VYM vs. PHEQ ETF Comparison

Comparison of Vanguard High Dividend Yield ETF - DNQ (VYM) to Parametric Hedged Equity ETF (PHEQ)

VYM

Vanguard High Dividend Yield ETF - DNQ

VYM Description

The investment seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that are characterized by high dividend yield. The fund employs an indexing investment approach designed to track the performance of the FTSEÂ® High Dividend Yield Index, which consists of common stocks of companies that pay dividends that generally are higher than average. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$133.62

Average Daily Volume

791,255

Number of Holdings ^*

529

* 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

$29.49

Average Daily Volume

19,326

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

Performance

Period	VYM	PHEQ
30 Days	3.01%	1.99%
60 Days	4.74%	3.02%
90 Days	6.95%	3.86%
12 Months	30.40%	16.61%

72 Overlapping Holdings

Symbol	Grade	Weight in VYM	Weight in PHEQ	Overlap
ABBV	D	2.05%	0.85%	0.85%
ABT	B	1.11%	0.6%	0.6%
AEE	A	0.13%	0.3%	0.13%
AGR	B	0.01%	0.07%	0.01%
AMGN	D	0.97%	0.45%	0.45%
APO	B	0.42%	0.3%	0.3%
ARES	A	0.17%	0.25%	0.17%
AVGO	D	4.38%	1.71%	1.71%
BAC	A	1.61%	0.98%	0.98%
BMY	B	0.64%	0.48%	0.48%
CAG	D	0.08%	0.17%	0.08%
CAT	B	1.04%	0.55%	0.55%
CE	F	0.06%	0.05%	0.05%
CFG	B	0.11%	0.26%	0.11%
CMS	C	0.12%	0.31%	0.12%
CNP	B	0.11%	0.28%	0.11%
CPB	D	0.05%	0.18%	0.05%
CSCO	B	1.26%	0.79%	0.79%
CVX	A	1.41%	0.84%	0.84%
DOX	D	0.06%	0.09%	0.06%
DRI	B	0.11%	0.3%	0.11%
DTE	C	0.15%	0.31%	0.15%
DVN	F	0.14%	0.17%	0.14%
ETR	B	0.19%	0.4%	0.19%
FANG	D	0.19%	0.24%	0.19%
FE	C	0.14%	0.24%	0.14%
GLW	B	0.21%	0.25%	0.21%
HAL	C	0.14%	0.16%	0.14%
HBAN	A	0.13%	0.31%	0.13%
HD	A	2.21%	1.15%	1.15%
HIG	B	0.18%	0.33%	0.18%
HUBB	B	0.13%	0.13%	0.13%
IBM	C	0.98%	0.56%	0.56%
IFF	D	0.14%	0.16%	0.14%
JNJ	D	2.19%	1.04%	1.04%
JPM	A	3.61%	1.73%	1.73%
K	A	0.12%	0.34%	0.12%
KMB	D	0.26%	0.33%	0.26%
KO	D	1.44%	0.77%	0.77%
LMT	D	0.66%	0.58%	0.58%
LNT	A	0.09%	0.33%	0.09%
LOW	D	0.85%	0.57%	0.57%
LYB	F	0.13%	0.22%	0.13%
MDT	D	0.65%	0.51%	0.51%
MMM	D	0.4%	0.44%	0.4%
MRK	F	1.47%	0.69%	0.69%
MRO	B	0.09%	0.24%	0.09%
MS	A	0.76%	0.39%	0.39%
NEM	D	0.3%	0.23%	0.23%
PEP	F	1.29%	0.72%	0.72%
PFG	D	0.11%	0.2%	0.11%
PG	A	2.21%	1.09%	1.09%
PPG	F	0.16%	0.18%	0.16%
PPL	B	0.14%	0.34%	0.14%
PRU	A	0.25%	0.37%	0.25%
QCOM	F	1.03%	0.33%	0.33%
RPRX	D	0.06%	0.04%	0.04%
SCCO	F	0.05%	0.07%	0.05%
SIRI	C	0.04%	0.03%	0.03%
SYF	B	0.12%	0.27%	0.12%
T	A	0.92%	0.68%	0.68%
TRGP	B	0.21%	0.46%	0.21%
TRV	B	0.32%	0.39%	0.32%
TXN	C	1.05%	0.59%	0.59%
UNP	C	0.8%	0.52%	0.52%
WFC	A	1.29%	0.67%	0.67%
WM	A	0.49%	0.44%	0.44%
WMT	A	2.02%	0.96%	0.96%
WRB	A	0.1%	0.21%	0.1%
WSM	B	0.1%	0.02%	0.02%
XOM	B	2.97%	1.4%	1.4%
YUM	B	0.21%	0.33%	0.21%

