PHDG vs. BTAL ETF Comparison

Comparison of PowerShares S&P 500 Downside Hedged Portfolio (PHDG) to QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL)
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

$38.30

Average Daily Volume

12,482

Number of Holdings *

499

* may have additional holdings in another (foreign) market
BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.01

Average Daily Volume

445,126

Number of Holdings *

392

* may have additional holdings in another (foreign) market
Performance
Period PHDG BTAL
30 Days 0.66% -4.57%
60 Days 1.51% -3.16%
90 Days 1.58% -3.70%
12 Months 18.52% -6.81%
188 Overlapping Holdings
Symbol Grade Weight in PHDG Weight in BTAL Overlap
ABBV D 0.32% 0.36% 0.32%
ACGL D 0.04% 0.38% 0.04%
ACN C 0.24% 0.44% 0.24%
ADP B 0.13% 0.46% 0.13%
AEE A 0.03% 0.49% 0.03%
AES F 0.01% -0.35% -0.35%
AIZ A 0.01% 0.48% 0.01%
AKAM D 0.01% 0.36% 0.01%
ALB C 0.01% -0.52% -0.52%
ALGN D 0.02% -0.43% -0.43%
ALL A 0.06% 0.48% 0.06%
AMCR D 0.02% 0.39% 0.02%
AMD F 0.24% -0.4% -0.4%
AMGN D 0.17% 0.37% 0.17%
ANET C 0.11% -0.46% -0.46%
AON A 0.09% 0.47% 0.09%
ARE D 0.02% -0.4% -0.4%
AVB B 0.03% 0.45% 0.03%
AVGO D 0.86% -0.45% -0.45%
AWK D 0.03% -0.42% -0.42%
AXON A 0.05% -0.74% -0.74%
AZO C 0.06% 0.33% 0.06%
BG F 0.01% 0.4% 0.01%
BKR B 0.05% 0.53% 0.05%
BLDR D 0.02% -0.44% -0.44%
BLK C 0.16% -0.54% -0.54%
BMY B 0.13% 0.51% 0.13%
BRO B 0.03% 0.47% 0.03%
BWA D 0.01% 0.44% 0.01%
BX A 0.14% -0.57% -0.57%
BXP D 0.01% -0.46% -0.46%
CARR D 0.07% -0.45% -0.45%
CB C 0.12% 0.45% 0.12%
CBOE B 0.02% 0.43% 0.02%
CBRE B 0.04% -0.51% -0.51%
CCL B 0.03% -0.63% -0.63%
CE F 0.01% -0.24% -0.24%
CEG D 0.08% -0.52% -0.52%
CF B 0.02% 0.46% 0.02%
CFG B 0.02% -0.49% -0.49%
CHD B 0.03% 0.47% 0.03%
CHRW C 0.01% 0.45% 0.01%
CI F 0.1% 0.4% 0.1%
CINF A 0.03% 0.49% 0.03%
CME A 0.09% 0.47% 0.09%
CMG B 0.09% 0.45% 0.09%
CMS C 0.02% 0.44% 0.02%
CNC D 0.03% 0.32% 0.03%
COR B 0.05% 0.45% 0.05%
CPB D 0.01% 0.38% 0.01%
CRL C 0.01% -0.41% -0.41%
CRWD B 0.09% -0.57% -0.57%
CSCO B 0.25% 0.49% 0.25%
