PHDG vs. HCMT ETF Comparison

Comparison of PowerShares S&P 500 Downside Hedged Portfolio (PHDG) to Direxion HCM Tactical Enhanced US ETF (HCMT)

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

HCMT

Direxion HCM Tactical Enhanced US ETF

HCMT Description

The fund is actively managed and seeks to provide enhanced returns across multiple market cycles that are broadly correlated to the U.S. equity markets. The fund will invest in, to have exposure to, U.S. equity securities in order to achieve capital appreciation, or will invest in cash or cash equivalents in order to attempt to preserve capital during market downturns. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.29

Average Daily Volume

49,839

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	PHDG	HCMT
30 Days	0.66%	5.26%
60 Days	1.51%	7.80%
90 Days	1.58%	8.97%
12 Months	18.52%	53.05%

499 Overlapping Holdings

Symbol	Grade	Weight in PHDG	Weight in HCMT	Overlap
A	D	0.04%	0.06%	0.04%
AAPL	C	3.74%	5.45%	3.74%
ABBV	D	0.32%	0.47%	0.32%
ABNB	C	0.06%	0.09%	0.06%
ABT	B	0.22%	0.31%	0.22%
ACGL	D	0.04%	0.06%	0.04%
ACN	C	0.24%	0.36%	0.24%
ADBE	C	0.25%	0.37%	0.25%
ADI	D	0.11%	0.17%	0.11%
ADM	D	0.03%	0.04%	0.03%
ADP	B	0.13%	0.19%	0.13%
ADSK	A	0.07%	0.1%	0.07%
AEE	A	0.03%	0.04%	0.03%
AEP	D	0.05%	0.08%	0.05%
AES	F	0.01%	0.02%	0.01%
AFL	B	0.06%	0.09%	0.06%
AIG	B	0.05%	0.08%	0.05%
AIZ	A	0.01%	0.02%	0.01%
AJG	B	0.07%	0.1%	0.07%
AKAM	D	0.01%	0.02%	0.01%
ALB	C	0.01%	0.02%	0.01%
ALGN	D	0.02%	0.02%	0.02%
ALL	A	0.06%	0.08%	0.06%
ALLE	D	0.01%	0.02%	0.01%
AMAT	F	0.17%	0.24%	0.17%
AMCR	D	0.02%	0.02%	0.02%
AMD	F	0.24%	0.35%	0.24%
AME	A	0.05%	0.07%	0.05%
AMGN	D	0.17%	0.25%	0.17%
AMP	A	0.06%	0.09%	0.06%
AMT	D	0.1%	0.14%	0.1%
AMZN	C	2.13%	3.1%	2.13%
ANET	C	0.11%	0.16%	0.11%
ANSS	B	0.03%	0.05%	0.03%
AON	A	0.09%	0.13%	0.09%
AOS	F	0.01%	0.01%	0.01%
APA	D	0.01%	0.01%	0.01%
APD	A	0.08%	0.11%	0.08%
