GLOF vs. PHEQ ETF Comparison

Comparison of iShares Global Equity Factor ETF (GLOF) to Parametric Hedged Equity ETF (PHEQ)

GLOF

iShares Global Equity Factor ETF

GLOF Description

The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The underlying index is designed to contain equity securities from the MSCI ACWI Index (the parent index) that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the parent index.

Grade (RS Rating)

Last Trade

$44.65

Average Daily Volume

4,366

Number of Holdings ^*

189

* 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	GLOF	PHEQ
30 Days	1.47%	1.99%
60 Days	1.03%	3.02%
90 Days	1.65%	3.86%
12 Months	25.88%	16.61%

82 Overlapping Holdings

Symbol	Grade	Weight in GLOF	Weight in PHEQ	Overlap
AAPL	C	4.28%	6.85%	4.28%
ABBV	D	0.62%	0.85%	0.62%
ABNB	C	0.24%	0.15%	0.15%
ABT	B	0.25%	0.6%	0.25%
ADBE	C	0.19%	0.48%	0.19%
AMGN	D	0.2%	0.45%	0.2%
AMZN	C	2.18%	4.1%	2.18%
AVGO	D	1.19%	1.71%	1.19%
AXP	A	0.21%	0.57%	0.21%
BAC	A	0.22%	0.98%	0.22%
BKNG	A	0.77%	0.39%	0.39%
BLDR	D	0.48%	0.08%	0.08%
BMY	B	0.36%	0.48%	0.36%
BRK.A	B	0.19%	1.42%	0.19%
CAT	B	0.04%	0.55%	0.04%
COST	B	0.51%	1.07%	0.51%
CPNG	D	0.05%	0.03%	0.03%
CRWD	B	0.29%	0.17%	0.17%
CSCO	B	0.24%	0.79%	0.24%
CTAS	B	0.48%	0.42%	0.42%
CVX	A	0.06%	0.84%	0.06%
DE	A	0.08%	0.44%	0.08%
DELL	C	0.34%	0.14%	0.14%
DOX	D	0.04%	0.09%	0.04%
DTE	C	0.09%	0.31%	0.09%
GOOG	C	2.61%	1.9%	1.9%
HD	A	0.7%	1.15%	0.7%
HUBS	A	0.17%	0.14%	0.14%
IBM	C	0.08%	0.56%	0.08%
JNJ	D	0.6%	1.04%	0.6%
JPM	A	0.94%	1.73%	0.94%
KLAC	D	0.3%	0.34%	0.3%
KO	D	0.2%	0.77%	0.2%
LII	A	0.42%	0.25%	0.25%
LIN	D	0.18%	0.67%	0.18%
LLY	F	0.73%	1.39%	0.73%
LOW	D	0.65%	0.57%	0.57%
LRCX	F	0.2%	0.29%	0.2%
LULU	C	0.07%	0.21%	0.07%
LYB	F	0.18%	0.22%	0.18%
MA	C	0.52%	1.14%	0.52%
MDT	D	0.01%	0.51%	0.01%
MELI	D	0.29%	0.25%	0.25%
META	D	1.35%	2.66%	1.35%
MOH	F	0.2%	0.14%	0.14%
MRK	F	0.42%	0.69%	0.42%
MRNA	F	0.03%	0.01%	0.01%
MRO	B	0.14%	0.24%	0.14%
MSFT	F	4.06%	6.55%	4.06%
NDAQ	A	0.06%	0.24%	0.06%
NOW	A	0.37%	0.61%	0.37%
NVDA	C	4.5%	7.12%	4.5%
OKTA	C	0.01%	0.04%	0.01%
ORCL	B	0.4%	0.73%	0.4%
PANW	C	0.33%	0.3%	0.3%
PEP	F	0.61%	0.72%	0.61%
PFG	D	0.1%	0.2%	0.1%
PG	A	0.72%	1.09%	0.72%
PHM	D	0.22%	0.3%	0.22%
QCOM	F	0.35%	0.33%	0.33%
SIRI	C	0.13%	0.03%	0.03%
STLD	B	0.29%	0.11%	0.11%
SYF	B	0.58%	0.27%	0.27%
T	A	0.35%	0.68%	0.35%
TEAM	A	0.57%	0.06%	0.06%
TMO	F	0.34%	0.59%	0.34%
TRV	B	0.16%	0.39%	0.16%
TSLA	B	0.37%	1.91%	0.37%
TXN	C	0.35%	0.59%	0.35%
UBER	D	0.09%	0.29%	0.09%
ULTA	F	0.06%	0.23%	0.06%
UNH	C	0.73%	1.37%	0.73%
UNP	C	0.11%	0.52%	0.11%
URI	B	0.11%	0.24%	0.11%
V	A	0.76%	1.28%	0.76%
VEEV	C	0.01%	0.1%	0.01%
VRTX	F	0.15%	0.36%	0.15%
WFC	A	0.17%	0.67%	0.17%
WMT	A	0.65%	0.96%	0.65%
XOM	B	0.36%	1.4%	0.36%
YUM	B	0.22%	0.33%	0.22%
ZS	C	0.14%	0.08%	0.08%

