XCLR vs. PHDG ETF Comparison

Comparison of Global X S&P 500 Collar 95-110 ETF (XCLR) to PowerShares S&P 500 Downside Hedged Portfolio (PHDG)

XCLR

Global X S&P 500 Collar 95-110 ETF

XCLR Description

Global X S&P 500 Collar 95-110 ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Cboe S&P 500 3-Month Collar 95-110 Index, by using full replication technique. Global X Funds - Global X S&P 500 Collar 95-110 ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$30.38

Average Daily Volume

1,109

Number of Holdings ^*

495

* 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

$37.74

Average Daily Volume

11,453

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	XCLR	PHDG
30 Days	-2.11%	0.06%
60 Days	2.40%	4.55%
90 Days	6.24%	6.72%
12 Months	17.86%	14.35%

495 Overlapping Holdings

Symbol	Grade	Weight in XCLR	Weight in PHDG	Overlap
A	A	0.08%	0.06%	0.06%
AAL	F	0.02%	0.01%	0.01%
AAPL	B	6.84%	4.43%	4.43%
ABBV	A	0.72%	0.45%	0.45%
ABNB	F	0.13%	0.09%	0.09%
ABT	A	0.4%	0.26%	0.26%
ACGL	C	0.07%	0.05%	0.05%
ACN	C	0.46%	0.29%	0.29%
ADBE	C	0.52%	0.34%	0.34%
ADI	D	0.25%	0.15%	0.15%
ADM	D	0.07%	0.05%	0.05%
ADP	A	0.23%	0.14%	0.14%
ADSK	D	0.11%	0.07%	0.07%
AEE	A	0.03%	0.03%	0.03%
AEP	A	0.11%	0.07%	0.07%
AES	D	0.03%	0.02%	0.02%
AFL	A	0.1%	0.07%	0.07%
AIG	C	0.11%	0.07%	0.07%
AIZ	A	0.02%	0.01%	0.01%
AJG	A	0.13%	0.08%	0.08%
AKAM	C	0.02%	0.02%	0.02%
ALB	F	0.02%	0.02%	0.02%
ALGN	F	0.04%	0.02%	0.02%
ALL	A	0.09%	0.06%	0.06%
ALLE	B	0.02%	0.02%	0.02%
AMAT	F	0.37%	0.24%	0.24%
AMCR	A	0.02%	0.02%	0.02%
AMD	F	0.49%	0.32%	0.32%
AME	D	0.09%	0.05%	0.05%
AMGN	B	0.39%	0.25%	0.25%
AMP	D	0.1%	0.06%	0.06%
AMT	A	0.23%	0.14%	0.14%
AMZN	D	3.59%	2.33%	2.33%
ANET	D	0.18%	0.11%	0.11%
ANSS	D	0.06%	0.04%	0.04%
AON	A	0.14%	0.09%	0.09%
AOS	C	0.02%	0.01%	0.01%
APA	D	0.01%	0.02%	0.01%
APD	B	0.13%	0.08%	0.08%
APH	D	0.16%	0.1%	0.1%
APTV	D	0.04%	0.03%	0.03%
