PHDG vs. JPUS ETF Comparison

Comparison of PowerShares S&P 500 Downside Hedged Portfolio (PHDG) to JPMorgan Diversified Return U.S. Equity ETF (JPUS)

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

$38.13

Average Daily Volume

13,932

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

JPUS

JPMorgan Diversified Return U.S. Equity ETF

JPUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell 1000 Diversified Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser. Holdings in the underlying index are selected by the index provider primarily from the constituents of the Russell 1000 Index, a larger Russell index, which is comprised of large- and mid-cap equity securities in the United States.

Grade (RS Rating)

Last Trade

$119.21

Average Daily Volume

8,062

Number of Holdings ^*

350

* may have additional holdings in another (foreign) market

Performance

Period	PHDG	JPUS
30 Days	2.26%	2.97%
60 Days	-2.53%	9.51%
90 Days	0.76%	10.55%
12 Months	25.03%	32.03%

231 Overlapping Holdings

Symbol	Grade	Weight in PHDG	Weight in JPUS	Overlap
AAPL	C	3.97%	0.36%	0.36%
ABBV	C	0.39%	0.38%	0.38%
ABT	C	0.23%	0.31%	0.23%
ACGL	A	0.05%	0.35%	0.05%
ACN	B	0.25%	0.32%	0.25%
ADBE	F	0.26%	0.05%	0.05%
ADI	B	0.13%	0.39%	0.13%
ADM	F	0.03%	0.38%	0.03%
AEP	C	0.06%	0.34%	0.06%
AFL	A	0.06%	0.39%	0.06%
AMAT	C	0.19%	0.35%	0.19%
AMGN	D	0.2%	0.38%	0.2%
AMP	A	0.05%	0.24%	0.05%
ANET	A	0.11%	0.47%	0.11%
AOS	C	0.01%	0.37%	0.01%
APH	D	0.09%	0.38%	0.09%
ATO	A	0.02%	0.14%	0.02%
AVB	C	0.04%	0.32%	0.04%
AVGO	B	0.92%	0.4%	0.4%
AVY	D	0.02%	0.29%	0.02%
AZO	D	0.06%	0.36%	0.06%
BAC	B	0.3%	0.27%	0.27%
BBY	C	0.02%	0.26%	0.02%
BDX	C	0.08%	0.2%	0.08%
BG	F	0.02%	0.37%	0.02%
BKNG	B	0.16%	0.15%	0.15%
BLDR	C	0.03%	0.36%	0.03%
BMY	A	0.12%	0.22%	0.12%
BRK.A	B	0.96%	0.38%	0.38%
CAG	D	0.02%	0.38%	0.02%
CAH	B	0.03%	0.32%	0.03%
CARR	A	0.08%	0.09%	0.08%
CAT	A	0.22%	0.28%	0.22%
CB	A	0.12%	0.28%	0.12%
CBOE	B	0.02%	0.27%	0.02%
CBRE	C	0.04%	0.05%	0.04%
CCI	D	0.06%	0.17%	0.06%
CDNS	D	0.09%	0.3%	0.09%
CE	D	0.02%	0.38%	0.02%
CEG	A	0.09%	0.48%	0.09%
CF	A	0.02%	0.32%	0.02%
CFG	C	0.02%	0.06%	0.02%
CHD	D	0.03%	0.33%	0.03%
CHTR	D	0.04%	0.32%	0.04%
CI	D	0.11%	0.37%	0.11%
CL	D	0.1%	0.37%	0.1%
CLX	C	0.02%	0.35%	0.02%
