PHEQ vs. CFA ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to Compass EMP US 500 Volatility Weighted Index ETF (CFA)

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

CFA

Compass EMP US 500 Volatility Weighted Index ETF

CFA Description

The investment seeks to provide investment results that match the performance of the CEMP U.S. Large Cap 500 Volatility Weighted Index before fees and expenses. The index is an unmanaged index that was created by the fund's investment advisor and generally consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges. Under normal market conditions, the fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) in securities of U.S. issuers included in the index as of its most recent reconstitution.

Grade (RS Rating)

Last Trade

$90.25

Average Daily Volume

9,545

Number of Holdings ^*

495

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	CFA
30 Days	1.99%	4.63%
60 Days	3.02%	5.67%
90 Days	3.86%	8.16%
12 Months	16.61%	29.52%

159 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in CFA	Overlap
AAPL	C	6.85%	0.2%	0.2%
ABBV	D	0.85%	0.2%	0.2%
ABNB	C	0.15%	0.16%	0.15%
ABT	B	0.6%	0.27%	0.27%
ADBE	C	0.48%	0.11%	0.11%
AEE	A	0.3%	0.26%	0.26%
AKAM	D	0.16%	0.15%	0.15%
ALGN	D	0.06%	0.12%	0.06%
AMD	F	0.51%	0.09%	0.09%
AME	A	0.28%	0.25%	0.25%
AMGN	D	0.45%	0.15%	0.15%
AMZN	C	4.1%	0.2%	0.2%
APO	B	0.3%	0.22%	0.22%
APTV	D	0.14%	0.09%	0.09%
ARES	A	0.25%	0.2%	0.2%
AVGO	D	1.71%	0.1%	0.1%
AVTR	F	0.06%	0.11%	0.06%
AXP	A	0.57%	0.23%	0.23%
BAC	A	0.98%	0.24%	0.24%
BAH	F	0.12%	0.15%	0.12%
BKNG	A	0.39%	0.22%	0.22%
BLDR	D	0.08%	0.1%	0.08%
BRK.A	B	1.42%	0.35%	0.35%
BRO	B	0.31%	0.26%	0.26%
BSY	D	0.04%	0.14%	0.04%
CAG	D	0.17%	0.19%	0.17%
CAT	B	0.55%	0.2%	0.2%
CE	F	0.05%	0.1%	0.05%
CFG	B	0.26%	0.17%	0.17%
CMS	C	0.31%	0.27%	0.27%
CNP	B	0.28%	0.25%	0.25%
COIN	C	0.12%	0.11%	0.11%
COR	B	0.3%	0.28%	0.28%
COST	B	1.07%	0.24%	0.24%
CPB	D	0.18%	0.2%	0.18%
CPNG	D	0.03%	0.14%	0.03%
CRM	B	0.63%	0.17%	0.17%
CRWD	B	0.17%	0.12%	0.12%
CSCO	B	0.79%	0.29%	0.29%
CSL	C	0.18%	0.19%	0.18%
CTAS	B	0.42%	0.26%	0.26%
CVX	A	0.84%	0.27%	0.27%
DAL	C	0.39%	0.22%	0.22%
DDOG	A	0.13%	0.14%	0.13%
DE	A	0.44%	0.21%	0.21%
DELL	C	0.14%	0.09%	0.09%
DIS	B	0.57%	0.22%	0.22%
DOV	A	0.33%	0.25%	0.25%
DRI	B	0.3%	0.23%	0.23%
DTE	C	0.31%	0.24%	0.24%
DVN	F	0.17%	0.17%	0.17%
ENPH	F	0.03%	0.04%	0.03%
ETR	B	0.4%	0.32%	0.32%
EXPD	D	0.23%	0.22%	0.22%
FANG	D	0.24%	0.17%	0.17%
FCNCA	A	0.13%	0.17%	0.13%
FE	C	0.24%	0.27%	0.24%
