MGC vs. PHEQ ETF Comparison

Comparison of Vanguard Mega Cap ETF (MGC) to Parametric Hedged Equity ETF (PHEQ)

MGC

Vanguard Mega Cap ETF

MGC Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Index. The index is a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$214.00

Average Daily Volume

66,120

Number of Holdings ^*

193

* 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	MGC	PHEQ
30 Days	2.84%	1.99%
60 Days	4.35%	3.02%
90 Days	5.93%	3.86%
12 Months	33.19%	16.61%

80 Overlapping Holdings

Symbol	Grade	Weight in MGC	Weight in PHEQ	Overlap
AAPL	C	8.16%	6.85%	6.85%
ABBV	D	0.9%	0.85%	0.85%
ABNB	C	0.13%	0.15%	0.13%
ABT	B	0.49%	0.6%	0.49%
ADBE	C	0.53%	0.48%	0.48%
AMD	F	0.58%	0.51%	0.51%
AMGN	D	0.43%	0.45%	0.43%
AMZN	C	4.4%	4.1%	4.1%
AVGO	D	1.98%	1.71%	1.71%
AXP	A	0.34%	0.57%	0.34%
BA	F	0.27%	0.32%	0.27%
BAC	A	0.73%	0.98%	0.73%
BKNG	A	0.39%	0.39%	0.39%
BMY	B	0.28%	0.48%	0.28%
BRK.A	B	0.14%	1.42%	0.14%
BRK.A	B	1.92%	1.42%	1.42%
CAT	B	0.46%	0.55%	0.46%
COST	B	0.97%	1.07%	0.97%
CRM	B	0.67%	0.63%	0.63%
CRWD	B	0.17%	0.17%	0.17%
CSCO	B	0.5%	0.79%	0.5%
CVX	A	0.65%	0.84%	0.65%
DE	A	0.26%	0.44%	0.26%
DELL	C	0.09%	0.14%	0.09%
DIS	B	0.44%	0.57%	0.44%
GOOG	C	2.06%	1.9%	1.9%
GOOGL	C	2.49%	2.28%	2.28%
HD	A	0.98%	1.15%	0.98%
IBM	C	0.48%	0.56%	0.48%
ISRG	A	0.45%	0.58%	0.45%
JNJ	D	0.96%	1.04%	0.96%
JPM	A	1.58%	1.73%	1.58%
KKR	A	0.23%	0.46%	0.23%
KLAC	D	0.22%	0.34%	0.22%
KMB	D	0.11%	0.33%	0.11%
KO	D	0.63%	0.77%	0.63%
LIN	D	0.54%	0.67%	0.54%
LLY	F	1.77%	1.39%	1.39%
LMT	D	0.33%	0.58%	0.33%
LOW	D	0.37%	0.57%	0.37%
LRCX	F	0.24%	0.29%	0.24%
MA	C	1.03%	1.14%	1.03%
MDT	D	0.29%	0.51%	0.29%
META	D	3.1%	2.66%	2.66%
MMM	D	0.18%	0.44%	0.18%
MRK	F	0.65%	0.69%	0.65%
MRVL	B	0.09%	0.25%	0.09%
MS	A	0.35%	0.39%	0.35%
MSFT	F	7.55%	6.55%	6.55%
MU	D	0.28%	0.31%	0.28%
NFLX	A	0.81%	0.8%	0.8%
NOW	A	0.48%	0.61%	0.48%
NVDA	C	7.76%	7.12%	7.12%
ORCL	B	0.69%	0.73%	0.69%
PANW	C	0.29%	0.3%	0.29%
PEP	F	0.57%	0.72%	0.57%
PG	A	0.97%	1.09%	0.97%
PYPL	B	0.2%	0.28%	0.2%
QCOM	F	0.45%	0.33%	0.33%
REGN	F	0.23%	0.21%	0.21%
ROST	C	0.12%	0.32%	0.12%
RSG	A	0.1%	0.34%	0.1%
SCHW	B	0.27%	0.35%	0.27%
SNOW	C	0.04%	0.06%	0.04%
T	A	0.4%	0.68%	0.4%
TMO	F	0.52%	0.59%	0.52%
TMUS	B	0.26%	0.51%	0.26%
TRV	B	0.14%	0.39%	0.14%
TSLA	B	1.7%	1.91%	1.7%
TXN	C	0.46%	0.59%	0.46%
UBER	D	0.36%	0.29%	0.29%
UNH	C	1.3%	1.37%	1.3%
UNP	C	0.35%	0.52%	0.35%
V	A	1.21%	1.28%	1.21%
VRTX	F	0.31%	0.36%	0.31%
WDAY	B	0.12%	0.13%	0.12%
WFC	A	0.55%	0.67%	0.55%
WM	A	0.22%	0.44%	0.22%
WMT	A	0.91%	0.96%	0.91%
XOM	B	1.3%	1.4%	1.3%

