SCHX vs. PHDG ETF Comparison

Comparison of Schwab U.S. Large-Cap ETF (SCHX) to PowerShares S&P 500 Downside Hedged Portfolio (PHDG)

SCHX

Schwab U.S. Large-Cap ETF

SCHX 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 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 portion of the Dow Jones U.S. Total Stock Market IndexSM actually available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The index is a float-adjusted market capitalization weighted index. It may invest up to 10% of its net assets in securities not included in its index.

Grade (RS Rating)

Last Trade

$66.56

Average Daily Volume

1,377,189

Number of Holdings ^*

727

* may have additional holdings in another (foreign) market

PHDG

PowerShares S&P 500 Downside Hedged Portfolio

PHDG Description

The PowerShares S&P 500® Downside Hedged Portfolio (the Fund) is an actively managed exchange-traded fund (ETF) that seeks to achieve positive total returns in rising or falling markets that are not directly correlated to broad equity or fixed-income market returns. The Fund seeks to achieve its investment objective by using a quantitative, rules-based strategy designed to provide returns that correspond to the performance of the S&P 500® Dynamic VEQTOR Index (the Index). The Index provides investors with broad equity market exposure with an implied volatility hedge by dynamically allocating between equity, volatility and cash. The index allows investors to receive exposure to the equity and volatility of the S&P 500 Index in a dynamic framework.

Grade (RS Rating)

Last Trade

$37.57

Average Daily Volume

14,055

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	SCHX	PHDG
30 Days	1.62%	0.12%
60 Days	1.84%	-1.00%
90 Days	3.08%	0.02%
12 Months	28.25%	19.33%

