IMCB vs. PHEQ ETF Comparison

Comparison of iShares Morningstar Mid-Cap ETF (IMCB) to Parametric Hedged Equity ETF (PHEQ)

IMCB

iShares Morningstar Mid-Cap ETF

IMCB Description

IMCB is a passively-managed portfolio that offers exposure to a blend of growth and value stocks in the US mid-cap space. Stocks are selected based on Morningstars index methodology that uses fundamental factors. This methodology identifies growth securities as those with relatively above-average historical and forecasted earnings, sales, equity, and cash flow growth, while value securities as those with relatively low valuations based on price-to-book ratios, price-to-earnings ratios and other factors. The underlying index is reconstituted twice annually and rebalanced quarterly. Prior to March 19, 2021, the fund tracked the Morningstar US Mid Core Index under the ticker JKG.

Grade (RS Rating)

Last Trade

$81.50

Average Daily Volume

28,342

Number of Holdings ^*

447

* 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	IMCB	PHEQ
30 Days	6.60%	1.99%
60 Days	7.43%	3.02%
90 Days	9.78%	3.86%
12 Months	32.75%	16.61%

121 Overlapping Holdings

Symbol	Grade	Weight in IMCB	Weight in PHEQ	Overlap
AEE	A	0.21%	0.3%	0.21%
AGR	B	0.02%	0.07%	0.02%
AKAM	D	0.12%	0.16%	0.12%
ALGN	D	0.15%	0.06%	0.06%
ALNY	D	0.28%	0.13%	0.13%
AMCR	D	0.13%	0.21%	0.13%
AME	A	0.39%	0.28%	0.28%
APTV	D	0.11%	0.14%	0.11%
ARE	D	0.15%	0.21%	0.15%
ARES	A	0.28%	0.25%	0.25%
AVB	B	0.28%	0.35%	0.28%
AVTR	F	0.13%	0.06%	0.06%
BAH	F	0.17%	0.12%	0.12%
BLDR	D	0.19%	0.08%	0.08%
BRO	B	0.24%	0.31%	0.24%
BSY	D	0.06%	0.04%	0.04%
CAG	D	0.12%	0.17%	0.12%
CE	F	0.07%	0.05%	0.05%
CFG	B	0.19%	0.26%	0.19%
CMS	C	0.18%	0.31%	0.18%
CNP	B	0.17%	0.28%	0.17%
COIN	C	0.48%	0.12%	0.12%
COR	B	0.37%	0.3%	0.3%
CPB	D	0.08%	0.18%	0.08%
CPNG	D	0.27%	0.03%	0.03%
CSL	C	0.18%	0.18%	0.18%
DAL	C	0.37%	0.39%	0.37%
DASH	A	0.47%	0.13%	0.13%
DDOG	A	0.34%	0.13%	0.13%
DELL	C	0.31%	0.14%	0.14%
DKNG	B	0.17%	0.07%	0.07%
DOC	D	0.13%	0.29%	0.13%
DOV	A	0.24%	0.33%	0.24%
DRI	B	0.18%	0.3%	0.18%
DTE	C	0.22%	0.31%	0.22%
