ANEW vs. PHEQ ETF Comparison

Comparison of ProShares MSCI Transformational Changes ETF (ANEW) to Parametric Hedged Equity ETF (PHEQ)

ANEW

ProShares MSCI Transformational Changes ETF

ANEW Description

The investment seeks investment results, before fees and expenses, that track the performance of the MSCI Global Transformational Changes Index (the index). The fund seeks to invest substantially all of its assets in the securities included in the index. The index selects companies which may benefit from transformational changes in how people work, take care of their health, and consume and connect (Transformational Changes) - changes accelerated by COVID-19.

Grade (RS Rating)

Last Trade

$46.14

Average Daily Volume

355

Number of Holdings ^*

124

* 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	ANEW	PHEQ
30 Days	2.32%	1.99%
60 Days	4.03%	3.02%
90 Days	5.72%	3.86%
12 Months	28.14%	16.61%

40 Overlapping Holdings

Symbol	Grade	Weight in ANEW	Weight in PHEQ	Overlap
AAPL	C	2.23%	6.85%	2.23%
ABBV	D	1.92%	0.85%	0.85%
ABT	B	2.11%	0.6%	0.6%
ADBE	C	1.94%	0.48%	0.48%
AKAM	D	0.17%	0.16%	0.16%
AMD	F	0.34%	0.51%	0.34%
AMZN	C	2.07%	4.1%	2.07%
AVGO	D	1.54%	1.71%	1.54%
BKNG	A	2.39%	0.39%	0.39%
COIN	C	0.25%	0.12%	0.12%
CRM	B	0.33%	0.63%	0.33%
CRWD	B	0.18%	0.17%	0.17%
CSCO	B	0.64%	0.79%	0.64%
DASH	A	2.87%	0.13%	0.13%
DE	A	1.97%	0.44%	0.44%
DKNG	B	0.54%	0.07%	0.07%
GOOGL	C	1.67%	2.28%	1.67%
IFF	D	1.7%	0.16%	0.16%
ILMN	D	0.35%	0.05%	0.05%
ISRG	A	2.51%	0.58%	0.58%
MA	C	0.91%	1.14%	0.91%
META	D	2.27%	2.66%	2.27%
MRK	F	1.39%	0.69%	0.69%
MRNA	F	0.2%	0.01%	0.01%
MSFT	F	1.81%	6.55%	1.81%
MSTR	C	0.52%	0.2%	0.2%
NET	B	0.23%	0.07%	0.07%
NFLX	A	2.53%	0.8%	0.8%
NOW	A	0.26%	0.61%	0.26%
NVDA	C	2.87%	7.12%	2.87%
OKTA	C	0.13%	0.04%	0.04%
ORCL	B	0.62%	0.73%	0.62%
PANW	C	0.27%	0.3%	0.27%
PINS	D	0.37%	0.03%	0.03%
PYPL	B	0.24%	0.28%	0.24%
QCOM	F	0.52%	0.33%	0.33%
RMD	C	0.6%	0.24%	0.24%
SNAP	C	0.36%	0.05%	0.05%
V	A	1.04%	1.28%	1.04%
WDAY	B	0.18%	0.13%	0.13%

ANEW Overweight 84 Positions Relative to PHEQ

Symbol	Grade	Weight
BSX	B	2.24%
CTVA	C	1.94%
MKC	D	1.94%
BABA	D	1.86%
DHR	F	1.64%
SFM	A	1.22%
BDX	F	1.09%
CNH	C	0.99%
FMC	D	0.96%
SE	B	0.83%
AGCO	D	0.79%
AMAT	F	0.78%
EW	C	0.71%
EA	A	0.69%
TTWO	A	0.65%
EBAY	D	0.62%
TCOM	B	0.6%
ANSS	B	0.56%
OMC	C	0.55%
ZD	C	0.53%
SMPL	B	0.5%
DXCM	D	0.49%
NEOG	F	0.41%
SMG	D	0.4%
WST	C	0.39%
SXT	B	0.37%
DOCS	C	0.35%
NTRA	B	0.33%
HOOD	B	0.31%
DGX	A	0.3%
CVLT	B	0.28%
QTWO	A	0.28%
PRCT	B	0.26%
GMED	A	0.25%
FFIV	B	0.25%
GH	B	0.25%
INSP	D	0.24%
SMAR	A	0.24%
CCOI	B	0.24%
CYBR	B	0.23%
DOCU	A	0.23%
SMTC	B	0.22%
AI	B	0.22%
BOX	B	0.22%
RARE	D	0.22%
ALTR	B	0.21%
EQIX	A	0.21%
KTOS	B	0.21%
CHKP	D	0.21%
GEN	B	0.21%
HPE	B	0.21%
NTAP	C	0.2%
NOVT	D	0.2%
HSIC	B	0.2%
BL	B	0.2%
PCTY	B	0.2%
DBX	B	0.2%
VRNS	D	0.2%
RIOT	C	0.2%
BLKB	B	0.19%
MARA	C	0.19%
DT	C	0.19%
PCOR	B	0.18%
QGEN	D	0.18%
TWST	D	0.18%
TECH	D	0.18%
JNPR	F	0.18%
TENB	C	0.17%
NTNX	A	0.17%
CRSP	D	0.17%
ENOV	C	0.17%
MEDP	D	0.16%
IRDM	D	0.16%
EEFT	B	0.16%
CLSK	C	0.14%
SYNA	C	0.14%
SLAB	D	0.14%
NXPI	D	0.14%
CGNX	C	0.14%
FIVN	C	0.13%
ACHC	F	0.12%
TNDM	F	0.12%
IDYA	F	0.12%
TMDX	F	0.11%