493 Overlapping Holdings

	Symbol	Grade	Weight in SCHX	Weight in PHDG	Overlap
	A	C	0.08%	0.05%	0.05%
	AAL	D	0.01%	0.01%	0.01%
	AAPL	D	6.46%	3.66%	3.66%
	ABBV	B	0.69%	0.4%	0.4%
	ABNB	D	0.1%	0.06%	0.06%
	ABT	B	0.41%	0.23%	0.23%
	ACGL	A	0.08%	0.05%	0.05%
	ACN	C	0.44%	0.25%	0.25%
	ADBE	D	0.52%	0.3%	0.3%
	ADI	D	0.22%	0.13%	0.13%
	ADM	D	0.06%	0.03%	0.03%
	ADP	A	0.23%	0.13%	0.13%
	ADSK	B	0.11%	0.06%	0.06%
	AEE	A	0.05%	0.03%	0.03%
	AEP	A	0.11%	0.06%	0.06%
	AES	C	0.03%	0.01%	0.01%
	AFL	B	0.11%	0.07%	0.07%
	AIG	D	0.1%	0.06%	0.06%
	AIZ	C	0.02%	0.01%	0.01%
	AJG	A	0.13%	0.07%	0.07%
	AKAM	D	0.03%	0.02%	0.02%
	ALB	D	0.02%	0.01%	0.01%
	ALGN	D	0.03%	0.02%	0.02%
	ALL	A	0.1%	0.06%	0.06%
	ALLE	A	0.02%	0.01%	0.01%
	AMAT	D	0.31%	0.17%	0.17%
	AMCR	B	0.03%	0.02%	0.02%
	AMD	D	0.49%	0.26%	0.26%
	AME	D	0.08%	0.04%	0.04%
	AMGN	B	0.36%	0.2%	0.2%
	AMP	B	0.09%	0.05%	0.05%
	AMT	B	0.22%	0.12%	0.12%
	AMZN	C	3.4%	1.82%	1.82%
	ANET	C	0.18%	0.09%	0.09%
	ANSS	D	0.06%	0.03%	0.03%
	AON	B	0.15%	0.09%	0.09%
	AOS	D	0.02%	0.01%	0.01%
	APA	F	0.02%	0.01%	0.01%
	APD	B	0.12%	0.07%	0.07%
	APH	D	0.15%	0.08%	0.08%
	APTV	F	0.04%	0.02%	0.02%
	ARE	B	0.04%	0.02%	0.02%
	ATO	A	0.04%	0.02%	0.02%
	AVB	B	0.07%	0.04%	0.04%
	AVGO	C	1.39%	0.77%	0.77%
	AVY	B	0.04%	0.02%	0.02%
	AWK	A	0.06%	0.03%	0.03%
	AXON	A	0.05%	0.03%	0.03%
	AXP	B	0.29%	0.16%	0.16%
	AZO	C	0.11%	0.06%	0.06%
	BA	F	0.19%	0.11%	0.11%
	BAC	D	0.53%	0.32%	0.32%
	BALL	C	0.04%	0.02%	0.02%
	BAX	C	0.04%	0.02%	0.02%
	BBWI	F	0.01%	0.01%	0.01%
	BBY	B	0.04%	0.02%	0.02%
	BDX	D	0.14%	0.08%	0.08%
	BEN	D	0.01%	0.01%	0.01%
	BG	F	0.03%	0.02%	0.02%
	BIIB	F	0.06%	0.03%	0.03%
	BIO	C	0.01%	0.01%	0.01%
	BK	A	0.1%	0.06%	0.06%
	BKNG	B	0.26%	0.15%	0.15%
	BKR	D	0.07%	0.04%	0.04%
	BLDR	C	0.04%	0.02%	0.02%
	BLK	A	0.25%	0.14%	0.14%
	BMY	C	0.2%	0.12%	0.12%
	BR	B	0.05%	0.03%	0.03%
	BRK.A	C	1.65%	1.0%	1.0%
	BRO	B	0.05%	0.03%	0.03%
	BSX	B	0.25%	0.14%	0.14%
	BWA	F	0.01%	0.01%	0.01%
	BX	A	0.21%	0.11%	0.11%
	BXP	A	0.02%	0.01%	0.01%
	C	D	0.22%	0.13%	0.13%
	CAG	B	0.03%	0.02%	0.02%
	CAH	B	0.06%	0.03%	0.03%
	CARR	A	0.12%	0.07%	0.07%
	CAT	C	0.33%	0.19%	0.19%
	CB	B	0.23%	0.14%	0.14%
