PHEQ vs. USMF ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to WisdomTree U.S. Multifactor Fund (USMF)

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

USMF

WisdomTree U.S. Multifactor Fund

USMF Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Multifactor Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is generally comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors (value and quality measures) and two technical factors (momentum and correlation). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.36

Average Daily Volume

24,405

Number of Holdings ^*

199

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	USMF
30 Days	1.73%	3.69%
60 Days	3.05%	7.30%
90 Days	4.04%	10.84%
12 Months	17.22%	31.14%

50 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in USMF	Overlap
ABBV	F	0.87%	0.46%	0.46%
ABT	C	0.6%	0.42%	0.42%
AKAM	F	0.17%	1.14%	0.17%
AXP	B	0.57%	0.34%	0.34%
BAH	C	0.15%	0.35%	0.15%
BMY	B	0.5%	0.36%	0.36%
BRK.A	B	1.4%	0.36%	0.36%
BRO	B	0.31%	0.36%	0.31%
CAG	F	0.17%	0.29%	0.17%
COR	B	0.31%	0.48%	0.31%
CRM	B	0.66%	0.9%	0.66%
DE	D	0.43%	0.33%	0.33%
DIS	B	0.49%	0.81%	0.49%
DOV	A	0.33%	0.39%	0.33%
DRI	B	0.3%	0.79%	0.3%
DVN	F	0.17%	0.32%	0.17%
ETR	B	0.4%	0.41%	0.4%
FCNCA	B	0.13%	0.26%	0.13%
HAL	C	0.17%	0.33%	0.17%
HIG	C	0.33%	0.39%	0.33%
IBKR	A	0.11%	0.36%	0.11%
IBM	D	0.57%	1.36%	0.57%
JNJ	D	1.03%	0.46%	0.46%
JPM	A	1.68%	0.37%	0.37%
KMB	D	0.32%	0.33%	0.32%
L	A	0.23%	0.38%	0.23%
LH	B	0.32%	0.37%	0.32%
LMT	D	0.61%	0.41%	0.41%
MKL	A	0.22%	0.32%	0.22%
MMM	C	0.44%	0.21%	0.21%
MRK	F	0.7%	0.37%	0.37%
MRO	B	0.23%	0.35%	0.23%
PG	C	1.06%	0.33%	0.33%
PYPL	A	0.28%	0.21%	0.21%
REGN	F	0.22%	0.31%	0.22%
RSG	B	0.35%	0.39%	0.35%
SSNC	C	0.21%	0.36%	0.21%
SYF	B	0.27%	0.29%	0.27%
T	A	0.66%	1.09%	0.66%
TMO	F	0.62%	0.34%	0.34%
TMUS	A	0.52%	1.27%	0.52%
TRV	B	0.38%	0.37%	0.37%
WDAY	B	0.13%	0.74%	0.13%
WFC	A	0.65%	0.36%	0.36%
WM	A	0.45%	0.42%	0.42%
WMT	A	0.96%	0.36%	0.36%
WRB	B	0.2%	0.33%	0.2%
XOM	B	1.4%	0.44%	0.44%
ZBH	C	0.14%	0.39%	0.14%
ZM	B	0.19%	1.02%	0.19%

PHEQ Overweight 153 Positions Relative to USMF

Symbol	Grade	Weight
NVDA	A	7.38%
AAPL	C	6.78%
MSFT	C	6.62%
AMZN	A	4.2%
META	B	2.79%
GOOGL	C	2.38%
GOOG	C	1.99%
TSLA	B	1.94%
AVGO	C	1.82%
LLY	F	1.52%
UNH	B	1.41%
V	A	1.27%
MA	B	1.15%
HD	B	1.13%
COST	B	1.09%
BAC	A	0.95%
CVX	A	0.8%
CSCO	A	0.8%
NFLX	A	0.79%
KO	F	0.79%
ORCL	A	0.75%
PEP	D	0.74%
LIN	D	0.67%
NOW	A	0.63%
TXN	B	0.62%
ISRG	A	0.59%
LOW	B	0.57%
CAT	B	0.56%
AMD	F	0.54%
UNP	D	0.52%
MDT	D	0.51%
ADBE	C	0.5%
AMGN	F	0.47%
KKR	B	0.47%
TRGP	B	0.45%
CTAS	B	0.44%
MS	A	0.39%
DAL	A	0.39%
BKNG	A	0.39%
VRTX	B	0.38%
PRU	B	0.36%
HWM	B	0.36%
KLAC	F	0.36%
SCHW	B	0.34%
K	A	0.34%
AVB	B	0.34%
MU	D	0.33%
BA	F	0.33%
YUM	B	0.33%
PPL	A	0.33%
OTIS	D	0.33%
QCOM	F	0.33%
LNT	C	0.32%
ROST	D	0.32%
PLTR	B	0.32%
CMS	D	0.31%
HBAN	A	0.31%
LRCX	F	0.31%
DTE	D	0.31%
EXR	D	0.31%
EQR	C	0.31%
DOC	C	0.3%
PHM	D	0.3%
AEE	B	0.3%
APO	B	0.3%
PANW	B	0.3%
UBER	F	0.28%
AME	A	0.28%
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%
FE	D	0.23%
HEI	A	0.22%
LNG	B	0.22%
LYB	F	0.22%
AMCR	D	0.21%
MSTR	B	0.21%
ARE	F	0.21%
LULU	B	0.21%
PFG	C	0.2%
CSL	B	0.19%
CPB	F	0.19%
ESS	C	0.19%
TTD	B	0.19%
SPOT	A	0.18%
PPG	F	0.18%
WBD	B	0.18%
CRWD	B	0.17%
IFF	F	0.16%
APTV	F	0.15%
DELL	C	0.15%
ABNB	C	0.15%
ALNY	D	0.15%
MOH	F	0.15%
HUBS	B	0.15%
ON	F	0.15%
HEI	A	0.14%
NDSN	B	0.14%
COIN	B	0.13%
RBLX	B	0.13%
DASH	A	0.13%
HUBB	C	0.13%
SQ	B	0.12%
MGM	D	0.12%
DDOG	B	0.12%
TW	B	0.11%
STLD	C	0.11%
VEEV	B	0.11%
TRU	D	0.1%
VRT	B	0.1%
SUI	F	0.1%
ZS	B	0.09%
DOX	C	0.09%
DKNG	B	0.08%
BLDR	C	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%
TEAM	B	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 149 Positions Relative to USMF

