PHDG vs. SPYG ETF Comparison

Comparison of PowerShares S&P 500 Downside Hedged Portfolio (PHDG) to SPDR S&P 500 Growth ETF (based on S&P 500 Growth Index) (SPYG)

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

SPYG

SPDR S&P 500 Growth ETF (based on S&P 500 Growth Index)

SPYG Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded U.S. equity securities exhibiting "growth" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P 500 Growth Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the large-capitalization growth sector in the U.S. equity market. It is non-diversified.

Grade (RS Rating)

Last Trade

$86.30

Average Daily Volume

2,018,364

Number of Holdings ^*

231

* may have additional holdings in another (foreign) market

Performance

Period	PHDG	SPYG
30 Days	0.66%	3.28%
60 Days	1.51%	4.99%
90 Days	1.58%	6.37%
12 Months	18.52%	37.95%

231 Overlapping Holdings

Symbol	Grade	Weight in PHDG	Weight in SPYG	Overlap
AAPL	C	3.74%	11.97%	3.74%
ABBV	D	0.32%	0.38%	0.32%
ABNB	C	0.06%	0.1%	0.06%
ACGL	D	0.04%	0.13%	0.04%
ACN	C	0.24%	0.42%	0.24%
ADBE	C	0.25%	0.81%	0.25%
ADI	D	0.11%	0.21%	0.11%
ADP	B	0.13%	0.17%	0.13%
ADSK	A	0.07%	0.12%	0.07%
AJG	B	0.07%	0.11%	0.07%
AKAM	D	0.01%	0.02%	0.01%
ALGN	D	0.02%	0.03%	0.02%
ALLE	D	0.01%	0.02%	0.01%
AMAT	F	0.17%	0.53%	0.17%
AMD	F	0.24%	0.78%	0.24%
AME	A	0.05%	0.07%	0.05%
AMP	A	0.06%	0.1%	0.06%
AMT	D	0.1%	0.13%	0.1%
AMZN	C	2.13%	6.82%	2.13%
ANET	C	0.11%	0.34%	0.11%
ANSS	B	0.03%	0.06%	0.03%
AON	A	0.09%	0.14%	0.09%
AOS	F	0.01%	0.02%	0.01%
APA	D	0.01%	0.03%	0.01%
APH	A	0.09%	0.17%	0.09%
AVGO	D	0.86%	2.74%	0.86%
AXON	A	0.05%	0.15%	0.05%
AXP	A	0.17%	0.39%	0.17%
AZO	C	0.06%	0.13%	0.06%
BA	F	0.11%	0.15%	0.11%
BKNG	A	0.18%	0.58%	0.18%
BLDR	D	0.02%	0.07%	0.02%
BR	A	0.03%	0.05%	0.03%
BRO	B	0.03%	0.07%	0.03%
BSX	B	0.14%	0.24%	0.14%
BX	A	0.14%	0.32%	0.14%
CARR	D	0.07%	0.1%	0.07%
CAT	B	0.2%	0.38%	0.2%
CBOE	B	0.02%	0.05%	0.02%
CCL	B	0.03%	0.06%	0.03%
CDNS	B	0.09%	0.29%	0.09%
CDW	F	0.03%	0.03%	0.03%
CE	F	0.01%	0.03%	0.01%
CEG	D	0.08%	0.11%	0.08%
CF	B	0.02%	0.03%	0.02%
CHD	B	0.03%	0.04%	0.03%
CHTR	C	0.04%	0.06%	0.04%
CL	D	0.08%	0.1%	0.08%
CME	A	0.09%	0.1%	0.09%
CMG	B	0.09%	0.28%	0.09%
COP	C	0.14%	0.31%	0.14%