	CBOE	B	0.04%	0.03%	0.03%
	CBRE	B	0.07%	0.04%	0.04%
	CCI	B	0.11%	0.06%	0.06%
	CCL	C	0.03%	0.02%	0.02%
	CDNS	D	0.14%	0.08%	0.08%
	CDW	D	0.06%	0.03%	0.03%
	CE	D	0.02%	0.01%	0.01%
	CEG	C	0.12%	0.06%	0.06%
	CF	C	0.03%	0.02%	0.02%
	CFG	C	0.04%	0.02%	0.02%
	CHD	B	0.05%	0.03%	0.03%
	CHRW	C	0.02%	0.01%	0.01%
	CHTR	D	0.06%	0.04%	0.04%
	CI	B	0.2%	0.12%	0.12%
	CINF	B	0.04%	0.02%	0.02%
	CL	C	0.18%	0.1%	0.1%
	CLX	B	0.04%	0.02%	0.02%
	CMCSA	D	0.3%	0.17%	0.17%
	CME	B	0.16%	0.09%	0.09%
	CMG	C	0.15%	0.08%	0.08%
	CMI	C	0.08%	0.05%	0.05%
	CMS	A	0.04%	0.02%	0.02%
	CNC	C	0.08%	0.04%	0.04%
	CNP	C	0.04%	0.02%	0.02%
	COF	D	0.1%	0.06%	0.06%
	COP	F	0.24%	0.15%	0.15%
	COST	B	0.8%	0.45%	0.45%
	CPAY	C	0.04%	0.03%	0.03%
	CPB	B	0.02%	0.01%	0.01%
	CPRT	F	0.09%	0.05%	0.05%
	CPT	B	0.03%	0.02%	0.02%
	CRL	D	0.02%	0.01%	0.01%
	CRM	D	0.49%	0.28%	0.28%
	CRWD	D	0.12%	0.07%	0.07%
	CSCO	C	0.4%	0.23%	0.23%
	CSGP	D	0.07%	0.04%	0.04%
	CSX	D	0.13%	0.08%	0.08%
	CTAS	B	0.14%	0.08%	0.08%
	CTLT	B	0.02%	0.01%	0.01%
	CTRA	F	0.03%	0.02%	0.02%
	CTSH	B	0.08%	0.04%	0.04%
	CTVA	B	0.08%	0.04%	0.04%
	CVS	D	0.14%	0.09%	0.09%
	CVX	D	0.48%	0.28%	0.28%
	CZR	D	0.02%	0.01%	0.01%
	D	B	0.1%	0.06%	0.06%
	DAL	C	0.06%	0.03%	0.03%
	DAY	C	0.02%	0.01%	0.01%
	DD	B	0.07%	0.04%	0.04%
	DE	B	0.2%	0.12%	0.12%
	DECK	C	0.05%	0.03%	0.03%
	DFS	C	0.07%	0.04%	0.04%
	DG	F	0.04%	0.02%	0.02%
	DGX	B	0.03%	0.02%	0.02%
	DHI	B	0.11%	0.06%	0.06%
	DHR	B	0.36%	0.2%	0.2%
	DIS	D	0.32%	0.19%	0.19%
	DLR	A	0.1%	0.06%	0.06%
	DLTR	F	0.03%	0.02%	0.02%
	DOC	B	0.03%	0.02%	0.02%
	DOV	B	0.05%	0.03%	0.03%
	DOW	F	0.07%	0.04%	0.04%
	DPZ	D	0.03%	0.02%	0.02%
	DRI	C	0.04%	0.02%	0.02%
	DTE	A	0.05%	0.03%	0.03%
	DUK	B	0.18%	0.1%	0.1%
	DVA	A	0.02%	0.01%	0.01%
	DVN	F	0.05%	0.03%	0.03%
	DXCM	F	0.05%	0.03%	0.03%
	EA	C	0.07%	0.04%	0.04%
	EBAY	A	0.06%	0.03%	0.03%
	ECL	A	0.13%	0.07%	0.07%
	ED	B	0.07%	0.04%	0.04%
	EFX	B	0.07%	0.04%	0.04%
	EG	B	0.03%	0.02%	0.02%
	EIX	B	0.07%	0.04%	0.04%
	EL	F	0.04%	0.02%	0.02%
	ELV	B	0.25%	0.15%	0.15%
	EMN	A	0.02%	0.01%	0.01%
	EMR	D	0.12%	0.07%	0.07%
	ENPH	D	0.03%	0.02%	0.02%
	EOG	D	0.14%	0.08%	0.08%
	EPAM	D	0.02%	0.01%	0.01%
