VMAX vs. PHDG ETF Comparison

Comparison of Hartford US Value ETF (VMAX) to PowerShares S&P 500 Downside Hedged Portfolio (PHDG)

VMAX

Hartford US Value ETF

VMAX Description

The fund generally invests at least 80% of its assets in securities of the index and in depositary receipts representing securities of the index.

Grade (RS Rating)

Last Trade

$51.92

Average Daily Volume

Number of Holdings ^*

148

* 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

$38.30

Average Daily Volume

12,482

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	VMAX	PHDG
30 Days	3.35%	0.66%
60 Days	4.23%	1.51%
90 Days	5.95%	1.58%
12 Months		18.52%

106 Overlapping Holdings

Symbol	Grade	Weight in VMAX	Weight in PHDG	Overlap
AAPL	C	0.34%	3.74%	0.34%
AEP	D	0.08%	0.05%	0.05%
AMAT	F	0.16%	0.17%	0.16%
AMT	D	0.63%	0.1%	0.1%
APA	D	0.91%	0.01%	0.01%
AXP	A	0.27%	0.17%	0.17%
BAC	A	1.26%	0.33%	0.33%
BBY	D	1.29%	0.02%	0.02%
BK	A	1.22%	0.06%	0.06%
BKNG	A	0.01%	0.18%	0.01%
BLDR	D	0.93%	0.02%	0.02%
BRK.A	B	0.92%	0.92%	0.92%
C	A	1.89%	0.14%	0.14%
CAT	B	0.7%	0.2%	0.2%
CB	C	0.66%	0.12%	0.12%
CCI	D	0.07%	0.05%	0.05%
CFG	B	0.21%	0.02%	0.02%
CINF	A	1.01%	0.03%	0.03%
CMCSA	B	0.13%	0.18%	0.13%
CMI	A	0.14%	0.05%	0.05%
COF	B	0.62%	0.08%	0.08%
COP	C	0.83%	0.14%	0.14%
CSCO	B	0.27%	0.25%	0.25%
CTAS	B	0.52%	0.08%	0.08%
CTSH	B	0.14%	0.04%	0.04%
CVS	D	1.76%	0.07%	0.07%
CVX	A	0.75%	0.3%	0.3%
DELL	C	0.77%	0.04%	0.04%
DTE	C	0.26%	0.03%	0.03%
DUK	C	0.92%	0.09%	0.09%
DVN	F	0.81%	0.03%	0.03%
EG	C	0.03%	0.02%	0.02%
ELV	F	1.12%	0.1%	0.1%
EOG	A	2.03%	0.08%	0.08%
EQIX	A	0.49%	0.09%	0.09%
ETR	B	0.96%	0.03%	0.03%
EXC	C	0.11%	0.04%	0.04%
