PHEQ vs. GSUS ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to Goldman Sachs MarketBeta U.S. Equity ETF (GSUS)

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

GSUS

Goldman Sachs MarketBeta U.S. Equity ETF

GSUS Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive GBS United States Large & Mid Cap Index. The fund invests at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index consists of equity securities of large and mid-capitalization equity issuers covering approximately the largest 85% of the free-float market capitalization in the United States.

Grade (RS Rating)

Last Trade

$82.16

Average Daily Volume

123,683

Number of Holdings ^*

449

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	GSUS
30 Days	1.99%	3.38%
60 Days	3.02%	4.89%
90 Days	3.86%	6.69%
12 Months	16.61%	32.27%

177 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in GSUS	Overlap
AAPL	C	6.85%	6.79%	6.79%
ABBV	D	0.85%	0.59%	0.59%
ABNB	C	0.15%	0.11%	0.11%
ABT	B	0.6%	0.41%	0.41%
ADBE	C	0.48%	0.44%	0.44%
AEE	A	0.3%	0.05%	0.05%
AGR	B	0.07%	0.01%	0.01%
AKAM	D	0.16%	0.03%	0.03%
ALGN	D	0.06%	0.03%	0.03%
ALNY	D	0.13%	0.06%	0.06%
AMCR	D	0.21%	0.03%	0.03%
AMD	F	0.51%	0.45%	0.45%
AME	A	0.28%	0.09%	0.09%
AMGN	D	0.45%	0.3%	0.3%
AMZN	C	4.1%	3.85%	3.85%
APO	B	0.3%	0.14%	0.14%
APTV	D	0.14%	0.03%	0.03%
ARE	D	0.21%	0.03%	0.03%
ARES	A	0.25%	0.06%	0.06%
AVB	B	0.35%	0.07%	0.07%
AVGO	D	1.71%	1.52%	1.52%
AVTR	F	0.06%	0.03%	0.03%
AXP	A	0.57%	0.32%	0.32%
BA	F	0.32%	0.17%	0.17%
BAC	A	0.98%	0.63%	0.63%
BKNG	A	0.39%	0.33%	0.33%
BMY	B	0.48%	0.24%	0.24%
BRK.A	B	1.42%	1.24%	1.24%
CAG	D	0.17%	0.03%	0.03%
CAT	B	0.55%	0.37%	0.37%
CE	F	0.05%	0.02%	0.02%
CFG	B	0.26%	0.04%	0.04%
CMS	C	0.31%	0.04%	0.04%
CNP	B	0.28%	0.04%	0.04%
COIN	C	0.12%	0.13%	0.12%
COR	B	0.3%	0.08%	0.08%
COST	B	1.07%	0.83%	0.83%
CPB	D	0.18%	0.02%	0.02%
CPNG	D	0.03%	0.05%	0.03%
CRM	B	0.63%	0.6%	0.6%
CRWD	B	0.17%	0.16%	0.16%
CSCO	B	0.79%	0.46%	0.46%
CTAS	B	0.42%	0.15%	0.15%
CVX	A	0.84%	0.55%	0.55%
DAL	C	0.39%	0.08%	0.08%
DASH	A	0.13%	0.11%	0.11%
DDOG	A	0.13%	0.08%	0.08%
DE	A	0.44%	0.2%	0.2%
DELL	C	0.14%	0.08%	0.08%
DIS	B	0.57%	0.41%	0.41%
DKNG	B	0.07%	0.04%	0.04%
DOC	D	0.29%	0.03%	0.03%
DOV	A	0.33%	0.06%	0.06%
DOX	D	0.09%	0.02%	0.02%
DRI	B	0.3%	0.04%	0.04%
DTE	C	0.31%	0.05%	0.05%
DVN	F	0.17%	0.05%	0.05%
ENPH	F	0.03%	0.02%	0.02%
EQR	B	0.32%	0.05%	0.05%
ESS	B	0.19%	0.04%	0.04%
ETR	B	0.4%	0.06%	0.06%
EXPD	D	0.23%	0.03%	0.03%
EXR	D	0.32%	0.07%	0.07%
FANG	D	0.24%	0.06%	0.06%
FE	C	0.24%	0.05%	0.05%
GLW	B	0.25%	0.07%	0.07%
GOOG	C	1.9%	1.88%	1.88%
GOOGL	C	2.28%	2.09%	2.09%
HAL	C	0.16%	0.06%	0.06%
HBAN	A	0.31%	0.05%	0.05%