	EQIX	B	0.17%	0.09%	0.09%
	EQR	B	0.05%	0.03%	0.03%
	EQT	D	0.04%	0.02%	0.02%
	ES	B	0.05%	0.03%	0.03%
	ESS	A	0.04%	0.02%	0.02%
	ETN	C	0.24%	0.13%	0.13%
	ETR	A	0.05%	0.03%	0.03%
	ETSY	F	0.01%	0.01%	0.01%
	EVRG	A	0.03%	0.02%	0.02%
	EW	D	0.08%	0.05%	0.05%
	EXC	A	0.08%	0.04%	0.04%
	EXPD	D	0.04%	0.02%	0.02%
	EXPE	C	0.03%	0.02%	0.02%
	EXR	A	0.08%	0.04%	0.04%
	F	D	0.08%	0.05%	0.05%
	FANG	F	0.06%	0.04%	0.04%
	FAST	C	0.08%	0.04%	0.04%
	FCX	D	0.12%	0.07%	0.07%
	FDS	C	0.03%	0.02%	0.02%
	FDX	C	0.13%	0.08%	0.08%
	FE	B	0.05%	0.03%	0.03%
	FFIV	A	0.02%	0.01%	0.01%
	FICO	A	0.09%	0.05%	0.05%
	FIS	A	0.09%	0.05%	0.05%
	FITB	B	0.06%	0.03%	0.03%
	FMC	C	0.02%	0.01%	0.01%
	FOXA	C	0.03%	0.01%	0.01%
	FRT	B	0.02%	0.01%	0.01%
	FSLR	D	0.05%	0.03%	0.03%
	FTNT	B	0.1%	0.06%	0.06%
	FTV	C	0.05%	0.03%	0.03%
	GD	B	0.14%	0.08%	0.08%
	GDDY	D	0.04%	0.03%	0.03%
	GE	A	0.37%	0.21%	0.21%
	GEHC	C	0.07%	0.04%	0.04%
	GEV	B	0.12%	0.06%	0.06%
	GILD	B	0.2%	0.11%	0.11%
	GIS	B	0.08%	0.05%	0.05%
	GL	C	0.02%	0.01%	0.01%
	GLW	C	0.07%	0.04%	0.04%
	GM	C	0.1%	0.06%	0.06%
	GNRC	D	0.02%	0.01%	0.01%
	GOOG	D	1.5%	0.89%	0.89%
	GOOGL	D	1.79%	1.06%	1.06%
	GPC	D	0.04%	0.02%	0.02%
	GPN	C	0.06%	0.03%	0.03%
	GRMN	D	0.06%	0.03%	0.03%
	GS	D	0.31%	0.18%	0.18%
	GWW	B	0.09%	0.05%	0.05%
	HAL	F	0.05%	0.03%	0.03%
	HAS	B	0.02%	0.01%	0.01%
	HBAN	B	0.04%	0.02%	0.02%
	HCA	A	0.15%	0.09%	0.09%
	HD	B	0.74%	0.42%	0.42%
	HES	F	0.07%	0.04%	0.04%
	HIG	B	0.07%	0.04%	0.04%
	HII	D	0.02%	0.01%	0.01%
	HLT	B	0.11%	0.06%	0.06%
	HOLX	B	0.04%	0.02%	0.02%
	HON	D	0.27%	0.15%	0.15%
	HPE	F	0.04%	0.03%	0.03%
	HPQ	D	0.06%	0.04%	0.04%
	HRL	C	0.02%	0.01%	0.01%
	HSIC	D	0.02%	0.01%	0.01%
	HST	D	0.02%	0.01%	0.01%
	HSY	B	0.06%	0.03%	0.03%
	HUBB	B	0.04%	0.02%	0.02%
	HUM	F	0.08%	0.05%	0.05%
	HWM	B	0.07%	0.04%	0.04%
	IBM	A	0.39%	0.22%	0.22%
	ICE	B	0.18%	0.11%	0.11%
	IDXX	C	0.08%	0.04%	0.04%
	IEX	D	0.03%	0.02%	0.02%
	IFF	B	0.05%	0.03%	0.03%
	INCY	C	0.02%	0.01%	0.01%
	INTC	F	0.17%	0.1%	0.1%
	INTU	C	0.36%	0.2%	0.2%
	INVH	B	0.04%	0.02%	0.02%
	IP	B	0.03%	0.02%	0.02%
	IPG	C	0.02%	0.01%	0.01%
	IQV	C	0.09%	0.05%	0.05%
	IR	D	0.07%	0.04%	0.04%
