PHDG vs. SPDW ETF Comparison

Comparison of PowerShares S&P 500 Downside Hedged Portfolio (PHDG) to SPDR Portfolio World ex-US ETF (SPDW)

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

$38.21

Average Daily Volume

14,226

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

SPDW

SPDR Portfolio World ex-US ETF

SPDW Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Developed Ex-U.S.BMI Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in developed countries outside the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.56

Average Daily Volume

1,806,426

Number of Holdings ^*

115

* may have additional holdings in another (foreign) market

Performance

Period	PHDG	SPDW
30 Days	1.84%	1.08%
60 Days	3.80%	6.73%
90 Days	2.45%	6.70%
12 Months	25.27%	24.58%

2 Overlapping Holdings

	Symbol	Grade	Weight in PHDG	Weight in SPDW	Overlap
	ABBV	B	0.39%	0.38%	0.38%
	SW	B	0.03%	0.0%	0.0%

PHDG Overweight 494 Positions Relative to SPDW

Symbol	Grade	Weight
AAPL	B	3.77%
MSFT	C	3.72%
NVDA	C	3.31%
AMZN	C	1.99%
META	B	1.4%
GOOGL	D	1.09%
BRK.A	C	0.95%
GOOG	D	0.91%
AVGO	C	0.83%
LLY	D	0.83%
TSLA	B	0.77%
JPM	D	0.69%
UNH	B	0.61%
XOM	B	0.59%
V	C	0.51%
COST	C	0.46%
MA	B	0.46%
PG	C	0.46%
JNJ	C	0.45%
HD	A	0.44%
WMT	B	0.38%
NFLX	B	0.35%
MRK	F	0.34%
BAC	C	0.32%
ORCL	B	0.31%
KO	B	0.31%
CRM	C	0.3%
AMD	C	0.29%
CVX	D	0.28%
ADBE	F	0.27%
TMO	B	0.27%
PEP	D	0.27%
LIN	B	0.26%
CSCO	A	0.24%
ACN	C	0.24%
MCD	A	0.24%
ABT	C	0.23%
GE	B	0.23%
NOW	C	0.22%
TXN	B	0.22%
QCOM	D	0.22%
WFC	D	0.22%
IBM	B	0.22%
AMGN	D	0.21%
DHR	B	0.21%
CAT	B	0.21%
INTU	D	0.21%
VZ	B	0.21%
PM	C	0.21%
ISRG	B	0.2%
GS	B	0.19%
AMAT	C	0.19%
SPGI	C	0.19%
PFE	D	0.19%
NEE	B	0.19%
DIS	D	0.19%
UBER	C	0.18%
CMCSA	C	0.18%
RTX	B	0.18%
LOW	A	0.17%
PGR	C	0.17%
UNP	C	0.17%
AXP	A	0.17%
T	B	0.17%
BKNG	B	0.16%
COP	F	0.15%
BLK	A	0.15%
ETN	B	0.15%
HON	C	0.15%
TJX	C	0.15%
MDT	A	0.14%
PLD	C	0.14%
C	C	0.14%
LMT	A	0.14%
REGN	D	0.14%
BSX	B	0.14%
VRTX	D	0.14%
SYK	C	0.14%
ELV	D	0.14%
MS	B	0.14%
SBUX	C	0.13%
MMC	D	0.13%
ADP	B	0.13%
BX	C	0.13%
ADI	C	0.13%
CB	B	0.13%
CI	D	0.12%
TMUS	B	0.12%
LRCX	D	0.12%
KLAC	D	0.12%
GILD	B	0.12%
DE	A	0.12%
PANW	C	0.12%
AMT	C	0.12%
ANET	B	0.11%
UPS	D	0.11%
SCHW	D	0.11%
SO	A	0.11%
NKE	D	0.11%
MU	D	0.11%
BMY	C	0.11%
MDLZ	C	0.11%
CL	C	0.1%
MO	C	0.1%
TT	A	0.1%
ZTS	B	0.1%
KKR	C	0.1%
SHW	B	0.1%
DUK	C	0.1%
BA	F	0.1%
INTC	D	0.1%
ICE	B	0.1%
