IWX vs. PHDG ETF Comparison

Comparison of iShares Russell Top 200 Value ETF (IWX) to PowerShares S&P 500 Downside Hedged Portfolio (PHDG)

IWX

iShares Russell Top 200 Value ETF

IWX Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Top 200 Value Index (the "underlying index"), which is a style factor weighted index that measures the performance of the largest capitalization value sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$80.98

Average Daily Volume

160,995

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

PHDG

PowerShares S&P 500 Downside Hedged Portfolio

PHDG Description

The PowerShares S&P 500® Downside Hedged Portfolio (the Fund) is an actively managed exchange-traded fund (ETF) that seeks to achieve positive total returns in rising or falling markets that are not directly correlated to broad equity or fixed-income market returns. The Fund seeks to achieve its investment objective by using a quantitative, rules-based strategy designed to provide returns that correspond to the performance of the S&P 500® Dynamic VEQTOR Index (the Index). The Index provides investors with broad equity market exposure with an implied volatility hedge by dynamically allocating between equity, volatility and cash. The index allows investors to receive exposure to the equity and volatility of the S&P 500 Index in a dynamic framework.

Grade (RS Rating)

Last Trade

$38.07

Average Daily Volume

14,069

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	IWX	PHDG
30 Days	2.15%	1.47%
60 Days	4.72%	3.51%
90 Days	8.69%	2.41%
12 Months	25.58%	24.93%