APH	A	0.09%	0.14%	0.09%
APTV	D	0.02%	0.02%	0.02%
ARE	D	0.02%	0.03%	0.02%
ATO	A	0.02%	0.04%	0.02%
AVB	B	0.03%	0.05%	0.03%
AVGO	D	0.86%	1.25%	0.86%
AVY	D	0.02%	0.03%	0.02%
AWK	D	0.03%	0.04%	0.03%
AXON	A	0.05%	0.07%	0.05%
AXP	A	0.17%	0.25%	0.17%
AZO	C	0.06%	0.08%	0.06%
BA	F	0.11%	0.16%	0.11%
BAC	A	0.33%	0.49%	0.33%
BALL	D	0.02%	0.03%	0.02%
BAX	D	0.02%	0.03%	0.02%
BBY	D	0.02%	0.03%	0.02%
BDX	F	0.07%	0.1%	0.07%
BEN	C	0.01%	0.01%	0.01%
BG	F	0.01%	0.02%	0.01%
BIIB	F	0.03%	0.04%	0.03%
BK	A	0.06%	0.09%	0.06%
BKNG	A	0.18%	0.26%	0.18%
BKR	B	0.05%	0.07%	0.05%
BLDR	D	0.02%	0.03%	0.02%
BLK	C	0.16%	0.23%	0.16%
BMY	B	0.13%	0.19%	0.13%
BR	A	0.03%	0.04%	0.03%
BRK.A	B	0.92%	1.35%	0.92%
BRO	B	0.03%	0.04%	0.03%
BSX	B	0.14%	0.2%	0.14%
BWA	D	0.01%	0.01%	0.01%
BX	A	0.14%	0.21%	0.14%
BXP	D	0.01%	0.02%	0.01%
C	A	0.14%	0.2%	0.14%
CAG	D	0.01%	0.02%	0.01%
CAH	B	0.03%	0.05%	0.03%
CARR	D	0.07%	0.1%	0.07%
CAT	B	0.2%	0.3%	0.2%
CB	C	0.12%	0.17%	0.12%
CBOE	B	0.02%	0.03%	0.02%
CBRE	B	0.04%	0.06%	0.04%
CCI	D	0.05%	0.07%	0.05%
CCL	B	0.03%	0.04%	0.03%
CDNS	B	0.09%	0.13%	0.09%
CDW	F	0.03%	0.04%	0.03%
CE	F	0.01%	0.01%	0.01%
CEG	D	0.08%	0.11%	0.08%
CF	B	0.02%	0.02%	0.02%
CFG	B	0.02%	0.03%	0.02%
CHD	B	0.03%	0.04%	0.03%
CHRW	C	0.01%	0.02%	0.01%
CHTR	C	0.04%	0.06%	0.04%
CI	F	0.1%	0.14%	0.1%
CINF	A	0.03%	0.04%	0.03%
CL	D	0.08%	0.12%	0.08%
CLX	B	0.02%	0.03%	0.02%
CMCSA	B	0.18%	0.26%	0.18%
CME	A	0.09%	0.13%	0.09%
CMG	B	0.09%	0.13%	0.09%
CMI	A	0.05%	0.08%	0.05%
CMS	C	0.02%	0.03%	0.02%
CNC	D	0.03%	0.05%	0.03%
CNP	B	0.02%	0.03%	0.02%
COF	B	0.08%	0.11%	0.08%
COP	C	0.14%	0.21%	0.14%
COR	B	0.05%	0.07%	0.05%
COST	B	0.44%	0.64%	0.44%
CPAY	A	0.03%	0.04%	0.03%
CPB	D	0.01%	0.01%	0.01%
CPRT	A	0.05%	0.08%	0.05%
CPT	B	0.01%	0.02%	0.01%
CRL	C	0.01%	0.02%	0.01%
CRM	B	0.35%	0.51%	0.35%
CRWD	B	0.09%	0.12%	0.09%
CSCO	B	0.25%	0.37%	0.25%
CSGP	D	0.03%	0.05%	0.03%
CSX	B	0.07%	0.11%	0.07%
CTAS	B	0.08%	0.12%	0.08%