ARE	D	0.03%	0.03%	0.03%
ATO	A	0.03%	0.03%	0.03%
AVB	A	0.06%	0.04%	0.04%
AVGO	D	1.4%	0.92%	0.92%
AVY	D	0.03%	0.02%	0.02%
AWK	A	0.07%	0.04%	0.04%
AXON	C	0.06%	0.03%	0.03%
AXP	C	0.29%	0.19%	0.19%
AZO	A	0.14%	0.07%	0.07%
BA	D	0.22%	0.15%	0.15%
BAC	C	0.62%	0.4%	0.4%
BALL	B	0.03%	0.03%	0.03%
BAX	C	0.03%	0.03%	0.03%
BBWI	F	0.01%	0.01%	0.01%
BBY	C	0.04%	0.02%	0.02%
BDX	A	0.14%	0.09%	0.09%
BEN	F	0.02%	0.01%	0.01%
BG	D	0.04%	0.02%	0.02%
BIIB	F	0.06%	0.05%	0.05%
BIO	A	0.01%	0.01%	0.01%
BK	B	0.1%	0.07%	0.07%
BKNG	D	0.34%	0.17%	0.17%
BKR	B	0.08%	0.05%	0.05%
BLDR	C	0.04%	0.03%	0.03%
BLK	B	0.24%	0.16%	0.16%
BMY	A	0.2%	0.13%	0.13%
BR	A	0.06%	0.03%	0.03%
BRK.A	B	1.73%	1.11%	1.11%
BRO	A	0.05%	0.03%	0.03%
BSX	D	0.23%	0.15%	0.15%
BWA	D	0.01%	0.01%	0.01%
BX	B	0.22%	0.14%	0.14%
BXP	B	0.01%	0.01%	0.01%
C	C	0.27%	0.17%	0.17%
CAG	A	0.03%	0.02%	0.02%
CAH	B	0.04%	0.03%	0.03%
CARR	C	0.11%	0.08%	0.08%
CAT	C	0.37%	0.24%	0.24%
CB	A	0.25%	0.15%	0.15%
CBOE	B	0.04%	0.03%	0.03%
CBRE	A	0.07%	0.05%	0.05%
CCI	A	0.09%	0.06%	0.06%
CCL	D	0.03%	0.02%	0.02%
CDNS	F	0.15%	0.1%	0.1%
CDW	D	0.05%	0.04%	0.04%
CE	F	0.03%	0.02%	0.02%
CEG	D	0.12%	0.08%	0.08%
CF	D	0.03%	0.02%	0.02%
CFG	B	0.03%	0.03%	0.03%
CHD	D	0.05%	0.03%	0.03%
CHRW	A	0.01%	0.01%	0.01%
CHTR	A	0.06%	0.04%	0.04%
CI	B	0.22%	0.14%	0.14%
CINF	A	0.03%	0.03%	0.03%
CL	A	0.16%	0.11%	0.11%
CLX	A	0.02%	0.02%	0.02%
CMCSA	B	0.32%	0.21%	0.21%
CME	C	0.16%	0.1%	0.1%
CMG	D	0.14%	0.1%	0.1%
CMI	A	0.08%	0.05%	0.05%
CMS	A	0.03%	0.03%	0.03%
CNC	A	0.07%	0.05%	0.05%
CNP	D	0.03%	0.03%	0.03%
COF	C	0.12%	0.08%	0.08%
COP	F	0.29%	0.18%	0.18%
COST	D	0.8%	0.51%	0.51%
CPAY	C	0.05%	0.03%	0.03%
CPB	A	0.02%	0.01%	0.01%
CPRT	C	0.1%	0.06%	0.06%
CPT	A	0.02%	0.02%	0.02%
CRL	A	0.03%	0.02%	0.02%
CRM	D	0.54%	0.35%	0.35%
CRWD	F	0.13%	0.08%	0.08%
CSCO	D	0.42%	0.27%	0.27%
CSGP	D	0.07%	0.04%	0.04%
CSX	C	0.14%	0.09%	0.09%
