RWL vs. PHEQ ETF Comparison

Comparison of RevenueShares Large Cap ETF (RWL) to Parametric Hedged Equity ETF (PHEQ)

RWL

RevenueShares Large Cap ETF

RWL Description

The investment seeks to outperform the total return performance of the S&P 500 Index, the fund's benchmark index. The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the RevenueShares Large Cap IndexTM (the "underlying index"). The underlying index is constructed by re-weighting the constituent securities of the benchmark index according to the revenue earned by the companies in the benchmark index, subject to certain asset diversification requirements. The fund will invest at least 80% of its net assets in the securities of large capitalization companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$103.10

Average Daily Volume

135,430

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

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

Performance

Period	RWL	PHEQ
30 Days	4.90%	1.99%
60 Days	5.46%	3.02%
90 Days	7.07%	3.86%
12 Months	29.24%	16.61%

148 Overlapping Holdings

Symbol	Grade	Weight in RWL	Weight in PHEQ	Overlap
AAPL	C	2.18%	6.85%	2.18%
ABBV	D	0.26%	0.85%	0.26%
ABNB	C	0.07%	0.15%	0.07%
ABT	B	0.22%	0.6%	0.22%
ADBE	C	0.11%	0.48%	0.11%
AEE	A	0.04%	0.3%	0.04%
AKAM	D	0.02%	0.16%	0.02%
ALGN	D	0.02%	0.06%	0.02%
AMCR	D	0.07%	0.21%	0.07%
AMD	F	0.12%	0.51%	0.12%
AME	A	0.04%	0.28%	0.04%
AMGN	D	0.15%	0.45%	0.15%
AMZN	C	3.77%	4.1%	3.77%
APTV	D	0.09%	0.14%	0.09%
ARE	D	0.01%	0.21%	0.01%
AVB	B	0.02%	0.35%	0.02%
AVGO	D	0.26%	1.71%	0.26%
AXP	A	0.44%	0.57%	0.44%
BA	F	0.36%	0.32%	0.32%
BAC	A	1.24%	0.98%	0.98%
BKNG	A	0.16%	0.39%	0.16%
BLDR	D	0.09%	0.08%	0.08%
BMY	B	0.3%	0.48%	0.3%
BRK.A	B	2.13%	1.42%	1.42%
BRO	B	0.03%	0.31%	0.03%
CAG	D	0.06%	0.17%	0.06%
CAT	B	0.41%	0.55%	0.41%
CE	F	0.03%	0.05%	0.03%
CFG	B	0.08%	0.26%	0.08%
CMS	C	0.04%	0.31%	0.04%
CNP	B	0.05%	0.28%	0.05%
COR	B	1.58%	0.3%	0.3%
COST	B	1.41%	1.07%	1.07%
CPB	D	0.05%	0.18%	0.05%
CRM	B	0.26%	0.63%	0.26%
CRWD	B	0.03%	0.17%	0.03%
CSCO	B	0.34%	0.79%	0.34%
CTAS	B	0.05%	0.42%	0.05%
CVX	A	1.25%	0.84%	0.84%
DAL	C	0.48%	0.39%	0.39%
DE	A	0.31%	0.44%	0.31%
DELL	C	0.59%	0.14%	0.14%
DIS	B	0.59%	0.57%	0.57%
DOC	D	0.01%	0.29%	0.01%
DOV	A	0.05%	0.33%	0.05%
DRI	B	0.07%	0.3%	0.07%
DTE	C	0.06%	0.31%	0.06%
DVN	F	0.08%	0.17%	0.08%
ENPH	F	0.0%	0.03%	0.0%
EQR	B	0.01%	0.32%	0.01%
