PHDG vs. APUE ETF Comparison

Comparison of PowerShares S&P 500 Downside Hedged Portfolio (PHDG) to Trust for Professional Managers ActivePassive U.S. Equity ETF (APUE)

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

$38.15

Average Daily Volume

12,398

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

APUE

Trust for Professional Managers ActivePassive U.S. Equity ETF

APUE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the CRSP U.S. Total Market Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$36.54

Average Daily Volume

83,008

Number of Holdings ^*

292

* may have additional holdings in another (foreign) market

Performance

Period	PHDG	APUE
30 Days	-1.45%	2.27%
60 Days	1.30%	4.55%
90 Days	1.18%	5.48%
12 Months	18.05%	32.36%

252 Overlapping Holdings

Symbol	Grade	Weight in PHDG	Weight in APUE	Overlap
A	D	0.04%	0.09%	0.04%
AAPL	C	3.74%	5.59%	3.74%
ABBV	F	0.32%	0.62%	0.32%
ABNB	C	0.06%	0.11%	0.06%
ABT	B	0.22%	0.25%	0.22%
ACGL	C	0.04%	0.06%	0.04%
ACN	B	0.24%	0.57%	0.24%
ADBE	C	0.25%	0.47%	0.25%
ADI	D	0.11%	0.3%	0.11%
ADM	D	0.03%	0.03%	0.03%
ADP	A	0.13%	0.17%	0.13%
AEE	A	0.03%	0.1%	0.03%
AEP	C	0.05%	0.21%	0.05%
AFL	B	0.06%	0.41%	0.06%
AIG	B	0.05%	0.14%	0.05%
ALL	A	0.06%	0.08%	0.06%
AMAT	F	0.17%	0.43%	0.17%
AMD	F	0.24%	0.48%	0.24%
AMGN	F	0.17%	0.2%	0.17%
AMT	C	0.1%	0.21%	0.1%
AMZN	C	2.13%	3.52%	2.13%
ANET	C	0.11%	0.25%	0.11%
AON	A	0.09%	0.08%	0.08%
APD	A	0.08%	0.08%	0.08%
APH	A	0.09%	0.44%	0.09%
ARE	F	0.02%	0.08%	0.02%
AVB	B	0.03%	0.08%	0.03%
AVGO	D	0.86%	1.52%	0.86%
AXP	A	0.17%	0.39%	0.17%
BA	F	0.11%	0.06%	0.06%
BAC	A	0.33%	0.49%	0.33%
BALL	F	0.02%	0.13%	0.02%
BEN	C	0.01%	0.07%	0.01%
BK	A	0.06%	0.36%	0.06%
BMY	B	0.13%	0.18%	0.13%
BR	A	0.03%	0.28%	0.03%
BRK.A	B	0.92%	1.8%	0.92%
BSX	A	0.14%	0.27%	0.14%
BX	A	0.14%	0.25%	0.14%
C	A	0.14%	0.38%	0.14%
CAH	B	0.03%	0.1%	0.03%
CARR	C	0.07%	0.15%	0.07%
CAT	B	0.2%	0.29%	0.2%
CB	C	0.12%	0.06%	0.06%
CBOE	C	0.02%	0.17%	0.02%
CBRE	B	0.04%	0.07%	0.04%
CCI	C	0.05%	0.08%	0.05%
CCL	A	0.03%	0.15%	0.03%
CEG	C	0.08%	0.11%	0.08%
CI	D	0.1%	0.05%	0.05%
CL	D	0.08%	0.09%	0.08%
CMCSA	B	0.18%	0.27%	0.18%
CMG	B	0.09%	0.12%	0.09%
CMI	A	0.05%	0.11%	0.05%
CNC	D	0.03%	0.03%	0.03%
COF	C	0.08%	0.31%	0.08%
COP	C	0.14%	0.24%	0.14%
COR	B	0.05%	0.08%	0.05%
COST	A	0.44%	0.8%	0.44%
CPRT	B	0.05%	0.11%	0.05%