COST	B	0.44%	0.59%	0.44%
CPAY	A	0.03%	0.09%	0.03%
CPRT	A	0.05%	0.17%	0.05%
CRM	B	0.35%	1.11%	0.35%
CRWD	B	0.09%	0.27%	0.09%
CSGP	D	0.03%	0.05%	0.03%
CSX	B	0.07%	0.12%	0.07%
CTAS	B	0.08%	0.14%	0.08%
CTRA	B	0.02%	0.04%	0.02%
CZR	F	0.01%	0.02%	0.01%
DAL	C	0.04%	0.08%	0.04%
DAY	B	0.01%	0.02%	0.01%
DE	A	0.11%	0.2%	0.11%
DECK	A	0.03%	0.09%	0.03%
DELL	C	0.04%	0.07%	0.04%
DFS	B	0.05%	0.08%	0.05%
DHI	D	0.05%	0.17%	0.05%
DLR	B	0.06%	0.08%	0.06%
DPZ	C	0.02%	0.02%	0.02%
DRI	B	0.02%	0.04%	0.02%
DVA	B	0.01%	0.01%	0.01%
DXCM	D	0.03%	0.06%	0.03%
EA	A	0.04%	0.06%	0.04%
ECL	D	0.07%	0.11%	0.07%
EFX	F	0.03%	0.04%	0.03%
ENPH	F	0.01%	0.01%	0.01%
EOG	A	0.08%	0.18%	0.08%
EPAM	C	0.02%	0.02%	0.02%
EQIX	A	0.09%	0.14%	0.09%
ERIE	D	0.01%	0.02%	0.01%
ETN	A	0.16%	0.31%	0.16%
EW	C	0.04%	0.05%	0.04%
EXPD	D	0.02%	0.02%	0.02%
EXPE	B	0.02%	0.08%	0.02%
FANG	D	0.04%	0.11%	0.04%
FAST	B	0.05%	0.08%	0.05%
FCX	D	0.07%	0.11%	0.07%
FDS	B	0.02%	0.03%	0.02%
FI	A	0.13%	0.22%	0.13%
FICO	B	0.06%	0.2%	0.06%
FTNT	C	0.06%	0.21%	0.06%
FTV	C	0.03%	0.09%	0.03%
GDDY	A	0.03%	0.09%	0.03%
GE	D	0.21%	0.29%	0.21%
GEV	B	0.1%	0.13%	0.1%
GNRC	B	0.01%	0.02%	0.01%
GOOG	C	0.92%	2.94%	0.92%
GOOGL	C	1.11%	3.55%	1.11%
GRMN	B	0.03%	0.06%	0.03%
GWW	B	0.06%	0.14%	0.06%
HCA	F	0.07%	0.11%	0.07%
HD	A	0.43%	0.51%	0.43%
HES	B	0.04%	0.14%	0.04%
HLT	A	0.07%	0.21%	0.07%
HST	C	0.01%	0.03%	0.01%
HSY	F	0.03%	0.03%	0.03%
HUBB	B	0.03%	0.04%	0.03%
HWM	A	0.05%	0.09%	0.05%
IDXX	F	0.04%	0.07%	0.04%
INTU	C	0.21%	0.68%	0.21%
IQV	D	0.04%	0.05%	0.04%
IR	B	0.04%	0.11%	0.04%
IRM	D	0.04%	0.06%	0.04%
ISRG	A	0.21%	0.43%	0.21%
IT	C	0.04%	0.14%	0.04%
ITW	B	0.08%	0.12%	0.08%
JBL	B	0.02%	0.03%	0.02%
KKR	A	0.11%	0.35%	0.11%
KLAC	D	0.09%	0.3%	0.09%
KO	D	0.26%	0.33%	0.26%
LEN	D	0.04%	0.08%	0.04%
LIN	D	0.23%	0.39%	0.23%
LLY	F	0.67%	2.14%	0.67%
LRCX	F	0.11%	0.34%	0.11%
LULU	C	0.04%	0.13%	0.04%
LVS	C	0.02%	0.04%	0.02%
LW	C	0.01%	0.03%	0.01%
LYV	A	0.02%	0.07%	0.02%
MA	C	0.46%	1.07%	0.46%
MAR	B	0.07%	0.23%	0.07%
MAS	D	0.02%	0.03%	0.02%
MCD	D	0.23%	0.32%	0.23%
MCHP	D	0.04%	0.07%	0.04%
MCO	B	0.08%	0.12%	0.08%
MDLZ	F	0.09%	0.13%	0.09%
META	D	1.36%	4.35%	1.36%
MGM	D	0.01%	0.02%	0.01%
MLM	B	0.04%	0.08%	0.04%
MMC	B	0.12%	0.2%	0.12%
MNST	C	0.04%	0.08%	0.04%
