PHEQ vs. JVAL ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to JPMorgan U.S. Value Factor ETF (JVAL)

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

JVAL

JPMorgan U.S. Value Factor ETF

JVAL Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Value Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent value factor characteristics.

Grade (RS Rating)

Last Trade

$45.23

Average Daily Volume

59,043

Number of Holdings ^*

362

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	JVAL
30 Days	1.99%	4.55%
60 Days	3.02%	4.91%
90 Days	3.86%	6.18%
12 Months	16.61%	29.11%

66 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in JVAL	Overlap
AAPL	C	6.85%	1.93%	1.93%
AGR	B	0.07%	0.1%	0.07%
AKAM	D	0.16%	0.21%	0.16%
AMCR	D	0.21%	0.22%	0.21%
AMGN	D	0.45%	0.63%	0.45%
APTV	D	0.14%	0.12%	0.12%
AVGO	D	1.71%	1.84%	1.71%
BAC	A	0.98%	0.46%	0.46%
BLDR	D	0.08%	0.25%	0.08%
BMY	B	0.48%	0.51%	0.48%
BSY	D	0.04%	0.11%	0.04%
CAG	D	0.17%	0.2%	0.17%
CAT	B	0.55%	0.85%	0.55%
CE	F	0.05%	0.04%	0.04%
CFG	B	0.26%	0.28%	0.26%
CPB	D	0.18%	0.17%	0.17%
CRM	B	0.63%	1.29%	0.63%
CSCO	B	0.79%	0.76%	0.76%
CVX	A	0.84%	0.76%	0.76%
DAL	C	0.39%	0.28%	0.28%
DELL	C	0.14%	0.37%	0.14%
DOV	A	0.33%	0.29%	0.29%
DOX	D	0.09%	0.22%	0.09%
DRI	B	0.3%	0.22%	0.22%
DVN	F	0.17%	0.13%	0.13%
EQR	B	0.32%	0.04%	0.04%
ETR	B	0.4%	0.34%	0.34%
FANG	D	0.24%	0.06%	0.06%
GLW	B	0.25%	0.34%	0.25%
GOOGL	C	2.28%	2.17%	2.17%
HBAN	A	0.31%	0.3%	0.3%
HD	A	1.15%	0.82%	0.82%
IBM	C	0.56%	0.87%	0.56%
JNJ	D	1.04%	1.24%	1.04%
KLAC	D	0.34%	0.44%	0.34%
LH	C	0.31%	0.16%	0.16%
LRCX	F	0.29%	0.49%	0.29%
LYB	F	0.22%	0.23%	0.22%
MDT	D	0.51%	0.5%	0.5%
META	D	2.66%	2.1%	2.1%
MGM	D	0.13%	0.18%	0.13%
MRK	F	0.69%	0.66%	0.66%
MRO	B	0.24%	0.25%	0.24%
MRVL	B	0.25%	0.49%	0.25%
MSFT	F	6.55%	1.76%	1.76%
MU	D	0.31%	0.42%	0.31%
OKTA	C	0.04%	0.12%	0.04%
ON	D	0.14%	0.28%	0.14%
ORCL	B	0.73%	1.27%	0.73%
PFG	D	0.2%	0.24%	0.2%
PHM	D	0.3%	0.27%	0.27%
PPL	B	0.34%	0.28%	0.28%
PRU	A	0.37%	0.36%	0.36%
QCOM	F	0.33%	0.77%	0.33%
RPRX	D	0.04%	0.12%	0.04%
SIRI	C	0.03%	0.1%	0.03%
SSNC	B	0.21%	0.24%	0.21%
SYF	B	0.27%	0.34%	0.27%
T	A	0.68%	0.68%	0.68%
TXN	C	0.59%	0.8%	0.59%
UNH	C	1.37%	1.78%	1.37%
VRT	B	0.1%	0.48%	0.1%
WDAY	B	0.13%	0.28%	0.13%
WSM	B	0.02%	0.29%	0.02%
ZBH	C	0.14%	0.17%	0.14%
ZM	B	0.18%	0.29%	0.18%

