STRV vs. PHEQ ETF Comparison

Comparison of Strive 500 ETF (STRV) to Parametric Hedged Equity ETF (PHEQ)

STRV

Strive 500 ETF

STRV Description

Under normal circumstances, substantially all of the fund"s total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. The Sub-Adviser expects that, over time, the correlation between the fund"s performance and that of the index, before fees and expenses, will be 95% or higher.

Grade (RS Rating)

Last Trade

$38.43

Average Daily Volume

70,928

Number of Holdings ^*

490

* 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	STRV	PHEQ
30 Days	3.47%	1.99%
60 Days	5.07%	3.02%
90 Days	6.75%	3.86%
12 Months	33.17%	16.61%

195 Overlapping Holdings

Symbol	Grade	Weight in STRV	Weight in PHEQ	Overlap
AAPL	C	6.56%	6.85%	6.56%
ABBV	D	0.6%	0.85%	0.6%
ABNB	C	0.09%	0.15%	0.09%
ABT	B	0.39%	0.6%	0.39%
ADBE	C	0.47%	0.48%	0.47%
AEE	A	0.04%	0.3%	0.04%
AGR	B	0.0%	0.07%	0.0%
AKAM	D	0.03%	0.16%	0.03%
ALGN	D	0.02%	0.06%	0.02%
ALNY	D	0.07%	0.13%	0.07%
AMCR	D	0.03%	0.21%	0.03%
AMD	F	0.44%	0.51%	0.44%
AME	A	0.1%	0.28%	0.1%
AMGN	D	0.32%	0.45%	0.32%
AMZN	C	3.91%	4.1%	3.91%
APO	B	0.14%	0.3%	0.14%
APTV	D	0.03%	0.14%	0.03%
ARE	D	0.03%	0.21%	0.03%
ARES	A	0.05%	0.25%	0.05%
AVB	B	0.06%	0.35%	0.06%
AVGO	D	1.56%	1.71%	1.56%
AVTR	F	0.03%	0.06%	0.03%
AXP	A	0.29%	0.57%	0.29%
BA	F	0.17%	0.32%	0.17%
BAC	A	0.62%	0.98%	0.62%
BAH	F	0.05%	0.12%	0.05%
BKNG	A	0.32%	0.39%	0.32%
BLDR	D	0.05%	0.08%	0.05%
BMY	B	0.23%	0.48%	0.23%
BRK.A	B	1.19%	1.42%	1.19%
BRO	B	0.05%	0.31%	0.05%
BSY	D	0.02%	0.04%	0.02%
CAG	D	0.02%	0.17%	0.02%
CAT	B	0.37%	0.55%	0.37%
CE	F	0.02%	0.05%	0.02%
CFG	B	0.04%	0.26%	0.04%
CMS	C	0.04%	0.31%	0.04%
CNP	B	0.04%	0.28%	0.04%
COIN	C	0.1%	0.12%	0.1%
COR	B	0.08%	0.3%	0.08%
COST	B	0.82%	1.07%	0.82%
CPB	D	0.02%	0.18%	0.02%
CRM	B	0.63%	0.63%	0.63%
CRWD	B	0.15%	0.17%	0.15%
