SCHV vs. PHEQ ETF Comparison

Comparison of Schwab U.S. Large-Cap Value ETF (SCHV) to Parametric Hedged Equity ETF (PHEQ)

SCHV

Schwab U.S. Large-Cap Value ETF

SCHV Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Value Total Stock Market IndexSM. The fund invests at least 90% of net assets in stocks that are included in the index. The index includes the large-cap value portion of the Dow Jones U.S. Total Stock Market Index actually available to investors in the marketplace. The Dow Jones U.S. Large-Cap Value Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as "value" based on a number of factors. The index is a float-adjusted market capitalization weighted index.

Grade (RS Rating)

Last Trade

$27.80

Average Daily Volume

889,709

Number of Holdings ^*

512

* 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

$29.49

Average Daily Volume

19,326

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

Performance

Period	SCHV	PHEQ
30 Days	3.08%	1.99%
60 Days	4.55%	3.02%
90 Days	6.85%	3.86%
12 Months	28.96%	16.61%

114 Overlapping Holdings

Symbol	Grade	Weight in SCHV	Weight in PHEQ	Overlap
ABBV	D	1.22%	0.85%	0.85%
ABT	B	0.82%	0.6%	0.6%
AEE	A	0.1%	0.3%	0.1%
AGR	B	0.01%	0.07%	0.01%
AKAM	D	0.05%	0.16%	0.05%
AMCR	D	0.06%	0.21%	0.06%
AME	A	0.18%	0.28%	0.18%
AMGN	D	0.66%	0.45%	0.45%
APTV	D	0.06%	0.14%	0.06%
ARE	D	0.07%	0.21%	0.07%
ARES	A	0.13%	0.25%	0.13%
AVB	B	0.13%	0.35%	0.13%
AXP	A	0.66%	0.57%	0.57%
BA	F	0.41%	0.32%	0.32%
BAC	A	1.26%	0.98%	0.98%
BAH	F	0.09%	0.12%	0.09%
BMY	B	0.48%	0.48%	0.48%
BRK.A	B	3.48%	1.42%	1.42%
BRO	B	0.11%	0.31%	0.11%
BSY	D	0.03%	0.04%	0.03%
CAG	D	0.05%	0.17%	0.05%
CAT	B	0.76%	0.55%	0.55%
CE	F	0.03%	0.05%	0.03%
CFG	B	0.08%	0.26%	0.08%
CMS	C	0.08%	0.31%	0.08%
CNP	B	0.08%	0.28%	0.08%
COR	B	0.18%	0.3%	0.18%
CPB	D	0.04%	0.18%	0.04%
CSCO	B	0.97%	0.79%	0.79%
CTAS	B	0.31%	0.42%	0.31%
CVX	A	1.1%	0.84%	0.84%
DAL	C	0.17%	0.39%	0.17%
DE	A	0.41%	0.44%	0.41%