PHEQ Overweight 137 Positions Relative to JVAL

Symbol	Grade	Weight
NVDA	C	7.12%
AMZN	C	4.1%
TSLA	B	1.91%
GOOG	C	1.9%
JPM	A	1.73%
BRK.A	B	1.42%
XOM	B	1.4%
LLY	F	1.39%
V	A	1.28%
MA	C	1.14%
PG	A	1.09%
COST	B	1.07%
WMT	A	0.96%
ABBV	D	0.85%
NFLX	A	0.8%
KO	D	0.77%
PEP	F	0.72%
WFC	A	0.67%
LIN	D	0.67%
NOW	A	0.61%
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%
UNP	C	0.52%
AMD	F	0.51%
TMUS	B	0.51%
ADBE	C	0.48%
TRGP	B	0.46%
KKR	A	0.46%
DE	A	0.44%
WM	A	0.44%
MMM	D	0.44%
CTAS	B	0.42%
TRV	B	0.39%
MS	A	0.39%
BKNG	A	0.39%
PLTR	B	0.36%
VRTX	F	0.36%
HWM	A	0.36%
AVB	B	0.35%
SCHW	B	0.35%
K	A	0.34%
RSG	A	0.34%
LNT	A	0.33%
YUM	B	0.33%
KMB	D	0.33%
OTIS	C	0.33%
HIG	B	0.33%
EXR	D	0.32%
BA	F	0.32%
ROST	C	0.32%
CMS	C	0.31%
BRO	B	0.31%
DTE	C	0.31%
PANW	C	0.3%
AEE	A	0.3%
COR	B	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%
MAA	B	0.27%
MELI	D	0.25%
LII	A	0.25%
ARES	A	0.25%
L	A	0.24%
FE	C	0.24%
NDAQ	A	0.24%
URI	B	0.24%
JBHT	C	0.24%
RMD	C	0.24%
MKL	A	0.23%
NEM	D	0.23%
ULTA	F	0.23%
EXPD	D	0.23%
LNG	B	0.22%
HEI	B	0.22%
WRB	A	0.21%
REGN	F	0.21%
ARE	D	0.21%
LULU	C	0.21%
MSTR	C	0.2%
ESS	B	0.19%
SPOT	B	0.19%
TTD	B	0.18%
PPG	F	0.18%
WBD	C	0.18%
CSL	C	0.18%
CRWD	B	0.17%
IFF	D	0.16%
HAL	C	0.16%
ABNB	C	0.15%
MOH	F	0.14%
NDSN	B	0.14%
HEI	B	0.14%
HUBS	A	0.14%
DASH	A	0.13%
HUBB	B	0.13%
DDOG	A	0.13%
ALNY	D	0.13%
FCNCA	A	0.13%
SQ	B	0.12%
RBLX	C	0.12%
BAH	F	0.12%
COIN	C	0.12%
TW	A	0.11%
STLD	B	0.11%
IBKR	A	0.11%
VEEV	C	0.1%
SUI	D	0.1%
TRU	D	0.09%
ZS	C	0.08%
NET	B	0.07%
SCCO	F	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%
OWL	A	0.05%
ILMN	D	0.05%
WLK	D	0.04%
CPNG	D	0.03%
PINS	D	0.03%
ENPH	F	0.03%
RKT	F	0.03%
WMG	C	0.02%
MRNA	F	0.01%

