APUE vs. PHEQ ETF Comparison

Comparison of Trust for Professional Managers ActivePassive U.S. Equity ETF (APUE) to Parametric Hedged Equity ETF (PHEQ)

APUE

Trust for Professional Managers ActivePassive U.S. Equity ETF

APUE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the CRSP U.S. Total Market Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$36.75

Average Daily Volume

85,016

Number of Holdings ^*

293

* 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	APUE	PHEQ
30 Days	3.74%	1.99%
60 Days	4.87%	3.02%
90 Days	6.08%	3.86%
12 Months	33.10%	16.61%

110 Overlapping Holdings

Symbol	Grade	Weight in APUE	Weight in PHEQ	Overlap
AAPL	C	5.79%	6.85%	5.79%
ABBV	D	0.6%	0.85%	0.6%
ABNB	C	0.11%	0.15%	0.11%
ABT	B	0.25%	0.6%	0.25%
ADBE	C	0.47%	0.48%	0.47%
AEE	A	0.1%	0.3%	0.1%
AMD	F	0.45%	0.51%	0.45%
AMGN	D	0.18%	0.45%	0.18%
AMZN	C	3.5%	4.1%	3.5%
APO	B	0.06%	0.3%	0.06%
ARE	D	0.07%	0.21%	0.07%
AVB	B	0.08%	0.35%	0.08%
AVGO	D	1.41%	1.71%	1.41%
AXP	A	0.39%	0.57%	0.39%
BA	F	0.06%	0.32%	0.06%
BAC	A	0.49%	0.98%	0.49%
BMY	B	0.18%	0.48%	0.18%
BRK.A	B	1.84%	1.42%	1.42%
CAT	B	0.29%	0.55%	0.29%
COIN	C	0.15%	0.12%	0.12%
COR	B	0.08%	0.3%	0.08%
COST	B	0.81%	1.07%	0.81%
CRM	B	0.62%	0.63%	0.62%
CRWD	B	0.13%	0.17%	0.13%
CSCO	B	0.38%	0.79%	0.38%
CTAS	B	0.31%	0.42%	0.31%
CVX	A	0.31%	0.84%	0.31%
DAL	C	0.05%	0.39%	0.05%
DASH	A	0.2%	0.13%	0.13%
DE	A	0.15%	0.44%	0.15%
DELL	C	0.05%	0.14%	0.05%
DIS	B	0.44%	0.57%	0.44%
DOV	A	0.14%	0.33%	0.14%
DRI	B	0.08%	0.3%	0.08%
DTE	C	0.02%	0.31%	0.02%
DVN	F	0.06%	0.17%	0.06%
EQR	B	0.3%	0.32%	0.3%
ESS	B	0.15%	0.19%	0.15%
ETR	B	0.3%	0.4%	0.3%
EXR	D	0.07%	0.32%	0.07%
GOOG	C	1.63%	1.9%	1.63%
GOOGL	C	1.98%	2.28%	1.98%
HD	A	0.59%	1.15%	0.59%
HIG	B	0.12%	0.33%	0.12%
HUBB	B	0.04%	0.13%	0.04%
HWM	A	0.16%	0.36%	0.16%
IBKR	A	0.05%	0.11%	0.05%
IBM	C	0.42%	0.56%	0.42%
ISRG	A	0.43%	0.58%	0.43%
JNJ	D	0.89%	1.04%	0.89%
JPM	A	1.5%	1.73%	1.5%
KKR	A	0.21%	0.46%	0.21%
KLAC	D	0.19%	0.34%	0.19%
KMB	D	0.13%	0.33%	0.13%
KO	D	0.42%	0.77%	0.42%
L	A	0.25%	0.24%	0.24%
LIN	D	0.33%	0.67%	0.33%
LLY	F	1.16%	1.39%	1.16%
LMT	D	0.15%	0.58%	0.15%
LNG	B	0.07%	0.22%	0.07%
LOW	D	0.35%	0.57%	0.35%
LRCX	F	0.2%	0.29%	0.2%
MA	C	0.59%	1.14%	0.59%
MDT	D	0.33%	0.51%	0.33%
META	D	2.28%	2.66%	2.28%
MKL	A	0.07%	0.23%	0.07%
MRK	F	0.35%	0.69%	0.35%
MS	A	0.23%	0.39%	0.23%
MSFT	F	5.41%	6.55%	5.41%
MSTR	C	0.03%	0.2%	0.03%
MU	D	0.16%	0.31%	0.16%
NDAQ	A	0.06%	0.24%	0.06%
NEM	D	0.07%	0.23%	0.07%
NFLX	A	0.74%	0.8%	0.74%
NOW	A	0.47%	0.61%	0.47%
NVDA	C	5.97%	7.12%	5.97%
ORCL	B	0.42%	0.73%	0.42%
PANW	C	0.17%	0.3%	0.17%
PEP	F	0.32%	0.72%	0.32%
PFG	D	0.04%	0.2%	0.04%
PG	A	0.99%	1.09%	0.99%
PHM	D	0.29%	0.3%	0.29%
PLTR	B	0.11%	0.36%	0.11%
PPL	B	0.19%	0.34%	0.19%
PYPL	B	0.15%	0.28%	0.15%
QCOM	F	0.48%	0.33%	0.33%
RBLX	C	0.06%	0.12%	0.06%
REGN	F	0.18%	0.21%	0.18%
RKT	F	0.02%	0.03%	0.02%
ROST	C	0.06%	0.32%	0.06%
RSG	A	0.05%	0.34%	0.05%
SQ	B	0.06%	0.12%	0.06%
STLD	B	0.11%	0.11%	0.11%
SYF	B	0.11%	0.27%	0.11%
T	A	0.43%	0.68%	0.43%
TMO	F	0.29%	0.59%	0.29%
TMUS	B	0.41%	0.51%	0.41%
TSLA	B	1.68%	1.91%	1.68%
TW	A	0.07%	0.11%	0.07%
TXN	C	0.29%	0.59%	0.29%
UBER	D	0.29%	0.29%	0.29%
UNH	C	1.04%	1.37%	1.04%
UNP	C	0.38%	0.52%	0.38%
URI	B	0.26%	0.24%	0.24%
V	A	0.64%	1.28%	0.64%
VRTX	F	0.21%	0.36%	0.21%
WFC	A	0.62%	0.67%	0.62%
WMT	A	0.93%	0.96%	0.93%
XOM	B	0.99%	1.4%	0.99%
ZBH	C	0.13%	0.14%	0.13%