CTAS	B	0.14%	0.09%	0.09%
CTLT	A	0.02%	0.01%	0.01%
CTRA	F	0.04%	0.03%	0.03%
CTSH	B	0.08%	0.05%	0.05%
CTVA	C	0.08%	0.05%	0.05%
CVS	C	0.16%	0.1%	0.1%
CVX	D	0.6%	0.39%	0.39%
CZR	F	0.01%	0.01%	0.01%
D	A	0.1%	0.06%	0.06%
DAL	F	0.07%	0.04%	0.04%
DAY	C	0.01%	0.01%	0.01%
DD	C	0.07%	0.05%	0.05%
DE	D	0.21%	0.14%	0.14%
DECK	D	0.04%	0.03%	0.03%
DFS	C	0.07%	0.05%	0.05%
DG	D	0.06%	0.04%	0.04%
DGX	A	0.03%	0.02%	0.02%
DHI	A	0.11%	0.07%	0.07%
DHR	A	0.38%	0.25%	0.25%
DIS	F	0.35%	0.23%	0.23%
DLR	A	0.1%	0.07%	0.07%
DLTR	F	0.04%	0.03%	0.03%
DOC	A	0.03%	0.02%	0.02%
DOV	C	0.06%	0.04%	0.04%
DOW	D	0.08%	0.05%	0.05%
DPZ	D	0.04%	0.02%	0.02%
DRI	D	0.03%	0.02%	0.02%
DTE	A	0.06%	0.03%	0.03%
DUK	A	0.19%	0.12%	0.12%
DVA	C	0.02%	0.01%	0.01%
DVN	D	0.06%	0.04%	0.04%
DXCM	F	0.09%	0.06%	0.06%
EA	A	0.07%	0.05%	0.05%
EBAY	A	0.05%	0.04%	0.04%
ECL	C	0.13%	0.09%	0.09%
ED	A	0.08%	0.05%	0.05%
EFX	A	0.08%	0.05%	0.05%
EG	D	0.04%	0.02%	0.02%
EIX	A	0.06%	0.04%	0.04%
EL	F	0.04%	0.03%	0.03%
ELV	B	0.26%	0.17%	0.17%
EMN	C	0.02%	0.02%	0.02%
EMR	C	0.15%	0.09%	0.09%
ENPH	F	0.04%	0.02%	0.02%
EOG	C	0.16%	0.1%	0.1%
EPAM	C	0.03%	0.02%	0.02%
EQIX	A	0.14%	0.1%	0.1%
EQR	B	0.05%	0.03%	0.03%
EQT	F	0.03%	0.03%	0.03%
ES	A	0.05%	0.03%	0.03%
ESS	B	0.05%	0.03%	0.03%
ETN	D	0.26%	0.16%	0.16%
ETR	A	0.05%	0.03%	0.03%
ETSY	D	0.02%	0.01%	0.01%
EVRG	A	0.02%	0.02%	0.02%
EW	F	0.08%	0.05%	0.05%
EXC	A	0.08%	0.05%	0.05%
EXPD	B	0.04%	0.03%	0.03%
EXPE	D	0.04%	0.02%	0.02%
EXR	A	0.07%	0.05%	0.05%
F	F	0.1%	0.06%	0.06%
FANG	C	0.07%	0.05%	0.05%
FAST	B	0.09%	0.06%	0.06%
FCX	F	0.14%	0.09%	0.09%
FDS	D	0.04%	0.02%	0.02%
FDX	B	0.14%	0.1%	0.1%
FE	A	0.05%	0.03%	0.03%
FFIV	A	0.03%	0.01%	0.01%
FICO	A	0.07%	0.06%	0.06%
FIS	C	0.09%	0.06%	0.06%
FITB	B	0.05%	0.04%	0.04%
FMC	B	0.02%	0.01%	0.01%
FOX	B	0.01%	0.01%	0.01%
FOXA	B	0.02%	0.01%	0.01%
FRT	A	0.02%	0.01%	0.01%
FSLR	D	0.05%	0.03%	0.03%
FTNT	F	0.08%	0.05%	0.05%