DVN	F	0.22%	0.17%	0.17%
ENPH	F	0.08%	0.03%	0.03%
EQR	B	0.22%	0.32%	0.22%
ESS	B	0.17%	0.19%	0.17%
ETR	B	0.27%	0.4%	0.27%
EXPD	D	0.15%	0.23%	0.15%
EXR	D	0.3%	0.32%	0.3%
FANG	D	0.28%	0.24%	0.24%
FCNCA	A	0.24%	0.13%	0.13%
FE	C	0.18%	0.24%	0.18%
GLW	B	0.32%	0.25%	0.25%
HAL	C	0.23%	0.16%	0.16%
HBAN	A	0.22%	0.31%	0.22%
HEI	B	0.1%	0.22%	0.1%
HEI	B	0.1%	0.14%	0.1%
HEI	B	0.15%	0.22%	0.15%
HEI	B	0.15%	0.14%	0.14%
HIG	B	0.3%	0.33%	0.3%
HUBB	B	0.21%	0.13%	0.13%
HUBS	A	0.31%	0.14%	0.14%
HWM	A	0.41%	0.36%	0.36%
IBKR	A	0.17%	0.11%	0.11%
IFF	D	0.2%	0.16%	0.16%
ILMN	D	0.2%	0.05%	0.05%
JBHT	C	0.14%	0.24%	0.14%
K	A	0.19%	0.34%	0.19%
KMB	D	0.39%	0.33%	0.33%
L	A	0.14%	0.24%	0.14%
LH	C	0.18%	0.31%	0.18%
LII	A	0.17%	0.25%	0.17%
LNG	B	0.42%	0.22%	0.22%
LNT	A	0.13%	0.33%	0.13%
LPLA	A	0.21%	0.05%	0.05%
LULU	C	0.32%	0.21%	0.21%
LYB	F	0.19%	0.22%	0.19%
MAA	B	0.16%	0.27%	0.16%
MGM	D	0.08%	0.13%	0.08%
MKL	A	0.19%	0.23%	0.19%
MOH	F	0.16%	0.14%	0.14%
MRNA	F	0.12%	0.01%	0.01%
MRO	B	0.14%	0.24%	0.14%
MSTR	C	0.5%	0.2%	0.2%
NDAQ	A	0.27%	0.24%	0.24%
NDSN	B	0.12%	0.14%	0.12%
NEM	D	0.41%	0.23%	0.23%
NET	B	0.24%	0.07%	0.07%
OKTA	C	0.11%	0.04%	0.04%
ON	D	0.25%	0.14%	0.14%
OTIS	C	0.36%	0.33%	0.33%
PFG	D	0.18%	0.2%	0.18%
PHM	D	0.24%	0.3%	0.24%
PINS	D	0.15%	0.03%	0.03%
PLTR	B	1.04%	0.36%	0.36%
PPG	F	0.26%	0.18%	0.18%
PPL	B	0.22%	0.34%	0.22%
PRU	A	0.4%	0.37%	0.37%
RBLX	C	0.24%	0.12%	0.12%
RMD	C	0.3%	0.24%	0.24%
ROST	C	0.41%	0.32%	0.32%
RPRX	D	0.09%	0.04%	0.04%
SIRI	C	0.06%	0.03%	0.03%
SNAP	C	0.1%	0.05%	0.05%
SQ	B	0.41%	0.12%	0.12%
SSNC	B	0.14%	0.21%	0.14%
STLD	B	0.18%	0.11%	0.11%
SUI	D	0.14%	0.1%	0.1%
SYF	B	0.23%	0.27%	0.23%
TEAM	A	0.35%	0.06%	0.06%
TRGP	B	0.37%	0.46%	0.37%
TRU	D	0.17%	0.09%	0.09%
TRV	B	0.52%	0.39%	0.39%
TTD	B	0.49%	0.18%	0.18%
TW	A	0.13%	0.11%	0.11%
ULTA	F	0.16%	0.23%	0.16%
URI	B	0.5%	0.24%	0.24%
VEEV	C	0.3%	0.1%	0.1%
VRT	B	0.39%	0.1%	0.1%
WBD	C	0.19%	0.18%	0.18%
WDAY	B	0.51%	0.13%	0.13%
WLK	D	0.04%	0.04%	0.04%
WRB	A	0.16%	0.21%	0.16%
WSM	B	0.14%	0.02%	0.02%
YUM	B	0.34%	0.33%	0.33%
ZBH	C	0.2%	0.14%	0.14%
ZM	B	0.17%	0.18%	0.17%
ZS	C	0.17%	0.08%	0.08%

