QARP vs. PHEQ ETF Comparison

Comparison of Xtrackers Russell 1000 US QARP ETF (QARP) to Parametric Hedged Equity ETF (PHEQ)

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.66

Average Daily Volume

19,348

Number of Holdings ^*

344

* may have additional holdings in another (foreign) market

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

$28.68

Average Daily Volume

12,156

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QARP	PHEQ
30 Days	1.93%	1.15%
60 Days	3.39%	2.56%
90 Days	5.27%	3.00%
12 Months	25.77%

8 Overlapping Holdings

Symbol	Grade	Weight in QARP	Weight in PHEQ	Overlap
AAPL	C	5.03%	7.61%	5.03%
AMZN	C	3.68%	3.7%	3.68%
GOOG	D	2.02%	1.85%	1.85%
GOOGL	D	2.24%	2.23%	2.23%
LLY	C	0.04%	1.94%	0.04%
META	A	5.14%	2.57%	2.57%
MSFT	C	2.17%	6.91%	2.17%
NVDA	D	0.15%	6.25%	0.15%

QARP Overweight 336 Positions Relative to PHEQ

Symbol	Grade	Weight
BRK.A	C	5.27%
XOM	D	3.16%
WMT	B	2.74%
JNJ	C	2.59%
COST	B	2.33%
UNH	C	2.32%
HD	A	1.97%
CSCO	B	1.8%
V	C	1.75%
MA	B	1.54%
CVX	D	1.42%
PG	C	1.41%
ACN	C	1.12%
MCK	F	0.98%
ADBE	F	0.93%
TJX	C	0.83%
AMAT	D	0.83%
CMCSA	D	0.82%
LOW	A	0.78%
COP	D	0.78%
LMT	B	0.77%
VZ	B	0.72%
T	C	0.68%
BKNG	B	0.67%
CAT	B	0.66%
ELV	C	0.64%
CI	C	0.62%
TSLA	C	0.6%
MO	C	0.59%
MMC	C	0.58%
PFE	C	0.57%
PM	C	0.53%
BMY	C	0.53%
SBUX	C	0.52%
EOG	D	0.48%
LRCX	F	0.48%
LEN	C	0.47%
TGT	C	0.42%
UPS	F	0.41%
MCD	B	0.4%
NUE	F	0.39%
TXN	C	0.39%
REGN	C	0.39%
MRK	D	0.39%
CAH	C	0.38%
DHI	C	0.38%
MCO	A	0.35%
FDX	F	0.35%
HUM	F	0.35%
ORLY	D	0.35%
AZO	D	0.34%
PSA	B	0.34%
NKE	D	0.34%
SYY	D	0.33%
AON	B	0.32%
MU	F	0.32%
HCA	A	0.32%
ADM	D	0.32%
PYPL	B	0.31%
ITW	C	0.31%
GILD	B	0.31%
CNC	C	0.31%
CTSH	C	0.29%
QCOM	F	0.28%
ROST	C	0.28%
KR	C	0.28%
MPC	D	0.27%
ACGL	B	0.27%
DE	B	0.26%
BBY	C	0.26%
GWW	A	0.25%
NVR	B	0.25%
TROW	D	0.24%
CL	C	0.24%
PHM	B	0.24%
CMI	C	0.23%
VRTX	D	0.22%
GM	B	0.22%
ABT	C	0.22%
URI	B	0.22%
ABNB	D	0.22%
KVUE	C	0.21%
KLAC	D	0.21%
STLD	D	0.21%
PCAR	D	0.21%
MSCI	C	0.21%
CVS	F	0.2%
ADP	B	0.2%
PAYX	C	0.19%
BLDR	C	0.19%
FANG	D	0.19%
SPG	A	0.19%
FAST	C	0.19%
ODFL	D	0.18%
DVN	D	0.18%
VLO	F	0.18%
EA	D	0.18%
WSM	D	0.18%
ISRG	C	0.17%
ULTA	D	0.17%
DAL	C	0.17%
FTNT	B	0.17%
RS	D	0.16%
TSCO	C	0.16%
KMB	D	0.16%
GEV	B	0.15%
GEHC	C	0.15%
LULU	D	0.15%
EXPE	C	0.14%
DRI	B	0.14%
LPLA	F	0.14%
VST	A	0.14%
COF	A	0.14%
SLB	F	0.14%
MNST	D	0.14%
EXPD	C	0.14%
PSX	D	0.13%
CF	C	0.13%
UNP	C	0.13%
GRMN	D	0.13%
FCNCA	D	0.13%
EME	A	0.13%
MTG	B	0.12%
CHTR	D	0.12%
KEYS	C	0.12%
MMM	A	0.12%
OC	D	0.12%
ANET	A	0.12%
LYB	F	0.11%
CMG	C	0.11%
SYF	C	0.11%
MTD	D	0.11%
MAR	C	0.11%
MRO	C	0.11%
SOLV	C	0.11%