FTV	D	0.06%	0.03%	0.03%
GD	A	0.14%	0.09%	0.09%
GDDY	A	0.04%	0.03%	0.03%
GE	C	0.4%	0.25%	0.25%
GEHC	B	0.07%	0.05%	0.05%
GEV	C	0.09%	0.06%	0.06%
GILD	A	0.2%	0.13%	0.13%
GIS	A	0.07%	0.05%	0.05%
GL	C	0.02%	0.01%	0.01%
GLW	C	0.07%	0.05%	0.05%
GM	D	0.11%	0.07%	0.07%
GNRC	C	0.03%	0.01%	0.01%
GOOG	D	1.82%	1.17%	1.17%
GOOGL	D	2.16%	1.39%	1.39%
GPC	A	0.05%	0.03%	0.03%
GPN	F	0.06%	0.04%	0.04%
GRMN	B	0.06%	0.04%	0.04%
GS	B	0.35%	0.23%	0.23%
GWW	B	0.09%	0.06%	0.06%
HAL	F	0.07%	0.04%	0.04%
HAS	A	0.02%	0.01%	0.01%
HBAN	B	0.05%	0.03%	0.03%
HCA	A	0.15%	0.1%	0.1%
HD	B	0.78%	0.5%	0.5%
HES	D	0.1%	0.06%	0.06%
HIG	A	0.07%	0.04%	0.04%
HII	B	0.03%	0.02%	0.02%
HLT	C	0.12%	0.08%	0.08%
HOLX	A	0.03%	0.03%	0.03%
HON	D	0.28%	0.19%	0.19%
HPE	D	0.06%	0.04%	0.04%
HPQ	C	0.07%	0.04%	0.04%
HRL	A	0.02%	0.01%	0.01%
HSIC	C	0.02%	0.01%	0.01%
HST	F	0.03%	0.02%	0.02%
HSY	A	0.06%	0.04%	0.04%
HUBB	D	0.05%	0.03%	0.03%
HUM	D	0.11%	0.07%	0.07%
HWM	A	0.07%	0.05%	0.05%
IBM	A	0.39%	0.25%	0.25%
ICE	B	0.19%	0.12%	0.12%
IDXX	D	0.09%	0.06%	0.06%
IEX	D	0.03%	0.02%	0.02%
IFF	C	0.05%	0.04%	0.04%
INCY	B	0.03%	0.02%	0.02%
INTC	F	0.29%	0.19%	0.19%
INTU	B	0.38%	0.25%	0.25%
INVH	A	0.05%	0.03%	0.03%
IP	B	0.04%	0.02%	0.02%
IPG	C	0.03%	0.02%	0.02%
IQV	A	0.09%	0.06%	0.06%
IR	C	0.09%	0.06%	0.06%
IRM	A	0.06%	0.04%	0.04%
ISRG	A	0.35%	0.22%	0.22%
IT	A	0.06%	0.05%	0.05%
ITW	C	0.15%	0.09%	0.09%
IVZ	B	0.02%	0.01%	0.01%
J	B	0.05%	0.03%	0.03%
JBHT	C	0.02%	0.02%	0.02%
JBL	F	0.03%	0.02%	0.02%
JCI	D	0.1%	0.06%	0.06%
JKHY	A	0.02%	0.02%	0.02%
JNJ	A	0.85%	0.54%	0.54%
JNPR	A	0.02%	0.02%	0.02%
JPM	C	1.3%	0.85%	0.85%
K	A	0.04%	0.02%	0.02%
KDP	A	0.07%	0.05%	0.05%
KEY	C	0.03%	0.02%	0.02%
KEYS	D	0.06%	0.03%	0.03%
KHC	A	0.06%	0.04%	0.04%
KIM	A	0.03%	0.02%	0.02%
KKR	C	0.16%	0.11%	0.11%
KLAC	D	0.21%	0.15%	0.15%
KMB	A	0.11%	0.07%	0.07%
KMI	B	0.09%	0.06%	0.06%
KMX	B	0.03%	0.02%	0.02%
KO	A	0.56%	0.36%	0.36%
