PHEQ vs. RAFE ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to PIMCO RAFI ESG U.S. ETF (RAFE)

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

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$37.82

Average Daily Volume

12,485

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	RAFE
30 Days	1.99%	1.92%
60 Days	3.02%	3.06%
90 Days	3.86%	4.90%
12 Months	16.61%	24.12%

72 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in RAFE	Overlap
AAPL	C	6.85%	6.52%	6.52%
ABBV	D	0.85%	1.53%	0.85%
ABT	B	0.6%	1.18%	0.6%
ADBE	C	0.48%	0.63%	0.48%
AKAM	D	0.16%	0.07%	0.07%
AMD	F	0.51%	0.06%	0.06%
AMGN	D	0.45%	1.08%	0.45%
AVB	B	0.35%	0.16%	0.16%
AVGO	D	1.71%	1.26%	1.26%
AXP	A	0.57%	0.63%	0.57%
BAC	A	0.98%	0.86%	0.86%
BMY	B	0.48%	1.97%	0.48%
CAG	D	0.17%	0.07%	0.07%
COR	B	0.3%	0.13%	0.13%
CPB	D	0.18%	0.05%	0.05%
CRM	B	0.63%	0.58%	0.58%
CSCO	B	0.79%	2.94%	0.79%
DE	A	0.44%	0.54%	0.44%
DELL	C	0.14%	0.13%	0.13%
DIS	B	0.57%	1.2%	0.57%
DOV	A	0.33%	0.06%	0.06%
DOX	D	0.09%	0.08%	0.08%
EQR	B	0.32%	0.16%	0.16%
ESS	B	0.19%	0.05%	0.05%
HD	A	1.15%	1.77%	1.15%
HIG	B	0.33%	0.27%	0.27%
IBM	C	0.56%	1.81%	0.56%
IFF	D	0.16%	0.12%	0.12%
ILMN	D	0.05%	0.08%	0.05%
ISRG	A	0.58%	0.14%	0.14%
JNJ	D	1.04%	3.18%	1.04%
JPM	A	1.73%	4.09%	1.73%
K	A	0.34%	0.18%	0.18%
KLAC	D	0.34%	0.21%	0.21%
KMB	D	0.33%	0.3%	0.3%
KO	D	0.77%	0.98%	0.77%
LH	C	0.31%	0.19%	0.19%
LIN	D	0.67%	1.12%	0.67%
LLY	F	1.39%	0.67%	0.67%
LOW	D	0.57%	1.14%	0.57%
LRCX	F	0.29%	0.5%	0.29%
MA	C	1.14%	0.79%	0.79%
MAA	B	0.27%	0.07%	0.07%
META	D	2.66%	1.2%	1.2%
MMM	D	0.44%	1.07%	0.44%
MRK	F	0.69%	1.69%	0.69%
MRVL	B	0.25%	0.13%	0.13%
MSFT	F	6.55%	5.72%	5.72%
MU	D	0.31%	0.95%	0.31%
NDAQ	A	0.24%	0.07%	0.07%
NEM	D	0.23%	0.46%	0.23%
NFLX	A	0.8%	0.09%	0.09%
NVDA	C	7.12%	1.12%	1.12%
ON	D	0.14%	0.1%	0.1%
ORCL	B	0.73%	1.68%	0.73%
OTIS	C	0.33%	0.12%	0.12%
PEP	F	0.72%	0.28%	0.28%
PFG	D	0.2%	0.2%	0.2%
PG	A	1.09%	2.84%	1.09%
PPG	F	0.18%	0.2%	0.18%
PRU	A	0.37%	0.51%	0.37%
PYPL	B	0.28%	0.62%	0.28%
QCOM	F	0.33%	1.6%	0.33%
RSG	A	0.34%	0.04%	0.04%
T	A	0.68%	2.41%	0.68%
TMUS	B	0.51%	0.46%	0.46%
TSLA	B	1.91%	0.49%	0.49%
TXN	C	0.59%	0.83%	0.59%
UNH	C	1.37%	0.58%	0.58%
V	A	1.28%	1.09%	1.09%
WFC	A	0.67%	2.82%	0.67%
WM	A	0.44%	0.44%	0.44%

PHEQ Overweight 131 Positions Relative to RAFE

Symbol	Grade	Weight
AMZN	C	4.1%
GOOGL	C	2.28%
GOOG	C	1.9%
BRK.A	B	1.42%
XOM	B	1.4%
COST	B	1.07%
WMT	A	0.96%
CVX	A	0.84%
NOW	A	0.61%
TMO	F	0.59%
LMT	D	0.58%
CAT	B	0.55%
UNP	C	0.52%
MDT	D	0.51%
TRGP	B	0.46%
KKR	A	0.46%
CTAS	B	0.42%
ETR	B	0.4%
TRV	B	0.39%
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%
LNT	A	0.33%
YUM	B	0.33%
EXR	D	0.32%
BA	F	0.32%
ROST	C	0.32%
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%
PHM	D	0.3%
APO	B	0.3%
UBER	D	0.29%
DOC	D	0.29%
CNP	B	0.28%
AME	A	0.28%
SYF	B	0.27%
CFG	B	0.26%
MELI	D	0.25%
LII	A	0.25%
ARES	A	0.25%
GLW	B	0.25%
MRO	B	0.24%
L	A	0.24%
FE	C	0.24%
URI	B	0.24%
JBHT	C	0.24%
RMD	C	0.24%
FANG	D	0.24%
MKL	A	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%
AMCR	D	0.21%
LULU	C	0.21%
MSTR	C	0.2%
SPOT	B	0.19%
TTD	B	0.18%
ZM	B	0.18%
WBD	C	0.18%
CSL	C	0.18%
CRWD	B	0.17%
DVN	F	0.17%
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%
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%
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%
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 166 Positions Relative to RAFE

