SCHJ vs. PHEQ ETF Comparison

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

SCHJ

HCM Defender 500 Index ETF

SCHJ Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 1-5 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to one year and less than five years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$24.42

Average Daily Volume

88,949

Number of Holdings ^*

436

* 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	SCHJ	PHEQ
30 Days	-0.36%	1.99%
60 Days	-0.92%	3.02%
90 Days	0.10%	3.86%
12 Months	6.61%	16.61%

113 Overlapping Holdings

Symbol	Grade	Weight in SCHJ	Weight in PHEQ	Overlap
AAPL	C	0.04%	6.85%	0.04%
ABBV	D	0.03%	0.85%	0.03%
ABT	B	0.02%	0.6%	0.02%
ADBE	C	0.01%	0.48%	0.01%
AEE	A	0.0%	0.3%	0.0%
AGR	B	0.02%	0.07%	0.02%
AMCR	D	0.03%	0.21%	0.03%
AMGN	D	0.01%	0.45%	0.01%
AMZN	C	0.04%	4.1%	0.04%
APTV	D	0.01%	0.14%	0.01%
ARE	D	0.02%	0.21%	0.02%
AVB	B	0.01%	0.35%	0.01%
AVGO	D	0.02%	1.71%	0.02%
AXP	A	0.04%	0.57%	0.04%
BA	F	0.01%	0.32%	0.01%
BAC	A	0.03%	0.98%	0.03%
BKNG	A	0.02%	0.39%	0.02%
BMY	B	0.02%	0.48%	0.02%
BRO	B	0.01%	0.31%	0.01%
CAG	D	0.01%	0.17%	0.01%
CAT	B	0.02%	0.55%	0.02%
CE	F	0.03%	0.05%	0.03%
CFG	B	0.02%	0.26%	0.02%
CMS	C	0.0%	0.31%	0.0%
CNP	B	0.02%	0.28%	0.02%
COST	B	0.0%	1.07%	0.0%
CPB	D	0.01%	0.18%	0.01%
CRM	B	0.02%	0.63%	0.02%
CSCO	B	0.03%	0.79%	0.03%
CSL	C	0.01%	0.18%	0.01%
CVX	A	0.02%	0.84%	0.02%
DAL	C	0.02%	0.39%	0.02%
DE	A	0.0%	0.44%	0.0%
DELL	C	0.04%	0.14%	0.04%
DIS	B	0.04%	0.57%	0.04%
DOC	D	0.0%	0.29%	0.0%
DOV	A	0.02%	0.33%	0.02%
DTE	C	0.01%	0.31%	0.01%
DVN	F	0.02%	0.17%	0.02%
EQR	B	0.03%	0.32%	0.03%
ESS	B	0.0%	0.19%	0.0%
ETR	B	0.02%	0.4%	0.02%
FANG	D	0.03%	0.24%	0.03%
FCNCA	A	0.0%	0.13%	0.0%
FE	C	0.01%	0.24%	0.01%
GOOGL	C	0.03%	2.28%	0.03%
HAL	C	0.03%	0.16%	0.03%
HBAN	A	0.02%	0.31%	0.02%
HD	A	0.01%	1.15%	0.01%
HUBB	B	0.02%	0.13%	0.02%
IBM	C	0.03%	0.56%	0.03%
IFF	D	0.03%	0.16%	0.03%
ILMN	D	0.02%	0.05%	0.02%
JBHT	C	0.04%	0.24%	0.04%
JNJ	D	0.02%	1.04%	0.02%
JPM	A	0.02%	1.73%	0.02%
K	A	0.02%	0.34%	0.02%
KLAC	D	0.07%	0.34%	0.07%
KMB	D	0.02%	0.33%	0.02%
KO	D	0.05%	0.77%	0.05%
L	A	0.02%	0.24%	0.02%
LH	C	0.02%	0.31%	0.02%
LII	A	0.03%	0.25%	0.03%
LIN	D	0.0%	0.67%	0.0%
LLY	F	0.02%	1.39%	0.02%
LMT	D	0.02%	0.58%	0.02%
LNT	A	0.02%	0.33%	0.02%
LOW	D	0.01%	0.57%	0.01%
LRCX	F	0.01%	0.29%	0.01%
LYB	F	0.02%	0.22%	0.02%
MA	C	0.04%	1.14%	0.04%
MAA	B	0.01%	0.27%	0.01%
MDT	D	0.1%	0.51%	0.1%
MMM	D	0.02%	0.44%	0.02%
MRK	F	0.05%	0.69%	0.05%
MRVL	B	0.02%	0.25%	0.02%
MS	A	0.03%	0.39%	0.03%
MSFT	F	0.05%	6.55%	0.05%
MU	D	0.03%	0.31%	0.03%
NDAQ	A	0.02%	0.24%	0.02%
NEM	D	0.01%	0.23%	0.01%
NVDA	C	0.03%	7.12%	0.03%
ORCL	B	0.06%	0.73%	0.06%
OTIS	C	0.07%	0.33%	0.07%
PEP	F	0.02%	0.72%	0.02%
PFG	D	0.02%	0.2%	0.02%
PG	A	0.02%	1.09%	0.02%
PHM	D	0.03%	0.3%	0.03%
PPG	F	0.01%	0.18%	0.01%
PPL	B	0.04%	0.34%	0.04%
PRU	A	0.01%	0.37%	0.01%
PYPL	B	0.03%	0.28%	0.03%
QCOM	F	0.02%	0.33%	0.02%
ROST	C	0.02%	0.32%	0.02%
RPRX	D	0.04%	0.04%	0.04%
RSG	A	0.01%	0.34%	0.01%
SCCO	F	0.0%	0.07%	0.0%
SCHW	B	0.01%	0.35%	0.01%
STLD	B	0.02%	0.11%	0.02%
SYF	B	0.05%	0.27%	0.05%
T	A	0.01%	0.68%	0.01%
TMO	F	0.03%	0.59%	0.03%
TMUS	B	0.06%	0.51%	0.06%
TXN	C	0.0%	0.59%	0.0%
UNH	C	0.01%	1.37%	0.01%
UNP	C	0.0%	0.52%	0.0%
V	A	0.09%	1.28%	0.09%
WFC	A	0.02%	0.67%	0.02%
WLK	D	0.04%	0.04%	0.04%
WM	A	0.02%	0.44%	0.02%
WMT	A	0.03%	0.96%	0.03%
XOM	B	0.03%	1.4%	0.03%
ZBH	C	0.01%	0.14%	0.01%