DIS	B	0.76%	0.57%	0.57%
DOC	D	0.06%	0.29%	0.06%
DOV	A	0.11%	0.33%	0.11%
DRI	B	0.08%	0.3%	0.08%
DTE	C	0.1%	0.31%	0.1%
DVN	F	0.1%	0.17%	0.1%
EQR	B	0.1%	0.32%	0.1%
ESS	B	0.08%	0.19%	0.08%
ETR	B	0.13%	0.4%	0.13%
EXPD	D	0.07%	0.23%	0.07%
EXR	D	0.14%	0.32%	0.14%
FANG	D	0.14%	0.24%	0.14%
FE	C	0.09%	0.24%	0.09%
GLW	B	0.15%	0.25%	0.15%
HAL	C	0.11%	0.16%	0.11%
HBAN	A	0.1%	0.31%	0.1%
HD	A	1.65%	1.15%	1.15%
HIG	B	0.14%	0.33%	0.14%
HUBB	B	0.1%	0.13%	0.1%
HWM	A	0.19%	0.36%	0.19%
IBM	C	0.79%	0.56%	0.56%
IFF	D	0.09%	0.16%	0.09%
JNJ	D	1.5%	1.04%	1.04%
JPM	A	2.78%	1.73%	1.73%
K	A	0.09%	0.34%	0.09%
KKR	A	0.42%	0.46%	0.42%
KMB	D	0.18%	0.33%	0.18%
KO	D	0.99%	0.77%	0.77%
L	A	0.06%	0.24%	0.06%
LH	C	0.08%	0.31%	0.08%
LMT	D	0.48%	0.58%	0.48%
LNT	A	0.06%	0.33%	0.06%
LOW	D	0.63%	0.57%	0.57%
LYB	F	0.09%	0.22%	0.09%
MAA	B	0.08%	0.27%	0.08%
MDT	D	0.46%	0.51%	0.46%
MGM	D	0.04%	0.13%	0.04%
MMM	D	0.29%	0.44%	0.29%
MRK	F	1.01%	0.69%	0.69%
MRO	B	0.07%	0.24%	0.07%
MS	A	0.67%	0.39%	0.39%
MU	D	0.45%	0.31%	0.31%
NDAQ	A	0.13%	0.24%	0.13%
NDSN	B	0.06%	0.14%	0.06%
NEM	D	0.19%	0.23%	0.19%
ON	D	0.12%	0.14%	0.12%
ORCL	B	1.23%	0.73%	0.73%
OTIS	C	0.16%	0.33%	0.16%
PEP	F	0.92%	0.72%	0.72%
PFG	D	0.08%	0.2%	0.08%
PG	A	1.59%	1.09%	1.09%
PHM	D	0.11%	0.3%	0.11%
PPG	F	0.12%	0.18%	0.12%
PPL	B	0.1%	0.34%	0.1%
PRU	A	0.18%	0.37%	0.18%
PYPL	B	0.36%	0.28%	0.28%
QCOM	F	0.72%	0.33%	0.33%
ROST	C	0.19%	0.32%	0.19%
RPRX	D	0.04%	0.04%	0.04%
RSG	A	0.18%	0.34%	0.18%
SCHW	B	0.47%	0.35%	0.35%
SIRI	C	0.02%	0.03%	0.02%
SNAP	C	0.05%	0.05%	0.05%
SSNC	B	0.06%	0.21%	0.06%
STLD	B	0.08%	0.11%	0.08%
SUI	D	0.06%	0.1%	0.06%
SYF	B	0.1%	0.27%	0.1%
T	A	0.65%	0.68%	0.65%
TRU	D	0.08%	0.09%	0.08%
TRV	B	0.24%	0.39%	0.24%
TXN	C	0.76%	0.59%	0.59%
UNP	C	0.59%	0.52%	0.52%
WFC	A	1.0%	0.67%	0.67%
WLK	D	0.02%	0.04%	0.02%
WM	A	0.33%	0.44%	0.33%
WMT	A	1.51%	0.96%	0.96%
WRB	A	0.07%	0.21%	0.07%
WSM	B	0.07%	0.02%	0.02%
XOM	B	2.19%	1.4%	1.4%
YUM	B	0.15%	0.33%	0.15%
ZBH	C	0.09%	0.14%	0.09%

