PHEQ vs. IETC ETF Comparison
Comparison of Parametric Hedged Equity ETF (PHEQ) to iShares Evolved U.S. Technology ETF (IETC)
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
$29.36
Average Daily Volume
21,308
Number of Holdings
*
203
* may have additional holdings in another (foreign) market
IETC
iShares Evolved U.S. Technology ETF
IETC Description
The investment seeks to provide access to U.S. companies with technology exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$83.74
Average Daily Volume
18,258
Number of Holdings
*
117
* may have additional holdings in another (foreign) market
Performance
| Period | PHEQ | IETC |
|---|---|---|
| 30 Days | 2.01% | 4.19% |
| 60 Days | 4.50% | 15.93% |
| 90 Days | 6.21% | 20.82% |
| 12 Months | 19.71% | 50.40% |
54 Overlapping Holdings
| Symbol | Grade | Weight in PHEQ | Weight in IETC | Overlap | |
|---|---|---|---|---|---|
| AAPL | B | 7.06% | 2.45% | 2.45% | |
| ABNB | D | 0.15% | 0.7% | 0.15% | |
| ADBE | F | 0.47% | 1.13% | 0.47% | |
| AKAM | F | 0.19% | 0.17% | 0.17% | |
| ALGN | F | 0.06% | 0.0% | 0.0% | |
| AMD | F | 0.57% | 0.74% | 0.57% | |
| AMZN | B | 3.93% | 7.83% | 3.93% | |
| AVGO | B | 1.85% | 12.54% | 1.85% | |
| BAH | B | 0.15% | 0.25% | 0.15% | |
| BSY | F | 0.04% | 0.18% | 0.04% | |
| COIN | B | 0.09% | 0.2% | 0.09% | |
| CPNG | C | 0.03% | 0.07% | 0.03% | |
| CRM | A | 0.58% | 3.55% | 0.58% | |
| CRWD | C | 0.16% | 0.31% | 0.16% | |
| CSCO | A | 0.77% | 1.85% | 0.77% | |
| DASH | A | 0.11% | 0.2% | 0.11% | |
| DDOG | C | 0.13% | 0.16% | 0.13% | |
| DELL | C | 0.14% | 0.06% | 0.06% | |
| ENPH | F | 0.05% | 0.03% | 0.03% | |
| GLW | B | 0.26% | 0.04% | 0.04% | |
| GOOG | B | 1.94% | 1.44% | 1.44% | |
| GOOGL | B | 2.32% | 2.35% | 2.32% | |
| HUBS | B | 0.12% | 0.12% | 0.12% | |
| IBM | D | 0.56% | 1.97% | 0.56% | |
| ILMN | B | 0.06% | 0.06% | 0.06% | |
| KLAC | F | 0.39% | 0.37% | 0.37% | |
| LMT | D | 0.59% | 0.43% | 0.43% | |
| LPLA | A | 0.04% | 0.06% | 0.04% | |
| LRCX | D | 0.32% | 0.17% | 0.17% | |
| MA | A | 1.13% | 0.95% | 0.95% | |
| META | B | 2.87% | 1.84% | 1.84% | |
| MSFT | C | 6.87% | 7.68% | 6.87% | |
| MSTR | B | 0.15% | 0.2% | 0.15% | |
| MU | C | 0.33% | 0.43% | 0.33% | |
| NDAQ | B | 0.23% | 0.09% | 0.09% | |
| NOW | B | 0.58% | 2.03% | 0.58% | |
| NVDA | B | 7.04% | 8.67% | 7.04% | |
| ORCL | A | 0.7% | 3.33% | 0.7% | |
| PANW | A | 0.28% | 0.79% | 0.28% | |
| PINS | D | 0.03% | 0.16% | 0.03% | |
| PLTR | A | 0.24% | 0.52% | 0.24% | |
| QCOM | C | 0.35% | 1.41% | 0.35% | |
| SNAP | C | 0.06% | 0.08% | 0.06% | |
| SQ | C | 0.1% | 0.18% | 0.1% | |
| SSNC | C | 0.2% | 0.72% | 0.2% | |
| TEAM | B | 0.05% | 0.77% | 0.05% | |
| TRU | C | 0.1% | 0.18% | 0.1% | |
| TTD | B | 0.18% | 0.62% | 0.18% | |
| TXN | A | 0.62% | 0.31% | 0.31% | |
| UBER | F | 0.31% | 0.25% | 0.25% | |
| VEEV | B | 0.11% | 0.11% | 0.11% | |
| VRT | A | 0.09% | 0.09% | 0.09% | |
| WDAY | C | 0.12% | 0.63% | 0.12% | |
| ZM | A | 0.17% | 0.58% | 0.17% |
PHEQ Overweight 149 Positions Relative to IETC
| Symbol | Grade | Weight | |
|---|---|---|---|
| LLY | D | 1.6% | |
| JPM | B | 1.59% | |
