XVV vs. PHDG ETF Comparison

Comparison of iShares ESG Screened S&P 500 ETF (XVV) to PowerShares S&P 500 Downside Hedged Portfolio (PHDG)

XVV

iShares ESG Screened S&P 500 ETF

XVV Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities while applying screens for company involvement in controversies and controversial business activities. The fund seeks to track the investment results of the S&P 500 Sustainability Screened Index, which measures the performance of the large-capitalization sector of the U.S. equity market while excluding companies involved in controversial business activities and controversies, as determined by S&P Dow Jones Indices LLC. BFA uses a representative sampling indexing strategy to manage the fund. It is non-diversified.

Grade (RS Rating)

Last Trade

$45.89

Average Daily Volume

40,869

Number of Holdings ^*

443

* 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	XVV	PHDG
30 Days	3.10%	0.66%
60 Days	4.22%	1.51%
90 Days	5.90%	1.58%
12 Months	32.25%	18.52%

441 Overlapping Holdings

	Symbol	Grade	Weight in XVV	Weight in PHDG	Overlap
	A	D	0.08%	0.04%	0.04%
	AAPL	C	7.53%	3.74%	3.74%
	ABBV	D	0.65%	0.32%	0.32%
	ABNB	C	0.13%	0.06%	0.06%
	ABT	B	0.43%	0.22%	0.22%
	ACGL	D	0.08%	0.04%	0.04%
	ACN	C	0.49%	0.24%	0.24%
	ADBE	C	0.51%	0.25%	0.25%
	ADI	D	0.23%	0.11%	0.11%
	ADM	D	0.05%	0.03%	0.03%
	ADP	B	0.27%	0.13%	0.13%
	ADSK	A	0.14%	0.07%	0.07%
	AFL	B	0.12%	0.06%	0.06%
	AIG	B	0.11%	0.05%	0.05%
	AIZ	A	0.03%	0.01%	0.01%
	AJG	B	0.14%	0.07%	0.07%
	AKAM	D	0.03%	0.01%	0.01%
	ALB	C	0.03%	0.01%	0.01%
	ALGN	D	0.03%	0.02%	0.02%
	ALL	A	0.11%	0.06%	0.06%
	ALLE	D	0.03%	0.01%	0.01%
	AMAT	F	0.33%	0.17%	0.17%
	AMCR	D	0.03%	0.02%	0.02%
	AMD	F	0.49%	0.24%	0.24%
	AME	A	0.1%	0.05%	0.05%
	AMGN	D	0.35%	0.17%	0.17%
	AMP	A	0.12%	0.06%	0.06%
	AMT	D	0.2%	0.1%	0.1%
	AMZN	C	4.29%	2.13%	2.13%
	ANET	C	0.22%	0.11%	0.11%
	ANSS	B	0.06%	0.03%	0.03%
	AON	A	0.18%	0.09%	0.09%
	AOS	F	0.02%	0.01%	0.01%
	APD	A	0.15%	0.08%	0.08%
	APH	A	0.19%	0.09%	0.09%
	APTV	D	0.03%	0.02%	0.02%
	ARE	D	0.04%	0.02%	0.02%