SCHV Overweight 398 Positions Relative to PHEQ

Symbol	Grade	Weight
MCD	D	0.87%
PM	B	0.79%
GS	A	0.76%
VZ	C	0.7%
CMCSA	B	0.69%
RTX	C	0.67%
HON	B	0.62%
NEE	D	0.62%
AMAT	F	0.61%
PFE	D	0.61%
ETN	A	0.6%
TJX	A	0.56%
SYK	C	0.54%
COP	C	0.53%
BSX	B	0.53%
BX	A	0.53%
C	A	0.53%
ADP	B	0.51%
GILD	C	0.47%
SBUX	A	0.46%
MMC	B	0.45%
PLD	D	0.44%
ADI	D	0.43%
INTC	D	0.43%
CB	C	0.43%
UPS	C	0.4%
SO	D	0.39%
CI	F	0.38%
TT	A	0.38%
MO	A	0.38%
AMT	D	0.37%
NKE	D	0.37%
MDLZ	F	0.36%
ICE	C	0.36%
DUK	C	0.35%
APH	A	0.35%
MSI	B	0.34%
PNC	B	0.34%
AON	A	0.34%
GD	F	0.33%
CME	A	0.33%
WELL	A	0.32%
USB	A	0.32%
EOG	A	0.31%
ITW	B	0.3%
CL	D	0.3%
EMR	A	0.3%
CSX	B	0.29%
COF	B	0.29%
NOC	D	0.29%
TGT	F	0.29%
CVS	D	0.28%
APD	A	0.28%
FDX	B	0.27%
BDX	F	0.27%
WMB	A	0.27%
OKE	A	0.26%
ECL	D	0.26%
CARR	D	0.26%
GM	B	0.26%
HCA	F	0.26%
AJG	B	0.26%
NSC	B	0.25%
PCAR	B	0.25%
SLB	C	0.25%
FCX	D	0.25%
TFC	A	0.25%
SRE	A	0.24%
AFL	B	0.23%
NXPI	D	0.23%
JCI	C	0.23%
BK	A	0.23%
MPC	D	0.22%
PSX	C	0.22%
DLR	B	0.22%
SPG	B	0.22%
AMP	A	0.22%
RCL	A	0.22%
KMI	A	0.21%
ALL	A	0.21%
PSA	D	0.21%
PWR	A	0.2%
MET	A	0.2%
FIS	C	0.2%
VST	B	0.2%
AIG	B	0.2%
O	D	0.2%
LHX	C	0.2%
AEP	D	0.2%
CMI	A	0.2%
PAYX	C	0.19%
DHI	D	0.19%
D	C	0.19%
FAST	B	0.19%
F	C	0.18%
PEG	A	0.18%
DFS	B	0.18%
KVUE	A	0.18%
CCI	D	0.18%
VLO	C	0.18%
PCG	A	0.18%
CTSH	B	0.17%
CBRE	B	0.17%
VRSK	A	0.17%
LEN	D	0.17%
IR	B	0.17%
XEL	A	0.16%
GEHC	F	0.16%
EA	A	0.16%
A	D	0.16%
KR	B	0.16%
MNST	C	0.16%
HPQ	B	0.15%
NUE	C	0.15%
GIS	D	0.15%
SYY	B	0.15%
KDP	D	0.15%
ACGL	D	0.15%
EXC	C	0.15%
IRM	D	0.14%
OXY	D	0.14%
DD	D	0.14%
WAB	B	0.14%
MTB	A	0.14%
MCHP	D	0.14%
WEC	A	0.13%
DOW	F	0.13%
EIX	B	0.13%
FITB	A	0.13%
WTW	B	0.13%
ROK	B	0.13%
GRMN	B	0.13%
VICI	C	0.13%
ED	D	0.13%
HPE	B	0.12%
STT	A	0.12%
UAL	A	0.12%
GPN	B	0.12%
RJF	A	0.12%
XYL	D	0.12%
TSCO	D	0.12%
EBAY	D	0.12%
CNC	D	0.12%
CAH	B	0.12%
VLTO	D	0.11%
LDOS	C	0.11%
CHD	B	0.11%
TROW	B	0.11%
VTR	C	0.11%
FTV	C	0.11%
BR	A	0.11%
HSY	F	0.11%
KEYS	A	0.11%
KHC	F	0.11%
CINF	A	0.1%
RF	A	0.1%
BIIB	F	0.1%
NTAP	C	0.1%
CCL	B	0.1%
ADM	D	0.1%
CDW	F	0.1%
SW	A	0.1%
AWK	D	0.1%
EQT	B	0.1%
PKG	A	0.09%
NTRS	A	0.09%
ES	D	0.09%
STE	F	0.09%
EXPE	B	0.09%
WY	D	0.09%
ATO	A	0.09%
J	F	0.08%
WSO	A	0.08%
BALL	D	0.08%
SNA	A	0.08%
CTRA	B	0.08%
MKC	D	0.08%
NRG	B	0.08%
INVH	D	0.08%
LUV	C	0.08%
IP	B	0.08%
OMC	C	0.08%
CLX	B	0.08%
WDC	D	0.08%
CBOE	B	0.08%
ZBRA	B	0.08%
STX	D	0.08%
FOXA	B	0.07%
GWRE	A	0.07%
NI	A	0.07%
USFD	A	0.07%
AVY	D	0.07%
TXT	D	0.07%
GEN	B	0.07%
BAX	D	0.07%
KIM	A	0.07%
RBA	A	0.07%
BURL	A	0.07%
DG	F	0.07%