152 Overlapping Holdings

Symbol	Grade	Weight in IWX	Weight in PHDG	Overlap
ABBV	B	1.2%	0.39%	0.39%
ABT	C	1.22%	0.23%	0.23%
ACN	C	1.31%	0.24%	0.24%
ADI	C	0.7%	0.13%	0.13%
ADP	C	0.05%	0.13%	0.05%
AEP	C	0.33%	0.06%	0.06%
AIG	D	0.3%	0.06%	0.06%
AMAT	D	0.08%	0.19%	0.08%
AMD	C	0.53%	0.29%	0.29%
AMGN	D	0.25%	0.21%	0.21%
AON	B	0.42%	0.09%	0.09%
APD	B	0.4%	0.07%	0.07%
APH	C	0.2%	0.09%	0.09%
AXP	B	0.58%	0.17%	0.17%
AZO	B	0.03%	0.06%	0.03%
BA	F	0.46%	0.1%	0.1%
BAC	D	1.69%	0.32%	0.32%
BDX	D	0.42%	0.08%	0.08%
BKNG	B	0.05%	0.16%	0.05%
BLK	B	0.85%	0.15%	0.15%
BMY	C	0.62%	0.11%	0.11%
BRK.A	C	5.16%	0.95%	0.95%
BSX	B	0.76%	0.14%	0.14%
C	C	0.74%	0.14%	0.14%
CARR	B	0.41%	0.08%	0.08%
CAT	B	0.96%	0.21%	0.21%
CB	B	0.73%	0.13%	0.13%
CEG	C	0.42%	0.08%	0.08%
CI	C	0.56%	0.12%	0.12%
CL	C	0.23%	0.1%	0.1%
CMCSA	C	0.95%	0.18%	0.18%
CME	B	0.47%	0.09%	0.09%
COF	B	0.36%	0.07%	0.07%
COP	F	0.8%	0.15%	0.15%
CPRT	D	0.02%	0.05%	0.02%
CRM	C	0.24%	0.3%	0.24%
CSCO	B	1.3%	0.24%	0.24%
CSX	C	0.42%	0.08%	0.08%
CTAS	C	0.02%	0.08%	0.02%
CVS	D	0.45%	0.08%	0.08%
CVX	F	1.55%	0.28%	0.28%
D	C	0.3%	0.06%	0.06%
DE	A	0.63%	0.12%	0.12%
DHR	B	1.09%	0.21%	0.21%
DIS	D	1.07%	0.19%	0.19%
DUK	B	0.56%	0.1%	0.1%
ECL	B	0.05%	0.07%	0.05%
EL	D	0.08%	0.02%	0.02%
ELV	D	0.65%	0.14%	0.14%
EMR	D	0.37%	0.07%	0.07%
EOG	D	0.45%	0.08%	0.08%
EQIX	B	0.49%	0.09%	0.09%
ETN	C	0.82%	0.15%	0.15%
EW	F	0.2%	0.05%	0.05%
F	F	0.26%	0.05%	0.05%
FCX	C	0.39%	0.07%	0.07%
FDX	D	0.36%	0.08%	0.08%
FTNT	B	0.05%	0.05%	0.05%
GD	C	0.52%	0.08%	0.08%
GE	C	0.99%	0.23%	0.23%
GEV	B	0.41%	0.08%	0.08%
GILD	B	0.65%	0.12%	0.12%
GM	C	0.34%	0.06%	0.06%
GS	B	0.71%	0.19%	0.19%
HCA	B	0.36%	0.09%	0.09%
HD	B	0.48%	0.44%	0.44%
HON	C	0.69%	0.15%	0.15%
IBM	B	1.24%	0.22%	0.22%
ICE	C	0.56%	0.1%	0.1%
INTC	D	0.58%	0.1%	0.1%
ITW	B	0.29%	0.08%	0.08%
JCI	B	0.31%	0.06%	0.06%
JNJ	C	2.45%	0.45%	0.45%
JPM	D	3.74%	0.69%	0.69%
KDP	B	0.25%	0.04%	0.04%
