PHDG vs. FTHI ETF Comparison

Comparison of PowerShares S&P 500 Downside Hedged Portfolio (PHDG) to First Trust High Income ETF (FTHI)

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

$38.68

Average Daily Volume

12,482

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

FTHI

First Trust High Income ETF

FTHI Description

The investment seeks current income; capital appreciation is a secondary objective. The fund will pursue its objectives by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded covered call options on the Standard & Poor's 500(c) Index (the "index"). The market value of the option strategy may be up to 20% of the fund's overall net asset value. The equity securities in which the fund will invest and the options which the fund will write will be limited to U.S. exchange-traded securities and options. It is non-diversified.

Grade (RS Rating)

Last Trade

$23.76

Average Daily Volume

244,323

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

Performance

Period	PHDG	FTHI
30 Days	0.66%	2.96%
60 Days	1.51%	3.94%
90 Days	1.58%	5.68%
12 Months	18.52%	18.62%

97 Overlapping Holdings

Symbol	Grade	Weight in PHDG	Weight in FTHI	Overlap
AAPL	C	3.74%	5.63%	3.74%
ABBV	D	0.32%	0.62%	0.32%
ADBE	C	0.25%	0.44%	0.25%
ADP	B	0.13%	0.33%	0.13%
AJG	B	0.07%	0.05%	0.05%
AMAT	F	0.17%	0.31%	0.17%
AMD	F	0.24%	0.45%	0.24%
AMGN	D	0.17%	0.31%	0.17%
AMT	D	0.1%	0.29%	0.1%
AMZN	C	2.13%	3.92%	2.13%
AVGO	D	0.86%	1.65%	0.86%
BAC	A	0.33%	0.56%	0.33%
BDX	F	0.07%	0.07%	0.07%
BKNG	A	0.18%	0.36%	0.18%
BLK	C	0.16%	0.24%	0.16%
BMY	B	0.13%	0.48%	0.13%
BRK.A	B	0.92%	1.73%	0.92%
BX	A	0.14%	0.13%	0.13%
CAT	B	0.2%	0.41%	0.2%
CCI	D	0.05%	0.53%	0.05%
CL	D	0.08%	0.05%	0.05%
CME	A	0.09%	0.37%	0.09%
COP	C	0.14%	0.24%	0.14%
COST	B	0.44%	0.83%	0.44%
CRM	B	0.35%	0.65%	0.35%
CVX	A	0.3%	0.26%	0.26%
D	C	0.05%	0.08%	0.05%
DECK	A	0.03%	0.41%	0.03%
DELL	C	0.04%	0.45%	0.04%
DHR	F	0.17%	0.31%	0.17%
DUK	C	0.09%	0.31%	0.09%
ELV	F	0.1%	0.03%	0.03%
EQIX	A	0.09%	0.21%	0.09%
EXR	D	0.04%	0.14%	0.04%
GE	D	0.21%	0.35%	0.21%
GEV	B	0.1%	0.17%	0.1%
GILD	C	0.12%	0.47%	0.12%
GIS	D	0.04%	0.03%	0.03%
GOOG	C	0.92%	1.84%	0.92%
GOOGL	C	1.11%	2.17%	1.11%
GS	A	0.2%	0.33%	0.2%
HD	A	0.43%	0.88%	0.43%
HON	B	0.16%	0.31%	0.16%
IBM	C	0.21%	0.36%	0.21%
INTU	C	0.21%	0.43%	0.21%
ISRG	A	0.21%	0.37%	0.21%
ITW	B	0.08%	0.41%	0.08%
JPM	A	0.74%	1.41%	0.74%
KO	D	0.26%	0.46%	0.26%
LIN	D	0.23%	0.41%	0.23%
LLY	F	0.67%	1.18%	0.67%
LMT	D	0.12%	0.26%	0.12%
LOW	D	0.17%	0.31%	0.17%
MA	C	0.46%	0.88%	0.46%
MDLZ	F	0.09%	0.03%	0.03%
MDT	D	0.12%	0.45%	0.12%
META	D	1.36%	2.55%	1.36%
MMC	B	0.12%	0.42%	0.12%
MO	A	0.1%	0.9%	0.1%
MRK	F	0.27%	0.49%	0.27%
MSFT	F	3.42%	6.53%	3.42%
MSI	B	0.09%	0.17%	0.09%
NEE	D	0.17%	0.24%	0.17%
NFLX	A	0.39%	0.72%	0.39%
NOW	A	0.23%	0.42%	0.23%
NVDA	C	3.89%	6.56%	3.89%
O	D	0.05%	0.24%	0.05%
ORCL	B	0.32%	0.53%	0.32%
PAYX	C	0.05%	0.21%	0.05%
PEP	F	0.24%	0.45%	0.24%
PFE	D	0.16%	0.1%	0.1%
PG	A	0.42%	0.79%	0.42%
PM	B	0.21%	0.37%	0.21%
PSA	D	0.06%	0.3%	0.06%
QCOM	F	0.2%	0.32%	0.2%
RTX	C	0.17%	0.33%	0.17%
SO	D	0.1%	0.2%	0.1%
SPG	B	0.06%	0.05%	0.05%
SPGI	C	0.18%	0.33%	0.18%
SYK	C	0.14%	0.05%	0.05%
T	A	0.17%	0.35%	0.17%
TGT	F	0.08%	0.11%	0.08%
TJX	A	0.15%	0.32%	0.15%
TMO	F	0.22%	0.38%	0.22%
TMUS	B	0.13%	0.3%	0.13%
TSLA	B	0.93%	1.36%	0.93%
TXN	C	0.2%	0.36%	0.2%
UNH	C	0.59%	1.08%	0.59%
UNP	C	0.15%	0.29%	0.15%
V	A	0.56%	1.01%	0.56%
VST	B	0.05%	0.97%	0.05%
VZ	C	0.19%	0.35%	0.19%
WEC	A	0.03%	0.15%	0.03%
WFC	A	0.27%	0.49%	0.27%
WMT	A	0.4%	0.69%	0.4%
XEL	A	0.04%	0.19%	0.04%
XOM	B	0.58%	1.0%	0.58%

