PHDG vs. FEX ETF Comparison

Comparison of PowerShares S&P 500 Downside Hedged Portfolio (PHDG) to First Trust Large Cap Core AlphaDEX (FEX)
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

$38.27

Average Daily Volume

12,398

Number of Holdings *

499

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

First Trust Large Cap Core AlphaDEX

FEX Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Core Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$111.89

Average Daily Volume

18,794

Number of Holdings *

373

* may have additional holdings in another (foreign) market
Performance
Period PHDG FEX
30 Days -1.45% 5.24%
60 Days 1.30% 7.76%
90 Days 1.18% 9.59%
12 Months 18.05% 32.25%
330 Overlapping Holdings
Symbol Grade Weight in PHDG Weight in FEX Overlap
AAPL C 3.74% 0.17% 0.17%
ABT B 0.22% 0.09% 0.09%
ACGL C 0.04% 0.29% 0.04%
ACN B 0.24% 0.08% 0.08%
ADM D 0.03% 0.37% 0.03%
ADSK A 0.07% 0.09% 0.07%
AEE A 0.03% 0.36% 0.03%
AEP C 0.05% 0.32% 0.05%
AFL B 0.06% 0.34% 0.06%
AIG B 0.05% 0.35% 0.05%
AJG A 0.07% 0.18% 0.07%
AKAM D 0.01% 0.29% 0.01%
ALL A 0.06% 0.45% 0.06%
AMGN F 0.17% 0.07% 0.07%
AMP A 0.06% 0.31% 0.06%
AMT C 0.1% 0.14% 0.1%
AMZN C 2.13% 0.09% 0.09%
ANET C 0.11% 0.33% 0.11%
AON A 0.09% 0.09% 0.09%
APD A 0.08% 0.19% 0.08%
APH A 0.09% 0.09% 0.09%
APTV F 0.02% 0.31% 0.02%
ARE F 0.02% 0.15% 0.02%
ATO A 0.02% 0.36% 0.02%
AVB B 0.03% 0.09% 0.03%
AVGO D 0.86% 0.24% 0.24%
AVY F 0.02% 0.08% 0.02%
AWK C 0.03% 0.16% 0.03%
AXON A 0.05% 0.64% 0.05%
AXP A 0.17% 0.45% 0.17%
AZO C 0.06% 0.08% 0.06%
BAC A 0.33% 0.3% 0.3%
BBY D 0.02% 0.22% 0.02%
BDX F 0.07% 0.08% 0.07%
BG D 0.01% 0.4% 0.01%
BIIB F 0.03% 0.21% 0.03%
BK A 0.06% 0.46% 0.06%
BKNG A 0.18% 0.3% 0.18%
BKR A 0.05% 0.4% 0.05%
BLDR D 0.02% 0.31% 0.02%
BLK B 0.16% 0.09% 0.09%
BR A 0.03% 0.18% 0.03%
BRK.A B 0.92% 0.26% 0.26%
BRO B 0.03% 0.36% 0.03%
BSX A 0.14% 0.27% 0.14%
C A 0.14% 0.37% 0.14%
CAG F 0.01% 0.07% 0.01%
CARR C 0.07% 0.23% 0.07%
CAT B 0.2% 0.25% 0.2%
CB C 0.12% 0.34% 0.12%
CBOE C 0.02% 0.09% 0.02%
CCI C 0.05% 0.07% 0.05%
CCL A 0.03% 0.45% 0.03%
CE F 0.01% 0.23% 0.01%
CEG C 0.08% 0.3% 0.08%
CF A 0.02% 0.43% 0.02%
CFG B 0.02% 0.38% 0.02%
CHTR C 0.04% 0.3% 0.04%
CI D 0.1% 0.16% 0.1%
CINF A 0.03% 0.47% 0.03%
CL D 0.08% 0.15% 0.08%
CLX A 0.02% 0.09% 0.02%
