PHEQ vs. LRGF ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to iShares FactorSelect MSCI USA ETF (LRGF)

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

$29.38

Average Daily Volume

21,561

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

LRGF

iShares FactorSelect MSCI USA ETF

LRGF Description

The investment seeks to track the investment results of the MSCI USA Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is designed to select equity securities from MSCI USA Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$61.35

Average Daily Volume

88,064

Number of Holdings ^*

273

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	LRGF
30 Days	1.73%	2.75%
60 Days	3.05%	7.09%
90 Days	4.04%	8.47%
12 Months	17.22%	37.14%

93 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in LRGF	Overlap
AAPL	C	6.78%	6.31%	6.31%
ABBV	F	0.87%	1.06%	0.87%
ABNB	C	0.15%	0.33%	0.15%
ABT	C	0.6%	0.53%	0.53%
ADBE	C	0.5%	0.27%	0.27%
AMD	F	0.54%	0.14%	0.14%
AMGN	F	0.47%	0.46%	0.46%
AMZN	A	4.2%	2.98%	2.98%
AVB	B	0.34%	0.22%	0.22%
AVGO	C	1.82%	1.96%	1.82%
AXP	B	0.57%	0.23%	0.23%
BAC	A	0.95%	0.36%	0.36%
BKNG	A	0.39%	1.16%	0.39%
BLDR	C	0.08%	0.52%	0.08%
BMY	B	0.5%	0.67%	0.5%
BRK.A	B	1.4%	0.49%	0.49%
CAT	B	0.56%	0.28%	0.28%
COST	B	1.09%	0.53%	0.53%
CPNG	B	0.03%	0.12%	0.03%
CRM	B	0.66%	0.11%	0.11%
CRWD	B	0.17%	0.21%	0.17%
CSCO	A	0.8%	0.4%	0.4%
CTAS	B	0.44%	0.38%	0.38%
CVX	A	0.8%	0.52%	0.52%
DE	D	0.43%	0.03%	0.03%
DELL	C	0.15%	0.36%	0.15%
DTE	D	0.31%	0.13%	0.13%
EQR	C	0.31%	0.28%	0.28%
EXPD	C	0.23%	0.01%	0.01%
FE	D	0.23%	0.05%	0.05%
GOOG	C	1.99%	1.85%	1.85%
HD	B	1.13%	0.57%	0.57%
HIG	C	0.33%	0.03%	0.03%
HUBS	B	0.15%	0.14%	0.14%
IBKR	A	0.11%	0.43%	0.11%
IBM	D	0.57%	0.17%	0.17%
JNJ	D	1.03%	0.89%	0.89%
JPM	A	1.68%	1.6%	1.6%
KLAC	F	0.36%	0.33%	0.33%
KO	F	0.79%	0.62%	0.62%
LII	B	0.25%	0.03%	0.03%
LIN	D	0.67%	0.93%	0.67%
LLY	F	1.52%	1.1%	1.1%
LMT	D	0.61%	0.2%	0.2%
LOW	B	0.57%	0.57%	0.57%
LRCX	F	0.31%	0.22%	0.22%
MA	B	1.15%	0.74%	0.74%
MDT	D	0.51%	0.11%	0.11%
MELI	D	0.26%	0.37%	0.26%
META	B	2.79%	2.21%	2.21%
MGM	D	0.12%	0.03%	0.03%
MMM	C	0.44%	0.13%	0.13%
MOH	F	0.15%	0.18%	0.15%
MRK	F	0.7%	0.58%	0.58%
MRNA	F	0.01%	0.05%	0.01%
MRO	B	0.23%	0.09%	0.09%
MS	A	0.39%	0.1%	0.1%
MSFT	C	6.62%	5.63%	5.63%
NDAQ	B	0.24%	0.22%	0.22%
NFLX	A	0.79%	0.18%	0.18%
NOW	A	0.63%	0.04%	0.04%
NVDA	A	7.38%	6.62%	6.62%
OKTA	C	0.04%	0.11%	0.04%
ORCL	A	0.75%	0.16%	0.16%
OTIS	D	0.33%	0.28%	0.28%
PANW	B	0.3%	0.18%	0.18%
PEP	D	0.74%	0.86%	0.74%
PFG	C	0.2%	0.05%	0.05%
PG	C	1.06%	1.23%	1.06%
PRU	B	0.36%	0.19%	0.19%
QCOM	F	0.33%	0.48%	0.33%
RPRX	F	0.04%	0.01%	0.01%
SPOT	A	0.18%	0.13%	0.13%
STLD	C	0.11%	0.28%	0.11%
SYF	B	0.27%	0.26%	0.26%
T	A	0.66%	0.58%	0.58%
TEAM	B	0.06%	0.56%	0.06%
TMO	F	0.62%	0.28%	0.28%
TRV	B	0.38%	0.19%	0.19%
TSLA	B	1.94%	0.72%	0.72%
TXN	B	0.62%	0.05%	0.05%
UBER	F	0.28%	0.29%	0.28%
ULTA	C	0.24%	0.01%	0.01%
UNH	B	1.41%	0.91%	0.91%
V	A	1.27%	1.27%	1.27%
VRTX	B	0.38%	0.2%	0.2%
WFC	A	0.65%	0.48%	0.48%
WMT	A	0.96%	1.02%	0.96%
WSM	F	0.02%	0.37%	0.02%
XOM	B	1.4%	0.94%	0.94%
YUM	B	0.33%	0.3%	0.3%
ZBH	C	0.14%	0.03%	0.03%
ZS	B	0.09%	0.1%	0.09%

