PHEQ vs. SPYI ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to NEOS S&P 500 High Income ETF (SPYI)

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

SPYI

NEOS S&P 500 High Income ETF

SPYI Description

SHP ETF Trust - NEOS S&P 500 High Income ETF is an exchange traded fund launched by Faith Investor Services LLC. The fund is managed by Neos Investment Management, LLC. The fund invests in public equity markets of the United States. The fund invests directly and through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as options to create its portfolio. The fund invests in growth and value stocks of large-cap companies, within the market capitalization range of the S&P 500 Index. SHP ETF Trust - NEOS S&P 500 High Income ETF was formed on August 30, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$52.09

Average Daily Volume

607,658

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	SPYI
30 Days	1.99%	2.57%
60 Days	3.02%	4.02%
90 Days	3.86%	5.68%
12 Months	16.61%	22.34%

148 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in SPYI	Overlap
AAPL	C	6.85%	6.82%	6.82%
ABBV	D	0.85%	0.61%	0.61%
ABNB	C	0.15%	0.13%	0.13%
ABT	B	0.6%	0.46%	0.46%
ADBE	C	0.48%	0.5%	0.48%
AEE	A	0.3%	0.04%	0.04%
AKAM	D	0.16%	0.02%	0.02%
ALGN	D	0.06%	0.01%	0.01%
AMCR	D	0.21%	0.03%	0.03%
AMD	F	0.51%	0.51%	0.51%
AME	A	0.28%	0.08%	0.08%
AMGN	D	0.45%	0.34%	0.34%
AMZN	C	4.1%	3.87%	3.87%
APTV	D	0.14%	0.02%	0.02%
ARE	D	0.21%	0.02%	0.02%
AVB	B	0.35%	0.05%	0.05%
AVGO	D	1.71%	1.48%	1.48%
AXP	A	0.57%	0.35%	0.35%
BA	F	0.32%	0.18%	0.18%
BAC	A	0.98%	0.65%	0.65%
BKNG	A	0.39%	0.11%	0.11%
BLDR	D	0.08%	0.04%	0.04%
BMY	B	0.48%	0.27%	0.27%
BRK.A	B	1.42%	1.78%	1.42%
BRO	B	0.31%	0.05%	0.05%
CAG	D	0.17%	0.03%	0.03%
CAT	B	0.55%	0.45%	0.45%
CE	F	0.05%	0.0%	0.0%
CFG	B	0.26%	0.05%	0.05%
CMS	C	0.31%	0.04%	0.04%
CNP	B	0.28%	0.04%	0.04%
COR	B	0.3%	0.06%	0.06%
COST	B	1.07%	0.83%	0.83%
CPB	D	0.18%	0.01%	0.01%
CRM	B	0.63%	0.71%	0.63%
CRWD	B	0.17%	0.15%	0.15%
CSCO	B	0.79%	0.55%	0.55%
CTAS	B	0.42%	0.17%	0.17%
CVX	A	0.84%	0.57%	0.57%
DAL	C	0.39%	0.09%	0.09%
DE	A	0.44%	0.24%	0.24%
DELL	C	0.14%	0.08%	0.08%
DIS	B	0.57%	0.49%	0.49%
DOC	D	0.29%	0.03%	0.03%
DOV	A	0.33%	0.05%	0.05%
DRI	B	0.3%	0.04%	0.04%
DTE	C	0.31%	0.05%	0.05%
DVN	F	0.17%	0.05%	0.05%
ENPH	F	0.03%	0.01%	0.01%
EQR	B	0.32%	0.06%	0.06%
ESS	B	0.19%	0.01%	0.01%