ESS	B	0.01%	0.19%	0.01%
ETR	B	0.08%	0.4%	0.08%
EXPD	D	0.05%	0.23%	0.05%
EXR	D	0.02%	0.32%	0.02%
FANG	D	0.05%	0.24%	0.05%
FE	C	0.07%	0.24%	0.07%
GLW	B	0.08%	0.25%	0.08%
GOOG	C	1.01%	1.9%	1.01%
GOOGL	C	1.01%	2.28%	1.01%
HAL	C	0.14%	0.16%	0.14%
HBAN	A	0.08%	0.31%	0.08%
HD	A	0.89%	1.15%	0.89%
HIG	B	0.14%	0.33%	0.14%
HUBB	B	0.03%	0.13%	0.03%
HWM	A	0.05%	0.36%	0.05%
IBM	C	0.33%	0.56%	0.33%
IFF	D	0.05%	0.16%	0.05%
ISRG	A	0.05%	0.58%	0.05%
JBHT	C	0.07%	0.24%	0.07%
JNJ	D	0.44%	1.04%	0.44%
JPM	A	1.74%	1.73%	1.73%
K	A	0.07%	0.34%	0.07%
KKR	A	0.16%	0.46%	0.16%
KLAC	D	0.05%	0.34%	0.05%
KMB	D	0.1%	0.33%	0.1%
KO	D	0.22%	0.77%	0.22%
L	A	0.1%	0.24%	0.1%
LH	C	0.07%	0.31%	0.07%
LIN	D	0.17%	0.67%	0.17%
LLY	F	0.18%	1.39%	0.18%
LMT	D	0.37%	0.58%	0.37%
LNT	A	0.02%	0.33%	0.02%
LOW	D	0.49%	0.57%	0.49%
LRCX	F	0.08%	0.29%	0.08%
LULU	C	0.07%	0.21%	0.07%
LYB	F	0.2%	0.22%	0.2%
MA	C	0.15%	1.14%	0.15%
MAA	B	0.01%	0.27%	0.01%
MDT	D	0.17%	0.51%	0.17%
META	D	0.91%	2.66%	0.91%
MGM	D	0.1%	0.13%	0.1%
MMM	D	0.13%	0.44%	0.13%
MOH	F	0.18%	0.14%	0.14%
MRK	F	0.29%	0.69%	0.29%
MRNA	F	0.02%	0.01%	0.01%
MRO	B	0.04%	0.24%	0.04%
MS	A	0.76%	0.39%	0.39%
MSFT	F	1.34%	6.55%	1.34%
MU	D	0.13%	0.31%	0.13%
NDAQ	A	0.04%	0.24%	0.04%
NDSN	B	0.01%	0.14%	0.01%
NEM	D	0.06%	0.23%	0.06%
NFLX	A	0.24%	0.8%	0.24%
NOW	A	0.07%	0.61%	0.07%
NVDA	C	0.65%	7.12%	0.65%
ON	D	0.04%	0.14%	0.04%
ORCL	B	0.34%	0.73%	0.34%
OTIS	C	0.08%	0.33%	0.08%
PANW	C	0.05%	0.3%	0.05%
PEP	F	0.47%	0.72%	0.47%
PFG	D	0.09%	0.2%	0.09%
PG	A	0.44%	1.09%	0.44%
PHM	D	0.09%	0.3%	0.09%
PLTR	B	0.02%	0.36%	0.02%
PPG	F	0.1%	0.18%	0.1%
PPL	B	0.05%	0.34%	0.05%
PRU	A	0.36%	0.37%	0.36%
PYPL	B	0.21%	0.28%	0.21%
QCOM	F	0.2%	0.33%	0.2%
REGN	F	0.05%	0.21%	0.05%
RMD	C	0.02%	0.24%	0.02%
ROST	C	0.11%	0.32%	0.11%
RSG	A	0.09%	0.34%	0.09%
SCHW	B	0.18%	0.35%	0.18%
STLD	B	0.12%	0.11%	0.11%
SYF	B	0.15%	0.27%	0.15%
T	A	0.69%	0.68%	0.68%
TMO	F	0.2%	0.59%	0.2%
TMUS	B	0.51%	0.51%	0.51%
TRGP	B	0.12%	0.46%	0.12%
TRV	B	0.26%	0.39%	0.26%
TSLA	B	0.71%	1.91%	0.71%
TXN	C	0.09%	0.59%	0.09%
UBER	D	0.22%	0.29%	0.22%
ULTA	F	0.06%	0.23%	0.06%
UNH	C	2.1%	1.37%	1.37%
UNP	C	0.13%	0.52%	0.13%
URI	B	0.09%	0.24%	0.09%
V	A	0.21%	1.28%	0.21%
VRTX	F	0.06%	0.36%	0.06%
WBD	C	0.25%	0.18%	0.18%
WFC	A	0.93%	0.67%	0.67%
WM	A	0.12%	0.44%	0.12%
WMT	A	3.83%	0.96%	0.96%
WRB	A	0.07%	0.21%	0.07%
XOM	B	2.04%	1.4%	1.4%
YUM	B	0.04%	0.33%	0.04%
ZBH	C	0.04%	0.14%	0.04%