CSGP D 0.03% -0.42% -0.42%
CSX B 0.07% 0.45% 0.07%
CTSH B 0.04% 0.43% 0.04%
CZR F 0.01% -0.42% -0.42%
D C 0.05% -0.45% -0.45%
DAL C 0.04% -0.68% -0.68%
DAY B 0.01% -0.56% -0.56%
DD D 0.04% 0.43% 0.04%
DECK A 0.03% 0.44% 0.03%
DELL C 0.04% -0.53% -0.53%
DGX A 0.02% 0.45% 0.02%
DRI B 0.02% 0.46% 0.02%
DUK C 0.09% 0.43% 0.09%
DVN F 0.03% 0.37% 0.03%
ED D 0.04% 0.42% 0.04%
EFX F 0.03% -0.35% -0.35%
EG C 0.02% 0.42% 0.02%
EL F 0.02% -0.31% -0.31%
ELV F 0.1% 0.33% 0.1%
ENPH F 0.01% -0.23% -0.23%
EQR B 0.03% 0.44% 0.03%
EQT B 0.03% -0.59% -0.59%
ERIE D 0.01% 0.38% 0.01%
ETN A 0.16% -0.52% -0.52%
EW C 0.04% -0.44% -0.44%
EXPE B 0.02% -0.56% -0.56%
F C 0.05% -0.44% -0.44%
FANG D 0.04% 0.39% 0.04%
FCX D 0.07% -0.42% -0.42%
FFIV B 0.02% 0.52% 0.02%
FMC D 0.01% 0.37% 0.01%
FOXA B 0.01% 0.48% 0.01%
FTNT C 0.06% 0.52% 0.06%
GD F 0.08% 0.41% 0.08%
GILD C 0.12% 0.49% 0.12%
GIS D 0.04% 0.38% 0.04%
GLW B 0.04% 0.47% 0.04%
GNRC B 0.01% -0.51% -0.51%
GPC D 0.02% 0.37% 0.02%
HIG B 0.04% 0.45% 0.04%
HON B 0.16% 0.47% 0.16%
HPQ B 0.04% 0.45% 0.04%
HUM C 0.04% 0.34% 0.04%
IBM C 0.21% 0.45% 0.21%
IDXX F 0.04% -0.39% -0.39%
INTC D 0.12% -0.54% -0.54%
J F 0.02% 0.41% 0.02%
JNJ D 0.39% 0.42% 0.39%
JNPR F 0.01% 0.39% 0.01%
KHC F 0.03% 0.38% 0.03%
KKR A 0.11% -0.55% -0.55%
KMI A 0.06% 0.56% 0.06%
KMX B 0.01% -0.4% -0.4%
KO D 0.26% 0.37% 0.26%
KR B 0.04% 0.47% 0.04%
L A 0.02% 0.45% 0.02%
LMT D 0.12% 0.38% 0.12%
LNT A 0.02% 0.46% 0.02%
LRCX F 0.11% -0.36% -0.36%
LULU C 0.04% 0.48% 0.04%
LYV A 0.02% -0.62% -0.62%
MCD D 0.23% 0.42% 0.23%
MCK B 0.09% 0.51% 0.09%
MGM D 0.01% -0.43% -0.43%
MKC D 0.02% 0.41% 0.02%
MMC B 0.12% 0.42% 0.12%
MOH F 0.02% 0.36% 0.02%
MOS F 0.01% 0.38% 0.01%
MPWR F 0.03% -0.24% -0.24%
MRNA F 0.01% -0.22% -0.22%
MSFT F 3.42% 0.43% 0.43%
MSI B 0.09% 0.51% 0.09%
MTCH D 0.01% 0.35% 0.01%
MU D 0.12% -0.43% -0.43%
NEM D 0.05% 0.35% 0.05%
NOC D 0.07% 0.4% 0.07%
NRG B 0.02% -0.49% -0.49%
NTRS A 0.02% -0.54% -0.54%
NVDA C 3.89% -0.48% -0.48%
O D 0.05% 0.39% 0.05%
ON D 0.03% 0.38% 0.03%
ORLY B 0.08% 0.5% 0.08%