CTLT	B	0.01%	0.02%	0.01%
CTRA	B	0.02%	0.03%	0.02%
CTSH	B	0.04%	0.06%	0.04%
CTVA	C	0.04%	0.06%	0.04%
CVS	D	0.07%	0.11%	0.07%
CVX	A	0.3%	0.43%	0.3%
CZR	F	0.01%	0.01%	0.01%
D	C	0.05%	0.07%	0.05%
DAL	C	0.04%	0.07%	0.04%
DAY	B	0.01%	0.02%	0.01%
DD	D	0.04%	0.05%	0.04%
DE	A	0.11%	0.16%	0.11%
DECK	A	0.03%	0.04%	0.03%
DELL	C	0.04%	0.06%	0.04%
DFS	B	0.05%	0.07%	0.05%
DG	F	0.02%	0.03%	0.02%
DGX	A	0.02%	0.03%	0.02%
DHI	D	0.05%	0.08%	0.05%
DHR	F	0.17%	0.24%	0.17%
DIS	B	0.21%	0.31%	0.21%
DLR	B	0.06%	0.09%	0.06%
DLTR	F	0.01%	0.02%	0.01%
DOC	D	0.02%	0.02%	0.02%
DOV	A	0.03%	0.04%	0.03%
DOW	F	0.03%	0.05%	0.03%
DPZ	C	0.02%	0.02%	0.02%
DRI	B	0.02%	0.03%	0.02%
DTE	C	0.03%	0.04%	0.03%
DUK	C	0.09%	0.13%	0.09%
DVA	B	0.01%	0.01%	0.01%
DVN	F	0.03%	0.04%	0.03%
DXCM	D	0.03%	0.05%	0.03%
EA	A	0.04%	0.06%	0.04%
EBAY	D	0.03%	0.05%	0.03%
ECL	D	0.07%	0.1%	0.07%
ED	D	0.04%	0.05%	0.04%
EFX	F	0.03%	0.05%	0.03%
EG	C	0.02%	0.03%	0.02%
EIX	B	0.03%	0.05%	0.03%
EL	F	0.02%	0.02%	0.02%
ELV	F	0.1%	0.15%	0.1%
EMN	D	0.01%	0.02%	0.01%
EMR	A	0.08%	0.12%	0.08%
ENPH	F	0.01%	0.01%	0.01%
EOG	A	0.08%	0.12%	0.08%
EPAM	C	0.02%	0.02%	0.02%
EQIX	A	0.09%	0.13%	0.09%
EQR	B	0.03%	0.04%	0.03%
EQT	B	0.03%	0.04%	0.03%
ERIE	D	0.01%	0.02%	0.01%
ES	D	0.02%	0.03%	0.02%
ESS	B	0.02%	0.03%	0.02%
ETN	A	0.16%	0.23%	0.16%
ETR	B	0.03%	0.05%	0.03%
EVRG	A	0.02%	0.02%	0.02%
EW	C	0.04%	0.06%	0.04%
EXC	C	0.04%	0.06%	0.04%
EXPD	D	0.02%	0.03%	0.02%
EXPE	B	0.02%	0.04%	0.02%
EXR	D	0.04%	0.05%	0.04%
F	C	0.05%	0.07%	0.05%
FANG	D	0.04%	0.05%	0.04%
FAST	B	0.05%	0.07%	0.05%
FCX	D	0.07%	0.1%	0.07%
FDS	B	0.02%	0.03%	0.02%
FDX	B	0.07%	0.1%	0.07%
FE	C	0.02%	0.03%	0.02%
FFIV	B	0.02%	0.02%	0.02%
FI	A	0.13%	0.19%	0.13%
FICO	B	0.06%	0.09%	0.06%
FIS	C	0.05%	0.08%	0.05%
FITB	A	0.03%	0.05%	0.03%
FMC	D	0.01%	0.01%	0.01%
FOX	A	0.01%	0.01%	0.01%
FOXA	B	0.01%	0.02%	0.01%
FRT	B	0.01%	0.01%	0.01%
FSLR	F	0.02%	0.03%	0.02%
FTNT	C	0.06%	0.09%	0.06%
