PHEQ vs. LGH ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to HCM Defender 500 Index ETF (LGH)

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

$29.43

Average Daily Volume

19,384

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

LGH

HCM Defender 500 Index ETF

LGH Description

The investment seeks to provide investment results that correspond, before fees and expenses, generally to the performance of the HCM Defender 500 Index (the HCM 500 index). The fund seeks to achieve its investment objective by investing at least 80% of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the HCM 500 index. The HCM 500 index seeks to outperform the Solactive US Large Cap Index using a proprietary methodology.

Grade (RS Rating)

Last Trade

$53.05

Average Daily Volume

22,066

Number of Holdings ^*

452

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	LGH
30 Days	1.55%	2.26%
60 Days	2.60%	5.85%
90 Days	3.63%	7.34%
12 Months	16.36%	36.69%

166 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in LGH	Overlap
AAPL	C	6.85%	6.46%	6.46%
ABBV	F	0.85%	0.44%	0.44%
ABNB	C	0.15%	0.08%	0.08%
ABT	B	0.6%	0.29%	0.29%
ADBE	C	0.48%	0.33%	0.33%
AEE	A	0.3%	0.03%	0.03%
AKAM	D	0.16%	0.02%	0.02%
ALGN	D	0.06%	0.02%	0.02%
ALNY	D	0.13%	0.05%	0.05%
AMD	F	0.51%	0.33%	0.33%
AME	A	0.28%	0.06%	0.06%
AMGN	F	0.45%	0.23%	0.23%
AMZN	C	4.1%	3.73%	3.73%
APO	B	0.3%	0.09%	0.09%
ARE	F	0.21%	0.02%	0.02%
ARES	A	0.25%	0.03%	0.03%
AVB	B	0.35%	0.05%	0.05%
AVGO	D	1.71%	1.43%	1.43%
AVTR	F	0.06%	0.02%	0.02%
AXP	A	0.57%	0.23%	0.23%
BA	F	0.32%	0.11%	0.11%
BAC	A	0.98%	0.46%	0.46%
BAH	F	0.12%	0.03%	0.03%
BKNG	A	0.39%	0.24%	0.24%
BMY	B	0.48%	0.18%	0.18%
BRK.A	B	1.42%	1.15%	1.15%
BRO	B	0.31%	0.03%	0.03%
CAG	F	0.17%	0.02%	0.02%
CAT	B	0.55%	0.27%	0.27%
CFG	B	0.26%	0.03%	0.03%
CMS	C	0.31%	0.03%	0.03%
CNP	A	0.28%	0.02%	0.02%
COIN	C	0.12%	0.09%	0.09%
COR	B	0.3%	0.06%	0.06%
COST	A	1.07%	0.59%	0.59%
CRM	B	0.63%	0.44%	0.44%
CRWD	B	0.17%	0.11%	0.11%
CSCO	B	0.79%	0.34%	0.34%
CSL	C	0.18%	0.04%	0.04%
CTAS	B	0.42%	0.1%	0.1%
CVX	A	0.84%	0.38%	0.38%
DAL	B	0.39%	0.05%	0.05%
DASH	B	0.13%	0.07%	0.07%
DDOG	A	0.13%	0.05%	0.05%
DE	B	0.44%	0.14%	0.14%
DELL	B	0.14%	0.05%	0.05%
DIS	B	0.57%	0.25%	0.25%
DOV	A	0.33%	0.04%	0.04%
DRI	B	0.3%	0.03%	0.03%
DTE	C	0.31%	0.03%	0.03%
DVN	F	0.17%	0.03%	0.03%
EQR	C	0.32%	0.04%	0.04%
ESS	B	0.19%	0.03%	0.03%
ETR	B	0.4%	0.04%	0.04%
EXPD	C	0.23%	0.02%	0.02%
EXR	C	0.32%	0.05%	0.05%
FANG	C	0.24%	0.04%	0.04%
FE	C	0.24%	0.03%	0.03%
GLW	B	0.25%	0.05%	0.05%
GOOG	C	1.9%	1.72%	1.72%
GOOGL	C	2.28%	1.98%	1.98%
