Screener
PHEQ vs FHEQ
Parametric Hedged Equity ETF vs Fidelity Hedged Equity ETF
Key differences
Both PHEQ and FHEQ are alternative ETFs. PHEQ charges 0.29% a year and FHEQ 0.48%. The main difference: PHEQ follows a option income strategy; FHEQ uses tactical allocation.
- PHEQ follows a option income strategy; FHEQ uses tactical allocation.
- 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
| PHEQ | FHEQ | |
|---|---|---|
| Annual cost (TER) | 0.29% | 0.48% |
| Fund size (AUM) | $138M | $884M |
| Since | 2023 | 2024 |
| Dividend yield | 1.03% | 0.58% |
| Asset class | alternative | alternative |
| Region | north america | — |
| Strategy | option income | tactical allocation |
| CAGR 1Y | +15.5% | +18.4% |
| CAGR 3Y | N/A | N/A |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | N/A | N/A |
| Volatility 1Y | 6.19% | 9.65% |
| Max drawdown | -12.55% | -11.12% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.