	ATO	A	0.05%	0.02%	0.02%
	AVB	B	0.07%	0.03%	0.03%
	AVGO	D	1.72%	0.86%	0.86%
	AVY	D	0.04%	0.02%	0.02%
	AWK	D	0.06%	0.03%	0.03%
	AXON	A	0.1%	0.05%	0.05%
	AXP	A	0.35%	0.17%	0.17%
	AZO	C	0.12%	0.06%	0.06%
	BAC	A	0.67%	0.33%	0.33%
	BALL	D	0.04%	0.02%	0.02%
	BAX	D	0.04%	0.02%	0.02%
	BBY	D	0.04%	0.02%	0.02%
	BDX	F	0.14%	0.07%	0.07%
	BEN	C	0.01%	0.01%	0.01%
	BG	F	0.03%	0.01%	0.01%
	BIIB	F	0.05%	0.03%	0.03%
	BK	A	0.12%	0.06%	0.06%
	BKNG	A	0.36%	0.18%	0.18%
	BKR	B	0.09%	0.05%	0.05%
	BLDR	D	0.05%	0.02%	0.02%
	BLK	C	0.32%	0.16%	0.16%
	BMY	B	0.26%	0.13%	0.13%
	BR	A	0.06%	0.03%	0.03%
	BRK.A	B	1.86%	0.92%	0.92%
	BRO	B	0.06%	0.03%	0.03%
	BSX	B	0.28%	0.14%	0.14%
	BWA	D	0.02%	0.01%	0.01%
	BX	A	0.28%	0.14%	0.14%
	BXP	D	0.02%	0.01%	0.01%
	C	A	0.28%	0.14%	0.14%
	CAG	D	0.03%	0.01%	0.01%
	CAH	B	0.06%	0.03%	0.03%
	CARR	D	0.14%	0.07%	0.07%
	CAT	B	0.41%	0.2%	0.2%
	CB	C	0.23%	0.12%	0.12%
	CBOE	B	0.04%	0.02%	0.02%
	CBRE	B	0.09%	0.04%	0.04%
	CCI	D	0.1%	0.05%	0.05%
	CCL	B	0.05%	0.03%	0.03%
	CDNS	B	0.18%	0.09%	0.09%
	CDW	F	0.05%	0.03%	0.03%
	CE	F	0.02%	0.01%	0.01%
	CEG	D	0.15%	0.08%	0.08%
	CF	B	0.03%	0.02%	0.02%
	CFG	B	0.05%	0.02%	0.02%
	CHD	B	0.06%	0.03%	0.03%
	CHRW	C	0.03%	0.01%	0.01%
	CHTR	C	0.08%	0.04%	0.04%
	CI	F	0.2%	0.1%	0.1%
	CINF	A	0.05%	0.03%	0.03%
	CL	D	0.16%	0.08%	0.08%
	CLX	B	0.04%	0.02%	0.02%
	CMCSA	B	0.36%	0.18%	0.18%
	CME	A	0.18%	0.09%	0.09%
	CMG	B	0.18%	0.09%	0.09%
	CMI	A	0.11%	0.05%	0.05%
	CNC	D	0.07%	0.03%	0.03%
	CNP	B	0.04%	0.02%	0.02%
	COF	B	0.15%	0.08%	0.08%
	COR	B	0.09%	0.05%	0.05%
	COST	B	0.89%	0.44%	0.44%
	CPAY	A	0.06%	0.03%	0.03%
	CPB	D	0.02%	0.01%	0.01%
	CPRT	A	0.11%	0.05%	0.05%
	CPT	B	0.03%	0.01%	0.01%
	CRL	C	0.02%	0.01%	0.01%
	CRM	B	0.7%	0.35%	0.35%
	CRWD	B	0.17%	0.09%	0.09%
	CSCO	B	0.51%	0.25%	0.25%
	CSGP	D	0.07%	0.03%	0.03%
	CSX	B	0.15%	0.07%	0.07%
	CTAS	B	0.16%	0.08%	0.08%
	CTLT	B	0.02%	0.01%	0.01%
	CTSH	B	0.09%	0.04%	0.04%
	CTVA	C	0.09%	0.04%	0.04%
	CVS	D	0.15%	0.07%	0.07%
	CZR	F	0.02%	0.01%	0.01%
	D	C	0.1%	0.05%	0.05%
	DAL	C	0.09%	0.04%	0.04%
	DAY	B	0.03%	0.01%	0.01%
	DE	A	0.22%	0.11%	0.11%