RWL Overweight 351 Positions Relative to PHEQ

Symbol	Grade	Weight
MCK	B	2.03%
CVS	D	1.9%
CAH	B	1.34%
GM	B	1.22%
C	A	1.1%
CI	F	1.06%
F	C	1.03%
KR	B	0.87%
PSX	C	0.86%
GS	A	0.82%
VLO	C	0.8%
MPC	D	0.79%
WBA	F	0.77%
CMCSA	B	0.73%
ELV	F	0.7%
CNC	D	0.68%
VZ	C	0.68%
TGT	F	0.6%
UAL	A	0.56%
HUM	C	0.54%
UPS	C	0.51%
FDX	B	0.49%
ADM	D	0.42%
SYY	B	0.42%
MET	A	0.41%
RTX	C	0.4%
INTC	D	0.39%
PGR	A	0.38%
COF	B	0.38%
ACN	C	0.37%
CHTR	C	0.35%
COP	C	0.34%
ALL	A	0.34%
HCA	F	0.33%
HPQ	B	0.32%
TJX	A	0.31%
TSN	B	0.3%
CB	C	0.29%
BG	F	0.28%
NKE	D	0.27%
PFE	D	0.27%
USB	A	0.26%
GEV	B	0.25%
GD	F	0.24%
AIG	B	0.24%
CMI	A	0.23%
HON	B	0.23%
BK	A	0.23%
PCAR	B	0.23%
NOC	D	0.22%
BBY	D	0.22%
SLB	C	0.21%
DOW	F	0.21%
PNC	B	0.21%
GE	D	0.21%
HPE	B	0.2%
DG	F	0.2%
SBUX	A	0.2%
CBRE	B	0.2%
PM	B	0.2%
JBL	B	0.2%
BKR	B	0.19%
NRG	B	0.18%
LEN	D	0.18%
CCL	B	0.18%
NUE	C	0.18%
LUV	C	0.17%
GILD	C	0.17%
LYV	A	0.17%
MDLZ	F	0.17%
DHI	D	0.17%
PARA	C	0.17%
JCI	C	0.17%
DUK	C	0.16%
TFC	A	0.16%
ETN	A	0.16%
DLTR	F	0.16%
MAR	B	0.16%
DFS	B	0.16%
PWR	A	0.15%
AMAT	F	0.15%
EOG	A	0.15%
OXY	D	0.15%
FCX	D	0.14%
SO	D	0.14%
CEG	D	0.14%
KMX	B	0.14%
MCD	D	0.14%
PCG	A	0.14%
MMC	B	0.13%
BLK	C	0.13%
CARR	D	0.13%
KHC	F	0.13%
PH	A	0.13%
SHW	A	0.13%
FI	A	0.13%
VST	B	0.13%
TT	A	0.12%
MO	A	0.12%
RCL	A	0.12%
EMR	A	0.12%
EXC	C	0.12%
AMP	A	0.12%
DHR	F	0.12%
IP	B	0.12%
NEE	D	0.12%
SW	A	0.12%
STT	A	0.12%
SYK	C	0.12%
OKE	A	0.12%
LHX	C	0.12%
BDX	F	0.11%
KMI	A	0.11%
CHRW	C	0.11%
AFL	B	0.11%
RJF	A	0.11%
GWW	B	0.11%
CTSH	B	0.11%
GPC	D	0.11%
ADP	B	0.11%
INTU	C	0.1%
NTRS	A	0.1%
GIS	D	0.1%
ORLY	B	0.1%
AEP	D	0.1%
EXPE	B	0.1%
AZO	C	0.1%
GEHC	F	0.1%
CSX	B	0.09%
KVUE	A	0.09%
OMC	C	0.09%
BSX	B	0.09%
EIX	B	0.09%
VTRS	A	0.09%
J	F	0.09%
MTB	A	0.09%
CTVA	C	0.09%
ITW	B	0.09%
CDW	F	0.09%
LDOS	C	0.09%
CL	D	0.09%
LVS	C	0.08%
HES	B	0.08%
TSCO	D	0.08%
SRE	A	0.08%
XEL	A	0.08%
FITB	A	0.08%
APH	A	0.08%
BWA	D	0.08%
EG	C	0.08%
AON	A	0.08%
ECL	D	0.08%
WAB	B	0.07%
EL	F	0.07%
BAX	D	0.07%
BALL	D	0.07%
MOS	F	0.07%
DD	D	0.07%
HLT	A	0.07%
NCLH	B	0.07%
BX	A	0.07%
WDC	D	0.07%
WMB	A	0.07%
KEY	B	0.07%
NXPI	D	0.07%
IQV	D	0.07%
AIZ	A	0.07%
UHS	D	0.07%
NSC	B	0.07%
SPGI	C	0.07%
SWK	D	0.07%
KDP	D	0.07%
ACGL	D	0.07%
APD	A	0.07%
ED	D	0.07%
TAP	C	0.07%
