D	-0.05%
LVS	C	-0.05%
PNR	A	-0.05%
KEY	B	-0.05%
IEX	B	-0.05%
BBY	D	-0.05%
TSN	B	-0.05%
DGX	A	-0.05%
FDS	B	-0.05%
HOLX	D	-0.05%
BALL	D	-0.05%
MKC	D	-0.05%
JKHY	D	-0.04%
ALB	C	-0.04%
INCY	C	-0.04%
POOL	C	-0.04%
CHRW	C	-0.04%
SWK	D	-0.04%
UDR	B	-0.04%
EL	F	-0.04%
RVTY	F	-0.04%
CF	B	-0.04%
EG	C	-0.04%
TFX	F	-0.03%
GL	B	-0.03%
MKTX	D	-0.03%
LKQ	D	-0.03%
NWSA	B	-0.03%
CRL	C	-0.03%
IPG	D	-0.03%
AIZ	A	-0.03%
TAP	C	-0.03%
LW	C	-0.03%
BXP	D	-0.03%
SJM	D	-0.03%
TPR	B	-0.03%
NCLH	B	-0.03%
REG	B	-0.03%
KMX	B	-0.03%
ALLE	D	-0.03%
DAY	B	-0.03%
HST	C	-0.03%
WBA	F	-0.02%
PARA	C	-0.02%
BEN	C	-0.02%
FMC	D	-0.02%
DVA	B	-0.02%
MHK	D	-0.02%
BWA	D	-0.02%
IVZ	B	-0.02%
WYNN	D	-0.02%
RL	B	-0.02%
HAS	D	-0.02%
MOS	F	-0.02%
CZR	F	-0.02%
FRT	B	-0.02%
HRL	D	-0.02%
NWS	B	-0.01%