	IRM	A	0.07%	0.04%	0.04%
	ISRG	B	0.35%	0.2%	0.2%
	IT	B	0.08%	0.04%	0.04%
	ITW	B	0.14%	0.08%	0.08%
	IVZ	C	0.01%	0.01%	0.01%
	J	D	0.04%	0.02%	0.02%
	JBHT	D	0.03%	0.02%	0.02%
	JBL	D	0.03%	0.01%	0.01%
	JCI	B	0.1%	0.05%	0.05%
	JKHY	A	0.03%	0.01%	0.01%
	JNJ	B	0.8%	0.46%	0.46%
	JNPR	B	0.03%	0.01%	0.01%
	JPM	D	1.2%	0.72%	0.72%
	K	A	0.04%	0.02%	0.02%
	KDP	B	0.08%	0.04%	0.04%
	KEY	B	0.03%	0.02%	0.02%
	KEYS	C	0.05%	0.03%	0.03%
	KHC	C	0.06%	0.03%	0.03%
	KIM	B	0.03%	0.02%	0.02%
	KKR	B	0.16%	0.09%	0.09%
	KLAC	D	0.2%	0.12%	0.12%
	KMB	C	0.1%	0.06%	0.06%
	KMI	B	0.08%	0.05%	0.05%
	KMX	D	0.02%	0.01%	0.01%
	KO	B	0.56%	0.32%	0.32%
	KR	B	0.07%	0.04%	0.04%
	KVUE	B	0.09%	0.05%	0.05%
	L	C	0.03%	0.02%	0.02%
	LDOS	B	0.04%	0.02%	0.02%
	LEN	B	0.09%	0.05%	0.05%
	LHX	C	0.09%	0.05%	0.05%
	LIN	B	0.45%	0.26%	0.26%
	LKQ	D	0.02%	0.01%	0.01%
	LLY	C	1.48%	0.87%	0.87%
	LMT	B	0.24%	0.14%	0.14%
	LNT	A	0.03%	0.02%	0.02%
	LOW	B	0.29%	0.16%	0.16%
	LRCX	F	0.2%	0.11%	0.11%
	LULU	D	0.06%	0.03%	0.03%
	LUV	C	0.03%	0.02%	0.02%
	LVS	D	0.03%	0.02%	0.02%
	LW	D	0.02%	0.01%	0.01%
	LYB	F	0.05%	0.03%	0.03%
	LYV	C	0.03%	0.02%	0.02%
	MA	A	0.81%	0.46%	0.46%
	MAA	A	0.04%	0.02%	0.02%
	MAR	D	0.11%	0.06%	0.06%
	MAS	B	0.03%	0.02%	0.02%
	MCD	B	0.42%	0.24%	0.24%
	MCHP	D	0.08%	0.05%	0.05%
	MCK	F	0.13%	0.09%	0.09%
	MCO	B	0.15%	0.09%	0.09%
	MDLZ	B	0.2%	0.12%	0.12%
	MDT	B	0.24%	0.14%	0.14%
	MET	B	0.09%	0.05%	0.05%
	META	B	2.26%	1.29%	1.29%
	MGM	D	0.02%	0.01%	0.01%
	MHK	B	0.02%	0.01%	0.01%
	MKC	B	0.04%	0.02%	0.02%
	MKTX	C	0.02%	0.01%	0.01%
	MLM	D	0.06%	0.04%	0.04%
	MMC	A	0.23%	0.13%	0.13%
	MMM	A	0.15%	0.08%	0.08%
	MNST	C	0.07%	0.04%	0.04%
	MO	C	0.18%	0.11%	0.11%
	MOH	C	0.04%	0.02%	0.02%
	MOS	F	0.02%	0.01%	0.01%
	MPC	F	0.11%	0.07%	0.07%
	MPWR	C	0.09%	0.05%	0.05%
	MRK	D	0.59%	0.34%	0.34%
	MRNA	F	0.05%	0.03%	0.03%
	MRO	D	0.03%	0.02%	0.02%
	MS	D	0.24%	0.14%	0.14%
	MSCI	C	0.09%	0.05%	0.05%
	MSFT	C	6.33%	3.49%	3.49%
	MSI	B	0.15%	0.08%	0.08%
	MTB	B	0.06%	0.03%	0.03%
	MTCH	C	0.02%	0.01%	0.01%
	MTD	D	0.06%	0.03%	0.03%
	MU	F	0.2%	0.11%	0.11%
	NCLH	C	0.02%	0.01%	0.01%
	NDAQ	B	0.06%	0.03%	0.03%
	NDSN	C	0.03%	0.02%	0.02%