FTV	C	0.03%	0.04%	0.03%
GD	F	0.08%	0.12%	0.08%
GDDY	A	0.03%	0.04%	0.03%
GE	D	0.21%	0.3%	0.21%
GEHC	F	0.04%	0.06%	0.04%
GEN	B	0.02%	0.03%	0.02%
GEV	B	0.1%	0.14%	0.1%
GILD	C	0.12%	0.18%	0.12%
GIS	D	0.04%	0.06%	0.04%
GL	B	0.01%	0.02%	0.01%
GLW	B	0.04%	0.06%	0.04%
GM	B	0.07%	0.1%	0.07%
GNRC	B	0.01%	0.02%	0.01%
GOOG	C	0.92%	1.34%	0.92%
GOOGL	C	1.11%	1.62%	1.11%
GPC	D	0.02%	0.03%	0.02%
GPN	B	0.03%	0.05%	0.03%
GRMN	B	0.03%	0.05%	0.03%
GS	A	0.2%	0.29%	0.2%
GWW	B	0.06%	0.08%	0.06%
HAL	C	0.03%	0.04%	0.03%
HAS	D	0.01%	0.01%	0.01%
HBAN	A	0.03%	0.04%	0.03%
HCA	F	0.07%	0.1%	0.07%
HD	A	0.43%	0.63%	0.43%
HES	B	0.04%	0.06%	0.04%
HIG	B	0.04%	0.05%	0.04%
HII	D	0.01%	0.01%	0.01%
HLT	A	0.07%	0.1%	0.07%
HOLX	D	0.02%	0.03%	0.02%
HON	B	0.16%	0.24%	0.16%
HPE	B	0.03%	0.04%	0.03%
HPQ	B	0.04%	0.06%	0.04%
HRL	D	0.01%	0.01%	0.01%
HSIC	B	0.01%	0.01%	0.01%
HST	C	0.01%	0.02%	0.01%
HSY	F	0.03%	0.04%	0.03%
HUBB	B	0.03%	0.04%	0.03%
HUM	C	0.04%	0.05%	0.04%
HWM	A	0.05%	0.07%	0.05%
IBM	C	0.21%	0.3%	0.21%
ICE	C	0.1%	0.14%	0.1%
IDXX	F	0.04%	0.05%	0.04%
IEX	B	0.02%	0.03%	0.02%
IFF	D	0.02%	0.04%	0.02%
INCY	C	0.01%	0.02%	0.01%
INTC	D	0.12%	0.17%	0.12%
INTU	C	0.21%	0.31%	0.21%
INVH	D	0.02%	0.03%	0.02%
IP	B	0.02%	0.03%	0.02%
IPG	D	0.01%	0.02%	0.01%
IQV	D	0.04%	0.06%	0.04%
IR	B	0.04%	0.07%	0.04%
IRM	D	0.04%	0.05%	0.04%
ISRG	A	0.21%	0.3%	0.21%
IT	C	0.04%	0.06%	0.04%
ITW	B	0.08%	0.11%	0.08%
IVZ	B	0.01%	0.01%	0.01%
J	F	0.02%	0.03%	0.02%
JBHT	C	0.02%	0.02%	0.02%
JBL	B	0.02%	0.02%	0.02%
JCI	C	0.06%	0.09%	0.06%
JKHY	D	0.01%	0.02%	0.01%
JNJ	D	0.39%	0.57%	0.39%
JNPR	F	0.01%	0.02%	0.01%
JPM	A	0.74%	1.08%	0.74%
K	A	0.02%	0.03%	0.02%
KDP	D	0.04%	0.06%	0.04%
KEY	B	0.02%	0.03%	0.02%
KEYS	A	0.03%	0.04%	0.03%
KHC	F	0.03%	0.04%	0.03%
KIM	A	0.02%	0.03%	0.02%
KKR	A	0.11%	0.16%	0.11%
KLAC	D	0.09%	0.14%	0.09%
KMB	D	0.05%	0.07%	0.05%
KMI	A	0.06%	0.08%	0.06%
KMX	B	0.01%	0.02%	0.01%