VYM Overweight 457 Positions Relative to PHEQ

Symbol	Grade	Weight
MCD	D	1.19%
PM	B	1.17%
VZ	C	1.01%
CMCSA	B	0.95%
GS	A	0.93%
NEE	D	0.92%
PFE	D	0.91%
RTX	C	0.91%
BLK	C	0.82%
PGR	A	0.8%
HON	B	0.76%
ETN	A	0.75%
COP	C	0.73%
C	A	0.7%
BX	A	0.67%
ADP	B	0.67%
CB	C	0.65%
ADI	D	0.63%
SBUX	A	0.63%
GILD	C	0.63%
SO	D	0.57%
UPS	C	0.55%
MO	A	0.53%
MDLZ	F	0.52%
CI	F	0.5%
DUK	C	0.5%
CME	A	0.46%
GD	F	0.45%
ITW	B	0.44%
CL	D	0.43%
PNC	B	0.42%
EOG	A	0.4%
CVS	D	0.4%
APD	A	0.39%
TGT	F	0.39%
USB	A	0.37%
WMB	A	0.36%
EMR	A	0.35%
FDX	B	0.35%
NXPI	D	0.34%
TFC	A	0.33%
AFL	B	0.33%
BK	A	0.32%
OKE	A	0.32%
NSC	B	0.32%
SLB	C	0.32%
AEP	D	0.3%
SRE	A	0.3%
PCAR	B	0.3%
JCI	C	0.29%
FIS	C	0.29%
PSX	C	0.29%
AMP	A	0.29%
MPC	D	0.29%
ALL	A	0.28%
AIG	B	0.28%
D	C	0.28%
LHX	C	0.27%
KMI	A	0.27%
MET	A	0.26%
PEG	A	0.25%
FAST	B	0.25%
PAYX	C	0.25%
CMI	A	0.25%
VST	B	0.24%
F	C	0.23%
VLO	C	0.23%
GIS	D	0.22%
BKR	B	0.22%
MCHP	D	0.22%
EXC	C	0.22%
KDP	D	0.21%
KR	B	0.21%
DFS	B	0.21%
XEL	A	0.21%
SYY	B	0.21%
DD	D	0.2%
HPQ	B	0.2%
DOW	F	0.2%
ED	D	0.2%
EIX	B	0.18%
MTB	A	0.18%
KHC	F	0.17%
FITB	A	0.17%
WEC	A	0.17%
ROK	B	0.17%
GRMN	B	0.17%
STT	A	0.16%
EBAY	D	0.16%
HSY	F	0.15%
ADM	D	0.15%
CAH	B	0.15%
AWK	D	0.15%
TROW	B	0.14%
HPE	B	0.14%
ES	D	0.13%
NTAP	C	0.13%
ATO	A	0.12%
EQT	B	0.12%
CINF	A	0.12%
RF	A	0.12%
NRG	B	0.11%
IP	B	0.11%
STX	D	0.11%
BBY	D	0.11%
OMC	C	0.11%
MKC	D	0.11%
NTRS	A	0.11%
PKG	A	0.11%
SNA	A	0.1%
DGX	A	0.1%
CTRA	B	0.1%
BAX	D	0.1%
LUV	C	0.1%
EG	C	0.09%
CCEP	C	0.09%
FNF	B	0.09%
CLX	B	0.09%
NI	A	0.09%
GEN	B	0.09%
EL	F	0.09%
GPC	D	0.09%
KEY	B	0.09%
RPM	A	0.09%
WSO	A	0.09%
RS	B	0.09%
TSN	B	0.09%
EWBC	A	0.08%
EVRG	A	0.08%
VTRS	A	0.08%
RGA	A	0.08%
SWKS	F	0.08%
SWK	D	0.08%
EQH	B	0.08%
CF	B	0.08%
AES	F	0.07%
SJM	D	0.07%
BG	F	0.07%
UNM	A	0.07%
CHRW	C	0.07%
EMN	D	0.07%
NVT	B	0.07%
BAP	B	0.07%
JNPR	F	0.07%
WTRG	B	0.06%
CNH	C	0.06%
AIZ	A	0.06%
PNW	B	0.06%
SF	B	0.06%
OVV	B	0.06%
TPR	B	0.06%
DKS	C	0.06%