ETR	B	0.4%	0.06%	0.06%
EXPD	D	0.23%	0.03%	0.03%
EXR	D	0.32%	0.07%	0.07%
FANG	D	0.24%	0.04%	0.04%
FE	C	0.24%	0.05%	0.05%
GLW	B	0.25%	0.08%	0.08%
GOOG	C	1.9%	1.8%	1.8%
GOOGL	C	2.28%	2.1%	2.1%
HAL	C	0.16%	0.06%	0.06%
HBAN	A	0.31%	0.06%	0.06%
HD	A	1.15%	0.82%	0.82%
HIG	B	0.33%	0.07%	0.07%
HUBB	B	0.13%	0.01%	0.01%
HWM	A	0.36%	0.1%	0.1%
IBM	C	0.56%	0.46%	0.46%
IFF	D	0.16%	0.04%	0.04%
ISRG	A	0.58%	0.43%	0.43%
JBHT	C	0.24%	0.01%	0.01%
JNJ	D	1.04%	0.78%	0.78%
JPM	A	1.73%	1.39%	1.39%
K	A	0.34%	0.03%	0.03%
KKR	A	0.46%	0.19%	0.19%
KLAC	D	0.34%	0.14%	0.14%
KMB	D	0.33%	0.08%	0.08%
KO	D	0.77%	0.5%	0.5%
L	A	0.24%	0.02%	0.02%
LH	C	0.31%	0.01%	0.01%
LIN	D	0.67%	0.46%	0.46%
LLY	F	1.39%	1.24%	1.24%
LMT	D	0.58%	0.23%	0.23%
LNT	A	0.33%	0.03%	0.03%
LOW	D	0.57%	0.32%	0.32%
LRCX	F	0.29%	0.16%	0.16%
LULU	C	0.21%	0.07%	0.07%
LYB	F	0.22%	0.04%	0.04%
MA	C	1.14%	0.89%	0.89%
MAA	B	0.27%	0.03%	0.03%
MDT	D	0.51%	0.26%	0.26%
META	D	2.66%	2.55%	2.55%
MGM	D	0.13%	0.02%	0.02%
MMM	D	0.44%	0.15%	0.15%
MOH	F	0.14%	0.01%	0.01%
MRK	F	0.69%	0.57%	0.57%
MRNA	F	0.01%	0.02%	0.01%
MRO	B	0.24%	0.04%	0.04%
MS	A	0.39%	0.39%	0.39%
MSFT	F	6.55%	6.28%	6.28%
MU	D	0.31%	0.25%	0.25%
NDAQ	A	0.24%	0.06%	0.06%
NDSN	B	0.14%	0.01%	0.01%
NEM	D	0.23%	0.11%	0.11%
NFLX	A	0.8%	0.75%	0.75%
NOW	A	0.61%	0.42%	0.42%
NVDA	C	7.12%	7.22%	7.12%
ON	D	0.14%	0.07%	0.07%
ORCL	B	0.73%	0.62%	0.62%
OTIS	C	0.33%	0.08%	0.08%
PANW	C	0.3%	0.24%	0.24%
PEP	F	0.72%	0.5%	0.5%
PFG	D	0.2%	0.04%	0.04%
PG	A	1.09%	0.84%	0.84%
PHM	D	0.3%	0.05%	0.05%
PLTR	B	0.36%	0.26%	0.26%
PPG	F	0.18%	0.05%	0.05%
PPL	B	0.34%	0.05%	0.05%
PRU	A	0.37%	0.1%	0.1%
PYPL	B	0.28%	0.21%	0.21%
QCOM	F	0.33%	0.39%	0.33%
REGN	F	0.21%	0.15%	0.15%
RMD	C	0.24%	0.06%	0.06%
ROST	C	0.32%	0.09%	0.09%
RSG	A	0.34%	0.09%	0.09%
SCHW	B	0.35%	0.27%	0.27%
STLD	B	0.11%	0.03%	0.03%
SYF	B	0.27%	0.06%	0.06%
T	A	0.68%	0.38%	0.38%
TMO	F	0.59%	0.42%	0.42%
TMUS	B	0.51%	0.28%	0.28%
TRGP	B	0.46%	0.09%	0.09%
TRV	B	0.39%	0.11%	0.11%
TSLA	B	1.91%	1.91%	1.91%
TXN	C	0.59%	0.39%	0.39%
UBER	D	0.29%	0.33%	0.29%
ULTA	F	0.23%	0.01%	0.01%
UNH	C	1.37%	1.17%	1.17%
UNP	C	0.52%	0.32%	0.32%
URI	B	0.24%	0.03%	0.03%
V	A	1.28%	1.02%	1.02%
VRTX	F	0.36%	0.27%	0.27%
WBD	C	0.18%	0.05%	0.05%
WFC	A	0.67%	0.51%	0.51%
WM	A	0.44%	0.17%	0.17%
WMT	A	0.96%	0.77%	0.77%
WRB	A	0.21%	0.04%	0.04%
XOM	B	1.4%	1.13%	1.13%
YUM	B	0.33%	0.08%	0.08%
ZBH	C	0.14%	0.05%	0.05%