SCHJ Overweight 323 Positions Relative to PHEQ

Symbol	Grade	Weight
HPQ	B	0.1%
CARR	D	0.1%
BIIB	F	0.1%
COP	C	0.09%
BABA	D	0.09%
DD	D	0.09%
TAP	C	0.08%
CME	A	0.07%
BLK	C	0.07%
STLA	F	0.07%
GILD	C	0.07%
NI	A	0.06%
WBA	F	0.06%
CHTR	C	0.06%
ETN	A	0.05%
RF	A	0.05%
MCHP	D	0.05%
SJM	D	0.05%
EMN	D	0.05%
ADP	B	0.05%
SF	B	0.05%
HRL	D	0.05%
ATO	A	0.05%
VRSK	A	0.05%
TGT	F	0.05%
BDX	F	0.05%
BERY	B	0.05%
DLTR	F	0.05%
GS	A	0.05%
ITW	B	0.04%
SPGI	C	0.04%
UHS	D	0.04%
DXC	B	0.04%
AMAT	F	0.04%
NTRS	A	0.04%
CMA	A	0.04%
BHP	F	0.04%
FDX	B	0.04%
MLM	B	0.04%
DOW	F	0.04%
VFC	C	0.04%
PH	A	0.04%
HON	B	0.04%
MOS	F	0.04%
FOXA	B	0.04%
JEF	A	0.04%
GSK	F	0.04%
NOC	D	0.04%
LUV	C	0.04%
SBUX	A	0.04%
HCA	F	0.04%
AIG	B	0.04%
TPR	B	0.03%
FAF	A	0.03%
KEYS	A	0.03%
VMC	B	0.03%
HP	B	0.03%
THG	A	0.03%
DLR	B	0.03%
EA	A	0.03%
BWA	D	0.03%
SWKS	F	0.03%
EMR	A	0.03%
KMPR	B	0.03%
HAS	D	0.03%
CLX	B	0.03%
MAIN	A	0.03%
TEL	B	0.03%
RL	B	0.03%
GP	F	0.03%
ORI	A	0.03%
TME	D	0.03%
GWW	B	0.03%
FTNT	C	0.03%
BC	C	0.03%
JBL	B	0.03%
ED	D	0.03%
SNX	C	0.03%
AN	C	0.03%
LDOS	C	0.03%
MHK	D	0.03%
WB	D	0.03%
BAX	D	0.03%
FRT	B	0.03%
OPI	F	0.03%
FTV	C	0.03%
JD	D	0.03%
MSI	B	0.03%
AWH	F	0.03%
JCI	C	0.03%
IP	B	0.03%
PVH	C	0.03%
JHG	A	0.03%
VNT	B	0.03%
BKU	A	0.03%
VRSN	F	0.03%
CNO	A	0.03%
KEY	B	0.03%
ALL	A	0.03%
SWK	D	0.03%
DG	F	0.03%
LHX	C	0.03%
MKC	D	0.03%
DGX	A	0.03%
EBAY	D	0.03%
EVRG	A	0.03%
AVT	C	0.03%
ALLY	C	0.03%
MDLZ	F	0.03%
TT	A	0.03%
MPC	D	0.03%
VLO	C	0.03%
WMB	A	0.03%
LVS	C	0.03%
EPD	A	0.03%
EXC	C	0.03%
FIS	C	0.03%
PFE	D	0.03%
ARCC	A	0.03%
BIDU	F	0.03%
USB	A	0.03%
HPE	B	0.03%
GE	D	0.03%
C	A	0.03%
HSBC	B	0.03%
TSLX	C	0.02%
TCPC	C	0.02%
FNB	A	0.02%
VLY	B	0.02%
SNV	B	0.02%
WAL	B	0.02%
ALLE	D	0.02%
ADI	D	0.02%
AIZ	A	0.02%
APD	A	0.02%
LEG	F	0.02%
RGA	A	0.02%
KSS	F	0.02%
SBRA	C	0.02%
OCSL	F	0.02%
EQH	B	0.02%
GXO	B	0.02%
HTGC	D	0.02%
NEU	C	0.02%
BCSF	C	0.02%
CTVA	C	0.02%
PSEC	D	0.02%
AGO	B	0.02%
RNR	C	0.02%
HES	B	0.02%
TRMB	B	0.02%
ADM	D	0.02%
KRC	C	0.02%
TKR	D	0.02%
OC	A	0.02%
ADSK	A	0.02%