GLW	B	0.25%	0.19%	0.19%
GOOGL	C	2.28%	0.19%	0.19%
HAL	C	0.16%	0.18%	0.16%
HBAN	A	0.31%	0.21%	0.21%
HD	A	1.15%	0.25%	0.25%
HEI	B	0.14%	0.24%	0.14%
HEI	B	0.22%	0.24%	0.22%
HIG	B	0.33%	0.25%	0.25%
HUBB	B	0.13%	0.18%	0.13%
HWM	A	0.36%	0.16%	0.16%
IBKR	A	0.11%	0.28%	0.11%
IBM	C	0.56%	0.21%	0.21%
ISRG	A	0.58%	0.19%	0.19%
JBHT	C	0.24%	0.18%	0.18%
JNJ	D	1.04%	0.28%	0.28%
JPM	A	1.73%	0.26%	0.26%
KKR	A	0.46%	0.18%	0.18%
KLAC	D	0.34%	0.09%	0.09%
KMB	D	0.33%	0.23%	0.23%
KO	D	0.77%	0.33%	0.33%
L	A	0.24%	0.33%	0.24%
LH	C	0.31%	0.22%	0.22%
LII	A	0.25%	0.18%	0.18%
LIN	D	0.67%	0.3%	0.3%
LLY	F	1.39%	0.12%	0.12%
LMT	D	0.58%	0.3%	0.3%
LNG	B	0.22%	0.3%	0.22%
LNT	A	0.33%	0.27%	0.27%
LOW	D	0.57%	0.22%	0.22%
LPLA	A	0.05%	0.21%	0.05%
LRCX	F	0.29%	0.1%	0.1%
LYB	F	0.22%	0.22%	0.22%
MA	C	1.14%	0.32%	0.32%
MDT	D	0.51%	0.25%	0.25%
META	D	2.66%	0.13%	0.13%
MGM	D	0.13%	0.14%	0.13%
MKL	A	0.23%	0.25%	0.23%
MMM	D	0.44%	0.12%	0.12%
MOH	F	0.14%	0.13%	0.13%
MRK	F	0.69%	0.18%	0.18%
MS	A	0.39%	0.26%	0.26%
MSFT	F	6.55%	0.24%	0.24%
NDAQ	A	0.24%	0.26%	0.24%
NDSN	B	0.14%	0.21%	0.14%
NFLX	A	0.8%	0.19%	0.19%
NOW	A	0.61%	0.15%	0.15%
NVDA	C	7.12%	0.1%	0.1%
ON	D	0.14%	0.08%	0.08%
ORCL	B	0.73%	0.2%	0.2%
OTIS	C	0.33%	0.28%	0.28%
OWL	A	0.05%	0.2%	0.05%
PANW	C	0.3%	0.11%	0.11%
PEP	F	0.72%	0.25%	0.25%
PFG	D	0.2%	0.26%	0.2%
PG	A	1.09%	0.31%	0.31%
PHM	D	0.3%	0.15%	0.15%
PINS	D	0.03%	0.1%	0.03%
PLTR	B	0.36%	0.15%	0.15%
PPG	F	0.18%	0.26%	0.18%
PPL	B	0.34%	0.31%	0.31%
PRU	A	0.37%	0.22%	0.22%
PYPL	B	0.28%	0.16%	0.16%
QCOM	F	0.33%	0.11%	0.11%
REGN	F	0.21%	0.18%	0.18%
RKT	F	0.03%	0.06%	0.03%
RMD	C	0.24%	0.11%	0.11%
ROST	C	0.32%	0.22%	0.22%
RSG	A	0.34%	0.34%	0.34%
SCHW	B	0.35%	0.22%	0.22%
SQ	B	0.12%	0.13%	0.12%
SSNC	B	0.21%	0.25%	0.21%
STLD	B	0.11%	0.2%	0.11%
SYF	B	0.27%	0.2%	0.2%
T	A	0.68%	0.28%	0.28%
TMO	F	0.59%	0.19%	0.19%
TMUS	B	0.51%	0.42%	0.42%
TRGP	B	0.46%	0.32%	0.32%
TRV	B	0.39%	0.25%	0.25%
TSLA	B	1.91%	0.13%	0.13%
TTD	B	0.18%	0.12%	0.12%
TW	A	0.11%	0.24%	0.11%
TXN	C	0.59%	0.17%	0.17%
UBER	D	0.29%	0.12%	0.12%
ULTA	F	0.23%	0.14%	0.14%
UNH	C	1.37%	0.19%	0.19%
UNP	C	0.52%	0.25%	0.25%
URI	B	0.24%	0.14%	0.14%
V	A	1.28%	0.35%	0.35%
VEEV	C	0.1%	0.16%	0.1%
VRT	B	0.1%	0.13%	0.1%
WDAY	B	0.13%	0.14%	0.13%
WFC	A	0.67%	0.24%	0.24%
WLK	D	0.04%	0.15%	0.04%
WM	A	0.44%	0.27%	0.27%
WMG	C	0.02%	0.19%	0.02%
WMT	A	0.96%	0.29%	0.29%
WRB	A	0.21%	0.22%	0.21%
WSM	B	0.02%	0.1%	0.02%
XOM	B	1.4%	0.26%	0.26%
YUM	B	0.33%	0.29%	0.29%
ZBH	C	0.14%	0.24%	0.14%
ZM	B	0.18%	0.17%	0.17%