PHEQ Overweight 55 Positions Relative to SPYI

Symbol	Grade	Weight
APO	B	0.3%
MRVL	B	0.25%
MELI	D	0.25%
LII	A	0.25%
ARES	A	0.25%
MKL	A	0.23%
LNG	B	0.22%
HEI	B	0.22%
SSNC	B	0.21%
MSTR	C	0.2%
SPOT	B	0.19%
TTD	B	0.18%
ZM	B	0.18%
CSL	C	0.18%
HEI	B	0.14%
HUBS	A	0.14%
WDAY	B	0.13%
DASH	A	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%
IBKR	A	0.11%
VRT	B	0.1%
VEEV	C	0.1%
SUI	D	0.1%
DOX	D	0.09%
TRU	D	0.09%
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%
AVTR	F	0.06%
TEAM	A	0.06%
SNAP	C	0.05%
LPLA	A	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%
RKT	F	0.03%
WSM	B	0.02%
WMG	C	0.02%

PHEQ Underweight 351 Positions Relative to SPYI

Symbol	Grade	Weight
ACN	C	-0.5%
PM	B	-0.46%
MCD	D	-0.46%
GE	D	-0.45%
VZ	C	-0.42%
CMCSA	B	-0.4%
INTU	C	-0.39%
GS	A	-0.36%
NEE	D	-0.36%
PGR	A	-0.35%
RTX	C	-0.33%
DHR	F	-0.33%
PFE	D	-0.33%
AMAT	F	-0.33%
HON	B	-0.32%
C	A	-0.31%
TJX	A	-0.31%
COP	C	-0.31%
SPGI	C	-0.31%
FI	A	-0.3%
BSX	B	-0.3%
SYK	C	-0.3%
BX	A	-0.29%
ETN	A	-0.29%
GILD	C	-0.26%
PLD	D	-0.25%
ADI	D	-0.25%
ADP	B	-0.25%
SBUX	A	-0.25%
INTC	D	-0.24%
MMC	B	-0.23%
MO	A	-0.23%
CB	C	-0.23%
BLK	C	-0.23%
SO	D	-0.22%
GEV	B	-0.21%
UPS	C	-0.21%
CI	F	-0.2%
DUK	C	-0.2%
AMT	D	-0.2%
MDLZ	F	-0.2%
NKE	D	-0.2%
EOG	A	-0.19%
ICE	C	-0.19%
APH	A	-0.19%
TT	A	-0.18%
ZTS	D	-0.18%
USB	A	-0.18%
CME	A	-0.18%
CDNS	B	-0.18%
EQIX	A	-0.18%
PNC	B	-0.17%
CVS	D	-0.17%
CL	D	-0.17%
ELV	F	-0.17%
GM	B	-0.17%
AON	A	-0.16%
CSX	B	-0.16%
EMR	A	-0.16%
SHW	A	-0.16%
ITW	B	-0.16%
WMB	A	-0.16%
ANET	C	-0.16%
WELL	A	-0.16%
FCX	D	-0.15%
CARR	D	-0.15%
COF	B	-0.15%
CEG	D	-0.15%
HLT	A	-0.15%
PH	A	-0.15%
OKE	A	-0.15%
BDX	F	-0.14%
HCA	F	-0.14%
BK	A	-0.14%
APD	A	-0.14%
MCK	B	-0.14%
TFC	A	-0.14%
SLB	C	-0.14%
KMI	A	-0.13%
SNPS	B	-0.13%
MPC	D	-0.13%
ADSK	A	-0.13%
FTNT	C	-0.13%
SRE	A	-0.13%
