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[going home] is a exact match and with "going home" being a phrase match there will be overlap.
Ads for "going home" will be shown for an exact match ( [going home] ) as well as for search phrases such as;
I'm going home
going home to bed
Phrase matching will get more impressions but can get less qualified clickthroughs so will reduce ROI for the ads.
Exact match will get less impressions but clickthroughs are more targeted so are more likely to lead to a conversion.
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