SPXN vs. PHEQ ETF Comparison

Comparison of ProShares S&P 500 Ex-Financials ETF (SPXN) to Parametric Hedged Equity ETF (PHEQ)

SPXN

ProShares S&P 500 Ex-Financials ETF

SPXN Description

The investment seeks investment results, before fees and expenses that track the performance of the S&P 500Â® Ex-Financials Index (the "index"). Under normal circumstances, the fund will invest at least 80% of its total assets in component securities. The index seeks to provide exposure to the companies of the S&P 500Â® Index (the "S&P 500Â®") with the exception of those companies included in the Financials Sector.

Grade (RS Rating)

Last Trade

$61.37

Average Daily Volume

3,183

Number of Holdings ^*

395

* 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	SPXN	PHEQ
30 Days	1.15%	1.15%
60 Days	2.14%	2.56%
90 Days	3.34%	3.00%
12 Months	32.88%

8 Overlapping Holdings

Symbol	Grade	Weight in SPXN	Weight in PHEQ	Overlap
AAPL	C	8.07%	7.61%	7.61%
AMZN	C	4.31%	3.7%	3.7%
GOOG	D	1.91%	1.85%	1.85%
GOOGL	D	2.28%	2.23%	2.23%
LLY	C	1.88%	1.94%	1.88%
META	A	2.9%	2.57%	2.57%
MSFT	C	7.98%	6.91%	6.91%
NVDA	D	7.37%	6.25%	6.25%