NXPI	D	-0.13%
PSX	C	-0.13%
PCAR	B	-0.13%
JCI	C	-0.13%
AFL	B	-0.13%
AMP	A	-0.12%
MSI	B	-0.12%
FIS	C	-0.12%
AIG	B	-0.12%
GD	F	-0.12%
TGT	F	-0.12%
MAR	B	-0.12%
FDX	B	-0.12%
AJG	B	-0.12%
PEG	A	-0.11%
VST	B	-0.11%
CPRT	A	-0.11%
NSC	B	-0.11%
VLO	C	-0.11%
MCO	B	-0.11%
SPG	B	-0.11%
D	C	-0.11%
NOC	D	-0.11%
DLR	B	-0.11%
MET	A	-0.11%
AEP	D	-0.11%
ROP	B	-0.11%
EW	C	-0.1%
F	C	-0.1%
LHX	C	-0.1%
FAST	B	-0.1%
DHI	D	-0.1%
RCL	A	-0.1%
DFS	B	-0.1%
CCI	D	-0.1%
ECL	D	-0.1%
PCG	A	-0.1%
BKR	B	-0.1%
ODFL	B	-0.09%
MNST	C	-0.09%
SYY	B	-0.09%
GIS	D	-0.09%
PAYX	C	-0.09%
HES	B	-0.09%
EXC	C	-0.09%
CTSH	B	-0.09%
CTVA	C	-0.09%
KVUE	A	-0.09%
VICI	C	-0.08%
ACGL	D	-0.08%
ED	D	-0.08%
PWR	A	-0.08%
IQV	D	-0.08%
MCHP	D	-0.08%
PSA	D	-0.08%
A	D	-0.08%
O	D	-0.08%
CHTR	C	-0.08%
DD	D	-0.08%
KR	B	-0.08%
CBRE	B	-0.08%
CMI	A	-0.08%
IR	B	-0.08%
XEL	A	-0.08%
ALL	A	-0.08%
RJF	A	-0.07%
VRSK	A	-0.07%
ANSS	B	-0.07%
GPN	B	-0.07%
GEHC	F	-0.07%
KDP	D	-0.07%
DOW	F	-0.07%
EIX	B	-0.07%
CNC	D	-0.07%
CMG	B	-0.07%
IRM	D	-0.07%
EA	A	-0.07%
EBAY	D	-0.07%
OXY	D	-0.07%
LEN	D	-0.07%
HPQ	B	-0.07%
FITB	A	-0.07%
STZ	D	-0.06%
RF	A	-0.06%
TSCO	D	-0.06%
CCL	B	-0.06%
STT	A	-0.06%
UAL	A	-0.06%
FTV	C	-0.06%
ROK	B	-0.06%
DXCM	D	-0.06%
WEC	A	-0.06%
CSGP	D	-0.06%
HPE	B	-0.06%
VMC	B	-0.06%
ADM	D	-0.06%
WTW	B	-0.06%
HUM	C	-0.06%
NUE	C	-0.06%
WAB	B	-0.05%
SBAC	D	-0.05%
IP	B	-0.05%
CTRA	B	-0.05%
CHD	B	-0.05%
GRMN	B	-0.05%
BR	A	-0.05%
ES	D	-0.05%
WY	D	-0.05%
TROW	B	-0.05%
MTB	A	-0.05%
NTAP	C	-0.05%
CAH	B	-0.05%
GDDY	A	-0.05%
VTR	C	-0.05%
XYL	D	-0.05%
EFX	F	-0.05%
KHC	F	-0.05%
GEN	B	-0.04%
CINF	A	-0.04%
VTRS	A	-0.04%
BIIB	F	-0.04%
CLX	B	-0.04%
LDOS	C	-0.04%
BALL	D	-0.04%
EQT	B	-0.04%
BAX	D	-0.04%
TSN	B	-0.04%
FSLR	F	-0.04%
KEYS	A	-0.04%
CDW	F	-0.04%
WDC	D	-0.04%
NRG	B	-0.04%
EXPE	B	-0.04%
PTC	A	-0.04%