	DECK	A	0.06%	0.03%	0.03%
	DFS	B	0.1%	0.05%	0.05%
	DG	F	0.04%	0.02%	0.02%
	DGX	A	0.04%	0.02%	0.02%
	DHI	D	0.1%	0.05%	0.05%
	DHR	F	0.33%	0.17%	0.17%
	DIS	B	0.43%	0.21%	0.21%
	DLR	B	0.12%	0.06%	0.06%
	DLTR	F	0.03%	0.01%	0.01%
	DOC	D	0.03%	0.02%	0.02%
	DOV	A	0.06%	0.03%	0.03%
	DOW	F	0.07%	0.03%	0.03%
	DPZ	C	0.03%	0.02%	0.02%
	DRI	B	0.04%	0.02%	0.02%
	DVA	B	0.02%	0.01%	0.01%
	DXCM	D	0.06%	0.03%	0.03%
	EA	A	0.09%	0.04%	0.04%
	EBAY	D	0.07%	0.03%	0.03%
	ECL	D	0.14%	0.07%	0.07%
	ED	D	0.07%	0.04%	0.04%
	EFX	F	0.07%	0.03%	0.03%
	EIX	B	0.07%	0.03%	0.03%
	EL	F	0.03%	0.02%	0.02%
	ELV	F	0.21%	0.1%	0.1%
	EMR	A	0.16%	0.08%	0.08%
	ENPH	F	0.02%	0.01%	0.01%
	EPAM	C	0.03%	0.02%	0.02%
	EQIX	A	0.19%	0.09%	0.09%
	EQR	B	0.05%	0.03%	0.03%
	ES	D	0.05%	0.02%	0.02%
	ESS	B	0.04%	0.02%	0.02%
	ETN	A	0.31%	0.16%	0.16%
	ETR	B	0.07%	0.03%	0.03%
	EW	C	0.09%	0.04%	0.04%
	EXC	C	0.08%	0.04%	0.04%
	EXPD	D	0.04%	0.02%	0.02%
	EXPE	B	0.05%	0.02%	0.02%
	EXR	D	0.08%	0.04%	0.04%
	F	C	0.09%	0.05%	0.05%
	FAST	B	0.1%	0.05%	0.05%
	FCX	D	0.13%	0.07%	0.07%
	FDS	B	0.04%	0.02%	0.02%
	FDX	B	0.14%	0.07%	0.07%
	FFIV	B	0.03%	0.02%	0.02%
	FI	A	0.26%	0.13%	0.13%
	FICO	B	0.12%	0.06%	0.06%
	FIS	C	0.1%	0.05%	0.05%
	FITB	A	0.07%	0.03%	0.03%
	FMC	D	0.02%	0.01%	0.01%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	B	0.02%	0.01%	0.01%
	FRT	B	0.02%	0.01%	0.01%
	FSLR	F	0.04%	0.02%	0.02%
	FTNT	C	0.13%	0.06%	0.06%
	FTV	C	0.06%	0.03%	0.03%
	GDDY	A	0.06%	0.03%	0.03%
	GE	D	0.42%	0.21%	0.21%
	GEHC	F	0.08%	0.04%	0.04%
	GEN	B	0.04%	0.02%	0.02%
	GEV	B	0.2%	0.1%	0.1%
	GILD	C	0.25%	0.12%	0.12%
	GIS	D	0.08%	0.04%	0.04%
	GL	B	0.02%	0.01%	0.01%
	GLW	B	0.08%	0.04%	0.04%
	GM	B	0.14%	0.07%	0.07%
	GNRC	B	0.02%	0.01%	0.01%
	GOOG	C	1.85%	0.92%	0.92%
	GOOGL	C	2.23%	1.11%	1.11%
	GPC	D	0.04%	0.02%	0.02%
	GPN	B	0.06%	0.03%	0.03%
	GRMN	B	0.07%	0.03%	0.03%
	GS	A	0.4%	0.2%	0.2%
	HAL	C	0.06%	0.03%	0.03%
	HAS	D	0.02%	0.01%	0.01%
	HBAN	A	0.05%	0.03%	0.03%
	HCA	F	0.14%	0.07%	0.07%
	HD	A	0.87%	0.43%	0.43%
	HIG	B	0.07%	0.04%	0.04%
	HLT	A	0.13%	0.07%	0.07%
	HOLX	D	0.04%	0.02%	0.02%
