PHEQ vs. FTC ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index) (FTC)

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

$29.32

Average Daily Volume

19,681

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

FTC

First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index)

FTC Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Growth Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Growth Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$142.99

Average Daily Volume

32,288

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	FTC
30 Days	1.16%	5.36%
60 Days	2.21%	10.08%
90 Days	3.39%	13.53%
12 Months	16.05%	38.90%

74 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in FTC	Overlap
AAPL	C	6.78%	0.33%	0.33%
ALNY	D	0.15%	0.62%	0.15%
AMGN	D	0.47%	0.31%	0.31%
AMZN	B	4.2%	0.38%	0.38%
APO	A	0.3%	0.64%	0.3%
ARES	A	0.26%	0.36%	0.26%
AVB	B	0.34%	0.16%	0.16%
AVGO	C	1.82%	0.66%	0.66%
AXP	B	0.57%	0.89%	0.57%
BAH	D	0.15%	0.63%	0.15%
BKNG	A	0.39%	0.57%	0.39%
BRK.A	B	1.4%	0.49%	0.49%
BRO	B	0.31%	0.7%	0.31%
CAT	C	0.56%	0.66%	0.56%
COIN	A	0.13%	0.52%	0.13%
COST	A	1.09%	0.69%	0.69%
CPNG	D	0.03%	0.86%	0.03%
CRM	B	0.66%	0.2%	0.2%
CRWD	B	0.17%	0.2%	0.17%
CSL	C	0.19%	0.49%	0.19%
CTAS	B	0.44%	0.7%	0.44%
DASH	A	0.13%	1.01%	0.13%
DELL	B	0.15%	0.38%	0.15%
DKNG	B	0.08%	0.17%	0.08%
DOV	B	0.33%	0.35%	0.33%
ESS	A	0.19%	0.17%	0.17%
EXR	C	0.31%	0.3%	0.3%
FCNCA	A	0.13%	0.78%	0.13%
GOOGL	B	2.38%	0.17%	0.17%
HEI	A	0.14%	0.88%	0.14%
HEI	A	0.22%	0.88%	0.22%
HUBB	B	0.13%	0.5%	0.13%
HWM	A	0.36%	0.94%	0.36%
IBM	C	0.57%	0.63%	0.57%
ISRG	A	0.59%	0.53%	0.53%
JPM	A	1.68%	0.76%	0.76%
KKR	A	0.47%	0.96%	0.47%
KLAC	F	0.36%	0.13%	0.13%
KMB	C	0.32%	0.15%	0.15%
KO	D	0.79%	0.29%	0.29%
LII	A	0.25%	0.68%	0.25%
LIN	D	0.67%	0.15%	0.15%
LLY	F	1.52%	0.3%	0.3%
LPLA	A	0.05%	0.22%	0.05%
MA	B	1.15%	0.17%	0.17%
META	C	2.79%	0.67%	0.67%
MKL	A	0.22%	0.18%	0.18%
MSTR	A	0.21%	0.32%	0.21%
MU	D	0.33%	0.16%	0.16%
NDAQ	A	0.24%	0.52%	0.24%
NFLX	A	0.79%	0.57%	0.57%
NOW	B	0.63%	0.77%	0.63%
NVDA	A	7.38%	0.81%	0.81%
ORCL	A	0.75%	0.73%	0.73%
OTIS	C	0.33%	0.32%	0.32%
PANW	B	0.3%	0.38%	0.3%
PG	C	1.06%	0.16%	0.16%
PLTR	A	0.32%	1.32%	0.32%
QCOM	F	0.33%	0.16%	0.16%
RBLX	B	0.13%	0.79%	0.13%
RMD	C	0.25%	0.63%	0.25%
ROST	D	0.32%	0.32%	0.32%
RSG	A	0.35%	0.35%	0.35%
TMUS	B	0.52%	0.77%	0.52%
TRGP	A	0.45%	1.08%	0.45%
TSLA	A	1.94%	0.4%	0.4%
TTD	B	0.19%	0.56%	0.19%
UBER	F	0.28%	0.46%	0.28%
URI	B	0.25%	0.87%	0.25%
VRT	A	0.1%	1.01%	0.1%
VRTX	D	0.38%	0.17%	0.17%
WDAY	C	0.13%	0.18%	0.13%
WM	B	0.45%	0.17%	0.17%
WSM	D	0.02%	0.28%	0.02%