OXY D 0.04% 0.38% 0.04%
PAYC B 0.01% 0.59% 0.01%
PAYX C 0.05% 0.47% 0.05%
PCAR B 0.07% 0.51% 0.07%
PFE D 0.16% 0.37% 0.16%
PGR A 0.16% 0.45% 0.16%
PKG A 0.02% 0.49% 0.02%
PLD D 0.11% -0.39% -0.39%
PLTR B 0.13% -0.87% -0.87%
PNW B 0.01% 0.45% 0.01%
PODD C 0.02% -0.59% -0.59%
PWR A 0.05% -0.51% -0.51%
PYPL B 0.09% -0.52% -0.52%
REG B 0.01% 0.45% 0.01%
RF A 0.03% -0.5% -0.5%
RMD C 0.04% -0.45% -0.45%
ROP B 0.07% 0.45% 0.07%
RSG A 0.05% 0.43% 0.05%
RTX C 0.17% 0.43% 0.17%
SCHW B 0.13% -0.56% -0.56%
SHW A 0.1% -0.47% -0.47%
SMCI F 0.01% -0.18% -0.18%
SNA A 0.02% 0.55% 0.02%
T A 0.17% 0.5% 0.17%
TDY B 0.02% 0.48% 0.02%
TER D 0.02% -0.33% -0.33%
TFX F 0.01% -0.36% -0.36%
TGT F 0.08% -0.44% -0.44%
TJX A 0.15% 0.43% 0.15%
TMUS B 0.13% 0.49% 0.13%
TROW B 0.03% -0.48% -0.48%
TRV B 0.06% 0.52% 0.06%
TSLA B 0.93% -0.7% -0.7%
TT A 0.1% -0.51% -0.51%
TXT D 0.02% 0.4% 0.02%
UBER D 0.16% -0.42% -0.42%
UNH C 0.59% 0.43% 0.43%
URI B 0.06% -0.52% -0.52%
USB A 0.08% -0.49% -0.49%
VICI C 0.04% 0.42% 0.04%
VRSN F 0.02% 0.43% 0.02%
VST B 0.05% -0.76% -0.76%
VTRS A 0.02% 0.48% 0.02%
VZ C 0.19% 0.44% 0.19%
WBA F 0.01% -0.4% -0.4%
WEC A 0.03% 0.46% 0.03%
WELL A 0.08% 0.5% 0.08%
WM A 0.09% 0.45% 0.09%
WRB A 0.02% 0.45% 0.02%
WTW B 0.03% 0.45% 0.03%
XEL A 0.04% 0.5% 0.04%
XOM B 0.58% 0.44% 0.44%
YUM B 0.04% 0.43% 0.04%
PHDG Overweight 311 Positions Relative to BTAL
Symbol Grade Weight
AAPL C 3.74%
AMZN C 2.13%
META D 1.36%
GOOGL C 1.11%
GOOG C 0.92%
BRK.A B 0.92%
JPM A 0.74%
LLY F 0.67%
V A 0.56%
MA C 0.46%
COST B 0.44%
HD A 0.43%
PG A 0.42%
WMT A 0.4%
NFLX A 0.39%
CRM B 0.35%
BAC A 0.33%
ORCL B 0.32%
CVX A 0.3%
WFC A 0.27%
MRK F 0.27%
ADBE C 0.25%
PEP F 0.24%
NOW A 0.23%
LIN D 0.23%
ABT B 0.22%
TMO F 0.22%
ISRG A 0.21%
GE D 0.21%
INTU C 0.21%
DIS B 0.21%
PM B 0.21%
QCOM F 0.2%
GS A 0.2%
CAT B 0.2%
TXN C 0.2%
SPGI C 0.18%
MS A 0.18%
CMCSA B 0.18%
BKNG A 0.18%
DHR F 0.17%
AMAT F 0.17%
LOW D 0.17%
NEE D 0.17%
AXP A 0.17%
UNP C 0.15%
PANW C 0.14%
BSX B 0.14%
C A 0.14%
COP C 0.14%
SYK C 0.14%
FI A 0.13%
VRTX F 0.13%
MDT D 0.12%