	HPE	B	0.06%	0.03%	0.03%
	HPQ	B	0.08%	0.04%	0.04%
	HRL	D	0.02%	0.01%	0.01%
	HSIC	B	0.02%	0.01%	0.01%
	HST	C	0.03%	0.01%	0.01%
	HSY	F	0.06%	0.03%	0.03%
	HUBB	B	0.05%	0.03%	0.03%
	HUM	C	0.07%	0.04%	0.04%
	HWM	A	0.1%	0.05%	0.05%
	ICE	C	0.19%	0.1%	0.1%
	IDXX	F	0.08%	0.04%	0.04%
	IEX	B	0.04%	0.02%	0.02%
	IFF	D	0.05%	0.02%	0.02%
	INCY	C	0.03%	0.01%	0.01%
	INTC	D	0.23%	0.12%	0.12%
	INTU	C	0.43%	0.21%	0.21%
	INVH	D	0.04%	0.02%	0.02%
	IP	B	0.04%	0.02%	0.02%
	IPG	D	0.02%	0.01%	0.01%
	IQV	D	0.08%	0.04%	0.04%
	IR	B	0.09%	0.04%	0.04%
	IRM	D	0.07%	0.04%	0.04%
	ISRG	A	0.41%	0.21%	0.21%
	IT	C	0.09%	0.04%	0.04%
	ITW	B	0.16%	0.08%	0.08%
	IVZ	B	0.02%	0.01%	0.01%
	JBHT	C	0.03%	0.02%	0.02%
	JBL	B	0.03%	0.02%	0.02%
	JCI	C	0.12%	0.06%	0.06%
	JKHY	D	0.03%	0.01%	0.01%
	JNPR	F	0.03%	0.01%	0.01%
	JPM	A	1.49%	0.74%	0.74%
	K	A	0.05%	0.02%	0.02%
	KDP	D	0.08%	0.04%	0.04%
	KEY	B	0.04%	0.02%	0.02%
	KEYS	A	0.06%	0.03%	0.03%
	KHC	F	0.06%	0.03%	0.03%
	KIM	A	0.04%	0.02%	0.02%
	KKR	A	0.22%	0.11%	0.11%
	KLAC	D	0.19%	0.09%	0.09%
	KMB	D	0.1%	0.05%	0.05%
	KMI	A	0.11%	0.06%	0.06%
	KMX	B	0.03%	0.01%	0.01%
	KO	D	0.53%	0.26%	0.26%
	KR	B	0.09%	0.04%	0.04%
	L	A	0.03%	0.02%	0.02%
	LEN	D	0.09%	0.04%	0.04%
	LH	C	0.04%	0.02%	0.02%
	LIN	D	0.47%	0.23%	0.23%
	LKQ	D	0.02%	0.01%	0.01%
	LLY	F	1.35%	0.67%	0.67%
	LOW	D	0.33%	0.17%	0.17%
	LRCX	F	0.21%	0.11%	0.11%
	LULU	C	0.08%	0.04%	0.04%
	LUV	C	0.04%	0.02%	0.02%
	LVS	C	0.04%	0.02%	0.02%
	LW	C	0.03%	0.01%	0.01%
	LYB	F	0.05%	0.02%	0.02%
	LYV	A	0.04%	0.02%	0.02%
	MA	C	0.93%	0.46%	0.46%
	MAA	B	0.04%	0.02%	0.02%
	MAR	B	0.14%	0.07%	0.07%
	MAS	D	0.04%	0.02%	0.02%
	MCD	D	0.47%	0.23%	0.23%
	MCHP	D	0.08%	0.04%	0.04%
	MCK	B	0.17%	0.09%	0.09%
	MCO	B	0.16%	0.08%	0.08%
	MDLZ	F	0.19%	0.09%	0.09%
	MDT	D	0.24%	0.12%	0.12%
	MET	A	0.11%	0.05%	0.05%
	META	D	2.74%	1.36%	1.36%
	MGM	D	0.02%	0.01%	0.01%
	MHK	D	0.02%	0.01%	0.01%
	MKC	D	0.04%	0.02%	0.02%
	MKTX	D	0.02%	0.01%	0.01%
	MLM	B	0.08%	0.04%	0.04%
	MMC	B	0.24%	0.12%	0.12%
	MNST	C	0.09%	0.04%	0.04%
	MOH	F	0.04%	0.02%	0.02%
	MOS	F	0.02%	0.01%	0.01%
	MPC	D	0.11%	0.06%	0.06%