CG	A	0.06%
IPG	D	0.06%
JEF	A	0.06%
RL	B	0.05%
OGE	B	0.05%
BERY	B	0.05%
FMC	D	0.05%
CRBG	B	0.05%
VOYA	B	0.05%
HRB	D	0.05%
CMA	A	0.05%
APA	D	0.05%
MOS	F	0.05%
ORI	A	0.05%
INGR	B	0.05%
DTM	B	0.05%
WBS	A	0.05%
HRL	D	0.05%
PR	B	0.05%
WAL	B	0.05%
HLI	B	0.05%
HAS	D	0.05%
AFG	A	0.05%
FHN	A	0.05%
EVR	B	0.05%
TAP	C	0.05%
FOXA	B	0.05%
ALLY	C	0.05%
LKQ	D	0.05%
ESNT	D	0.04%
AGCO	D	0.04%
R	B	0.04%
MTN	C	0.04%
IVZ	B	0.04%
BPOP	B	0.04%
BBWI	D	0.04%
FAF	A	0.04%
MTG	C	0.04%
RLI	B	0.04%
PB	A	0.04%
ALV	C	0.04%
OSK	B	0.04%
WBA	F	0.04%
WH	B	0.04%
RHI	B	0.04%
FLS	B	0.04%
CRS	A	0.04%
RRC	B	0.04%
XP	F	0.04%
SNV	B	0.04%
VFC	C	0.04%
HII	D	0.04%
SSB	B	0.04%
CBSH	A	0.04%
CFR	B	0.04%
ZION	B	0.04%
JXN	C	0.04%
ACI	C	0.04%
CHRD	D	0.04%
SWX	B	0.03%
HWC	B	0.03%
NJR	A	0.03%
MUR	D	0.03%
AL	B	0.03%
FFIN	B	0.03%
OZK	B	0.03%
MC	C	0.03%
SLM	A	0.03%
KTB	B	0.03%
POR	C	0.03%
OGN	D	0.03%
AVT	C	0.03%
AM	A	0.03%
CIVI	D	0.03%
PIPR	B	0.03%
PARA	C	0.03%
GATX	A	0.03%
UMBF	B	0.03%
UBSI	B	0.03%
UGI	A	0.03%
HOMB	A	0.03%
SON	D	0.03%
FNB	A	0.03%
IDA	A	0.03%
FOX	A	0.03%
RDN	C	0.03%
SEE	C	0.03%
THG	A	0.03%
JHG	A	0.03%
BCPC	B	0.03%
BC	C	0.03%
LEA	D	0.03%
WHR	B	0.03%
NXST	C	0.03%
NFG	A	0.03%
OMF	A	0.03%
TPG	A	0.03%
CBT	C	0.03%
MDU	D	0.03%
GBCI	B	0.03%
BEN	C	0.03%
LNC	B	0.03%
COLB	A	0.03%
ONB	B	0.03%
CADE	B	0.03%
AXS	A	0.03%
DINO	D	0.03%
CXT	B	0.02%
VAC	B	0.02%
CC	C	0.02%
CNS	B	0.02%
STNG	F	0.02%
LCII	C	0.02%
APAM	B	0.02%
MGRC	B	0.02%
PAG	B	0.02%
TRN	C	0.02%
TGNA	B	0.02%
BOH	B	0.02%
NSP	D	0.02%
SFNC	B	0.02%
AVA	A	0.02%
TDS	B	0.02%
PBF	D	0.02%
PTEN	C	0.02%
CWT	D	0.02%
MAN	D	0.02%
SLVM	B	0.02%
AWR	B	0.02%
FBP	B	0.02%
EBC	B	0.02%
SXT	B	0.02%
FHB	A	0.02%
CATY	B	0.02%
TNL	A	0.02%
CBU	B	0.02%
YOU	D	0.02%
OTTR	C	0.02%
HP	B	0.02%
SHOO	D	0.02%
NWE	B	0.02%
FULT	A	0.02%
MGEE	C	0.02%
IBOC	A	0.02%
WEN	D	0.02%
AROC	B	0.02%
ABM	B	0.02%
BTU	B	0.02%
AUB	B	0.02%
LANC	C	0.02%
UCB	A	0.02%
IRDM	D	0.02%
SEM	B	0.02%