KR	A	0.08%	0.05%	0.05%
KVUE	C	0.07%	0.05%	0.05%
L	B	0.03%	0.02%	0.02%
LDOS	C	0.05%	0.03%	0.03%
LEN	B	0.09%	0.06%	0.06%
LHX	B	0.11%	0.07%	0.07%
LIN	A	0.48%	0.3%	0.3%
LKQ	F	0.03%	0.01%	0.01%
LLY	D	1.42%	0.92%	0.92%
LMT	A	0.24%	0.16%	0.16%
LNT	A	0.04%	0.02%	0.02%
LOW	A	0.3%	0.19%	0.19%
LRCX	F	0.25%	0.16%	0.16%
LULU	F	0.06%	0.04%	0.04%
LUV	F	0.04%	0.02%	0.02%
LVS	F	0.03%	0.02%	0.02%
LW	F	0.02%	0.01%	0.01%
LYB	D	0.05%	0.03%	0.03%
LYV	D	0.03%	0.02%	0.02%
MA	A	0.76%	0.5%	0.5%
MAA	A	0.03%	0.02%	0.02%
MAR	D	0.12%	0.08%	0.08%
MAS	B	0.03%	0.02%	0.02%
MCD	A	0.4%	0.26%	0.26%
MCHP	F	0.1%	0.06%	0.06%
MCK	A	0.17%	0.11%	0.11%
MCO	A	0.14%	0.1%	0.1%
MDLZ	A	0.2%	0.13%	0.13%
MDT	A	0.22%	0.15%	0.15%
MET	C	0.1%	0.07%	0.07%
META	C	2.17%	1.41%	1.41%
MGM	F	0.02%	0.02%	0.02%
MHK	A	0.03%	0.01%	0.01%
MKC	A	0.03%	0.03%	0.03%
MKTX	A	0.02%	0.01%	0.01%
MLM	B	0.08%	0.05%	0.05%
MMC	A	0.23%	0.15%	0.15%
MMM	A	0.13%	0.08%	0.08%
MNST	B	0.08%	0.05%	0.05%
MO	A	0.18%	0.12%	0.12%
MOH	B	0.05%	0.03%	0.03%
MOS	F	0.02%	0.01%	0.01%
MPC	F	0.13%	0.09%	0.09%
MPWR	C	0.07%	0.05%	0.05%
MRK	D	0.7%	0.45%	0.45%
MRNA	F	0.08%	0.06%	0.06%
MRO	D	0.04%	0.02%	0.02%
MS	C	0.29%	0.18%	0.18%
MSCI	A	0.1%	0.06%	0.06%
MSFT	D	6.78%	4.39%	4.39%
MSI	A	0.14%	0.09%	0.09%
MTB	B	0.07%	0.04%	0.04%
MTCH	A	0.02%	0.01%	0.01%
MTD	B	0.07%	0.04%	0.04%
MU	F	0.27%	0.17%	0.17%
NCLH	D	0.01%	0.01%	0.01%
NDAQ	A	0.05%	0.04%	0.04%
NDSN	C	0.03%	0.02%	0.02%
NEE	A	0.33%	0.21%	0.21%
NEM	A	0.12%	0.07%	0.07%
NFLX	D	0.59%	0.39%	0.39%
NI	A	0.03%	0.02%	0.02%
NKE	F	0.19%	0.12%	0.12%
NOC	A	0.15%	0.09%	0.09%
NOW	B	0.35%	0.24%	0.24%
NRG	D	0.03%	0.02%	0.02%
NSC	A	0.1%	0.07%	0.07%
NTAP	C	0.06%	0.04%	0.04%
NTRS	B	0.05%	0.03%	0.03%
NUE	F	0.08%	0.05%	0.05%
NVDA	D	6.02%	3.9%	3.9%
NWS	C	0.01%	0.0%	0.0%
NWSA	C	0.03%	0.01%	0.01%
NXPI	D	0.14%	0.09%	0.09%
O	A	0.1%	0.07%	0.07%
ODFL	C	0.08%	0.05%	0.05%
OKE	C	0.11%	0.07%	0.07%