KO	D	0.26%	0.38%	0.26%
KR	B	0.04%	0.06%	0.04%
KVUE	A	0.05%	0.07%	0.05%
L	A	0.02%	0.02%	0.02%
LDOS	C	0.02%	0.04%	0.02%
LEN	D	0.04%	0.06%	0.04%
LH	C	0.02%	0.03%	0.02%
LHX	C	0.05%	0.07%	0.05%
LIN	D	0.23%	0.34%	0.23%
LKQ	D	0.01%	0.02%	0.01%
LLY	F	0.67%	0.98%	0.67%
LMT	D	0.12%	0.18%	0.12%
LNT	A	0.02%	0.02%	0.02%
LOW	D	0.17%	0.24%	0.17%
LRCX	F	0.11%	0.15%	0.11%
LULU	C	0.04%	0.06%	0.04%
LUV	C	0.02%	0.03%	0.02%
LVS	C	0.02%	0.03%	0.02%
LW	C	0.01%	0.02%	0.01%
LYB	F	0.02%	0.03%	0.02%
LYV	A	0.02%	0.03%	0.02%
MA	C	0.46%	0.67%	0.46%
MAA	B	0.02%	0.03%	0.02%
MAR	B	0.07%	0.1%	0.07%
MAS	D	0.02%	0.03%	0.02%
MCD	D	0.23%	0.34%	0.23%
MCHP	D	0.04%	0.06%	0.04%
MCK	B	0.09%	0.12%	0.09%
MCO	B	0.08%	0.12%	0.08%
MDLZ	F	0.09%	0.14%	0.09%
MDT	D	0.12%	0.17%	0.12%
MET	A	0.05%	0.08%	0.05%
META	D	1.36%	1.98%	1.36%
MGM	D	0.01%	0.01%	0.01%
MHK	D	0.01%	0.01%	0.01%
MKC	D	0.02%	0.03%	0.02%
MKTX	D	0.01%	0.02%	0.01%
MLM	B	0.04%	0.06%	0.04%
MMC	B	0.12%	0.17%	0.12%
MMM	D	0.08%	0.11%	0.08%
MNST	C	0.04%	0.06%	0.04%
MO	A	0.1%	0.15%	0.1%
MOH	F	0.02%	0.03%	0.02%
MOS	F	0.01%	0.01%	0.01%
MPC	D	0.06%	0.08%	0.06%
MPWR	F	0.03%	0.04%	0.03%
MRK	F	0.27%	0.39%	0.27%
MRNA	F	0.01%	0.02%	0.01%
MRO	B	0.02%	0.03%	0.02%
MS	A	0.18%	0.26%	0.18%
MSCI	C	0.05%	0.07%	0.05%
MSFT	F	3.42%	4.99%	3.42%
MSI	B	0.09%	0.13%	0.09%
MTB	A	0.04%	0.06%	0.04%
MTCH	D	0.01%	0.01%	0.01%
MTD	D	0.03%	0.04%	0.03%
MU	D	0.12%	0.17%	0.12%
NCLH	B	0.01%	0.02%	0.01%
NDAQ	A	0.03%	0.05%	0.03%
NDSN	B	0.02%	0.02%	0.02%
NEE	D	0.17%	0.24%	0.17%
NEM	D	0.05%	0.07%	0.05%
NFLX	A	0.39%	0.56%	0.39%
NI	A	0.02%	0.03%	0.02%
NKE	D	0.1%	0.14%	0.1%
NOC	D	0.07%	0.11%	0.07%
NOW	A	0.23%	0.34%	0.23%
NRG	B	0.02%	0.03%	0.02%
NSC	B	0.06%	0.09%	0.06%
NTAP	C	0.03%	0.04%	0.03%
NTRS	A	0.02%	0.03%	0.02%
NUE	C	0.04%	0.05%	0.04%
NVDA	C	3.89%	5.67%	3.89%
NVR	D	0.03%	0.04%	0.03%
NWS	B	0.0%	0.01%	0.0%
NWSA	B	0.01%	0.02%	0.01%
NXPI	D	0.06%	0.09%	0.06%
O	D	0.05%	0.08%	0.05%