CMCSA	B	0.18%	0.4%	0.18%
CMI	A	0.05%	0.38%	0.05%
CMS	A	0.02%	0.29%	0.02%
COF	A	0.07%	0.37%	0.07%
COP	D	0.14%	0.26%	0.14%
CPB	D	0.01%	0.37%	0.01%
CPT	C	0.02%	0.18%	0.02%
CSCO	A	0.24%	0.37%	0.24%
CSX	D	0.08%	0.12%	0.08%
CTRA	D	0.02%	0.32%	0.02%
CTSH	B	0.04%	0.35%	0.04%
CTVA	A	0.05%	0.31%	0.05%
CVS	D	0.09%	0.39%	0.09%
CVX	B	0.28%	0.31%	0.28%
D	A	0.06%	0.34%	0.06%
DFS	A	0.04%	0.11%	0.04%
DGX	D	0.02%	0.35%	0.02%
DHI	C	0.06%	0.39%	0.06%
DHR	D	0.2%	0.32%	0.2%
DOW	B	0.04%	0.32%	0.04%
DRI	C	0.02%	0.24%	0.02%
DTE	B	0.03%	0.31%	0.03%
DUK	C	0.1%	0.38%	0.1%
DVA	C	0.01%	0.39%	0.01%
DVN	F	0.03%	0.09%	0.03%
EA	D	0.04%	0.16%	0.04%
ECL	C	0.07%	0.3%	0.07%
ED	C	0.04%	0.37%	0.04%
EG	A	0.02%	0.3%	0.02%
EIX	C	0.04%	0.38%	0.04%
ELV	F	0.14%	0.34%	0.14%
EMN	C	0.02%	0.37%	0.02%
EOG	B	0.08%	0.29%	0.08%
EQR	C	0.03%	0.2%	0.03%
ESS	D	0.02%	0.36%	0.02%
ETN	B	0.15%	0.4%	0.15%
ETR	A	0.03%	0.41%	0.03%
EVRG	C	0.02%	0.34%	0.02%
EXC	C	0.05%	0.33%	0.05%
F	D	0.05%	0.18%	0.05%
FANG	D	0.04%	0.36%	0.04%
FAST	C	0.05%	0.34%	0.05%
FCX	B	0.08%	0.3%	0.08%
FE	C	0.03%	0.37%	0.03%
FITB	C	0.03%	0.28%	0.03%
FRT	D	0.01%	0.09%	0.01%
GD	C	0.09%	0.37%	0.09%
GEHC	C	0.04%	0.24%	0.04%
GILD	A	0.12%	0.31%	0.12%
GIS	C	0.05%	0.38%	0.05%
GOOGL	B	1.1%	0.11%	0.11%
GRMN	D	0.03%	0.36%	0.03%
GWW	B	0.05%	0.39%	0.05%
HBAN	B	0.02%	0.28%	0.02%
HCA	C	0.09%	0.4%	0.09%
HIG	A	0.04%	0.39%	0.04%
HOLX	D	0.02%	0.29%	0.02%
HPE	B	0.03%	0.29%	0.03%
HRL	F	0.01%	0.37%	0.01%
HST	D	0.01%	0.42%	0.01%
HSY	D	0.03%	0.27%	0.03%
HUBB	A	0.03%	0.34%	0.03%
IBM	A	0.23%	0.32%	0.23%
IFF	D	0.03%	0.24%	0.03%
INTU	F	0.2%	0.33%	0.2%
IP	C	0.02%	0.4%	0.02%
IPG	D	0.01%	0.15%	0.01%
IRM	B	0.04%	0.41%	0.04%
IT	A	0.05%	0.3%	0.05%
ITW	C	0.08%	0.32%	0.08%
JNPR	C	0.01%	0.39%	0.01%
K	B	0.02%	0.39%	0.02%
KDP	C	0.04%	0.29%	0.04%
KEY	B	0.02%	0.05%	0.02%
KHC	F	0.04%	0.37%	0.04%
KIM	C	0.02%	0.31%	0.02%
KLAC	B	0.12%	0.4%	0.12%
KMB	D	0.06%	0.37%	0.06%
KMI	A	0.05%	0.39%	0.05%
KO	C	0.32%	0.38%	0.32%
KR	C	0.04%	0.41%	0.04%
KVUE	C	0.05%	0.39%	0.05%
LDOS	A	0.02%	0.21%	0.02%
LEN	C	0.05%	0.39%	0.05%
LIN	C	0.26%	0.3%	0.26%
LLY	D	0.79%	0.39%	0.39%
LMT	A	0.14%	0.39%	0.14%
LOW	C	0.17%	0.36%	0.17%
LRCX	D	0.12%	0.3%	0.12%
LYB	B	0.03%	0.37%	0.03%
MAA	D	0.02%	0.21%	0.02%
MAS	C	0.02%	0.31%	0.02%