HD	A	1.15%	0.81%	0.81%
HIG	B	0.33%	0.07%	0.07%
HUBS	A	0.14%	0.07%	0.07%
HWM	A	0.36%	0.09%	0.09%
IBKR	A	0.11%	0.04%	0.04%
IBM	C	0.56%	0.39%	0.39%
IFF	D	0.16%	0.05%	0.05%
ILMN	D	0.05%	0.04%	0.04%
ISRG	A	0.58%	0.38%	0.38%
JBHT	C	0.24%	0.03%	0.03%
JNJ	D	1.04%	0.74%	0.74%
JPM	A	1.73%	1.38%	1.38%
K	A	0.34%	0.04%	0.04%
KKR	A	0.46%	0.21%	0.21%
KLAC	D	0.34%	0.17%	0.17%
KMB	D	0.33%	0.09%	0.09%
KO	D	0.77%	0.49%	0.49%
L	A	0.24%	0.03%	0.03%
LH	C	0.31%	0.04%	0.04%
LIN	D	0.67%	0.43%	0.43%
LLY	F	1.39%	1.25%	1.25%
LMT	D	0.58%	0.25%	0.25%
LNG	B	0.22%	0.1%	0.1%
LNT	A	0.33%	0.03%	0.03%
LOW	D	0.57%	0.3%	0.3%
LRCX	F	0.29%	0.18%	0.18%
LULU	C	0.21%	0.07%	0.07%
LYB	F	0.22%	0.04%	0.04%
MA	C	1.14%	0.86%	0.86%
MAA	B	0.27%	0.04%	0.04%
MDT	D	0.51%	0.22%	0.22%
MELI	D	0.25%	0.18%	0.18%
META	D	2.66%	2.45%	2.45%
MKL	A	0.23%	0.04%	0.04%
MMM	D	0.44%	0.14%	0.14%
MRK	F	0.69%	0.49%	0.49%
MRNA	F	0.01%	0.02%	0.01%
MRVL	B	0.25%	0.15%	0.15%
MS	A	0.39%	0.33%	0.33%
MSFT	F	6.55%	6.15%	6.15%
MU	D	0.31%	0.22%	0.22%
NDAQ	A	0.24%	0.07%	0.07%
NEM	D	0.23%	0.1%	0.1%
NET	B	0.07%	0.06%	0.06%
NFLX	A	0.8%	0.73%	0.73%
NOW	A	0.61%	0.42%	0.42%
NVDA	C	7.12%	6.96%	6.96%
ON	D	0.14%	0.06%	0.06%
ORCL	B	0.73%	0.61%	0.61%
OTIS	C	0.33%	0.08%	0.08%
PANW	C	0.3%	0.25%	0.25%
PEP	F	0.72%	0.43%	0.43%
PFG	D	0.2%	0.04%	0.04%
PG	A	1.09%	0.81%	0.81%
PHM	D	0.3%	0.05%	0.05%
PINS	D	0.03%	0.04%	0.03%
PLTR	B	0.36%	0.25%	0.25%
PPG	F	0.18%	0.06%	0.06%
PPL	B	0.34%	0.05%	0.05%
PRU	A	0.37%	0.09%	0.09%
PYPL	B	0.28%	0.17%	0.17%
QCOM	F	0.33%	0.37%	0.33%
RBLX	C	0.12%	0.05%	0.05%
REGN	F	0.21%	0.16%	0.16%
RKT	F	0.03%	0.0%	0.0%
RMD	C	0.24%	0.07%	0.07%
ROST	C	0.32%	0.09%	0.09%
RPRX	D	0.04%	0.02%	0.02%
RSG	A	0.34%	0.09%	0.09%
SCCO	F	0.07%	0.02%	0.02%
SCHW	B	0.35%	0.24%	0.24%
SNAP	C	0.05%	0.02%	0.02%
SNOW	C	0.06%	0.08%	0.06%
SPOT	B	0.19%	0.13%	0.13%
SQ	B	0.12%	0.1%	0.1%
SSNC	B	0.21%	0.03%	0.03%
SYF	B	0.27%	0.05%	0.05%
T	A	0.68%	0.33%	0.33%
TEAM	A	0.06%	0.08%	0.06%
TMO	F	0.59%	0.39%	0.39%
TMUS	B	0.51%	0.23%	0.23%
TRU	D	0.09%	0.04%	0.04%
TRV	B	0.39%	0.12%	0.12%
TSLA	B	1.91%	1.93%	1.91%
TTD	B	0.18%	0.11%	0.11%
TXN	C	0.59%	0.37%	0.37%
UBER	D	0.29%	0.28%	0.28%
ULTA	F	0.23%	0.03%	0.03%
UNH	C	1.37%	1.07%	1.07%
UNP	C	0.52%	0.29%	0.29%
URI	B	0.24%	0.11%	0.11%
V	A	1.28%	1.05%	1.05%
VEEV	C	0.1%	0.06%	0.06%
VRT	B	0.1%	0.1%	0.1%
VRTX	F	0.36%	0.23%	0.23%
WBD	C	0.18%	0.04%	0.04%
WDAY	B	0.13%	0.11%	0.11%
WFC	A	0.67%	0.5%	0.5%
WM	A	0.44%	0.18%	0.18%
WMG	C	0.02%	0.01%	0.01%
WMT	A	0.96%	0.76%	0.76%
WRB	A	0.21%	0.04%	0.04%
XOM	B	1.4%	1.06%	1.06%
YUM	B	0.33%	0.07%	0.07%
ZBH	C	0.14%	0.05%	0.05%
ZM	B	0.18%	0.04%	0.04%
ZS	C	0.08%	0.04%	0.04%