D	C	0.07%
TXT	D	0.07%
LKQ	D	0.07%
ICE	C	0.06%
PEG	A	0.06%
ES	D	0.06%
IPG	D	0.06%
GPN	B	0.06%
FIS	C	0.06%
WTW	B	0.06%
AJG	B	0.06%
RF	A	0.06%
HRL	D	0.06%
CMG	B	0.06%
CZR	F	0.06%
MSI	B	0.06%
CINF	A	0.06%
HSIC	B	0.06%
DVA	B	0.06%
FOXA	B	0.05%
FOX	A	0.05%
WYNN	D	0.05%
APA	D	0.05%
EQIX	A	0.05%
WEC	A	0.05%
ALB	C	0.05%
FAST	B	0.05%
HII	D	0.05%
PKG	A	0.05%
EMN	D	0.05%
BEN	C	0.05%
VMC	B	0.05%
TPR	B	0.05%
ADI	D	0.05%
AMT	D	0.05%
AES	F	0.05%
NVR	D	0.05%
DGX	A	0.05%
ROK	B	0.05%
STZ	D	0.05%
MHK	D	0.05%
HSY	F	0.05%
EBAY	D	0.05%
IVZ	B	0.04%
NTAP	C	0.04%
IT	C	0.04%
TTWO	A	0.04%
SNA	A	0.04%
MCO	B	0.04%
ADSK	A	0.04%
ANET	C	0.04%
ROP	B	0.04%
PLD	D	0.04%
ODFL	B	0.04%
GRMN	B	0.04%
FTNT	C	0.04%
BR	A	0.04%
SNPS	B	0.04%
CLX	B	0.04%
TDG	D	0.04%
WY	D	0.04%
WELL	A	0.04%
MLM	B	0.04%
TROW	B	0.04%
MAS	D	0.04%
SJM	D	0.04%
AVY	D	0.04%
XYL	D	0.04%
BIIB	F	0.04%
RL	B	0.04%
SOLV	C	0.04%
IR	B	0.04%
LW	C	0.04%
ZTS	D	0.04%
MNST	C	0.04%
EA	A	0.04%
VTR	C	0.03%
CPAY	A	0.03%
EFX	F	0.03%
TRMB	B	0.03%
CDNS	B	0.03%
INCY	C	0.03%
VLTO	D	0.03%
PNR	A	0.03%
CPRT	A	0.03%
STE	F	0.03%
PNW	B	0.03%
DECK	A	0.03%
DPZ	C	0.03%
JNPR	F	0.03%
ZBRA	B	0.03%
KEYS	A	0.03%
GNRC	B	0.03%
GDDY	A	0.03%
POOL	C	0.03%
HST	C	0.03%
NI	A	0.03%
MCHP	D	0.03%
EPAM	C	0.03%
NWSA	B	0.03%
IRM	D	0.03%
PAYX	C	0.03%
CCI	D	0.03%
EW	C	0.03%
EVRG	A	0.03%
NWS	B	0.03%
SMCI	F	0.03%
EQT	B	0.03%
GL	B	0.03%
MKC	D	0.03%
CME	A	0.03%
CTRA	B	0.03%
DLR	B	0.03%
A	D	0.03%
TDY	B	0.03%
CHD	B	0.03%
STX	D	0.03%
FTV	C	0.03%
SPG	B	0.03%
CF	B	0.03%
ERIE	D	0.02%
VRSK	A	0.02%
AXON	A	0.02%
MSCI	C	0.02%
MTCH	D	0.02%
FSLR	F	0.02%
IDXX	F	0.02%
WST	C	0.02%
FFIV	B	0.02%
ROL	B	0.02%
WAT	B	0.02%
BXP	D	0.02%
MTD	D	0.02%
VICI	C	0.02%
FMC	D	0.02%
SWKS	F	0.02%
AOS	F	0.02%
CBOE	B	0.02%
IEX	B	0.02%
ALLE	D	0.02%
HOLX	D	0.02%
AWK	D	0.02%
CRL	C	0.02%
HAS	D	0.02%
DXCM	D	0.02%
O	D	0.02%
PSA	D	0.02%
ATO	A	0.02%
CTLT	B	0.02%
GEN	B	0.02%
FRT	B	0.01%
TECH	D	0.01%
MPWR	F	0.01%
REG	B	0.01%
CPT	B	0.01%
VRSN	F	0.01%
UDR	B	0.01%
KIM	A	0.01%
FICO	B	0.01%
TYL	B	0.01%
PODD	C	0.01%
DAY	B	0.01%
JKHY	D	0.01%
TER	D	0.01%
PAYC	B	0.01%
TFX	F	0.01%
INVH	D	0.01%
SBAC	D	0.01%
QRVO	F	0.01%
FDS	B	0.01%
PTC	A	0.01%
CSGP	D	0.01%
ANSS	B	0.01%
RVTY	F	0.01%
MKTX	D	0.0%