PHEQ Overweight 129 Positions Relative to FTC

Symbol	Grade	Weight
MSFT	D	6.62%
GOOG	B	1.99%
UNH	C	1.41%
XOM	B	1.4%
V	A	1.27%
HD	A	1.13%
JNJ	D	1.03%
WMT	A	0.96%
BAC	A	0.95%
ABBV	F	0.87%
CVX	A	0.8%
CSCO	B	0.8%
PEP	F	0.74%
MRK	F	0.7%
T	A	0.66%
WFC	A	0.65%
TMO	F	0.62%
TXN	C	0.62%
LMT	D	0.61%
ABT	A	0.6%
LOW	C	0.57%
AMD	F	0.54%
UNP	D	0.52%
MDT	D	0.51%
ADBE	D	0.5%
BMY	A	0.5%
DIS	B	0.49%
MMM	D	0.44%
DE	C	0.43%
ETR	A	0.4%
MS	A	0.39%
DAL	A	0.39%
TRV	A	0.38%
PRU	B	0.36%
SCHW	A	0.34%
K	B	0.34%
BA	D	0.33%
YUM	D	0.33%
HIG	B	0.33%
PPL	A	0.33%
LH	B	0.32%
LNT	A	0.32%
CMS	C	0.31%
COR	B	0.31%
HBAN	B	0.31%
LRCX	F	0.31%
DTE	C	0.31%
EQR	C	0.31%
DOC	D	0.3%
DRI	C	0.3%
PHM	D	0.3%
AEE	A	0.3%
AME	A	0.28%
PYPL	B	0.28%
SYF	B	0.27%
MAA	A	0.27%
CNP	A	0.27%
MRVL	B	0.26%
GLW	B	0.26%
MELI	D	0.26%
FANG	D	0.25%
JBHT	C	0.25%
CFG	B	0.25%
ULTA	F	0.24%
EXPD	D	0.23%
NEM	D	0.23%
MRO	A	0.23%
L	A	0.23%
FE	C	0.23%
LNG	A	0.22%
LYB	F	0.22%
REGN	F	0.22%
AMCR	D	0.21%
SSNC	C	0.21%
ARE	F	0.21%
LULU	C	0.21%
PFG	C	0.2%
WRB	B	0.2%
CPB	D	0.19%
ZM	B	0.19%
SPOT	B	0.18%
PPG	F	0.18%
WBD	B	0.18%
HAL	C	0.17%
AKAM	F	0.17%
DVN	F	0.17%
CAG	F	0.17%
IFF	D	0.16%
APTV	F	0.15%
ABNB	D	0.15%
MOH	F	0.15%
HUBS	B	0.15%
ON	F	0.15%
ZBH	C	0.14%
NDSN	D	0.14%
SQ	A	0.12%
MGM	D	0.12%
DDOG	A	0.12%
TW	A	0.11%
IBKR	A	0.11%
STLD	B	0.11%
VEEV	C	0.11%
TRU	D	0.1%
SUI	C	0.1%
ZS	B	0.09%
DOX	D	0.09%
BLDR	D	0.08%
NET	B	0.07%
AGR	A	0.07%
SCCO	F	0.07%
YUMC	B	0.07%
SNOW	C	0.06%
ALGN	D	0.06%
ILMN	C	0.06%
AVTR	F	0.06%
TEAM	A	0.06%
SNAP	D	0.05%
CE	F	0.05%
OWL	A	0.05%
WLK	F	0.04%
OKTA	D	0.04%
RKT	F	0.04%
RPRX	F	0.04%
BSY	D	0.04%
PINS	F	0.03%
SIRI	D	0.03%
ENPH	F	0.03%
WMG	C	0.02%
MRNA	F	0.01%