PHEQ Overweight 26 Positions Relative to GSUS

Symbol	Grade	Weight
TRGP	B	0.46%
BRO	B	0.31%
LII	A	0.25%
MRO	B	0.24%
HEI	B	0.22%
MSTR	C	0.2%
CSL	C	0.18%
MOH	F	0.14%
NDSN	B	0.14%
HEI	B	0.14%
MGM	D	0.13%
HUBB	B	0.13%
FCNCA	A	0.13%
BAH	F	0.12%
TW	A	0.11%
STLD	B	0.11%
SUI	D	0.1%
BLDR	D	0.08%
YUMC	C	0.07%
LPLA	A	0.05%
OWL	A	0.05%
OKTA	C	0.04%
WLK	D	0.04%
BSY	D	0.04%
SIRI	C	0.03%
WSM	B	0.02%

PHEQ Underweight 272 Positions Relative to GSUS

Symbol	Grade	Weight
ACN	C	-0.45%
MCD	D	-0.42%
PM	B	-0.41%
GE	D	-0.39%
GS	A	-0.37%
VZ	C	-0.36%
INTU	C	-0.35%
CMCSA	B	-0.33%
SPGI	C	-0.32%
NEE	D	-0.32%
RTX	C	-0.32%
HON	B	-0.3%
DHR	F	-0.3%
PGR	A	-0.3%
BLK	C	-0.3%
PFE	D	-0.29%
ETN	A	-0.29%
AMAT	F	-0.28%
BX	A	-0.27%
BSX	B	-0.27%
TJX	A	-0.27%
C	A	-0.26%
COP	C	-0.26%
FI	A	-0.25%
SYK	C	-0.25%
ADP	B	-0.24%
CB	C	-0.23%
MMC	B	-0.22%
SBUX	A	-0.22%
GILD	C	-0.22%
INTC	D	-0.21%
ADI	D	-0.21%
PLD	D	-0.21%
TT	A	-0.19%
GEV	B	-0.19%
AMT	D	-0.19%
MO	A	-0.19%
SO	D	-0.19%
UPS	C	-0.19%
NKE	D	-0.18%
DUK	C	-0.18%
PH	A	-0.18%
CI	F	-0.18%
ICE	C	-0.18%
ANET	C	-0.18%
ELV	F	-0.18%
SNPS	B	-0.17%
CME	A	-0.17%
WELL	A	-0.17%
APH	A	-0.17%
MDLZ	F	-0.17%
EQIX	A	-0.17%
SHW	A	-0.17%
ITW	B	-0.16%
ZTS	D	-0.16%
MCK	B	-0.16%
CMG	B	-0.16%
PNC	B	-0.16%
CDNS	B	-0.16%
MSI	B	-0.16%
CEG	D	-0.15%
EMR	A	-0.15%
MCO	B	-0.15%
AON	A	-0.15%
USB	A	-0.15%
CL	D	-0.15%
EOG	A	-0.15%
CSX	B	-0.14%
TDG	D	-0.14%
COF	B	-0.14%
ORLY	B	-0.14%
CVS	D	-0.14%
WMB	A	-0.14%
NOC	D	-0.14%
APD	A	-0.14%
APP	B	-0.14%
TGT	F	-0.14%
HCA	F	-0.13%
CARR	D	-0.13%
FCX	D	-0.13%
AJG	B	-0.13%
GD	F	-0.13%
BDX	F	-0.13%
OKE	A	-0.13%
ADSK	A	-0.13%
MAR	B	-0.13%
FDX	B	-0.13%
BK	A	-0.12%
ROP	B	-0.12%
NSC	B	-0.12%
SPG	B	-0.12%
SRE	A	-0.12%
HLT	A	-0.12%
DLR	B	-0.12%
SLB	C	-0.12%
GM	B	-0.12%
ECL	D	-0.12%
TFC	A	-0.12%
VST	B	-0.11%
PSA	D	-0.11%
MPC	D	-0.11%
PSX	C	-0.11%
FICO	B	-0.11%
KMI	A	-0.11%
AMP	A	-0.11%
FTNT	C	-0.11%
AFL	B	-0.11%
JCI	C	-0.11%
PCAR	B	-0.11%
PWR	A	-0.1%
CPRT	A	-0.1%
D	C	-0.1%
MET	A	-0.1%
AIG	B	-0.1%
CMI	A	-0.1%
O	D	-0.1%
AEP	D	-0.1%
ALL	A	-0.1%
RCL	A	-0.1%
GWW	B	-0.1%