PHEQ Underweight 296 Positions Relative to JVAL

Symbol	Grade	Weight
APP	B	-1.01%
INTU	C	-0.75%
AMAT	F	-0.67%
C	A	-0.66%
PFE	D	-0.62%
INTC	D	-0.59%
PM	B	-0.55%
ADI	D	-0.54%
MO	A	-0.52%
GILD	C	-0.5%
APH	A	-0.5%
CMCSA	B	-0.48%
CI	F	-0.47%
RTX	C	-0.47%
COF	B	-0.47%
ELV	F	-0.44%
CVS	D	-0.43%
KMI	A	-0.42%
USB	A	-0.42%
GM	B	-0.42%
TFC	A	-0.41%
BK	A	-0.41%
FDX	B	-0.41%
JCI	C	-0.41%
CMI	A	-0.4%
ROP	B	-0.39%
PSX	C	-0.38%
PCAR	B	-0.37%
TWLO	A	-0.37%
AIG	B	-0.36%
MPC	D	-0.36%
GD	F	-0.35%
GDDY	A	-0.33%
DHI	D	-0.33%
SPG	B	-0.33%
F	C	-0.33%
FITB	A	-0.32%
HPE	B	-0.32%
GRMN	B	-0.32%
CTSH	B	-0.32%
HPQ	B	-0.32%
DD	D	-0.31%
SNA	A	-0.31%
LEN	D	-0.31%
KR	B	-0.31%
LHX	C	-0.3%
PKG	A	-0.3%
STT	A	-0.3%
PAYC	B	-0.3%
NUE	C	-0.3%
PNR	A	-0.29%
JEF	A	-0.29%
NTAP	C	-0.29%
VICI	C	-0.29%
ED	D	-0.29%
UAL	A	-0.29%
UNM	A	-0.29%
EBAY	D	-0.29%
MTB	A	-0.28%
MCHP	D	-0.28%
ALSN	B	-0.28%
JBL	B	-0.28%
GEN	B	-0.27%
RF	A	-0.27%
LDOS	C	-0.27%
TGT	F	-0.27%
IP	B	-0.27%
FFIV	B	-0.27%
TOL	B	-0.26%
DGX	A	-0.26%
EPAM	C	-0.26%
TPR	B	-0.26%
GIS	D	-0.26%
RS	B	-0.26%
OC	A	-0.26%
WCC	B	-0.26%
FOXA	B	-0.25%
OMC	C	-0.25%
R	B	-0.25%
PEGA	A	-0.25%
EVRG	A	-0.25%
VTRS	A	-0.25%
CTRA	B	-0.25%
KHC	F	-0.25%
ADM	D	-0.25%
TAP	C	-0.24%
LAD	A	-0.24%
NWSA	B	-0.24%
UTHR	C	-0.24%
DBX	B	-0.24%
DLB	B	-0.24%
VLO	C	-0.24%
SCI	B	-0.24%
BBY	D	-0.23%
PNW	B	-0.23%
SNV	B	-0.23%
OGE	B	-0.23%
ORI	A	-0.23%
KIM	A	-0.23%
CDW	F	-0.23%
SLGN	A	-0.22%
CACI	D	-0.22%
ZI	D	-0.22%
OMF	A	-0.22%
RL	B	-0.22%
WAL	B	-0.22%
CCK	C	-0.22%
OSK	B	-0.22%
DOW	F	-0.22%
OHI	C	-0.22%
CMA	A	-0.22%
SNX	C	-0.22%
KEY	B	-0.22%
UGI	A	-0.21%
CNH	C	-0.21%
MTG	C	-0.21%
GFS	C	-0.21%
CNC	D	-0.21%
OVV	B	-0.21%
DNB	B	-0.21%
BPOP	B	-0.21%
NXST	C	-0.21%
AVT	C	-0.21%
DKS	C	-0.21%
GPK	C	-0.21%
MOS	F	-0.21%
FNB	A	-0.21%
TER	D	-0.21%
EXC	C	-0.21%
FAF	A	-0.2%
VAC	B	-0.2%
THC	D	-0.2%
HIW	D	-0.2%
UHS	D	-0.2%
JHG	A	-0.2%
BERY	B	-0.2%
AN	C	-0.2%
NVR	D	-0.2%
KBR	F	-0.2%
HUM	C	-0.2%
SWKS	F	-0.2%
AGO	B	-0.2%
ALLY	C	-0.2%
BC	C	-0.2%
NFG	A	-0.2%
VZ	C	-0.2%
TNL	A	-0.19%