OMC	B	0.05%	0.03%	0.03%
ON	D	0.06%	0.04%	0.04%
ORCL	C	0.48%	0.31%	0.31%
ORLY	A	0.15%	0.09%	0.09%
OTIS	D	0.08%	0.05%	0.05%
OXY	D	0.09%	0.06%	0.06%
PANW	C	0.23%	0.15%	0.15%
PARA	D	0.02%	0.01%	0.01%
PAYC	C	0.02%	0.01%	0.01%
PAYX	A	0.09%	0.06%	0.06%
PCAR	F	0.11%	0.07%	0.07%
PCG	A	0.08%	0.05%	0.05%
PEG	A	0.08%	0.05%	0.05%
PEP	A	0.51%	0.33%	0.33%
PFE	A	0.38%	0.24%	0.24%
PFG	D	0.04%	0.03%	0.03%
PG	A	0.87%	0.55%	0.55%
PGR	A	0.27%	0.18%	0.18%
PH	C	0.15%	0.1%	0.1%
PHM	B	0.05%	0.04%	0.04%
PKG	A	0.04%	0.02%	0.02%
PLD	B	0.25%	0.16%	0.16%
PM	A	0.39%	0.25%	0.25%
PNC	B	0.15%	0.1%	0.1%
PNR	B	0.03%	0.02%	0.02%
PNW	A	0.02%	0.01%	0.01%
PODD	A	0.03%	0.02%	0.02%
POOL	C	0.03%	0.02%	0.02%
PPG	F	0.05%	0.04%	0.04%
PPL	A	0.05%	0.03%	0.03%
PRU	C	0.1%	0.06%	0.06%
PSA	A	0.11%	0.07%	0.07%
PSX	D	0.14%	0.09%	0.09%
PTC	D	0.04%	0.03%	0.03%
PWR	D	0.08%	0.05%	0.05%
PYPL	B	0.13%	0.09%	0.09%
QCOM	F	0.43%	0.28%	0.28%
QRVO	C	0.01%	0.02%	0.01%
RCL	C	0.07%	0.05%	0.05%
REG	A	0.02%	0.01%	0.01%
REGN	A	0.25%	0.16%	0.16%
RF	B	0.04%	0.03%	0.03%
RJF	D	0.05%	0.03%	0.03%
RL	D	0.02%	0.01%	0.01%
RMD	A	0.07%	0.04%	0.04%
ROK	D	0.06%	0.04%	0.04%
ROL	C	0.03%	0.02%	0.02%
ROP	D	0.13%	0.08%	0.08%
ROST	D	0.11%	0.07%	0.07%
RSG	A	0.08%	0.05%	0.05%
RTX	A	0.33%	0.21%	0.21%
SBAC	A	0.05%	0.03%	0.03%
SBUX	D	0.18%	0.12%	0.12%
SCHW	D	0.22%	0.14%	0.14%
SHW	A	0.18%	0.11%	0.11%
SJM	A	0.02%	0.02%	0.02%
SLB	D	0.15%	0.1%	0.1%
SMCI	F	0.07%	0.05%	0.05%
SNA	B	0.04%	0.02%	0.02%
SNPS	D	0.18%	0.12%	0.12%
SO	A	0.2%	0.13%	0.13%
SOLV	B	0.02%	0.01%	0.01%
SPG	B	0.11%	0.07%	0.07%
SPGI	B	0.34%	0.22%	0.22%
SRE	A	0.11%	0.07%	0.07%
STE	A	0.04%	0.03%	0.03%
STLD	D	0.05%	0.03%	0.03%
STT	B	0.06%	0.04%	0.04%
STX	C	0.04%	0.03%	0.03%
STZ	D	0.08%	0.06%	0.06%
SW	F	0.03%	0.04%	0.03%
SWK	A	0.03%	0.02%	0.02%
SWKS	C	0.04%	0.03%	0.03%
SYF	C	0.04%	0.03%	0.03%
SYK	D	0.25%	0.16%	0.16%
SYY	A	0.07%	0.05%	0.05%