KHC	C	0.19%	0.03%	0.03%
KKR	B	0.4%	0.1%	0.1%
KMB	C	0.17%	0.05%	0.05%
KO	B	0.73%	0.31%	0.31%
LIN	B	1.4%	0.26%	0.26%
LMT	A	0.51%	0.14%	0.14%
LOW	B	0.92%	0.17%	0.17%
MAR	B	0.35%	0.07%	0.07%
MCD	B	1.24%	0.24%	0.24%
MCK	F	0.23%	0.08%	0.08%
MDLZ	C	0.62%	0.11%	0.11%
MDT	B	0.71%	0.14%	0.14%
MET	B	0.29%	0.06%	0.06%
MMC	C	0.59%	0.13%	0.13%
MMM	B	0.37%	0.08%	0.08%
MNST	D	0.05%	0.04%	0.04%
MO	C	0.54%	0.1%	0.1%
MPC	F	0.36%	0.07%	0.07%
MRNA	F	0.13%	0.03%	0.03%
MS	B	0.69%	0.14%	0.14%
MSI	B	0.24%	0.08%	0.08%
MU	D	0.62%	0.11%	0.11%
NEE	B	1.05%	0.19%	0.19%
NEM	C	0.39%	0.07%	0.07%
NKE	D	0.25%	0.11%	0.11%
NOC	B	0.45%	0.08%	0.08%
NSC	C	0.35%	0.06%	0.06%
ORLY	B	0.03%	0.08%	0.03%
OXY	F	0.21%	0.04%	0.04%
PCAR	D	0.31%	0.06%	0.06%
PEP	D	0.31%	0.27%	0.27%
PFE	D	1.03%	0.19%	0.19%
PG	C	1.98%	0.46%	0.46%
PGR	C	0.15%	0.17%	0.15%
PH	B	0.49%	0.09%	0.09%
PLD	C	0.72%	0.14%	0.14%
PM	C	1.16%	0.21%	0.21%
PNC	C	0.46%	0.09%	0.09%
PSA	C	0.3%	0.06%	0.06%
PSX	F	0.34%	0.06%	0.06%
PYPL	B	0.49%	0.09%	0.09%
QCOM	D	0.07%	0.22%	0.07%
REGN	D	0.68%	0.14%	0.14%
ROP	C	0.37%	0.07%	0.07%
RSG	D	0.26%	0.05%	0.05%
RTX	B	0.97%	0.18%	0.18%
SBUX	C	0.15%	0.13%	0.13%
SCHW	D	0.54%	0.11%	0.11%
SHW	B	0.05%	0.1%	0.05%
SLB	F	0.38%	0.07%	0.07%
SO	B	0.61%	0.11%	0.11%
SPGI	C	1.01%	0.19%	0.19%
SRE	B	0.33%	0.06%	0.06%
STZ	C	0.25%	0.05%	0.05%
SYK	C	0.57%	0.14%	0.14%
T	B	0.96%	0.17%	0.17%
TDG	B	0.38%	0.09%	0.09%
TFC	D	0.35%	0.07%	0.07%
TGT	C	0.44%	0.08%	0.08%
TJX	C	0.34%	0.15%	0.15%
TMO	B	1.45%	0.27%	0.27%
TMUS	B	0.6%	0.12%	0.12%
TRV	C	0.34%	0.06%	0.06%
TT	B	0.36%	0.1%	0.1%
TXN	B	1.01%	0.22%	0.22%
UNH	C	3.05%	0.61%	0.61%
UNP	D	0.48%	0.17%	0.17%
UPS	D	0.58%	0.11%	0.11%
USB	C	0.44%	0.08%	0.08%
VLO	F	0.27%	0.05%	0.05%
VRTX	D	0.37%	0.14%	0.14%
VZ	A	1.16%	0.21%	0.21%
WELL	C	0.47%	0.09%	0.09%
WFC	D	1.22%	0.22%	0.22%
WMT	B	2.12%	0.38%	0.38%
XOM	D	3.2%	0.59%	0.59%
ZTS	B	0.1%	0.1%	0.1%