CMCSA B 0.18% 0.44% 0.18%
CMG B 0.09% 0.09% 0.09%
CMI A 0.05% 0.19% 0.05%
CMS C 0.02% 0.25% 0.02%
CNC D 0.03% 0.33% 0.03%
CNP A 0.02% 0.36% 0.02%
COF C 0.08% 0.41% 0.08%
COP C 0.14% 0.46% 0.14%
COST A 0.44% 0.35% 0.35%
CPAY A 0.03% 0.2% 0.03%
CPB D 0.01% 0.15% 0.01%
CSCO B 0.25% 0.27% 0.25%
CSX C 0.07% 0.26% 0.07%
CTAS B 0.08% 0.36% 0.08%
CTRA B 0.02% 0.46% 0.02%
CTSH B 0.04% 0.42% 0.04%
CTVA C 0.04% 0.16% 0.04%
CVS D 0.07% 0.38% 0.07%
CVX A 0.3% 0.46% 0.3%
D C 0.05% 0.25% 0.05%
DAL B 0.04% 0.53% 0.04%
DD C 0.04% 0.16% 0.04%
DE B 0.11% 0.25% 0.11%
DECK A 0.03% 0.19% 0.03%
DELL B 0.04% 0.19% 0.04%
DG F 0.02% 0.31% 0.02%
DGX A 0.02% 0.35% 0.02%
DHI F 0.05% 0.36% 0.05%
DIS B 0.21% 0.2% 0.2%
DOC C 0.02% 0.15% 0.02%
DOV A 0.03% 0.09% 0.03%
DOW F 0.03% 0.21% 0.03%
DRI B 0.02% 0.17% 0.02%
DTE C 0.03% 0.32% 0.03%
DUK C 0.09% 0.33% 0.09%
DVN F 0.03% 0.42% 0.03%
EBAY D 0.03% 0.32% 0.03%
ECL D 0.07% 0.16% 0.07%
ED C 0.04% 0.31% 0.04%
EFX F 0.03% 0.21% 0.03%
EG C 0.02% 0.4% 0.02%
EIX B 0.03% 0.25% 0.03%
ELV F 0.1% 0.2% 0.1%
EMR B 0.08% 0.1% 0.08%
EOG A 0.08% 0.47% 0.08%
EQIX A 0.09% 0.09% 0.09%
EQR C 0.03% 0.25% 0.03%
EQT B 0.03% 0.41% 0.03%
ERIE D 0.01% 0.32% 0.01%
ESS B 0.02% 0.09% 0.02%
ETN A 0.16% 0.18% 0.16%
ETR B 0.03% 0.38% 0.03%
EXC C 0.04% 0.33% 0.04%
EXPD C 0.02% 0.08% 0.02%
EXPE B 0.02% 0.52% 0.02%
EXR C 0.04% 0.15% 0.04%
F C 0.05% 0.45% 0.05%
FANG C 0.04% 0.45% 0.04%
FCX F 0.07% 0.07% 0.07%
FDX B 0.07% 0.37% 0.07%
FE C 0.02% 0.16% 0.02%
FI A 0.13% 0.4% 0.13%
FICO B 0.06% 0.5% 0.06%
FITB B 0.03% 0.28% 0.03%
FOXA A 0.01% 0.45% 0.01%
FSLR F 0.02% 0.27% 0.02%
FTNT C 0.06% 0.3% 0.06%
FTV C 0.03% 0.16% 0.03%
GD D 0.08% 0.16% 0.08%
GDDY A 0.03% 0.4% 0.03%
GE D 0.21% 0.32% 0.21%
GEHC D 0.04% 0.07% 0.04%
GEN B 0.02% 0.36% 0.02%
GIS D 0.04% 0.22% 0.04%
GM C 0.07% 0.53% 0.07%
GOOGL C 1.11% 0.09% 0.09%
GPC D 0.02% 0.23% 0.02%
GRMN B 0.03% 0.3% 0.03%
GS A 0.2% 0.5% 0.2%
GWW B 0.06% 0.29% 0.06%
HAL C 0.03% 0.44% 0.03%
HBAN A 0.03% 0.41% 0.03%
HCA F 0.07% 0.35% 0.07%
HD B 0.43% 0.09% 0.09%
HIG B 0.04% 0.34% 0.04%
HLT A 0.07% 0.27% 0.07%
HOLX D 0.02% 0.16% 0.02%
HPE B 0.03% 0.44% 0.03%
HPQ B 0.04% 0.09% 0.04%
HRL D 0.01% 0.24% 0.01%
HSY F 0.03% 0.15% 0.03%
HUBB B 0.03% 0.18% 0.03%
HUM C 0.04% 0.22% 0.04%
HWM A 0.05% 0.48% 0.05%