CRM	B	0.35%	0.64%	0.35%
CRWD	B	0.09%	0.13%	0.09%
CSCO	B	0.25%	0.38%	0.25%
CSGP	D	0.03%	0.06%	0.03%
CTAS	B	0.08%	0.31%	0.08%
CTRA	B	0.02%	0.03%	0.02%
CTSH	B	0.04%	0.08%	0.04%
CTVA	C	0.04%	0.06%	0.04%
CVS	D	0.07%	0.05%	0.05%
CVX	A	0.3%	0.3%	0.3%
DAL	B	0.04%	0.05%	0.04%
DD	C	0.04%	0.1%	0.04%
DE	B	0.11%	0.15%	0.11%
DECK	A	0.03%	0.31%	0.03%
DELL	B	0.04%	0.05%	0.04%
DGX	A	0.02%	0.12%	0.02%
DHI	F	0.05%	0.23%	0.05%
DHR	F	0.17%	0.4%	0.17%
DIS	B	0.21%	0.38%	0.21%
DLR	B	0.06%	0.08%	0.06%
DLTR	F	0.01%	0.02%	0.01%
DOV	A	0.03%	0.14%	0.03%
DRI	B	0.02%	0.08%	0.02%
DTE	C	0.03%	0.01%	0.01%
DUK	C	0.09%	0.39%	0.09%
DVN	F	0.03%	0.06%	0.03%
ECL	D	0.07%	0.12%	0.07%
ED	C	0.04%	0.15%	0.04%
EFX	F	0.03%	0.09%	0.03%
EG	C	0.02%	0.04%	0.02%
ELV	F	0.1%	0.04%	0.04%
EMR	B	0.08%	0.13%	0.08%
EOG	A	0.08%	0.1%	0.08%
EQR	C	0.03%	0.29%	0.03%
ESS	B	0.02%	0.15%	0.02%
ETN	A	0.16%	0.39%	0.16%
ETR	B	0.03%	0.3%	0.03%
EVRG	A	0.02%	0.15%	0.02%
EW	C	0.04%	0.05%	0.04%
EXR	C	0.04%	0.07%	0.04%
FCX	F	0.07%	0.16%	0.07%
FDX	B	0.07%	0.18%	0.07%
FI	A	0.13%	0.32%	0.13%
FOX	A	0.01%	0.13%	0.01%
FOXA	A	0.01%	0.12%	0.01%
FSLR	F	0.02%	0.04%	0.02%
GD	D	0.08%	0.07%	0.07%
GDDY	A	0.03%	0.15%	0.03%
GE	D	0.21%	0.48%	0.21%
GEN	B	0.02%	0.05%	0.02%
GEV	B	0.1%	0.14%	0.1%
GILD	C	0.12%	0.17%	0.12%
GIS	D	0.04%	0.01%	0.01%
GM	C	0.07%	0.23%	0.07%
GOOG	C	0.92%	1.65%	0.92%
GOOGL	C	1.11%	2.0%	1.11%
GPN	B	0.03%	0.05%	0.03%
GRMN	B	0.03%	0.15%	0.03%
GS	A	0.2%	0.33%	0.2%
GWW	B	0.06%	0.28%	0.06%
HCA	F	0.07%	0.33%	0.07%
HD	B	0.43%	0.59%	0.43%
HIG	B	0.04%	0.12%	0.04%
HOLX	D	0.02%	0.12%	0.02%
HON	C	0.16%	0.29%	0.16%
HST	C	0.01%	0.0%	0.0%
HUBB	B	0.03%	0.04%	0.03%
HWM	A	0.05%	0.15%	0.05%
IBM	C	0.21%	0.41%	0.21%
ICE	C	0.1%	0.15%	0.1%
INTU	B	0.21%	0.51%	0.21%
IP	A	0.02%	0.15%	0.02%
IR	B	0.04%	0.05%	0.04%
IRM	C	0.04%	0.16%	0.04%
ISRG	A	0.21%	0.42%	0.21%
J	D	0.02%	0.05%	0.02%
JKHY	D	0.01%	0.23%	0.01%
JNJ	C	0.39%	0.89%	0.39%
JPM	A	0.74%	1.47%	0.74%
KHC	F	0.03%	0.08%	0.03%
KKR	A	0.11%	0.22%	0.11%
KLAC	F	0.09%	0.2%	0.09%
KMB	C	0.05%	0.13%	0.05%
KO	D	0.26%	0.41%	0.26%
KR	B	0.04%	0.1%	0.04%
KVUE	A	0.05%	0.07%	0.05%
L	A	0.02%	0.24%	0.02%
LEN	D	0.04%	0.2%	0.04%
LEN	D	0.04%	0.15%	0.04%
LIN	C	0.23%	0.33%	0.23%
LLY	F	0.67%	1.26%	0.67%
LMT	D	0.12%	0.15%	0.12%
LOW	C	0.17%	0.36%	0.17%
LRCX	F	0.11%	0.21%	0.11%
LW	C	0.01%	0.26%	0.01%
MA	B	0.46%	0.6%	0.46%