FANG	D	0.03%	0.04%	0.03%
FDX	B	1.16%	0.07%	0.07%
FITB	A	0.83%	0.03%	0.03%
GILD	C	0.85%	0.12%	0.12%
GOOGL	C	1.2%	1.11%	1.11%
GS	A	0.47%	0.2%	0.2%
GWW	B	0.47%	0.06%	0.06%
HBAN	A	0.7%	0.03%	0.03%
HCA	F	0.71%	0.07%	0.07%
HD	A	0.32%	0.43%	0.32%
HPE	B	0.98%	0.03%	0.03%
HPQ	B	1.93%	0.04%	0.04%
HUM	C	0.61%	0.04%	0.04%
IBM	C	0.07%	0.21%	0.07%
IRM	D	0.85%	0.04%	0.04%
ITW	B	0.43%	0.08%	0.08%
JKHY	D	0.27%	0.01%	0.01%
JNJ	D	0.96%	0.39%	0.39%
JPM	A	1.34%	0.74%	0.74%
KR	B	1.18%	0.04%	0.04%
LLY	F	0.18%	0.67%	0.18%
LOW	D	0.58%	0.17%	0.17%
MA	C	1.35%	0.46%	0.46%
MCO	B	1.24%	0.08%	0.08%
META	D	1.36%	1.36%	1.36%
MO	A	0.65%	0.1%	0.1%
MPC	D	1.32%	0.06%	0.06%
MRK	F	0.24%	0.27%	0.24%
MS	A	0.2%	0.18%	0.18%
MSCI	C	0.23%	0.05%	0.05%
MTB	A	1.87%	0.04%	0.04%
NEE	D	0.68%	0.17%	0.17%
NRG	B	1.5%	0.02%	0.02%
NTAP	C	0.42%	0.03%	0.03%
NUE	C	0.3%	0.04%	0.04%
NVDA	C	0.99%	3.89%	0.99%
NXPI	D	0.16%	0.06%	0.06%
PGR	A	0.12%	0.16%	0.12%
PHM	D	0.22%	0.03%	0.03%
PNC	B	1.29%	0.09%	0.09%
PRU	A	0.39%	0.05%	0.05%
PSX	C	0.46%	0.06%	0.06%
PYPL	B	1.09%	0.09%	0.09%
QCOM	F	0.66%	0.2%	0.2%
RF	A	1.13%	0.03%	0.03%
SBAC	D	0.27%	0.03%	0.03%
SHW	A	0.88%	0.1%	0.1%
SO	D	0.86%	0.1%	0.1%
SPG	B	0.5%	0.06%	0.06%
STLD	B	1.51%	0.02%	0.02%
STT	A	1.31%	0.03%	0.03%
SW	A	0.47%	0.03%	0.03%
SYF	B	1.39%	0.03%	0.03%
T	A	1.49%	0.17%	0.17%
TGT	F	1.21%	0.08%	0.08%
TJX	A	0.25%	0.15%	0.15%
TMUS	B	0.43%	0.13%	0.13%
TROW	B	1.05%	0.03%	0.03%
UNH	C	0.8%	0.59%	0.59%
USB	A	1.46%	0.08%	0.08%
V	A	0.65%	0.56%	0.56%
VICI	C	0.78%	0.04%	0.04%
VLO	C	1.42%	0.05%	0.05%
VZ	C	1.1%	0.19%	0.19%
WFC	A	1.82%	0.27%	0.27%
WMT	A	0.68%	0.4%	0.4%
WY	D	0.11%	0.02%	0.02%
XEL	A	0.18%	0.04%	0.04%
XOM	B	0.91%	0.58%	0.58%

