PHEQ vs. BFOR ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to Barron's 400 (BFOR)

PHEQ

Parametric Hedged Equity ETF

PHEQ Description

The fund seeks to provide capital appreciation by investing its net assets in equity securities of certain U.S. large capitalization companies that are constituents of the Solactive GBS US 500 at the time of purchase.

Grade (RS Rating)

Last Trade

$29.49

Average Daily Volume

19,326

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

BFOR

Barron's 400

BFOR Description

The investment seeks investment results that correspond generally, before fees and expenses, to the performance of the Barron's 400 Index (the "underlying index"). The underlying index is a rules-based index intended to give investors a means of tracking the overall performance of high performing equity securities of U.S. companies. The fund will invest at least 80% of its total assets in the equity securities which comprise the index. The underlying index's stocks are constituents of the MarketGrader U.S. Coverage Universe.

Grade (RS Rating)

Last Trade

$78.80

Average Daily Volume

4,071

Number of Holdings ^*

388

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	BFOR
30 Days	1.99%	9.34%
60 Days	3.02%	10.13%
90 Days	3.86%	11.66%
12 Months	16.61%	38.09%

70 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in BFOR	Overlap
AAPL	C	6.85%	0.24%	0.24%
ADBE	C	0.48%	0.23%	0.23%
AKAM	D	0.16%	0.2%	0.16%
AMZN	C	4.1%	0.26%	0.26%
APO	B	0.3%	0.32%	0.3%
AXP	A	0.57%	0.25%	0.25%
BKNG	A	0.39%	0.28%	0.28%
BLDR	D	0.08%	0.22%	0.08%
BRO	B	0.31%	0.24%	0.24%
CAT	B	0.55%	0.25%	0.25%
COR	B	0.3%	0.23%	0.23%
COST	B	1.07%	0.23%	0.23%
CSL	C	0.18%	0.24%	0.18%
CTAS	B	0.42%	0.24%	0.24%
DOV	A	0.33%	0.24%	0.24%
DRI	B	0.3%	0.24%	0.24%
DVN	F	0.17%	0.23%	0.17%
FANG	D	0.24%	0.24%	0.24%
FCNCA	A	0.13%	0.26%	0.13%
GOOGL	C	2.28%	0.26%	0.26%
HEI	B	0.22%	0.24%	0.22%
HEI	B	0.14%	0.24%	0.14%
HIG	B	0.33%	0.23%	0.23%
HUBB	B	0.13%	0.25%	0.13%
HWM	A	0.36%	0.27%	0.27%
IBKR	A	0.11%	0.31%	0.11%
IBM	C	0.56%	0.22%	0.22%
ISRG	A	0.58%	0.25%	0.25%
JNJ	D	1.04%	0.21%	0.21%
JPM	A	1.73%	0.26%	0.26%
KLAC	D	0.34%	0.2%	0.2%
KMB	D	0.33%	0.21%	0.21%
LII	A	0.25%	0.23%	0.23%
LLY	F	1.39%	0.19%	0.19%
MA	C	1.14%	0.24%	0.24%
META	D	2.66%	0.24%	0.24%
MMM	D	0.44%	0.22%	0.22%
MOH	F	0.14%	0.2%	0.14%
MRO	B	0.24%	0.25%	0.24%
MSFT	F	6.55%	0.23%	0.23%
NFLX	A	0.8%	0.28%	0.28%
NVDA	C	7.12%	0.29%	0.29%
ON	D	0.14%	0.22%	0.14%
ORCL	B	0.73%	0.25%	0.25%
PANW	C	0.3%	0.27%	0.27%
PEP	F	0.72%	0.21%	0.21%
PHM	D	0.3%	0.21%	0.21%
PLTR	B	0.36%	0.37%	0.36%
PYPL	B	0.28%	0.28%	0.28%
QCOM	F	0.33%	0.22%	0.22%
REGN	F	0.21%	0.15%	0.15%
RMD	C	0.24%	0.21%	0.21%
ROST	C	0.32%	0.21%	0.21%
SCCO	F	0.07%	0.23%	0.07%
SSNC	B	0.21%	0.23%	0.21%
SYF	B	0.27%	0.31%	0.27%
TMUS	B	0.51%	0.27%	0.27%
TRGP	B	0.46%	0.29%	0.29%
TW	A	0.11%	0.25%	0.11%
URI	B	0.24%	0.26%	0.24%
V	A	1.28%	0.24%	0.24%
VEEV	C	0.1%	0.24%	0.1%
VRT	B	0.1%	0.32%	0.1%
WDAY	B	0.13%	0.25%	0.13%
WFC	A	0.67%	0.31%	0.31%
WRB	A	0.21%	0.23%	0.21%
WSM	B	0.02%	0.21%	0.02%
XOM	B	1.4%	0.25%	0.25%
ZBH	C	0.14%	0.23%	0.14%
ZM	B	0.18%	0.28%	0.18%