	NEE	B	0.35%	0.19%	0.19%
	NEM	B	0.12%	0.07%	0.07%
	NFLX	B	0.59%	0.34%	0.34%
	NI	A	0.03%	0.02%	0.02%
	NKE	D	0.19%	0.11%	0.11%
	NOC	B	0.14%	0.08%	0.08%
	NOW	B	0.36%	0.2%	0.2%
	NRG	C	0.03%	0.02%	0.02%
	NSC	C	0.12%	0.07%	0.07%
	NTAP	D	0.05%	0.03%	0.03%
	NTRS	B	0.04%	0.02%	0.02%
	NUE	D	0.07%	0.04%	0.04%
	NVDA	D	5.79%	3.0%	3.0%
	NVR	B	0.06%	0.03%	0.03%
	NWSA	D	0.03%	0.01%	0.01%
	NXPI	F	0.12%	0.07%	0.07%
	O	B	0.11%	0.06%	0.06%
	ODFL	D	0.07%	0.04%	0.04%
	OKE	A	0.11%	0.06%	0.06%
	OMC	B	0.04%	0.02%	0.02%
	ON	D	0.06%	0.03%	0.03%
	ORCL	B	0.5%	0.26%	0.26%
	ORLY	B	0.13%	0.08%	0.08%
	OTIS	C	0.08%	0.04%	0.04%
	OXY	F	0.07%	0.04%	0.04%
	PANW	C	0.22%	0.13%	0.13%
	PARA	F	0.01%	0.01%	0.01%
	PAYC	D	0.02%	0.01%	0.01%
	PAYX	B	0.09%	0.05%	0.05%
	PCAR	D	0.1%	0.06%	0.06%
	PCG	B	0.08%	0.05%	0.05%
	PEG	A	0.08%	0.05%	0.05%
	PEP	B	0.49%	0.28%	0.28%
	PFE	C	0.34%	0.18%	0.18%
	PFG	C	0.03%	0.02%	0.02%
	PG	A	0.83%	0.48%	0.48%
	PGR	B	0.29%	0.17%	0.17%
	PH	B	0.15%	0.09%	0.09%
	PHM	B	0.06%	0.03%	0.03%
	PKG	B	0.04%	0.02%	0.02%
	PLD	B	0.24%	0.14%	0.14%
	PM	B	0.39%	0.23%	0.23%
	PNC	B	0.14%	0.08%	0.08%
	PNR	A	0.03%	0.02%	0.02%
	PNW	A	0.02%	0.01%	0.01%
	PODD	B	0.03%	0.02%	0.02%
	POOL	C	0.03%	0.02%	0.02%
	PPG	C	0.06%	0.03%	0.03%
	PPL	A	0.05%	0.03%	0.03%
	PRU	C	0.08%	0.05%	0.05%
	PSA	A	0.11%	0.06%	0.06%
	PSX	F	0.11%	0.06%	0.06%
	PTC	D	0.04%	0.02%	0.02%
	PWR	C	0.08%	0.04%	0.04%
	PYPL	B	0.15%	0.09%	0.09%
	QCOM	D	0.38%	0.21%	0.21%
	QRVO	F	0.02%	0.01%	0.01%
	RCL	B	0.08%	0.04%	0.04%
	REG	B	0.02%	0.01%	0.01%
	REGN	C	0.24%	0.14%	0.14%
	RF	C	0.04%	0.02%	0.02%
	RJF	C	0.04%	0.03%	0.03%
	RMD	B	0.07%	0.04%	0.04%
	ROK	D	0.06%	0.03%	0.03%
	ROL	B	0.03%	0.02%	0.02%
	ROP	B	0.12%	0.07%	0.07%
	ROST	C	0.1%	0.06%	0.06%
	RSG	B	0.08%	0.05%	0.05%
	RTX	C	0.32%	0.19%	0.19%
	SBAC	B	0.05%	0.03%	0.03%
	SBUX	C	0.22%	0.12%	0.12%
	SCHW	D	0.19%	0.11%	0.11%
	SHW	A	0.17%	0.1%	0.1%
	SJM	C	0.03%	0.01%	0.01%
	SLB	F	0.11%	0.07%	0.07%
	SMCI	F	0.04%	0.02%	0.02%
	SNA	B	0.03%	0.02%	0.02%
	SNPS	D	0.15%	0.08%	0.08%
	SO	A	0.2%	0.11%	0.11%
	SOLV	C	0.02%	0.01%	0.01%
	SPG	B	0.11%	0.06%	0.06%
	SPGI	A	0.33%	0.19%	0.19%