PHEQ Overweight 110 Positions Relative to LRGF

Symbol	Grade	Weight
GOOGL	C	2.38%
ISRG	A	0.59%
TMUS	A	0.52%
UNP	D	0.52%
DIS	B	0.49%
KKR	B	0.47%
WM	A	0.45%
TRGP	B	0.45%
ETR	B	0.4%
DAL	A	0.39%
HWM	B	0.36%
RSG	B	0.35%
SCHW	B	0.34%
K	A	0.34%
DOV	A	0.33%
MU	D	0.33%
BA	F	0.33%
PPL	A	0.33%
LH	B	0.32%
LNT	C	0.32%
ROST	D	0.32%
PLTR	B	0.32%
KMB	D	0.32%
CMS	D	0.31%
COR	B	0.31%
HBAN	A	0.31%
EXR	D	0.31%
BRO	B	0.31%
DOC	C	0.3%
DRI	B	0.3%
PHM	D	0.3%
AEE	B	0.3%
APO	B	0.3%
AME	A	0.28%
PYPL	A	0.28%
MAA	C	0.27%
CNP	B	0.27%
ARES	B	0.26%
MRVL	B	0.26%
GLW	B	0.26%
URI	B	0.25%
FANG	C	0.25%
JBHT	C	0.25%
RMD	C	0.25%
CFG	B	0.25%
NEM	F	0.23%
L	A	0.23%
HEI	A	0.22%
LNG	B	0.22%
MKL	A	0.22%
LYB	F	0.22%
REGN	F	0.22%
AMCR	D	0.21%
SSNC	C	0.21%
MSTR	B	0.21%
ARE	F	0.21%
LULU	B	0.21%
WRB	B	0.2%
CSL	B	0.19%
CPB	F	0.19%
ESS	C	0.19%
ZM	B	0.19%
TTD	B	0.19%
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	F	0.16%
APTV	F	0.15%
ALNY	D	0.15%
BAH	C	0.15%
ON	F	0.15%
HEI	A	0.14%
NDSN	B	0.14%
COIN	B	0.13%
WDAY	B	0.13%
RBLX	B	0.13%
DASH	A	0.13%
HUBB	C	0.13%
FCNCA	B	0.13%
SQ	B	0.12%
DDOG	B	0.12%
TW	B	0.11%
VEEV	B	0.11%
TRU	D	0.1%
VRT	B	0.1%
SUI	F	0.1%
DOX	C	0.09%
DKNG	B	0.08%
NET	B	0.07%
AGR	C	0.07%
SCCO	F	0.07%
YUMC	C	0.07%
SNOW	C	0.06%
ALGN	D	0.06%
ILMN	C	0.06%
AVTR	F	0.06%
LPLA	A	0.05%
SNAP	C	0.05%
CE	F	0.05%
OWL	B	0.05%
WLK	F	0.04%
RKT	F	0.04%
BSY	F	0.04%
PINS	F	0.03%
SIRI	C	0.03%
ENPH	F	0.03%
WMG	B	0.02%