PHEQ Overweight 133 Positions Relative to BFOR

Symbol	Grade	Weight
TSLA	B	1.91%
GOOG	C	1.9%
AVGO	D	1.71%
BRK.A	B	1.42%
UNH	C	1.37%
HD	A	1.15%
PG	A	1.09%
BAC	A	0.98%
WMT	A	0.96%
ABBV	D	0.85%
CVX	A	0.84%
CSCO	B	0.79%
KO	D	0.77%
MRK	F	0.69%
T	A	0.68%
LIN	D	0.67%
CRM	B	0.63%
NOW	A	0.61%
ABT	B	0.6%
TMO	F	0.59%
TXN	C	0.59%
LMT	D	0.58%
DIS	B	0.57%
LOW	D	0.57%
UNP	C	0.52%
AMD	F	0.51%
MDT	D	0.51%
BMY	B	0.48%
KKR	A	0.46%
AMGN	D	0.45%
DE	A	0.44%
WM	A	0.44%
ETR	B	0.4%
TRV	B	0.39%
DAL	C	0.39%
MS	A	0.39%
PRU	A	0.37%
VRTX	F	0.36%
AVB	B	0.35%
SCHW	B	0.35%
PPL	B	0.34%
K	A	0.34%
RSG	A	0.34%
LNT	A	0.33%
YUM	B	0.33%
OTIS	C	0.33%
EQR	B	0.32%
EXR	D	0.32%
BA	F	0.32%
MU	D	0.31%
LH	C	0.31%
CMS	C	0.31%
HBAN	A	0.31%
DTE	C	0.31%
AEE	A	0.3%
UBER	D	0.29%
DOC	D	0.29%
LRCX	F	0.29%
CNP	B	0.28%
AME	A	0.28%
MAA	B	0.27%
CFG	B	0.26%
MRVL	B	0.25%
MELI	D	0.25%
ARES	A	0.25%
GLW	B	0.25%
L	A	0.24%
FE	C	0.24%
NDAQ	A	0.24%
JBHT	C	0.24%
MKL	A	0.23%
NEM	D	0.23%
ULTA	F	0.23%
EXPD	D	0.23%
LNG	B	0.22%
LYB	F	0.22%
ARE	D	0.21%
AMCR	D	0.21%
LULU	C	0.21%
PFG	D	0.2%
MSTR	C	0.2%
ESS	B	0.19%
SPOT	B	0.19%
TTD	B	0.18%
PPG	F	0.18%
WBD	C	0.18%
CPB	D	0.18%
CRWD	B	0.17%
CAG	D	0.17%
IFF	D	0.16%
HAL	C	0.16%
ABNB	C	0.15%
APTV	D	0.14%
NDSN	B	0.14%
DELL	C	0.14%
HUBS	A	0.14%
MGM	D	0.13%
DASH	A	0.13%
DDOG	A	0.13%
ALNY	D	0.13%
SQ	B	0.12%
RBLX	C	0.12%
BAH	F	0.12%
COIN	C	0.12%
STLD	B	0.11%
SUI	D	0.1%
DOX	D	0.09%
TRU	D	0.09%
ZS	C	0.08%
NET	B	0.07%
AGR	B	0.07%
YUMC	C	0.07%
DKNG	B	0.07%
SNOW	C	0.06%
ALGN	D	0.06%
AVTR	F	0.06%
TEAM	A	0.06%
SNAP	C	0.05%
LPLA	A	0.05%
CE	F	0.05%
OWL	A	0.05%
ILMN	D	0.05%
OKTA	C	0.04%
WLK	D	0.04%
BSY	D	0.04%
RPRX	D	0.04%
CPNG	D	0.03%
PINS	D	0.03%
SIRI	C	0.03%
ENPH	F	0.03%
RKT	F	0.03%
WMG	C	0.02%
MRNA	F	0.01%

