PHEQ vs. IGM ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to iShares North American Tech ETF (IGM)

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

IGM

iShares North American Tech ETF

IGM Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Sector IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of technology-related companies in the United States and Canada. Components primarily include information technology and technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$100.95

Average Daily Volume

245,941

Number of Holdings ^*

270

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	IGM
30 Days	1.99%	4.30%
60 Days	3.02%	6.84%
90 Days	3.86%	7.57%
12 Months	16.61%	43.23%

43 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in IGM	Overlap
AAPL	C	6.85%	7.98%	6.85%
ADBE	C	0.48%	1.75%	0.48%
AKAM	D	0.16%	0.1%	0.1%
AMD	F	0.51%	1.71%	0.51%
AVGO	D	1.71%	4.19%	1.71%
BSY	D	0.04%	0.06%	0.04%
CRM	B	0.63%	2.47%	0.63%
CRWD	B	0.17%	0.61%	0.17%
CSCO	B	0.79%	1.81%	0.79%
DDOG	A	0.13%	0.31%	0.13%
DELL	C	0.14%	0.3%	0.14%
ENPH	F	0.03%	0.06%	0.03%
GLW	B	0.25%	0.28%	0.25%
GOOG	C	1.9%	3.99%	1.9%
GOOGL	C	2.28%	4.83%	2.28%
HUBS	A	0.14%	0.27%	0.14%
IBM	C	0.56%	1.48%	0.56%
KLAC	D	0.34%	0.65%	0.34%
LRCX	F	0.29%	0.72%	0.29%
META	D	2.66%	8.33%	2.66%
MRVL	B	0.25%	0.6%	0.25%
MSFT	F	6.55%	7.68%	6.55%
MSTR	C	0.2%	0.47%	0.2%
MU	D	0.31%	0.84%	0.31%
NET	B	0.07%	0.21%	0.07%
NFLX	A	0.8%	2.77%	0.8%
NOW	A	0.61%	1.63%	0.61%
NVDA	C	7.12%	9.42%	7.12%
OKTA	C	0.04%	0.09%	0.04%
ON	D	0.14%	0.22%	0.14%
ORCL	B	0.73%	2.3%	0.73%
PANW	C	0.3%	0.98%	0.3%
PINS	D	0.03%	0.13%	0.03%
PLTR	B	0.36%	1.04%	0.36%
QCOM	F	0.33%	1.4%	0.33%
RBLX	C	0.12%	0.21%	0.12%
SNAP	C	0.05%	0.09%	0.05%
SNOW	C	0.06%	0.33%	0.06%
TEAM	A	0.06%	0.3%	0.06%
TXN	C	0.59%	1.44%	0.59%
WDAY	B	0.13%	0.43%	0.13%
ZM	B	0.18%	0.17%	0.17%
ZS	C	0.08%	0.15%	0.08%

PHEQ Overweight 160 Positions Relative to IGM

Symbol	Grade	Weight
AMZN	C	4.1%
TSLA	B	1.91%
JPM	A	1.73%
BRK.A	B	1.42%
XOM	B	1.4%
LLY	F	1.39%
UNH	C	1.37%
V	A	1.28%
HD	A	1.15%
MA	C	1.14%
PG	A	1.09%
COST	B	1.07%
JNJ	D	1.04%
BAC	A	0.98%
WMT	A	0.96%
ABBV	D	0.85%
CVX	A	0.84%
KO	D	0.77%
PEP	F	0.72%
MRK	F	0.69%
T	A	0.68%
WFC	A	0.67%
LIN	D	0.67%
ABT	B	0.6%
TMO	F	0.59%
LMT	D	0.58%
ISRG	A	0.58%
DIS	B	0.57%
LOW	D	0.57%
AXP	A	0.57%
CAT	B	0.55%
UNP	C	0.52%
MDT	D	0.51%
TMUS	B	0.51%
BMY	B	0.48%
TRGP	B	0.46%
KKR	A	0.46%
AMGN	D	0.45%
DE	A	0.44%
WM	A	0.44%
MMM	D	0.44%
CTAS	B	0.42%
ETR	B	0.4%
TRV	B	0.39%
DAL	C	0.39%
MS	A	0.39%
BKNG	A	0.39%
PRU	A	0.37%
VRTX	F	0.36%
HWM	A	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%
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%
DRI	B	0.3%
AEE	A	0.3%
COR	B	0.3%
PHM	D	0.3%
APO	B	0.3%
UBER	D	0.29%
DOC	D	0.29%
CNP	B	0.28%
AME	A	0.28%
PYPL	B	0.28%
SYF	B	0.27%
MAA	B	0.27%
CFG	B	0.26%
MELI	D	0.25%
LII	A	0.25%
ARES	A	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%
SSNC	B	0.21%
REGN	F	0.21%
ARE	D	0.21%
AMCR	D	0.21%
LULU	C	0.21%
PFG	D	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%
CSL	C	0.18%
CAG	D	0.17%
DVN	F	0.17%
IFF	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%
MGM	D	0.13%
DASH	A	0.13%
HUBB	B	0.13%
ALNY	D	0.13%
FCNCA	A	0.13%
SQ	B	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%
VEEV	C	0.1%
SUI	D	0.1%
DOX	D	0.09%
TRU	D	0.09%
BLDR	D	0.08%
SCCO	F	0.07%
AGR	B	0.07%
YUMC	C	0.07%
DKNG	B	0.07%
ALGN	D	0.06%
AVTR	F	0.06%
LPLA	A	0.05%
CE	F	0.05%
OWL	A	0.05%
ILMN	D	0.05%
WLK	D	0.04%
RPRX	D	0.04%
CPNG	D	0.03%
SIRI	C	0.03%
RKT	F	0.03%
WSM	B	0.02%
WMG	C	0.02%
MRNA	F	0.01%