CSCO	B	0.43%	0.79%	0.43%
CTAS	B	0.15%	0.42%	0.15%
CVX	A	0.54%	0.84%	0.54%
DAL	C	0.02%	0.39%	0.02%
DASH	A	0.12%	0.13%	0.12%
DDOG	A	0.07%	0.13%	0.07%
DE	A	0.19%	0.44%	0.19%
DELL	C	0.08%	0.14%	0.08%
DIS	B	0.36%	0.57%	0.36%
DKNG	B	0.03%	0.07%	0.03%
DOV	A	0.06%	0.33%	0.06%
DRI	B	0.05%	0.3%	0.05%
DTE	C	0.04%	0.31%	0.04%
DVN	F	0.05%	0.17%	0.05%
ENPH	F	0.02%	0.03%	0.02%
EQR	B	0.05%	0.32%	0.05%
ESS	B	0.04%	0.19%	0.04%
ETR	B	0.06%	0.4%	0.06%
EXPD	D	0.03%	0.23%	0.03%
EXR	D	0.06%	0.32%	0.06%
FANG	D	0.06%	0.24%	0.06%
FCNCA	A	0.05%	0.13%	0.05%
FE	C	0.04%	0.24%	0.04%
GLW	B	0.07%	0.25%	0.07%
GOOG	C	1.71%	1.9%	1.71%
GOOGL	C	2.05%	2.28%	2.05%
HAL	C	0.05%	0.16%	0.05%
HBAN	A	0.05%	0.31%	0.05%
HD	A	0.8%	1.15%	0.8%
HEI	B	0.04%	0.22%	0.04%
HEI	B	0.04%	0.14%	0.04%
HEI	B	0.02%	0.22%	0.02%
HEI	B	0.02%	0.14%	0.02%
HIG	B	0.07%	0.33%	0.07%
HUBB	B	0.05%	0.13%	0.05%
HUBS	A	0.07%	0.14%	0.07%
HWM	A	0.09%	0.36%	0.09%
IBKR	A	0.03%	0.11%	0.03%
IBM	C	0.39%	0.56%	0.39%
IFF	D	0.04%	0.16%	0.04%
ILMN	D	0.04%	0.05%	0.04%
ISRG	A	0.36%	0.58%	0.36%
JBHT	C	0.02%	0.24%	0.02%
JNJ	D	0.73%	1.04%	0.73%
JPM	A	1.35%	1.73%	1.35%
K	A	0.04%	0.34%	0.04%
KKR	A	0.2%	0.46%	0.2%
KLAC	D	0.17%	0.34%	0.17%
KMB	D	0.08%	0.33%	0.08%
KO	D	0.48%	0.77%	0.48%
L	A	0.03%	0.24%	0.03%
LH	C	0.05%	0.31%	0.05%
LII	A	0.04%	0.25%	0.04%
LIN	D	0.43%	0.67%	0.43%
LLY	F	1.36%	1.39%	1.36%
LMT	D	0.26%	0.58%	0.26%
LNG	B	0.09%	0.22%	0.09%
LNT	A	0.03%	0.33%	0.03%
LOW	D	0.3%	0.57%	0.3%
LPLA	A	0.04%	0.05%	0.04%
LRCX	F	0.19%	0.29%	0.19%
LULU	C	0.08%	0.21%	0.08%
LYB	F	0.04%	0.22%	0.04%
MA	C	0.84%	1.14%	0.84%
MAA	B	0.05%	0.27%	0.05%
MDT	D	0.23%	0.51%	0.23%
META	D	2.5%	2.66%	2.5%
MGM	D	0.02%	0.13%	0.02%
MKL	A	0.05%	0.23%	0.05%
MMM	D	0.14%	0.44%	0.14%
MOH	F	0.03%	0.14%	0.03%
MRK	F	0.49%	0.69%	0.49%
MRNA	F	0.03%	0.01%	0.01%
MRO	B	0.03%	0.24%	0.03%
MRVL	B	0.15%	0.25%	0.15%
