SDY vs. PHEQ ETF Comparison

Comparison of SPDR S&P Dividend ETF (SDY) to Parametric Hedged Equity ETF (PHEQ)

SDY

SPDR S&P Dividend ETF

SDY Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index. In seeking to track the performance of the S&P High Yield Dividend Aristocrats Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the highest dividend yielding S&P Composite 1500Â® Index constituents that have followed a managed-dividends policy of consistently increasing dividends every year for at least 20 consecutive years. It is non-diversified.

Grade (RS Rating)

Last Trade

$143.44

Average Daily Volume

183,834

Number of Holdings ^*

132

* 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

$29.57

Average Daily Volume

19,326

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

Performance

Period	SDY	PHEQ
30 Days	0.70%	1.99%
60 Days	0.90%	3.02%
90 Days	3.52%	3.86%
12 Months	23.08%	16.61%

31 Overlapping Holdings

Symbol	Grade	Weight in SDY	Weight in PHEQ	Overlap
ABBV	D	1.36%	0.85%	0.85%
ABT	B	0.96%	0.6%	0.6%
AMCR	D	0.85%	0.21%	0.21%
BRO	B	0.26%	0.31%	0.26%
CAT	B	0.71%	0.55%	0.55%
CSL	C	0.42%	0.18%	0.18%
CTAS	B	0.39%	0.42%	0.39%
CVX	A	2.34%	0.84%	0.84%
DOV	A	0.58%	0.33%	0.33%
ESS	B	1.08%	0.19%	0.19%
EXPD	D	0.55%	0.23%	0.23%
IBM	C	1.42%	0.56%	0.56%
JNJ	D	1.43%	1.04%	1.04%
KMB	D	1.68%	0.33%	0.33%
KO	D	1.23%	0.77%	0.77%
LIN	D	0.54%	0.67%	0.54%
LMT	D	1.0%	0.58%	0.58%
LNT	A	0.88%	0.33%	0.33%
LOW	D	0.84%	0.57%	0.57%
MDT	D	1.48%	0.51%	0.51%
NDSN	B	0.6%	0.14%	0.14%
PEP	F	1.45%	0.72%	0.72%
PG	A	1.16%	1.09%	1.09%
PPG	F	0.98%	0.18%	0.18%
QCOM	F	0.97%	0.33%	0.33%
RSG	A	0.59%	0.34%	0.34%
TXN	C	1.31%	0.59%	0.59%
WM	A	0.75%	0.44%	0.44%
WMT	A	0.51%	0.96%	0.51%
WRB	A	0.29%	0.21%	0.21%
XOM	B	1.61%	1.4%	1.4%

SDY Overweight 101 Positions Relative to PHEQ

Symbol	Grade	Weight
O	D	2.21%
KVUE	A	1.81%
XEL	A	1.78%
EIX	B	1.74%
WEC	A	1.72%
ADM	D	1.51%
TGT	F	1.48%
SO	D	1.48%
TROW	B	1.46%
ED	D	1.42%
SYY	B	1.32%
CINF	A	1.29%
ES	D	1.28%
CLX	B	1.22%
GPC	D	1.21%
ITW	B	1.2%
APD	A	1.2%
ATO	A	1.18%
FAST	B	1.17%
EMR	A	1.13%
MCD	D	1.11%
NEE	D	1.11%
BBY	D	1.09%
ADP	B	1.03%
CAH	B	0.97%
MKC	D	0.96%
MCHP	D	0.96%
LHX	C	0.96%
CL	D	0.9%
GD	F	0.88%
AFL	B	0.88%
EVRG	A	0.84%
SWK	D	0.81%
RPM	A	0.79%
NKE	D	0.78%
CHRW	C	0.76%
NUE	C	0.74%
BDX	F	0.73%
NOC	D	0.72%
ADI	D	0.72%
SJM	D	0.69%
ALB	C	0.69%
LECO	B	0.66%
GGG	B	0.63%
CB	C	0.61%
CHD	B	0.58%
AOS	F	0.57%
JKHY	D	0.57%
ATR	B	0.56%
WTRG	B	0.54%
ORI	A	0.52%
DCI	B	0.52%
RGLD	C	0.51%
TTC	D	0.51%
PNR	A	0.5%
HRL	D	0.49%
FDS	B	0.48%
FRT	B	0.48%
CBSH	A	0.46%
NNN	D	0.45%
PB	A	0.44%
CFR	B	0.44%
SEIC	B	0.42%
ERIE	D	0.42%
GWW	B	0.42%
ECL	D	0.42%
MSA	D	0.4%
RLI	B	0.4%
BEN	C	0.38%
SHW	A	0.38%
SPGI	C	0.36%
BMI	B	0.33%
UBSI	B	0.32%
NFG	A	0.31%
UGI	A	0.3%
UMBF	B	0.3%
SON	D	0.29%
CASY	A	0.28%
NJR	A	0.28%
OZK	B	0.28%
ROP	B	0.27%
RNR	C	0.27%
OGS	A	0.25%
BKH	A	0.25%
FLO	D	0.25%
FELE	B	0.24%
FUL	F	0.24%
SR	A	0.23%
PII	D	0.23%
PRGO	B	0.22%
LANC	C	0.2%
CBU	B	0.2%
ABM	B	0.19%
CWT	D	0.18%
AWR	B	0.18%
BRC	D	0.18%
CPK	A	0.17%
AVA	A	0.17%
WST	C	0.12%
SJW	D	0.1%
SCL	C	0.1%