MAS	D	0.02%	0.25%	0.02%
MCD	D	0.23%	0.23%	0.23%
MCK	A	0.09%	0.11%	0.09%
MDLZ	F	0.09%	0.28%	0.09%
MDT	D	0.12%	0.34%	0.12%
META	D	1.36%	2.32%	1.36%
MNST	C	0.04%	0.04%	0.04%
MO	A	0.1%	0.45%	0.1%
MPC	D	0.06%	0.13%	0.06%
MPWR	F	0.03%	0.07%	0.03%
MRK	D	0.27%	0.35%	0.27%
MS	A	0.18%	0.23%	0.18%
MSFT	D	3.42%	5.36%	3.42%
MU	D	0.12%	0.18%	0.12%
NDAQ	A	0.03%	0.06%	0.03%
NEE	C	0.17%	0.2%	0.17%
NEM	D	0.05%	0.07%	0.05%
NFLX	A	0.39%	0.66%	0.39%
NI	A	0.02%	0.18%	0.02%
NOW	A	0.23%	0.46%	0.23%
NTAP	C	0.03%	0.05%	0.03%
NUE	C	0.04%	0.04%	0.04%
NVDA	B	3.89%	5.86%	3.89%
NWS	A	0.0%	0.05%	0.0%
ORCL	A	0.32%	0.41%	0.32%
PANW	B	0.14%	0.17%	0.14%
PCAR	B	0.07%	0.33%	0.07%
PCG	A	0.05%	0.12%	0.05%
PEG	A	0.05%	0.14%	0.05%
PEP	F	0.24%	0.33%	0.24%
PFE	F	0.16%	0.26%	0.16%
PFG	D	0.02%	0.04%	0.02%
PG	C	0.42%	0.95%	0.42%
PGR	A	0.16%	0.26%	0.16%
PH	A	0.1%	0.33%	0.1%
PHM	D	0.03%	0.29%	0.03%
PKG	A	0.02%	0.07%	0.02%
PLD	F	0.11%	0.17%	0.11%
PLTR	B	0.13%	0.1%	0.1%
PM	B	0.21%	0.24%	0.21%
PPL	A	0.03%	0.18%	0.03%
PSX	C	0.06%	0.05%	0.05%
PWR	A	0.05%	0.11%	0.05%
PYPL	B	0.09%	0.15%	0.09%
QCOM	F	0.2%	0.52%	0.2%
RCL	A	0.06%	0.07%	0.06%
REGN	F	0.09%	0.2%	0.09%
ROK	C	0.04%	0.08%	0.04%
ROP	B	0.07%	0.17%	0.07%
ROST	D	0.05%	0.06%	0.05%
RSG	A	0.05%	0.05%	0.05%
RTX	D	0.17%	0.22%	0.17%
SHW	B	0.1%	0.28%	0.1%
SLB	C	0.07%	0.05%	0.05%
SMCI	F	0.01%	0.02%	0.01%
SNA	A	0.02%	0.26%	0.02%
SNPS	B	0.09%	0.1%	0.09%
SO	C	0.1%	0.22%	0.1%
SPG	A	0.06%	0.45%	0.06%
SPGI	C	0.18%	0.26%	0.18%
STLD	B	0.02%	0.11%	0.02%
STT	B	0.03%	0.09%	0.03%
SWKS	F	0.01%	0.11%	0.01%
SYF	B	0.03%	0.11%	0.03%
SYK	B	0.14%	0.37%	0.14%
T	A	0.17%	0.41%	0.17%
TGT	F	0.08%	0.2%	0.08%
TJX	A	0.15%	0.31%	0.15%
TMO	F	0.22%	0.3%	0.22%
TMUS	B	0.13%	0.4%	0.13%
TSLA	B	0.93%	1.7%	0.93%
TT	A	0.1%	0.17%	0.1%
TXN	C	0.2%	0.31%	0.2%
TXT	D	0.02%	0.16%	0.02%
UAL	A	0.03%	0.03%	0.03%
UBER	F	0.16%	0.3%	0.16%
UNH	B	0.59%	1.07%	0.59%
UNP	C	0.15%	0.39%	0.15%
UPS	C	0.1%	0.1%	0.1%
URI	C	0.06%	0.27%	0.06%
V	A	0.56%	0.64%	0.56%
VICI	C	0.04%	0.24%	0.04%
VLO	C	0.05%	0.06%	0.05%
VLTO	C	0.03%	0.03%	0.03%
VRTX	D	0.13%	0.23%	0.13%
VZ	C	0.19%	0.36%	0.19%
WAB	B	0.04%	0.18%	0.04%
WAT	C	0.02%	0.28%	0.02%
WELL	A	0.08%	0.13%	0.08%
WFC	A	0.27%	0.6%	0.27%
WMT	A	0.4%	0.88%	0.4%
WY	F	0.02%	0.14%	0.02%
XOM	B	0.58%	0.98%	0.58%
ZBH	C	0.02%	0.13%	0.02%
ZBRA	B	0.02%	0.27%	0.02%
ZTS	D	0.09%	0.08%	0.08%

