BTHM vs. PHEQ ETF Comparison

Comparison of BlackRock Future U.S. Themes ETF (BTHM) to Parametric Hedged Equity ETF (PHEQ)

BTHM

BlackRock Future U.S. Themes ETF

BTHM Description

BlackRock Future U.S. Themes ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in growth stocks of companies across diversified market capitalization. The fund seeks to benchmark the performance of its portfolio against the S&P 500 Index. The fund employs proprietary research to create its portfolio. BlackRock Future U.S. Themes ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.12

Average Daily Volume

1,481

Number of Holdings ^*

149

* 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	BTHM	PHEQ
30 Days	7.97%	1.99%
60 Days	9.77%	3.02%
90 Days	4.47%	3.86%
12 Months	40.34%	16.61%

40 Overlapping Holdings

Symbol	Grade	Weight in BTHM	Weight in PHEQ	Overlap
AAPL	C	4.98%	6.85%	4.98%
ADBE	C	0.02%	0.48%	0.02%
AMD	F	0.22%	0.51%	0.22%
AMZN	C	3.58%	4.1%	3.58%
AVGO	D	1.67%	1.71%	1.67%
BAH	F	0.48%	0.12%	0.12%
BRK.A	B	2.32%	1.42%	1.42%
BRO	B	0.04%	0.31%	0.04%
CAT	B	0.59%	0.55%	0.55%
COST	B	2.72%	1.07%	1.07%
CSCO	B	0.67%	0.79%	0.67%
CTAS	B	0.07%	0.42%	0.07%
FANG	D	0.05%	0.24%	0.05%
GOOG	C	1.12%	1.9%	1.12%
GOOGL	C	1.14%	2.28%	1.14%
HUBB	B	0.24%	0.13%	0.13%
HWM	A	0.27%	0.36%	0.27%
KLAC	D	0.06%	0.34%	0.06%
LII	A	0.57%	0.25%	0.25%
LIN	D	0.67%	0.67%	0.67%
LOW	D	1.56%	0.57%	0.57%
LRCX	F	0.32%	0.29%	0.29%
META	D	2.19%	2.66%	2.19%
MSFT	F	6.58%	6.55%	6.55%
NFLX	A	0.41%	0.8%	0.41%
NVDA	C	8.88%	7.12%	7.12%
ORCL	B	0.63%	0.73%	0.63%
OTIS	C	0.08%	0.33%	0.08%
PG	A	2.2%	1.09%	1.09%
PHM	D	0.27%	0.3%	0.27%
QCOM	F	0.43%	0.33%	0.33%
ROST	C	2.57%	0.32%	0.32%
RSG	A	0.57%	0.34%	0.34%
SPOT	B	0.25%	0.19%	0.19%
SSNC	B	0.78%	0.21%	0.21%
TRGP	B	0.77%	0.46%	0.46%
TXN	C	0.99%	0.59%	0.59%
WM	A	0.08%	0.44%	0.08%
WMT	A	1.84%	0.96%	0.96%
WSM	B	0.16%	0.02%	0.02%