Symbol	Grade	Weight
C	A	-3.25%
INTC	D	-2.85%
PFE	D	-2.32%
GM	B	-2.16%
VZ	C	-1.69%
CMCSA	B	-1.55%
CI	F	-1.3%
TGT	F	-1.18%
F	C	-1.14%
GILD	C	-0.99%
GS	A	-0.98%
ACN	C	-0.97%
ELV	F	-0.89%
AMAT	F	-0.81%
HPQ	B	-0.72%
BLK	C	-0.71%
HPE	B	-0.7%
MET	A	-0.7%
DD	D	-0.59%
ALL	A	-0.58%
JCI	C	-0.55%
UPS	C	-0.54%
BBY	D	-0.5%
DOW	F	-0.5%
TJX	A	-0.49%
NKE	D	-0.48%
DHR	F	-0.46%
ADP	B	-0.45%
FDX	B	-0.45%
IP	B	-0.43%
MCK	B	-0.43%
APD	A	-0.42%
EBAY	D	-0.41%
HUM	C	-0.41%
CVS	D	-0.4%
WDC	D	-0.37%
ADI	D	-0.37%
CARR	D	-0.37%
CBRE	B	-0.37%
CL	D	-0.37%
FIS	C	-0.36%
WELL	A	-0.33%
ADM	D	-0.33%
GIS	D	-0.32%
BDX	F	-0.32%
ITW	B	-0.31%
EA	A	-0.31%
NTAP	C	-0.29%
MDLZ	F	-0.29%
CAH	B	-0.29%
MAR	B	-0.28%
FI	A	-0.28%
BIIB	F	-0.27%
GEHC	F	-0.27%
CCI	D	-0.27%
STT	A	-0.26%
WY	D	-0.26%
ECL	D	-0.26%
EIX	B	-0.25%
PGR	A	-0.25%
AMP	A	-0.25%
SYY	B	-0.24%
EQIX	A	-0.24%
VTR	C	-0.23%
OC	A	-0.22%
MSI	B	-0.21%
LUMN	C	-0.21%
WHR	B	-0.21%
CMI	A	-0.21%
JLL	D	-0.21%
PARA	C	-0.2%
KHC	F	-0.2%
JNPR	F	-0.19%
IRM	D	-0.19%
FOXA	B	-0.19%
MOS	F	-0.19%
AMT	D	-0.19%
BK	A	-0.19%
BAX	D	-0.18%
CTSH	B	-0.18%
VFC	C	-0.18%
DVA	B	-0.17%
GWW	B	-0.17%
TPR	B	-0.16%
CF	B	-0.16%
BALL	D	-0.16%
MCO	B	-0.16%
EW	C	-0.16%
PKG	A	-0.15%
ARW	D	-0.15%
DG	F	-0.15%
HLT	A	-0.15%
SHW	A	-0.15%
A	D	-0.15%
KDP	D	-0.14%
AWK	D	-0.14%
OMC	C	-0.14%
KSS	F	-0.14%
ZTS	D	-0.14%
FAST	B	-0.13%
CDNS	B	-0.13%
FITB	A	-0.13%
CNC	D	-0.13%
TROW	B	-0.12%
EL	F	-0.12%
SYK	C	-0.12%
HOLX	D	-0.11%
PAYX	C	-0.11%
WAT	B	-0.11%
HST	C	-0.11%
TSCO	D	-0.11%
SWK	D	-0.11%
BSX	B	-0.11%
GAP	C	-0.11%
PVH	C	-0.11%
KEYS	A	-0.1%
SPGI	C	-0.1%
LKQ	D	-0.09%
WAB	B	-0.09%
SOLV	C	-0.09%
HCA	F	-0.09%
WBA	F	-0.09%
VTRS	A	-0.09%
AVT	C	-0.09%
SJM	D	-0.09%
USFD	A	-0.09%
TER	D	-0.09%
CDW	F	-0.09%
SNPS	B	-0.08%
GPC	D	-0.08%
PLD	D	-0.08%
LNC	B	-0.08%
LEA	D	-0.08%
DXC	B	-0.07%
DGX	A	-0.07%
KIM	A	-0.07%
CHD	B	-0.07%
HUN	F	-0.07%
TSN	B	-0.07%
NTRS	A	-0.07%
NWSA	B	-0.07%
KD	B	-0.06%
HSY	F	-0.06%
HSIC	B	-0.06%
EQH	B	-0.06%
GT	C	-0.06%
MCHP	D	-0.06%
MHK	D	-0.05%
XRX	F	-0.05%
HAS	D	-0.05%
CTVA	C	-0.05%
FL	F	-0.05%
ORLY	B	-0.05%
ROK	B	-0.05%
AAP	C	-0.04%
OGN	D	-0.04%
WU	D	-0.04%
GEN	B	-0.04%
AGCO	D	-0.04%
NWL	B	-0.04%
FLEX	A	-0.04%
MAN	D	-0.03%
M	D	-0.03%
O	D	-0.02%
ANET	C	-0.02%
HRL	D	-0.01%