PHEQ vs. ESG ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to FlexShares STOXX US ESG Impact Index Fund (ESG)

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

ESG

FlexShares STOXX US ESG Impact Index Fund

ESG Description

The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXX US ESG Impact Index.

Grade (RS Rating)

Last Trade

$140.22

Average Daily Volume

4,414

Number of Holdings ^*

259

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	ESG
30 Days	1.99%	3.59%
60 Days	3.02%	3.59%
90 Days	3.86%	6.22%
12 Months	16.61%	27.36%

93 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in ESG	Overlap
AAPL	C	6.85%	4.84%	4.84%
ABT	B	0.6%	0.66%	0.6%
ADBE	C	0.48%	0.76%	0.48%
AKAM	D	0.16%	0.03%	0.03%
AMD	F	0.51%	0.74%	0.51%
AMZN	C	4.1%	5.34%	4.1%
APO	B	0.3%	0.35%	0.3%
APTV	D	0.14%	0.04%	0.04%
ARE	D	0.21%	0.05%	0.05%
AVGO	D	1.71%	1.95%	1.71%
AVTR	F	0.06%	0.02%	0.02%
BAC	A	0.98%	1.03%	0.98%
BKNG	A	0.39%	0.55%	0.39%
BMY	B	0.48%	0.39%	0.39%
BRK.A	B	1.42%	3.02%	1.42%
CAG	D	0.17%	0.03%	0.03%
CAT	B	0.55%	0.31%	0.31%
CMS	C	0.31%	0.05%	0.05%
COST	B	1.07%	1.01%	1.01%
CRM	B	0.63%	0.53%	0.53%
CRWD	B	0.17%	0.26%	0.17%
CSCO	B	0.79%	0.96%	0.79%
CTAS	B	0.42%	0.37%	0.37%
CVX	A	0.84%	1.36%	0.84%
DE	A	0.44%	0.44%	0.44%
DIS	B	0.57%	0.81%	0.57%
DOC	D	0.29%	0.08%	0.08%
DOV	A	0.33%	0.05%	0.05%
DOX	D	0.09%	0.05%	0.05%
ESS	B	0.19%	0.06%	0.06%
ETR	B	0.4%	0.08%	0.08%
EXPD	D	0.23%	0.03%	0.03%
FANG	D	0.24%	0.05%	0.05%
GLW	B	0.25%	0.06%	0.06%
HBAN	A	0.31%	0.06%	0.06%
HD	A	1.15%	0.99%	0.99%
HIG	B	0.33%	0.14%	0.14%
HUBS	A	0.14%	0.14%	0.14%
IBM	C	0.56%	0.95%	0.56%
JNJ	D	1.04%	1.79%	1.04%
JPM	A	1.73%	3.38%	1.73%
K	A	0.34%	0.09%	0.09%
KLAC	D	0.34%	0.15%	0.15%
KMB	D	0.33%	0.22%	0.22%
KO	D	0.77%	1.2%	0.77%
LII	A	0.25%	0.09%	0.09%
LLY	F	1.39%	2.2%	1.39%
LNG	B	0.22%	0.08%	0.08%
LNT	A	0.33%	0.05%	0.05%
LOW	D	0.57%	0.51%	0.51%
LRCX	F	0.29%	0.24%	0.24%
LULU	C	0.21%	0.19%	0.19%
MA	C	1.14%	1.06%	1.06%
MDT	D	0.51%	0.36%	0.36%
META	D	2.66%	5.19%	2.66%
MRK	F	0.69%	1.02%	0.69%
MRNA	F	0.01%	0.04%	0.01%
MRO	B	0.24%	0.05%	0.05%
MS	A	0.39%	0.26%	0.26%
MSFT	F	6.55%	4.72%	4.72%
MU	D	0.31%	0.54%	0.31%
NDAQ	A	0.24%	0.13%	0.13%
NDSN	B	0.14%	0.04%	0.04%
NEM	D	0.23%	0.19%	0.19%
NOW	A	0.61%	0.36%	0.36%
OKTA	C	0.04%	0.02%	0.02%
ORCL	B	0.73%	0.74%	0.73%
OTIS	C	0.33%	0.16%	0.16%
PANW	C	0.3%	0.32%	0.3%
PFG	D	0.2%	0.08%	0.08%
PG	A	1.09%	1.94%	1.09%
PPL	B	0.34%	0.04%	0.04%
PYPL	B	0.28%	0.29%	0.28%
QCOM	F	0.33%	0.6%	0.33%
ROST	C	0.32%	0.2%	0.2%
RPRX	D	0.04%	0.05%	0.04%
RSG	A	0.34%	0.07%	0.07%
SNAP	C	0.05%	0.04%	0.04%
SUI	D	0.1%	0.05%	0.05%
TRV	B	0.39%	0.24%	0.24%
TSLA	B	1.91%	2.83%	1.91%
TXN	C	0.59%	0.62%	0.59%
UBER	D	0.29%	0.49%	0.29%
UNH	C	1.37%	0.91%	0.91%
UNP	C	0.52%	0.58%	0.52%
V	A	1.28%	2.11%	1.28%
VRTX	F	0.36%	0.4%	0.36%
WM	A	0.44%	0.13%	0.13%
WMT	A	0.96%	1.82%	0.96%
WSM	B	0.02%	0.08%	0.02%
XOM	B	1.4%	2.63%	1.4%
YUM	B	0.33%	0.12%	0.12%
ZBH	C	0.14%	0.04%	0.04%