OC	A	0.07%
GPC	D	0.07%
MAS	D	0.07%
RS	B	0.07%
TER	D	0.07%
XPO	B	0.07%
RPM	A	0.07%
LVS	C	0.07%
IEX	B	0.07%
MANH	D	0.07%
NTNX	A	0.07%
PNR	A	0.07%
KEY	B	0.07%
BBY	D	0.07%
UTHR	C	0.07%
TRMB	B	0.07%
DGX	A	0.07%
TSN	B	0.07%
HOLX	D	0.07%
ELS	C	0.06%
UDR	B	0.06%
NWSA	B	0.06%
SOFI	A	0.06%
FFIV	B	0.06%
EWBC	A	0.06%
ROL	B	0.06%
EVRG	A	0.06%
EL	F	0.06%
CW	B	0.06%
JBL	B	0.06%
GGG	B	0.06%
FLEX	A	0.06%
ACM	A	0.06%
Z	A	0.06%
RGA	A	0.06%
EQH	B	0.06%
CF	B	0.06%
TOL	B	0.06%
THC	D	0.06%
VTRS	A	0.06%
VRSN	F	0.06%
ENTG	D	0.06%
FNF	B	0.06%
AIZ	A	0.05%
OVV	B	0.05%
TAP	C	0.05%
LAMR	D	0.05%
DKS	C	0.05%
RRX	B	0.05%
LW	C	0.05%
BXP	D	0.05%
ATR	B	0.05%
BJ	A	0.05%
EMN	D	0.05%
TPR	B	0.05%
SJM	D	0.05%
LECO	B	0.05%
AMH	D	0.05%
TECH	D	0.05%
NCLH	B	0.05%
REG	B	0.05%
UHS	D	0.05%
JEF	A	0.05%
WPC	D	0.05%
UNM	A	0.05%
KMX	B	0.05%
BG	F	0.05%
ALLE	D	0.05%
SCI	B	0.05%
ITT	A	0.05%
JNPR	F	0.05%
HST	C	0.05%
TTEK	F	0.05%
JLL	D	0.05%
ALB	C	0.05%
NVT	B	0.05%
JKHY	D	0.05%
INCY	C	0.05%
CHRW	C	0.05%
CPT	B	0.05%
DLTR	F	0.05%
SWKS	F	0.05%
SWK	D	0.05%
GLPI	C	0.05%
OGE	B	0.04%
AOS	F	0.04%
CNH	C	0.04%
HRL	D	0.04%
APG	B	0.04%
CFR	B	0.04%
ZION	B	0.04%
AXTA	A	0.04%
ORI	A	0.04%
SNX	C	0.04%
RGLD	C	0.04%
AR	B	0.04%
TFX	F	0.04%
REXR	F	0.04%
AAL	B	0.04%
KNX	B	0.04%
WCC	B	0.04%
KBR	F	0.04%
CMA	A	0.04%
DCI	B	0.04%
MORN	B	0.04%
FBIN	D	0.04%
PR	B	0.04%
TPX	B	0.04%
SOLV	C	0.04%
AES	F	0.04%
WTRG	B	0.04%
GL	B	0.04%
ALLY	C	0.04%
LAD	A	0.04%
MKTX	D	0.04%
WAL	B	0.04%
LKQ	D	0.04%
AYI	B	0.04%
OHI	C	0.04%
WBS	A	0.04%
ERIE	D	0.04%
GME	C	0.04%
CIEN	B	0.04%
ARMK	B	0.04%
EHC	B	0.04%
PNW	B	0.04%
AFG	A	0.04%
AA	B	0.04%
WWD	B	0.04%
FHN	A	0.04%
CG	A	0.04%
CUBE	D	0.04%
CCK	C	0.04%
IPG	D	0.04%
STWD	C	0.03%
BRKR	D	0.03%
WBA	F	0.03%
VFC	C	0.03%
BEN	C	0.03%
DAR	C	0.03%
MTN	C	0.03%
PARA	C	0.03%
DINO	D	0.03%
FMC	D	0.03%
LSCC	D	0.03%
ELAN	D	0.03%
GNTX	C	0.03%
UHAL	D	0.03%
BBWI	D	0.03%
CGNX	C	0.03%
MASI	A	0.03%
DVA	B	0.03%
ALV	C	0.03%
WEX	D	0.03%
MHK	D	0.03%
MIDD	C	0.03%
AGNC	D	0.03%
G	B	0.03%
BERY	B	0.03%
ACI	C	0.03%
WH	B	0.03%
NNN	D	0.03%
RHI	B	0.03%
JAZZ	B	0.03%
BWA	D	0.03%
MTCH	D	0.03%
IVZ	B	0.03%
SEIC	B	0.03%
CHRD	D	0.03%
HII	D	0.03%
WYNN	D	0.03%
VOYA	B	0.03%
ONTO	D	0.03%
APA	D	0.03%
LNW	D	0.03%
HAS	D	0.03%
MOS	F	0.03%
CRBG	B	0.03%
CBSH	A	0.03%
CZR	F	0.03%
EGP	F	0.03%
HSIC	B	0.03%
FRT	B	0.03%
TTC	D	0.03%
ST	F	0.02%
POST	C	0.02%
AGCO	D	0.02%
LEA	D	0.02%
COLD	D	0.02%
ARW	D	0.02%
UI	A	0.01%
REYN	D	0.01%
PPC	C	0.01%
LCID	F	0.01%
BOKF	B	0.01%
COTY	F	0.01%
ADTN	A	0.01%
PAG	B	0.01%
CNA	B	0.0%

