PHEQ vs. SKYU ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to ProShares Ultra Cloud Computing (SKYU)

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

$29.14

Average Daily Volume

21,561

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

SKYU

ProShares Ultra Cloud Computing

SKYU Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the ISE CTA Cloud Computing Index. The index is comprised of companies classified as cloud computing companies by the CTA. The Advisor expects that its cash balances maintained in connection with the use of financial instruments will typically be held in money market instruments. It invests in common stock issued by public companies. The fund invests in derivatives, which are financial instruments whose value is derived from the value of an underlying asset or assets. It is non-diversified.

Grade (RS Rating)

Last Trade

$34.45

Average Daily Volume

2,986

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	SKYU
30 Days	1.73%	25.06%
60 Days	3.05%	42.98%
90 Days	4.04%	47.32%
12 Months	17.22%	99.39%

21 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in SKYU	Overlap
AMZN	A	4.2%	2.54%	2.54%
CRM	B	0.66%	1.34%	0.66%
CRWD	B	0.17%	0.42%	0.17%
CSCO	A	0.8%	1.68%	0.8%
DDOG	B	0.12%	0.41%	0.12%
DELL	C	0.15%	1.31%	0.15%
GOOGL	C	2.38%	2.36%	2.36%
HUBS	B	0.15%	1.33%	0.15%
IBM	D	0.57%	2.33%	0.57%
MSFT	C	6.62%	2.23%	2.23%
NET	B	0.07%	1.62%	0.07%
NOW	A	0.63%	1.29%	0.63%
ORCL	A	0.75%	2.76%	0.75%
PANW	B	0.3%	0.37%	0.3%
SNOW	C	0.06%	0.39%	0.06%
TEAM	B	0.06%	1.52%	0.06%
TTD	B	0.19%	0.44%	0.19%
VEEV	B	0.11%	0.37%	0.11%
WDAY	B	0.13%	0.35%	0.13%
ZM	B	0.19%	0.43%	0.19%
ZS	B	0.09%	0.35%	0.09%

PHEQ Overweight 182 Positions Relative to SKYU

Symbol	Grade	Weight
NVDA	A	7.38%
AAPL	C	6.78%
META	B	2.79%
GOOG	C	1.99%
TSLA	B	1.94%
AVGO	C	1.82%
JPM	A	1.68%
LLY	F	1.52%
UNH	B	1.41%
BRK.A	B	1.4%
XOM	B	1.4%
V	A	1.27%
MA	B	1.15%
HD	B	1.13%
COST	B	1.09%
PG	C	1.06%
JNJ	D	1.03%
WMT	A	0.96%
BAC	A	0.95%
ABBV	F	0.87%
CVX	A	0.8%
NFLX	A	0.79%
KO	F	0.79%
PEP	D	0.74%
MRK	F	0.7%
LIN	D	0.67%
T	A	0.66%
WFC	A	0.65%
TMO	F	0.62%
TXN	B	0.62%
LMT	D	0.61%
ABT	C	0.6%
ISRG	A	0.59%
LOW	B	0.57%
AXP	B	0.57%
CAT	B	0.56%
AMD	F	0.54%
TMUS	A	0.52%
UNP	D	0.52%
MDT	D	0.51%
ADBE	C	0.5%
BMY	B	0.5%
DIS	B	0.49%
AMGN	F	0.47%
KKR	B	0.47%
WM	A	0.45%
TRGP	B	0.45%
CTAS	B	0.44%
MMM	C	0.44%
DE	D	0.43%
ETR	B	0.4%
MS	A	0.39%
DAL	A	0.39%
BKNG	A	0.39%
VRTX	B	0.38%
TRV	B	0.38%
PRU	B	0.36%
HWM	B	0.36%
KLAC	F	0.36%
RSG	B	0.35%
SCHW	B	0.34%
K	A	0.34%
AVB	B	0.34%
DOV	A	0.33%
MU	D	0.33%
BA	F	0.33%
YUM	B	0.33%
HIG	C	0.33%
PPL	A	0.33%
OTIS	D	0.33%
QCOM	F	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%
LRCX	F	0.31%
DTE	D	0.31%
EXR	D	0.31%
EQR	C	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%
UBER	F	0.28%
AME	A	0.28%
PYPL	A	0.28%
SYF	B	0.27%
MAA	C	0.27%
CNP	B	0.27%
ARES	B	0.26%
MRVL	B	0.26%
GLW	B	0.26%
MELI	D	0.26%
URI	B	0.25%
FANG	C	0.25%
JBHT	C	0.25%
RMD	C	0.25%
CFG	B	0.25%
LII	B	0.25%
ULTA	C	0.24%
NDAQ	B	0.24%
EXPD	C	0.23%
NEM	F	0.23%
MRO	B	0.23%
L	A	0.23%
FE	D	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%
PFG	C	0.2%
WRB	B	0.2%
CSL	B	0.19%
CPB	F	0.19%
ESS	C	0.19%
SPOT	A	0.18%
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%
ABNB	C	0.15%
ALNY	D	0.15%
MOH	F	0.15%
BAH	C	0.15%
ON	F	0.15%
ZBH	C	0.14%
HEI	A	0.14%
NDSN	B	0.14%
COIN	B	0.13%
RBLX	B	0.13%
DASH	A	0.13%
HUBB	C	0.13%
FCNCA	B	0.13%
SQ	B	0.12%
MGM	D	0.12%
TW	B	0.11%
IBKR	A	0.11%
STLD	C	0.11%
TRU	D	0.1%
VRT	B	0.1%
SUI	F	0.1%
DOX	C	0.09%
DKNG	B	0.08%
BLDR	C	0.08%
AGR	C	0.07%
SCCO	F	0.07%
YUMC	C	0.07%
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%
OKTA	C	0.04%
RKT	F	0.04%
RPRX	F	0.04%
BSY	F	0.04%
CPNG	B	0.03%
PINS	F	0.03%
SIRI	C	0.03%
ENPH	F	0.03%
WSM	F	0.02%
WMG	B	0.02%
MRNA	F	0.01%

PHEQ Underweight 39 Positions Relative to SKYU

Symbol	Grade	Weight
LUMN	C	-2.74%
ANET	C	-2.61%
NTNX	B	-2.32%
PSTG	D	-2.26%
APP	B	-2.02%
MDB	C	-1.78%
TWLO	B	-1.6%
CFLT	B	-1.41%
GTLB	B	-1.35%
SHOP	B	-1.22%
WK	B	-1.2%
HPE	B	-1.17%
NTAP	D	-1.09%
RBRK	B	-0.97%
RNG	C	-0.97%
DOCN	C	-0.92%
FIVN	C	-0.91%
SAP	B	-0.81%
WIX	B	-0.75%
APPN	C	-0.66%
PAYC	B	-0.5%
TOST	A	-0.47%
DOCU	B	-0.46%
PCTY	B	-0.46%
QTWO	B	-0.44%
ZUO	B	-0.43%
BL	B	-0.43%
SMAR	A	-0.43%
FSLY	D	-0.42%
ESTC	C	-0.41%
DBX	B	-0.4%
QLYS	B	-0.39%
INTU	A	-0.38%
BOX	A	-0.38%
ASAN	C	-0.35%
APPF	B	-0.35%
BLKB	C	-0.35%
OTEX	F	-0.34%
SPT	C	-0.33%