SPHD vs. PHEQ ETF Comparison

Comparison of PowerShares S&P 500 High Dividend Portfolio (SPHD) to Parametric Hedged Equity ETF (PHEQ)

SPHD

PowerShares S&P 500 High Dividend Portfolio

SPHD Description

The PowerShares S&P 500® High Dividend Portfolio (the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility High Dividend Index (the “Underlying Index”). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. Standard & Poor’s® compiles, maintains and calculates the Underlying Index, which is composed of 50 securities traded on the S&P 500 Index that historically have provided high dividend yields and low volatility. The Fund and the Index are rebalanced and reconstituted semi-annually, in January and July

Grade (RS Rating)

Last Trade

$49.73

Average Daily Volume

667,923

Number of Holdings ^*

* 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

$29.29

Average Daily Volume

21,561

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

Performance

Period	SPHD	PHEQ
30 Days	-1.07%	1.73%
60 Days	0.43%	3.05%
90 Days	4.61%	4.04%
12 Months	30.72%	17.22%

17 Overlapping Holdings

Symbol	Grade	Weight in SPHD	Weight in PHEQ	Overlap
ABBV	F	1.62%	0.87%	0.87%
AMCR	D	2.07%	0.21%	0.21%
BMY	B	2.81%	0.5%	0.5%
CAG	F	1.92%	0.17%	0.17%
CSCO	A	1.64%	0.8%	0.8%
CVX	A	1.64%	0.8%	0.8%
DRI	B	1.7%	0.3%	0.3%
ETR	B	2.19%	0.4%	0.4%
FE	D	1.76%	0.23%	0.23%
IBM	D	1.79%	0.57%	0.57%
JNJ	D	1.33%	1.03%	1.03%
K	A	2.25%	0.34%	0.34%
LYB	F	1.94%	0.22%	0.22%
MDT	D	1.59%	0.51%	0.51%
PRU	B	1.81%	0.36%	0.36%
T	A	2.72%	0.66%	0.66%
XOM	B	1.38%	1.4%	1.38%

SPHD Overweight 33 Positions Relative to PHEQ

Symbol	Grade	Weight
MO	A	3.04%
KMI	B	2.88%
VZ	D	2.68%
CCI	F	2.53%
D	D	2.4%
VICI	D	2.4%
OKE	A	2.38%
SPG	A	2.38%
PM	B	2.31%
WMB	B	2.27%
GILD	B	2.22%
KVUE	A	2.2%
PFE	F	2.18%
O	D	2.14%
EVRG	A	2.1%
KHC	F	2.01%
PNW	A	1.99%
UPS	C	1.98%
DOW	F	1.93%
WEC	B	1.9%
ES	D	1.89%
FRT	B	1.83%
HST	D	1.82%
EIX	C	1.81%
IPG	F	1.81%
VTRS	B	1.8%
EXC	C	1.8%
DUK	D	1.72%
SJM	F	1.54%
GIS	F	1.51%
OMC	A	1.45%
HRL	F	1.43%
EMN	D	1.42%