PRGO	B	0.02%
CCOI	B	0.02%
WD	D	0.02%
ASB	B	0.02%
GLNG	C	0.02%
CALM	A	0.02%
NOG	A	0.02%
CRC	B	0.02%
PII	D	0.02%
CNO	A	0.02%
DNB	B	0.02%
SR	A	0.02%
HUN	F	0.02%
KFY	B	0.02%
MSM	C	0.02%
WU	D	0.02%
NWL	B	0.02%
ALE	A	0.02%
SMG	D	0.02%
KMPR	B	0.02%
HOG	D	0.02%
PNM	F	0.02%
OGS	A	0.02%
BKH	A	0.02%
VLY	B	0.02%
AVNT	B	0.02%
GAP	C	0.02%
FLO	D	0.02%
SFBS	B	0.02%
M	D	0.02%
AGO	B	0.02%
MGY	A	0.02%
CWEN	C	0.01%
XRX	F	0.01%
JACK	D	0.01%
DK	C	0.01%
DAN	D	0.01%
WMK	C	0.01%
CNA	B	0.01%
CBRL	C	0.01%
OXM	D	0.01%
KLG	C	0.01%
FDP	B	0.01%
SRCE	B	0.01%
SCS	C	0.01%
UI	A	0.01%
NAVI	C	0.01%
SAFT	C	0.01%
DDS	B	0.01%
BHLB	B	0.01%
KALU	C	0.01%
KW	B	0.01%
UVV	B	0.01%
WOR	F	0.01%
EIG	B	0.01%
SFL	D	0.01%
BKE	B	0.01%
BLMN	F	0.01%
WABC	B	0.01%
CSGS	B	0.01%
HOPE	B	0.01%
HTH	B	0.01%
WT	B	0.01%
STBA	B	0.01%
TROX	D	0.01%
VRTS	B	0.01%
SASR	B	0.01%
REYN	D	0.01%
AY	B	0.01%
NWN	A	0.01%
HMN	B	0.01%
BHE	B	0.01%
WKC	D	0.01%
UPBD	B	0.01%
MLKN	D	0.01%
WGO	C	0.01%
GEF	A	0.01%
LEG	F	0.01%
LZB	B	0.01%
SYBT	B	0.01%
APOG	B	0.01%
FCF	A	0.01%
PDCO	D	0.01%
HEES	B	0.01%
TNC	D	0.01%
NWBI	B	0.01%
NTB	B	0.01%
CHCO	B	0.01%
PZZA	D	0.01%
WLY	B	0.01%
MCY	A	0.01%
WSBC	A	0.01%
GBX	A	0.01%
SJW	D	0.01%
SBLK	F	0.01%
STRA	C	0.01%
HI	C	0.01%
CABO	C	0.01%
CRI	D	0.01%
KMT	B	0.01%
PHIN	A	0.01%
NMRK	B	0.01%
NBTB	B	0.01%
KSS	F	0.01%
TRMK	B	0.01%
IBTX	B	0.01%
RNST	B	0.01%
PINC	B	0.01%
AAP	C	0.01%
VSH	D	0.01%
B	B	0.01%
FRME	B	0.01%
BANR	B	0.01%
BANF	B	0.01%
CAKE	C	0.01%
SBCF	A	0.01%
TOWN	B	0.01%
JWN	C	0.01%
WAFD	B	0.01%
ENR	B	0.01%
HNI	B	0.01%
ADTN	A	0.01%
IGT	F	0.01%
PFS	B	0.01%
CWEN	C	0.01%
NOMD	D	0.01%
FFBC	A	0.01%
FIBK	A	0.01%
PPBI	B	0.01%
BOKF	B	0.01%
SPB	C	0.01%
BFH	B	0.01%
PRK	B	0.01%
HTLF	B	0.01%
RRR	D	0.01%
JJSF	B	0.01%
VIRT	B	0.01%
CVBF	A	0.01%
ARCH	B	0.01%
BKU	A	0.01%
CPK	A	0.01%
INDB	B	0.01%
GES	F	0.0%
CVI	F	0.0%
NFE	D	0.0%
RBCAA	B	0.0%
SCHL	D	0.0%
TFSL	A	0.0%
FG	B	0.0%
SSTK	F	0.0%
DLX	B	0.0%
MATV	D	0.0%