T	A	0.3%	0.19%	0.19%
TAP	C	0.02%	0.01%	0.01%
TDG	D	0.17%	0.1%	0.1%
TDY	B	0.06%	0.03%	0.03%
TECH	A	0.03%	0.02%	0.02%
TEL	C	0.1%	0.07%	0.07%
TER	D	0.04%	0.03%	0.03%
TFC	B	0.13%	0.08%	0.08%
TFX	A	0.02%	0.01%	0.01%
TGT	F	0.14%	0.1%	0.1%
TJX	A	0.28%	0.18%	0.18%
TMO	A	0.5%	0.32%	0.32%
TMUS	A	0.19%	0.13%	0.13%
TPR	D	0.02%	0.01%	0.01%
TRGP	B	0.07%	0.04%	0.04%
TRMB	F	0.03%	0.02%	0.02%
TROW	D	0.05%	0.04%	0.04%
TRV	A	0.1%	0.07%	0.07%
TSCO	D	0.06%	0.04%	0.04%
TSLA	C	1.34%	0.86%	0.86%
TSN	A	0.04%	0.02%	0.02%
TT	B	0.15%	0.1%	0.1%
TTWO	D	0.06%	0.03%	0.03%
TXN	C	0.4%	0.25%	0.25%
TXT	C	0.03%	0.03%	0.03%
TYL	A	0.05%	0.03%	0.03%
UAL	F	0.03%	0.02%	0.02%
UBER	F	0.3%	0.19%	0.19%
UDR	B	0.03%	0.02%	0.02%
UHS	A	0.04%	0.02%	0.02%
ULTA	F	0.05%	0.02%	0.02%
UNH	A	1.13%	0.73%	0.73%
UNP	B	0.32%	0.2%	0.2%
UPS	F	0.2%	0.13%	0.13%
URI	B	0.11%	0.07%	0.07%
USB	B	0.14%	0.1%	0.1%
V	C	0.87%	0.57%	0.57%
VICI	A	0.07%	0.04%	0.04%
VLO	C	0.11%	0.08%	0.08%
VLTO	A	0.05%	0.03%	0.03%
VMC	A	0.08%	0.05%	0.05%
VRSK	C	0.08%	0.06%	0.06%
VRSN	B	0.03%	0.02%	0.02%
VRTX	B	0.28%	0.18%	0.18%
VST	D	0.05%	0.03%	0.03%
VTR	A	0.04%	0.03%	0.03%
VTRS	A	0.03%	0.02%	0.02%
VZ	B	0.36%	0.24%	0.24%
WAB	D	0.07%	0.04%	0.04%
WAT	A	0.04%	0.03%	0.03%
WBA	F	0.02%	0.01%	0.01%
WBD	C	0.04%	0.03%	0.03%
WDC	F	0.04%	0.03%	0.03%
WEC	A	0.06%	0.04%	0.04%
WELL	A	0.14%	0.09%	0.09%
WFC	D	0.45%	0.29%	0.29%
WM	C	0.17%	0.1%	0.1%
WMB	B	0.11%	0.07%	0.07%
WMT	B	0.65%	0.42%	0.42%
WRB	A	0.04%	0.02%	0.02%
WST	F	0.05%	0.03%	0.03%
WTW	A	0.05%	0.04%	0.04%
WY	A	0.05%	0.03%	0.03%
WYNN	F	0.01%	0.01%	0.01%
XEL	A	0.06%	0.04%	0.04%
XOM	A	1.15%	0.75%	0.75%
XYL	D	0.07%	0.05%	0.05%
YUM	B	0.08%	0.05%	0.05%
ZBH	C	0.06%	0.03%	0.03%
ZBRA	B	0.05%	0.02%	0.02%
ZTS	B	0.19%	0.12%	0.12%

XCLR Overweight 0 Positions Relative to PHDG

	Symbol	Grade	Weight

XCLR Underweight 1 Positions Relative to PHDG

	Symbol	Grade	Weight
	NVR	A	-0.04%