SPHD Underweight 186 Positions Relative to PHEQ

Symbol	Grade	Weight
NVDA	A	-7.38%
AAPL	C	-6.78%
MSFT	C	-6.62%
AMZN	A	-4.2%
META	B	-2.79%
GOOGL	C	-2.38%
GOOG	C	-1.99%
TSLA	B	-1.94%
AVGO	C	-1.82%
JPM	A	-1.68%
LLY	F	-1.52%
UNH	B	-1.41%
BRK.A	B	-1.4%
V	A	-1.27%
MA	B	-1.15%
HD	B	-1.13%
COST	B	-1.09%
PG	C	-1.06%
WMT	A	-0.96%
BAC	A	-0.95%
NFLX	A	-0.79%
KO	F	-0.79%
ORCL	A	-0.75%
PEP	D	-0.74%
MRK	F	-0.7%
LIN	D	-0.67%
CRM	B	-0.66%
WFC	A	-0.65%
NOW	A	-0.63%
TMO	F	-0.62%
TXN	B	-0.62%
LMT	D	-0.61%
ABT	C	-0.6%
ISRG	A	-0.59%
LOW	B	-0.57%
AXP	B	-0.57%
CAT	B	-0.56%
AMD	F	-0.54%
TMUS	A	-0.52%
UNP	D	-0.52%
ADBE	C	-0.5%
DIS	B	-0.49%
AMGN	F	-0.47%
KKR	B	-0.47%
WM	A	-0.45%
TRGP	B	-0.45%
CTAS	B	-0.44%
MMM	C	-0.44%
DE	D	-0.43%
MS	A	-0.39%
DAL	A	-0.39%
BKNG	A	-0.39%
VRTX	B	-0.38%
TRV	B	-0.38%
HWM	B	-0.36%
KLAC	F	-0.36%
RSG	B	-0.35%
SCHW	B	-0.34%
AVB	B	-0.34%
DOV	A	-0.33%
MU	D	-0.33%
BA	F	-0.33%
YUM	B	-0.33%
HIG	C	-0.33%
PPL	A	-0.33%
OTIS	D	-0.33%
QCOM	F	-0.33%
LH	B	-0.32%
LNT	C	-0.32%
ROST	D	-0.32%
PLTR	B	-0.32%
KMB	D	-0.32%
CMS	D	-0.31%
COR	B	-0.31%
HBAN	A	-0.31%
LRCX	F	-0.31%
DTE	D	-0.31%
EXR	D	-0.31%
EQR	C	-0.31%
BRO	B	-0.31%
DOC	C	-0.3%
PHM	D	-0.3%
AEE	B	-0.3%
APO	B	-0.3%
PANW	B	-0.3%
UBER	F	-0.28%
AME	A	-0.28%
PYPL	A	-0.28%
SYF	B	-0.27%
MAA	C	-0.27%
CNP	B	-0.27%
ARES	B	-0.26%
MRVL	B	-0.26%
GLW	B	-0.26%
MELI	D	-0.26%
URI	B	-0.25%
FANG	C	-0.25%
JBHT	C	-0.25%
RMD	C	-0.25%
CFG	B	-0.25%
LII	B	-0.25%
ULTA	C	-0.24%
NDAQ	B	-0.24%
EXPD	C	-0.23%
NEM	F	-0.23%
MRO	B	-0.23%
L	A	-0.23%
HEI	A	-0.22%
LNG	B	-0.22%
MKL	A	-0.22%
REGN	F	-0.22%
SSNC	C	-0.21%
MSTR	B	-0.21%
ARE	F	-0.21%
LULU	B	-0.21%
PFG	C	-0.2%
WRB	B	-0.2%
CSL	B	-0.19%
CPB	F	-0.19%
ESS	C	-0.19%
ZM	B	-0.19%
TTD	B	-0.19%
SPOT	A	-0.18%
PPG	F	-0.18%
WBD	B	-0.18%
HAL	C	-0.17%
AKAM	F	-0.17%
DVN	F	-0.17%
CRWD	B	-0.17%
IFF	F	-0.16%
APTV	F	-0.15%
DELL	C	-0.15%
ABNB	C	-0.15%
ALNY	D	-0.15%
MOH	F	-0.15%
BAH	C	-0.15%
HUBS	B	-0.15%
ON	F	-0.15%
ZBH	C	-0.14%
HEI	A	-0.14%
NDSN	B	-0.14%
COIN	B	-0.13%
WDAY	B	-0.13%
RBLX	B	-0.13%
DASH	A	-0.13%
HUBB	C	-0.13%
FCNCA	B	-0.13%
SQ	B	-0.12%
MGM	D	-0.12%
DDOG	B	-0.12%
TW	B	-0.11%
IBKR	A	-0.11%
STLD	C	-0.11%
VEEV	B	-0.11%
TRU	D	-0.1%
VRT	B	-0.1%
SUI	F	-0.1%
ZS	B	-0.09%
DOX	C	-0.09%
DKNG	B	-0.08%
BLDR	C	-0.08%
NET	B	-0.07%
AGR	C	-0.07%
SCCO	F	-0.07%
YUMC	C	-0.07%
SNOW	C	-0.06%
ALGN	D	-0.06%
ILMN	C	-0.06%
AVTR	F	-0.06%
TEAM	B	-0.06%
LPLA	A	-0.05%
SNAP	C	-0.05%
CE	F	-0.05%
OWL	B	-0.05%
WLK	F	-0.04%
OKTA	C	-0.04%
RKT	F	-0.04%
RPRX	F	-0.04%
BSY	F	-0.04%
CPNG	B	-0.03%
PINS	F	-0.03%
SIRI	C	-0.03%
ENPH	F	-0.03%
WSM	F	-0.02%
WMG	B	-0.02%
MRNA	F	-0.01%