VYM Underweight 131 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%
BRK.A	B	-1.42%
LLY	F	-1.39%
UNH	C	-1.37%
V	A	-1.28%
MA	C	-1.14%
COST	B	-1.07%
NFLX	A	-0.8%
ORCL	B	-0.73%
LIN	D	-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%
AMD	F	-0.51%
TMUS	B	-0.51%
ADBE	C	-0.48%
KKR	A	-0.46%
DE	A	-0.44%
CTAS	B	-0.42%
DAL	C	-0.39%
BKNG	A	-0.39%
PLTR	B	-0.36%
VRTX	F	-0.36%
HWM	A	-0.36%
AVB	B	-0.35%
SCHW	B	-0.35%
KLAC	D	-0.34%
RSG	A	-0.34%
DOV	A	-0.33%
OTIS	C	-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%
BRO	B	-0.31%
PANW	C	-0.3%
COR	B	-0.3%
PHM	D	-0.3%
UBER	D	-0.29%
DOC	D	-0.29%
LRCX	F	-0.29%
AME	A	-0.28%
PYPL	B	-0.28%
MAA	B	-0.27%
MRVL	B	-0.25%
MELI	D	-0.25%
LII	A	-0.25%
L	A	-0.24%
NDAQ	A	-0.24%
URI	B	-0.24%
JBHT	C	-0.24%
RMD	C	-0.24%
MKL	A	-0.23%
ULTA	F	-0.23%
EXPD	D	-0.23%
LNG	B	-0.22%
HEI	B	-0.22%
SSNC	B	-0.21%
REGN	F	-0.21%
ARE	D	-0.21%
AMCR	D	-0.21%
LULU	C	-0.21%
MSTR	C	-0.2%
ESS	B	-0.19%
SPOT	B	-0.19%
TTD	B	-0.18%
ZM	B	-0.18%
WBD	C	-0.18%
CSL	C	-0.18%
CRWD	B	-0.17%
AKAM	D	-0.16%
ABNB	C	-0.15%
MOH	F	-0.14%
APTV	D	-0.14%
NDSN	B	-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%
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%
TRU	D	-0.09%
BLDR	D	-0.08%
ZS	C	-0.08%
NET	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%
OWL	A	-0.05%
ILMN	D	-0.05%
OKTA	C	-0.04%
WLK	D	-0.04%
BSY	D	-0.04%
CPNG	D	-0.03%
PINS	D	-0.03%
ENPH	F	-0.03%
RKT	F	-0.03%
WMG	C	-0.02%
MRNA	F	-0.01%