HAL	C	0.16%	0.04%	0.04%
HBAN	A	0.31%	0.04%	0.04%
HD	B	1.15%	0.58%	0.58%
HIG	B	0.33%	0.05%	0.05%
HUBB	B	0.13%	0.03%	0.03%
HUBS	A	0.14%	0.04%	0.04%
HWM	A	0.36%	0.06%	0.06%
IBM	C	0.56%	0.27%	0.27%
IFF	D	0.16%	0.03%	0.03%
ILMN	C	0.05%	0.04%	0.04%
ISRG	A	0.58%	0.27%	0.27%
JBHT	C	0.24%	0.02%	0.02%
JNJ	C	1.04%	0.62%	0.62%
JPM	A	1.73%	1.28%	1.28%
K	A	0.34%	0.03%	0.03%
KKR	A	0.46%	0.13%	0.13%
KLAC	F	0.34%	0.12%	0.12%
KMB	C	0.33%	0.06%	0.06%
KO	D	0.77%	0.35%	0.35%
LH	B	0.31%	0.03%	0.03%
LIN	C	0.67%	0.31%	0.31%
LLY	F	1.39%	1.29%	1.29%
LMT	D	0.58%	0.2%	0.2%
LNG	A	0.22%	0.07%	0.07%
LNT	A	0.33%	0.03%	0.03%
LOW	C	0.57%	0.22%	0.22%
LPLA	A	0.05%	0.03%	0.03%
LRCX	F	0.29%	0.13%	0.13%
LYB	F	0.22%	0.03%	0.03%
MA	B	1.14%	0.74%	0.74%
MAA	B	0.27%	0.03%	0.03%
MDT	D	0.51%	0.17%	0.17%
META	D	2.66%	2.45%	2.45%
MKL	A	0.23%	0.03%	0.03%
MMM	D	0.44%	0.1%	0.1%
MOH	F	0.14%	0.02%	0.02%
MRK	D	0.69%	0.36%	0.36%
MRNA	F	0.01%	0.02%	0.01%
MRO	B	0.24%	0.02%	0.02%
MRVL	B	0.25%	0.11%	0.11%
MS	A	0.39%	0.24%	0.24%
MSFT	D	6.55%	6.13%	6.13%
MU	D	0.31%	0.15%	0.15%
NDAQ	A	0.24%	0.04%	0.04%
NEM	D	0.23%	0.05%	0.05%
NET	B	0.07%	0.04%	0.04%
NFLX	A	0.8%	0.48%	0.48%
NOW	A	0.61%	0.29%	0.29%
NVDA	B	7.12%	7.02%	7.02%
ON	D	0.14%	0.04%	0.04%
ORCL	A	0.73%	0.41%	0.41%
OTIS	C	0.33%	0.06%	0.06%
PANW	B	0.3%	0.16%	0.16%
PEP	F	0.72%	0.32%	0.32%
PFG	D	0.2%	0.03%	0.03%
PG	C	1.09%	0.57%	0.57%
PHM	D	0.3%	0.04%	0.04%
PINS	F	0.03%	0.03%	0.03%
PLTR	B	0.36%	0.15%	0.15%
PPG	F	0.18%	0.04%	0.04%
PPL	A	0.34%	0.04%	0.04%
PRU	A	0.37%	0.07%	0.07%
PYPL	B	0.28%	0.13%	0.13%
QCOM	F	0.33%	0.25%	0.25%
RBLX	C	0.12%	0.03%	0.03%
REGN	F	0.21%	0.12%	0.12%
RMD	C	0.24%	0.05%	0.05%
ROST	D	0.32%	0.06%	0.06%
RSG	A	0.34%	0.06%	0.06%
SCHW	B	0.35%	0.15%	0.15%
SNOW	B	0.06%	0.05%	0.05%
SQ	A	0.12%	0.07%	0.07%
SSNC	B	0.21%	0.02%	0.02%
STLD	B	0.11%	0.03%	0.03%
SUI	C	0.1%	0.02%	0.02%
SYF	B	0.27%	0.03%	0.03%
T	A	0.68%	0.23%	0.23%
TEAM	A	0.06%	0.06%	0.06%
TMO	F	0.59%	0.3%	0.3%
TMUS	B	0.51%	0.17%	0.17%
TRGP	A	0.46%	0.06%	0.06%
TRU	D	0.09%	0.03%	0.03%
TRV	B	0.39%	0.08%	0.08%
TSLA	B	1.91%	1.7%	1.7%
TTD	B	0.18%	0.1%	0.1%
TXN	C	0.59%	0.27%	0.27%
UBER	F	0.29%	0.19%	0.19%
ULTA	F	0.23%	0.03%	0.03%
UNH	B	1.37%	1.04%	1.04%
UNP	C	0.52%	0.2%	0.2%
URI	C	0.24%	0.08%	0.08%
V	A	1.28%	0.93%	0.93%
VEEV	C	0.1%	0.06%	0.06%
VRT	B	0.1%	0.08%	0.08%
VRTX	D	0.36%	0.18%	0.18%
WBD	B	0.18%	0.03%	0.03%
WDAY	B	0.13%	0.07%	0.07%
WFC	A	0.67%	0.37%	0.37%
WM	B	0.44%	0.13%	0.13%
WMT	A	0.96%	0.5%	0.5%
WRB	A	0.21%	0.03%	0.03%
XOM	B	1.4%	0.99%	0.99%
YUM	D	0.33%	0.05%	0.05%
ZBH	C	0.14%	0.03%	0.03%
ZM	C	0.18%	0.03%	0.03%