VMAX Overweight 42 Positions Relative to PHDG

Symbol	Grade	Weight
LNC	B	1.59%
GAP	C	1.25%
NFG	A	1.18%
LAMR	D	1.12%
BCC	B	1.05%
JHG	A	1.03%
JXN	C	1.02%
ACI	C	0.68%
OGN	D	0.68%
RS	B	0.66%
AVT	C	0.65%
CHRD	D	0.58%
CMC	B	0.57%
MTG	C	0.54%
TEX	D	0.51%
MGY	A	0.5%
CBT	C	0.47%
MLI	C	0.4%
R	B	0.39%
UNM	A	0.36%
RHI	B	0.34%
BPOP	B	0.32%
AXS	A	0.31%
OZK	B	0.29%
RDN	C	0.27%
MKL	A	0.26%
LNTH	D	0.23%
UFPI	B	0.22%
CRBG	B	0.2%
M	D	0.17%
DINO	D	0.14%
COLB	A	0.12%
HRB	D	0.11%
DKS	C	0.11%
FHN	A	0.1%
OVV	B	0.08%
ESNT	D	0.05%
WFRD	D	0.05%
CHX	C	0.04%
SM	B	0.02%
FCNCA	A	0.01%
WSM	B	0.01%

VMAX Underweight 393 Positions Relative to PHDG

Symbol	Grade	Weight
MSFT	F	-3.42%
AMZN	C	-2.13%
TSLA	B	-0.93%
GOOG	C	-0.92%
AVGO	D	-0.86%
COST	B	-0.44%
PG	A	-0.42%
NFLX	A	-0.39%
CRM	B	-0.35%
ORCL	B	-0.32%
ABBV	D	-0.32%
KO	D	-0.26%
ADBE	C	-0.25%
AMD	F	-0.24%
PEP	F	-0.24%
ACN	C	-0.24%
MCD	D	-0.23%
NOW	A	-0.23%
LIN	D	-0.23%
ABT	B	-0.22%
TMO	F	-0.22%
ISRG	A	-0.21%
GE	D	-0.21%
INTU	C	-0.21%
DIS	B	-0.21%
PM	B	-0.21%
TXN	C	-0.2%
SPGI	C	-0.18%
DHR	F	-0.17%
RTX	C	-0.17%
AMGN	D	-0.17%
ETN	A	-0.16%
BLK	C	-0.16%
PFE	D	-0.16%
UBER	D	-0.16%
HON	B	-0.16%
UNP	C	-0.15%
PANW	C	-0.14%
BSX	B	-0.14%
BX	A	-0.14%
SYK	C	-0.14%
BMY	B	-0.13%
PLTR	B	-0.13%
SCHW	B	-0.13%
FI	A	-0.13%
ADP	B	-0.13%
VRTX	F	-0.13%
INTC	D	-0.12%
MMC	B	-0.12%
MU	D	-0.12%
MDT	D	-0.12%
SBUX	A	-0.12%
LMT	D	-0.12%
LRCX	F	-0.11%
ANET	C	-0.11%
BA	F	-0.11%
DE	A	-0.11%
KKR	A	-0.11%
ADI	D	-0.11%
PLD	D	-0.11%
PH	A	-0.1%
GEV	B	-0.1%
ICE	C	-0.1%
CI	F	-0.1%
NKE	D	-0.1%
TT	A	-0.1%
UPS	C	-0.1%
ZTS	D	-0.09%
MCK	B	-0.09%
CRWD	B	-0.09%
CME	A	-0.09%
WM	A	-0.09%
AON	A	-0.09%
CMG	B	-0.09%
MSI	B	-0.09%
REGN	F	-0.09%
CDNS	B	-0.09%
SNPS	B	-0.09%
KLAC	D	-0.09%
APH	A	-0.09%
MDLZ	F	-0.09%
APD	A	-0.08%
CEG	D	-0.08%
ORLY	B	-0.08%
TDG	D	-0.08%
MMM	D	-0.08%
EMR	A	-0.08%
CL	D	-0.08%
GD	F	-0.08%
WELL	A	-0.08%
PCAR	B	-0.07%
ROP	B	-0.07%
HLT	A	-0.07%
SLB	C	-0.07%
TFC	A	-0.07%
FCX	D	-0.07%
ECL	D	-0.07%
CARR	D	-0.07%
OKE	A	-0.07%