APUE Overweight 183 Positions Relative to PHEQ

Symbol	Grade	Weight
DFAS	A	4.83%
ACN	C	0.58%
INTU	C	0.49%
GE	D	0.47%
MO	A	0.47%
SPG	B	0.46%
APH	A	0.43%
AER	B	0.42%
AFL	B	0.41%
DUK	C	0.4%
ETN	A	0.39%
AMAT	F	0.39%
DHR	F	0.39%
VZ	C	0.38%
C	A	0.38%
AWI	A	0.38%
SYK	C	0.38%
CHDN	B	0.38%
BK	A	0.37%
MUSA	A	0.37%
WTM	A	0.37%
PH	A	0.33%
FI	A	0.33%
TJX	A	0.32%
GS	A	0.32%
ENTG	D	0.31%
DECK	A	0.31%
PCAR	B	0.31%
HCA	F	0.31%
HON	B	0.3%
COF	B	0.3%
BLK	C	0.3%
BR	A	0.29%
ADI	D	0.29%
MDLZ	F	0.28%
BSX	B	0.28%
SNA	A	0.27%
POST	C	0.27%
LANC	C	0.27%
GWW	B	0.27%
AXTA	A	0.27%
CMCSA	B	0.27%
SHW	A	0.27%
PGR	A	0.26%
ZBRA	B	0.26%
SPGI	C	0.26%
WAT	B	0.26%
VICI	C	0.25%
THG	A	0.25%
BX	A	0.25%
LW	C	0.25%
PM	B	0.25%
PFE	D	0.25%
MAS	D	0.24%
COP	C	0.24%
ANET	C	0.24%
MCD	D	0.23%
JKHY	D	0.23%
NEU	C	0.23%
CACC	D	0.23%
CWST	A	0.22%
GM	B	0.22%
AEP	D	0.22%
AMT	D	0.22%
QLYS	C	0.22%
DHI	D	0.22%
SO	D	0.22%
RTX	C	0.21%
LEN	D	0.2%
NEE	D	0.2%
TTC	D	0.19%
ESI	A	0.19%
WAB	B	0.18%
FR	C	0.18%
PLD	D	0.18%
FDX	B	0.18%
NI	A	0.18%
ROP	B	0.17%
ADP	B	0.17%
TT	A	0.17%
CBOE	B	0.17%
CCL	B	0.16%
EVRG	A	0.16%
GILD	C	0.16%
IRM	D	0.16%
IP	B	0.16%
GDDY	A	0.16%
FCX	D	0.16%
TGT	F	0.16%
REYN	D	0.15%
ED	D	0.15%
ICE	C	0.15%
GRMN	B	0.15%
TXT	D	0.15%
TREX	C	0.15%
CARR	D	0.15%
LEN	D	0.15%
WY	D	0.14%
UNF	B	0.14%
FOX	A	0.14%
MTN	C	0.14%
AIG	B	0.14%
GEV	B	0.14%
PEG	A	0.14%
DGX	A	0.13%
FOXA	B	0.13%
EMR	A	0.13%
BALL	D	0.13%
WELL	A	0.13%
BRKR	D	0.13%
MPC	D	0.13%
FNF	B	0.13%
ECL	D	0.12%
PCG	A	0.12%
CMG	B	0.12%
HOLX	D	0.12%
CEG	D	0.11%
PWR	A	0.11%
CPRT	A	0.11%
EOG	A	0.11%
MCK	B	0.11%
CMI	A	0.11%
CAH	B	0.1%
CL	D	0.1%
UPS	C	0.1%
SNPS	B	0.1%
SWKS	F	0.1%
DD	D	0.1%
CNNE	B	0.09%
ZTS	D	0.09%
A	D	0.09%
EFX	F	0.09%
APD	A	0.09%
STT	A	0.09%
CABO	C	0.09%