PHEQ Overweight 110 Positions Relative to ESG

Symbol	Grade	Weight
NVDA	C	7.12%
GOOGL	C	2.28%
GOOG	C	1.9%
ABBV	D	0.85%
NFLX	A	0.8%
PEP	F	0.72%
T	A	0.68%
WFC	A	0.67%
LIN	D	0.67%
TMO	F	0.59%
LMT	D	0.58%
ISRG	A	0.58%
AXP	A	0.57%
TMUS	B	0.51%
TRGP	B	0.46%
KKR	A	0.46%
AMGN	D	0.45%
MMM	D	0.44%
DAL	C	0.39%
PRU	A	0.37%
PLTR	B	0.36%
HWM	A	0.36%
AVB	B	0.35%
SCHW	B	0.35%
EQR	B	0.32%
EXR	D	0.32%
BA	F	0.32%
LH	C	0.31%
BRO	B	0.31%
DTE	C	0.31%
DRI	B	0.3%
AEE	A	0.3%
COR	B	0.3%
PHM	D	0.3%
CNP	B	0.28%
AME	A	0.28%
SYF	B	0.27%
MAA	B	0.27%
CFG	B	0.26%
MRVL	B	0.25%
MELI	D	0.25%
ARES	A	0.25%
L	A	0.24%
FE	C	0.24%
URI	B	0.24%
JBHT	C	0.24%
RMD	C	0.24%
MKL	A	0.23%
ULTA	F	0.23%
LYB	F	0.22%
HEI	B	0.22%
WRB	A	0.21%
SSNC	B	0.21%
REGN	F	0.21%
AMCR	D	0.21%
MSTR	C	0.2%
SPOT	B	0.19%
TTD	B	0.18%
ZM	B	0.18%
PPG	F	0.18%
WBD	C	0.18%
CPB	D	0.18%
CSL	C	0.18%
DVN	F	0.17%
IFF	D	0.16%
HAL	C	0.16%
ABNB	C	0.15%
MOH	F	0.14%
HEI	B	0.14%
ON	D	0.14%
DELL	C	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%
STLD	B	0.11%
IBKR	A	0.11%
VRT	B	0.1%
VEEV	C	0.1%
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%
TEAM	A	0.06%
LPLA	A	0.05%
CE	F	0.05%
OWL	A	0.05%
ILMN	D	0.05%
WLK	D	0.04%
BSY	D	0.04%
CPNG	D	0.03%
PINS	D	0.03%
SIRI	C	0.03%
ENPH	F	0.03%
RKT	F	0.03%
WMG	C	0.02%