	SRE	B	0.1%	0.06%	0.06%
	STE	B	0.05%	0.03%	0.03%
	STLD	F	0.03%	0.02%	0.02%
	STT	B	0.05%	0.03%	0.03%
	STX	D	0.04%	0.02%	0.02%
	STZ	C	0.08%	0.05%	0.05%
	SW	B	0.05%	0.03%	0.03%
	SWK	B	0.03%	0.02%	0.02%
	SWKS	F	0.03%	0.02%	0.02%
	SYF	D	0.04%	0.02%	0.02%
	SYK	B	0.25%	0.14%	0.14%
	SYY	C	0.08%	0.05%	0.05%
	T	A	0.31%	0.17%	0.17%
	TAP	C	0.02%	0.01%	0.01%
	TDG	B	0.15%	0.09%	0.09%
	TDY	B	0.04%	0.02%	0.02%
	TECH	D	0.02%	0.01%	0.01%
	TEL	D	0.09%	0.05%	0.05%
	TER	D	0.04%	0.02%	0.02%
	TFC	D	0.11%	0.07%	0.07%
	TFX	B	0.02%	0.01%	0.01%
	TGT	C	0.14%	0.08%	0.08%
	TJX	B	0.27%	0.15%	0.15%
	TMO	B	0.48%	0.27%	0.27%
	TMUS	A	0.21%	0.12%	0.12%
	TPR	C	0.02%	0.01%	0.01%
	TRGP	B	0.06%	0.04%	0.04%
	TRMB	C	0.03%	0.02%	0.02%
	TROW	D	0.05%	0.03%	0.03%
	TRV	A	0.11%	0.06%	0.06%
	TSCO	B	0.06%	0.03%	0.03%
	TSLA	C	1.28%	0.7%	0.7%
	TSN	C	0.04%	0.02%	0.02%
	TT	A	0.16%	0.09%	0.09%
	TTWO	D	0.05%	0.03%	0.03%
	TXN	D	0.37%	0.21%	0.21%
	TXT	D	0.03%	0.02%	0.02%
	TYL	B	0.05%	0.03%	0.03%
	UAL	C	0.03%	0.02%	0.02%
	UBER	C	0.29%	0.17%	0.17%
	UDR	B	0.03%	0.02%	0.02%
	UHS	B	0.03%	0.02%	0.02%
	ULTA	D	0.04%	0.02%	0.02%
	UNH	C	1.09%	0.64%	0.64%
	UNP	B	0.3%	0.18%	0.18%
	UPS	D	0.19%	0.11%	0.11%
	URI	C	0.09%	0.05%	0.05%
	USB	C	0.14%	0.08%	0.08%
	V	A	0.9%	0.51%	0.51%
	VICI	B	0.07%	0.04%	0.04%
	VLO	F	0.09%	0.05%	0.05%
	VLTO	B	0.05%	0.03%	0.03%
	VMC	D	0.06%	0.04%	0.04%
	VRSK	D	0.08%	0.04%	0.04%
	VRSN	D	0.03%	0.02%	0.02%
	VRTX	C	0.25%	0.14%	0.14%
	VST	C	0.05%	0.03%	0.03%
	VTR	B	0.05%	0.03%	0.03%
	VTRS	C	0.03%	0.02%	0.02%
	VZ	A	0.37%	0.2%	0.2%
	WAB	B	0.06%	0.03%	0.03%
	WAT	C	0.04%	0.02%	0.02%
	WBA	F	0.01%	0.01%	0.01%
	WBD	D	0.03%	0.02%	0.02%
	WDC	D	0.04%	0.02%	0.02%
	WEC	B	0.06%	0.03%	0.03%
	WELL	B	0.16%	0.09%	0.09%
	WFC	F	0.38%	0.23%	0.23%
	WM	D	0.15%	0.09%	0.09%
	WMB	A	0.11%	0.06%	0.06%
	WMT	B	0.68%	0.38%	0.38%
	WRB	C	0.04%	0.02%	0.02%
	WST	F	0.04%	0.03%	0.03%
	WTW	B	0.06%	0.03%	0.03%
	WY	C	0.05%	0.03%	0.03%
	WYNN	D	0.01%	0.01%	0.01%
	XEL	B	0.07%	0.04%	0.04%
	XOM	D	0.99%	0.59%	0.59%
	XYL	D	0.06%	0.04%	0.04%
	YUM	B	0.08%	0.04%	0.04%
	ZBH	D	0.04%	0.03%	0.03%
	ZBRA	C	0.03%	0.02%	0.02%
	ZTS	B	0.17%	0.1%	0.1%