PHEQ Underweight 180 Positions Relative to LRGF

Symbol	Grade	Weight
APP	B	-0.81%
MCD	C	-0.62%
BK	B	-0.61%
GS	B	-0.58%
FICO	B	-0.57%
MPC	D	-0.56%
ED	D	-0.52%
GILD	B	-0.52%
AWK	D	-0.52%
MCK	B	-0.5%
GM	B	-0.5%
AMAT	F	-0.48%
HPE	B	-0.48%
GEHC	D	-0.44%
VST	B	-0.44%
DUOL	A	-0.43%
NTNX	B	-0.43%
FTNT	B	-0.43%
CMCSA	B	-0.41%
SPGI	C	-0.41%
AMP	A	-0.4%
PAYX	B	-0.4%
PM	B	-0.39%
SPG	A	-0.38%
AFL	C	-0.37%
HOLX	D	-0.37%
ETN	B	-0.37%
AYI	A	-0.36%
IT	B	-0.36%
MANH	C	-0.35%
MSCI	B	-0.35%
KR	A	-0.35%
ANET	C	-0.34%
VZ	D	-0.34%
WY	F	-0.34%
JBL	C	-0.33%
HRB	D	-0.32%
VLO	C	-0.32%
CNM	D	-0.32%
CRH	B	-0.32%
PFE	F	-0.32%
DECK	B	-0.31%
ELV	F	-0.31%
EBAY	C	-0.31%
EMR	A	-0.31%
BRX	A	-0.31%
CR	B	-0.31%
DOCU	B	-0.31%
MLI	B	-0.3%
MEDP	D	-0.3%
MTD	F	-0.3%
FERG	B	-0.3%
AIG	B	-0.3%
TPR	A	-0.29%
TGT	C	-0.29%
INTU	A	-0.29%
PCOR	B	-0.28%
GTLB	B	-0.28%
RS	C	-0.28%
ALLY	C	-0.27%
EME	B	-0.27%
ANF	C	-0.26%
WING	D	-0.26%
JHG	A	-0.25%
BLK	A	-0.24%
RHI	B	-0.24%
PCAR	B	-0.23%
COF	B	-0.23%
GIS	F	-0.23%
NUE	D	-0.23%
FOXA	A	-0.23%
PSA	D	-0.23%
BBY	C	-0.23%
ITW	B	-0.22%
WFRD	F	-0.22%
SOLV	C	-0.22%
STT	B	-0.22%
DVA	C	-0.22%
AN	C	-0.21%
QLYS	B	-0.21%
DUK	D	-0.21%
MSI	B	-0.21%
CI	D	-0.21%
AMG	B	-0.2%
WEC	B	-0.2%
TT	B	-0.2%
SBUX	B	-0.19%
ETSY	D	-0.19%
CDNS	B	-0.19%
HPQ	B	-0.19%
SNPS	C	-0.19%
CVLT	B	-0.18%
IOT	B	-0.17%
ESTC	C	-0.17%
F	C	-0.17%
CVS	F	-0.17%
DKS	D	-0.17%
EXC	C	-0.16%
ADP	A	-0.16%
R	B	-0.16%
NEE	D	-0.16%
SYK	A	-0.16%
WTS	B	-0.15%
OMC	A	-0.15%
C	B	-0.15%
RMBS	C	-0.15%
ACN	B	-0.14%
SMAR	A	-0.14%
HUM	D	-0.14%
GE	D	-0.14%
BBWI	C	-0.14%
KMI	B	-0.14%
AZO	B	-0.14%
VOYA	B	-0.13%
NVT	C	-0.13%
SO	D	-0.12%
FNF	C	-0.12%
RL	B	-0.12%
RRC	B	-0.11%
GWW	B	-0.11%
MUSA	B	-0.11%
OLN	F	-0.11%
FI	A	-0.11%
TTEK	F	-0.11%
ELF	C	-0.11%
MDLZ	F	-0.1%
GL	B	-0.1%
COKE	C	-0.1%
MO	A	-0.1%
PH	A	-0.1%
HOG	D	-0.09%
UNM	A	-0.09%
MCHP	F	-0.09%
AMT	F	-0.09%
PVH	C	-0.08%
LNTH	F	-0.08%
APA	F	-0.08%
VLTO	D	-0.08%
AGNC	C	-0.07%
SRE	B	-0.07%
SHW	A	-0.07%
LPX	A	-0.07%
ADM	F	-0.07%
ACGL	C	-0.07%
PLD	D	-0.07%
CARR	C	-0.07%
CMC	B	-0.07%
CHTR	B	-0.07%
EXE	A	-0.07%
CEG	D	-0.06%
TAP	B	-0.06%
ACI	C	-0.06%
RGA	A	-0.06%
CRUS	F	-0.05%
COP	C	-0.05%
EG	D	-0.05%
THO	B	-0.04%
XRAY	F	-0.04%
HSY	F	-0.04%
BXP	D	-0.04%
DOW	F	-0.04%
SSD	F	-0.04%
SFM	B	-0.04%
UAL	A	-0.03%
MOD	D	-0.03%
AGCO	F	-0.03%
MET	C	-0.03%
AR	B	-0.03%
PATH	C	-0.02%
NTAP	D	-0.02%
BDX	F	-0.02%
BSX	A	-0.02%
NWSA	B	-0.02%
MUR	D	-0.02%
LYV	A	-0.02%
KHC	F	-0.02%
CVNA	B	-0.02%
PSX	C	-0.01%
EOG	A	-0.01%
FDX	B	-0.01%