IWX Overweight 6 Positions Relative to PHDG

Symbol	Grade	Weight
FI	B	0.43%
CRH	B	0.39%
MRVL	D	0.36%
DELL	C	0.17%
APO	B	0.1%
DASH	B	0.04%

IWX Underweight 344 Positions Relative to PHDG

Symbol	Grade	Weight
AAPL	C	-3.77%
MSFT	C	-3.72%
NVDA	C	-3.31%
AMZN	C	-1.99%
META	B	-1.4%
GOOGL	D	-1.09%
GOOG	D	-0.91%
AVGO	C	-0.83%
LLY	D	-0.83%
TSLA	C	-0.77%
V	C	-0.51%
COST	C	-0.46%
MA	B	-0.46%
NFLX	B	-0.35%
MRK	F	-0.34%
ORCL	B	-0.31%
ADBE	F	-0.27%
NOW	C	-0.22%
INTU	D	-0.21%
ISRG	C	-0.2%
UBER	C	-0.18%
BX	C	-0.13%
LRCX	D	-0.12%
KLAC	D	-0.12%
PANW	D	-0.12%
AMT	C	-0.12%
ANET	C	-0.11%
WM	D	-0.09%
CDNS	D	-0.09%
MCO	C	-0.09%
SNPS	F	-0.09%
CMG	D	-0.09%
ADSK	B	-0.07%
DHI	C	-0.07%
NXPI	D	-0.07%
AJG	D	-0.07%
CRWD	D	-0.07%
CCI	C	-0.06%
ALL	C	-0.06%
DLR	B	-0.06%
ROST	C	-0.06%
O	B	-0.06%
URI	B	-0.06%
BK	B	-0.06%
SPG	B	-0.06%
OKE	C	-0.06%
WMB	C	-0.06%
AFL	A	-0.06%
HLT	B	-0.06%
ABNB	D	-0.06%
AME	C	-0.05%
IT	C	-0.05%
CNC	D	-0.05%
RCL	B	-0.05%
CTVA	B	-0.05%
FAST	C	-0.05%
PEG	B	-0.05%
A	C	-0.05%
ACGL	B	-0.05%
KMI	C	-0.05%
PCG	C	-0.05%
CMI	B	-0.05%
GIS	B	-0.05%
PWR	B	-0.05%
MCHP	D	-0.05%
IDXX	D	-0.05%
PAYX	C	-0.05%
LHX	C	-0.05%
PRU	C	-0.05%
KVUE	B	-0.05%
MSCI	C	-0.05%
MPWR	B	-0.05%
IQV	D	-0.05%
GWW	B	-0.05%
TEL	D	-0.05%
AMP	B	-0.05%
FIS	C	-0.05%
LEN	B	-0.05%
FICO	B	-0.05%
CDW	D	-0.04%
NDAQ	C	-0.04%
ADM	D	-0.04%
LULU	D	-0.04%
MTD	C	-0.04%
WAB	B	-0.04%
ON	D	-0.04%
EBAY	B	-0.04%
EIX	B	-0.04%
FANG	F	-0.04%
CSGP	D	-0.04%
CHTR	D	-0.04%
AVB	C	-0.04%
XYL	C	-0.04%
IRM	C	-0.04%
VMC	C	-0.04%
MLM	D	-0.04%
TRGP	C	-0.04%
EA	D	-0.04%
VICI	C	-0.04%
GLW	B	-0.04%
HIG	B	-0.04%
DD	B	-0.04%
ED	B	-0.04%
XEL	B	-0.04%
RMD	C	-0.04%
NUE	D	-0.04%
DFS	C	-0.04%
BKR	C	-0.04%
ODFL	D	-0.04%
KR	B	-0.04%
HES	F	-0.04%
SYY	C	-0.04%
YUM	B	-0.04%
CBRE	B	-0.04%
DOW	C	-0.04%
EFX	C	-0.04%
CTSH	B	-0.04%
HUM	F	-0.04%
HWM	B	-0.04%
VRSK	D	-0.04%
EXR	C	-0.04%
GEHC	B	-0.04%
OTIS	B	-0.04%
EXC	B	-0.04%
IR	B	-0.04%
ZBH	F	-0.03%
CPAY	B	-0.03%
SMCI	F	-0.03%
AEE	B	-0.03%
FE	B	-0.03%
GDDY	C	-0.03%
HUBB	B	-0.03%
WST	D	-0.03%
RJF	C	-0.03%
PPL	A	-0.03%
DECK	C	-0.03%
STE	B	-0.03%
ES	B	-0.03%
BRO	C	-0.03%
VLTO	B	-0.03%
TTWO	D	-0.03%
WY	C	-0.03%
HPE	C	-0.03%
BLDR	C	-0.03%
BR	C	-0.03%
TROW	C	-0.03%
LYB	D	-0.03%
TYL	C	-0.03%
NTAP	D	-0.03%
CHD	C	-0.03%
VTR	C	-0.03%
SW	B	-0.03%
DTE	A	-0.03%
SBAC	C	-0.03%
FSLR	C	-0.03%
DVN	F	-0.03%
HAL	F	-0.03%
DOV	B	-0.03%
IFF	A	-0.03%
GRMN	D	-0.03%
EQR	C	-0.03%
STT	B	-0.03%
CAH	C	-0.03%
KEYS	B	-0.03%