IMCB Overweight 328 Positions Relative to PHEQ

Symbol	Grade	Weight
GEV	B	0.79%
COF	B	0.61%
WMB	A	0.59%
ADSK	A	0.58%
GM	B	0.57%
OKE	A	0.55%
CARR	D	0.55%
HLT	A	0.54%
FTNT	C	0.54%
TFC	A	0.54%
NSC	B	0.53%
APP	B	0.52%
PCAR	B	0.52%
DLR	B	0.51%
JCI	C	0.5%
SRE	A	0.5%
FICO	B	0.5%
BK	A	0.5%
AFL	B	0.49%
AMP	A	0.49%
SPG	B	0.48%
RCL	A	0.48%
AZO	C	0.47%
GWW	B	0.46%
PSA	D	0.46%
KMI	A	0.46%
ALL	A	0.45%
CMI	A	0.44%
FIS	C	0.44%
AEP	D	0.44%
CPRT	A	0.44%
DHI	D	0.43%
O	D	0.43%
AIG	B	0.43%
PWR	A	0.42%
PAYX	C	0.42%
MSCI	C	0.42%
TEL	B	0.41%
LHX	C	0.41%
FAST	B	0.41%
D	C	0.41%
VST	B	0.4%
CCI	D	0.39%
VLO	C	0.39%
PCG	A	0.39%
AXON	A	0.38%
PEG	A	0.38%
DFS	B	0.38%
BKR	B	0.38%
F	C	0.38%
IR	B	0.37%
ODFL	B	0.37%
HES	B	0.36%
CTSH	B	0.36%
VRSK	A	0.36%
KVUE	A	0.36%
IT	C	0.36%
FERG	B	0.36%
STZ	D	0.35%
EW	C	0.35%
KR	B	0.35%
CTVA	C	0.35%
EA	A	0.35%
LEN	D	0.35%
CBRE	B	0.35%
XEL	A	0.34%
A	D	0.34%
CHTR	C	0.34%
IQV	D	0.33%
SYY	B	0.33%
ACGL	D	0.33%
VMC	B	0.33%
EXC	C	0.33%
GIS	D	0.32%
HPQ	B	0.32%
KDP	D	0.32%
MLM	B	0.32%
DD	D	0.31%
MCHP	D	0.31%
IDXX	F	0.31%
NUE	C	0.31%
MTB	A	0.31%
HUM	C	0.3%
WAB	B	0.3%
VICI	C	0.29%
WTW	B	0.29%
GRMN	B	0.29%
GEHC	F	0.29%
ROK	B	0.29%
ED	D	0.29%
IRM	D	0.29%
DOW	F	0.28%
EIX	B	0.28%
EBAY	D	0.28%
FITB	A	0.28%
EFX	F	0.28%
RJF	A	0.27%
WEC	A	0.27%
CSGP	D	0.27%
CNC	D	0.27%
XYL	D	0.26%
ANSS	B	0.26%
GPN	B	0.26%
TTWO	A	0.26%
CAH	B	0.26%
DXCM	D	0.26%
UAL	A	0.26%
TSCO	D	0.26%
KHC	F	0.25%
STT	A	0.25%
KEYS	A	0.24%
MPWR	F	0.24%
DECK	A	0.24%
NVR	D	0.24%
HPE	B	0.24%
VTR	C	0.23%
CPAY	A	0.23%
AWK	D	0.23%
TYL	B	0.23%
TPL	A	0.23%
HSY	F	0.23%
MTD	D	0.23%
CHD	B	0.23%
TROW	B	0.23%
FTV	C	0.23%
BR	A	0.23%
WST	C	0.22%
GDDY	A	0.22%
ADM	D	0.22%
SW	A	0.22%
EME	C	0.21%
SBAC	D	0.21%
BIIB	F	0.21%
RF	A	0.21%
EQT	B	0.21%
CDW	F	0.21%
CCL	B	0.21%
NTAP	C	0.21%
VLTO	D	0.21%
WAT	B	0.2%
TDY	B	0.2%
WY	D	0.2%
LDOS	C	0.2%
PTC	A	0.2%
EXPE	B	0.2%
CINF	A	0.2%
PKG	A	0.19%
ES	D	0.19%
NTRS	A	0.19%
ATO	A	0.19%
STE	F	0.19%
ZBRA	B	0.18%
WDC	D	0.18%
CLX	B	0.18%
OMC	C	0.18%
MDB	C	0.18%
SNA	A	0.17%
MKC	D	0.17%
FDS	B	0.17%
CTRA	B	0.17%
EXE	B	0.17%
NRG	B	0.17%