GLOF Overweight 107 Positions Relative to PHEQ

Symbol	Grade	Weight
FTNT	C	0.65%
FICO	B	0.62%
MCK	B	0.61%
MCD	D	0.53%
AMP	A	0.51%
CDNS	B	0.51%
INTU	C	0.5%
MSI	B	0.49%
TT	A	0.44%
VST	B	0.43%
KR	B	0.42%
AZO	C	0.42%
DOCU	A	0.39%
BBY	D	0.39%
MTD	D	0.37%
FERG	B	0.36%
COF	B	0.35%
MFG	B	0.34%
AMAT	F	0.33%
ORLY	B	0.33%
IT	C	0.33%
MSCI	C	0.32%
HPE	B	0.32%
EBAY	D	0.31%
TGT	F	0.31%
ELV	F	0.3%
ACN	C	0.29%
HPQ	B	0.28%
PM	B	0.27%
GILD	C	0.27%
HOLX	D	0.25%
ALLY	C	0.24%
GWW	B	0.24%
ANET	C	0.23%
MUFG	B	0.22%
SNPS	B	0.22%
MPC	D	0.21%
PFE	D	0.21%
NVR	D	0.2%
DVA	B	0.2%
PSA	D	0.2%
FNF	B	0.2%
NUE	C	0.2%
SPGI	C	0.2%
DFS	B	0.19%
SBUX	A	0.19%
AFL	B	0.18%
ETN	A	0.18%
EMR	A	0.18%
STT	A	0.18%
VLTO	D	0.17%
MAS	D	0.17%
LI	F	0.16%
HUM	C	0.14%
GS	A	0.13%
GEHC	F	0.13%
HSY	F	0.13%
VLO	C	0.13%
COP	C	0.13%
NTAP	C	0.12%
BLK	C	0.12%
EG	C	0.1%
CVS	D	0.1%
CDW	F	0.1%
VZ	C	0.1%
BK	A	0.1%
A	D	0.09%
FOXA	B	0.09%
SMFG	B	0.09%
NKE	D	0.08%
GM	B	0.08%
NWS	B	0.08%
TM	D	0.08%
SPG	B	0.08%
DOW	F	0.08%
IDXX	F	0.07%
CF	B	0.07%
TJX	A	0.06%
CRH	A	0.06%
LINE	F	0.05%
FWONA	B	0.05%
MDLZ	F	0.05%
PAYX	C	0.05%
PH	A	0.05%
CHTR	C	0.05%
FRT	B	0.04%
TSCO	D	0.04%
EA	A	0.04%
MCO	B	0.03%
QRVO	F	0.03%
MTCH	D	0.03%
NI	A	0.03%
REG	B	0.03%
WIT	A	0.02%
STX	D	0.02%
OMC	C	0.02%
CSX	B	0.02%
GL	B	0.02%
VICI	C	0.02%
WY	D	0.02%
BIIB	F	0.02%
MOS	F	0.02%
VRSN	F	0.02%
PCAR	B	0.01%
PLD	D	0.01%
CEG	D	0.01%
DHR	F	0.01%

GLOF Underweight 121 Positions Relative to PHEQ

Symbol	Grade	Weight
GOOGL	C	-2.28%
NFLX	A	-0.8%
CRM	B	-0.63%
LMT	D	-0.58%
ISRG	A	-0.58%
DIS	B	-0.57%
AMD	F	-0.51%
TMUS	B	-0.51%
TRGP	B	-0.46%
KKR	A	-0.46%
WM	A	-0.44%
MMM	D	-0.44%
ETR	B	-0.4%
DAL	C	-0.39%
MS	A	-0.39%
PRU	A	-0.37%
PLTR	B	-0.36%
HWM	A	-0.36%
AVB	B	-0.35%
SCHW	B	-0.35%
PPL	B	-0.34%
K	A	-0.34%
RSG	A	-0.34%
LNT	A	-0.33%
DOV	A	-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%
DRI	B	-0.3%
AEE	A	-0.3%
COR	B	-0.3%
APO	B	-0.3%
DOC	D	-0.29%
CNP	B	-0.28%
AME	A	-0.28%
PYPL	B	-0.28%
MAA	B	-0.27%
CFG	B	-0.26%
MRVL	B	-0.25%
ARES	A	-0.25%
GLW	B	-0.25%
L	A	-0.24%
FE	C	-0.24%
JBHT	C	-0.24%
RMD	C	-0.24%
FANG	D	-0.24%
MKL	A	-0.23%
NEM	D	-0.23%
EXPD	D	-0.23%
LNG	B	-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%
MSTR	C	-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%
IFF	D	-0.16%
AKAM	D	-0.16%
HAL	C	-0.16%
APTV	D	-0.14%
NDSN	B	-0.14%
HEI	B	-0.14%
ZBH	C	-0.14%
ON	D	-0.14%
MGM	D	-0.13%
WDAY	B	-0.13%
DASH	A	-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%
COIN	C	-0.12%
TW	A	-0.11%
IBKR	A	-0.11%
VRT	B	-0.1%
SUI	D	-0.1%
TRU	D	-0.09%
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%
SNAP	C	-0.05%
LPLA	A	-0.05%
CE	F	-0.05%
OWL	A	-0.05%
ILMN	D	-0.05%
WLK	D	-0.04%
BSY	D	-0.04%
RPRX	D	-0.04%
PINS	D	-0.03%
ENPH	F	-0.03%
RKT	F	-0.03%
WSM	B	-0.02%
WMG	C	-0.02%