PNC	B	0.09%
WM	D	0.09%
WELL	B	0.09%
AON	C	0.09%
CDNS	D	0.09%
MCO	C	0.09%
CME	A	0.09%
TDG	A	0.09%
HCA	A	0.09%
APH	C	0.09%
SNPS	F	0.09%
CMG	D	0.09%
PH	B	0.09%
PYPL	B	0.09%
EQIX	B	0.09%
CEG	C	0.08%
ORLY	B	0.08%
MCK	F	0.08%
GEV	B	0.08%
CARR	B	0.08%
BDX	C	0.08%
FDX	D	0.08%
CSX	D	0.08%
GD	C	0.08%
ITW	B	0.08%
CTAS	B	0.08%
EOG	D	0.08%
TGT	C	0.08%
USB	B	0.08%
NOC	B	0.08%
MSI	A	0.08%
CVS	D	0.08%
MMM	B	0.08%
TFC	D	0.07%
ADSK	B	0.07%
DHI	C	0.07%
COF	B	0.07%
MAR	C	0.07%
MPC	F	0.07%
ROP	C	0.07%
EMR	C	0.07%
NXPI	F	0.07%
SLB	F	0.07%
AJG	D	0.07%
NEM	C	0.07%
ECL	A	0.07%
APD	B	0.07%
CRWD	D	0.07%
FCX	C	0.07%
D	B	0.06%
MET	A	0.06%
AIG	D	0.06%
JCI	A	0.06%
CCI	B	0.06%
ALL	C	0.06%
DLR	B	0.06%
ROST	C	0.06%
PCAR	D	0.06%
SRE	A	0.06%
O	A	0.06%
URI	B	0.06%
AZO	D	0.06%
BK	B	0.06%
AEP	B	0.06%
TRV	C	0.06%
SPG	B	0.06%
OKE	C	0.06%
WMB	B	0.06%
GM	D	0.06%
AFL	A	0.06%
PSX	F	0.06%
HLT	B	0.06%
PSA	A	0.06%
ABNB	D	0.06%
NSC	C	0.06%
AME	C	0.05%
IT	C	0.05%
STZ	C	0.05%
CNC	D	0.05%
EW	F	0.05%
RCL	B	0.05%
CTVA	A	0.05%
FAST	C	0.05%
RSG	D	0.05%
PEG	A	0.05%
A	C	0.05%
ACGL	C	0.05%
KMI	B	0.05%
PCG	C	0.05%
CMI	B	0.05%
GIS	C	0.05%
PWR	B	0.05%
MCHP	D	0.05%
IDXX	D	0.05%
PAYX	B	0.05%
F	F	0.05%
LHX	B	0.05%
PRU	C	0.05%
KVUE	B	0.05%
MSCI	C	0.05%
MPWR	B	0.05%
IQV	D	0.05%
GWW	B	0.05%
VLO	F	0.05%
CPRT	D	0.05%
TEL	C	0.05%
AMP	A	0.05%
FIS	C	0.05%
LEN	B	0.05%
KMB	C	0.05%
FICO	B	0.05%
FTNT	A	0.05%
CDW	D	0.04%
NDAQ	C	0.04%
ADM	D	0.04%
LULU	D	0.04%
MTD	B	0.04%
WAB	B	0.04%
ON	D	0.04%
EBAY	A	0.04%
EIX	B	0.04%
FANG	F	0.04%
CSGP	F	0.04%
CHTR	D	0.04%
AVB	C	0.04%
XYL	C	0.04%
IRM	B	0.04%
VMC	C	0.04%
MLM	D	0.04%
TRGP	C	0.04%
EA	D	0.04%
VICI	B	0.04%
GLW	B	0.04%
HIG	A	0.04%
DD	B	0.04%
OXY	F	0.04%
ED	B	0.04%
XEL	A	0.04%
RMD	C	0.04%
NUE	D	0.04%
DFS	C	0.04%
BKR	C	0.04%
ODFL	C	0.04%
KR	A	0.04%
MNST	D	0.04%
HES	D	0.04%
SYY	C	0.04%
YUM	B	0.04%
CBRE	A	0.04%
DOW	C	0.04%
EFX	C	0.04%
CTSH	B	0.04%
HUM	F	0.04%
HWM	A	0.04%
VRSK	D	0.04%
EXR	B	0.04%
GEHC	A	0.04%
OTIS	B	0.04%
KDP	B	0.04%
EXC	A	0.04%
IR	B	0.04%
ZBH	F	0.03%
CPAY	B	0.03%
SMCI	F	0.03%
AEE	A	0.03%
FE	B	0.03%
GDDY	C	0.03%
MRNA	F	0.03%
HUBB	B	0.03%
WST	D	0.03%
RJF	C	0.03%
PPL	A	0.03%
DECK	C	0.03%
STE	B	0.03%
ES	A	0.03%
BRO	B	0.03%
VLTO	A	0.03%
TTWO	C	0.03%
WY	C	0.03%
HPE	C	0.03%
BLDR	C	0.03%
BR	B	0.03%
TROW	D	0.03%
LYB	D	0.03%
TYL	B	0.03%
NTAP	D	0.03%
CHD	C	0.03%
VTR	B	0.03%
DTE	A	0.03%
SBAC	C	0.03%
FSLR	C	0.03%
DVN	F	0.03%