JNPR	F	0.02%
RS	B	0.02%
PNW	B	0.02%
G	B	0.02%
HRB	D	0.02%
RPM	A	0.02%
EL	F	0.02%
GBDC	C	0.02%
FHN	A	0.02%
CF	B	0.02%
LNC	B	0.02%
HOG	D	0.02%
UNM	A	0.02%
PKG	A	0.02%
LAZ	B	0.02%
BR	A	0.02%
GSBD	F	0.02%
TDY	B	0.02%
BKH	A	0.02%
VOYA	B	0.02%
SLG	B	0.02%
NUE	C	0.02%
WPC	D	0.02%
ROK	B	0.02%
INTU	C	0.02%
BG	F	0.02%
NTAP	C	0.02%
KR	B	0.02%
SHW	A	0.02%
AON	A	0.02%
A	D	0.02%
HII	D	0.02%
MCO	B	0.02%
H	B	0.02%
DHI	D	0.02%
CNA	B	0.02%
NNN	D	0.02%
UAL	A	0.02%
EQIX	A	0.02%
WEC	A	0.02%
AWK	D	0.02%
R	B	0.02%
TJX	A	0.02%
CAH	B	0.02%
SRE	A	0.02%
XEL	A	0.02%
WAB	B	0.02%
SITC	D	0.02%
ORLY	B	0.02%
LEN	D	0.02%
EXPE	B	0.02%
PEG	A	0.02%
D	C	0.02%
AMP	A	0.02%
SYK	C	0.02%
PM	B	0.02%
CNH	C	0.02%
MET	A	0.02%
NXPI	D	0.02%
SPG	B	0.02%
HST	C	0.02%
GLPI	C	0.02%
STZ	D	0.02%
MO	A	0.02%
GPN	B	0.02%
CM	A	0.02%
TSN	B	0.02%
DUK	C	0.02%
ICE	C	0.02%
AL	B	0.02%
SYY	B	0.02%
UPS	C	0.02%
MMC	B	0.02%
SLB	C	0.02%
GD	F	0.02%
RTX	C	0.02%
VOD	F	0.02%
KDP	D	0.02%
PNC	B	0.02%
MAR	B	0.02%
EOG	A	0.02%
BXP	D	0.02%
AER	B	0.02%
BNS	A	0.02%
DB	D	0.02%
OMC	C	0.02%
ZTS	D	0.02%
CB	C	0.02%
PCG	A	0.02%
TFC	A	0.02%
DFS	B	0.02%
VZ	C	0.02%
RY	A	0.02%
CI	F	0.02%
MUFG	B	0.02%
NWG	C	0.02%
INTC	D	0.02%
CHD	B	0.01%
BEN	C	0.01%
VNO	B	0.01%
ALB	C	0.01%
PDM	D	0.01%
ARW	D	0.01%
OGE	B	0.01%
O	D	0.01%
CSX	B	0.01%
OHI	C	0.01%
EFX	F	0.01%
ROP	B	0.01%
AEP	D	0.01%
AFL	B	0.01%
CP	D	0.01%
DHR	F	0.01%
NKE	D	0.01%
WEST	C	0.01%
MTB	A	0.01%
ES	D	0.01%
PSA	D	0.01%
HSY	F	0.01%
AMG	B	0.01%
OGS	A	0.01%
PAA	B	0.01%
HUM	C	0.01%
MCK	B	0.01%
KMI	A	0.01%
VTR	C	0.01%
NFG	A	0.01%
GIS	D	0.01%
STT	A	0.01%
CCI	D	0.01%
FITB	A	0.01%
BK	A	0.01%
PSX	C	0.01%
BMO	A	0.01%
TD	F	0.01%
AMT	D	0.01%
COF	B	0.01%
AZN	D	0.01%
MCD	D	0.01%
GM	B	0.01%
CVS	D	0.01%
CMCSA	B	0.01%
CTRA	B	0.0%
CMI	A	0.0%
PCAR	B	0.0%
KIM	A	0.0%
WHR	B	0.0%
FLEX	A	0.0%
CUBE	D	0.0%
APH	A	0.0%
AZO	C	0.0%
BDN	C	0.0%
BRX	A	0.0%
NSC	B	0.0%
WU	D	0.0%
IVZ	B	0.0%
TXT	D	0.0%
CL	D	0.0%
OKE	A	0.0%
WELL	A	0.0%
BSX	B	0.0%
EIX	B	0.0%
AES	F	0.0%
FSK	A	0.0%
MPLX	A	0.0%
SO	D	0.0%
NEE	D	0.0%