AJG	B	-0.07%
GM	B	-0.07%
BDX	F	-0.07%
MAR	B	-0.07%
ADSK	A	-0.07%
WMB	A	-0.07%
NOC	D	-0.07%
CSX	B	-0.07%
ALL	A	-0.06%
KMI	A	-0.06%
PSA	D	-0.06%
AZO	C	-0.06%
DLR	B	-0.06%
RCL	A	-0.06%
AMP	A	-0.06%
AFL	B	-0.06%
URI	B	-0.06%
FICO	B	-0.06%
JCI	C	-0.06%
SRE	A	-0.06%
TRV	B	-0.06%
ABNB	C	-0.06%
NSC	B	-0.06%
FTNT	C	-0.06%
TRGP	B	-0.05%
ODFL	B	-0.05%
COR	B	-0.05%
RSG	A	-0.05%
BKR	B	-0.05%
F	C	-0.05%
PEG	A	-0.05%
AXON	A	-0.05%
DFS	B	-0.05%
KMB	D	-0.05%
PCG	A	-0.05%
AME	A	-0.05%
KVUE	A	-0.05%
HWM	A	-0.05%
NEM	D	-0.05%
PAYX	C	-0.05%
FAST	B	-0.05%
LHX	C	-0.05%
D	C	-0.05%
ROST	C	-0.05%
VST	B	-0.05%
PWR	A	-0.05%
DHI	D	-0.05%
FIS	C	-0.05%
MET	A	-0.05%
AIG	B	-0.05%
O	D	-0.05%
CPRT	A	-0.05%
ROK	B	-0.04%
ED	D	-0.04%
RMD	C	-0.04%
OXY	D	-0.04%
HIG	B	-0.04%
WAB	B	-0.04%
EXR	D	-0.04%
DD	D	-0.04%
IDXX	F	-0.04%
IQV	D	-0.04%
MCHP	D	-0.04%
GIS	D	-0.04%
MLM	B	-0.04%
GLW	B	-0.04%
SYY	B	-0.04%
VMC	B	-0.04%
ACGL	D	-0.04%
KDP	D	-0.04%
GEHC	F	-0.04%
STZ	D	-0.04%
A	D	-0.04%
LULU	C	-0.04%
CHTR	C	-0.04%
YUM	B	-0.04%
MNST	C	-0.04%
EA	A	-0.04%
CTVA	C	-0.04%
CBRE	B	-0.04%
EW	C	-0.04%
OTIS	C	-0.04%
HES	B	-0.04%
VRSK	A	-0.04%
LEN	D	-0.04%
IT	C	-0.04%
IR	B	-0.04%
DAL	C	-0.04%
HUBB	B	-0.03%
AEE	A	-0.03%
BIIB	F	-0.03%
CDW	F	-0.03%
PPL	B	-0.03%
CCL	B	-0.03%
WST	C	-0.03%
EQR	B	-0.03%
ADM	D	-0.03%
VLTO	D	-0.03%
EQT	B	-0.03%
AWK	D	-0.03%
CPAY	A	-0.03%
BRO	B	-0.03%
GDDY	A	-0.03%
TYL	B	-0.03%
VTR	C	-0.03%
MTD	D	-0.03%
CHD	B	-0.03%
HSY	F	-0.03%
FTV	C	-0.03%
BR	A	-0.03%
HAL	C	-0.03%
KEYS	A	-0.03%
DECK	A	-0.03%
DOV	A	-0.03%
KHC	F	-0.03%
MPWR	F	-0.03%
ON	D	-0.03%
NVR	D	-0.03%
PPG	F	-0.03%
GPN	B	-0.03%
CAH	B	-0.03%
TTWO	A	-0.03%
XYL	D	-0.03%
ANSS	B	-0.03%
RJF	A	-0.03%
TSCO	D	-0.03%
DXCM	D	-0.03%
UAL	A	-0.03%
WEC	A	-0.03%
EBAY	D	-0.03%
CSGP	D	-0.03%
CNC	D	-0.03%
DOW	F	-0.03%
EIX	B	-0.03%
WTW	B	-0.03%
NDAQ	A	-0.03%
EFX	F	-0.03%
AVB	B	-0.03%
GRMN	B	-0.03%
EPAM	C	-0.02%
NDSN	B	-0.02%
ROL	B	-0.02%
FFIV	B	-0.02%
RVTY	F	-0.02%
APTV	D	-0.02%
EVRG	A	-0.02%
JBL	B	-0.02%