| TSLA | B | 1.54% | |
| BRK.A | C | 1.39% | |
| XOM | B | 1.38% | |
| UNH | B | 1.3% | |
| V | B | 1.2% | |
| HD | B | 1.12% | |
| JNJ | D | 1.1% | |
| PG | D | 1.08% | |
| ABBV | B | 1.04% | |
| COST | B | 1.04% | |
| WMT | A | 0.93% | |
| BAC | B | 0.89% | |
| KO | D | 0.83% | |
| CVX | B | 0.78% | |
| PEP | F | 0.76% | |
| MRK | F | 0.76% | |
| NFLX | A | 0.74% | |
| LIN | D | 0.71% | |
| T | B | 0.66% | |
| TMO | F | 0.64% | |
| ABT | B | 0.6% | |
| WFC | B | 0.59% | |
| ISRG | A | 0.58% | |
| LOW | B | 0.56% | |
| CAT | B | 0.55% | |
| AXP | B | 0.55% | |
| MDT | C | 0.53% | |
| UNP | D | 0.51% | |
| AMGN | C | 0.5% | |
| TMUS | A | 0.49% | |
| DIS | C | 0.47% | |
| BMY | C | 0.46% | |
| MMM | C | 0.44% | |
| KKR | B | 0.44% | |
| DE | C | 0.44% | |
| WM | B | 0.43% | |
| CTAS | A | 0.41% | |
| TRGP | A | 0.39% | |
| VRTX | A | 0.38% | |
| TRV | B | 0.38% | |
| BKNG | B | 0.38% | |
| PRU | C | 0.37% | |
| DAL | B | 0.36% | |
| ETR | B | 0.36% | |
| K | A | 0.35% | |
| MS | B | 0.35% | |
| BA | F | 0.35% | |
| KMB | D | 0.34% | |
| AVB | A | 0.34% | |
| PPL | B | 0.33% | |
| HWM | B | 0.33% | |
| YUM | C | 0.33% | |
| OTIS | B | 0.33% | |
| RSG | B | 0.33% | |
| DOV | B | 0.32% | |
| LNT | D | 0.32% | |
| CMS | D | 0.32% | |
| ROST | D | 0.32% | |
| EQR | D | 0.32% | |
| HIG | C | 0.32% | |
| EXR | D | 0.32% | |
| DTE | D | 0.32% | |
| PHM | D | 0.31% | |
| SCHW | B | 0.31% | |
| DOC | B | 0.31% | |
| BRO | B | 0.3% | |
| LH | A | 0.3% | |
| AEE | A | 0.29% | |
| COR | B | 0.29% | |
| DRI | B | 0.29% | |
| HBAN | B | 0.28% | |
| MELI | D | 0.27% | |
| APO | B | 0.27% | |
| PYPL | A | 0.26% | |
| ARES | B | 0.26% | |
| MAA | C | 0.26% | |
| NEM | D | 0.26% | |
| CNP | B | 0.26% | |
| FANG | D | 0.25% | |
| AME | A | 0.25% | |
| LII | A | 0.25% | |
| RMD | B | 0.25% | |
| REGN | F | 0.25% | |
| LYB | F | 0.24% | |
| CFG | B | 0.24% | |
| URI | B | 0.24% | |
| ULTA | C | 0.24% | |
| JBHT | B | 0.24% | |
| FE | D | 0.24% | |
| ARE | D | 0.23% | |
| AMCR | D | 0.23% | |
| L | A | 0.23% | |
| EXPD | D | 0.23% | |
| SYF | B | 0.23% | |
| MRVL | B | 0.23% | |
| MRO | B | 0.22% | |
| MKL | B | 0.21% | |
| HEI | C | 0.21% | |
| WRB | B | 0.2% | |
| CPB | D | 0.2% | |
| LULU | D | 0.2% | |
| LNG | A | 0.19% | |
| IFF | F | 0.19% | |
| CAG | F | 0.19% | |
| ESS | C | 0.19% | |
| PPG | F | 0.19% | |
| PFG | C | 0.19% | |
| CSL | C | 0.18% | |
| APTV | F | 0.18% | |
| SPOT | B | 0.17% | |
| DVN | F | 0.17% | |
| WBD | C | 0.16% | |
| ALNY | B | 0.16% | |
| ON | D | 0.16% | |
| MOH | F | 0.15% | |
| HAL | D | 0.15% | |
| NDSN | C | 0.14% | |
| ZBH | C | 0.14% | |
| MGM | F | 0.14% | |
| HEI | C | 0.13% | |
| HUBB | B | 0.13% | |
| TW | B | 0.11% | |
| SUI | F | 0.11% | |
| FCNCA | B | 0.11% | |
| STLD | B | 0.1% | |
| RBLX | B | 0.1% | |
| CE | F | 0.09% | |
| DOX | A | 0.09% | |
| IBKR | B | 0.09% | |
| SCCO | D | 0.08% | |
| ZS | C | 0.08% | |
| BLDR | D | 0.08% | |
| AVTR | F | 0.07% | |
| NET | C | 0.07% | |
| DKNG | C | 0.07% | |
| AGR | C | 0.07% | |
| YUMC | B | 0.07% | |
| SNOW | C | 0.05% | |
| OWL | B | 0.05% | |
| WLK | F | 0.04% | |