	MPWR	F	0.06%	0.03%	0.03%
	MRK	F	0.54%	0.27%	0.27%
	MRNA	F	0.03%	0.01%	0.01%
	MS	A	0.36%	0.18%	0.18%
	MSCI	C	0.1%	0.05%	0.05%
	MSFT	F	6.89%	3.42%	3.42%
	MSI	B	0.18%	0.09%	0.09%
	MTB	A	0.08%	0.04%	0.04%
	MTCH	D	0.02%	0.01%	0.01%
	MTD	D	0.06%	0.03%	0.03%
	MU	D	0.24%	0.12%	0.12%
	NCLH	B	0.03%	0.01%	0.01%
	NDAQ	A	0.07%	0.03%	0.03%
	NDSN	B	0.03%	0.02%	0.02%
	NEE	D	0.34%	0.17%	0.17%
	NEM	D	0.1%	0.05%	0.05%
	NFLX	A	0.78%	0.39%	0.39%
	NKE	D	0.2%	0.1%	0.1%
	NOW	A	0.46%	0.23%	0.23%
	NSC	B	0.13%	0.06%	0.06%
	NTAP	C	0.05%	0.03%	0.03%
	NTRS	A	0.05%	0.02%	0.02%
	NUE	C	0.08%	0.04%	0.04%
	NVDA	C	7.83%	3.89%	3.89%
	NVR	D	0.06%	0.03%	0.03%
	NWS	B	0.01%	0.0%	0.0%
	NWSA	B	0.02%	0.01%	0.01%
	NXPI	D	0.12%	0.06%	0.06%
	O	D	0.11%	0.05%	0.05%
	ODFL	B	0.09%	0.05%	0.05%
	OKE	A	0.14%	0.07%	0.07%
	OMC	C	0.05%	0.02%	0.02%
	ON	D	0.06%	0.03%	0.03%
	ORCL	B	0.65%	0.32%	0.32%
	ORLY	B	0.16%	0.08%	0.08%
	OTIS	C	0.09%	0.04%	0.04%
	PANW	C	0.28%	0.14%	0.14%
	PARA	C	0.01%	0.01%	0.01%
	PAYC	B	0.02%	0.01%	0.01%
	PAYX	C	0.1%	0.05%	0.05%
	PCAR	B	0.13%	0.07%	0.07%
	PEG	A	0.09%	0.05%	0.05%
	PEP	F	0.49%	0.24%	0.24%
	PFE	D	0.32%	0.16%	0.16%
	PFG	D	0.04%	0.02%	0.02%
	PG	A	0.85%	0.42%	0.42%
	PGR	A	0.33%	0.16%	0.16%
	PH	A	0.19%	0.1%	0.1%
	PHM	D	0.06%	0.03%	0.03%
	PKG	A	0.05%	0.02%	0.02%
	PLD	D	0.23%	0.11%	0.11%
	PNC	B	0.18%	0.09%	0.09%
	PNR	A	0.04%	0.02%	0.02%
	PODD	C	0.04%	0.02%	0.02%
	POOL	C	0.03%	0.01%	0.01%
	PPG	F	0.06%	0.03%	0.03%
	PRU	A	0.1%	0.05%	0.05%
	PSA	D	0.11%	0.06%	0.06%
	PSX	C	0.12%	0.06%	0.06%
	PTC	A	0.05%	0.02%	0.02%
	PWR	A	0.1%	0.05%	0.05%
	PYPL	B	0.19%	0.09%	0.09%
	QCOM	F	0.4%	0.2%	0.2%
	QRVO	F	0.01%	0.01%	0.01%
	RCL	A	0.12%	0.06%	0.06%
	REG	B	0.03%	0.01%	0.01%
	REGN	F	0.18%	0.09%	0.09%
	RF	A	0.05%	0.03%	0.03%
	RJF	A	0.06%	0.03%	0.03%
	RL	B	0.02%	0.01%	0.01%
	RMD	C	0.07%	0.04%	0.04%
	ROK	B	0.07%	0.04%	0.04%
	ROL	B	0.03%	0.02%	0.02%
	ROP	B	0.13%	0.07%	0.07%
	ROST	C	0.1%	0.05%	0.05%
	RSG	A	0.09%	0.05%	0.05%
	RVTY	F	0.03%	0.02%	0.02%
	SBAC	D	0.05%	0.03%	0.03%
	SBUX	A	0.24%	0.12%	0.12%
	SCHW	B	0.26%	0.13%	0.13%
	SHW	A	0.2%	0.1%	0.1%