MCK	F	0.07%	0.36%	0.07%
MDLZ	D	0.11%	0.38%	0.11%
MDT	C	0.13%	0.24%	0.13%
META	A	1.42%	0.41%	0.41%
MMC	D	0.13%	0.05%	0.05%
MNST	D	0.04%	0.03%	0.03%
MO	D	0.1%	0.36%	0.1%
MOH	F	0.02%	0.16%	0.02%
MOS	F	0.01%	0.17%	0.01%
MPC	D	0.06%	0.38%	0.06%
MRK	F	0.33%	0.3%	0.3%
MRO	B	0.02%	0.34%	0.02%
MSFT	D	3.65%	0.35%	0.35%
MSI	A	0.09%	0.4%	0.09%
NEM	C	0.07%	0.25%	0.07%
NI	A	0.02%	0.39%	0.02%
NKE	D	0.12%	0.07%	0.07%
NRG	A	0.02%	0.45%	0.02%
NTAP	D	0.03%	0.33%	0.03%
NUE	D	0.04%	0.31%	0.04%
NVDA	B	3.42%	0.39%	0.39%
NVR	C	0.03%	0.4%	0.03%
ORCL	A	0.31%	0.37%	0.31%
ORLY	A	0.08%	0.35%	0.08%
OXY	D	0.04%	0.1%	0.04%
PCAR	D	0.06%	0.05%	0.05%
PEG	A	0.05%	0.42%	0.05%
PEP	F	0.27%	0.36%	0.27%
PFG	A	0.02%	0.11%	0.02%
PG	D	0.47%	0.38%	0.38%
PGR	B	0.17%	0.39%	0.17%
PH	A	0.09%	0.36%	0.09%
PHM	C	0.03%	0.41%	0.03%
PKG	B	0.02%	0.27%	0.02%
PLD	D	0.13%	0.01%	0.01%
PM	D	0.22%	0.37%	0.22%
PNW	C	0.01%	0.39%	0.01%
PPL	C	0.03%	0.39%	0.03%
PRU	B	0.05%	0.09%	0.05%
PSA	C	0.07%	0.36%	0.07%
PSX	D	0.06%	0.35%	0.06%
PWR	A	0.05%	0.42%	0.05%
QCOM	D	0.22%	0.31%	0.22%
REG	C	0.01%	0.37%	0.01%
REGN	D	0.13%	0.35%	0.13%
RF	B	0.02%	0.08%	0.02%
RMD	C	0.04%	0.07%	0.04%
ROST	D	0.06%	0.25%	0.06%
RSG	D	0.05%	0.38%	0.05%
SJM	D	0.01%	0.23%	0.01%
SO	A	0.11%	0.39%	0.11%
SPG	A	0.06%	0.39%	0.06%
SRE	C	0.06%	0.34%	0.06%
STE	D	0.03%	0.27%	0.03%
STLD	C	0.02%	0.35%	0.02%
STT	A	0.03%	0.12%	0.03%
STZ	D	0.05%	0.33%	0.05%
SWKS	F	0.02%	0.17%	0.02%
SYF	A	0.02%	0.39%	0.02%
SYK	C	0.14%	0.27%	0.14%
SYY	D	0.04%	0.38%	0.04%
T	B	0.18%	0.4%	0.18%
TAP	D	0.01%	0.38%	0.01%
TGT	C	0.08%	0.24%	0.08%
TJX	D	0.15%	0.34%	0.15%
TMO	D	0.27%	0.17%	0.17%
TMUS	A	0.11%	0.4%	0.11%
TRGP	A	0.04%	0.38%	0.04%
TSCO	A	0.04%	0.35%	0.04%
TSN	D	0.02%	0.35%	0.02%
UHS	D	0.02%	0.4%	0.02%
UNH	B	0.61%	0.34%	0.34%
UNP	F	0.17%	0.28%	0.17%
USB	C	0.08%	0.1%	0.08%
VICI	C	0.04%	0.35%	0.04%
VLO	F	0.05%	0.39%	0.05%
VLTO	A	0.03%	0.04%	0.03%
VRTX	D	0.14%	0.36%	0.14%
VST	A	0.04%	0.53%	0.04%
VTR	C	0.03%	0.25%	0.03%
VTRS	D	0.02%	0.22%	0.02%
VZ	C	0.22%	0.42%	0.22%
WEC	B	0.03%	0.34%	0.03%
WELL	C	0.08%	0.38%	0.08%
WM	B	0.09%	0.38%	0.09%
WMB	A	0.06%	0.33%	0.06%
WRB	C	0.02%	0.11%	0.02%
WST	D	0.03%	0.25%	0.03%
WY	C	0.03%	0.34%	0.03%
XEL	C	0.04%	0.34%	0.04%
XOM	A	0.59%	0.38%	0.38%
ZTS	C	0.1%	0.3%	0.1%