LYV	A	0.17%
INVH	D	0.17%
LUV	C	0.17%
IP	B	0.17%
BALL	D	0.17%
STX	D	0.17%
LVS	C	0.17%
COO	D	0.17%
FSLR	F	0.17%
J	F	0.16%
FWONK	B	0.16%
BBY	D	0.16%
KEY	B	0.16%
TSN	B	0.16%
HOLX	D	0.16%
PODD	C	0.16%
WSO	A	0.16%
NTRA	B	0.16%
HOOD	B	0.15%
KIM	A	0.15%
TER	D	0.15%
OC	A	0.15%
DG	F	0.15%
BURL	A	0.15%
MANH	D	0.15%
TRMB	B	0.15%
XPO	B	0.15%
GEN	B	0.15%
RS	B	0.15%
GPC	D	0.15%
NTNX	A	0.15%
IEX	B	0.15%
MAS	D	0.15%
DGX	A	0.15%
PNR	A	0.15%
RPM	A	0.15%
FLEX	A	0.14%
CF	B	0.14%
FNF	B	0.14%
FIX	A	0.14%
THC	D	0.14%
TOL	B	0.14%
EG	C	0.14%
VRSN	F	0.14%
AVY	D	0.14%
NI	A	0.14%
BAX	D	0.14%
TXT	D	0.14%
DOCU	A	0.14%
TWLO	A	0.14%
JBL	B	0.13%
FFIV	B	0.13%
RVTY	F	0.13%
EVRG	A	0.13%
SAIA	B	0.13%
ACM	A	0.13%
UTHR	C	0.13%
ROL	B	0.13%
DT	C	0.13%
EL	F	0.13%
GGG	B	0.13%
DPZ	C	0.13%
USFD	A	0.13%
CASY	A	0.13%
RGA	A	0.13%
VTRS	A	0.13%
ENTG	D	0.13%
PSTG	D	0.13%
SWK	D	0.12%
RNR	C	0.12%
PFGC	B	0.12%
UDR	B	0.12%
SWKS	F	0.12%
DLTR	F	0.12%
POOL	C	0.12%
EPAM	C	0.12%
EQH	B	0.12%
OVV	B	0.11%
LECO	B	0.11%
EMN	D	0.11%
UHS	D	0.11%
DAY	B	0.11%
UNM	A	0.11%
ALB	C	0.11%
AMH	D	0.11%
HST	C	0.11%
SCI	B	0.11%
NVT	B	0.11%
NBIX	C	0.11%
BMRN	D	0.11%
REG	B	0.11%
BXP	D	0.11%
KMX	B	0.11%
JNPR	F	0.11%
BG	F	0.11%
ALLE	D	0.11%
JKHY	D	0.11%
GLPI	C	0.11%
CLH	B	0.11%
INCY	C	0.11%
CPT	B	0.11%
ELS	C	0.11%
TTEK	F	0.1%
CCK	C	0.1%
FND	C	0.1%
IPG	D	0.1%
TAP	C	0.1%
NWSA	B	0.1%
FOXA	B	0.1%
CG	A	0.1%
PAYC	B	0.1%
DKS	C	0.1%
BLD	D	0.1%
RRX	B	0.1%
TECH	D	0.1%
LW	C	0.1%
SJM	D	0.1%
WPC	D	0.1%
CNH	C	0.09%
WING	D	0.09%
ALLY	C	0.09%
SRPT	D	0.09%
CHDN	B	0.09%
AES	F	0.09%
CRL	C	0.09%
ERIE	D	0.09%
LKQ	D	0.09%
AFG	A	0.09%
BJ	A	0.09%
MOS	F	0.08%
AOS	F	0.08%
HRL	D	0.08%
TFX	F	0.08%
SMCI	F	0.08%
AR	B	0.08%
WYNN	D	0.08%
WMS	D	0.08%
MORN	B	0.08%
EXAS	D	0.08%
SOLV	C	0.08%
WTRG	B	0.08%
ACI	C	0.07%
CNM	D	0.07%
DVA	B	0.07%
HII	D	0.07%
APA	D	0.07%
MEDP	D	0.07%
PCOR	B	0.06%
UHAL	D	0.06%
QRVO	F	0.06%
WBA	F	0.06%
AZPN	A	0.06%
DINO	D	0.06%
BRKR	D	0.05%
U	C	0.05%
SNX	C	0.05%
FOX	A	0.05%
BEN	C	0.05%
CELH	F	0.04%
COTY	F	0.03%
NWS	B	0.03%
PAG	B	0.03%
FWONA	B	0.02%
ALAB	B	0.02%
LEN	D	0.01%
UHAL	D	0.0%

