PHEQ vs. FYEE ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to Fidelity Yield Enhanced Equity ETF (FYEE)

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

FYEE

Fidelity Yield Enhanced Equity ETF

FYEE Description

FYEE is actively managed, investing in equities similar to the S&P 500 and Russell 1000. The fund sells call options for income generation, emphasizing current income and potential capital growth.

Grade (RS Rating)

Last Trade

$27.41

Average Daily Volume

2,331

Number of Holdings ^*

153

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	FYEE
30 Days	1.99%	3.53%
60 Days	3.02%	5.30%
90 Days	3.86%	7.07%
12 Months	16.61%

67 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in FYEE	Overlap
AAPL	C	6.85%	7.39%	6.85%
ABBV	D	0.85%	0.93%	0.85%
ABT	B	0.6%	0.64%	0.6%
ADBE	C	0.48%	0.94%	0.48%
AME	A	0.28%	0.09%	0.09%
AMGN	D	0.45%	0.25%	0.25%
AMZN	C	4.1%	3.85%	3.85%
AVGO	D	1.71%	1.66%	1.66%
AXP	A	0.57%	0.44%	0.44%
BAC	A	0.98%	1.19%	0.98%
BMY	B	0.48%	0.75%	0.48%
BRK.A	B	1.42%	2.2%	1.42%
CAT	B	0.55%	0.53%	0.53%
COST	B	1.07%	0.31%	0.31%
CRM	B	0.63%	1.17%	0.63%
CSCO	B	0.79%	0.81%	0.79%
CTAS	B	0.42%	0.66%	0.42%
CVX	A	0.84%	0.02%	0.02%
DASH	A	0.13%	0.11%	0.11%
DIS	B	0.57%	0.72%	0.57%
DVN	F	0.17%	0.53%	0.17%
GOOG	C	1.9%	1.9%	1.9%
GOOGL	C	2.28%	2.05%	2.05%
HD	A	1.15%	1.33%	1.15%
HWM	A	0.36%	0.39%	0.36%
JNJ	D	1.04%	0.73%	0.73%
JPM	A	1.73%	1.95%	1.73%
KLAC	D	0.34%	0.61%	0.34%
LLY	F	1.39%	0.77%	0.77%
LMT	D	0.58%	0.72%	0.58%
LPLA	A	0.05%	0.12%	0.05%
LRCX	F	0.29%	0.24%	0.24%
MA	C	1.14%	1.36%	1.14%
META	D	2.66%	2.9%	2.66%
MGM	D	0.13%	0.24%	0.13%
MMM	D	0.44%	0.19%	0.19%
MRK	F	0.69%	0.96%	0.69%
MSFT	F	6.55%	5.69%	5.69%
MU	D	0.31%	0.5%	0.31%
NFLX	A	0.8%	1.29%	0.8%
NOW	A	0.61%	0.49%	0.49%
NVDA	C	7.12%	7.38%	7.12%
ORCL	B	0.73%	0.04%	0.04%
PEP	F	0.72%	0.19%	0.19%
PG	A	1.09%	0.81%	0.81%
PPG	F	0.18%	0.35%	0.18%
PYPL	B	0.28%	0.72%	0.28%
QCOM	F	0.33%	0.85%	0.33%
RSG	A	0.34%	0.23%	0.23%
SCHW	B	0.35%	0.79%	0.35%
SQ	B	0.12%	0.6%	0.12%
SSNC	B	0.21%	0.19%	0.19%
T	A	0.68%	0.72%	0.68%
TMO	F	0.59%	0.38%	0.38%
TMUS	B	0.51%	0.29%	0.29%
TRV	B	0.39%	0.26%	0.26%
TSLA	B	1.91%	1.28%	1.28%
UBER	D	0.29%	0.23%	0.23%
UNH	C	1.37%	0.59%	0.59%
UNP	C	0.52%	0.75%	0.52%
V	A	1.28%	0.65%	0.65%
VEEV	C	0.1%	0.04%	0.04%
WFC	A	0.67%	0.29%	0.29%
WM	A	0.44%	0.43%	0.43%
WMT	A	0.96%	0.82%	0.82%
XOM	B	1.4%	1.57%	1.4%
ZM	B	0.18%	0.53%	0.18%