PHEQ Overweight 44 Positions Relative to CFA

Symbol	Grade	Weight
GOOG	C	1.9%
BMY	B	0.48%
VRTX	F	0.36%
AVB	B	0.35%
K	A	0.34%
EQR	B	0.32%
EXR	D	0.32%
BA	F	0.32%
MU	D	0.31%
DOC	D	0.29%
MAA	B	0.27%
MRVL	B	0.25%
MELI	D	0.25%
MRO	B	0.24%
NEM	D	0.23%
ARE	D	0.21%
AMCR	D	0.21%
LULU	C	0.21%
MSTR	C	0.2%
ESS	B	0.19%
SPOT	B	0.19%
WBD	C	0.18%
IFF	D	0.16%
HUBS	A	0.14%
DASH	A	0.13%
ALNY	D	0.13%
RBLX	C	0.12%
SUI	D	0.1%
DOX	D	0.09%
TRU	D	0.09%
ZS	C	0.08%
NET	B	0.07%
SCCO	F	0.07%
AGR	B	0.07%
YUMC	C	0.07%
DKNG	B	0.07%
SNOW	C	0.06%
TEAM	A	0.06%
SNAP	C	0.05%
ILMN	D	0.05%
OKTA	C	0.04%
RPRX	D	0.04%
SIRI	C	0.03%
MRNA	F	0.01%