PHDG Overweight 269 Positions Relative to JPUS

Symbol	Grade	Weight
AMZN	C	2.01%
GOOG	B	0.91%
TSLA	C	0.83%
JPM	C	0.68%
V	B	0.53%
MA	A	0.47%
COST	C	0.45%
HD	A	0.45%
JNJ	D	0.44%
WMT	A	0.4%
NFLX	A	0.35%
AMD	C	0.31%
CRM	B	0.31%
MCD	A	0.25%
GE	B	0.23%
WFC	B	0.22%
TXN	C	0.22%
NOW	B	0.21%
ISRG	C	0.2%
DIS	D	0.2%
NEE	C	0.2%
SPGI	C	0.19%
PFE	D	0.19%
GS	B	0.18%
UBER	C	0.18%
RTX	A	0.18%
AXP	A	0.17%
HON	C	0.16%
MS	A	0.15%
BLK	A	0.15%
C	B	0.14%
MU	D	0.14%
BSX	A	0.14%
SBUX	B	0.13%
BX	C	0.13%
ADP	A	0.13%
INTC	D	0.12%
FI	A	0.12%
DE	C	0.12%
AMT	D	0.12%
PANW	B	0.12%
SCHW	D	0.11%
UPS	D	0.11%
EQIX	C	0.1%
TT	A	0.1%
KKR	A	0.1%
SHW	C	0.1%
BA	F	0.1%
ICE	A	0.1%
MCO	D	0.09%
AON	A	0.09%
MMM	C	0.09%
SNPS	F	0.09%
CME	A	0.09%
TDG	A	0.09%
CMG	C	0.09%
PYPL	A	0.09%
CRWD	D	0.08%
APD	C	0.08%
GEV	A	0.08%
CTAS	C	0.08%
PNC	C	0.08%
NOC	B	0.08%
PLTR	A	0.08%
ABNB	D	0.07%
TFC	D	0.07%
ADSK	B	0.07%
HLT	A	0.07%
MAR	A	0.07%
ROP	D	0.07%
SLB	D	0.07%
FDX	F	0.07%
AJG	C	0.07%
EMR	B	0.07%
NXPI	F	0.07%
FTNT	A	0.06%
DLR	C	0.06%
MET	A	0.06%
ALL	A	0.06%
JCI	C	0.06%
OKE	A	0.06%
GM	D	0.06%
BK	A	0.06%
TRV	B	0.06%
URI	C	0.06%
O	C	0.06%
NSC	C	0.06%
YUM	C	0.05%
IR	A	0.05%
CNC	F	0.05%
AME	C	0.05%
EW	F	0.05%
IQV	F	0.05%
RCL	B	0.05%
IDXX	D	0.05%
OTIS	A	0.05%
PCG	C	0.05%
PAYX	B	0.05%
A	B	0.05%
MCHP	F	0.05%
LHX	A	0.05%
MPWR	B	0.05%
CPRT	B	0.05%
MSCI	B	0.05%
FIS	A	0.05%
TEL	D	0.05%
AIG	C	0.05%
FICO	C	0.05%
CDW	D	0.04%
CSGP	F	0.04%
ROK	D	0.04%
EBAY	A	0.04%
PPG	D	0.04%
MTD	C	0.04%
ON	F	0.04%
LULU	D	0.04%
WAB	A	0.04%
XYL	C	0.04%
VMC	D	0.04%
MLM	F	0.04%
DAL	C	0.04%
DELL	C	0.04%
HPQ	B	0.04%
GLW	C	0.04%
EFX	D	0.04%
BKR	B	0.04%
ODFL	F	0.04%
HES	D	0.04%
COR	F	0.04%
DD	C	0.04%
EXR	D	0.04%
VRSK	D	0.04%
HWM	A	0.04%
HUM	F	0.04%