SCHJ Underweight 90 Positions Relative to PHEQ

Symbol	Grade	Weight
META	D	-2.66%
TSLA	B	-1.91%
GOOG	C	-1.9%
BRK.A	B	-1.42%
NFLX	A	-0.8%
NOW	A	-0.61%
ISRG	A	-0.58%
AMD	F	-0.51%
TRGP	B	-0.46%
KKR	A	-0.46%
CTAS	B	-0.42%
TRV	B	-0.39%
PLTR	B	-0.36%
VRTX	F	-0.36%
HWM	A	-0.36%
YUM	B	-0.33%
HIG	B	-0.33%
EXR	D	-0.32%
PANW	C	-0.3%
DRI	B	-0.3%
COR	B	-0.3%
APO	B	-0.3%
UBER	D	-0.29%
AME	A	-0.28%
MELI	D	-0.25%
ARES	A	-0.25%
GLW	B	-0.25%
MRO	B	-0.24%
URI	B	-0.24%
RMD	C	-0.24%
MKL	A	-0.23%
ULTA	F	-0.23%
EXPD	D	-0.23%
LNG	B	-0.22%
HEI	B	-0.22%
WRB	A	-0.21%
SSNC	B	-0.21%
REGN	F	-0.21%
LULU	C	-0.21%
MSTR	C	-0.2%
SPOT	B	-0.19%
TTD	B	-0.18%
ZM	B	-0.18%
WBD	C	-0.18%
CRWD	B	-0.17%
AKAM	D	-0.16%
ABNB	C	-0.15%
MOH	F	-0.14%
NDSN	B	-0.14%
HEI	B	-0.14%
ON	D	-0.14%
HUBS	A	-0.14%
MGM	D	-0.13%
WDAY	B	-0.13%
DASH	A	-0.13%
DDOG	A	-0.13%
ALNY	D	-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%
BLDR	D	-0.08%
ZS	C	-0.08%
NET	B	-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%
OKTA	C	-0.04%
BSY	D	-0.04%
CPNG	D	-0.03%
PINS	D	-0.03%
SIRI	C	-0.03%
ENPH	F	-0.03%
RKT	F	-0.03%
WSM	B	-0.02%
WMG	C	-0.02%
MRNA	F	-0.01%