ODFL	B	0.05%	0.07%	0.05%
OKE	A	0.07%	0.1%	0.07%
OMC	C	0.02%	0.03%	0.02%
ON	D	0.03%	0.05%	0.03%
ORCL	B	0.32%	0.47%	0.32%
ORLY	B	0.08%	0.11%	0.08%
OTIS	C	0.04%	0.06%	0.04%
OXY	D	0.04%	0.05%	0.04%
PANW	C	0.14%	0.2%	0.14%
PARA	C	0.01%	0.01%	0.01%
PAYC	B	0.01%	0.02%	0.01%
PAYX	C	0.05%	0.07%	0.05%
PCAR	B	0.07%	0.09%	0.07%
PCG	A	0.05%	0.07%	0.05%
PEG	A	0.05%	0.07%	0.05%
PEP	F	0.24%	0.36%	0.24%
PFE	D	0.16%	0.23%	0.16%
PFG	D	0.02%	0.03%	0.02%
PG	A	0.42%	0.62%	0.42%
PGR	A	0.16%	0.24%	0.16%
PH	A	0.1%	0.14%	0.1%
PHM	D	0.03%	0.04%	0.03%
PKG	A	0.02%	0.03%	0.02%
PLD	D	0.11%	0.17%	0.11%
PLTR	B	0.13%	0.19%	0.13%
PM	B	0.21%	0.31%	0.21%
PNC	B	0.09%	0.13%	0.09%
PNR	A	0.02%	0.03%	0.02%
PNW	B	0.01%	0.02%	0.01%
PODD	C	0.02%	0.03%	0.02%
POOL	C	0.01%	0.02%	0.01%
PPG	F	0.03%	0.05%	0.03%
PPL	B	0.03%	0.04%	0.03%
PRU	A	0.05%	0.07%	0.05%
PSA	D	0.06%	0.08%	0.06%
PSX	C	0.06%	0.09%	0.06%
PTC	A	0.02%	0.04%	0.02%
PWR	A	0.05%	0.07%	0.05%
PYPL	B	0.09%	0.14%	0.09%
QCOM	F	0.2%	0.29%	0.2%
QRVO	F	0.01%	0.01%	0.01%
RCL	A	0.06%	0.09%	0.06%
REG	B	0.01%	0.02%	0.01%
REGN	F	0.09%	0.13%	0.09%
RF	A	0.03%	0.04%	0.03%
RJF	A	0.03%	0.05%	0.03%
RL	B	0.01%	0.01%	0.01%
RMD	C	0.04%	0.05%	0.04%
ROK	B	0.04%	0.05%	0.04%
ROL	B	0.02%	0.02%	0.02%
ROP	B	0.07%	0.1%	0.07%
ROST	C	0.05%	0.07%	0.05%
RSG	A	0.05%	0.07%	0.05%
RTX	C	0.17%	0.25%	0.17%
RVTY	F	0.02%	0.02%	0.02%
SBAC	D	0.03%	0.04%	0.03%
SBUX	A	0.12%	0.18%	0.12%
SCHW	B	0.13%	0.19%	0.13%
SHW	A	0.1%	0.14%	0.1%
SJM	D	0.01%	0.02%	0.01%
SLB	C	0.07%	0.1%	0.07%
SMCI	F	0.01%	0.01%	0.01%
SNA	A	0.02%	0.03%	0.02%
SNPS	B	0.09%	0.13%	0.09%
SO	D	0.1%	0.15%	0.1%
SOLV	C	0.01%	0.01%	0.01%
SPG	B	0.06%	0.09%	0.06%
SPGI	C	0.18%	0.26%	0.18%
SRE	A	0.06%	0.09%	0.06%
STE	F	0.02%	0.03%	0.02%
STLD	B	0.02%	0.03%	0.02%
STT	A	0.03%	0.04%	0.03%
STX	D	0.02%	0.03%	0.02%
STZ	D	0.04%	0.06%	0.04%
SW	A	0.03%	0.04%	0.03%
SWK	D	0.01%	0.02%	0.01%
SWKS	F	0.01%	0.02%	0.01%
SYF	B	0.03%	0.04%	0.03%
