PHEQ vs. KNGZ ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ)

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

$29.57

Average Daily Volume

19,326

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

KNGZ

First Trust S&P 500 Diversified Dividend Aristocrats ETF

KNGZ Description

The fund will normally invest at least 90% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the index. According to the index provider to the new index, the new index measures the performance of companies within the S&P 500 Index that have demonstrated stable or increasing dividend per share amounts.

Grade (RS Rating)

Last Trade

$35.18

Average Daily Volume

7,335

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	KNGZ
30 Days	1.99%	1.79%
60 Days	3.02%	2.01%
90 Days	3.86%	4.31%
12 Months	16.61%	25.92%

30 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in KNGZ	Overlap
ABBV	D	0.85%	1.05%	0.85%
ABT	B	0.6%	0.71%	0.6%
AMCR	D	0.21%	0.59%	0.21%
AVB	B	0.35%	0.32%	0.32%
BMY	B	0.48%	1.88%	0.48%
CAG	D	0.17%	0.81%	0.17%
CVX	A	0.84%	0.84%	0.84%
ESS	B	0.19%	0.35%	0.19%
ETR	B	0.4%	0.42%	0.4%
GLW	B	0.25%	3.11%	0.25%
HD	A	1.15%	1.01%	1.01%
IBM	C	0.56%	3.78%	0.56%
JNJ	D	1.04%	1.07%	1.04%
K	A	0.34%	0.57%	0.34%
KLAC	D	0.34%	0.87%	0.34%
KMB	D	0.33%	0.7%	0.33%
LMT	D	0.58%	0.5%	0.5%
LOW	D	0.57%	0.74%	0.57%
MAA	B	0.27%	0.4%	0.27%
MDT	D	0.51%	1.07%	0.51%
MRK	F	0.69%	0.94%	0.69%
MSFT	F	6.55%	0.92%	0.92%
PFG	D	0.2%	1.02%	0.2%
PRU	A	0.37%	1.4%	0.37%
QCOM	F	0.33%	2.27%	0.33%
TRV	B	0.39%	0.59%	0.39%
TXN	C	0.59%	3.1%	0.59%
UNH	C	1.37%	0.56%	0.56%
UNP	C	0.52%	0.55%	0.52%
XOM	B	1.4%	0.59%	0.59%

PHEQ Overweight 173 Positions Relative to KNGZ

Symbol	Grade	Weight
NVDA	C	7.12%
AAPL	C	6.85%
AMZN	C	4.1%
META	D	2.66%
GOOGL	C	2.28%
TSLA	B	1.91%
GOOG	C	1.9%
JPM	A	1.73%
AVGO	D	1.71%
BRK.A	B	1.42%
LLY	F	1.39%
V	A	1.28%
MA	C	1.14%
PG	A	1.09%
COST	B	1.07%
BAC	A	0.98%
WMT	A	0.96%
NFLX	A	0.8%
CSCO	B	0.79%
KO	D	0.77%
ORCL	B	0.73%
PEP	F	0.72%
T	A	0.68%
WFC	A	0.67%
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%
CAT	B	0.55%
AMD	F	0.51%
TMUS	B	0.51%
ADBE	C	0.48%
TRGP	B	0.46%
KKR	A	0.46%
AMGN	D	0.45%
DE	A	0.44%
WM	A	0.44%
MMM	D	0.44%
CTAS	B	0.42%
DAL	C	0.39%
MS	A	0.39%
BKNG	A	0.39%
PLTR	B	0.36%
VRTX	F	0.36%
HWM	A	0.36%
SCHW	B	0.35%
PPL	B	0.34%
RSG	A	0.34%
LNT	A	0.33%
DOV	A	0.33%
YUM	B	0.33%
OTIS	C	0.33%
HIG	B	0.33%
EQR	B	0.32%
EXR	D	0.32%
BA	F	0.32%
ROST	C	0.32%
MU	D	0.31%
LH	C	0.31%
CMS	C	0.31%
BRO	B	0.31%
HBAN	A	0.31%
DTE	C	0.31%
PANW	C	0.3%
DRI	B	0.3%
AEE	A	0.3%
COR	B	0.3%
PHM	D	0.3%
APO	B	0.3%
UBER	D	0.29%
DOC	D	0.29%
LRCX	F	0.29%
CNP	B	0.28%
AME	A	0.28%
PYPL	B	0.28%
SYF	B	0.27%
CFG	B	0.26%
MRVL	B	0.25%
MELI	D	0.25%
LII	A	0.25%
ARES	A	0.25%
MRO	B	0.24%
L	A	0.24%
FE	C	0.24%
NDAQ	A	0.24%
URI	B	0.24%
JBHT	C	0.24%
RMD	C	0.24%
FANG	D	0.24%
MKL	A	0.23%
NEM	D	0.23%
ULTA	F	0.23%
EXPD	D	0.23%
LNG	B	0.22%
LYB	F	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%
PPG	F	0.18%
WBD	C	0.18%
CPB	D	0.18%
CSL	C	0.18%
CRWD	B	0.17%
DVN	F	0.17%
IFF	D	0.16%
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%
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%
MRNA	F	0.01%

PHEQ Underweight 65 Positions Relative to KNGZ

Symbol	Grade	Weight
HPQ	B	-3.92%
HPE	B	-3.5%
VZ	C	-3.38%
MCHP	D	-2.44%
IPG	D	-2.25%
BEN	C	-2.13%
ACN	C	-2.04%
ADI	D	-1.83%
CMCSA	B	-1.71%
HAS	D	-1.62%
CVS	D	-1.58%
TROW	B	-1.55%
OMC	C	-1.52%
BBY	D	-1.5%
GPC	D	-1.39%
APH	A	-1.31%
NTRS	A	-1.14%
UPS	C	-1.1%
MTB	A	-1.09%
MCD	D	-0.99%
GRMN	B	-0.98%
OKE	A	-0.92%
PM	B	-0.89%
CINF	A	-0.86%
MET	A	-0.86%
KVUE	A	-0.76%
DGX	A	-0.74%
CAH	B	-0.74%
TSN	B	-0.72%
PAYX	C	-0.72%
BLK	C	-0.72%
HRL	D	-0.71%
NKE	D	-0.71%
CTRA	B	-0.71%
SNA	A	-0.69%
EG	C	-0.66%
CME	A	-0.66%
CI	F	-0.62%
SWK	D	-0.62%
GIS	D	-0.62%
CMI	A	-0.61%
ITW	B	-0.59%
AFL	B	-0.58%
FAST	B	-0.58%
EOG	A	-0.57%
CHRW	C	-0.56%
BDX	F	-0.55%
POOL	C	-0.55%
NSC	B	-0.55%
EMR	A	-0.55%
ADP	B	-0.52%
EVRG	A	-0.48%
O	D	-0.48%
LHX	C	-0.48%
FMC	D	-0.47%
LEN	D	-0.46%
PNW	B	-0.46%
ES	D	-0.43%
FRT	B	-0.41%
EMN	D	-0.4%
EIX	B	-0.4%
AEP	D	-0.37%
CF	B	-0.36%
DLR	B	-0.36%
APD	A	-0.35%