MS	A	0.32%	0.39%	0.32%
MSFT	F	6.23%	6.55%	6.23%
MSTR	C	0.1%	0.2%	0.1%
MU	D	0.21%	0.31%	0.21%
NDAQ	A	0.07%	0.24%	0.07%
NEM	D	0.09%	0.23%	0.09%
NET	B	0.05%	0.07%	0.05%
NFLX	A	0.7%	0.8%	0.7%
NOW	A	0.42%	0.61%	0.42%
NVDA	C	6.82%	7.12%	6.82%
OKTA	C	0.02%	0.04%	0.02%
ON	D	0.06%	0.14%	0.06%
ORCL	B	0.59%	0.73%	0.59%
OTIS	C	0.08%	0.33%	0.08%
OWL	A	0.02%	0.05%	0.02%
PANW	C	0.26%	0.3%	0.26%
PEP	F	0.44%	0.72%	0.44%
PFG	D	0.04%	0.2%	0.04%
PG	A	0.77%	1.09%	0.77%
PHM	D	0.05%	0.3%	0.05%
PINS	D	0.03%	0.03%	0.03%
PLTR	B	0.24%	0.36%	0.24%
PPG	F	0.05%	0.18%	0.05%
PPL	B	0.05%	0.34%	0.05%
PRU	A	0.08%	0.37%	0.08%
PYPL	B	0.18%	0.28%	0.18%
QCOM	F	0.35%	0.33%	0.33%
RBLX	C	0.05%	0.12%	0.05%
REGN	F	0.17%	0.21%	0.17%
RKT	F	0.0%	0.03%	0.0%
RMD	C	0.07%	0.24%	0.07%
ROST	C	0.09%	0.32%	0.09%
RPRX	D	0.02%	0.04%	0.02%
RSG	A	0.09%	0.34%	0.09%
SCHW	B	0.22%	0.35%	0.22%
SIRI	C	0.01%	0.03%	0.01%
SNAP	C	0.02%	0.05%	0.02%
SNOW	C	0.07%	0.06%	0.06%
SPOT	B	0.11%	0.19%	0.11%
SQ	B	0.09%	0.12%	0.09%
SSNC	B	0.03%	0.21%	0.03%
STLD	B	0.04%	0.11%	0.04%
SUI	D	0.02%	0.1%	0.02%
SYF	B	0.05%	0.27%	0.05%
T	A	0.31%	0.68%	0.31%
TEAM	A	0.07%	0.06%	0.06%
TMO	F	0.41%	0.59%	0.41%
TMUS	B	0.23%	0.51%	0.23%
TRGP	B	0.09%	0.46%	0.09%
TRU	D	0.04%	0.09%	0.04%
TRV	B	0.12%	0.39%	0.12%
TSLA	B	1.82%	1.91%	1.82%
TTD	B	0.11%	0.18%	0.11%
TW	A	0.04%	0.11%	0.04%
TXN	C	0.37%	0.59%	0.37%
UBER	D	0.29%	0.29%	0.29%
ULTA	F	0.04%	0.23%	0.04%
UNH	C	1.1%	1.37%	1.1%
UNP	C	0.28%	0.52%	0.28%
URI	B	0.12%	0.24%	0.12%
V	A	1.01%	1.28%	1.01%
VRT	B	0.08%	0.1%	0.08%
VRTX	F	0.24%	0.36%	0.24%
WBD	C	0.04%	0.18%	0.04%
WDAY	B	0.12%	0.13%	0.12%
WFC	A	0.5%	0.67%	0.5%
WLK	D	0.01%	0.04%	0.01%
WM	A	0.18%	0.44%	0.18%
WMG	C	0.01%	0.02%	0.01%
WMT	A	0.74%	0.96%	0.74%
WRB	A	0.03%	0.21%	0.03%
XOM	B	1.07%	1.4%	1.07%
YUM	B	0.07%	0.33%	0.07%
ZBH	C	0.04%	0.14%	0.04%
ZM	B	0.04%	0.18%	0.04%
ZS	C	0.03%	0.08%	0.03%