IMCB Underweight 84 Positions Relative to PHEQ

Symbol	Grade	Weight
NVDA	C	-7.12%
AAPL	C	-6.85%
MSFT	F	-6.55%
AMZN	C	-4.1%
META	D	-2.66%
GOOGL	C	-2.28%
TSLA	B	-1.91%
GOOG	C	-1.9%
JPM	A	-1.73%
AVGO	D	-1.71%
BRK.A	B	-1.42%
XOM	B	-1.4%
LLY	F	-1.39%
UNH	C	-1.37%
V	A	-1.28%
HD	A	-1.15%
MA	C	-1.14%
PG	A	-1.09%
COST	B	-1.07%
JNJ	D	-1.04%
BAC	A	-0.98%
WMT	A	-0.96%
ABBV	D	-0.85%
CVX	A	-0.84%
NFLX	A	-0.8%
CSCO	B	-0.79%
KO	D	-0.77%
ORCL	B	-0.73%
PEP	F	-0.72%
MRK	F	-0.69%
T	A	-0.68%
WFC	A	-0.67%
LIN	D	-0.67%
CRM	B	-0.63%
NOW	A	-0.61%
ABT	B	-0.6%
TMO	F	-0.59%
TXN	C	-0.59%
LMT	D	-0.58%
ISRG	A	-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%
AMD	F	-0.51%
MDT	D	-0.51%
TMUS	B	-0.51%
BMY	B	-0.48%
ADBE	C	-0.48%
KKR	A	-0.46%
AMGN	D	-0.45%
DE	A	-0.44%
WM	A	-0.44%
MMM	D	-0.44%
CTAS	B	-0.42%
MS	A	-0.39%
BKNG	A	-0.39%
VRTX	F	-0.36%
SCHW	B	-0.35%
KLAC	D	-0.34%
RSG	A	-0.34%
QCOM	F	-0.33%
BA	F	-0.32%
MU	D	-0.31%
PANW	C	-0.3%
APO	B	-0.3%
UBER	D	-0.29%
LRCX	F	-0.29%
PYPL	B	-0.28%
MRVL	B	-0.25%
MELI	D	-0.25%
REGN	F	-0.21%
SPOT	B	-0.19%
CRWD	B	-0.17%
ABNB	C	-0.15%
DOX	D	-0.09%
SCCO	F	-0.07%
YUMC	C	-0.07%
SNOW	C	-0.06%
OWL	A	-0.05%
RKT	F	-0.03%
WMG	C	-0.02%