SPXN Overweight 387 Positions Relative to PHEQ

Symbol	Grade	Weight
AVGO	C	1.8%
TSLA	C	1.6%
UNH	C	1.36%
XOM	D	1.25%
PG	C	1.03%
COST	B	1.02%
JNJ	C	1.0%
HD	A	0.93%
WMT	B	0.86%
ABBV	C	0.86%
NFLX	B	0.74%
MRK	D	0.73%
KO	B	0.69%
ADBE	F	0.66%
ORCL	B	0.65%
CRM	D	0.62%
PEP	D	0.61%
AMD	D	0.61%
CVX	D	0.6%
TMO	C	0.59%
LIN	B	0.56%
ACN	C	0.55%
MCD	B	0.53%
CSCO	B	0.51%
ABT	C	0.51%
PM	C	0.49%
IBM	A	0.49%
GE	A	0.47%
INTU	C	0.46%
NOW	A	0.46%
QCOM	F	0.46%
VZ	B	0.46%
AMGN	B	0.45%
TXN	C	0.45%
DHR	C	0.45%
ISRG	C	0.44%
NEE	C	0.43%
PFE	C	0.42%
CAT	B	0.42%
DIS	D	0.41%
RTX	C	0.4%
CMCSA	D	0.39%
T	C	0.39%
UNP	C	0.38%
AMAT	D	0.38%
UBER	C	0.36%
LOW	A	0.36%
HON	D	0.34%
TJX	C	0.34%
BKNG	B	0.33%
ELV	C	0.32%
ETN	C	0.31%
REGN	C	0.31%
BSX	B	0.31%
VRTX	D	0.31%
SYK	C	0.31%
MDT	C	0.3%
COP	D	0.3%
LMT	B	0.3%
ADP	B	0.29%
ADI	C	0.28%
PANW	C	0.28%
SBUX	C	0.28%
CI	C	0.26%
GILD	B	0.26%
TMUS	C	0.26%
BMY	C	0.25%
LRCX	F	0.25%
KLAC	D	0.25%
MDLZ	C	0.25%
DE	B	0.25%
UPS	F	0.24%
BA	F	0.24%
NKE	D	0.24%
MU	F	0.24%
SO	A	0.24%
DUK	B	0.23%
ANET	A	0.23%
MO	C	0.23%
ZTS	C	0.22%
CL	C	0.22%
SHW	B	0.22%
TT	A	0.21%
INTC	F	0.21%
SNPS	D	0.19%
PH	A	0.19%
TDG	B	0.19%
HCA	A	0.19%
WM	D	0.19%
APH	C	0.19%
CMG	C	0.19%
CTAS	C	0.18%
NOC	A	0.18%
CVS	F	0.18%
MMM	A	0.18%
MSI	B	0.18%
CDNS	D	0.18%
ORLY	D	0.17%
MCK	F	0.17%
ITW	C	0.17%
EOG	D	0.17%
BDX	F	0.17%
GD	B	0.17%
TGT	C	0.17%
APD	B	0.16%
CARR	B	0.16%
ECL	A	0.16%
FDX	F	0.16%
CSX	D	0.16%
NXPI	D	0.15%
EMR	D	0.15%
ROP	C	0.15%
GEV	B	0.15%
CRWD	D	0.15%
CEG	A	0.15%
FCX	D	0.15%
NEM	B	0.15%
HLT	B	0.14%
AEP	C	0.14%
WMB	B	0.14%
ADSK	C	0.14%
MAR	C	0.14%
DHI	C	0.14%
MPC	D	0.14%
SLB	F	0.14%
NSC	C	0.14%
PCAR	D	0.13%
ROST	C	0.13%
SRE	B	0.13%
ABNB	D	0.13%
GM	B	0.13%
OKE	B	0.13%
AZO	D	0.13%
PSX	D	0.13%
FTNT	B	0.12%
URI	B	0.12%
KMB	D	0.12%
D	B	0.12%
JCI	B	0.12%
RSG	D	0.11%
PCG	B	0.11%
PAYX	C	0.11%
LHX	C	0.11%
CPRT	D	0.11%
MPWR	C	0.11%
IQV	D	0.11%
GWW	A	0.11%
VLO	F	0.11%
TEL	D	0.11%
KVUE	C	0.11%
LEN	C	0.11%
FICO	B	0.11%
CTSH	C	0.1%
SYY	D	0.1%
VRSK	D	0.1%
AME	C	0.1%
KDP	B	0.1%
CTVA	B	0.1%
HUM	F	0.1%
PWR	B	0.1%
RCL	A	0.1%
IT	A	0.1%
EXC	B	0.1%
A	C	0.1%
CNC	C	0.1%
FAST	C	0.1%
KMI	A	0.1%
STZ	D	0.1%
CMI	C	0.1%
IDXX	D	0.1%
EW	F	0.1%
MCHP	D	0.1%
GIS	B	0.1%
PEG	A	0.1%
F	F	0.1%
ODFL	D	0.09%
OXY	F	0.09%
EA	D	0.09%
HES	D	0.09%
DOW	D	0.09%
MNST	D	0.09%
XEL	B	0.09%
ED	C	0.09%
IR	C	0.09%
HWM	B	0.09%
EFX	C	0.09%
RMD	C	0.09%
KR	C	0.09%
GEHC	C	0.09%
OTIS	C	0.09%
YUM	F	0.09%
WEC	B	0.08%
TSCO	C	0.08%
FANG	D	0.08%
VMC	D	0.08%
NVR	B	0.08%