CASY	D	0.11%
DECK	D	0.11%
ADI	C	0.1%
HSY	D	0.1%
EVR	A	0.1%
LUV	C	0.1%
UTHR	C	0.1%
FDS	C	0.1%
CPNG	A	0.1%
A	C	0.1%
DKS	D	0.1%
SNA	C	0.1%
BJ	D	0.1%
GIS	B	0.1%
CTRA	D	0.1%
CINF	C	0.09%
MRNA	F	0.09%
WY	C	0.09%
ROK	F	0.09%
HRB	C	0.09%
AMG	C	0.09%
CBRE	A	0.09%
EBAY	B	0.09%
TPR	C	0.09%
SWKS	F	0.09%
CTAS	C	0.08%
PFGC	B	0.08%
WSO	C	0.08%
TOL	B	0.08%
CBOE	C	0.08%
GPC	D	0.08%
VICI	C	0.08%
HPQ	D	0.08%
DLTR	F	0.08%
MAS	B	0.08%
DOW	D	0.08%
WST	D	0.08%
AMD	D	0.08%
BKR	C	0.08%
NTAP	D	0.07%
CSX	D	0.07%
AYI	A	0.07%
GGG	C	0.07%
LYV	B	0.07%
DOX	C	0.07%
MOH	D	0.07%
ATO	B	0.07%
INTC	F	0.07%
TT	A	0.07%
SPGI	A	0.07%
AOS	D	0.07%
RNR	B	0.06%
EXP	B	0.06%
BLD	D	0.06%
CHK	D	0.06%
ADSK	C	0.06%
PGR	A	0.06%
INCY	C	0.06%
ALGN	D	0.06%
EW	F	0.06%
AGCO	D	0.06%
CHRW	A	0.06%
EG	C	0.06%
K	A	0.06%
UHS	B	0.06%
HAL	F	0.06%
SKX	D	0.06%
OXY	F	0.06%
SEIC	C	0.06%
UAL	C	0.06%
VRSN	D	0.06%
RHI	D	0.06%
CPRT	D	0.06%
LNG	C	0.06%
TXT	D	0.06%
FICO	B	0.06%
BWA	D	0.06%
POOL	D	0.06%
APTV	D	0.06%
CLX	C	0.06%
MOS	F	0.05%
CHRD	F	0.05%
LEA	F	0.05%
JBHT	D	0.05%
PKG	B	0.05%
HOLX	C	0.05%
ON	F	0.05%
RL	B	0.05%
ITT	B	0.05%
JKHY	C	0.05%
LSTR	F	0.05%
CSL	B	0.05%
MUSA	D	0.05%
FND	C	0.05%
TXRH	C	0.05%
PWR	B	0.05%
JBL	D	0.05%
MGM	D	0.05%
MKTX	C	0.05%
CLF	F	0.05%
YUM	F	0.05%
BX	B	0.05%
FFIV	B	0.05%
ACI	F	0.05%
OSK	D	0.04%
ACM	B	0.04%
EPAM	F	0.04%
MEDP	D	0.04%
USFD	B	0.04%
JNPR	A	0.04%
X	D	0.04%
LPX	B	0.04%
KNSL	C	0.04%
CCL	C	0.04%
CNP	D	0.04%
AMCR	C	0.04%
CE	F	0.04%
WBD	D	0.04%
TER	D	0.04%
NYT	C	0.04%
J	C	0.04%
LVS	D	0.04%
ARMK	C	0.04%
TSN	D	0.04%
LECO	F	0.04%
FCX	D	0.04%
DBX	D	0.04%
IP	C	0.04%
CHE	C	0.04%
FIX	A	0.04%
COKE	C	0.04%
GNTX	D	0.04%
INGR	B	0.04%
CNM	F	0.04%
SAIA	D	0.04%
DCI	D	0.04%
ORCL	B	0.04%
OTIS	C	0.04%
BURL	C	0.04%
MCHP	D	0.04%
TTEK	C	0.03%
APA	F	0.03%
LKQ	F	0.03%
WTW	C	0.03%
LOPE	D	0.03%
EXEL	C	0.03%
OVV	F	0.03%
SSD	C	0.03%
FOXA	B	0.03%
KNX	D	0.03%
OLN	D	0.03%
MHK	C	0.03%
DPZ	D	0.03%
HII	D	0.03%
SJM	C	0.03%
AAL	D	0.03%
PVH	F	0.03%
THO	D	0.03%
GLPI	C	0.03%
GAP	F	0.03%
MSM	D	0.03%
DGX	C	0.03%
ROL	C	0.03%
FCN	C	0.03%
AMGN	B	0.03%
HLI	A	0.03%
ALSN	B	0.03%
TAP	D	0.03%
CRUS	D	0.03%
RPRX	D	0.03%
VVV	D	0.03%
PAYC	D	0.03%
COIN	F	0.03%
EL	F	0.03%
PII	D	0.03%
LAMR	A	0.03%
HST	C	0.03%
ALK	C	0.03%
CROX	D	0.03%
WYNN	D	0.03%
BBWI	F	0.02%
AR	D	0.02%
DINO	F	0.02%
CDNS	D	0.02%
JHG	B	0.02%
BIIB	F	0.02%
ALB	F	0.02%
NEU	D	0.02%
ABBV	C	0.02%
CDW	D	0.02%
G	C	0.02%
RLI	B	0.02%
FIVE	D	0.02%
CTVA	B	0.02%
MTZ	B	0.02%
DD	B	0.02%
M	F	0.02%
CPB	B	0.02%
PINC	D	0.02%
WAT	C	0.02%
IWB	A	0.0%

QARP Underweight 0 Positions Relative to PHEQ

	Symbol	Grade	Weight