PHEQ Underweight 337 Positions Relative to CFA

Symbol	Grade	Weight
KMI	A	-0.37%
ADP	B	-0.35%
ATO	A	-0.35%
FI	A	-0.34%
ITW	B	-0.33%
WMB	A	-0.33%
HON	B	-0.33%
OKE	A	-0.32%
NI	A	-0.32%
AMP	A	-0.32%
CHD	B	-0.32%
PM	B	-0.31%
BK	A	-0.31%
MSI	B	-0.31%
DUK	C	-0.3%
SRE	A	-0.3%
ICE	C	-0.3%
RJF	A	-0.3%
PEG	A	-0.3%
BSX	B	-0.3%
MMC	B	-0.3%
PKG	A	-0.29%
EVRG	A	-0.29%
GD	F	-0.29%
SPGI	C	-0.29%
HOLX	D	-0.29%
BLK	C	-0.29%
HLT	A	-0.29%
EA	A	-0.29%
CL	D	-0.29%
LHX	C	-0.28%
SO	D	-0.28%
CB	C	-0.28%
CSX	B	-0.28%
CME	A	-0.28%
CPRT	A	-0.27%
PAYX	C	-0.27%
MO	A	-0.27%
PCG	A	-0.27%
TJX	A	-0.27%
GGG	B	-0.27%
GWW	B	-0.27%
MAR	B	-0.27%
IEX	B	-0.27%
ORLY	B	-0.26%
ROP	B	-0.26%
RPM	A	-0.26%
RTX	C	-0.26%
MCD	D	-0.26%
MET	A	-0.26%
ED	D	-0.26%
WAB	B	-0.26%
SNA	A	-0.26%
WEC	A	-0.26%
CW	B	-0.26%
LDOS	C	-0.26%
SYK	C	-0.26%
AFG	A	-0.26%
FAST	B	-0.26%
BR	A	-0.26%
FDS	B	-0.25%
APP	B	-0.25%
SCI	B	-0.25%
FOXA	B	-0.25%
AVY	D	-0.25%
CINF	A	-0.25%
VRSN	F	-0.25%
JKHY	D	-0.25%
AJG	B	-0.25%
DGX	A	-0.24%
KDP	D	-0.24%
VRSK	A	-0.24%
CMCSA	B	-0.24%
ALL	A	-0.24%
BDX	F	-0.24%
MCK	B	-0.24%
COP	C	-0.24%
NTRS	A	-0.24%
JEF	A	-0.24%
PTC	A	-0.24%
STZ	D	-0.24%
EIX	B	-0.24%
MDLZ	F	-0.24%
STT	A	-0.24%
GDDY	A	-0.24%
KR	B	-0.24%
GS	A	-0.24%
LYV	A	-0.23%
EMR	A	-0.23%
CBOE	B	-0.23%
CTRA	B	-0.23%
MCO	B	-0.23%
CMI	A	-0.23%
TXRH	C	-0.23%
SHW	A	-0.23%
ECL	D	-0.23%
VZ	C	-0.23%
TT	A	-0.23%
AFL	B	-0.23%
EQH	B	-0.23%
XEL	A	-0.23%
PGR	A	-0.23%
CAH	B	-0.23%
CLX	B	-0.23%
J	F	-0.23%
BKR	B	-0.23%
CTSH	B	-0.23%
AON	A	-0.23%
COF	B	-0.23%
VMC	B	-0.23%
SYY	B	-0.23%
EOG	A	-0.23%
AIG	B	-0.23%
TAP	C	-0.23%
ACM	A	-0.23%
AEP	D	-0.23%
TRMB	B	-0.23%
MORN	B	-0.23%
NOC	D	-0.23%
MNST	C	-0.23%
EMN	D	-0.22%
AXON	A	-0.22%
INCY	C	-0.22%
RNR	C	-0.22%
EXC	C	-0.22%
RGA	A	-0.22%
CI	F	-0.22%
UAL	A	-0.22%
USFD	A	-0.22%
AWK	D	-0.22%
PCAR	B	-0.22%
MTB	A	-0.22%
NWSA	B	-0.22%
OMC	C	-0.22%
TDY	B	-0.22%
MLM	B	-0.22%
TROW	B	-0.22%
ROL	B	-0.22%
AZO	C	-0.22%
FIS	C	-0.22%
GIS	D	-0.21%
D	C	-0.21%
ALLE	D	-0.21%
GILD	C	-0.21%
CPAY	A	-0.21%
IT	C	-0.21%
XYL	D	-0.21%
EWBC	A	-0.21%
GRMN	B	-0.21%
C	A	-0.21%
JCI	C	-0.21%
PFGC	B	-0.21%
LVS	C	-0.21%
FTV	C	-0.21%
PNC	B	-0.21%
FFIV	B	-0.21%
EQT	B	-0.2%
RF	A	-0.2%
STE	F	-0.2%
ACGL	D	-0.2%
FICO	B	-0.2%
APH	A	-0.2%
TYL	B	-0.2%
EME	C	-0.2%
TDG	D	-0.2%
IR	B	-0.2%
FNF	B	-0.2%