HAL	F	0.03%
DOV	B	0.03%
IFF	B	0.03%
GRMN	D	0.03%
EQR	C	0.03%
STT	B	0.03%
CAH	C	0.03%
KEYS	B	0.03%
FTV	C	0.03%
ETR	A	0.03%
AXON	A	0.03%
KHC	C	0.03%
ANSS	D	0.03%
NVR	A	0.03%
DXCM	F	0.03%
GPN	D	0.03%
HSY	D	0.03%
AWK	C	0.03%
BIIB	F	0.03%
TSCO	A	0.03%
WTW	A	0.03%
WEC	A	0.03%
FITB	B	0.03%
MTB	B	0.03%
HPQ	C	0.03%
VST	B	0.03%
DAL	C	0.03%
PPG	D	0.03%
PHM	B	0.03%
ROK	D	0.03%
JBL	D	0.02%
AES	C	0.02%
CPT	C	0.02%
UDR	C	0.02%
EVRG	B	0.02%
ROL	B	0.02%
NDSN	C	0.02%
VTRS	D	0.02%
UHS	C	0.02%
BG	F	0.02%
JBHT	D	0.02%
POOL	C	0.02%
L	D	0.02%
DPZ	D	0.02%
TRMB	C	0.02%
LYV	A	0.02%
SNA	B	0.02%
NI	A	0.02%
AKAM	D	0.02%
CF	B	0.02%
DLTR	F	0.02%
LNT	A	0.02%
LVS	C	0.02%
DOC	B	0.02%
CAG	B	0.02%
KIM	C	0.02%
MRO	D	0.02%
VRSN	C	0.02%
PNR	A	0.02%
IEX	C	0.02%
SWKS	F	0.02%
ENPH	D	0.02%
AMCR	B	0.02%
KEY	B	0.02%
SWK	A	0.02%
PODD	C	0.02%
EG	C	0.02%
TXT	D	0.02%
NRG	B	0.02%
DGX	B	0.02%
UAL	C	0.02%
LUV	C	0.02%
IP	C	0.02%
AVY	C	0.02%
WRB	C	0.02%
CTRA	F	0.02%
TSN	D	0.02%
STLD	C	0.02%
EXPD	A	0.02%
FDS	C	0.02%
ALGN	D	0.02%
CNP	C	0.02%
EXPE	C	0.02%
MAS	A	0.02%
PFG	B	0.02%
J	D	0.02%
ZBRA	B	0.02%
WBD	D	0.02%
BBY	A	0.02%
NTRS	C	0.02%
CCL	C	0.02%
DG	F	0.02%
PKG	B	0.02%
APTV	D	0.02%
CFG	D	0.02%
ARE	C	0.02%
HOLX	B	0.02%
MAA	C	0.02%
ULTA	D	0.02%
GPC	D	0.02%
BAX	D	0.02%
WAT	B	0.02%
CLX	C	0.02%
ESS	C	0.02%
STX	B	0.02%
OMC	A	0.02%
EL	D	0.02%
MOH	D	0.02%
SYF	C	0.02%
DRI	C	0.02%
ATO	A	0.02%
EQT	C	0.02%
TDY	B	0.02%
CMS	A	0.02%
INVH	D	0.02%
BALL	C	0.02%
TER	C	0.02%
MKC	C	0.02%
LDOS	A	0.02%
K	A	0.02%
CINF	B	0.02%
RF	A	0.02%
PTC	C	0.02%
WDC	C	0.02%
HBAN	B	0.02%
CBOE	C	0.02%
FOX	A	0.01%
PARA	F	0.01%
BEN	F	0.01%
ETSY	F	0.01%
WBA	F	0.01%
BBWI	D	0.01%
BIO	C	0.01%
RL	B	0.01%
AAL	D	0.01%
WYNN	C	0.01%
BWA	C	0.01%
IVZ	B	0.01%
FMC	B	0.01%
PAYC	D	0.01%
MHK	B	0.01%
DVA	B	0.01%
FRT	B	0.01%
MOS	F	0.01%
NCLH	C	0.01%
GNRC	D	0.01%
CZR	C	0.01%
GL	D	0.01%
APA	F	0.01%
HSIC	C	0.01%
HRL	F	0.01%
FOXA	A	0.01%
HAS	A	0.01%
DAY	C	0.01%
MGM	D	0.01%
LW	D	0.01%
MTCH	C	0.01%
TPR	B	0.01%
MKTX	D	0.01%
QRVO	F	0.01%
SOLV	D	0.01%
CPB	D	0.01%
TAP	D	0.01%
NWSA	D	0.01%
AIZ	B	0.01%
PNW	C	0.01%
AOS	B	0.01%
ALB	D	0.01%
HII	D	0.01%
INCY	C	0.01%
CRL	F	0.01%
LKQ	F	0.01%
CTLT	B	0.01%
EPAM	F	0.01%
TFX	B	0.01%
REG	C	0.01%
BXP	B	0.01%
IPG	C	0.01%
CHRW	A	0.01%
KMX	D	0.01%
ALLE	A	0.01%
JNPR	B	0.01%
TECH	C	0.01%
SJM	C	0.01%
FFIV	B	0.01%
EMN	B	0.01%
JKHY	A	0.01%
HST	D	0.01%
CE	D	0.01%
NWS	D	0.0%