PHEQ Underweight 319 Positions Relative to BFOR

Symbol	Grade	Weight
APP	B	-0.56%
LEU	C	-0.45%
UAL	A	-0.41%
POWL	C	-0.4%
IESC	B	-0.38%
AGX	B	-0.38%
USLM	A	-0.38%
TPL	A	-0.37%
AXON	A	-0.36%
UPWK	B	-0.34%
PAY	B	-0.34%
STRL	B	-0.33%
RCL	A	-0.32%
AAON	B	-0.32%
PAYO	A	-0.32%
CORT	B	-0.32%
RMBS	C	-0.31%
ALSN	B	-0.31%
RJF	A	-0.31%
IDCC	A	-0.31%
EXPE	B	-0.31%
CCL	B	-0.31%
AIT	A	-0.3%
PCTY	B	-0.3%
PAYC	B	-0.3%
PEGA	A	-0.3%
DOCS	C	-0.3%
SFM	A	-0.3%
TILE	B	-0.3%
AMP	A	-0.29%
FLEX	A	-0.29%
NEWT	B	-0.29%
SUM	B	-0.29%
FIX	A	-0.29%
SNA	A	-0.29%
BKR	B	-0.29%
HLNE	B	-0.29%
MCB	B	-0.29%
SKWD	A	-0.29%
EXEL	B	-0.29%
MLI	C	-0.29%
CEIX	A	-0.29%
UNM	A	-0.29%
EWBC	A	-0.29%
LRN	A	-0.28%
BBW	B	-0.28%
BL	B	-0.28%
QCRH	A	-0.28%
EME	C	-0.28%
WMB	A	-0.28%
TXRH	C	-0.28%
PPC	C	-0.28%
CRS	A	-0.28%
GDDY	A	-0.28%
FTNT	C	-0.28%
TGTX	B	-0.28%
APOG	B	-0.28%
AX	A	-0.28%
MTB	A	-0.28%
CW	B	-0.27%
DAKT	B	-0.27%
IBOC	A	-0.27%
UTI	A	-0.27%
ODFL	B	-0.27%
FAST	B	-0.27%
MTDR	B	-0.27%
PFBC	B	-0.27%
NOG	A	-0.27%
QLYS	C	-0.27%
BY	B	-0.27%
CASH	A	-0.27%
NTRS	A	-0.27%
WT	B	-0.27%
FOUR	B	-0.27%
NRP	B	-0.27%
ERII	D	-0.27%
HCKT	B	-0.27%
USAP	B	-0.27%
CSWI	A	-0.27%
MWA	B	-0.27%
FOX	A	-0.27%
AWI	A	-0.27%
CPAY	A	-0.27%
FITB	A	-0.26%
IBCP	B	-0.26%
WHD	B	-0.26%
BFC	B	-0.26%
WABC	B	-0.26%
MSI	B	-0.26%
FFIV	B	-0.26%
PODD	C	-0.26%
EA	A	-0.26%
ACIW	B	-0.26%
ITT	A	-0.26%
HCI	C	-0.26%
MGY	A	-0.26%
FN	D	-0.26%
CMPO	A	-0.26%
DECK	A	-0.26%
LPX	B	-0.26%
TDY	B	-0.26%
CEG	D	-0.26%
ADSK	A	-0.26%
LOPE	B	-0.26%
OZK	B	-0.26%
CUBI	C	-0.26%
PEBO	A	-0.26%
NRG	B	-0.26%
NIC	B	-0.26%
FTI	A	-0.26%
ATR	B	-0.26%
ACMR	F	-0.26%
OKE	A	-0.26%
ARLP	A	-0.26%
AMAL	B	-0.26%
CVLT	B	-0.26%
FTDR	A	-0.26%
APH	A	-0.26%
PH	A	-0.26%
TRN	C	-0.26%
FULT	A	-0.26%
OII	B	-0.26%
CNO	A	-0.26%
CPRT	A	-0.26%
G	B	-0.26%
CHTR	C	-0.26%
RL	B	-0.26%
MLR	B	-0.26%
ORRF	B	-0.26%
BR	A	-0.25%
DCI	B	-0.25%
SLVM	B	-0.25%
ANF	C	-0.25%
PAYX	C	-0.25%
RBA	A	-0.25%
VIRT	B	-0.25%
REVG	B	-0.25%
ANET	C	-0.25%
CINF	A	-0.25%
WLDN	D	-0.25%
YELP	C	-0.25%
FIZZ	C	-0.25%
PLMR	B	-0.25%
ADP	B	-0.25%
WTS	B	-0.25%
IPAR	B	-0.25%
BELFB	C	-0.25%
SRCE	B	-0.25%
UTHR	C	-0.25%
LAUR	A	-0.25%
MLM	B	-0.25%
IRMD	C	-0.25%
APD	A	-0.25%
FDS	B	-0.25%
FCF	A	-0.25%
INGR	B	-0.25%