AMCR	D	-0.02%
JBHT	C	-0.02%
DOC	D	-0.02%
VTRS	A	-0.02%
L	A	-0.02%
EL	F	-0.02%
LNT	A	-0.02%
DPZ	C	-0.02%
CF	B	-0.02%
VRSN	F	-0.02%
ALGN	D	-0.02%
TXT	D	-0.02%
MRO	B	-0.02%
AVY	D	-0.02%
NI	A	-0.02%
BAX	D	-0.02%
GEN	B	-0.02%
KIM	A	-0.02%
ARE	D	-0.02%
DG	F	-0.02%
EXPD	D	-0.02%
LVS	C	-0.02%
GPC	D	-0.02%
MAS	D	-0.02%
TRMB	B	-0.02%
TER	D	-0.02%
IEX	B	-0.02%
DGX	A	-0.02%
PNR	A	-0.02%
J	F	-0.02%
KEY	B	-0.02%
WRB	A	-0.02%
MOH	F	-0.02%
HOLX	D	-0.02%
ULTA	F	-0.02%
TSN	B	-0.02%
PODD	C	-0.02%
PFG	D	-0.02%
MAA	B	-0.02%
CTRA	B	-0.02%
BALL	D	-0.02%
SNA	A	-0.02%
MKC	D	-0.02%
FDS	B	-0.02%
INVH	D	-0.02%
ESS	B	-0.02%
LUV	C	-0.02%
CNP	B	-0.02%
IP	B	-0.02%
DRI	B	-0.02%
LH	C	-0.02%
CMS	C	-0.02%
LYV	A	-0.02%
ZBRA	B	-0.02%
STX	D	-0.02%
OMC	C	-0.02%
CLX	B	-0.02%
WDC	D	-0.02%
CBOE	B	-0.02%
FSLR	F	-0.02%
FE	C	-0.02%
PKG	A	-0.02%
NTRS	A	-0.02%
LYB	F	-0.02%
K	A	-0.02%
STE	F	-0.02%
ES	D	-0.02%
WBD	C	-0.02%
ZBH	C	-0.02%
TDY	B	-0.02%
WAT	B	-0.02%
ATO	A	-0.02%
LDOS	C	-0.02%
EXPE	B	-0.02%
IFF	D	-0.02%
PTC	A	-0.02%
FOX	A	-0.01%
QRVO	F	-0.01%
WBA	F	-0.01%
BEN	C	-0.01%
PARA	C	-0.01%
FMC	D	-0.01%
DVA	B	-0.01%
MHK	D	-0.01%
HII	D	-0.01%
BWA	D	-0.01%
IVZ	B	-0.01%
CE	F	-0.01%
MTCH	D	-0.01%
HAS	D	-0.01%
MOS	F	-0.01%
HSIC	B	-0.01%
CZR	F	-0.01%
RL	B	-0.01%
FRT	B	-0.01%
ENPH	F	-0.01%
MGM	D	-0.01%
WYNN	D	-0.01%
AOS	F	-0.01%
CPB	D	-0.01%
HRL	D	-0.01%
TFX	F	-0.01%
SMCI	F	-0.01%
SOLV	C	-0.01%
GL	B	-0.01%
AES	F	-0.01%
MKTX	D	-0.01%
CRL	C	-0.01%
ERIE	D	-0.01%
LKQ	D	-0.01%
PNW	B	-0.01%
CTLT	B	-0.01%
FOXA	B	-0.01%
IPG	D	-0.01%
PAYC	B	-0.01%
TAP	C	-0.01%
NWSA	B	-0.01%
AIZ	A	-0.01%
GNRC	B	-0.01%
TECH	D	-0.01%
LW	C	-0.01%
BXP	D	-0.01%
NCLH	B	-0.01%
SJM	D	-0.01%
EMN	D	-0.01%
UHS	D	-0.01%
ALB	C	-0.01%
REG	B	-0.01%
DAY	B	-0.01%
KMX	B	-0.01%
HST	C	-0.01%
ALLE	D	-0.01%
INCY	C	-0.01%
BG	F	-0.01%
JNPR	F	-0.01%
CPT	B	-0.01%
CHRW	C	-0.01%
CAG	D	-0.01%
SWK	D	-0.01%
DLTR	F	-0.01%
TPR	B	-0.01%
UDR	B	-0.01%
AKAM	D	-0.01%
SWKS	F	-0.01%
MRNA	F	-0.01%
POOL	C	-0.01%
NWS	B	-0.0%