MOH	F	0.02%	0.04%	0.02%
MPC	D	0.06%	0.1%	0.06%
MPWR	F	0.03%	0.1%	0.03%
MRK	F	0.27%	0.34%	0.27%
MRO	B	0.02%	0.03%	0.02%
MSCI	C	0.05%	0.09%	0.05%
MSFT	F	3.42%	10.95%	3.42%
MSI	B	0.09%	0.17%	0.09%
MTD	D	0.03%	0.03%	0.03%
NCLH	B	0.01%	0.04%	0.01%
NFLX	A	0.39%	1.24%	0.39%
NKE	D	0.1%	0.13%	0.1%
NOW	A	0.23%	0.74%	0.23%
NTAP	C	0.03%	0.03%	0.03%
NUE	C	0.04%	0.08%	0.04%
NVDA	C	3.89%	12.46%	3.89%
NVR	D	0.03%	0.09%	0.03%
NXPI	D	0.06%	0.15%	0.06%
ODFL	B	0.05%	0.14%	0.05%
OKE	A	0.07%	0.13%	0.07%
ON	D	0.03%	0.04%	0.03%
ORCL	B	0.32%	1.03%	0.32%
ORLY	B	0.08%	0.18%	0.08%
OTIS	C	0.04%	0.05%	0.04%
PANW	C	0.14%	0.44%	0.14%
PAYC	B	0.01%	0.02%	0.01%
PAYX	C	0.05%	0.06%	0.05%
PCAR	B	0.07%	0.15%	0.07%
PEP	F	0.24%	0.28%	0.24%
PG	A	0.42%	0.53%	0.42%
PGR	A	0.16%	0.26%	0.16%
PH	A	0.1%	0.24%	0.1%
PHM	D	0.03%	0.09%	0.03%
PLTR	B	0.13%	0.41%	0.13%
PM	B	0.21%	0.25%	0.21%
PNR	A	0.02%	0.04%	0.02%
PODD	C	0.02%	0.02%	0.02%
POOL	C	0.01%	0.03%	0.01%
PSA	D	0.06%	0.08%	0.06%
PTC	A	0.02%	0.05%	0.02%
PWR	A	0.05%	0.11%	0.05%
QCOM	F	0.2%	0.33%	0.2%
RCL	A	0.06%	0.19%	0.06%
REGN	F	0.09%	0.17%	0.09%
RL	B	0.01%	0.02%	0.01%
ROK	B	0.04%	0.05%	0.04%
ROL	B	0.02%	0.02%	0.02%
ROP	B	0.07%	0.09%	0.07%
ROST	C	0.05%	0.16%	0.05%
RSG	A	0.05%	0.08%	0.05%
SBAC	D	0.03%	0.03%	0.03%
SBUX	A	0.12%	0.23%	0.12%
SHW	A	0.1%	0.16%	0.1%
SMCI	F	0.01%	0.03%	0.01%
SNA	A	0.02%	0.03%	0.02%
SNPS	B	0.09%	0.29%	0.09%
SPG	B	0.06%	0.07%	0.06%
SPGI	C	0.18%	0.25%	0.18%
STE	F	0.02%	0.04%	0.02%
STLD	B	0.02%	0.04%	0.02%
STX	D	0.02%	0.03%	0.02%
SYK	C	0.14%	0.29%	0.14%
TDG	D	0.08%	0.25%	0.08%
TJX	A	0.15%	0.3%	0.15%
TMO	F	0.22%	0.27%	0.22%
TRGP	B	0.05%	0.14%	0.05%
TSCO	D	0.03%	0.04%	0.03%
TSLA	B	0.93%	2.98%	0.93%
TT	A	0.1%	0.22%	0.1%
TTWO	A	0.03%	0.05%	0.03%
TXN	C	0.2%	0.24%	0.2%
TYL	B	0.03%	0.09%	0.03%
UBER	D	0.16%	0.52%	0.16%
ULTA	F	0.02%	0.04%	0.02%
UNH	C	0.59%	0.72%	0.59%
UNP	C	0.15%	0.22%	0.15%
URI	B	0.06%	0.2%	0.06%
V	A	0.56%	1.17%	0.56%
VMC	B	0.04%	0.08%	0.04%
VRSK	A	0.04%	0.08%	0.04%
VRSN	F	0.02%	0.03%	0.02%
VRTX	F	0.13%	0.28%	0.13%
VST	B	0.05%	0.16%	0.05%
WAT	B	0.02%	0.03%	0.02%
WM	A	0.09%	0.13%	0.09%
WMB	A	0.07%	0.09%	0.07%
WST	C	0.03%	0.08%	0.03%
WYNN	D	0.01%	0.03%	0.01%
YUM	B	0.04%	0.06%	0.04%
ZTS	D	0.09%	0.15%	0.09%