MCRI	A	-0.25%
ADMA	B	-0.25%
MBWM	B	-0.25%
DBX	B	-0.25%
SM	B	-0.25%
OSBC	A	-0.25%
EXP	A	-0.25%
AIZ	A	-0.25%
LKFN	B	-0.25%
EOG	A	-0.25%
HES	B	-0.25%
TCMD	A	-0.25%
CBT	C	-0.24%
XPEL	C	-0.24%
CME	A	-0.24%
FBP	B	-0.24%
RGA	A	-0.24%
CTSH	B	-0.24%
EPD	A	-0.24%
CMG	B	-0.24%
ALL	A	-0.24%
FMBH	B	-0.24%
MANH	D	-0.24%
DT	C	-0.24%
TBBK	B	-0.24%
AMPY	C	-0.24%
FSS	B	-0.24%
IT	C	-0.24%
PLAB	C	-0.24%
OSIS	B	-0.24%
HNI	B	-0.24%
MOD	A	-0.24%
MPLX	A	-0.24%
ET	A	-0.24%
HWKN	B	-0.24%
CPRX	C	-0.24%
GGG	B	-0.24%
WWD	B	-0.24%
SIG	B	-0.24%
CQP	B	-0.24%
CASY	A	-0.24%
CF	B	-0.24%
TSCO	D	-0.23%
THC	D	-0.23%
MPC	D	-0.23%
STBA	B	-0.23%
CACI	D	-0.23%
TEX	D	-0.23%
DY	D	-0.23%
CHWY	B	-0.23%
MCO	B	-0.23%
NYT	C	-0.23%
WEC	A	-0.23%
NBIX	C	-0.23%
AFL	B	-0.23%
NTAP	C	-0.23%
OFG	B	-0.23%
BRC	D	-0.23%
OTTR	C	-0.23%
TJX	A	-0.23%
CHDN	B	-0.23%
VRSN	F	-0.23%
PGR	A	-0.23%
TGT	F	-0.23%
NOV	C	-0.23%
LNN	B	-0.23%
TRIN	A	-0.23%
COOP	B	-0.23%
TOL	B	-0.23%
GL	B	-0.23%
JWN	C	-0.23%
THR	B	-0.23%
CHD	B	-0.23%
BMI	B	-0.23%
KNSL	B	-0.23%
SBR	B	-0.23%
SYK	C	-0.23%
CWCO	C	-0.22%
CBOE	B	-0.22%
HESM	B	-0.22%
TPH	D	-0.22%
WES	C	-0.22%
SHOO	D	-0.22%
CNA	B	-0.22%
IMMR	C	-0.22%
UFPT	B	-0.22%
MSA	D	-0.22%
NEU	C	-0.22%
JKHY	D	-0.22%
SO	D	-0.22%
EBAY	D	-0.22%
RNR	C	-0.22%
SPGI	C	-0.22%
SYY	B	-0.22%
BURL	A	-0.22%
NVR	D	-0.22%
KOS	F	-0.22%
FDX	B	-0.22%
AMAT	F	-0.22%
ROL	B	-0.22%
ECL	D	-0.22%
YETI	C	-0.22%
WFRD	D	-0.21%
MBIN	D	-0.21%
SKX	D	-0.21%
ZTS	D	-0.21%
VITL	D	-0.21%
VAL	D	-0.21%
HRB	D	-0.21%
XYL	D	-0.21%
IBP	D	-0.21%
TH	C	-0.21%
APA	D	-0.21%
EGY	D	-0.21%
FC	F	-0.21%
COKE	C	-0.21%
MHO	D	-0.21%
AMPH	D	-0.21%
HOLX	D	-0.21%
DVA	B	-0.21%
MEDP	D	-0.21%
NSSC	D	-0.21%
BMRN	D	-0.21%
VLTO	D	-0.21%
IPG	D	-0.21%
DKS	C	-0.21%
LEN	D	-0.21%
EG	C	-0.21%
HALO	F	-0.2%
HOG	D	-0.2%
IQV	D	-0.2%
FCN	D	-0.2%
CL	D	-0.2%
YOU	D	-0.2%
BOOT	D	-0.2%
GRBK	D	-0.2%
ONTO	D	-0.2%
ACGL	D	-0.2%
FMC	D	-0.2%
DFIN	D	-0.2%
WMS	D	-0.2%
HSY	F	-0.2%
HY	D	-0.2%
PTGX	C	-0.2%
AOS	F	-0.2%
WING	D	-0.19%
COLL	F	-0.19%
DFH	D	-0.19%
FSLR	F	-0.19%
DHI	D	-0.19%
UHS	D	-0.19%
INSW	F	-0.19%
LNW	D	-0.19%
HRMY	D	-0.19%
HRTG	C	-0.18%
SIGA	F	-0.18%
CRUS	D	-0.18%
CROX	D	-0.17%
LNTH	D	-0.17%
BLBD	D	-0.17%
TDW	F	-0.16%
MPWR	F	-0.15%
ASC	F	-0.15%