PHEQ vs. VO ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to Vanguard Mid-Cap ETF - DNQ (VO)

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

VO

Vanguard Mid-Cap ETF - DNQ

VO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of mid-size U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$281.84

Average Daily Volume

578,616

Number of Holdings ^*

306

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	VO
30 Days	1.99%	5.97%
60 Days	3.02%	7.54%
90 Days	3.86%	10.26%
12 Months	16.61%	32.89%

111 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in VO	Overlap
AEE	A	0.3%	0.28%	0.28%
AGR	B	0.07%	0.03%	0.03%
AKAM	D	0.16%	0.19%	0.16%
ALGN	D	0.06%	0.18%	0.06%
ALNY	D	0.13%	0.42%	0.13%
AME	A	0.28%	0.51%	0.28%
APO	B	0.3%	0.69%	0.3%
APTV	D	0.14%	0.18%	0.14%
ARE	D	0.21%	0.24%	0.21%
ARES	A	0.25%	0.36%	0.25%
AVB	B	0.35%	0.38%	0.35%
AVTR	F	0.06%	0.18%	0.06%
BRO	B	0.31%	0.29%	0.29%
BSY	D	0.04%	0.09%	0.04%
CAG	D	0.17%	0.17%	0.17%
CE	F	0.05%	0.17%	0.05%
CFG	B	0.26%	0.22%	0.22%
CMS	C	0.31%	0.25%	0.25%
CNP	B	0.28%	0.23%	0.23%
COIN	C	0.12%	0.38%	0.12%
COR	B	0.3%	0.49%	0.3%
CPB	D	0.18%	0.11%	0.11%
CTAS	B	0.42%	0.86%	0.42%
DAL	C	0.39%	0.45%	0.39%
DASH	A	0.13%	0.62%	0.13%
DDOG	A	0.13%	0.45%	0.13%
DOC	D	0.29%	0.1%	0.1%
DOV	A	0.33%	0.32%	0.32%
DRI	B	0.3%	0.23%	0.23%
DTE	C	0.31%	0.27%	0.27%
DVN	F	0.17%	0.29%	0.17%
ENPH	F	0.03%	0.13%	0.03%
EQR	B	0.32%	0.31%	0.31%
ESS	B	0.19%	0.22%	0.19%
ETR	B	0.4%	0.4%	0.4%
EXPD	D	0.23%	0.2%	0.2%
EXR	D	0.32%	0.42%	0.32%
FANG	D	0.24%	0.41%	0.24%
FE	C	0.24%	0.28%	0.24%
GLW	B	0.25%	0.44%	0.25%
HAL	C	0.16%	0.27%	0.16%
HBAN	A	0.31%	0.27%	0.27%
HEI	B	0.14%	0.12%	0.12%
HEI	B	0.22%	0.12%	0.12%
HEI	B	0.14%	0.18%	0.14%
HEI	B	0.22%	0.18%	0.18%
HIG	B	0.33%	0.39%	0.33%
HUBB	B	0.13%	0.14%	0.13%
HUBS	A	0.14%	0.33%	0.14%
HWM	A	0.36%	0.49%	0.36%
IBKR	A	0.11%	0.19%	0.11%
IFF	D	0.16%	0.31%	0.16%
ILMN	D	0.05%	0.28%	0.05%
JBHT	C	0.24%	0.18%	0.18%
K	A	0.34%	0.27%	0.27%
L	A	0.24%	0.18%	0.18%
LH	C	0.31%	0.23%	0.23%
LNG	B	0.22%	0.5%	0.22%
LNT	A	0.33%	0.19%	0.19%
LPLA	A	0.05%	0.26%	0.05%
LULU	C	0.21%	0.41%	0.21%
LYB	F	0.22%	0.27%	0.22%
MAA	B	0.27%	0.21%	0.21%
MGM	D	0.13%	0.05%	0.05%
MKL	A	0.23%	0.23%	0.23%
MOH	F	0.14%	0.22%	0.14%
MRNA	F	0.01%	0.23%	0.01%
MRO	B	0.24%	0.19%	0.19%
MRVL	B	0.25%	0.42%	0.25%
MSTR	C	0.2%	0.26%	0.2%
NDAQ	A	0.24%	0.41%	0.24%
NEM	D	0.23%	0.64%	0.23%
NET	B	0.07%	0.31%	0.07%
OKTA	C	0.04%	0.14%	0.04%
ON	D	0.14%	0.37%	0.14%
OTIS	C	0.33%	0.48%	0.33%
PFG	D	0.2%	0.23%	0.2%
PHM	D	0.3%	0.33%	0.3%
PINS	D	0.03%	0.23%	0.03%
PLTR	B	0.36%	1.02%	0.36%
PPG	F	0.18%	0.35%	0.18%
PPL	B	0.34%	0.28%	0.28%
PRU	A	0.37%	0.53%	0.37%
RBLX	C	0.12%	0.34%	0.12%
RKT	F	0.03%	0.03%	0.03%
RMD	C	0.24%	0.43%	0.24%
RPRX	D	0.04%	0.12%	0.04%
SNAP	C	0.05%	0.16%	0.05%
SNOW	C	0.06%	0.21%	0.06%
SQ	B	0.12%	0.49%	0.12%
SSNC	B	0.21%	0.18%	0.18%
STLD	B	0.11%	0.12%	0.11%
SUI	D	0.1%	0.2%	0.1%
SYF	B	0.27%	0.26%	0.26%
TEAM	A	0.06%	0.37%	0.06%
TRGP	B	0.46%	0.22%	0.22%
TRU	D	0.09%	0.24%	0.09%
TTD	B	0.18%	0.63%	0.18%
TW	A	0.11%	0.18%	0.11%
ULTA	F	0.23%	0.21%	0.21%
URI	B	0.24%	0.65%	0.24%
VEEV	C	0.1%	0.37%	0.1%
VRT	B	0.1%	0.47%	0.1%
WBD	C	0.18%	0.22%	0.18%
WLK	D	0.04%	0.03%	0.03%
WMG	C	0.02%	0.05%	0.02%
WRB	A	0.21%	0.2%	0.2%
YUM	B	0.33%	0.45%	0.33%
ZBH	C	0.14%	0.26%	0.14%
ZM	B	0.18%	0.21%	0.18%
ZS	C	0.08%	0.2%	0.08%