PHDG Overweight 402 Positions Relative to FTHI

Symbol	Grade	Weight
JNJ	D	0.39%
CSCO	B	0.25%
ACN	C	0.24%
MCD	D	0.23%
ABT	B	0.22%
DIS	B	0.21%
MS	A	0.18%
CMCSA	B	0.18%
AXP	A	0.17%
ETN	A	0.16%
UBER	D	0.16%
PGR	A	0.16%
PANW	C	0.14%
BSX	B	0.14%
C	A	0.14%
PLTR	B	0.13%
SCHW	B	0.13%
FI	A	0.13%
VRTX	F	0.13%
INTC	D	0.12%
CB	C	0.12%
MU	D	0.12%
SBUX	A	0.12%
LRCX	F	0.11%
ANET	C	0.11%
BA	F	0.11%
DE	A	0.11%
KKR	A	0.11%
ADI	D	0.11%
PLD	D	0.11%
PH	A	0.1%
ICE	C	0.1%
SHW	A	0.1%
CI	F	0.1%
NKE	D	0.1%
TT	A	0.1%
UPS	C	0.1%
ZTS	D	0.09%
MCK	B	0.09%
CRWD	B	0.09%
WM	A	0.09%
AON	A	0.09%
CMG	B	0.09%
PNC	B	0.09%
REGN	F	0.09%
CDNS	B	0.09%
SNPS	B	0.09%
KLAC	D	0.09%
APH	A	0.09%
PYPL	B	0.09%
COF	B	0.08%
APD	A	0.08%
CEG	D	0.08%
ORLY	B	0.08%
TDG	D	0.08%
MMM	D	0.08%
EMR	A	0.08%
CTAS	B	0.08%
GD	F	0.08%
MCO	B	0.08%
EOG	A	0.08%
WELL	A	0.08%
USB	A	0.08%
PCAR	B	0.07%
ROP	B	0.07%
HLT	A	0.07%
SLB	C	0.07%
TFC	A	0.07%
FCX	D	0.07%
ECL	D	0.07%
CARR	D	0.07%
OKE	A	0.07%
HCA	F	0.07%
GM	B	0.07%
MAR	B	0.07%
FDX	B	0.07%
ADSK	A	0.07%
WMB	A	0.07%
NOC	D	0.07%
CSX	B	0.07%
CVS	D	0.07%
ALL	A	0.06%
KMI	A	0.06%
GWW	B	0.06%
MPC	D	0.06%
AZO	C	0.06%
PSX	C	0.06%
DLR	B	0.06%
RCL	A	0.06%
AMP	A	0.06%
AFL	B	0.06%
URI	B	0.06%
FICO	B	0.06%
JCI	C	0.06%
NXPI	D	0.06%
BK	A	0.06%
SRE	A	0.06%
TRV	B	0.06%
ABNB	C	0.06%
NSC	B	0.06%
FTNT	C	0.06%
TRGP	B	0.05%
ODFL	B	0.05%
COR	B	0.05%
RSG	A	0.05%
BKR	B	0.05%
F	C	0.05%
PEG	A	0.05%
AXON	A	0.05%
DFS	B	0.05%
KMB	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%
NEM	D	0.05%
FAST	B	0.05%
LHX	C	0.05%
ROST	C	0.05%
PWR	A	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%
VICI	C	0.04%
ED	D	0.04%
IRM	D	0.04%
HUM	C	0.04%
RMD	C	0.04%
OXY	D	0.04%
HIG	B	0.04%
FANG	D	0.04%
WAB	B	0.04%
DD	D	0.04%
NUE	C	0.04%
IDXX	F	0.04%
IQV	D	0.04%
MCHP	D	0.04%
MTB	A	0.04%
HPQ	B	0.04%
MLM	B	0.04%
GLW	B	0.04%
SYY	B	0.04%
VMC	B	0.04%
ACGL	D	0.04%
KDP	D	0.04%
GEHC	F	0.04%
STZ	D	0.04%
A	D	0.04%
LULU	C	0.04%
EXC	C	0.04%
CHTR	C	0.04%
YUM	B	0.04%
KR	B	0.04%
MNST	C	0.04%
EA	A	0.04%
CTVA	C	0.04%
CBRE	B	0.04%
EW	C	0.04%
OTIS	C	0.04%
CTSH	B	0.04%
HES	B	0.04%
VRSK	A	0.04%
LEN	D	0.04%
IT	C	0.04%
IR	B	0.04%
DAL	C	0.04%
CINF	A	0.03%
SBAC	D	0.03%
HUBB	B	0.03%
AEE	A	0.03%
BIIB	F	0.03%
RF	A	0.03%
CDW	F	0.03%
NTAP	C	0.03%
PPL	B	0.03%
CCL	B	0.03%
WST	C	0.03%
DVN	F	0.03%
DTE	C	0.03%
SW	A	0.03%
EQR	B	0.03%
ADM	D	0.03%
VLTO	D	0.03%
EQT	B	0.03%
