PHEQ vs. LGLV ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV)

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

LGLV

SPDR SSGA US Large Cap Low Volatility Index ETF

LGLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA US Large Cap Low Volatility Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the stocks of U.S. large capitalization companies that exhibit low volatility. Volatility is a statistical measurement of the magnitude of movements in a stock's price over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$175.44

Average Daily Volume

18,622

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	LGLV
30 Days	1.99%	2.50%
60 Days	3.02%	3.84%
90 Days	3.86%	6.74%
12 Months	16.61%	27.62%

53 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in LGLV	Overlap
ABT	B	0.6%	0.64%	0.6%
AEE	A	0.3%	0.88%	0.3%
AKAM	D	0.16%	0.36%	0.16%
AMCR	D	0.21%	0.53%	0.21%
AME	A	0.28%	0.54%	0.28%
AVB	B	0.35%	1.06%	0.35%
BAH	F	0.12%	0.66%	0.12%
BMY	B	0.48%	0.78%	0.48%
BRK.A	B	1.42%	0.95%	0.95%
BRO	B	0.31%	0.83%	0.31%
CMS	C	0.31%	0.72%	0.31%
COR	B	0.3%	0.73%	0.3%
COST	B	1.07%	0.72%	0.72%
CSCO	B	0.79%	0.52%	0.52%
CVX	A	0.84%	0.33%	0.33%
DOX	D	0.09%	0.35%	0.09%
DTE	C	0.31%	0.91%	0.31%
EQR	B	0.32%	1.02%	0.32%
GOOGL	C	2.28%	0.53%	0.53%
HD	A	1.15%	0.51%	0.51%
IBM	C	0.56%	0.63%	0.56%
JNJ	D	1.04%	0.98%	0.98%
K	A	0.34%	0.83%	0.34%
L	A	0.24%	0.56%	0.24%
LIN	D	0.67%	1.13%	0.67%
LMT	D	0.58%	0.77%	0.58%
LNG	B	0.22%	0.44%	0.22%
LOW	D	0.57%	0.38%	0.38%
MAA	B	0.27%	0.67%	0.27%
MDT	D	0.51%	0.59%	0.51%
MKL	A	0.23%	0.76%	0.23%
MMM	D	0.44%	0.72%	0.44%
MRK	F	0.69%	0.52%	0.52%
MSFT	F	6.55%	0.66%	0.66%
NDAQ	A	0.24%	0.88%	0.24%
NDSN	B	0.14%	0.46%	0.14%
ORCL	B	0.73%	0.71%	0.71%
OTIS	C	0.33%	0.67%	0.33%
PEP	F	0.72%	1.18%	0.72%
PG	A	1.09%	1.02%	1.02%
RSG	A	0.34%	1.05%	0.34%
SUI	D	0.1%	0.56%	0.1%
T	A	0.68%	0.71%	0.68%
TRV	B	0.39%	0.85%	0.39%
TXN	C	0.59%	0.55%	0.55%
UNH	C	1.37%	0.79%	0.79%
UNP	C	0.52%	0.47%	0.47%
V	A	1.28%	0.64%	0.64%
WM	A	0.44%	0.85%	0.44%
WMT	A	0.96%	1.34%	0.96%
WRB	A	0.21%	0.66%	0.21%
XOM	B	1.4%	0.32%	0.32%
YUM	B	0.33%	0.4%	0.33%