DOCU	A	-0.19%
GPC	D	-0.19%
ZION	B	-0.19%
ARW	D	-0.19%
THO	B	-0.19%
FHN	A	-0.19%
GPN	B	-0.19%
ANSS	B	-0.19%
WHR	B	-0.19%
SAIC	F	-0.19%
OLED	D	-0.19%
HRB	D	-0.19%
AYI	B	-0.19%
GAP	C	-0.18%
BYD	C	-0.18%
AGCO	D	-0.18%
STWD	C	-0.18%
TXT	D	-0.18%
M	D	-0.18%
HOG	D	-0.18%
PAG	B	-0.18%
CRBG	B	-0.18%
IVZ	B	-0.18%
COLB	A	-0.18%
RHI	B	-0.18%
MTCH	D	-0.18%
MSM	C	-0.18%
EPR	D	-0.18%
MUSA	A	-0.17%
MAN	D	-0.17%
IPG	D	-0.17%
DV	C	-0.17%
ST	F	-0.17%
WBS	A	-0.17%
ACI	C	-0.17%
PTC	A	-0.17%
GNTX	C	-0.17%
PVH	C	-0.16%
DXC	B	-0.16%
KSS	F	-0.16%
CRUS	D	-0.16%
LKQ	D	-0.16%
WU	D	-0.16%
DINO	D	-0.16%
AXS	A	-0.16%
CRI	D	-0.15%
BEN	C	-0.15%
PH	A	-0.15%
CLVT	F	-0.15%
INGR	B	-0.15%
LVS	C	-0.15%
EHC	B	-0.15%
JWN	C	-0.15%
GLOB	B	-0.15%
BWA	D	-0.15%
PB	A	-0.15%
HII	D	-0.15%
POOL	C	-0.14%
WEN	D	-0.14%
G	B	-0.14%
IPGP	D	-0.14%
QRVO	F	-0.14%
PR	B	-0.14%
U	C	-0.14%
CXT	B	-0.14%
BG	F	-0.14%
KRC	C	-0.14%
SJM	D	-0.14%
POST	C	-0.13%
JAZZ	B	-0.13%
REG	B	-0.13%
PSN	D	-0.13%
LEA	D	-0.13%
BAX	D	-0.13%
WH	B	-0.13%
RVTY	F	-0.13%
GLPI	C	-0.13%
ARMK	B	-0.13%
DG	F	-0.13%
OZK	B	-0.13%
GTES	A	-0.13%
PK	B	-0.13%
FIS	C	-0.13%
MDU	D	-0.13%
HST	C	-0.13%
FHB	A	-0.13%
VRSN	F	-0.13%
INFA	D	-0.12%
CUZ	B	-0.12%
TDC	D	-0.12%
PARA	C	-0.12%
ENTG	D	-0.12%
NWL	B	-0.12%
FMC	D	-0.12%
BBWI	D	-0.12%
PATH	C	-0.12%
FBIN	D	-0.12%
LPX	B	-0.12%
SWK	D	-0.12%
WPC	D	-0.12%
SON	D	-0.12%
PNC	B	-0.12%
IAC	D	-0.11%
CROX	D	-0.11%
PRGO	B	-0.11%
CNXC	F	-0.11%
PINC	B	-0.11%
NNN	D	-0.11%
AGNC	D	-0.11%
DDS	B	-0.11%
ADTN	A	-0.11%
D	C	-0.1%
AAP	C	-0.1%
VOYA	B	-0.1%
TSN	B	-0.1%
COLM	B	-0.1%
SPB	C	-0.1%
CWEN	C	-0.1%
LEG	F	-0.1%
HRL	D	-0.1%
CIVI	D	-0.1%
SNDR	B	-0.1%
PPC	C	-0.09%
MPW	F	-0.09%
PII	D	-0.09%
RGA	A	-0.09%
BOKF	B	-0.09%
SEE	C	-0.09%
VFC	C	-0.08%
LNC	B	-0.08%
MTN	C	-0.08%
TFX	F	-0.07%
AMKR	D	-0.07%
HSIC	B	-0.07%
DT	C	-0.06%
BDX	F	-0.06%
CF	B	-0.06%
FTRE	D	-0.06%
SOLV	C	-0.05%
OGN	D	-0.05%
AL	B	-0.05%
NVT	B	-0.04%
UHAL	D	-0.04%
HUN	F	-0.03%
CLF	F	-0.02%
BRX	A	-0.01%
CPRI	F	-0.01%
ALGM	D	-0.0%
LOPE	B	-0.0%