PHDG Overweight 248 Positions Relative to APUE

Symbol	Grade	Weight
BKNG	A	0.18%
BLK	B	0.16%
SCHW	B	0.13%
INTC	C	0.12%
MMC	B	0.12%
SBUX	A	0.12%
NKE	F	0.1%
CME	B	0.09%
WM	B	0.09%
MSI	B	0.09%
PNC	B	0.09%
CDNS	B	0.09%
EQIX	A	0.09%
ORLY	B	0.08%
TDG	D	0.08%
MMM	D	0.08%
ITW	B	0.08%
MCO	B	0.08%
USB	A	0.08%
HLT	A	0.07%
TFC	A	0.07%
OKE	A	0.07%
AJG	A	0.07%
BDX	F	0.07%
MAR	A	0.07%
ADSK	A	0.07%
WMB	A	0.07%
NOC	D	0.07%
CSX	C	0.07%
KMI	A	0.06%
PSA	C	0.06%
AZO	C	0.06%
AMP	A	0.06%
FICO	B	0.06%
JCI	B	0.06%
NXPI	D	0.06%
SRE	A	0.06%
TRV	B	0.06%
NSC	B	0.06%
FTNT	C	0.06%
TRGP	A	0.05%
ODFL	C	0.05%
BKR	A	0.05%
F	C	0.05%
AXON	A	0.05%
DFS	B	0.05%
PRU	A	0.05%
AME	A	0.05%
PAYX	B	0.05%
FAST	B	0.05%
LHX	C	0.05%
D	C	0.05%
VST	A	0.05%
MSCI	C	0.05%
FIS	C	0.05%
MET	A	0.05%
O	C	0.05%
HUM	C	0.04%
RMD	C	0.04%
OXY	D	0.04%
FANG	C	0.04%
IDXX	F	0.04%
IQV	F	0.04%
MCHP	F	0.04%
MTB	A	0.04%
HPQ	B	0.04%
MLM	C	0.04%
GLW	B	0.04%
SYY	D	0.04%
VMC	B	0.04%
KDP	F	0.04%
GEHC	D	0.04%
STZ	D	0.04%
LULU	C	0.04%
EXC	C	0.04%
CHTR	C	0.04%
XEL	A	0.04%
YUM	D	0.04%
EA	A	0.04%
OTIS	C	0.04%
HES	B	0.04%
VRSK	A	0.04%
IT	C	0.04%
CINF	A	0.03%
SBAC	D	0.03%
BIIB	F	0.03%
RF	A	0.03%
CDW	F	0.03%
WST	C	0.03%
SW	A	0.03%
EQT	B	0.03%
HBAN	A	0.03%
AWK	C	0.03%
CPAY	A	0.03%
BRO	B	0.03%
TYL	B	0.03%
VTR	B	0.03%
MTD	F	0.03%
CHD	A	0.03%
HSY	F	0.03%
FTV	C	0.03%
HAL	C	0.03%
TROW	B	0.03%
KEYS	A	0.03%
HPE	B	0.03%
ON	D	0.03%
NVR	D	0.03%
PPG	F	0.03%
TTWO	A	0.03%
XYL	D	0.03%
ANSS	B	0.03%
RJF	A	0.03%
TSCO	D	0.03%
DXCM	C	0.03%
WEC	A	0.03%
EBAY	D	0.03%
DOW	F	0.03%
EIX	B	0.03%
WTW	B	0.03%
FITB	B	0.03%
EPAM	B	0.02%
NDSN	B	0.02%
ROL	B	0.02%
FFIV	B	0.02%
RVTY	F	0.02%
APTV	F	0.02%
JBL	C	0.02%
AMCR	C	0.02%
JBHT	C	0.02%
DOC	C	0.02%
VTRS	A	0.02%
EL	F	0.02%
LNT	A	0.02%
DPZ	C	0.02%
CF	A	0.02%
VRSN	C	0.02%
ALGN	D	0.02%
MRO	B	0.02%
AVY	F	0.02%
BAX	F	0.02%
KIM	A	0.02%
DG	F	0.02%
EXPD	C	0.02%
LVS	B	0.02%
GPC	D	0.02%
TRMB	B	0.02%
TER	F	0.02%
IEX	C	0.02%
PNR	A	0.02%
KEY	B	0.02%
WRB	A	0.02%
BBY	D	0.02%
MOH	F	0.02%
ULTA	F	0.02%
TSN	B	0.02%
PODD	C	0.02%
MAA	B	0.02%
MKC	C	0.02%
NRG	B	0.02%
FDS	B	0.02%
INVH	D	0.02%
LUV	C	0.02%
CNP	A	0.02%
LH	B	0.02%
CMS	C	0.02%
LYV	A	0.02%
STX	C	0.02%
OMC	C	0.02%
CLX	A	0.02%
WDC	D	0.02%
CFG	B	0.02%
FE	C	0.02%
BLDR	D	0.02%
NTRS	A	0.02%
LYB	F	0.02%
K	A	0.02%
STE	D	0.02%
ES	C	0.02%
WBD	B	0.02%
TDY	B	0.02%
ATO	A	0.02%
LDOS	C	0.02%
EXPE	B	0.02%
IFF	D	0.02%
PTC	B	0.02%
QRVO	F	0.01%
WBA	F	0.01%
PARA	C	0.01%
FMC	D	0.01%
DVA	C	0.01%
MHK	D	0.01%
HII	F	0.01%
BWA	D	0.01%
IVZ	B	0.01%
CE	F	0.01%
MTCH	D	0.01%
HAS	D	0.01%
APA	D	0.01%
MOS	F	0.01%
HSIC	C	0.01%
CZR	F	0.01%
RL	C	0.01%
FRT	B	0.01%
ENPH	F	0.01%
MGM	D	0.01%
WYNN	C	0.01%
AOS	F	0.01%
CPB	D	0.01%
HRL	D	0.01%
TFX	F	0.01%
SOLV	D	0.01%
GL	C	0.01%
AES	F	0.01%
MKTX	D	0.01%
CRL	D	0.01%
ERIE	D	0.01%
LKQ	F	0.01%
PNW	A	0.01%
CTLT	C	0.01%
IPG	D	0.01%
PAYC	B	0.01%
TAP	C	0.01%
NWSA	A	0.01%
AIZ	A	0.01%
GNRC	C	0.01%
TECH	F	0.01%
BXP	C	0.01%
NCLH	B	0.01%
SJM	D	0.01%
EMN	C	0.01%
UHS	D	0.01%
ALB	B	0.01%
REG	A	0.01%
DAY	B	0.01%
KMX	B	0.01%
ALLE	C	0.01%
INCY	C	0.01%
BG	D	0.01%
JNPR	D	0.01%
CPT	B	0.01%
CHRW	B	0.01%
CAG	F	0.01%
SWK	D	0.01%
TPR	B	0.01%
UDR	B	0.01%
AKAM	D	0.01%
MRNA	F	0.01%
POOL	C	0.01%