IBM C 0.21% 0.32% 0.21%
ICE C 0.1% 0.25% 0.1%
IEX C 0.02% 0.18% 0.02%
INTC C 0.12% 0.36% 0.12%
IP A 0.02% 0.4% 0.02%
IQV F 0.04% 0.07% 0.04%
IR B 0.04% 0.18% 0.04%
IRM C 0.04% 0.41% 0.04%
ISRG A 0.21% 0.27% 0.21%
IT C 0.04% 0.17% 0.04%
J D 0.02% 0.18% 0.02%
JBHT C 0.02% 0.27% 0.02%
JCI B 0.06% 0.09% 0.06%
JNJ C 0.39% 0.24% 0.24%
JPM A 0.74% 0.3% 0.3%
KDP F 0.04% 0.21% 0.04%
KEY B 0.02% 0.19% 0.02%
KEYS A 0.03% 0.16% 0.03%
KHC F 0.03% 0.22% 0.03%
KIM A 0.02% 0.18% 0.02%
KKR A 0.11% 0.49% 0.11%
KLAC F 0.09% 0.07% 0.07%
KMB C 0.05% 0.08% 0.05%
KMI A 0.06% 0.43% 0.06%
KO D 0.26% 0.15% 0.15%
KR B 0.04% 0.34% 0.04%
L A 0.02% 0.36% 0.02%
LEN D 0.04% 0.38% 0.04%
LH B 0.02% 0.18% 0.02%
LHX C 0.05% 0.17% 0.05%
LLY F 0.67% 0.14% 0.14%
LMT D 0.12% 0.08% 0.08%
LNT A 0.02% 0.26% 0.02%
LOW C 0.17% 0.08% 0.08%
LUV C 0.02% 0.28% 0.02%
LVS B 0.02% 0.17% 0.02%
LYB F 0.02% 0.37% 0.02%
LYV A 0.02% 0.41% 0.02%
MA B 0.46% 0.09% 0.09%
MAA B 0.02% 0.17% 0.02%
MAR A 0.07% 0.1% 0.07%
MAS D 0.02% 0.08% 0.02%
MCD D 0.23% 0.08% 0.08%
MCO B 0.08% 0.25% 0.08%
MDLZ F 0.09% 0.15% 0.09%
MDT D 0.12% 0.16% 0.12%
MET A 0.05% 0.09% 0.05%
META D 1.36% 0.33% 0.33%
MKC C 0.02% 0.08% 0.02%
MMC B 0.12% 0.08% 0.08%
MO A 0.1% 0.09% 0.09%
MOH F 0.02% 0.14% 0.02%
MPC D 0.06% 0.42% 0.06%
MPWR F 0.03% 0.11% 0.03%
MS A 0.18% 0.33% 0.18%
MSCI C 0.05% 0.09% 0.05%
MSI B 0.09% 0.37% 0.09%
MTB A 0.04% 0.41% 0.04%
MU D 0.12% 0.08% 0.08%
NDAQ A 0.03% 0.19% 0.03%
NDSN B 0.02% 0.08% 0.02%
NEE C 0.17% 0.31% 0.17%
NFLX A 0.39% 0.3% 0.3%
NI A 0.02% 0.36% 0.02%
NKE F 0.1% 0.14% 0.1%
NOC D 0.07% 0.08% 0.07%
NOW A 0.23% 0.29% 0.23%
NRG B 0.02% 0.43% 0.02%
NSC B 0.06% 0.09% 0.06%
NTAP C 0.03% 0.16% 0.03%
NTRS A 0.02% 0.31% 0.02%
NUE C 0.04% 0.41% 0.04%
NVDA B 3.89% 0.29% 0.29%
NVR D 0.03% 0.23% 0.03%
NWSA A 0.01% 0.18% 0.01%
O C 0.05% 0.15% 0.05%
ODFL C 0.05% 0.09% 0.05%
OKE A 0.07% 0.31% 0.07%
OMC C 0.02% 0.16% 0.02%
ON D 0.03% 0.39% 0.03%
ORCL A 0.32% 0.37% 0.32%
ORLY B 0.08% 0.09% 0.08%
OTIS C 0.04% 0.08% 0.04%
OXY D 0.04% 0.42% 0.04%
PANW B 0.14% 0.1% 0.1%
PAYX B 0.05% 0.09% 0.05%
PCAR B 0.07% 0.48% 0.07%
PCG A 0.05% 0.27% 0.05%
PEG A 0.05% 0.25% 0.05%
PEP F 0.24% 0.08% 0.08%
PFG D 0.02% 0.17% 0.02%
PGR A 0.16% 0.43% 0.16%
PH A 0.1% 0.37% 0.1%
PHM D 0.03% 0.38% 0.03%
PKG A 0.02% 0.28% 0.02%