FTV	C	-0.03%
ETR	A	-0.03%
AXON	B	-0.03%
ANSS	D	-0.03%
NVR	B	-0.03%
DXCM	F	-0.03%
GPN	D	-0.03%
HSY	D	-0.03%
AWK	C	-0.03%
BIIB	F	-0.03%
TSCO	B	-0.03%
WTW	B	-0.03%
WEC	B	-0.03%
FITB	B	-0.03%
MTB	C	-0.03%
HPQ	C	-0.03%
VST	B	-0.03%
DAL	C	-0.03%
PPG	C	-0.03%
PHM	B	-0.03%
ROK	D	-0.03%
JBL	C	-0.02%
AES	C	-0.02%
CPT	C	-0.02%
UDR	C	-0.02%
EVRG	B	-0.02%
ROL	C	-0.02%
NDSN	C	-0.02%
VTRS	D	-0.02%
UHS	C	-0.02%
BG	F	-0.02%
JBHT	D	-0.02%
POOL	C	-0.02%
L	D	-0.02%
DPZ	D	-0.02%
TRMB	C	-0.02%
LYV	A	-0.02%
SNA	B	-0.02%
NI	B	-0.02%
AKAM	D	-0.02%
CF	B	-0.02%
DLTR	F	-0.02%
LNT	A	-0.02%
LVS	C	-0.02%
DOC	B	-0.02%
CAG	B	-0.02%
KIM	C	-0.02%
MRO	D	-0.02%
VRSN	C	-0.02%
PNR	B	-0.02%
IEX	C	-0.02%
SWKS	F	-0.02%
ENPH	D	-0.02%
AMCR	B	-0.02%
KEY	C	-0.02%
SWK	B	-0.02%
PODD	C	-0.02%
EG	B	-0.02%
TXT	D	-0.02%
NRG	B	-0.02%
DGX	B	-0.02%
UAL	B	-0.02%
LUV	C	-0.02%
IP	C	-0.02%
AVY	C	-0.02%
WRB	D	-0.02%
CTRA	F	-0.02%
TSN	D	-0.02%
STLD	C	-0.02%
EXPD	B	-0.02%
FDS	C	-0.02%
ALGN	D	-0.02%
CNP	C	-0.02%
EXPE	C	-0.02%
MAS	B	-0.02%
PFG	B	-0.02%
J	A	-0.02%
ZBRA	B	-0.02%
WBD	D	-0.02%
BBY	A	-0.02%
NTRS	C	-0.02%
CCL	C	-0.02%
DG	F	-0.02%
PKG	B	-0.02%
APTV	D	-0.02%
CFG	D	-0.02%
ARE	C	-0.02%
HOLX	D	-0.02%
MAA	C	-0.02%
ULTA	D	-0.02%
GPC	D	-0.02%
BAX	C	-0.02%
WAT	B	-0.02%
CLX	C	-0.02%
ESS	C	-0.02%
STX	B	-0.02%
OMC	B	-0.02%
MOH	D	-0.02%
SYF	C	-0.02%
DRI	C	-0.02%
ATO	B	-0.02%
EQT	C	-0.02%
TDY	B	-0.02%
CMS	B	-0.02%
INVH	D	-0.02%
BALL	C	-0.02%
TER	C	-0.02%
MKC	C	-0.02%
LDOS	A	-0.02%
K	A	-0.02%
CINF	C	-0.02%
RF	B	-0.02%
PTC	C	-0.02%
WDC	C	-0.02%
HBAN	B	-0.02%
CBOE	C	-0.02%
FOX	B	-0.01%
PARA	D	-0.01%
BEN	F	-0.01%
ETSY	D	-0.01%
WBA	F	-0.01%
BBWI	D	-0.01%
BIO	C	-0.01%
RL	B	-0.01%
AAL	D	-0.01%
WYNN	C	-0.01%
BWA	C	-0.01%
IVZ	B	-0.01%
FMC	B	-0.01%
PAYC	D	-0.01%
MHK	B	-0.01%
DVA	B	-0.01%
FRT	C	-0.01%
MOS	F	-0.01%
NCLH	B	-0.01%
GNRC	D	-0.01%
CZR	C	-0.01%
GL	D	-0.01%
APA	F	-0.01%
HSIC	C	-0.01%
HRL	F	-0.01%
FOXA	B	-0.01%
HAS	B	-0.01%
DAY	D	-0.01%
MGM	D	-0.01%
LW	D	-0.01%
MTCH	C	-0.01%
TPR	A	-0.01%
MKTX	D	-0.01%
QRVO	F	-0.01%
SOLV	D	-0.01%
CPB	C	-0.01%
TAP	D	-0.01%
NWSA	D	-0.01%
AIZ	B	-0.01%
PNW	C	-0.01%
AOS	B	-0.01%
ALB	D	-0.01%
HII	F	-0.01%
INCY	C	-0.01%
CRL	F	-0.01%
LKQ	F	-0.01%
CTLT	B	-0.01%
EPAM	F	-0.01%
TFX	B	-0.01%
REG	C	-0.01%
BXP	C	-0.01%
IPG	C	-0.01%
CHRW	B	-0.01%
KMX	D	-0.01%
ALLE	B	-0.01%
JNPR	A	-0.01%
TECH	C	-0.01%
SJM	C	-0.01%
FFIV	B	-0.01%
EMN	B	-0.01%
JKHY	B	-0.01%
HST	D	-0.01%
CE	D	-0.01%
NWS	D	-0.0%