KR	B	0.09%
RCL	A	0.08%
DLR	B	0.08%
ALL	A	0.08%
CCI	D	0.08%
AON	A	0.08%
ROK	B	0.08%
KVUE	A	0.07%
CRBG	B	0.07%
PKG	A	0.07%
CBRE	B	0.07%
BEN	C	0.07%
CTSH	B	0.07%
KHC	F	0.07%
CB	C	0.06%
CTVA	C	0.06%
GD	F	0.06%
ACGL	D	0.06%
MPWR	F	0.06%
CSGP	D	0.06%
VLO	C	0.06%
CVNA	B	0.05%
CVS	D	0.05%
NTAP	C	0.05%
GPN	B	0.05%
GEN	B	0.05%
CI	F	0.05%
SLB	C	0.05%
IR	B	0.05%
PSX	C	0.05%
EW	C	0.05%
NWS	B	0.05%
FSLR	F	0.04%
NUE	C	0.04%
EG	C	0.04%
CTRA	B	0.04%
ELV	F	0.04%
MNST	C	0.04%
J	F	0.04%
VLTO	D	0.03%
ADM	D	0.03%
CNC	D	0.03%
UAL	A	0.03%
SMCI	F	0.02%
DLTR	F	0.02%
WPC	D	0.02%
GIS	D	0.01%
HST	C	0.0%

APUE Underweight 93 Positions Relative to PHEQ

Symbol	Grade	Weight
TRGP	B	-0.46%
WM	A	-0.44%
MMM	D	-0.44%
TRV	B	-0.39%
BKNG	A	-0.39%
PRU	A	-0.37%
SCHW	B	-0.35%
K	A	-0.34%
LNT	A	-0.33%
YUM	B	-0.33%
OTIS	C	-0.33%
LH	C	-0.31%
CMS	C	-0.31%
BRO	B	-0.31%
HBAN	A	-0.31%
DOC	D	-0.29%
CNP	B	-0.28%
AME	A	-0.28%
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%
FE	C	-0.24%
JBHT	C	-0.24%
RMD	C	-0.24%
FANG	D	-0.24%
ULTA	F	-0.23%
EXPD	D	-0.23%
LYB	F	-0.22%
HEI	B	-0.22%
WRB	A	-0.21%
SSNC	B	-0.21%
AMCR	D	-0.21%
LULU	C	-0.21%
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%
IFF	D	-0.16%
AKAM	D	-0.16%
HAL	C	-0.16%
MOH	F	-0.14%
APTV	D	-0.14%
NDSN	B	-0.14%
HEI	B	-0.14%
ON	D	-0.14%
HUBS	A	-0.14%
MGM	D	-0.13%
WDAY	B	-0.13%
DDOG	A	-0.13%
ALNY	D	-0.13%
FCNCA	A	-0.13%
BAH	F	-0.12%
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%
NET	B	-0.07%
SCCO	F	-0.07%
AGR	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%
CE	F	-0.05%
OWL	A	-0.05%
ILMN	D	-0.05%
OKTA	C	-0.04%
WLK	D	-0.04%
BSY	D	-0.04%
RPRX	D	-0.04%
CPNG	D	-0.03%
PINS	D	-0.03%
SIRI	C	-0.03%
ENPH	F	-0.03%
WSM	B	-0.02%
WMG	C	-0.02%
MRNA	F	-0.01%