HBAN	A	0.03%
SYF	B	0.03%
AWK	D	0.03%
CPAY	A	0.03%
BRO	B	0.03%
GDDY	A	0.03%
TYL	B	0.03%
VTR	C	0.03%
MTD	D	0.03%
CHD	B	0.03%
HSY	F	0.03%
FTV	C	0.03%
BR	A	0.03%
HAL	C	0.03%
TROW	B	0.03%
PHM	D	0.03%
KEYS	A	0.03%
DOV	A	0.03%
HPE	B	0.03%
KHC	F	0.03%
STT	A	0.03%
MPWR	F	0.03%
ON	D	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%
CSGP	D	0.03%
CNC	D	0.03%
DOW	F	0.03%
ETR	B	0.03%
EIX	B	0.03%
WTW	B	0.03%
FITB	A	0.03%
NDAQ	A	0.03%
EFX	F	0.03%
AVB	B	0.03%
GRMN	B	0.03%
EPAM	C	0.02%
NDSN	B	0.02%
ROL	B	0.02%
FFIV	B	0.02%
RVTY	F	0.02%
APTV	D	0.02%
EVRG	A	0.02%
JBL	B	0.02%
AMCR	D	0.02%
JBHT	C	0.02%
DOC	D	0.02%
VTRS	A	0.02%
L	A	0.02%
EL	F	0.02%
LNT	A	0.02%
DPZ	C	0.02%
CF	B	0.02%
VRSN	F	0.02%
ALGN	D	0.02%
EG	C	0.02%
TXT	D	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%
ARE	D	0.02%
DG	F	0.02%
EXPD	D	0.02%
LVS	C	0.02%
GPC	D	0.02%
MAS	D	0.02%
TRMB	B	0.02%
TER	D	0.02%
IEX	B	0.02%
DGX	A	0.02%
PNR	A	0.02%
J	F	0.02%
KEY	B	0.02%
WRB	A	0.02%
BBY	D	0.02%
MOH	F	0.02%
HOLX	D	0.02%
ULTA	F	0.02%
TSN	B	0.02%
PODD	C	0.02%
PFG	D	0.02%
MAA	B	0.02%
CTRA	B	0.02%
BALL	D	0.02%
SNA	A	0.02%
MKC	D	0.02%
NRG	B	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%
DRI	B	0.02%
LH	C	0.02%
CMS	C	0.02%
LYV	A	0.02%
ZBRA	B	0.02%
STX	D	0.02%
OMC	C	0.02%
CLX	B	0.02%
WDC	D	0.02%
CBOE	B	0.02%
CFG	B	0.02%
FSLR	F	0.02%
FE	C	0.02%
PKG	A	0.02%
BLDR	D	0.02%
NTRS	A	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%
TDY	B	0.02%
WAT	B	0.02%
ATO	A	0.02%
WY	D	0.02%
LDOS	C	0.02%
EXPE	B	0.02%
IFF	D	0.02%
PTC	A	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	B	0.01%
MHK	D	0.01%
HII	D	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	B	0.01%
CZR	F	0.01%
RL	B	0.01%
FRT	B	0.01%
ENPH	F	0.01%
MGM	D	0.01%
WYNN	D	0.01%
AOS	F	0.01%
CPB	D	0.01%
HRL	D	0.01%
TFX	F	0.01%
SMCI	F	0.01%
SOLV	C	0.01%
GL	B	0.01%
AES	F	0.01%
MKTX	D	0.01%
CRL	C	0.01%
ERIE	D	0.01%
LKQ	D	0.01%
PNW	B	0.01%
CTLT	B	0.01%
FOXA	B	0.01%
IPG	D	0.01%
PAYC	B	0.01%
TAP	C	0.01%
NWSA	B	0.01%
AIZ	A	0.01%
GNRC	B	0.01%
TECH	D	0.01%
LW	C	0.01%
BXP	D	0.01%
NCLH	B	0.01%
SJM	D	0.01%
EMN	D	0.01%
UHS	D	0.01%
ALB	C	0.01%
REG	B	0.01%
DAY	B	0.01%
KMX	B	0.01%
HST	C	0.01%
ALLE	D	0.01%
INCY	C	0.01%
BG	F	0.01%
JKHY	D	0.01%
JNPR	F	0.01%
CPT	B	0.01%
CHRW	C	0.01%
CAG	D	0.01%
SWK	D	0.01%
DLTR	F	0.01%
TPR	B	0.01%
UDR	B	0.01%
AKAM	D	0.01%
SWKS	F	0.01%
MRNA	F	0.01%
POOL	C	0.01%
NWS	B	0.0%