PTC	B	0.03%
CPAY	A	0.03%
MRNA	F	0.03%
GDDY	B	0.03%
ZBH	F	0.03%
WDC	C	0.03%
RJF	B	0.03%
AEE	A	0.03%
EL	D	0.03%
ES	D	0.03%
BRO	A	0.03%
TTWO	D	0.03%
TROW	D	0.03%
SW	C	0.03%
DECK	B	0.03%
TYL	D	0.03%
BR	B	0.03%
HAL	D	0.03%
SBAC	C	0.03%
GPN	F	0.03%
DOV	C	0.03%
DXCM	F	0.03%
FSLR	C	0.03%
KEYS	B	0.03%
FTV	C	0.03%
AXON	A	0.03%
AWK	D	0.03%
ANSS	D	0.03%
BIIB	F	0.03%
MTB	A	0.03%
WTW	C	0.03%
NDAQ	C	0.03%
ERIE	A	0.02%
UDR	C	0.02%
JBHT	D	0.02%
ROL	C	0.02%
NDSN	C	0.02%
AES	C	0.02%
L	C	0.02%
POOL	D	0.02%
JBL	C	0.02%
DPZ	D	0.02%
TRMB	B	0.02%
GEN	A	0.02%
DLTR	F	0.02%
SNA	C	0.02%
AKAM	D	0.02%
LYV	A	0.02%
RVTY	C	0.02%
LNT	B	0.02%
ENPH	F	0.02%
DOC	C	0.02%
PNR	C	0.02%
IEX	D	0.02%
PODD	C	0.02%
AMCR	C	0.02%
VRSN	C	0.02%
TXT	F	0.02%
SWK	C	0.02%
FDS	C	0.02%
LUV	B	0.02%
ALGN	D	0.02%
EXPD	D	0.02%
NTRS	B	0.02%
CNP	B	0.02%
LVS	B	0.02%
WBD	F	0.02%
CCL	C	0.02%
EXPE	B	0.02%
ZBRA	B	0.02%
ARE	D	0.02%
UAL	A	0.02%
DG	F	0.02%
ULTA	D	0.02%
J	F	0.02%
GPC	D	0.02%
BAX	D	0.02%
OMC	C	0.02%
INVH	D	0.02%
APTV	D	0.02%
TDY	A	0.02%
BALL	C	0.02%
MKC	C	0.02%
TER	C	0.02%
WAT	B	0.02%
SMCI	F	0.02%
STX	C	0.02%
CINF	A	0.02%
EQT	C	0.02%
FOX	B	0.01%
PARA	F	0.01%
BEN	F	0.01%
WBA	F	0.01%
BBWI	F	0.01%
RL	B	0.01%
IVZ	A	0.01%
PAYC	D	0.01%
FMC	C	0.01%
BWA	C	0.01%
MHK	C	0.01%
GL	C	0.01%
APA	F	0.01%
NCLH	C	0.01%
CZR	B	0.01%
WYNN	B	0.01%
SOLV	C	0.01%
HSIC	D	0.01%
GNRC	B	0.01%
HAS	A	0.01%
DAY	C	0.01%
LW	D	0.01%
MKTX	B	0.01%
FOXA	B	0.01%
MGM	D	0.01%
QRVO	F	0.01%
MTCH	B	0.01%
NWSA	D	0.01%
CRL	F	0.01%
HII	F	0.01%
AIZ	B	0.01%
INCY	B	0.01%
LKQ	F	0.01%
CTLT	A	0.01%
TPR	B	0.01%
ALB	D	0.01%
EPAM	F	0.01%
BXP	B	0.01%
TFX	C	0.01%
KMX	F	0.01%
TECH	D	0.01%
ALLE	A	0.01%
CHRW	C	0.01%
FFIV	B	0.01%
JKHY	A	0.01%
NWS	D	0.0%