PLTR B 0.13% 0.7% 0.13%
PM B 0.21% 0.37% 0.21%
PNC B 0.09% 0.19% 0.09%
POOL C 0.01% 0.08% 0.01%
PPG F 0.03% 0.24% 0.03%
PPL A 0.03% 0.26% 0.03%
PRU A 0.05% 0.18% 0.05%
PSA C 0.06% 0.24% 0.06%
PSX C 0.06% 0.42% 0.06%
PWR A 0.05% 0.47% 0.05%
PYPL B 0.09% 0.18% 0.09%
RCL A 0.06% 0.55% 0.06%
RF A 0.03% 0.29% 0.03%
RJF A 0.03% 0.23% 0.03%
RMD C 0.04% 0.33% 0.04%
ROL B 0.02% 0.08% 0.02%
ROST D 0.05% 0.16% 0.05%
RSG A 0.05% 0.09% 0.05%
RVTY F 0.02% 0.07% 0.02%
SBAC D 0.03% 0.08% 0.03%
SBUX A 0.12% 0.09% 0.09%
SHW B 0.1% 0.25% 0.1%
SLB C 0.07% 0.44% 0.07%
SNA A 0.02% 0.52% 0.02%
SO C 0.1% 0.17% 0.1%
SPG A 0.06% 0.18% 0.06%
SPGI C 0.18% 0.25% 0.18%
SRE A 0.06% 0.38% 0.06%
STLD B 0.02% 0.47% 0.02%
STT B 0.03% 0.28% 0.03%
STX C 0.02% 0.22% 0.02%
SWKS F 0.01% 0.36% 0.01%
SYF B 0.03% 0.54% 0.03%
SYK B 0.14% 0.09% 0.09%
SYY D 0.04% 0.16% 0.04%
T A 0.17% 0.44% 0.17%
TDG D 0.08% 0.22% 0.08%
TDY B 0.02% 0.27% 0.02%
TGT F 0.08% 0.34% 0.08%
TJX A 0.15% 0.26% 0.15%
TMO F 0.22% 0.07% 0.07%
TMUS B 0.13% 0.39% 0.13%
TRGP A 0.05% 0.46% 0.05%
TROW B 0.03% 0.46% 0.03%
TRV B 0.06% 0.28% 0.06%
TSCO D 0.03% 0.16% 0.03%
TSLA B 0.93% 0.22% 0.22%
TSN B 0.02% 0.18% 0.02%
TT A 0.1% 0.45% 0.1%
TXT D 0.02% 0.32% 0.02%
TYL B 0.03% 0.26% 0.03%
UAL A 0.03% 0.67% 0.03%
UBER F 0.16% 0.16% 0.16%
ULTA F 0.02% 0.31% 0.02%
UPS C 0.1% 0.17% 0.1%
URI C 0.06% 0.44% 0.06%
USB A 0.08% 0.28% 0.08%
VICI C 0.04% 0.08% 0.04%
VLO C 0.05% 0.45% 0.05%
VLTO C 0.03% 0.23% 0.03%
VRTX D 0.13% 0.08% 0.08%
VST A 0.05% 0.52% 0.05%
VTR B 0.03% 0.34% 0.03%
VTRS A 0.02% 0.38% 0.02%
VZ C 0.19% 0.32% 0.19%
WAB B 0.04% 0.46% 0.04%
WAT C 0.02% 0.08% 0.02%
WEC A 0.03% 0.26% 0.03%
WELL A 0.08% 0.27% 0.08%
WFC A 0.27% 0.44% 0.27%
WMB A 0.07% 0.11% 0.07%
WRB A 0.02% 0.18% 0.02%
WST C 0.03% 0.09% 0.03%
WY F 0.02% 0.16% 0.02%
XEL A 0.04% 0.36% 0.04%
XOM B 0.58% 0.43% 0.43%
XYL D 0.03% 0.15% 0.03%
ZBH C 0.02% 0.35% 0.02%
ZTS D 0.09% 0.08% 0.08%
PHDG Overweight 169 Positions Relative to FEX
Symbol Grade Weight
MSFT D 3.42%
GOOG C 0.92%
UNH B 0.59%
V A 0.56%
PG C 0.42%
WMT A 0.4%
CRM B 0.35%
ABBV F 0.32%
MRK D 0.27%
ADBE C 0.25%
AMD F 0.24%
LIN C 0.23%
INTU B 0.21%
QCOM F 0.2%
TXN C 0.2%
DHR F 0.17%
AMAT F 0.17%
RTX D 0.17%
PFE F 0.16%
HON C 0.16%
UNP C 0.15%
BX A 0.14%
BMY B 0.13%
SCHW B 0.13%