SCHX Overweight 234 Positions Relative to PHDG

	Symbol	Grade	Weight
	PLTR	B	0.14%
	MRVL	C	0.13%
	WDAY	D	0.11%
	APO	C	0.1%
	TTD	B	0.09%
	SNOW	F	0.08%
	LNG	C	0.08%
	DASH	C	0.08%
	VEEV	C	0.07%
	ALNY	C	0.07%
	DDOG	D	0.07%
	SQ	D	0.07%
	COIN	F	0.06%
	VRT	C	0.06%
	DELL	D	0.06%
	RBLX	B	0.05%
	NET	D	0.05%
	ARES	C	0.05%
	HEI	A	0.05%
	HUBS	D	0.05%
	TEAM	D	0.05%
	PINS	F	0.04%
	SUI	B	0.04%
	APP	B	0.04%
	ZM	C	0.04%
	EME	A	0.04%
	AVTR	B	0.04%
	LII	A	0.04%
	DKNG	D	0.04%
	TRU	A	0.04%
	CSL	C	0.04%
	BAH	B	0.04%
	MKL	C	0.04%
	ILMN	C	0.04%
	FCNCA	D	0.04%
	MDB	D	0.04%
	ERIE	B	0.03%
	TTEK	B	0.03%
	AMH	B	0.03%
	USFD	A	0.03%
	ACM	B	0.03%
	IBKR	B	0.03%
	TW	A	0.03%
	RNR	B	0.03%
	WPC	B	0.03%
	OC	C	0.03%
	CASY	C	0.03%
	GWRE	A	0.03%
	RGA	B	0.03%
	GGG	C	0.03%
	ELS	B	0.03%
	GLPI	B	0.03%
	TOL	B	0.03%
	ZS	F	0.03%
	PSTG	D	0.03%
	TPL	C	0.03%
	WSO	C	0.03%
	RPM	B	0.03%
	FNF	B	0.03%
	UTHR	C	0.03%
	RBA	B	0.03%
	LPLA	F	0.03%
	RS	D	0.03%
	SSNC	A	0.03%
	BMRN	F	0.03%
	MANH	A	0.03%
	ENTG	D	0.03%
	BURL	B	0.03%
	WSM	C	0.03%
	ACI	D	0.02%
	LBRDK	D	0.02%
	VOYA	A	0.02%
	BERY	B	0.02%
	AYI	B	0.02%
	WBS	D	0.02%
	AXTA	C	0.02%
	CIEN	C	0.02%
	COLD	D	0.02%
	AR	D	0.02%
	SOFI	C	0.02%
	MEDP	D	0.02%
	PEN	D	0.02%
	WEX	C	0.02%
	MORN	C	0.02%
	KNX	C	0.02%
	CHK	D	0.02%
	OGE	B	0.02%
	KBR	D	0.02%
	CG	D	0.02%
	FHN	C	0.02%
	DCI	D	0.02%
	WAL	B	0.02%
	TPX	C	0.02%
	SNX	D	0.02%
	CHE	C	0.02%
	AFG	B	0.02%
	ORI	B	0.02%
	TTC	D	0.02%
	EGP	B	0.02%
	ROKU	C	0.02%
	RGLD	B	0.02%
	ALLY	F	0.02%
	OLED	C	0.02%
	NNN	B	0.02%
	SNAP	F	0.02%
	CNH	C	0.02%
	EHC	B	0.02%
	UNM	B	0.02%
	CHDN	B	0.02%
	OVV	F	0.02%
	JEF	B	0.02%
	RIVN	F	0.02%
	WMS	D	0.02%
	RRX	C	0.02%
	WTRG	D	0.02%
	KNSL	C	0.02%
	ARMK	B	0.02%
	LECO	D	0.02%
	OHI	B	0.02%
	ATR	A	0.02%
	TOST	C	0.02%
	WWD	D	0.02%
	TWLO	D	0.02%
	FTI	D	0.02%
	BJ	D	0.02%
	CACI	B	0.02%
	NVT	D	0.02%
	CCK	A	0.02%
	LAMR	A	0.02%
	ITT	C	0.02%
	RPRX	C	0.02%
	HOOD	C	0.02%
	EWBC	D	0.02%
	REXR	C	0.02%
	PFGC	B	0.02%
	SAIA	D	0.02%
	BSY	D	0.02%
	DOCU	C	0.02%
	FND	C	0.02%
	CW	B	0.02%
	BLD	D	0.02%
	SCI	A	0.02%
	OKTA	F	0.02%
	EXAS	C	0.02%
	JLL	B	0.02%
	Z	B	0.02%
	EQH	C	0.02%
	XPO	D	0.02%
	CUBE	A	0.02%
	CLH	B	0.02%
	SRPT	F	0.02%
	NBIX	D	0.02%
	DKS	D	0.02%
	DT	C	0.02%
	CACC	F	0.01%
	RCM	C	0.01%
	ZI	D	0.01%
	BOKF	B	0.01%
	PAG	D	0.01%
	COTY	D	0.01%
	LCID	C	0.01%
	RH	C	0.01%
	PII	D	0.01%
	WLK	D	0.01%
	W	D	0.01%
	U	D	0.01%
	SEE	D	0.01%
	PATH	D	0.01%
	UGI	B	0.01%
	CELH	F	0.01%
	FIVE	D	0.01%
	BILL	D	0.01%
	WHR	D	0.01%
	ALK	C	0.01%
	PCOR	D	0.01%
	MASI	D	0.01%
	OGN	C	0.01%
	XRAY	D	0.01%
	ST	F	0.01%
	CLF	F	0.01%
	SON	C	0.01%
	AGCO	D	0.01%
	DAR	F	0.01%
	GME	F	0.01%
	VFC	C	0.01%
	POST	C	0.01%
	LEA	F	0.01%
	ESTC	F	0.01%
	WH	B	0.01%
	CRBG	D	0.01%
	LSCC	D	0.01%
	STWD	B	0.01%
	BRKR	D	0.01%
	NOV	F	0.01%
	RHI	D	0.01%
	G	B	0.01%
	ARW	C	0.01%
	ZION	D	0.01%
	JAZZ	D	0.01%
	CGNX	D	0.01%
	MTN	D	0.01%
	DINO	F	0.01%
	SEIC	C	0.01%
	ALV	F	0.01%
	GNTX	F	0.01%
	CFR	C	0.01%
	WCC	D	0.01%
	PCTY	D	0.01%
	MIDD	D	0.01%
	TREX	F	0.01%
	LAD	C	0.01%
	CBSH	B	0.01%
	RRC	D	0.01%
	ELAN	D	0.01%
	UHAL	B	0.01%
	WSC	D	0.01%
	CMA	B	0.01%
	AA	D	0.01%
	AGNC	A	0.01%
	RGEN	F	0.01%
	HTZ	F	0.0%
	NFE	F	0.0%
	UI	B	0.0%
	DJT	F	0.0%
	AGL	F	0.0%
	WOLF	F	0.0%
	SEDG	F	0.0%
	CAR	F	0.0%
	PLUG	F	0.0%
	CNA	C	0.0%
	REYN	C	0.0%
	ADTN	F	0.0%
	FIVN	F	0.0%
	AGR	B	0.0%

SCHX Underweight 3 Positions Relative to PHDG

	Symbol	Grade	Weight
	FOX	C	-0.01%
	RL	B	-0.01%
	NWS	D	-0.0%

SCHX: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Utilities - Regulated Electric Banks - Regional - US Asset Management Semiconductors Specialty Retail Diagnostics & Research Oil & Gas E&P Software - Infrastructure Biotechnology Capital Markets Aerospace & Defense Insurance - Property & Casualty Packaging & Containers REIT - Residential Specialty Chemicals Medical Instruments & Supplies Packaged Foods

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Electronics Aerospace Bank Chemical Real Estate Investment Trust Telecommunications Banking Dow Jones Component Mining Medicine Semiconductor Insurance Products Transport Cloud Computing

PHDG: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Software - Application Semiconductors Business Services Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Specialty Retail Medical Devices Medical Instruments & Supplies Credit Services Health Care Plans Household & Personal Products Information Technology Services

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Dow Jones Component Electronics Chemical Aerospace Real Estate Investment Trust Telecommunications Medicine Bank Semiconductor Banking Insurance Products Petroleum Industry Transport Investment Bank