SDY Underweight 172 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%
JPM	A	-1.73%
AVGO	D	-1.71%
BRK.A	B	-1.42%
LLY	F	-1.39%
UNH	C	-1.37%
V	A	-1.28%
HD	A	-1.15%
MA	C	-1.14%
COST	B	-1.07%
BAC	A	-0.98%
NFLX	A	-0.8%
CSCO	B	-0.79%
ORCL	B	-0.73%
MRK	F	-0.69%
T	A	-0.68%
WFC	A	-0.67%
CRM	B	-0.63%
NOW	A	-0.61%
TMO	F	-0.59%
ISRG	A	-0.58%
DIS	B	-0.57%
AXP	A	-0.57%
UNP	C	-0.52%
AMD	F	-0.51%
TMUS	B	-0.51%
BMY	B	-0.48%
ADBE	C	-0.48%
TRGP	B	-0.46%
KKR	A	-0.46%
AMGN	D	-0.45%
DE	A	-0.44%
MMM	D	-0.44%
ETR	B	-0.4%
TRV	B	-0.39%
DAL	C	-0.39%
MS	A	-0.39%
BKNG	A	-0.39%
PRU	A	-0.37%
PLTR	B	-0.36%
VRTX	F	-0.36%
HWM	A	-0.36%
AVB	B	-0.35%
SCHW	B	-0.35%
PPL	B	-0.34%
KLAC	D	-0.34%
K	A	-0.34%
YUM	B	-0.33%
OTIS	C	-0.33%
HIG	B	-0.33%
EQR	B	-0.32%
EXR	D	-0.32%
BA	F	-0.32%
ROST	C	-0.32%
MU	D	-0.31%
LH	C	-0.31%
CMS	C	-0.31%
HBAN	A	-0.31%
DTE	C	-0.31%
PANW	C	-0.3%
DRI	B	-0.3%
AEE	A	-0.3%
COR	B	-0.3%
PHM	D	-0.3%
APO	B	-0.3%
UBER	D	-0.29%
DOC	D	-0.29%
LRCX	F	-0.29%
CNP	B	-0.28%
AME	A	-0.28%
PYPL	B	-0.28%
SYF	B	-0.27%
MAA	B	-0.27%
CFG	B	-0.26%
MRVL	B	-0.25%
MELI	D	-0.25%
LII	A	-0.25%
ARES	A	-0.25%
GLW	B	-0.25%
MRO	B	-0.24%
L	A	-0.24%
FE	C	-0.24%
NDAQ	A	-0.24%
URI	B	-0.24%
JBHT	C	-0.24%
RMD	C	-0.24%
FANG	D	-0.24%
MKL	A	-0.23%
NEM	D	-0.23%
ULTA	F	-0.23%
LNG	B	-0.22%
LYB	F	-0.22%
HEI	B	-0.22%
SSNC	B	-0.21%
REGN	F	-0.21%
ARE	D	-0.21%
LULU	C	-0.21%
PFG	D	-0.2%
MSTR	C	-0.2%
SPOT	B	-0.19%
TTD	B	-0.18%
ZM	B	-0.18%
WBD	C	-0.18%
CPB	D	-0.18%
CRWD	B	-0.17%
CAG	D	-0.17%
DVN	F	-0.17%
IFF	D	-0.16%
AKAM	D	-0.16%
HAL	C	-0.16%
ABNB	C	-0.15%
MOH	F	-0.14%
APTV	D	-0.14%
HEI	B	-0.14%
ZBH	C	-0.14%
ON	D	-0.14%
DELL	C	-0.14%
HUBS	A	-0.14%
MGM	D	-0.13%
WDAY	B	-0.13%
DASH	A	-0.13%
HUBB	B	-0.13%
DDOG	A	-0.13%
ALNY	D	-0.13%
FCNCA	A	-0.13%
SQ	B	-0.12%
RBLX	C	-0.12%
BAH	F	-0.12%
COIN	C	-0.12%
TW	A	-0.11%
STLD	B	-0.11%
IBKR	A	-0.11%
VRT	B	-0.1%
VEEV	C	-0.1%
SUI	D	-0.1%
DOX	D	-0.09%
TRU	D	-0.09%
BLDR	D	-0.08%
ZS	C	-0.08%
NET	B	-0.07%
SCCO	F	-0.07%
AGR	B	-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%
SNAP	C	-0.05%
LPLA	A	-0.05%
CE	F	-0.05%
OWL	A	-0.05%
ILMN	D	-0.05%
OKTA	C	-0.04%
WLK	D	-0.04%
BSY	D	-0.04%
RPRX	D	-0.04%
CPNG	D	-0.03%
PINS	D	-0.03%
SIRI	C	-0.03%
ENPH	F	-0.03%
RKT	F	-0.03%
WSM	B	-0.02%
WMG	C	-0.02%
MRNA	F	-0.01%