ADP A 0.13%
GILD C 0.12%
LRCX F 0.11%
BA F 0.11%
ADI D 0.11%
PLD F 0.11%
GEV B 0.1%
MCK A 0.09%
CRWD B 0.09%
CME B 0.09%
WM B 0.09%
REGN F 0.09%
CDNS B 0.09%
SNPS B 0.09%
MMM D 0.08%
ITW B 0.08%
ROP B 0.07%
TFC A 0.07%
DLR B 0.06%
NXPI D 0.06%
ABNB C 0.06%
COR B 0.05%
DFS B 0.05%
AME A 0.05%
KVUE A 0.05%
NEM D 0.05%
FAST B 0.05%
FIS C 0.05%
CPRT B 0.05%
ROK C 0.04%
IDXX F 0.04%
MCHP F 0.04%
MLM C 0.04%
GLW B 0.04%
VMC B 0.04%
STZ D 0.04%
A D 0.04%
LULU C 0.04%
YUM D 0.04%
MNST C 0.04%
EA A 0.04%
CBRE B 0.04%
EW C 0.04%
HES B 0.04%
VRSK A 0.04%
CDW F 0.03%
SW A 0.03%
MTD F 0.03%
CHD A 0.03%
GPN B 0.03%
CAH B 0.03%
TTWO A 0.03%
ANSS B 0.03%
DXCM C 0.03%
CSGP D 0.03%
WTW B 0.03%
EPAM B 0.02%
FFIV B 0.02%
EVRG A 0.02%
JBL C 0.02%
AMCR C 0.02%
EL F 0.02%
DPZ C 0.02%
VRSN C 0.02%
ALGN D 0.02%
MRO B 0.02%
BAX F 0.02%
TRMB B 0.02%
TER F 0.02%
PNR A 0.02%
PODD C 0.02%
BALL F 0.02%
FDS B 0.02%
INVH D 0.02%
ZBRA B 0.02%
WDC D 0.02%
K A 0.02%
STE D 0.02%
ES C 0.02%
WBD B 0.02%
LDOS C 0.02%
IFF D 0.02%
PTC B 0.02%
FOX A 0.01%
QRVO F 0.01%
WBA F 0.01%
BEN C 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%
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%
TFX F 0.01%
SMCI F 0.01%
SOLV D 0.01%
GL C 0.01%
AES F 0.01%
MKTX D 0.01%
CRL 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%
AIZ A 0.01%
GNRC C 0.01%
TECH F 0.01%
LW C 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%
HST C 0.01%
ALLE C 0.01%
INCY C 0.01%
JKHY D 0.01%
JNPR D 0.01%
CPT B 0.01%
CHRW B 0.01%
SWK D 0.01%
DLTR F 0.01%
TPR B 0.01%
UDR B 0.01%
MRNA F 0.01%
NWS A 0.0%
PHDG Underweight 43 Positions Relative to FEX
Symbol Grade Weight
APP B -0.97%
VRT B -0.52%
EME A -0.49%
CVNA B -0.48%
OC A -0.47%
RS B -0.45%
HEI A -0.44%
BURL B -0.44%
TOL B -0.42%
CPNG D -0.42%
UTHR C -0.42%
DASH B -0.41%
TPL A -0.4%
FCNCA A -0.4%
LNG A -0.4%
RBLX C -0.39%
THC D -0.39%
HOOD B -0.38%
CRBG B -0.36%
LII A -0.35%
ALLY C -0.34%
ALNY D -0.29%
ZM C -0.29%
BAH F -0.29%
TTD B -0.27%
CASY A -0.27%
MANH D -0.25%
SSNC B -0.25%
APO B -0.22%
MSTR B -0.19%
RGA A -0.18%
WSO A -0.18%
CSL C -0.17%
FNF B -0.17%
COIN C -0.15%
WLK D -0.14%
RPM A -0.1%
ARES A -0.09%
MKL A -0.09%
RIVN F -0.08%
GLPI C -0.08%
BLD D -0.07%
WSM C -0.07%
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