TSCO	D	-0.2%
ADSK	A	-0.2%
BX	A	-0.2%
VLTO	D	-0.2%
SJM	D	-0.2%
EBAY	D	-0.2%
KHC	F	-0.2%
PH	A	-0.2%
DOW	F	-0.2%
ITT	A	-0.2%
OXY	D	-0.2%
ACN	C	-0.2%
EG	C	-0.19%
TPL	A	-0.19%
IP	B	-0.19%
GM	B	-0.19%
APD	A	-0.19%
NVR	D	-0.19%
WSO	A	-0.19%
TXT	D	-0.19%
RCL	A	-0.19%
IPG	D	-0.19%
CLH	B	-0.19%
RS	B	-0.19%
FITB	A	-0.19%
CBRE	B	-0.19%
USB	A	-0.19%
HSY	F	-0.19%
ETN	A	-0.19%
DVA	B	-0.18%
UPS	C	-0.18%
CASY	A	-0.18%
PSX	C	-0.18%
DHR	F	-0.18%
OVV	B	-0.18%
SLB	C	-0.18%
OC	A	-0.18%
KVUE	A	-0.18%
CF	B	-0.18%
MKC	D	-0.18%
NSC	B	-0.18%
RYAN	B	-0.18%
INTU	C	-0.18%
H	B	-0.18%
ODFL	B	-0.17%
GE	D	-0.17%
GEN	B	-0.17%
TTEK	F	-0.17%
DD	D	-0.17%
NEE	D	-0.17%
CRBG	B	-0.17%
DOCU	A	-0.17%
ZTS	D	-0.17%
CMG	B	-0.17%
HCA	F	-0.17%
PWR	A	-0.17%
NUE	C	-0.17%
AOS	F	-0.17%
MAS	D	-0.17%
BG	F	-0.17%
PR	B	-0.17%
GPC	D	-0.17%
DPZ	C	-0.17%
ELV	F	-0.17%
GPN	B	-0.17%
PAG	B	-0.17%
IDXX	F	-0.16%
UTHR	C	-0.16%
A	D	-0.16%
MSCI	C	-0.16%
KEY	B	-0.16%
CSGP	D	-0.16%
VLO	C	-0.16%
VST	B	-0.16%
CDNS	B	-0.16%
WAT	B	-0.16%
CARR	D	-0.16%
HII	D	-0.15%
GEV	B	-0.15%
STX	D	-0.15%
CHRW	C	-0.15%
MPC	D	-0.15%
HPE	B	-0.15%
PODD	C	-0.15%
CTVA	C	-0.15%
ZBRA	B	-0.15%
EXPE	B	-0.15%
GEHC	F	-0.15%
TGT	F	-0.15%
UHS	D	-0.15%
HRL	D	-0.15%
JLL	D	-0.15%
FDX	B	-0.15%
MANH	D	-0.15%
POOL	C	-0.15%
ERIE	D	-0.15%
CDW	F	-0.15%
NRG	B	-0.15%
HPQ	B	-0.15%
DT	C	-0.15%
TFX	F	-0.14%
FTNT	C	-0.14%
CNC	D	-0.14%
LEN	D	-0.14%
SNPS	B	-0.14%
FIX	A	-0.14%
RVTY	F	-0.14%
XPO	B	-0.14%
CVS	D	-0.14%
ROK	B	-0.14%
UHAL	D	-0.14%
NTAP	C	-0.14%
KEYS	A	-0.14%
HOOD	B	-0.14%
WST	C	-0.13%
SOLV	C	-0.13%
EFX	F	-0.13%
BURL	A	-0.13%
CHTR	C	-0.13%
ADI	D	-0.13%
FCX	D	-0.13%
THC	D	-0.13%
DECK	A	-0.13%
LUV	C	-0.13%
TOL	B	-0.13%
BIIB	F	-0.13%
JBL	B	-0.13%
DHI	D	-0.12%
NKE	D	-0.12%
IQV	D	-0.12%
BBY	D	-0.12%
CEG	D	-0.12%
BMRN	D	-0.12%
SBUX	A	-0.12%
EPAM	C	-0.12%
ALLY	C	-0.12%
KMX	B	-0.12%
F	C	-0.12%
ANET	C	-0.12%
NBIX	C	-0.12%
COKE	C	-0.12%
WMS	D	-0.11%
FND	C	-0.11%
ADM	D	-0.11%
WING	D	-0.11%
MTD	D	-0.11%
TECH	D	-0.11%
NXPI	D	-0.11%
SWKS	F	-0.1%
DKS	C	-0.1%
AMAT	F	-0.1%
ENTG	D	-0.1%
BLD	D	-0.1%
KNSL	B	-0.1%
INTC	D	-0.1%
EW	C	-0.1%
MCHP	D	-0.1%
AES	F	-0.1%
HUM	C	-0.1%
EL	F	-0.09%
CVNA	B	-0.09%
PSTG	D	-0.09%
DG	F	-0.09%
FSLR	F	-0.08%
TER	D	-0.08%
CHWY	B	-0.08%
DXCM	D	-0.08%
SRPT	D	-0.07%
MPWR	F	-0.06%
SMCI	F	-0.02%