Screener
FHEQ vs PHEQ
Fidelity Hedged Equity ETF vs Parametric Hedged Equity ETF
Key differences
Both FHEQ and PHEQ are alternative ETFs. FHEQ charges 0.48% a year and PHEQ 0.29%. The main difference: PHEQ costs 0.19% less per year.
- PHEQ costs 0.19% less per year.
- FHEQ is much larger than PHEQ. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| FHEQ | PHEQ | |
|---|---|---|
| Annual cost (TER) | 0.48% | 0.29% |
| Fund size (AUM) | $884M | $138M |
| Since | 2024 | 2023 |
| Dividend yield | 0.58% | 1.03% |
| Asset class | alternative | alternative |
| Region | — | north america |
| Strategy | long short | long short |
| CAGR 1Y | +17.6% | +14.8% |
| CAGR 3Y | N/A | N/A |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | N/A | N/A |
| Volatility 1Y | 9.79% | 6.18% |
| Max drawdown | -11.12% | -12.55% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.