SBUX A 0.12%
BA F 0.11%
DE A 0.11%
ADI D 0.11%
PH A 0.1%
GEV B 0.1%
ICE C 0.1%
AMT D 0.1%
NKE D 0.1%
MO A 0.1%
SO D 0.1%
UPS C 0.1%
ZTS D 0.09%
PNC B 0.09%
REGN F 0.09%
CDNS B 0.09%
SNPS B 0.09%
EQIX A 0.09%
KLAC D 0.09%
APH A 0.09%
MDLZ F 0.09%
COF B 0.08%
APD A 0.08%
TDG D 0.08%
MMM D 0.08%
ITW B 0.08%
EMR A 0.08%
CTAS B 0.08%
CL D 0.08%
MCO B 0.08%
EOG A 0.08%
HLT A 0.07%
SLB C 0.07%
TFC A 0.07%
ECL D 0.07%
OKE A 0.07%
HCA F 0.07%
AJG B 0.07%
GM B 0.07%
BDX F 0.07%
MAR B 0.07%
FDX B 0.07%
ADSK A 0.07%
WMB A 0.07%
CVS D 0.07%
PSA D 0.06%
GWW B 0.06%
MPC D 0.06%
PSX C 0.06%
SPG B 0.06%
DLR B 0.06%
RCL A 0.06%
AMP A 0.06%
AFL B 0.06%
FICO B 0.06%
JCI C 0.06%
NXPI D 0.06%
BK A 0.06%
SRE A 0.06%
ABNB C 0.06%
NSC B 0.06%
TRGP B 0.05%
ODFL B 0.05%
PEG A 0.05%
DFS B 0.05%
KMB D 0.05%
CCI D 0.05%
VLO C 0.05%
PCG A 0.05%
PRU A 0.05%
AME A 0.05%
KVUE A 0.05%
HWM A 0.05%
FAST B 0.05%
LHX C 0.05%
ROST C 0.05%
MSCI C 0.05%
DHI D 0.05%
FIS C 0.05%
MET A 0.05%
AIG B 0.05%
AEP D 0.05%
CMI A 0.05%
CPRT A 0.05%
ROK B 0.04%
IRM D 0.04%
WAB B 0.04%
EXR D 0.04%
NUE C 0.04%
IQV D 0.04%
MCHP D 0.04%
MTB A 0.04%
MLM B 0.04%
SYY B 0.04%
VMC B 0.04%
KDP D 0.04%
GEHC F 0.04%
STZ D 0.04%
A D 0.04%
EXC C 0.04%
CHTR C 0.04%
MNST C 0.04%
EA A 0.04%
CTVA C 0.04%
OTIS C 0.04%
HES B 0.04%
VRSK A 0.04%
LEN D 0.04%
IT C 0.04%
IR B 0.04%
SBAC D 0.03%
HUBB B 0.03%
BIIB F 0.03%
CDW F 0.03%
NTAP C 0.03%
PPL B 0.03%
WST C 0.03%
DTE C 0.03%
SW A 0.03%
ADM D 0.03%
VLTO D 0.03%
HBAN A 0.03%
SYF B 0.03%
CPAY A 0.03%
GDDY A 0.03%
TYL B 0.03%
VTR C 0.03%
MTD D 0.03%
HSY F 0.03%
FTV C 0.03%
BR A 0.03%
HAL C 0.03%
PHM D 0.03%
KEYS A 0.03%
DOV A 0.03%
HPE B 0.03%
STT A 0.03%
NVR D 0.03%
PPG F 0.03%
GPN B 0.03%
CAH B 0.03%
TTWO A 0.03%
XYL D 0.03%
ANSS B 0.03%
RJF A 0.03%
TSCO D 0.03%
DXCM D 0.03%
UAL A 0.03%
EBAY D 0.03%
DOW F 0.03%
ETR B 0.03%
EIX B 0.03%
FITB A 0.03%
NDAQ A 0.03%
GRMN B 0.03%
EPAM C 0.02%
NDSN B 0.02%
ROL B 0.02%
RVTY F 0.02%
APTV D 0.02%
EVRG A 0.02%
JBL B 0.02%
JBHT C 0.02%
DOC D 0.02%
DPZ C 0.02%
MRO B 0.02%
AVY D 0.02%
