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PAPI vs PHEQ

Parametric Equity Premium Income ETF vs Parametric Hedged Equity ETF

PAPI

Parametric Equity Premium Income ETF

Annual cost

0.29%

Fund size

$385M

PHEQ

Parametric Hedged Equity ETF

Annual cost

0.29%

Fund size

$138M

Key differences

Both PAPI and PHEQ are alternative ETFs. PAPI charges 0.29% a year and PHEQ 0.29%. The main difference: PAPI follows a option income strategy; PHEQ uses long short.

  • PAPI follows a option income strategy; PHEQ uses long short.

Side-by-side comparison

PAPIPHEQ
Annual cost (TER)0.29%0.29%
Fund size (AUM)$385M$138M
Since20232023
Dividend yield7.63%1.03%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomelong short
CAGR 1Y+12.6%+14.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y10.43%6.16%
Max drawdown-14.27%-12.55%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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