PHEQ Overweight 37 Positions Relative to LGH

Symbol	Grade	Weight
DOC	C	0.29%
MELI	C	0.25%
LII	A	0.25%
L	A	0.24%
HEI	A	0.22%
AMCR	C	0.21%
LULU	C	0.21%
MSTR	B	0.2%
SPOT	B	0.19%
CPB	D	0.18%
APTV	F	0.14%
NDSN	B	0.14%
HEI	A	0.14%
MGM	D	0.13%
FCNCA	A	0.13%
TW	A	0.11%
IBKR	A	0.11%
DOX	D	0.09%
BLDR	D	0.08%
ZS	B	0.08%
SCCO	F	0.07%
AGR	A	0.07%
YUMC	C	0.07%
DKNG	B	0.07%
SNAP	D	0.05%
CE	F	0.05%
OWL	A	0.05%
OKTA	C	0.04%
WLK	D	0.04%
BSY	F	0.04%
RPRX	D	0.04%
CPNG	D	0.03%
SIRI	C	0.03%
ENPH	F	0.03%
RKT	F	0.03%
WSM	C	0.02%
WMG	D	0.02%

PHEQ Underweight 286 Positions Relative to LGH

Symbol	Grade	Weight
SPXL	B	-18.6%
ACN	B	-0.34%
MCD	D	-0.31%
GS	A	-0.28%
PM	B	-0.28%
GE	D	-0.27%
INTU	B	-0.26%
CMCSA	B	-0.26%
RTX	D	-0.25%
VZ	C	-0.24%
DHR	F	-0.23%
HON	C	-0.22%
SPGI	C	-0.22%
NEE	C	-0.22%
PFE	F	-0.22%
AMAT	F	-0.21%
PGR	A	-0.21%
ETN	A	-0.2%
COP	C	-0.19%
TJX	A	-0.19%
ADP	A	-0.18%
SYK	B	-0.18%
BX	A	-0.18%
BSX	A	-0.18%
FI	A	-0.18%
C	A	-0.18%
GILD	C	-0.17%
SBUX	A	-0.16%
CB	C	-0.16%
MMC	B	-0.15%
PLD	F	-0.15%
ADI	D	-0.15%
ELV	F	-0.14%
UPS	C	-0.14%
MO	A	-0.14%
INTC	C	-0.14%
CI	D	-0.14%
TT	A	-0.13%
MDLZ	F	-0.13%
ANET	C	-0.13%
AMT	C	-0.13%
SO	C	-0.13%
NKE	F	-0.13%
APH	A	-0.12%
GEV	B	-0.12%
ICE	C	-0.12%
MCK	A	-0.12%
GM	C	-0.12%
PNC	B	-0.12%
DUK	C	-0.12%
SHW	B	-0.12%
PH	A	-0.12%
HCA	F	-0.11%
CME	B	-0.11%
CDNS	B	-0.11%
CL	D	-0.11%
SNPS	B	-0.11%
NOC	D	-0.11%
MSI	B	-0.11%
EQIX	A	-0.11%
ITW	B	-0.11%
ZTS	D	-0.11%
CMG	B	-0.1%
GD	D	-0.1%
CSX	C	-0.1%
WELL	A	-0.1%