PHEQ Overweight 94 Positions Relative to VO

Symbol	Grade	Weight
NVDA	C	7.12%
AAPL	C	6.85%
MSFT	F	6.55%
AMZN	C	4.1%
META	D	2.66%
GOOGL	C	2.28%
TSLA	B	1.91%
GOOG	C	1.9%
JPM	A	1.73%
AVGO	D	1.71%
BRK.A	B	1.42%
XOM	B	1.4%
LLY	F	1.39%
UNH	C	1.37%
V	A	1.28%
HD	A	1.15%
MA	C	1.14%
PG	A	1.09%
COST	B	1.07%
JNJ	D	1.04%
BAC	A	0.98%
WMT	A	0.96%
ABBV	D	0.85%
CVX	A	0.84%
NFLX	A	0.8%
CSCO	B	0.79%
KO	D	0.77%
ORCL	B	0.73%
PEP	F	0.72%
MRK	F	0.69%
T	A	0.68%
WFC	A	0.67%
LIN	D	0.67%
CRM	B	0.63%
NOW	A	0.61%
ABT	B	0.6%
TMO	F	0.59%
TXN	C	0.59%
LMT	D	0.58%
ISRG	A	0.58%
DIS	B	0.57%
LOW	D	0.57%
AXP	A	0.57%
IBM	C	0.56%
CAT	B	0.55%
UNP	C	0.52%
AMD	F	0.51%
MDT	D	0.51%
TMUS	B	0.51%
BMY	B	0.48%
ADBE	C	0.48%
KKR	A	0.46%
AMGN	D	0.45%
DE	A	0.44%
WM	A	0.44%
MMM	D	0.44%
TRV	B	0.39%
MS	A	0.39%
BKNG	A	0.39%
VRTX	F	0.36%
SCHW	B	0.35%
KLAC	D	0.34%
RSG	A	0.34%
QCOM	F	0.33%
KMB	D	0.33%
BA	F	0.32%
ROST	C	0.32%
MU	D	0.31%
PANW	C	0.3%
UBER	D	0.29%
LRCX	F	0.29%
PYPL	B	0.28%
MELI	D	0.25%
LII	A	0.25%
REGN	F	0.21%
AMCR	D	0.21%
SPOT	B	0.19%
CSL	C	0.18%
CRWD	B	0.17%
ABNB	C	0.15%
NDSN	B	0.14%
DELL	C	0.14%
WDAY	B	0.13%
FCNCA	A	0.13%
BAH	F	0.12%
DOX	D	0.09%
BLDR	D	0.08%
SCCO	F	0.07%
YUMC	C	0.07%
DKNG	B	0.07%
OWL	A	0.05%
CPNG	D	0.03%
SIRI	C	0.03%
WSM	B	0.02%