PHEQ Overweight 136 Positions Relative to FYEE

Symbol	Grade	Weight
KO	D	0.77%
LIN	D	0.67%
TXN	C	0.59%
ISRG	A	0.58%
LOW	D	0.57%
IBM	C	0.56%
AMD	F	0.51%
MDT	D	0.51%
TRGP	B	0.46%
KKR	A	0.46%
DE	A	0.44%
ETR	B	0.4%
DAL	C	0.39%
MS	A	0.39%
BKNG	A	0.39%
PRU	A	0.37%
PLTR	B	0.36%
VRTX	F	0.36%
AVB	B	0.35%
PPL	B	0.34%
K	A	0.34%
LNT	A	0.33%
DOV	A	0.33%
YUM	B	0.33%
KMB	D	0.33%
OTIS	C	0.33%
HIG	B	0.33%
EQR	B	0.32%
EXR	D	0.32%
BA	F	0.32%
ROST	C	0.32%
LH	C	0.31%
CMS	C	0.31%
BRO	B	0.31%
HBAN	A	0.31%
DTE	C	0.31%
PANW	C	0.3%
DRI	B	0.3%
AEE	A	0.3%
COR	B	0.3%
PHM	D	0.3%
APO	B	0.3%
DOC	D	0.29%
CNP	B	0.28%
SYF	B	0.27%
MAA	B	0.27%
CFG	B	0.26%
MRVL	B	0.25%
MELI	D	0.25%
LII	A	0.25%
ARES	A	0.25%
GLW	B	0.25%
MRO	B	0.24%
L	A	0.24%
FE	C	0.24%
NDAQ	A	0.24%
URI	B	0.24%
JBHT	C	0.24%
RMD	C	0.24%
FANG	D	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%
HEI	B	0.22%
WRB	A	0.21%
REGN	F	0.21%
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%
WBD	C	0.18%
CPB	D	0.18%
CSL	C	0.18%
CRWD	B	0.17%
CAG	D	0.17%
IFF	D	0.16%
AKAM	D	0.16%
HAL	C	0.16%
ABNB	C	0.15%
MOH	F	0.14%
APTV	D	0.14%
NDSN	B	0.14%
HEI	B	0.14%
ZBH	C	0.14%
ON	D	0.14%
DELL	C	0.14%
HUBS	A	0.14%
WDAY	B	0.13%
HUBB	B	0.13%
DDOG	A	0.13%
ALNY	D	0.13%
FCNCA	A	0.13%
RBLX	C	0.12%
BAH	F	0.12%
COIN	C	0.12%
TW	A	0.11%
STLD	B	0.11%
IBKR	A	0.11%
VRT	B	0.1%
SUI	D	0.1%
DOX	D	0.09%
TRU	D	0.09%
BLDR	D	0.08%
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%
ALGN	D	0.06%
AVTR	F	0.06%
TEAM	A	0.06%
SNAP	C	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%
WSM	B	0.02%
WMG	C	0.02%
MRNA	F	0.01%

PHEQ Underweight 86 Positions Relative to FYEE

Symbol	Grade	Weight
PM	B	-0.95%
CMCSA	B	-0.85%
NEE	D	-0.83%
GILD	C	-0.75%
C	A	-0.72%
TJX	A	-0.72%
AMAT	F	-0.68%
PGR	A	-0.68%
TT	A	-0.68%
ECL	D	-0.64%
CI	F	-0.63%
NOC	D	-0.6%
BDX	F	-0.59%
CL	D	-0.55%
SEIC	B	-0.55%
MMC	B	-0.53%
CVNA	B	-0.53%
ZBRA	B	-0.52%
DBX	B	-0.52%
TXT	D	-0.51%
EOG	A	-0.49%
CSX	B	-0.49%
GE	D	-0.48%
CMG	B	-0.48%
IGT	F	-0.46%
EXEL	B	-0.44%
CME	A	-0.44%
SPG	B	-0.44%
MSI	B	-0.43%
PFE	D	-0.42%
GRMN	B	-0.4%
PCAR	B	-0.38%
ALLE	D	-0.38%
ANF	C	-0.36%
NUE	C	-0.36%
TDC	D	-0.35%
ALRM	C	-0.34%
INCY	C	-0.34%
F	C	-0.33%
CAH	B	-0.32%
LDOS	C	-0.31%
SKYW	B	-0.31%
MEDP	D	-0.29%
RTX	C	-0.28%
TROW	B	-0.28%
ADP	B	-0.26%
MSCI	C	-0.26%
SYK	C	-0.24%
CVS	D	-0.23%
SPGI	C	-0.22%
LHX	C	-0.21%
AMT	D	-0.21%
GAP	C	-0.21%
BIIB	F	-0.21%
FTNT	C	-0.2%
TPH	D	-0.19%
PSA	D	-0.18%
BBWI	D	-0.17%
CACI	D	-0.17%
LNW	D	-0.16%
OXY	D	-0.15%
ITW	B	-0.15%
IDXX	F	-0.15%
CLX	B	-0.14%
BK	A	-0.13%
UNM	A	-0.13%
GL	B	-0.13%
GEN	B	-0.13%
AON	A	-0.13%
INTU	C	-0.12%
KR	B	-0.12%
PLTK	B	-0.12%
NSC	B	-0.11%
ED	D	-0.1%
NRG	B	-0.09%
TWLO	A	-0.09%
DOCU	A	-0.09%
LYFT	C	-0.08%
ANET	C	-0.07%
NBIX	C	-0.07%
CINF	A	-0.07%
CRUS	D	-0.07%
QRVO	F	-0.06%
UTHR	C	-0.05%
TNL	A	-0.04%
TOL	B	-0.02%