PHDG Underweight 119 Positions Relative to JPUS

Symbol	Grade	Weight
CIEN	A	-0.47%
JLL	C	-0.43%
SCCO	B	-0.43%
TOL	C	-0.42%
USFD	C	-0.42%
PFGC	A	-0.42%
UNM	A	-0.41%
THC	D	-0.41%
LAMR	C	-0.41%
UTHR	C	-0.4%
DKS	D	-0.4%
CLH	B	-0.4%
FYBR	C	-0.39%
HRB	C	-0.39%
INGR	B	-0.39%
OHI	C	-0.39%
CUBE	C	-0.39%
AM	A	-0.38%
FCNCA	D	-0.38%
WLK	C	-0.38%
POST	C	-0.38%
CASY	D	-0.38%
WSM	C	-0.37%
NXST	D	-0.36%
GLPI	C	-0.36%
RS	D	-0.36%
BRX	C	-0.36%
FNF	C	-0.35%
OGE	C	-0.35%
MTG	A	-0.35%
PAG	D	-0.34%
ALSN	A	-0.34%
BAH	C	-0.33%
X	F	-0.33%
UGI	C	-0.33%
OC	C	-0.31%
NFG	A	-0.3%
ACI	F	-0.3%
OLN	D	-0.3%
GNTX	D	-0.29%
ESI	C	-0.29%
LNG	A	-0.29%
ORI	A	-0.29%
DINO	F	-0.28%
SPB	C	-0.27%
JEF	A	-0.26%
MSM	D	-0.26%
RPM	A	-0.26%
SNX	C	-0.25%
DOX	B	-0.25%
STAG	D	-0.25%
ITT	C	-0.24%
PK	D	-0.24%
WPC	C	-0.24%
CNM	F	-0.23%
ALLY	F	-0.23%
ASH	F	-0.22%
BPOP	D	-0.22%
FLO	D	-0.22%
TKR	B	-0.22%
COKE	C	-0.22%
SAM	D	-0.21%
BRBR	A	-0.21%
PR	D	-0.2%
CLF	D	-0.2%
HUN	B	-0.2%
EPR	C	-0.19%
NNN	C	-0.19%
NEU	F	-0.19%
MEDP	F	-0.19%
OMF	D	-0.19%
GAP	F	-0.19%
STWD	C	-0.19%
EXP	C	-0.19%
CHE	D	-0.18%
APO	A	-0.18%
M	D	-0.18%
PPC	C	-0.18%
FR	D	-0.17%
CSL	A	-0.16%
RGA	B	-0.16%
KRC	C	-0.16%
SCI	D	-0.16%
RHI	D	-0.15%
HIW	C	-0.15%
R	C	-0.15%
DTM	A	-0.14%
CACI	A	-0.14%
WU	D	-0.13%
CRUS	D	-0.12%
UI	B	-0.11%
VVV	D	-0.11%
VIRT	B	-0.11%
SMG	C	-0.11%
SLM	B	-0.09%
LOPE	D	-0.08%
LPX	C	-0.08%
SAIC	A	-0.08%
RGLD	C	-0.08%
RBC	C	-0.07%
IRDM	C	-0.07%
EGP	D	-0.07%
NSA	D	-0.06%
TNL	B	-0.06%
CWEN	C	-0.06%
AFG	A	-0.06%
DLB	D	-0.06%
RRC	D	-0.05%
HOG	D	-0.04%
AGO	B	-0.04%
SSNC	C	-0.04%
LSTR	F	-0.04%
FTRE	F	-0.03%
CRI	D	-0.03%
LEG	D	-0.02%
IDA	D	-0.02%
KSS	D	-0.01%
SON	D	-0.01%
ROKU	C	-0.0%