Symbol	Grade	Weight
MSI	B	-1.48%
VRSN	C	-1.44%
GDDY	B	-1.38%
ROP	A	-1.34%
TDY	B	-1.33%
CTSH	A	-1.32%
FFIV	B	-1.29%
SNX	C	-1.23%
TYL	B	-1.16%
EA	A	-1.11%
FOXA	A	-1.07%
JNPR	D	-1.07%
DBX	B	-1.02%
GEN	B	-1.01%
APP	B	-0.98%
DT	C	-0.98%
FICO	B	-0.97%
HPQ	B	-0.97%
CVLT	B	-0.96%
DOCU	B	-0.94%
CMCSA	B	-0.94%
VZ	D	-0.91%
NYT	C	-0.9%
TJX	A	-0.83%
NTAP	D	-0.81%
ORLY	A	-0.81%
TXRH	A	-0.8%
IPG	F	-0.79%
LVS	C	-0.75%
AZO	B	-0.74%
FTNT	B	-0.74%
MUSA	B	-0.72%
EBAY	C	-0.71%
ARMK	B	-0.71%
INFA	F	-0.69%
HRB	D	-0.65%
EPAM	B	-0.62%
GM	B	-0.62%
NTNX	B	-0.61%
FSLR	F	-0.6%
LDOS	C	-0.53%
CRUS	F	-0.53%
EXPE	B	-0.5%
CACI	C	-0.47%
EHC	B	-0.46%
ECL	C	-0.46%
GILD	B	-0.44%
EXEL	B	-0.44%
INGR	B	-0.43%
HOLX	D	-0.43%
DGX	B	-0.42%
CAH	B	-0.42%
FI	A	-0.42%
BSX	A	-0.42%
ADP	A	-0.41%
ADTN	B	-0.41%
COP	C	-0.41%
AMP	A	-0.41%
UTHR	B	-0.41%
CCK	D	-0.4%
ANF	C	-0.4%
EOG	A	-0.4%
MCK	B	-0.4%
BR	A	-0.39%
GPK	D	-0.39%
PPC	C	-0.39%
CME	B	-0.38%
VRSK	A	-0.38%
RJF	A	-0.38%
CBOE	D	-0.37%
CHE	D	-0.37%
ACI	C	-0.37%
ALSN	B	-0.36%
PCAR	B	-0.36%
GAP	B	-0.36%
CNA	C	-0.36%
LHX	B	-0.36%
UNM	A	-0.36%
RLI	A	-0.35%
KR	A	-0.35%
MO	A	-0.35%
BERY	D	-0.35%
AFL	C	-0.35%
AIG	B	-0.35%
PGR	A	-0.35%
GLPI	D	-0.35%
ALL	B	-0.35%
CINF	A	-0.35%
MLI	B	-0.34%
PRI	B	-0.34%
VOYA	B	-0.34%
UHS	D	-0.34%
HCA	D	-0.34%
OGE	B	-0.34%
MSA	D	-0.34%
EME	B	-0.34%
AIZ	A	-0.34%
ORI	A	-0.34%
DUK	D	-0.33%
NNN	F	-0.33%
NTRS	A	-0.33%
ELS	B	-0.33%
VICI	D	-0.33%
J	D	-0.33%
EWBC	B	-0.32%
POST	D	-0.32%
SYY	D	-0.32%
CL	F	-0.32%
VLO	C	-0.32%
RGA	A	-0.32%
AEP	D	-0.31%
REYN	D	-0.31%
FRT	B	-0.31%
SAIC	D	-0.31%
ELV	F	-0.31%
THC	B	-0.3%
TAP	B	-0.3%
EIX	C	-0.3%
MTG	C	-0.3%
CNC	F	-0.3%
GIS	F	-0.3%
VTRS	B	-0.3%
PNW	A	-0.3%
MTB	A	-0.3%
PCG	A	-0.3%
MAS	D	-0.3%
MPC	D	-0.29%
KHC	F	-0.29%
WPC	F	-0.29%
CBSH	A	-0.29%
RYAN	B	-0.29%
LPX	A	-0.29%
CRS	B	-0.28%
CI	D	-0.28%
SFM	B	-0.28%
DVA	C	-0.27%
FDX	B	-0.26%
NBIX	C	-0.26%
FCN	F	-0.25%
AMT	F	-0.25%
APA	F	-0.25%
DINO	D	-0.25%
HALO	C	-0.24%
HII	F	-0.23%
PAYC	B	-0.23%
FMC	F	-0.22%
BMRN	F	-0.21%
LNTH	F	-0.19%
GL	B	-0.14%