BTHM Overweight 109 Positions Relative to PHEQ

Symbol	Grade	Weight
TJX	A	3.01%
GE	D	2.41%
PPC	C	2.22%
APH	A	2.14%
BSX	B	1.93%
CHKP	D	1.54%
CL	D	1.51%
CDNS	B	1.4%
TT	A	1.18%
PSTG	D	1.14%
EME	C	1.06%
MLI	C	0.69%
CVLT	B	0.69%
SNPS	B	0.68%
WCN	A	0.63%
GDDY	A	0.62%
ACN	C	0.61%
DTM	B	0.6%
DECK	A	0.6%
FI	A	0.6%
IR	B	0.58%
VMC	B	0.57%
MTZ	B	0.57%
ADI	D	0.51%
DY	D	0.51%
MSI	B	0.51%
SYK	C	0.51%
GGG	B	0.49%
BMI	B	0.49%
PTC	A	0.46%
CPRT	A	0.45%
FIX	A	0.44%
CLH	B	0.43%
LECO	B	0.43%
ITT	A	0.43%
DDS	B	0.41%
ATR	B	0.37%
MMC	B	0.37%
JBL	B	0.37%
ANF	C	0.37%
DKS	C	0.37%
SFM	A	0.36%
BOX	B	0.35%
GWW	B	0.34%
AMAT	F	0.34%
PWR	A	0.33%
HLT	A	0.32%
LNW	D	0.31%
FFIV	B	0.3%
TMHC	B	0.29%
NTAP	C	0.28%
GRMN	B	0.27%
SNX	C	0.27%
ADP	B	0.27%
FLR	B	0.26%
MAR	B	0.24%
KR	B	0.24%
AXS	A	0.24%
MCK	B	0.24%
NOC	D	0.23%
FAST	B	0.23%
MLM	B	0.23%
AXON	A	0.22%
HESM	B	0.21%
CRUS	D	0.21%
AFL	B	0.21%
UFPI	B	0.2%
CRS	A	0.2%
SM	B	0.19%
VRSK	A	0.18%
OC	A	0.18%
ORLY	B	0.18%
MUSA	A	0.17%
EHC	B	0.17%
ACM	A	0.16%
CACI	D	0.16%
AZO	C	0.15%
VLTO	D	0.14%
SEIC	B	0.13%
LKQ	D	0.13%
BKR	B	0.13%
NRG	B	0.12%
AMG	B	0.12%
ESNT	D	0.12%
VOYA	B	0.12%
TENB	C	0.12%
ECL	D	0.11%
PAG	B	0.11%
AIT	A	0.11%
EXP	A	0.1%
TDW	F	0.1%
GAP	C	0.09%
ALSN	B	0.09%
CHD	B	0.06%
ZETA	D	0.05%
JHG	A	0.04%
GWRE	A	0.04%
NXPI	D	0.04%
SKX	D	0.04%
AWI	A	0.04%
SSD	D	0.03%
GPC	D	0.03%
LPX	B	0.03%
OLED	D	0.03%
RS	B	0.02%
CAH	B	0.02%
MTSI	B	0.02%
KLG	C	0.01%
CDW	F	0.01%

BTHM Underweight 163 Positions Relative to PHEQ

Symbol	Grade	Weight
TSLA	B	-1.91%
JPM	A	-1.73%
XOM	B	-1.4%
LLY	F	-1.39%
UNH	C	-1.37%
V	A	-1.28%
HD	A	-1.15%
MA	C	-1.14%
JNJ	D	-1.04%
BAC	A	-0.98%
ABBV	D	-0.85%
CVX	A	-0.84%
KO	D	-0.77%
PEP	F	-0.72%
MRK	F	-0.69%
T	A	-0.68%
WFC	A	-0.67%
CRM	B	-0.63%
NOW	A	-0.61%
ABT	B	-0.6%
TMO	F	-0.59%
LMT	D	-0.58%
ISRG	A	-0.58%
DIS	B	-0.57%
AXP	A	-0.57%
IBM	C	-0.56%
UNP	C	-0.52%
MDT	D	-0.51%
TMUS	B	-0.51%
BMY	B	-0.48%
KKR	A	-0.46%
AMGN	D	-0.45%
DE	A	-0.44%
MMM	D	-0.44%
ETR	B	-0.4%
TRV	B	-0.39%
DAL	C	-0.39%
MS	A	-0.39%
BKNG	A	-0.39%
PRU	A	-0.37%
PLTR	B	-0.36%
VRTX	F	-0.36%
AVB	B	-0.35%
SCHW	B	-0.35%
PPL	B	-0.34%
K	A	-0.34%
LNT	A	-0.33%
DOV	A	-0.33%
YUM	B	-0.33%
KMB	D	-0.33%
HIG	B	-0.33%
EQR	B	-0.32%
EXR	D	-0.32%
BA	F	-0.32%
MU	D	-0.31%
LH	C	-0.31%
CMS	C	-0.31%
HBAN	A	-0.31%
DTE	C	-0.31%
PANW	C	-0.3%
DRI	B	-0.3%
AEE	A	-0.3%
COR	B	-0.3%
APO	B	-0.3%
UBER	D	-0.29%
DOC	D	-0.29%
CNP	B	-0.28%
AME	A	-0.28%
PYPL	B	-0.28%
SYF	B	-0.27%
MAA	B	-0.27%
CFG	B	-0.26%
MRVL	B	-0.25%
MELI	D	-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%
RMD	C	-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%
REGN	F	-0.21%
ARE	D	-0.21%
AMCR	D	-0.21%
LULU	C	-0.21%
PFG	D	-0.2%
MSTR	C	-0.2%
ESS	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%
CRWD	B	-0.17%
CAG	D	-0.17%
DVN	F	-0.17%
IFF	D	-0.16%
AKAM	D	-0.16%
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%
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%
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%
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%
RKT	F	-0.03%
WMG	C	-0.02%
MRNA	F	-0.01%