PHDG Overweight 268 Positions Relative to SPYG

Symbol	Grade	Weight
BRK.A	B	0.92%
JPM	A	0.74%
XOM	B	0.58%
WMT	A	0.4%
JNJ	D	0.39%
BAC	A	0.33%
CVX	A	0.3%
WFC	A	0.27%
CSCO	B	0.25%
ABT	B	0.22%
IBM	C	0.21%
DIS	B	0.21%
GS	A	0.2%
VZ	C	0.19%
MS	A	0.18%
CMCSA	B	0.18%
DHR	F	0.17%
LOW	D	0.17%
NEE	D	0.17%
RTX	C	0.17%
AMGN	D	0.17%
T	A	0.17%
BLK	C	0.16%
PFE	D	0.16%
HON	B	0.16%
C	A	0.14%
TMUS	B	0.13%
BMY	B	0.13%
SCHW	B	0.13%
INTC	D	0.12%
CB	C	0.12%
MU	D	0.12%
MDT	D	0.12%
LMT	D	0.12%
GILD	C	0.12%
PLD	D	0.11%
ICE	C	0.1%
CI	F	0.1%
ELV	F	0.1%
MO	A	0.1%
SO	D	0.1%
UPS	C	0.1%
MCK	B	0.09%
PNC	B	0.09%
DUK	C	0.09%
PYPL	B	0.09%
COF	B	0.08%
APD	A	0.08%
TGT	F	0.08%
MMM	D	0.08%
EMR	A	0.08%
GD	F	0.08%
WELL	A	0.08%
USB	A	0.08%
SLB	C	0.07%
TFC	A	0.07%
GM	B	0.07%
BDX	F	0.07%
FDX	B	0.07%
NOC	D	0.07%
CVS	D	0.07%
ALL	A	0.06%
KMI	A	0.06%
PSX	C	0.06%
AFL	B	0.06%
JCI	C	0.06%
BK	A	0.06%
SRE	A	0.06%
TRV	B	0.06%
NSC	B	0.06%
COR	B	0.05%
BKR	B	0.05%
F	C	0.05%
PEG	A	0.05%
KMB	D	0.05%
CCI	D	0.05%
VLO	C	0.05%
PCG	A	0.05%
PRU	A	0.05%
KVUE	A	0.05%
NEM	D	0.05%
LHX	C	0.05%
D	C	0.05%
FIS	C	0.05%
MET	A	0.05%
AIG	B	0.05%
O	D	0.05%
AEP	D	0.05%
CMI	A	0.05%
VICI	C	0.04%
ED	D	0.04%
HUM	C	0.04%
RMD	C	0.04%
OXY	D	0.04%
HIG	B	0.04%
WAB	B	0.04%
EXR	D	0.04%
DD	D	0.04%
MTB	A	0.04%
HPQ	B	0.04%
GIS	D	0.04%
GLW	B	0.04%
SYY	B	0.04%
KDP	D	0.04%
GEHC	F	0.04%
STZ	D	0.04%
A	D	0.04%
EXC	C	0.04%
XEL	A	0.04%
KR	B	0.04%
CTVA	C	0.04%
CBRE	B	0.04%
CTSH	B	0.04%
CINF	A	0.03%
AEE	A	0.03%
BIIB	F	0.03%
RF	A	0.03%
PPL	B	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%
VTR	C	0.03%