PHEQ Underweight 227 Positions Relative to IGM

Symbol	Grade	Weight
ACN	C	-1.74%
INTU	C	-1.51%
AMAT	F	-1.1%
INTC	D	-0.81%
ADI	D	-0.8%
ANET	C	-0.75%
APH	A	-0.67%
MSI	B	-0.64%
SNPS	B	-0.63%
CDNS	B	-0.62%
ADSK	A	-0.51%
APP	B	-0.49%
FTNT	C	-0.47%
ROP	B	-0.46%
NXPI	D	-0.43%
FICO	B	-0.43%
TEL	B	-0.35%
IT	C	-0.32%
CTSH	B	-0.3%
EA	A	-0.3%
HPQ	B	-0.28%
MCHP	D	-0.26%
TTWO	A	-0.23%
ANSS	B	-0.23%
MPWR	F	-0.22%
HPE	B	-0.21%
TYL	B	-0.2%
GDDY	A	-0.2%
KEYS	A	-0.2%
CDW	F	-0.19%
NTAP	C	-0.19%
PTC	A	-0.18%
TDY	B	-0.17%
ZBRA	B	-0.16%
STX	D	-0.16%
FSLR	F	-0.16%
WDC	D	-0.16%
MDB	C	-0.16%
TRMB	B	-0.14%
GEN	B	-0.13%
DOCU	A	-0.13%
MANH	D	-0.13%
TER	D	-0.13%
NTNX	A	-0.13%
ENTG	D	-0.12%
PSTG	D	-0.12%
VRSN	F	-0.12%
TWLO	A	-0.12%
DT	C	-0.12%
GWRE	A	-0.12%
EPAM	C	-0.11%
FFIV	B	-0.11%
JBL	B	-0.11%
COHR	B	-0.11%
SWKS	F	-0.1%
JNPR	F	-0.09%
CIEN	B	-0.08%
IOT	A	-0.08%
BILL	A	-0.07%
FN	D	-0.07%
SNX	C	-0.07%
SMCI	F	-0.07%
MKSI	C	-0.06%
MTSI	B	-0.06%
ESTC	C	-0.06%
OLED	D	-0.06%
PCOR	B	-0.06%
CVLT	B	-0.06%
S	B	-0.06%
SMAR	A	-0.06%
ONTO	D	-0.06%
MTCH	D	-0.06%
VRNS	D	-0.05%
VNT	B	-0.05%
QTWO	A	-0.05%
LFUS	F	-0.05%
ARW	D	-0.05%
NOVT	D	-0.05%
ALTR	B	-0.05%
MARA	C	-0.05%
QRVO	F	-0.05%
BMI	B	-0.05%
DBX	B	-0.05%
KD	B	-0.05%
AZPN	A	-0.05%
SPSC	C	-0.05%
CFLT	B	-0.05%
LSCC	D	-0.05%
CGNX	C	-0.05%
GTLB	B	-0.05%
IDCC	A	-0.04%
AVT	C	-0.04%
WK	B	-0.04%
CWAN	B	-0.04%
CCCS	B	-0.04%
BOX	B	-0.04%
TENB	C	-0.04%
AUR	C	-0.04%
BDC	B	-0.04%
U	C	-0.04%
HCP	B	-0.04%
ITRI	B	-0.04%
APPF	B	-0.04%
IONQ	B	-0.04%
CRUS	D	-0.04%
QLYS	C	-0.04%
PATH	C	-0.04%
LITE	B	-0.04%
RMBS	C	-0.04%
CRDO	B	-0.04%
ACIW	B	-0.04%
SLAB	D	-0.03%
BLKB	B	-0.03%
SMTC	B	-0.03%
IAC	D	-0.03%
RIOT	C	-0.03%
POWI	D	-0.03%
CLSK	C	-0.03%
SITM	B	-0.03%
ZETA	D	-0.03%
NCNO	B	-0.03%
PEGA	A	-0.03%
DXC	B	-0.03%
ASGN	F	-0.03%
PI	D	-0.03%
AEIS	B	-0.03%
SANM	B	-0.03%
PLXS	B	-0.03%