NI A 0.02%
BAX D 0.02%
GEN B 0.02%
KIM A 0.02%
DG F 0.02%
EXPD D 0.02%
LVS C 0.02%
MAS D 0.02%
TRMB B 0.02%
IEX B 0.02%
PNR A 0.02%
KEY B 0.02%
BBY D 0.02%
HOLX D 0.02%
ULTA F 0.02%
TSN B 0.02%
PFG D 0.02%
MAA B 0.02%
CTRA B 0.02%
BALL D 0.02%
FDS B 0.02%
INVH D 0.02%
ESS B 0.02%
LUV C 0.02%
CNP B 0.02%
IP B 0.02%
STLD B 0.02%
LH C 0.02%
ZBRA B 0.02%
STX D 0.02%
OMC C 0.02%
CLX B 0.02%
WDC D 0.02%
FSLR F 0.02%
FE C 0.02%
LYB F 0.02%
K A 0.02%
STE F 0.02%
ES D 0.02%
WBD C 0.02%
ZBH C 0.02%
WAT B 0.02%
ATO A 0.02%
WY D 0.02%
LDOS C 0.02%
IFF D 0.02%
PTC A 0.02%
FOX A 0.01%
QRVO F 0.01%
BEN C 0.01%
PARA C 0.01%
DVA B 0.01%
MHK D 0.01%
HII D 0.01%
IVZ B 0.01%
HAS D 0.01%
APA D 0.01%
HSIC B 0.01%
RL B 0.01%
FRT B 0.01%
WYNN D 0.01%
AOS F 0.01%
HRL D 0.01%
SOLV C 0.01%
GL B 0.01%
MKTX D 0.01%
LKQ D 0.01%
CTLT B 0.01%
IPG D 0.01%
TAP C 0.01%
NWSA B 0.01%
TECH D 0.01%
LW C 0.01%
NCLH B 0.01%
SJM D 0.01%
EMN D 0.01%
UHS D 0.01%
HST C 0.01%
ALLE D 0.01%
INCY C 0.01%
JKHY D 0.01%
CPT B 0.01%
CAG D 0.01%
SWK D 0.01%
DLTR F 0.01%
TPR B 0.01%
UDR B 0.01%
SWKS F 0.01%
POOL C 0.01%
NWS B 0.0%
PHDG Underweight 204 Positions Relative to BTAL
Symbol Grade Weight
MSTR C -1.19%
BILL A -0.68%
IBKR A -0.62%
SFM A -0.6%
LPLA A -0.59%
HQY B -0.58%
UNM A -0.57%
ALSN B -0.56%
CFLT B -0.56%
NWL B -0.54%
PCTY B -0.53%
MKL A -0.53%
WH B -0.53%
BWXT B -0.53%
TGNA B -0.53%
TXRH C -0.51%
RLI B -0.51%
THG A -0.51%
LNG B -0.51%
CHH A -0.5%
PNM F -0.5%
G B -0.49%
VFC C -0.48%
SIGI C -0.48%
RGA A -0.48%
AXS A -0.48%
SBRA C -0.47%
DBX B -0.47%
HEI B -0.47%
CW B -0.47%
RYAN B -0.47%
EDR A -0.46%
WEN D -0.46%
SLGN A -0.46%
RNR C -0.46%
ORI A -0.46%
UTHR C -0.45%
ARMK B -0.45%
ADC B -0.45%
JAZZ B -0.44%
CDP C -0.44%
NEU C -0.44%
DOX D -0.43%
DLB B -0.43%
CLH B -0.43%
ZI D -0.43%
MUSA A -0.43%
X C -0.43%
OHI C -0.43%
ELS C -0.43%
CCK C -0.43%
MSM C -0.43%
COLM B -0.43%
FLO D -0.42%
AVT C -0.42%
CACI D -0.42%
CXT B -0.42%
GLPI C -0.42%
HRB D -0.41%
WPC D -0.41%
SNX C -0.41%
OLLI D -0.41%
PAG B -0.41%
SAIC F -0.4%
CHE D -0.4%