PHDG Underweight 40 Positions Relative to APUE

Symbol	Grade	Weight
DFAS	B	-4.94%
AER	A	-0.42%
AWI	A	-0.38%
CHDN	B	-0.38%
WTM	A	-0.36%
MUSA	B	-0.36%
ENTG	D	-0.32%
LANC	C	-0.29%
AXTA	B	-0.28%
POST	C	-0.26%
THG	A	-0.25%
NEU	D	-0.24%
CACC	D	-0.23%
QLYS	B	-0.23%
CWST	A	-0.21%
DASH	B	-0.2%
TTC	C	-0.2%
FR	D	-0.18%
TREX	C	-0.16%
COIN	C	-0.15%
BRKR	D	-0.14%
MTN	C	-0.14%
UNF	B	-0.14%
REYN	D	-0.14%
FNF	B	-0.13%
CNNE	B	-0.09%
ESI	B	-0.09%
CABO	B	-0.09%
LNG	A	-0.07%
CRBG	B	-0.07%
MKL	A	-0.07%
SQ	A	-0.06%
APO	B	-0.06%
RBLX	C	-0.06%
TW	A	-0.06%
IBKR	A	-0.05%
CVNA	B	-0.05%
RKT	F	-0.03%
WPC	C	-0.02%
MSTR	B	-0.02%