PHDG Underweight 68 Positions Relative to FTHI

Symbol	Grade	Weight
BXMT	C	-1.55%
SLG	B	-1.44%
JXN	C	-1.11%
CRNX	C	-0.99%
CCEP	C	-0.98%
UL	D	-0.94%
LADR	B	-0.87%
BRBR	A	-0.77%
CALM	A	-0.76%
INGR	B	-0.64%
PTVE	B	-0.64%
IDA	A	-0.59%
ALSN	B	-0.53%
NVS	D	-0.49%
EXP	A	-0.48%
SLM	A	-0.48%
CVLT	B	-0.48%
DTM	B	-0.46%
IDCC	A	-0.45%
TOL	B	-0.45%
SFM	A	-0.45%
INSM	C	-0.44%
HLI	B	-0.44%
EWBC	A	-0.43%
UMBF	B	-0.43%
MEDP	D	-0.42%
ARES	A	-0.42%
PPC	C	-0.41%
EHC	B	-0.39%
AM	A	-0.38%
USFD	A	-0.38%
LANC	C	-0.36%
SLVM	B	-0.35%
FNF	B	-0.35%
KNSL	B	-0.35%
HESM	B	-0.34%
FTI	A	-0.34%
WSO	A	-0.33%
SCCO	F	-0.33%
MGEE	C	-0.32%
BAH	F	-0.31%
VEEV	C	-0.31%
KRC	C	-0.31%
BKU	A	-0.3%
LOPE	B	-0.3%
SBRA	C	-0.3%
MATX	C	-0.3%
GAP	C	-0.27%
DHT	F	-0.27%
IIPR	D	-0.27%
GGG	B	-0.27%
NVO	D	-0.25%
ATR	B	-0.25%
SBLK	F	-0.24%
CNA	B	-0.23%
PFGC	B	-0.22%
AMH	D	-0.22%
STNG	F	-0.22%
CVBF	A	-0.2%
FLO	D	-0.2%
OTTR	C	-0.2%
MUSA	A	-0.19%
NEU	C	-0.17%
REYN	D	-0.16%
KAR	B	-0.15%
SFNC	B	-0.14%
OGN	D	-0.13%
NHI	D	-0.12%