MLM	D	0.08%
XYL	D	0.08%
EBAY	B	0.08%
GLW	B	0.08%
EIX	C	0.08%
TRGP	B	0.08%
BKR	C	0.08%
CHTR	D	0.08%
DD	B	0.08%
NUE	F	0.08%
FTV	C	0.07%
KEYS	C	0.07%
VST	A	0.07%
IFF	C	0.07%
ETR	A	0.07%
AXON	A	0.07%
DXCM	F	0.07%
CAH	C	0.07%
KHC	C	0.07%
ANSS	D	0.07%
GRMN	D	0.07%
PHM	B	0.07%
AWK	C	0.07%
DAL	C	0.07%
HPQ	D	0.07%
BIIB	F	0.07%
MTD	D	0.07%
HSY	D	0.07%
CDW	D	0.07%
ROK	F	0.07%
WAB	A	0.07%
ADM	D	0.07%
PPG	D	0.07%
LULU	D	0.07%
ON	F	0.07%
HPE	D	0.06%
SMCI	F	0.06%
AEE	A	0.06%
FE	C	0.06%
SW	C	0.06%
MRNA	F	0.06%
PPL	B	0.06%
ES	C	0.06%
DECK	D	0.06%
NTAP	D	0.06%
VLTO	B	0.06%
LYB	F	0.06%
STE	C	0.06%
TTWO	D	0.06%
TYL	C	0.06%
BR	D	0.06%
HAL	F	0.06%
FSLR	C	0.06%
DVN	D	0.06%
CHD	C	0.06%
DOV	B	0.06%
DTE	B	0.06%
APTV	D	0.05%
DG	F	0.05%
PKG	B	0.05%
HOLX	C	0.05%
BBY	C	0.05%
DRI	B	0.05%
GPC	D	0.05%
WAT	C	0.05%
OMC	B	0.05%
EQT	D	0.05%
EL	F	0.05%
STX	C	0.05%
TER	D	0.05%
BAX	C	0.05%
TDY	C	0.05%
ATO	B	0.05%
PTC	D	0.05%
BALL	C	0.05%
CLX	C	0.05%
WDC	D	0.05%
MOH	D	0.05%
CMS	B	0.05%
LDOS	B	0.05%
MKC	C	0.05%
K	A	0.05%
BLDR	C	0.05%
HUBB	A	0.05%
GDDY	C	0.05%
ZBH	F	0.05%
WST	D	0.05%
VTRS	D	0.04%
DPZ	D	0.04%
DLTR	F	0.04%
ROL	C	0.04%
CF	C	0.04%
ENPH	D	0.04%
LVS	D	0.04%
SNA	C	0.04%
MRO	C	0.04%
AKAM	D	0.04%
IEX	D	0.04%
SWK	B	0.04%
PNR	B	0.04%
NI	B	0.04%
LNT	B	0.04%
CAG	C	0.04%
VRSN	D	0.04%
AMCR	C	0.04%
ALGN	D	0.04%
SWKS	F	0.04%
PODD	B	0.04%
STLD	D	0.04%
UAL	C	0.04%
TXT	D	0.04%
NRG	A	0.04%
IP	C	0.04%
EXPE	C	0.04%
CTRA	D	0.04%
EXPD	C	0.04%
WBD	D	0.04%
CCL	C	0.04%
DGX	C	0.04%
ZBRA	B	0.04%
LUV	C	0.04%
MAS	B	0.04%
AVY	D	0.04%
TSN	D	0.04%
CNP	D	0.04%
J	C	0.04%
ULTA	D	0.04%
PNW	B	0.03%
INCY	C	0.03%
QRVO	F	0.03%
HII	D	0.03%
ALB	F	0.03%
LKQ	F	0.03%
CTLT	B	0.03%
TFX	C	0.03%
IPG	C	0.03%
TECH	D	0.03%
CHRW	A	0.03%
EMN	B	0.03%
EPAM	F	0.03%
CE	F	0.03%
KMX	D	0.03%
FFIV	B	0.03%
ALLE	C	0.03%
JBL	D	0.03%
SJM	C	0.03%
JNPR	A	0.03%
AES	C	0.03%
POOL	D	0.03%
NDSN	C	0.03%
BG	D	0.03%
TRMB	C	0.03%
JBHT	D	0.03%
UHS	B	0.03%
EVRG	B	0.03%
LYV	B	0.03%
ETSY	F	0.02%
BBWI	F	0.02%
WBA	F	0.02%
BIO	C	0.02%
RL	B	0.02%
AAL	D	0.02%
WYNN	D	0.02%
BWA	D	0.02%
FMC	C	0.02%
CZR	C	0.02%
MHK	C	0.02%
PAYC	D	0.02%
MOS	F	0.02%
DVA	B	0.02%
NCLH	C	0.02%
GNRC	D	0.02%
APA	F	0.02%
HSIC	D	0.02%
HAS	B	0.02%
FOXA	B	0.02%
MGM	D	0.02%
HRL	D	0.02%
LW	D	0.02%
DAY	D	0.02%
MTCH	C	0.02%
SOLV	C	0.02%
AOS	D	0.02%
TPR	C	0.02%
CPB	B	0.02%
NWSA	D	0.02%
TAP	D	0.02%
CRL	F	0.02%
NWS	D	0.01%
FOX	B	0.01%
PARA	F	0.01%

SPXN Underweight 0 Positions Relative to PHEQ

	Symbol	Grade	Weight