AZO	C	-0.1%
DFS	B	-0.09%
F	C	-0.09%
BKR	B	-0.09%
PCG	A	-0.09%
PEG	A	-0.09%
CCI	D	-0.09%
PAYX	C	-0.09%
VLO	C	-0.09%
KVUE	A	-0.09%
LHX	C	-0.09%
MSCI	C	-0.09%
FLUT	A	-0.09%
FAST	B	-0.09%
DHI	D	-0.09%
FIS	C	-0.09%
MNST	C	-0.08%
STZ	D	-0.08%
XEL	A	-0.08%
CTSH	B	-0.08%
EXC	C	-0.08%
KR	B	-0.08%
IT	C	-0.08%
LEN	D	-0.08%
EA	A	-0.08%
ODFL	B	-0.08%
HES	B	-0.08%
VRSK	A	-0.08%
CBRE	B	-0.08%
CTVA	C	-0.08%
IR	B	-0.08%
EW	C	-0.08%
EIX	B	-0.07%
VICI	C	-0.07%
ED	D	-0.07%
KDP	D	-0.07%
HUM	C	-0.07%
IRM	D	-0.07%
ACGL	D	-0.07%
IQV	D	-0.07%
IDXX	F	-0.07%
GIS	D	-0.07%
MCHP	D	-0.07%
NUE	C	-0.07%
WAB	B	-0.07%
OXY	D	-0.07%
GEHC	F	-0.07%
MTB	A	-0.07%
MLM	B	-0.07%
A	D	-0.07%
HPQ	B	-0.07%
SYY	B	-0.07%
VMC	B	-0.07%
CHTR	C	-0.07%
MPWR	F	-0.06%
HPE	B	-0.06%
CVNA	B	-0.06%
STT	A	-0.06%
CAH	B	-0.06%
XYL	D	-0.06%
CSGP	D	-0.06%
ANSS	B	-0.06%
GPN	B	-0.06%
DXCM	D	-0.06%
EBAY	D	-0.06%
EFX	F	-0.06%
TSCO	D	-0.06%
RJF	A	-0.06%
DD	D	-0.06%
UAL	A	-0.06%
CNC	D	-0.06%
DOW	F	-0.06%
WEC	A	-0.06%
TTWO	A	-0.06%
FITB	A	-0.06%
WTW	B	-0.06%
GRMN	B	-0.06%
ROK	B	-0.06%
BIIB	F	-0.05%
WY	D	-0.05%
WST	C	-0.05%
EXPE	B	-0.05%
CINF	A	-0.05%
CDW	F	-0.05%
SBAC	D	-0.05%
RF	A	-0.05%
KHC	F	-0.05%
MTD	D	-0.05%
HSY	F	-0.05%
CCL	B	-0.05%
NVR	D	-0.05%
NTAP	C	-0.05%
CPAY	A	-0.05%
VTR	C	-0.05%
TROW	B	-0.05%
ADM	D	-0.05%
FTV	C	-0.05%
BR	A	-0.05%
KEYS	A	-0.05%
AWK	D	-0.05%
CHD	B	-0.05%
TSN	B	-0.04%
KEY	B	-0.04%
DGX	A	-0.04%
LVS	C	-0.04%
HOLX	D	-0.04%
SNA	A	-0.04%
BALL	D	-0.04%
STX	D	-0.04%
MKC	D	-0.04%
OMC	C	-0.04%
LUV	C	-0.04%
INVH	D	-0.04%
ZBRA	B	-0.04%
CTRA	B	-0.04%
LYV	A	-0.04%
IP	B	-0.04%
MDB	C	-0.04%
WAT	B	-0.04%
CLX	B	-0.04%
STE	F	-0.04%
PKG	A	-0.04%
ES	D	-0.04%
LDOS	C	-0.04%
CBOE	B	-0.04%
ATO	A	-0.04%
NTRS	A	-0.04%
WDC	D	-0.04%
ARM	D	-0.03%
SWKS	F	-0.03%
DLTR	F	-0.03%
EL	F	-0.03%
SMCI	F	-0.03%
ROL	B	-0.03%
TXT	D	-0.03%
VRSN	F	-0.03%
DPZ	C	-0.03%
FNF	B	-0.03%
TER	D	-0.03%
GEN	B	-0.03%
BAX	D	-0.03%
MAS	D	-0.03%
GPC	D	-0.03%
DG	F	-0.03%
BBY	D	-0.03%
TRMB	B	-0.03%
HRL	D	-0.02%
FOXA	B	-0.02%
EG	C	-0.02%
GFS	C	-0.01%
FOX	A	-0.01%
LEN	D	-0.0%