STRV Overweight 297 Positions Relative to PHEQ

Symbol	Grade	Weight
ACN	C	0.45%
MCD	D	0.42%
GE	D	0.39%
PM	B	0.39%
INTU	C	0.38%
GS	A	0.38%
CMCSA	B	0.34%
SPGI	C	0.32%
DHR	F	0.32%
RTX	C	0.32%
NEE	D	0.31%
VZ	C	0.31%
PFE	D	0.3%
PGR	A	0.3%
ETN	A	0.29%
HON	B	0.29%
AMAT	F	0.29%
BLK	C	0.28%
TJX	A	0.27%
SYK	C	0.26%
ADP	B	0.25%
C	A	0.25%
BX	A	0.25%
COP	C	0.25%
BSX	B	0.25%
FI	A	0.24%
SBUX	A	0.22%
MMC	B	0.22%
CB	C	0.22%
GILD	C	0.22%
INTC	D	0.21%
PLD	D	0.21%
ADI	D	0.21%
SO	D	0.19%
AMT	D	0.19%
CI	F	0.19%
UPS	C	0.19%
PH	A	0.19%
ANET	C	0.19%
MO	A	0.19%
GEV	B	0.18%
SHW	A	0.18%
NKE	D	0.18%
ELV	F	0.18%
TT	A	0.18%
APH	A	0.17%
AON	A	0.17%
MSI	B	0.17%
PNC	B	0.17%
ICE	C	0.17%
MDLZ	F	0.17%
EQIX	A	0.16%
CMG	B	0.16%
WELL	A	0.16%
SNPS	B	0.16%
CDNS	B	0.16%
DUK	C	0.16%
GD	F	0.15%
ZTS	D	0.15%
CL	D	0.15%
MCK	B	0.15%
ORLY	B	0.15%
EOG	A	0.15%
ITW	B	0.15%
CME	A	0.15%
USB	A	0.15%
TDG	D	0.14%
ADSK	A	0.14%
CEG	D	0.14%
TGT	F	0.14%
NOC	D	0.14%
CSX	B	0.14%
MCO	B	0.14%
EMR	A	0.14%
HLT	A	0.13%
GM	B	0.13%
MAR	B	0.13%
BDX	F	0.13%
APD	A	0.13%
COF	B	0.13%
WMB	A	0.13%
HCA	F	0.13%
CVS	D	0.13%
AMP	A	0.12%
NXPI	D	0.12%
FTNT	C	0.12%
ECL	D	0.12%
FCX	D	0.12%
DLR	B	0.12%
SLB	C	0.12%
OKE	A	0.12%
TFC	A	0.12%
ROP	B	0.12%
AFL	B	0.12%
FDX	B	0.12%
NSC	B	0.12%
CARR	D	0.12%
AJG	B	0.12%
AZO	C	0.11%
SPG	B	0.11%
AEP	D	0.11%
APP	B	0.11%
PSX	C	0.11%
SRE	A	0.11%
MPC	D	0.11%
RCL	A	0.11%
BK	A	0.11%
PCAR	B	0.11%
JCI	C	0.11%
VST	B	0.1%
ODFL	B	0.1%
O	D	0.1%
MET	A	0.1%
CPRT	A	0.1%
ALL	A	0.1%
PSA	D	0.1%
CMI	A	0.1%
FIS	C	0.1%
KMI	A	0.1%
FICO	B	0.1%
AIG	B	0.1%
F	C	0.09%
EA	A	0.09%
PCG	A	0.09%
CCI	D	0.09%
PAYX	C	0.09%
VLO	C	0.09%
MSCI	C	0.09%
LHX	C	0.09%
DHI	D	0.09%
PWR	A	0.09%
AXON	A	0.09%
D	C	0.09%
FAST	B	0.09%
GWW	B	0.09%
HUM	C	0.08%
A	D	0.08%
LEN	D	0.08%
EW	C	0.08%
GEHC	F	0.08%
HES	B	0.08%
CBRE	B	0.08%
CTSH	B	0.08%
KR	B	0.08%
CTVA	C	0.08%
KVUE	A	0.08%
NUE	C	0.08%
VRSK	A	0.08%
DFS	B	0.08%
VMC	B	0.08%
MNST	C	0.08%
PEG	A	0.08%
IT	C	0.08%
IR	B	0.08%
BKR	B	0.08%
MTB	A	0.07%