PHEQ Underweight 166 Positions Relative to ESG

Symbol	Grade	Weight
ACN	C	-1.12%
GS	A	-0.92%
BLK	C	-0.72%
TJX	A	-0.67%
SPGI	C	-0.65%
C	A	-0.64%
SYK	C	-0.56%
INTC	D	-0.53%
AMAT	F	-0.5%
ADP	B	-0.5%
INTU	C	-0.48%
ICE	C	-0.44%
ELV	F	-0.39%
USB	A	-0.39%
TT	A	-0.38%
AMT	D	-0.37%
MDLZ	F	-0.36%
PFE	D	-0.36%
MCD	D	-0.35%
ADSK	A	-0.33%
ZTS	D	-0.32%
WELL	A	-0.32%
GM	B	-0.32%
CL	D	-0.31%
SLB	C	-0.31%
CI	F	-0.3%
TGT	F	-0.29%
VZ	C	-0.28%
GILD	C	-0.28%
CVS	D	-0.28%
MAR	B	-0.28%
MMC	B	-0.27%
CMG	B	-0.27%
AON	A	-0.27%
MCK	B	-0.26%
CB	C	-0.26%
HLT	A	-0.25%
AFL	B	-0.23%
FLUT	A	-0.23%
NXPI	D	-0.23%
BK	A	-0.23%
FDX	B	-0.22%
NKE	D	-0.22%
TFC	A	-0.21%
SNPS	B	-0.21%
BSX	B	-0.21%
DUK	C	-0.21%
KR	B	-0.2%
MET	A	-0.2%
CBRE	B	-0.2%
AEP	D	-0.2%
SBUX	A	-0.19%
GIS	D	-0.18%
CEG	D	-0.18%
DFS	B	-0.18%
VICI	C	-0.17%
CMI	A	-0.17%
GWW	B	-0.17%
IT	C	-0.17%
ECL	D	-0.17%
HPQ	B	-0.17%
GEHC	F	-0.17%
AJG	B	-0.16%
SHW	A	-0.15%
WTW	B	-0.15%
FCX	D	-0.15%
PEG	A	-0.14%
SRE	A	-0.14%
MCO	B	-0.13%
EA	A	-0.13%
EW	C	-0.13%
AWK	D	-0.13%
EIX	B	-0.13%
IRM	D	-0.13%
CDNS	B	-0.13%
VRSK	A	-0.13%
ROK	B	-0.13%
ITW	B	-0.13%
HPE	B	-0.12%
IQV	D	-0.12%
DD	D	-0.12%
EMR	A	-0.12%
TSCO	D	-0.12%
MSCI	C	-0.12%
WY	D	-0.11%
WDC	D	-0.11%
VLO	C	-0.11%
BDX	F	-0.11%
DECK	A	-0.11%
CLX	B	-0.1%
XYL	D	-0.1%
OMC	C	-0.1%
FDS	B	-0.1%
EBAY	D	-0.1%
DOW	F	-0.1%
BKR	B	-0.1%
CTSH	B	-0.1%
HSY	F	-0.1%
FTV	C	-0.1%
WAB	B	-0.09%
BR	A	-0.09%
PSA	D	-0.09%
BBY	D	-0.09%
AZO	C	-0.09%
KHC	F	-0.09%
CAH	B	-0.09%
D	C	-0.08%
FITB	A	-0.08%
NU	C	-0.08%
CCEP	C	-0.08%
NTAP	C	-0.08%
AIG	B	-0.08%
ADM	D	-0.08%
CCL	B	-0.08%
ALL	A	-0.08%
VTR	C	-0.07%
ZBRA	B	-0.07%
EXPE	B	-0.07%
STZ	D	-0.07%
GEN	B	-0.07%
XPO	B	-0.07%
BALL	D	-0.07%
PNR	A	-0.07%
STT	A	-0.07%
NVT	B	-0.06%
HOLX	D	-0.06%
IPG	D	-0.06%
MKC	D	-0.06%
A	D	-0.06%
IDXX	F	-0.06%
RF	A	-0.06%
ACM	A	-0.06%
KDP	D	-0.06%
CTVA	C	-0.06%
EL	F	-0.06%
XEL	A	-0.06%
KEY	B	-0.05%
BURL	A	-0.05%
SMCI	F	-0.05%
ED	D	-0.05%
DLTR	F	-0.04%
SWK	D	-0.04%
DPZ	C	-0.04%
WST	C	-0.04%
IEX	B	-0.04%
BAX	D	-0.04%
NI	A	-0.04%
LVS	C	-0.04%
AES	F	-0.04%
NRG	B	-0.04%
OC	A	-0.03%
LECO	B	-0.03%
BG	F	-0.03%
STX	D	-0.03%
TSN	B	-0.03%
MAS	D	-0.03%
JBL	B	-0.03%
HST	C	-0.02%
SJM	D	-0.02%
DKS	C	-0.02%
LKQ	D	-0.02%
FFIV	B	-0.02%
TFX	F	-0.02%
RNR	C	-0.02%
PSTG	D	-0.02%
DG	F	-0.02%