ANEW Underweight 163 Positions Relative to PHEQ

Symbol	Grade	Weight
TSLA	B	-1.91%
GOOG	C	-1.9%
JPM	A	-1.73%
BRK.A	B	-1.42%
XOM	B	-1.4%
LLY	F	-1.39%
UNH	C	-1.37%
HD	A	-1.15%
PG	A	-1.09%
COST	B	-1.07%
JNJ	D	-1.04%
BAC	A	-0.98%
WMT	A	-0.96%
CVX	A	-0.84%
KO	D	-0.77%
PEP	F	-0.72%
T	A	-0.68%
WFC	A	-0.67%
LIN	D	-0.67%
TMO	F	-0.59%
TXN	C	-0.59%
LMT	D	-0.58%
DIS	B	-0.57%
LOW	D	-0.57%
AXP	A	-0.57%
IBM	C	-0.56%
CAT	B	-0.55%
UNP	C	-0.52%
MDT	D	-0.51%
TMUS	B	-0.51%
BMY	B	-0.48%
TRGP	B	-0.46%
KKR	A	-0.46%
AMGN	D	-0.45%
WM	A	-0.44%
MMM	D	-0.44%
CTAS	B	-0.42%
ETR	B	-0.4%
TRV	B	-0.39%
DAL	C	-0.39%
MS	A	-0.39%
PRU	A	-0.37%
PLTR	B	-0.36%
VRTX	F	-0.36%
HWM	A	-0.36%
AVB	B	-0.35%
SCHW	B	-0.35%
PPL	B	-0.34%
KLAC	D	-0.34%
K	A	-0.34%
RSG	A	-0.34%
LNT	A	-0.33%
DOV	A	-0.33%
YUM	B	-0.33%
KMB	D	-0.33%
OTIS	C	-0.33%
HIG	B	-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%
CMS	C	-0.31%
BRO	B	-0.31%
HBAN	A	-0.31%
DTE	C	-0.31%
DRI	B	-0.3%
AEE	A	-0.3%
COR	B	-0.3%
PHM	D	-0.3%
APO	B	-0.3%
UBER	D	-0.29%
DOC	D	-0.29%
LRCX	F	-0.29%
CNP	B	-0.28%
AME	A	-0.28%
SYF	B	-0.27%
MAA	B	-0.27%
CFG	B	-0.26%
MRVL	B	-0.25%
MELI	D	-0.25%
LII	A	-0.25%
ARES	A	-0.25%
GLW	B	-0.25%
MRO	B	-0.24%
L	A	-0.24%
FE	C	-0.24%
NDAQ	A	-0.24%
URI	B	-0.24%
JBHT	C	-0.24%
FANG	D	-0.24%
MKL	A	-0.23%
NEM	D	-0.23%
ULTA	F	-0.23%
EXPD	D	-0.23%
LNG	B	-0.22%
LYB	F	-0.22%
HEI	B	-0.22%
WRB	A	-0.21%
SSNC	B	-0.21%
REGN	F	-0.21%
ARE	D	-0.21%
AMCR	D	-0.21%
LULU	C	-0.21%
PFG	D	-0.2%
ESS	B	-0.19%
SPOT	B	-0.19%
TTD	B	-0.18%
ZM	B	-0.18%
PPG	F	-0.18%
WBD	C	-0.18%
CPB	D	-0.18%
CSL	C	-0.18%
CAG	D	-0.17%
DVN	F	-0.17%
HAL	C	-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%
HUBB	B	-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%
TW	A	-0.11%
STLD	B	-0.11%
IBKR	A	-0.11%
VRT	B	-0.1%
VEEV	C	-0.1%
SUI	D	-0.1%
DOX	D	-0.09%
TRU	D	-0.09%
BLDR	D	-0.08%
ZS	C	-0.08%
SCCO	F	-0.07%
AGR	B	-0.07%
YUMC	C	-0.07%
SNOW	C	-0.06%
ALGN	D	-0.06%
AVTR	F	-0.06%
TEAM	A	-0.06%
LPLA	A	-0.05%
CE	F	-0.05%
OWL	A	-0.05%
WLK	D	-0.04%
BSY	D	-0.04%
RPRX	D	-0.04%
CPNG	D	-0.03%
SIRI	C	-0.03%
ENPH	F	-0.03%
RKT	F	-0.03%
WSM	B	-0.02%
WMG	C	-0.02%