COF	C	-0.1%
MAR	A	-0.1%
TGT	F	-0.1%
WMB	A	-0.1%
CVS	D	-0.1%
BDX	F	-0.1%
EMR	B	-0.1%
ORLY	B	-0.1%
AON	A	-0.1%
CEG	C	-0.1%
MCO	B	-0.1%
USB	A	-0.1%
EOG	A	-0.1%
SPG	A	-0.09%
HLT	A	-0.09%
SLB	C	-0.09%
ECL	D	-0.09%
APD	A	-0.09%
TFC	A	-0.09%
FDX	B	-0.09%
MPC	D	-0.09%
FCX	F	-0.09%
AJG	A	-0.09%
ADSK	A	-0.09%
CARR	C	-0.09%
OKE	A	-0.09%
FTNT	C	-0.09%
MET	A	-0.08%
DLR	B	-0.08%
PSX	C	-0.08%
AMP	A	-0.08%
ROP	B	-0.08%
KMI	A	-0.08%
TDG	D	-0.08%
JCI	B	-0.08%
SRE	A	-0.08%
PCAR	B	-0.08%
BK	A	-0.08%
AFL	B	-0.08%
NSC	B	-0.08%
CPRT	B	-0.07%
AEP	C	-0.07%
KR	B	-0.07%
FAST	B	-0.07%
CMI	A	-0.07%
RCL	A	-0.07%
LHX	C	-0.07%
VLO	C	-0.07%
PCG	A	-0.07%
FICO	B	-0.07%
FIS	C	-0.07%
D	C	-0.07%
AZO	C	-0.07%
ALL	A	-0.07%
DHI	F	-0.07%
AIG	B	-0.07%
PSA	C	-0.07%
NUE	C	-0.06%
XEL	A	-0.06%
SYY	D	-0.06%
VMC	B	-0.06%
LEN	D	-0.06%
EW	C	-0.06%
VRSK	A	-0.06%
PEG	A	-0.06%
DFS	B	-0.06%
EA	A	-0.06%
CCI	C	-0.06%
KVUE	A	-0.06%
CTSH	B	-0.06%
A	D	-0.06%
GWW	B	-0.06%
BKR	A	-0.06%
ODFL	C	-0.06%
PAYX	B	-0.06%
F	C	-0.06%
CBRE	B	-0.06%
CTVA	C	-0.06%
MSCI	C	-0.06%
PWR	A	-0.06%
CNC	D	-0.05%
TPL	A	-0.05%
VICI	C	-0.05%
OXY	D	-0.05%
HPQ	B	-0.05%
IDXX	F	-0.05%
WAB	B	-0.05%
ACGL	C	-0.05%
MCHP	F	-0.05%
DD	C	-0.05%
HUM	C	-0.05%
MTB	A	-0.05%
GRMN	B	-0.05%
EFX	F	-0.05%
CHTR	C	-0.05%
FITB	B	-0.05%
IR	B	-0.05%
IQV	F	-0.05%
EXC	C	-0.05%
IT	C	-0.05%
GIS	D	-0.05%
MLM	C	-0.05%
O	C	-0.05%
STZ	D	-0.05%
HES	B	-0.05%
AXON	A	-0.05%
BR	A	-0.04%
WY	F	-0.04%
TROW	B	-0.04%
BIIB	F	-0.04%
RF	A	-0.04%