| RKT | D | 0.04% | |
| RPRX | F | 0.04% | |
| SIRI | D | 0.03% | |
| OKTA | D | 0.03% | |
| MRNA | F | 0.02% | |
| WSM | F | 0.02% | |
| WMG | B | 0.02% |
PHEQ Underweight 63 Positions Relative to IETC
| Symbol | Grade | Weight | |
|---|---|---|---|
| ACN | C | -4.18% | |
| MSI | A | -2.32% | |
| VRSN | D | -2.0% | |
| CDNS | B | -1.83% | |
| ICE | D | -1.68% | |
| MANH | C | -1.26% | |
| FTNT | A | -1.07% | |
| GPN | C | -1.07% | |
| PH | B | -0.96% | |
| NTAP | C | -0.79% | |
| EQIX | B | -0.78% | |
| MPWR | F | -0.72% | |
| ADSK | A | -0.7% | |
| ANET | C | -0.64% | |
| TYL | B | -0.64% | |
| VRSK | A | -0.64% | |
| CDW | F | -0.63% | |
| IT | B | -0.62% | |
| CSGP | D | -0.39% | |
| ANSS | B | -0.39% | |
| MCO | C | -0.34% | |
| FDS | B | -0.3% | |
| G | B | -0.29% | |
| TTEK | C | -0.26% | |
| KEYS | A | -0.19% | |
| MMC | C | -0.19% | |
| SNPS | B | -0.19% | |
| CACI | B | -0.18% | |
| SWKS | F | -0.15% | |
| QLYS | C | -0.15% | |
| IQV | F | -0.14% | |
| EA | B | -0.12% | |
| MSCI | B | -0.12% | |
| IPG | F | -0.11% | |
| NSIT | F | -0.11% | |
| IRM | C | -0.1% | |
| TER | F | -0.1% | |
| SLB | D | -0.09% | |
| FBIN | D | -0.08% | |
| CFLT | C | -0.08% | |
| JNPR | C | -0.07% | |
| CBOE | D | -0.07% | |
| ADP | A | -0.07% | |
| BBY | D | -0.07% | |
| QRVO | F | -0.07% | |
| ROK | B | -0.07% | |
| TDY | A | -0.06% | |
| INTU | A | -0.06% | |
| SLAB | F | -0.06% | |
| SAIC | B | -0.06% | |
| DOCN | D | -0.05% | |
| CPAY | B | -0.05% | |
| MMS | C | -0.05% | |
| APPN | B | -0.04% | |
| CL | F | -0.04% | |
| DXC | C | -0.04% | |
| BILL | B | -0.03% | |
| ZI | C | -0.02% | |
| XYL | F | -0.02% | |
| RIVN | F | -0.01% | |
| GDDY | A | -0.01% | |
| GRAL | C | -0.0% | |
| FTV | F | -0.0% |
PHEQ: Top Represented Industries & Keywords
Industries:
Software - Application
Software - Infrastructure
Semiconductors
Drug Manufacturers - Major
Internet Content & Information
Specialty Chemicals
Utilities - Regulated Electric
Biotechnology
Capital Markets
Credit Services
Diversified Industrials
REIT - Residential
Asset Management
Insurance - Property & Casualty
Medical Devices
Specialty Retail
Aerospace & Defense
Banks - Global
Banks - Regional - US
Business Services
IETC: Top Represented Industries & Keywords
Industries:
Software - Application
Business Services
Semiconductors
Information Technology Services
Software - Infrastructure
Internet Content & Information
Capital Markets
Semiconductor Equipment & Materials
Communication Equipment
Diagnostics & Research
Diversified Industrials
Financial Data & Stock Exchanges
Scientific & Technical Instruments
Computer Systems
Internet Content & Information
Specialty Retail
Advertising Agencies
Aerospace & Defense
Auto Manufacturers
Conglomerates
Keywords:
S&P 500
Nasdaq 100
Computing
Cloud Computing
Work From Home
Semiconductor
Mobile Devices
Software
Cloud Infrastructure
Electronics
Software As A Service
Operating System
Integrated Circuits
Telecommunications
Financial Management
Smartphones
Software Platform
Aerospace
CRM
Dow Jones Component
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