	SJM	D	0.03%	0.01%	0.01%
	SLB	C	0.13%	0.07%	0.07%
	SMCI	F	0.02%	0.01%	0.01%
	SNA	A	0.04%	0.02%	0.02%
	SNPS	B	0.18%	0.09%	0.09%
	SPG	B	0.12%	0.06%	0.06%
	SPGI	C	0.35%	0.18%	0.18%
	SRE	A	0.12%	0.06%	0.06%
	STE	F	0.05%	0.02%	0.02%
	STLD	B	0.04%	0.02%	0.02%
	STT	A	0.06%	0.03%	0.03%
	STX	D	0.04%	0.02%	0.02%
	STZ	D	0.08%	0.04%	0.04%
	SW	A	0.05%	0.03%	0.03%
	SWK	D	0.03%	0.01%	0.01%
	SWKS	F	0.03%	0.01%	0.01%
	SYF	B	0.06%	0.03%	0.03%
	SYK	C	0.28%	0.14%	0.14%
	SYY	B	0.08%	0.04%	0.04%
	T	A	0.35%	0.17%	0.17%
	TAP	C	0.02%	0.01%	0.01%
	TECH	D	0.03%	0.01%	0.01%
	TER	D	0.04%	0.02%	0.02%
	TFC	A	0.13%	0.07%	0.07%
	TFX	F	0.02%	0.01%	0.01%
	TGT	F	0.15%	0.08%	0.08%
	TJX	A	0.29%	0.15%	0.15%
	TMO	F	0.44%	0.22%	0.22%
	TMUS	B	0.25%	0.13%	0.13%
	TPR	B	0.03%	0.01%	0.01%
	TRGP	B	0.09%	0.05%	0.05%
	TRMB	B	0.04%	0.02%	0.02%
	TROW	B	0.06%	0.03%	0.03%
	TRV	B	0.13%	0.06%	0.06%
	TSCO	D	0.06%	0.03%	0.03%
	TSLA	B	1.87%	0.93%	0.93%
	TSN	B	0.04%	0.02%	0.02%
	TT	A	0.2%	0.1%	0.1%
	TTWO	A	0.06%	0.03%	0.03%
	TXN	C	0.41%	0.2%	0.2%
	TYL	B	0.06%	0.03%	0.03%
	UAL	A	0.07%	0.03%	0.03%
	UBER	D	0.33%	0.16%	0.16%
	UDR	B	0.03%	0.01%	0.01%
	UHS	D	0.03%	0.01%	0.01%
	ULTA	F	0.04%	0.02%	0.02%
	UNH	C	1.19%	0.59%	0.59%
	UNP	C	0.31%	0.15%	0.15%
	UPS	C	0.21%	0.1%	0.1%
	URI	B	0.12%	0.06%	0.06%
	USB	A	0.17%	0.08%	0.08%
	V	A	1.12%	0.56%	0.56%
	VICI	C	0.07%	0.04%	0.04%
	VLO	C	0.1%	0.05%	0.05%
	VLTO	D	0.06%	0.03%	0.03%
	VMC	B	0.08%	0.04%	0.04%
	VRSK	A	0.09%	0.04%	0.04%
	VRSN	F	0.03%	0.02%	0.02%
	VRTX	F	0.27%	0.13%	0.13%
	VTR	C	0.06%	0.03%	0.03%
	VTRS	A	0.03%	0.02%	0.02%
	VZ	C	0.37%	0.19%	0.19%
	WAB	B	0.07%	0.04%	0.04%
	WAT	B	0.05%	0.02%	0.02%
	WBA	F	0.01%	0.01%	0.01%
	WBD	C	0.05%	0.02%	0.02%
	WDC	D	0.04%	0.02%	0.02%
	WELL	A	0.17%	0.08%	0.08%
	WFC	A	0.54%	0.27%	0.27%
	WM	A	0.18%	0.09%	0.09%
	WMB	A	0.15%	0.07%	0.07%
	WRB	A	0.04%	0.02%	0.02%
	WST	C	0.05%	0.03%	0.03%
	WTW	B	0.07%	0.03%	0.03%
	WY	D	0.05%	0.02%	0.02%
	WYNN	D	0.02%	0.01%	0.01%
	XYL	D	0.06%	0.03%	0.03%
	YUM	B	0.08%	0.04%	0.04%
	ZBH	C	0.05%	0.02%	0.02%
	ZBRA	B	0.05%	0.02%	0.02%
	ZTS	D	0.17%	0.09%	0.09%