AWK	C	-0.04%
KEYS	A	-0.04%
MTD	F	-0.04%
CDW	F	-0.04%
HPE	B	-0.04%
DXCM	C	-0.04%
TSCO	D	-0.04%
HSY	F	-0.04%
ADM	D	-0.04%
STT	B	-0.04%
FTV	C	-0.04%
LDOS	C	-0.04%
CSGP	D	-0.04%
IRM	C	-0.04%
CAH	B	-0.04%
ANSS	B	-0.04%
MPWR	F	-0.04%
TTWO	A	-0.04%
WEC	A	-0.04%
VTR	B	-0.04%
MNST	C	-0.04%
GEHC	D	-0.04%
EBAY	D	-0.04%
XYL	D	-0.04%
DOW	F	-0.04%
GDDY	A	-0.04%
WTW	B	-0.04%
KDP	F	-0.04%
ROK	C	-0.04%
GPN	B	-0.04%
RJF	A	-0.04%
ED	C	-0.04%
EIX	B	-0.04%
DGX	A	-0.03%
ZBRA	B	-0.03%
CLX	A	-0.03%
TER	F	-0.03%
CTRA	B	-0.03%
BALL	F	-0.03%
MDB	B	-0.03%
ATO	A	-0.03%
TSN	B	-0.03%
FSLR	F	-0.03%
STX	C	-0.03%
OMC	C	-0.03%
BAX	F	-0.03%
MAS	D	-0.03%
LUV	C	-0.03%
BBY	D	-0.03%
INVH	D	-0.03%
TYL	B	-0.03%
WDC	D	-0.03%
STE	D	-0.03%
VLTO	C	-0.03%
DECK	A	-0.03%
ES	C	-0.03%
CBOE	C	-0.03%
CINF	A	-0.03%
EXPE	B	-0.03%
NTRS	A	-0.03%
WAT	C	-0.03%
PKG	A	-0.03%
WST	C	-0.03%
UAL	A	-0.03%
NTAP	C	-0.03%
CPAY	A	-0.03%
CHD	A	-0.03%
TDY	B	-0.03%
KHC	F	-0.03%
SBAC	D	-0.03%
PTC	B	-0.03%
NVR	D	-0.03%
JKHY	D	-0.02%
BMRN	F	-0.02%
BG	D	-0.02%
EVRG	A	-0.02%
RPM	A	-0.02%
DLTR	F	-0.02%
KIM	A	-0.02%
EL	F	-0.02%
VTRS	A	-0.02%
RVTY	F	-0.02%
SWKS	F	-0.02%
SWK	D	-0.02%
LVS	B	-0.02%
POOL	C	-0.02%
JBL	C	-0.02%
FDS	B	-0.02%
DG	F	-0.02%
SMCI	F	-0.02%
CF	A	-0.02%
GEN	B	-0.02%
J	D	-0.02%
HOLX	D	-0.02%
ENTG	D	-0.02%
EQT	B	-0.02%
DPZ	C	-0.02%
AVY	F	-0.02%
TXT	D	-0.02%
IEX	C	-0.02%
KEY	B	-0.02%
IP	A	-0.02%
PODD	C	-0.02%
TRMB	B	-0.02%
VRSN	C	-0.02%
MKC	C	-0.02%
GPC	D	-0.02%
RS	B	-0.02%
WPC	C	-0.01%