PHEQ Underweight 113 Positions Relative to FTC

Symbol	Grade	Weight
APP	A	-1.81%
AXON	A	-1.26%
CVNA	A	-1.15%
RCL	A	-1.09%
EXPE	B	-1.03%
FICO	B	-1.0%
GS	B	-0.99%
GDDY	A	-0.98%
VST	A	-0.97%
EME	A	-0.96%
HOOD	A	-0.92%
UTHR	C	-0.9%
BK	B	-0.9%
WAB	B	-0.9%
PWR	A	-0.9%
CCL	A	-0.88%
TT	A	-0.88%
ALL	A	-0.86%
PGR	B	-0.85%
BURL	A	-0.85%
NRG	B	-0.84%
THC	C	-0.82%
VTR	B	-0.82%
AMP	A	-0.8%
GRMN	B	-0.8%
LYV	A	-0.79%
IRM	C	-0.79%
FI	A	-0.78%
NTRS	A	-0.78%
TPL	A	-0.75%
PH	B	-0.74%
ACGL	D	-0.74%
GEN	B	-0.73%
MSI	B	-0.73%
CEG	C	-0.72%
PCG	A	-0.71%
HCA	F	-0.71%
BSX	A	-0.7%
PM	A	-0.7%
SHW	C	-0.68%
ANET	C	-0.67%
PEG	C	-0.65%
FSLR	F	-0.65%
ERIE	F	-0.63%
GE	D	-0.63%
FTNT	B	-0.59%
NEE	C	-0.59%
TDG	D	-0.59%
GWW	B	-0.55%
DECK	A	-0.54%
CASY	A	-0.53%
HLT	A	-0.53%
WSO	A	-0.52%
AJG	B	-0.51%
WELL	A	-0.51%
TYL	B	-0.51%
BR	B	-0.51%
TJX	A	-0.5%
MCO	D	-0.49%
SPGI	D	-0.48%
MANH	D	-0.48%
NTAP	C	-0.47%
SO	C	-0.47%
LVS	B	-0.47%
ECL	D	-0.47%
ICE	C	-0.47%
TSCO	D	-0.46%
VLTO	C	-0.45%
XYL	D	-0.44%
PSA	C	-0.44%
CL	D	-0.43%
EFX	F	-0.43%
WMB	A	-0.41%
AMT	D	-0.41%
CPAY	A	-0.39%
MAR	B	-0.38%
ADSK	B	-0.37%
APH	B	-0.37%
MO	A	-0.36%
ETN	B	-0.36%
IR	B	-0.35%
SPG	A	-0.35%
IT	C	-0.35%
ORLY	B	-0.35%
MCD	D	-0.33%
ROL	B	-0.33%
MMC	D	-0.33%
AZO	C	-0.33%
CBOE	C	-0.32%
RIVN	F	-0.31%
VICI	C	-0.31%
BLD	F	-0.3%
O	C	-0.29%
MPWR	F	-0.21%
FAST	B	-0.19%
PAYX	B	-0.18%
AON	B	-0.18%
ADP	B	-0.18%
DLR	A	-0.18%
GPN	C	-0.18%
ITW	B	-0.17%
CHD	A	-0.17%
MSCI	B	-0.17%
CMG	C	-0.17%
WAT	C	-0.17%
SYK	A	-0.17%
EQIX	A	-0.16%
SBAC	D	-0.15%
GLPI	C	-0.15%
CCI	C	-0.14%
A	F	-0.14%
ZTS	D	-0.14%
MTD	F	-0.13%