PHEQ vs. SKF ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to ProShares UltraShort Financials (SKF)

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

19,384

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

SKF

ProShares UltraShort Financials

SKF Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. FinancialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the financial services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.50

Average Daily Volume

12,883

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	SKF
30 Days	1.55%	-12.30%
60 Days	2.60%	-18.22%
90 Days	3.63%	-21.58%
12 Months	16.36%	-48.25%

28 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in SKF	Overlap
ARE	F	0.21%	0.32%	0.21%
AVB	B	0.35%	0.51%	0.35%
AXP	A	0.57%	1.49%	0.57%
BAC	A	0.98%	4.46%	0.98%
BRK.A	B	1.42%	7.56%	1.42%
CFG	B	0.26%	0.3%	0.26%
DOC	C	0.29%	0.3%	0.29%
EQR	C	0.32%	0.48%	0.32%
ESS	B	0.19%	0.34%	0.19%
EXR	C	0.32%	0.24%	0.24%
HBAN	A	0.31%	0.26%	0.26%
HIG	B	0.33%	0.37%	0.33%
JPM	A	1.73%	7.27%	1.73%
L	A	0.24%	0.23%	0.23%
MA	B	1.14%	4.83%	1.14%
MAA	B	0.27%	0.26%	0.26%
MKL	A	0.23%	0.28%	0.23%
MS	A	0.39%	1.19%	0.39%
NDAQ	A	0.24%	0.21%	0.21%
PFG	D	0.2%	0.25%	0.2%
PRU	A	0.37%	0.66%	0.37%
SCHW	B	0.35%	0.93%	0.35%
SUI	C	0.1%	0.24%	0.1%
SYF	B	0.27%	0.36%	0.27%
TRV	B	0.39%	0.61%	0.39%
V	A	1.28%	5.88%	1.28%
WFC	A	0.67%	3.19%	0.67%
WRB	A	0.21%	0.17%	0.17%

PHEQ Overweight 175 Positions Relative to SKF

Symbol	Grade	Weight
NVDA	B	7.12%
AAPL	C	6.85%
MSFT	D	6.55%
AMZN	C	4.1%
META	D	2.66%
GOOGL	C	2.28%
TSLA	B	1.91%
GOOG	C	1.9%
AVGO	D	1.71%
XOM	B	1.4%
LLY	F	1.39%
UNH	B	1.37%
HD	B	1.15%
PG	C	1.09%
COST	A	1.07%
JNJ	C	1.04%
WMT	A	0.96%
ABBV	F	0.85%
CVX	A	0.84%
NFLX	A	0.8%
CSCO	B	0.79%
KO	D	0.77%
ORCL	A	0.73%
PEP	F	0.72%
MRK	D	0.69%
T	A	0.68%
LIN	C	0.67%
CRM	B	0.63%
NOW	A	0.61%
ABT	B	0.6%
TMO	F	0.59%
TXN	C	0.59%
LMT	D	0.58%
ISRG	A	0.58%
DIS	B	0.57%
LOW	C	0.57%
IBM	C	0.56%
CAT	B	0.55%
UNP	C	0.52%
AMD	F	0.51%
MDT	D	0.51%
TMUS	B	0.51%
BMY	B	0.48%
ADBE	C	0.48%
TRGP	A	0.46%
KKR	A	0.46%
AMGN	F	0.45%
DE	B	0.44%
WM	B	0.44%
MMM	D	0.44%
CTAS	B	0.42%
ETR	B	0.4%
DAL	B	0.39%
BKNG	A	0.39%
PLTR	B	0.36%
VRTX	D	0.36%
HWM	A	0.36%
PPL	A	0.34%
KLAC	F	0.34%
K	A	0.34%
RSG	A	0.34%
LNT	A	0.33%
DOV	A	0.33%
YUM	D	0.33%
QCOM	F	0.33%
KMB	C	0.33%
OTIS	C	0.33%
BA	F	0.32%
ROST	D	0.32%
MU	D	0.31%
LH	B	0.31%
CMS	C	0.31%
BRO	B	0.31%
DTE	C	0.31%
PANW	B	0.3%
DRI	B	0.3%
AEE	A	0.3%
COR	B	0.3%
PHM	D	0.3%
APO	B	0.3%
UBER	F	0.29%
LRCX	F	0.29%
CNP	A	0.28%
AME	A	0.28%
PYPL	B	0.28%
MRVL	B	0.25%
MELI	C	0.25%
LII	A	0.25%
ARES	A	0.25%
GLW	B	0.25%
MRO	B	0.24%
FE	C	0.24%
URI	C	0.24%
JBHT	C	0.24%
RMD	C	0.24%
FANG	C	0.24%
NEM	D	0.23%
ULTA	F	0.23%
EXPD	C	0.23%
LNG	A	0.22%
LYB	F	0.22%
HEI	A	0.22%
SSNC	B	0.21%
REGN	F	0.21%
AMCR	C	0.21%
LULU	C	0.21%
MSTR	B	0.2%
SPOT	B	0.19%
TTD	B	0.18%
ZM	C	0.18%
PPG	F	0.18%
WBD	B	0.18%
CPB	D	0.18%
CSL	C	0.18%
CRWD	B	0.17%
CAG	F	0.17%
DVN	F	0.17%
IFF	D	0.16%
AKAM	D	0.16%
HAL	C	0.16%
ABNB	C	0.15%
MOH	F	0.14%
APTV	F	0.14%
NDSN	B	0.14%
HEI	A	0.14%
ZBH	C	0.14%
ON	D	0.14%
DELL	B	0.14%
HUBS	A	0.14%
MGM	D	0.13%
WDAY	B	0.13%
DASH	B	0.13%
HUBB	B	0.13%
DDOG	A	0.13%
ALNY	D	0.13%
FCNCA	A	0.13%
SQ	A	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%
VRT	B	0.1%
VEEV	C	0.1%
DOX	D	0.09%
TRU	D	0.09%
BLDR	D	0.08%
ZS	B	0.08%
NET	B	0.07%
SCCO	F	0.07%
AGR	A	0.07%
YUMC	C	0.07%
DKNG	B	0.07%
SNOW	B	0.06%
ALGN	D	0.06%
AVTR	F	0.06%
TEAM	A	0.06%
SNAP	D	0.05%
LPLA	A	0.05%
CE	F	0.05%
OWL	A	0.05%
ILMN	C	0.05%
OKTA	C	0.04%
WLK	D	0.04%
BSY	F	0.04%
RPRX	D	0.04%
CPNG	D	0.03%
PINS	F	0.03%
SIRI	C	0.03%
ENPH	F	0.03%
RKT	F	0.03%
WSM	C	0.02%
WMG	D	0.02%
MRNA	F	0.01%