SCHV Underweight 89 Positions Relative to PHEQ

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%
AVGO	D	-1.71%
LLY	F	-1.39%
UNH	C	-1.37%
V	A	-1.28%
MA	C	-1.14%
COST	B	-1.07%
NFLX	A	-0.8%
LIN	D	-0.67%
CRM	B	-0.63%
NOW	A	-0.61%
TMO	F	-0.59%
ISRG	A	-0.58%
AMD	F	-0.51%
TMUS	B	-0.51%
ADBE	C	-0.48%
TRGP	B	-0.46%
BKNG	A	-0.39%
PLTR	B	-0.36%
VRTX	F	-0.36%
KLAC	D	-0.34%
PANW	C	-0.3%
APO	B	-0.3%
UBER	D	-0.29%
LRCX	F	-0.29%
MRVL	B	-0.25%
MELI	D	-0.25%
LII	A	-0.25%
URI	B	-0.24%
JBHT	C	-0.24%
RMD	C	-0.24%
MKL	A	-0.23%
ULTA	F	-0.23%
LNG	B	-0.22%
HEI	B	-0.22%
REGN	F	-0.21%
LULU	C	-0.21%
MSTR	C	-0.2%
SPOT	B	-0.19%
TTD	B	-0.18%
ZM	B	-0.18%
WBD	C	-0.18%
CSL	C	-0.18%
CRWD	B	-0.17%
ABNB	C	-0.15%
MOH	F	-0.14%
HEI	B	-0.14%
DELL	C	-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%
COIN	C	-0.12%
TW	A	-0.11%
IBKR	A	-0.11%
VRT	B	-0.1%
VEEV	C	-0.1%
DOX	D	-0.09%
BLDR	D	-0.08%
ZS	C	-0.08%
NET	B	-0.07%
SCCO	F	-0.07%
YUMC	C	-0.07%
DKNG	B	-0.07%
SNOW	C	-0.06%
ALGN	D	-0.06%
AVTR	F	-0.06%
TEAM	A	-0.06%
LPLA	A	-0.05%
OWL	A	-0.05%
ILMN	D	-0.05%
OKTA	C	-0.04%
CPNG	D	-0.03%
PINS	D	-0.03%
ENPH	F	-0.03%
RKT	F	-0.03%
WMG	C	-0.02%
MRNA	F	-0.01%