HSY	F	-0.04%
INVH	D	-0.04%
KEY	B	-0.04%
TRMB	B	-0.04%
ORLY	B	-0.04%
TDG	D	-0.04%
CBOE	B	-0.04%
STE	F	-0.04%
LUV	C	-0.04%
TTWO	A	-0.04%
VLTO	D	-0.04%
NTRS	A	-0.04%
NCLH	B	-0.03%
AXON	A	-0.03%
DLTR	F	-0.03%
UDR	B	-0.03%
HST	C	-0.03%
EVRG	A	-0.03%
GPC	D	-0.03%
EL	F	-0.03%
JBL	B	-0.03%
J	F	-0.03%
NI	A	-0.03%
DG	F	-0.03%
LVS	C	-0.03%
LYV	A	-0.03%
GWW	B	-0.03%
AZO	C	-0.03%
AWK	D	-0.03%
MAS	D	-0.03%
MKC	D	-0.03%
TXT	D	-0.03%
HOLX	D	-0.03%
FICO	B	-0.03%
ATO	A	-0.03%
KIM	A	-0.03%
TYL	B	-0.02%
MTD	D	-0.02%
CPAY	A	-0.02%
CZR	F	-0.02%
LKQ	D	-0.02%
NVR	D	-0.02%
MOS	F	-0.02%
TECH	D	-0.02%
MPWR	F	-0.02%
INCY	C	-0.02%
SOLV	C	-0.02%
IVZ	B	-0.02%
REG	B	-0.02%
LW	C	-0.02%
DAY	B	-0.02%
KMX	B	-0.02%
MTCH	D	-0.02%
HRL	D	-0.02%
BXP	D	-0.02%
SWKS	F	-0.02%
FOXA	B	-0.02%
SWK	D	-0.02%
ERIE	D	-0.02%
BBY	D	-0.02%
BG	F	-0.02%
AES	F	-0.02%
IDXX	F	-0.02%
CF	B	-0.02%
ROL	B	-0.02%
IT	C	-0.02%
MLM	B	-0.02%
JNPR	F	-0.02%
IPG	D	-0.02%
STX	D	-0.02%
DECK	A	-0.02%
OMC	C	-0.02%
ALB	C	-0.02%
NWSA	B	-0.02%
TPR	B	-0.02%
SW	A	-0.02%
TER	D	-0.02%
PNR	A	-0.02%
MSCI	C	-0.02%
CPT	B	-0.01%
TFX	F	-0.01%
CRL	C	-0.01%
ALLE	D	-0.01%
MKTX	D	-0.01%
PAYC	B	-0.01%
GNRC	B	-0.01%
DGX	A	-0.01%
AIZ	A	-0.01%
JKHY	D	-0.01%
UHS	D	-0.01%
VRSN	F	-0.01%
EPAM	C	-0.01%
AVY	D	-0.01%
POOL	C	-0.01%
FFIV	B	-0.01%
DPZ	C	-0.01%
IEX	B	-0.01%
FOX	A	-0.01%
EG	C	-0.01%
PKG	A	-0.01%
PARA	C	-0.01%
FDS	B	-0.01%
PODD	C	-0.01%
SNA	A	-0.01%
ZBRA	B	-0.01%
SMCI	F	-0.01%
WAT	B	-0.01%
BEN	C	-0.01%
WBA	F	-0.01%
WST	C	-0.01%
TDY	B	-0.01%
APA	D	-0.01%
HAS	D	-0.01%
CTLT	B	-0.01%
TAP	C	-0.01%
BWA	D	-0.01%
MHK	D	-0.0%
RL	B	-0.0%
DVA	B	-0.0%
NWS	B	-0.0%
FMC	D	-0.0%
QRVO	F	-0.0%
AOS	F	-0.0%
HSIC	B	-0.0%
WYNN	D	-0.0%
PNW	B	-0.0%
EMN	D	-0.0%
HII	D	-0.0%
GL	B	-0.0%
CHRW	C	-0.0%
RVTY	F	-0.0%
SJM	D	-0.0%
FRT	B	-0.0%