MGV vs. PHEQ ETF Comparison

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

MGV

Vanguard Mega Cap Value ETF

MGV Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Value Index, which represents the value companies 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 value 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

$132.26

Average Daily Volume

225,298

Number of Holdings ^*

135

* 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	MGV	PHEQ
30 Days	2.46%	1.99%
60 Days	3.73%	3.02%
90 Days	5.92%	3.86%
12 Months	30.27%	16.61%

47 Overlapping Holdings

Symbol	Grade	Weight in MGV	Weight in PHEQ	Overlap
ABBV	D	2.12%	0.85%	0.85%
ABT	B	1.16%	0.6%	0.6%
AMGN	D	1.01%	0.45%	0.45%
AVGO	D	2.33%	1.71%	1.71%
AXP	A	0.79%	0.57%	0.57%
BAC	A	1.72%	0.98%	0.98%
BMY	B	0.67%	0.48%	0.48%
BRK.A	B	1.49%	1.42%	1.42%
BRK.A	B	3.35%	1.42%	1.42%
CAT	B	1.07%	0.55%	0.55%
CSCO	B	1.17%	0.79%	0.79%
CVX	A	1.52%	0.84%	0.84%
DE	A	0.62%	0.44%	0.44%
DELL	C	0.2%	0.14%	0.14%
DIS	B	0.51%	0.57%	0.51%
HD	A	2.3%	1.15%	1.15%
IBM	C	1.12%	0.56%	0.56%
JNJ	D	2.26%	1.04%	1.04%
JPM	A	3.72%	1.73%	1.73%
KKR	A	0.54%	0.46%	0.46%
KMB	D	0.27%	0.33%	0.27%
KO	D	1.49%	0.77%	0.77%
LIN	D	0.64%	0.67%	0.64%
LMT	D	0.77%	0.58%	0.58%
LOW	D	0.88%	0.57%	0.57%
MDT	D	0.67%	0.51%	0.51%
MMM	D	0.42%	0.44%	0.42%
MRK	F	1.53%	0.69%	0.69%
MS	A	0.83%	0.39%	0.39%
MU	D	0.65%	0.31%	0.31%
ORCL	B	1.63%	0.73%	0.73%
PEP	F	1.34%	0.72%	0.72%
PG	A	2.28%	1.09%	1.09%
PYPL	B	0.48%	0.28%	0.28%
QCOM	F	1.07%	0.33%	0.33%
REGN	F	0.54%	0.21%	0.21%
RSG	A	0.24%	0.34%	0.24%
SCHW	B	0.63%	0.35%	0.35%
T	A	0.95%	0.68%	0.68%
TMO	F	1.23%	0.59%	0.59%
TRV	B	0.33%	0.39%	0.33%
UNH	C	3.07%	1.37%	1.37%
UNP	C	0.83%	0.52%	0.52%
WFC	A	1.3%	0.67%	0.67%
WM	A	0.51%	0.44%	0.44%
WMT	A	2.13%	0.96%	0.96%
XOM	B	3.05%	1.4%	1.4%

MGV Overweight 88 Positions Relative to PHEQ

Symbol	Grade	Weight
PM	B	1.21%
GE	D	1.04%
CMCSA	B	0.99%
NEE	D	0.96%
GS	A	0.96%
RTX	C	0.95%
VZ	C	0.94%
DHR	F	0.94%
PFE	D	0.94%
PGR	A	0.84%
BLK	C	0.81%
HON	B	0.79%
ETN	A	0.78%
COP	C	0.75%
C	A	0.69%
FI	A	0.67%
GILD	C	0.65%
ADI	D	0.65%
ACN	C	0.64%
CB	C	0.64%
MMC	B	0.63%
PLD	D	0.62%
SO	D	0.59%
UPS	C	0.58%
MO	A	0.55%
ELV	F	0.55%
MDLZ	F	0.54%
ICE	C	0.53%
CI	F	0.52%
DUK	C	0.52%
INTC	D	0.49%
TT	A	0.49%
CME	A	0.48%
PH	A	0.48%
CL	D	0.45%
NOC	D	0.44%
USB	A	0.44%
ITW	B	0.43%
CVS	D	0.42%
APD	A	0.41%
EOG	A	0.41%
TGT	F	0.41%
BDX	F	0.4%
GD	F	0.4%
FCX	D	0.38%
HCA	F	0.38%
MCK	B	0.38%
CSX	B	0.38%
FDX	B	0.36%
BX	A	0.36%
SYK	C	0.36%
PNC	B	0.36%
EMR	A	0.36%
AFL	B	0.35%
ADP	B	0.35%
COF	B	0.35%
GM	B	0.34%
ROP	B	0.34%
TFC	A	0.34%
BK	A	0.33%
NSC	B	0.33%
PSA	D	0.31%
AEP	D	0.31%
SRE	A	0.31%
PSX	C	0.3%
MPC	D	0.29%
NKE	D	0.27%
MET	A	0.27%
CCI	D	0.27%
F	C	0.24%
VLO	C	0.23%
AON	A	0.22%
STZ	D	0.22%
KDP	D	0.21%
WMB	A	0.19%
OXY	D	0.19%
CHTR	C	0.18%
HUM	C	0.18%
SLB	C	0.17%
D	C	0.15%
JCI	C	0.15%
SPG	B	0.15%
KHC	F	0.15%
KMI	A	0.14%
AIG	B	0.14%
PAYX	C	0.13%
GEV	B	0.12%
EL	F	0.02%

MGV Underweight 157 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%
LLY	F	-1.39%
V	A	-1.28%
MA	C	-1.14%
COST	B	-1.07%
NFLX	A	-0.8%
CRM	B	-0.63%
NOW	A	-0.61%
TXN	C	-0.59%
ISRG	A	-0.58%
AMD	F	-0.51%
TMUS	B	-0.51%
ADBE	C	-0.48%
TRGP	B	-0.46%
CTAS	B	-0.42%
ETR	B	-0.4%
DAL	C	-0.39%
BKNG	A	-0.39%
PRU	A	-0.37%
PLTR	B	-0.36%
VRTX	F	-0.36%
HWM	A	-0.36%
AVB	B	-0.35%
PPL	B	-0.34%
KLAC	D	-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%
BA	F	-0.32%
ROST	C	-0.32%
LH	C	-0.31%
CMS	C	-0.31%
BRO	B	-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%
PHM	D	-0.3%
APO	B	-0.3%
UBER	D	-0.29%
DOC	D	-0.29%
LRCX	F	-0.29%
CNP	B	-0.28%
AME	A	-0.28%
SYF	B	-0.27%
MAA	B	-0.27%
CFG	B	-0.26%
MRVL	B	-0.25%
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%
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%
HUBS	A	-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%
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%
WSM	B	-0.02%
WMG	C	-0.02%
MRNA	F	-0.01%