RWL Underweight 55 Positions Relative to PHEQ

Symbol	Grade	Weight
APO	B	-0.3%
MRVL	B	-0.25%
MELI	D	-0.25%
LII	A	-0.25%
ARES	A	-0.25%
MKL	A	-0.23%
LNG	B	-0.22%
HEI	B	-0.22%
SSNC	B	-0.21%
MSTR	C	-0.2%
SPOT	B	-0.19%
TTD	B	-0.18%
ZM	B	-0.18%
CSL	C	-0.18%
HEI	B	-0.14%
HUBS	A	-0.14%
WDAY	B	-0.13%
DASH	A	-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%
IBKR	A	-0.11%
VRT	B	-0.1%
VEEV	C	-0.1%
SUI	D	-0.1%
DOX	D	-0.09%
TRU	D	-0.09%
ZS	C	-0.08%
NET	B	-0.07%
SCCO	F	-0.07%
AGR	B	-0.07%
YUMC	C	-0.07%
DKNG	B	-0.07%
SNOW	C	-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%
OKTA	C	-0.04%
WLK	D	-0.04%
BSY	D	-0.04%
RPRX	D	-0.04%
CPNG	D	-0.03%
PINS	D	-0.03%
SIRI	C	-0.03%
RKT	F	-0.03%
WSM	B	-0.02%
WMG	C	-0.02%