PHEQ Overweight 150 Positions Relative to LGLV

Symbol	Grade	Weight
NVDA	C	7.12%
AAPL	C	6.85%
AMZN	C	4.1%
META	D	2.66%
TSLA	B	1.91%
GOOG	C	1.9%
JPM	A	1.73%
AVGO	D	1.71%
LLY	F	1.39%
MA	C	1.14%
BAC	A	0.98%
ABBV	D	0.85%
NFLX	A	0.8%
KO	D	0.77%
WFC	A	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%
CTAS	B	0.42%
ETR	B	0.4%
DAL	C	0.39%
MS	A	0.39%
BKNG	A	0.39%
PRU	A	0.37%
PLTR	B	0.36%
VRTX	F	0.36%
HWM	A	0.36%
SCHW	B	0.35%
PPL	B	0.34%
KLAC	D	0.34%
LNT	A	0.33%
DOV	A	0.33%
QCOM	F	0.33%
KMB	D	0.33%
HIG	B	0.33%
EXR	D	0.32%
BA	F	0.32%
ROST	C	0.32%
MU	D	0.31%
LH	C	0.31%
HBAN	A	0.31%
PANW	C	0.3%
DRI	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%
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%
GLW	B	0.25%
MRO	B	0.24%
FE	C	0.24%
URI	B	0.24%
JBHT	C	0.24%
RMD	C	0.24%
FANG	D	0.24%
NEM	D	0.23%
ULTA	F	0.23%
EXPD	D	0.23%
LYB	F	0.22%
HEI	B	0.22%
SSNC	B	0.21%
REGN	F	0.21%
ARE	D	0.21%
LULU	C	0.21%
PFG	D	0.2%
MSTR	C	0.2%
ESS	B	0.19%
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%
CAG	D	0.17%
DVN	F	0.17%
IFF	D	0.16%
HAL	C	0.16%
ABNB	C	0.15%
MOH	F	0.14%
APTV	D	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%
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%
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 108 Positions Relative to LGLV

Symbol	Grade	Weight
CL	D	-1.26%
XEL	A	-1.22%
APD	A	-1.19%
PEG	A	-1.14%
DUK	C	-1.09%
GIS	D	-1.05%
SO	D	-1.02%
PSA	D	-1.01%
WEC	A	-1.0%
VMC	B	-0.99%
PGR	A	-0.98%
EQIX	A	-0.93%
ED	D	-0.93%
VZ	C	-0.9%
MMC	B	-0.88%
AJG	B	-0.84%
CME	A	-0.83%
MCD	D	-0.82%
KMI	A	-0.82%
ALL	A	-0.81%
MSI	B	-0.81%
MCK	B	-0.79%
AMT	D	-0.78%
PKG	A	-0.77%
FI	A	-0.75%
INVH	D	-0.74%
ADP	B	-0.74%
CB	C	-0.72%
GRMN	B	-0.71%
WTW	B	-0.7%
AON	A	-0.7%
AFL	B	-0.7%
BDX	F	-0.7%
EA	A	-0.7%
GD	F	-0.68%
NOC	D	-0.68%
ICE	C	-0.68%
PAYX	C	-0.66%
TJX	A	-0.65%
FDS	B	-0.65%
TYL	B	-0.64%
ETN	A	-0.64%
CHKP	D	-0.61%
NI	A	-0.6%
HON	B	-0.6%
IEX	B	-0.6%
FOXA	B	-0.59%
J	F	-0.59%
VRSK	A	-0.58%
FAST	B	-0.58%
WMB	A	-0.58%
ROP	B	-0.57%
AVY	D	-0.56%
CASY	A	-0.55%
BR	A	-0.55%
RYAN	B	-0.54%
PCAR	B	-0.54%
GGG	B	-0.53%
ORLY	B	-0.52%
UDR	B	-0.52%
TSCO	D	-0.51%
ITW	B	-0.51%
VRSN	F	-0.49%
AZO	C	-0.48%
ROL	B	-0.47%
CNA	B	-0.47%
ELS	C	-0.47%
HLI	B	-0.46%
CMCSA	B	-0.45%
CHRW	C	-0.45%
CPT	B	-0.45%
AMH	D	-0.45%
SBUX	A	-0.44%
JKHY	D	-0.44%
NVR	D	-0.43%
SCI	B	-0.43%
ACN	C	-0.43%
AIZ	A	-0.41%
ATR	B	-0.4%
FTV	C	-0.4%
DTM	B	-0.36%
GL	B	-0.36%
CACI	D	-0.36%
CSGP	D	-0.36%
ORI	A	-0.35%
CBSH	A	-0.32%
DCI	B	-0.32%
GPK	C	-0.31%
SEIC	B	-0.31%
TTC	D	-0.3%
EGP	F	-0.29%
CHE	D	-0.29%
DLB	B	-0.28%
ADC	B	-0.28%
RLI	B	-0.26%
FR	C	-0.26%
CDP	C	-0.25%
GNTX	C	-0.24%
SAIC	F	-0.23%
LSTR	D	-0.23%
MSA	D	-0.23%
CWST	A	-0.22%
SIGI	C	-0.21%
DG	F	-0.19%
MMS	F	-0.18%
SON	D	-0.17%
NEU	C	-0.14%
SOLV	C	-0.1%