PHDG Underweight 113 Positions Relative to SPDW

Symbol	Grade	Weight
NVS	C	-0.92%
TM	D	-0.86%
UL	B	-0.66%
MUFG	D	-0.5%
SONY	C	-0.48%
TD	C	-0.48%
SHOP	C	-0.39%
SMFG	D	-0.33%
CNI	D	-0.31%
DEO	C	-0.3%
HMC	D	-0.23%
LYG	B	-0.22%
MFG	D	-0.2%
SPOT	C	-0.2%
WCN	D	-0.19%
BCS	B	-0.17%
E	D	-0.15%
SE	B	-0.13%
STLA	F	-0.13%
KB	D	-0.12%
CHKP	B	-0.1%
ICLR	F	-0.1%
PKX	D	-0.1%
CPNG	C	-0.1%
SHG	C	-0.09%
CCEP	C	-0.08%
TEVA	D	-0.08%
CYBR	A	-0.07%
NMR	F	-0.07%
XRX	D	-0.06%
ARM	C	-0.06%
LOGI	D	-0.06%
FLEX	B	-0.06%
ONON	C	-0.05%
MT	C	-0.05%
BNTX	C	-0.04%
GRAB	B	-0.04%
MNDY	B	-0.04%
QGEN	D	-0.04%
KEP	D	-0.03%
GLNG	B	-0.03%
FLUT	C	-0.03%
AGCO	D	-0.03%
OTEX	D	-0.03%
GSL	C	-0.03%
GLOB	D	-0.03%
WIX	C	-0.03%
AER	C	-0.03%
KRNT	B	-0.02%
IAG	C	-0.02%
AEI	C	-0.02%
FUTU	C	-0.02%
XENE	F	-0.02%
ASND	C	-0.02%
WFG	A	-0.02%
MRUS	D	-0.02%
MBAVU	D	-0.02%
MLCO	C	-0.01%
CSTM	D	-0.01%
LSPD	C	-0.01%
NAT	D	-0.01%
IMCR	F	-0.01%
DAVA	F	-0.01%
URGN	F	-0.01%
AY	B	-0.01%
GLBE	C	-0.01%
LPL	D	-0.01%
GRFS	C	-0.01%
TAC	B	-0.01%
IGT	F	-0.01%
LPL	D	-0.01%
NOMD	C	-0.01%
ZIM	B	-0.01%
BIRK	F	-0.01%
MNMD	F	-0.0%
MAXN	F	-0.0%
MTLS	D	-0.0%
RENB	F	-0.0%
FREY	F	-0.0%
HL	C	-0.0%
GRVY	F	-0.0%
ORMP	D	-0.0%
CVAC	F	-0.0%
CALX	C	-0.0%
TLRY	F	-0.0%
AMRN	F	-0.0%
LILM	F	-0.0%
EU	D	-0.0%
TMC	D	-0.0%
DNN	D	-0.0%
ADAP	F	-0.0%
MNTX	D	-0.0%
NNOX	F	-0.0%
NNDM	C	-0.0%
GSM	D	-0.0%
NBTX	D	-0.0%
INVZ	D	-0.0%
ABCL	F	-0.0%
SNDL	D	-0.0%
CHGX	A	-0.0%
ELBM	D	-0.0%
SSYS	D	-0.0%
PIXY	F	-0.0%
AUPH	C	-0.0%
RDWR	B	-0.0%
SPNS	C	-0.0%
JMIA	F	-0.0%
INMD	D	-0.0%
HCM	D	-0.0%
PDS	F	-0.0%
CSIQ	D	-0.0%
IMTX	D	-0.0%
FVRR	C	-0.0%