NSIT	F	-0.03%
DLB	B	-0.03%
VYX	B	-0.02%
IPGP	D	-0.02%
BRZE	C	-0.02%
EXTR	B	-0.02%
PLUS	F	-0.02%
VIAV	B	-0.02%
AMBA	B	-0.02%
YOU	D	-0.02%
DOCN	D	-0.02%
ALKT	B	-0.02%
TTMI	B	-0.02%
ACLS	F	-0.02%
VERX	B	-0.02%
OSIS	B	-0.02%
ZD	C	-0.02%
YELP	C	-0.02%
DIOD	D	-0.02%
KLIC	B	-0.02%
RPD	C	-0.02%
AGYS	A	-0.02%
CXT	B	-0.02%
DV	C	-0.02%
MIR	A	-0.02%
INTA	A	-0.02%
TDC	D	-0.02%
FIVN	C	-0.02%
AMKR	D	-0.02%
AI	B	-0.02%
FRSH	C	-0.02%
ZI	D	-0.02%
FORM	D	-0.02%
ALGM	D	-0.02%
PRGS	A	-0.02%
SYNA	C	-0.02%
ALRM	C	-0.02%
RNG	B	-0.02%
BL	B	-0.02%
CARG	C	-0.02%
SWI	B	-0.01%
ZIP	F	-0.01%
NTGR	B	-0.01%
NABL	F	-0.01%
SSTK	F	-0.01%
BMBL	C	-0.01%
FSLY	D	-0.01%
CNXN	C	-0.01%
GDYN	B	-0.01%
WOLF	F	-0.01%
COMM	D	-0.01%
CXM	C	-0.01%
PDFS	C	-0.01%
AAOI	B	-0.01%
XRX	F	-0.01%
JAMF	F	-0.01%
PRO	C	-0.01%
ICHR	C	-0.01%
MXL	C	-0.01%
DGII	B	-0.01%
ASAN	C	-0.01%
COHU	C	-0.01%
ATEN	B	-0.01%
ADEA	D	-0.01%
NSSC	D	-0.01%
MTTR	B	-0.01%
ZUO	B	-0.01%
HLIT	D	-0.01%
INFN	C	-0.01%
SPT	C	-0.01%
VRNT	C	-0.01%
AVPT	A	-0.01%
APPN	B	-0.01%
VECO	F	-0.01%
PLAB	C	-0.01%
DBD	C	-0.01%
TRIP	F	-0.01%
UCTT	D	-0.01%
NTCT	C	-0.01%
KN	B	-0.01%
CTS	C	-0.01%
BHE	B	-0.01%
ROG	D	-0.01%
CALX	D	-0.01%
VSH	D	-0.01%
PD	C	-0.01%
ENV	B	-0.01%
RAMP	C	-0.01%
AVNW	F	-0.0%
CRSR	C	-0.0%
CLFD	D	-0.0%
RBBN	C	-0.0%
SEMR	B	-0.0%
PLTK	B	-0.0%
ADTN	A	-0.0%
VSAT	F	-0.0%
MLNK	B	-0.0%
SEDG	F	-0.0%
ETWO	F	-0.0%

IGM: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Communication Equipment Semiconductor Equipment & Materials Information Technology Services Internet Content & Information Electronic Components Scientific & Technical Instruments Data Storage Contract Manufacturers Telecom Services Computer Hardware Computer Systems Business Services Capital Markets Consumer Electronics Diversified Industrials Electronic Gaming & Multimedia Electronic Gaming & Multimedia