MGC Overweight 113 Positions Relative to PHEQ

Symbol	Grade	Weight
ACN	C	0.54%
PM	B	0.52%
MCD	D	0.52%
GE	D	0.44%
CMCSA	B	0.42%
INTU	C	0.41%
NEE	D	0.41%
GS	A	0.41%
VZ	C	0.4%
DHR	F	0.4%
PFE	D	0.4%
RTX	C	0.4%
SPGI	C	0.38%
AMAT	F	0.37%
PGR	A	0.36%
BLK	C	0.35%
ETN	A	0.33%
HON	B	0.33%
COP	C	0.32%
TJX	A	0.32%
SYK	C	0.31%
BSX	B	0.31%
BX	A	0.3%
C	A	0.29%
ADP	B	0.29%
GILD	C	0.28%
SBUX	A	0.28%
ADI	D	0.28%
FI	A	0.28%
MMC	B	0.27%
CB	C	0.27%
PLD	D	0.26%
UPS	C	0.25%
SO	D	0.25%
AMT	D	0.25%
ELV	F	0.24%
ANET	C	0.24%
MDLZ	F	0.23%
NKE	D	0.23%
MO	A	0.23%
EQIX	A	0.22%
CI	F	0.22%
DUK	C	0.22%
ICE	C	0.22%
INTC	D	0.21%
TT	A	0.21%
SNPS	B	0.2%
CME	A	0.2%
SHW	A	0.2%
PH	A	0.2%
NOC	D	0.19%
PNC	B	0.19%
USB	A	0.19%
CDNS	B	0.19%
AON	A	0.19%
CMG	B	0.19%
CL	D	0.19%
MCO	B	0.18%
CVS	D	0.18%
ZTS	D	0.18%
ITW	B	0.18%
ORLY	B	0.17%
BDX	F	0.17%
GD	F	0.17%
APD	A	0.17%
EOG	A	0.17%
TGT	F	0.17%
ECL	D	0.16%
FCX	D	0.16%
HCA	F	0.16%
MCK	B	0.16%
CSX	B	0.16%
MAR	B	0.15%
AFL	B	0.15%
COF	B	0.15%
FDX	B	0.15%
ADSK	A	0.15%
EMR	A	0.15%
BK	A	0.14%
NSC	B	0.14%
SLB	C	0.14%
GM	B	0.14%
ROP	B	0.14%
TFC	A	0.14%
PSX	C	0.13%
PSA	D	0.13%
AEP	D	0.13%
SRE	A	0.13%
MET	A	0.12%
CCI	D	0.12%
MPC	D	0.12%
PAYX	C	0.11%
STZ	D	0.1%
VLO	C	0.1%
F	C	0.1%
GEV	B	0.1%
KDP	D	0.09%
MNST	C	0.09%
CHTR	C	0.08%
HUM	C	0.08%
WMB	A	0.08%
OXY	D	0.08%
SPG	B	0.07%
KHC	F	0.07%
HLT	A	0.07%
KMI	A	0.06%
FTNT	C	0.06%
AIG	B	0.06%
D	C	0.06%
JCI	C	0.06%
AZO	C	0.06%
EW	C	0.05%
EL	F	0.02%

MGC Underweight 124 Positions Relative to PHEQ

Symbol	Grade	Weight
TRGP	B	-0.46%
CTAS	B	-0.42%
ETR	B	-0.4%
DAL	C	-0.39%
PRU	A	-0.37%
PLTR	B	-0.36%
HWM	A	-0.36%
AVB	B	-0.35%
PPL	B	-0.34%
K	A	-0.34%
LNT	A	-0.33%
DOV	A	-0.33%
YUM	B	-0.33%
OTIS	C	-0.33%
HIG	B	-0.33%
EQR	B	-0.32%
EXR	D	-0.32%
LH	C	-0.31%
CMS	C	-0.31%
BRO	B	-0.31%
HBAN	A	-0.31%
DTE	C	-0.31%
DRI	B	-0.3%
AEE	A	-0.3%
COR	B	-0.3%
PHM	D	-0.3%
APO	B	-0.3%
DOC	D	-0.29%
CNP	B	-0.28%
AME	A	-0.28%
SYF	B	-0.27%
MAA	B	-0.27%
CFG	B	-0.26%
MELI	D	-0.25%
LII	A	-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%
FANG	D	-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%
SSNC	B	-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%
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%
MOH	F	-0.14%
APTV	D	-0.14%
NDSN	B	-0.14%
HEI	B	-0.14%
ZBH	C	-0.14%
ON	D	-0.14%
HUBS	A	-0.14%
MGM	D	-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%
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%
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%
WSM	B	-0.02%
WMG	C	-0.02%
MRNA	F	-0.01%