HAL	C	0.03%
TROW	B	0.03%
KEYS	A	0.03%
DOV	A	0.03%
HPE	B	0.03%
KHC	F	0.03%
STT	A	0.03%
PPG	F	0.03%
GPN	B	0.03%
CAH	B	0.03%
XYL	D	0.03%
RJF	A	0.03%
UAL	A	0.03%
WEC	A	0.03%
EBAY	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%
AVB	B	0.03%
NDSN	B	0.02%
FFIV	B	0.02%
RVTY	F	0.02%
APTV	D	0.02%
EVRG	A	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%
EG	C	0.02%
TXT	D	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%
GPC	D	0.02%
TRMB	B	0.02%
TER	D	0.02%
IEX	B	0.02%
DGX	A	0.02%
J	F	0.02%
KEY	B	0.02%
WRB	A	0.02%
BBY	D	0.02%
HOLX	D	0.02%
TSN	B	0.02%
PFG	D	0.02%
MAA	B	0.02%
BALL	D	0.02%
MKC	D	0.02%
NRG	B	0.02%
INVH	D	0.02%
ESS	B	0.02%
LUV	C	0.02%
CNP	B	0.02%
IP	B	0.02%
LH	C	0.02%
CMS	C	0.02%
ZBRA	B	0.02%
OMC	C	0.02%
CLX	B	0.02%
WDC	D	0.02%
CFG	B	0.02%
FSLR	F	0.02%
FE	C	0.02%
PKG	A	0.02%
NTRS	A	0.02%
LYB	F	0.02%
K	A	0.02%
ES	D	0.02%
WBD	C	0.02%
ZBH	C	0.02%
TDY	B	0.02%
ATO	A	0.02%
WY	D	0.02%
LDOS	C	0.02%
IFF	D	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%
MHK	D	0.01%
HII	D	0.01%
BWA	D	0.01%
IVZ	B	0.01%
MTCH	D	0.01%
HAS	D	0.01%
MOS	F	0.01%
HSIC	B	0.01%
FRT	B	0.01%
CPB	D	0.01%
HRL	D	0.01%
TFX	F	0.01%
SOLV	C	0.01%
GL	B	0.01%
AES	F	0.01%
MKTX	D	0.01%
CRL	C	0.01%
LKQ	D	0.01%
PNW	B	0.01%
CTLT	B	0.01%
FOXA	B	0.01%
IPG	D	0.01%
TAP	C	0.01%
NWSA	B	0.01%
AIZ	A	0.01%
TECH	D	0.01%
BXP	D	0.01%
SJM	D	0.01%
EMN	D	0.01%
UHS	D	0.01%
ALB	C	0.01%
REG	B	0.01%
KMX	B	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%
SWKS	F	0.01%
MRNA	F	0.01%
NWS	B	0.0%

PHDG Underweight 0 Positions Relative to SPYG

	Symbol	Grade	Weight