PHEQ Underweight 69 Positions Relative to SKF

Symbol	Grade	Weight
C	A	-2.98%
AMT	C	-1.74%
GS	A	-1.34%
USB	A	-1.32%
TFC	A	-1.27%
CME	B	-1.25%
SPGI	C	-1.22%
CB	C	-1.17%
PNC	B	-1.13%
BLK	B	-1.06%
CCI	C	-1.02%
PLD	F	-1.0%
MMC	B	-0.97%
ICE	C	-0.91%
EQIX	A	-0.84%
AON	A	-0.83%
COF	C	-0.81%
AIG	B	-0.77%
SPG	A	-0.76%
PGR	A	-0.75%
MCO	B	-0.7%
MET	A	-0.69%
BX	A	-0.67%
AFL	B	-0.66%
BK	A	-0.65%
ALL	A	-0.64%
WELL	A	-0.59%
PSA	C	-0.56%
TROW	B	-0.52%
STT	B	-0.5%
SBAC	D	-0.48%
DLR	B	-0.44%
WTW	B	-0.44%
DFS	B	-0.44%
O	C	-0.42%
MSCI	C	-0.4%
CSGP	D	-0.4%
WY	F	-0.39%
NTRS	A	-0.39%
AMP	A	-0.37%
VTR	B	-0.37%
MTB	A	-0.36%
FITB	B	-0.35%
BXP	C	-0.34%
CBRE	B	-0.34%
KEY	B	-0.32%
ACGL	C	-0.31%
AJG	A	-0.3%
INVH	D	-0.28%
RF	A	-0.27%
CINF	A	-0.27%
MKTX	D	-0.24%
WPC	C	-0.24%
NLY	C	-0.23%
UDR	B	-0.23%
HST	C	-0.22%
ELS	C	-0.22%
FNF	B	-0.22%
RJF	A	-0.2%
LNC	C	-0.2%
EG	C	-0.19%
MPW	F	-0.19%
ALLY	C	-0.19%
EQH	C	-0.19%
GL	C	-0.18%
FDS	B	-0.18%
REG	A	-0.18%
VNO	C	-0.18%
CPT	B	-0.18%