MSA D -0.4%
ASGN F -0.39%
WTM A -0.39%
FCN D -0.38%
MAN D -0.37%
KBR F -0.37%
ARW D -0.37%
TNET D -0.37%
MUR D -0.37%
ST F -0.36%
FOXF F -0.35%
MDU D -0.32%
SRPT D -0.32%
BMRN D -0.29%
AGL F -0.16%
SEDG F --0.19%
RUN F --0.21%
CNXC F --0.23%
WOLF F --0.25%
TXG F --0.26%
NTLA F --0.27%
RKT F --0.29%
CELH F --0.29%
RIVN F --0.3%
OPEN D --0.3%
BRZE C --0.33%
COTY F --0.33%
AMKR D --0.34%
ELF C --0.35%
SHLS F --0.35%
ARWR F --0.35%
DKS C --0.37%
WMS D --0.37%
RGEN D --0.37%
ALLY C --0.37%
NVCR C --0.38%
RIG D --0.38%
CNM D --0.38%
DINO D --0.39%
KSS F --0.39%
ELAN D --0.39%
PINS D --0.4%
FND C --0.4%
MKSI C --0.4%
BLD D --0.4%
FBIN D --0.41%
ROIV C --0.41%
AGNC D --0.41%
W F --0.41%
POWI D --0.41%
DNLI D --0.42%
CHX C --0.42%
CWEN C --0.42%
ILMN D --0.43%
CC C --0.43%
CRSP D --0.43%
PATH C --0.43%
SSD D --0.43%
SEE C --0.44%
THO B --0.44%
TRU D --0.44%
UGI A --0.44%
RYN D --0.44%
APG B --0.44%
BBWI D --0.44%
TREX C --0.45%
NWE B --0.45%
DAR C --0.45%
MTDR B --0.45%
OC A --0.46%
SMG D --0.46%
VEEV C --0.46%
LAMR D --0.46%
ZS C --0.46%
KRC C --0.46%
JLL D --0.46%
PENN C --0.46%
TOL B --0.47%
ROKU D --0.47%
HHH B --0.47%
LNC B --0.48%
AXTA A --0.49%
OZK B --0.49%
USFD A --0.49%
PFGC B --0.49%
ITT A --0.49%
WAL B --0.49%
GH B --0.49%
SNAP C --0.49%
NVT B --0.49%
TTD B --0.5%
NET B --0.5%
CAR C --0.51%
RMBS C --0.51%
RBLX C --0.51%
RRC B --0.51%
LPX B --0.52%
COHR B --0.52%
PEN B --0.52%
IOT A --0.52%
VNO B --0.52%
ZION B --0.53%
MDB C --0.53%
AR B --0.53%
JHG A --0.53%
EXP A --0.53%
RH B --0.53%
FYBR D --0.53%
DKNG B --0.53%
SNV B --0.54%
FOUR B --0.54%
XPO B --0.54%
CMA A --0.54%
CG A --0.55%
PNFP B --0.55%
WCC B --0.55%
AA B --0.56%
Z A --0.56%
GME C --0.56%
MRVL B --0.56%
TDOC C --0.56%
NTRA B --0.56%
GTLS B --0.58%
OWL A --0.58%
TPG A --0.58%
DASH A --0.59%
SAIA B --0.59%
SQ B --0.6%
LITE B --0.62%
DUOL A --0.63%
LYFT C --0.65%
VRT B --0.67%
CVNA B --0.68%
PTON B --0.69%
TOST B --0.71%
COIN C --0.71%
HOOD B --0.72%
SOFI A --0.79%
AFRM B --0.84%
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