DXCM	D	0.07%
WAB	B	0.07%
XYL	D	0.07%
IDXX	F	0.07%
MLM	B	0.07%
HPQ	B	0.07%
ACGL	D	0.07%
ROK	B	0.07%
MCHP	D	0.07%
IQV	D	0.07%
KDP	D	0.07%
SYY	B	0.07%
GIS	D	0.07%
STZ	D	0.07%
EXC	C	0.07%
XEL	A	0.07%
CHTR	C	0.07%
RJF	A	0.06%
NVR	D	0.06%
TYL	B	0.06%
TTWO	A	0.06%
TSCO	D	0.06%
MPWR	F	0.06%
EIX	B	0.06%
WEC	A	0.06%
ANSS	B	0.06%
DD	D	0.06%
DECK	A	0.06%
EBAY	D	0.06%
CSGP	D	0.06%
CNC	D	0.06%
DOW	F	0.06%
OXY	D	0.06%
BR	A	0.06%
ED	D	0.06%
EFX	F	0.06%
VICI	C	0.06%
GRMN	B	0.06%
FITB	A	0.06%
WTW	B	0.06%
IRM	D	0.06%
BIIB	F	0.05%
SBAC	D	0.05%
CHD	B	0.05%
AWK	D	0.05%
TROW	B	0.05%
EXPE	B	0.05%
MDB	C	0.05%
WST	C	0.05%
CCL	B	0.05%
RF	A	0.05%
KHC	F	0.05%
CDW	F	0.05%
TDY	B	0.05%
CPAY	A	0.05%
FTV	C	0.05%
MTD	D	0.05%
VTR	C	0.05%
KEYS	A	0.05%
SW	A	0.05%
PTC	A	0.05%
LDOS	C	0.05%
GDDY	A	0.05%
HSY	F	0.05%
STT	A	0.05%
CVNA	B	0.05%
STLA	F	0.05%
GPN	B	0.05%
EQT	B	0.05%
ADM	D	0.05%
CAH	B	0.05%
HPE	B	0.05%
CTRA	B	0.04%
STX	D	0.04%
OMC	C	0.04%
BALL	D	0.04%
INVH	D	0.04%
LYV	A	0.04%
RVTY	F	0.04%
WDC	D	0.04%
DPZ	C	0.04%
FDS	B	0.04%
CLX	B	0.04%
NTRS	A	0.04%
ES	D	0.04%
CBOE	B	0.04%
ZBRA	B	0.04%
ATO	A	0.04%
FSLR	F	0.04%
STE	F	0.04%
WAT	B	0.04%
WY	D	0.04%
VLTO	D	0.04%
CINF	A	0.04%
NTAP	C	0.04%
SWK	D	0.03%
SWKS	F	0.03%
VRSN	F	0.03%
EVRG	A	0.03%
GRAB	B	0.03%
IEX	B	0.03%
INCY	C	0.03%
DGX	A	0.03%
UDR	B	0.03%
ROL	B	0.03%
PODD	C	0.03%
CF	B	0.03%
ENTG	D	0.03%
DG	F	0.03%
TER	D	0.03%
BAX	D	0.03%
TRMB	B	0.03%
MAS	D	0.03%
BBY	D	0.03%
J	F	0.03%
ICLR	D	0.03%
HOLX	D	0.03%
GPC	D	0.03%
MKC	D	0.03%
TSN	B	0.03%
LVS	C	0.03%
WSO	A	0.03%
ERIE	D	0.02%
HRL	D	0.02%
AES	F	0.02%
SJM	D	0.02%
RIVN	F	0.02%
FOXA	B	0.02%
IOT	A	0.02%
EPAM	C	0.02%
WPC	D	0.02%
SMCI	F	0.02%
BMRN	D	0.02%
DLTR	F	0.02%
EL	F	0.02%
GFS	C	0.01%
FOX	A	0.01%
LUV	C	0.01%
UAL	A	0.01%
CRBG	B	0.01%
LEN	D	0.0%

STRV Underweight 10 Positions Relative to PHEQ

Symbol	Grade	Weight
DOC	D	-0.29%
MELI	D	-0.25%
CSL	C	-0.18%
NDSN	B	-0.14%
VEEV	C	-0.1%
DOX	D	-0.09%
SCCO	F	-0.07%
YUMC	C	-0.07%
CPNG	D	-0.03%
WSM	B	-0.02%