PHEQ Underweight 197 Positions Relative to VO

Symbol	Grade	Weight
CEG	D	-1.01%
WELL	A	-1.0%
APH	A	-0.98%
MSI	B	-0.91%
TDG	D	-0.84%
CARR	D	-0.76%
AJG	B	-0.75%
DLR	B	-0.71%
OKE	A	-0.69%
PCAR	B	-0.66%
O	D	-0.63%
AMP	A	-0.61%
ALL	A	-0.6%
DHI	D	-0.6%
GWW	B	-0.59%
FIS	C	-0.59%
LHX	C	-0.57%
FICO	B	-0.56%
CMI	A	-0.55%
RCL	A	-0.55%
WCN	A	-0.55%
PWR	A	-0.54%
PEG	A	-0.54%
CPRT	A	-0.54%
FAST	B	-0.54%
KVUE	A	-0.53%
MSCI	C	-0.52%
VST	B	-0.52%
CTVA	C	-0.51%
PCG	A	-0.51%
LEN	D	-0.5%
GEV	B	-0.5%
CBRE	B	-0.49%
EXC	C	-0.48%
MCHP	D	-0.48%
EA	A	-0.48%
IR	B	-0.47%
ODFL	B	-0.47%
VRSK	A	-0.47%
BKR	B	-0.46%
GIS	D	-0.46%
GEHC	F	-0.46%
A	D	-0.46%
IT	C	-0.45%
SYY	B	-0.45%
CTSH	B	-0.45%
XEL	A	-0.45%
DFS	B	-0.45%
HES	B	-0.45%
VMC	B	-0.44%
MLM	B	-0.44%
KR	B	-0.44%
IRM	D	-0.44%
MPWR	F	-0.43%
ED	D	-0.43%
ACGL	D	-0.43%
IQV	D	-0.43%
DOW	F	-0.42%
HPQ	B	-0.42%
IDXX	F	-0.41%
NUE	C	-0.41%
CNC	D	-0.4%
EFX	F	-0.4%
WAB	B	-0.4%
WMB	A	-0.39%
MTB	A	-0.39%
DD	D	-0.38%
EIX	B	-0.38%
WEC	A	-0.37%
ROK	B	-0.37%
GRMN	B	-0.37%
WTW	B	-0.37%
FITB	A	-0.36%
XYL	D	-0.36%
CSGP	D	-0.36%
VICI	C	-0.36%
TSCO	D	-0.35%
HLT	A	-0.35%
ANSS	B	-0.34%
EBAY	D	-0.34%
DXCM	D	-0.34%
AWK	D	-0.33%
TTWO	A	-0.33%
VTR	C	-0.33%
RJF	A	-0.33%
MTD	D	-0.33%
KEYS	A	-0.32%
SPG	B	-0.32%
HSY	F	-0.32%
STT	A	-0.32%
ADM	D	-0.32%
CAH	B	-0.32%
NVR	D	-0.32%
JCI	C	-0.31%
HPE	B	-0.31%
BIIB	F	-0.31%
AZO	C	-0.31%
UAL	A	-0.31%
TYL	B	-0.31%
AIG	B	-0.3%
TROW	B	-0.3%
CHD	B	-0.3%
BR	A	-0.3%
SBAC	D	-0.3%
D	C	-0.3%
FTV	C	-0.3%
CDW	F	-0.3%
GDDY	A	-0.29%
ES	D	-0.29%
NTAP	C	-0.29%
VLTO	D	-0.29%
FTNT	C	-0.29%
KMI	A	-0.28%
STE	F	-0.27%
CINF	A	-0.27%
WST	C	-0.27%
CBOE	B	-0.27%
WDC	D	-0.27%
WY	D	-0.27%
STX	D	-0.26%
GPN	B	-0.26%
TDY	B	-0.26%
CPAY	A	-0.26%
RF	A	-0.26%
PKG	A	-0.25%
CCL	B	-0.25%
EXPE	B	-0.24%
CLX	B	-0.24%
ZBRA	B	-0.24%
MKC	D	-0.24%
OMC	C	-0.24%
FSLR	F	-0.24%
EW	C	-0.24%
HOLX	D	-0.23%
MDB	C	-0.23%
APP	B	-0.23%
LYV	A	-0.23%
LVS	C	-0.23%
WAT	B	-0.23%
NTRS	A	-0.23%
IP	B	-0.23%
BALL	D	-0.22%
BAX	D	-0.22%
INVH	D	-0.22%
LUV	C	-0.22%
DGX	A	-0.21%
FDS	B	-0.21%
TER	D	-0.21%
SNA	A	-0.21%
MAS	D	-0.21%
J	F	-0.21%
BBY	D	-0.21%
DG	F	-0.21%
AVY	D	-0.2%
TSN	B	-0.2%
CTRA	B	-0.2%
EG	C	-0.19%
FNF	B	-0.19%
BURL	A	-0.19%
GPC	D	-0.19%
KEY	B	-0.19%
DPZ	C	-0.18%
SMCI	F	-0.18%
CVNA	B	-0.18%
RVTY	F	-0.18%
VRSN	F	-0.18%
TRMB	B	-0.18%
CF	B	-0.18%
TXT	D	-0.18%
GEN	B	-0.18%
ROL	B	-0.17%
VTRS	A	-0.17%
SWKS	F	-0.17%
SWK	D	-0.17%
NWSA	B	-0.16%
DLTR	F	-0.16%
WPC	D	-0.15%
LDOS	C	-0.15%
BMRN	D	-0.15%
TPL	A	-0.14%
EQT	B	-0.13%
FOXA	B	-0.12%
HRL	D	-0.11%
NI	A	-0.1%
PODD	C	-0.1%
EL	F	-0.09%
CRBG	B	-0.08%
POOL	C	-0.08%
EVRG	A	-0.08%
UDR	B	-0.08%
ALB	C	-0.07%
INCY	C	-0.07%
FOX	A	-0.05%
BEN	C	-0.04%
WBA	F	-0.04%
LEN	D	-0.02%
NWS	B	-0.01%