SYK	C	0.14%	0.21%	0.14%
SYY	B	0.04%	0.06%	0.04%
T	A	0.17%	0.25%	0.17%
TAP	C	0.01%	0.02%	0.01%
TDG	D	0.08%	0.11%	0.08%
TDY	B	0.02%	0.04%	0.02%
TECH	D	0.01%	0.02%	0.01%
TER	D	0.02%	0.03%	0.02%
TFC	A	0.07%	0.1%	0.07%
TFX	F	0.01%	0.01%	0.01%
TGT	F	0.08%	0.11%	0.08%
TJX	A	0.15%	0.21%	0.15%
TMO	F	0.22%	0.32%	0.22%
TMUS	B	0.13%	0.18%	0.13%
TPR	B	0.01%	0.02%	0.01%
TRGP	B	0.05%	0.07%	0.05%
TRMB	B	0.02%	0.03%	0.02%
TROW	B	0.03%	0.04%	0.03%
TRV	B	0.06%	0.09%	0.06%
TSCO	D	0.03%	0.05%	0.03%
TSLA	B	0.93%	1.36%	0.93%
TSN	B	0.02%	0.03%	0.02%
TT	A	0.1%	0.15%	0.1%
TTWO	A	0.03%	0.05%	0.03%
TXN	C	0.2%	0.3%	0.2%
TXT	D	0.02%	0.03%	0.02%
TYL	B	0.03%	0.04%	0.03%
UAL	A	0.03%	0.05%	0.03%
UBER	D	0.16%	0.24%	0.16%
UDR	B	0.01%	0.02%	0.01%
UHS	D	0.01%	0.02%	0.01%
ULTA	F	0.02%	0.03%	0.02%
UNH	C	0.59%	0.86%	0.59%
UNP	C	0.15%	0.23%	0.15%
UPS	C	0.1%	0.15%	0.1%
URI	B	0.06%	0.09%	0.06%
USB	A	0.08%	0.12%	0.08%
V	A	0.56%	0.81%	0.56%
VICI	C	0.04%	0.05%	0.04%
VLO	C	0.05%	0.07%	0.05%
VLTO	D	0.03%	0.04%	0.03%
VMC	B	0.04%	0.06%	0.04%
VRSK	A	0.04%	0.06%	0.04%
VRSN	F	0.02%	0.02%	0.02%
VRTX	F	0.13%	0.2%	0.13%
VST	B	0.05%	0.07%	0.05%
VTR	C	0.03%	0.04%	0.03%
VTRS	A	0.02%	0.02%	0.02%
VZ	C	0.19%	0.27%	0.19%
WAB	B	0.04%	0.05%	0.04%
WAT	B	0.02%	0.04%	0.02%
WBA	F	0.01%	0.01%	0.01%
WBD	C	0.02%	0.03%	0.02%
WDC	D	0.02%	0.03%	0.02%
WEC	A	0.03%	0.05%	0.03%
WELL	A	0.08%	0.12%	0.08%
WFC	A	0.27%	0.39%	0.27%
WM	A	0.09%	0.13%	0.09%
WMB	A	0.07%	0.11%	0.07%
WMT	A	0.4%	0.58%	0.4%
WRB	A	0.02%	0.03%	0.02%
WST	C	0.03%	0.04%	0.03%
WTW	B	0.03%	0.05%	0.03%
WY	D	0.02%	0.04%	0.02%
WYNN	D	0.01%	0.01%	0.01%
XEL	A	0.04%	0.06%	0.04%
XOM	B	0.58%	0.84%	0.58%
XYL	D	0.03%	0.05%	0.03%
YUM	B	0.04%	0.06%	0.04%
ZBH	C	0.02%	0.03%	0.02%
ZBRA	B	0.02%	0.03%	0.02%
ZTS	D	0.09%	0.12%	0.09%

PHDG Overweight 0 Positions Relative to HCMT

	Symbol	Grade	Weight

PHDG Underweight 0 Positions Relative to HCMT

	Symbol	Grade	Weight