XVV Overweight 2 Positions Relative to PHDG

	Symbol	Grade	Weight
	TEL	B	0.1%
	COO	D	0.04%

XVV Underweight 58 Positions Relative to PHDG

	Symbol	Grade	Weight
	XOM	B	-0.58%
	WMT	A	-0.4%
	JNJ	D	-0.39%
	CVX	A	-0.3%
	IBM	C	-0.21%
	PM	B	-0.21%
	RTX	C	-0.17%
	HON	B	-0.16%
	COP	C	-0.14%
	PLTR	B	-0.13%
	LMT	D	-0.12%
	BA	F	-0.11%
	MO	A	-0.1%
	SO	D	-0.1%
	DUK	C	-0.09%
	TDG	D	-0.08%
	MMM	D	-0.08%
	GD	F	-0.08%
	EOG	A	-0.08%
	NOC	D	-0.07%
	GWW	B	-0.06%
	PCG	A	-0.05%
	KVUE	A	-0.05%
	LHX	C	-0.05%
	VST	B	-0.05%
	AEP	D	-0.05%
	OXY	D	-0.04%
	FANG	D	-0.04%
	DD	D	-0.04%
	XEL	A	-0.04%
	DELL	C	-0.04%
	HES	B	-0.04%
	AEE	A	-0.03%
	PPL	B	-0.03%
	DVN	F	-0.03%
	DTE	C	-0.03%
	EQT	B	-0.03%
	WEC	A	-0.03%
	EVRG	A	-0.02%
	LNT	A	-0.02%
	EG	C	-0.02%
	TXT	D	-0.02%
	MRO	B	-0.02%
	NI	A	-0.02%
	J	F	-0.02%
	CTRA	B	-0.02%
	NRG	B	-0.02%
	CMS	C	-0.02%
	FE	C	-0.02%
	TDY	B	-0.02%
	LDOS	C	-0.02%
	HII	D	-0.01%
	APA	D	-0.01%
	SOLV	C	-0.01%
	AES	F	-0.01%
	ERIE	D	-0.01%
	PNW	B	-0.01%
	EMN	D	-0.01%

XVV: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Semiconductors Diagnostics & Research Asset Management Banks - Regional - US Capital Markets Medical Instruments & Supplies Packaged Foods Drug Manufacturers - Major Medical Devices Specialty Retail Credit Services Health Care Plans Insurance - Property & Casualty REIT - Residential Specialty Chemicals Household & Personal Products Internet Content & Information

Keywords: S&P 500 Nasdaq 100 Computing Insurance Dow Jones Component Natural Gas Electronics Medicine Real Estate Investment Trust Bank Telecommunications Banking Chemical Semiconductor Transport Aerospace Electricity Insurance Products Investment Bank Disability

PHDG: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Dow Jones Component Electronics Chemical Medicine Real Estate Investment Trust Aerospace Telecommunications Bank Semiconductor Banking Insurance Products Petroleum Industry Transport Investment Bank