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PHEQ vs MSTQ

Parametric Hedged Equity ETF vs LHA Market State Tactical Q ETF

PHEQ

Parametric Hedged Equity ETF

Annual cost

0.29%

Fund size

$138M

MSTQ

LHA Market State Tactical Q ETF

Annual cost

1.55%

Fund size

$39M

Key differences

Both PHEQ and MSTQ are alternative ETFs. PHEQ charges 0.29% a year and MSTQ 1.55%. The main difference: PHEQ follows a long short strategy; MSTQ uses option income.

  • PHEQ follows a long short strategy; MSTQ uses option income.
  • PHEQ costs 1.26% less per year.
  • PHEQ is much larger than MSTQ. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

PHEQMSTQ
Annual cost (TER)0.29%1.55%
Fund size (AUM)$138M$39M
Since20232022
Dividend yield1.03%0.65%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortoption income
CAGR 1Y+14.8%+27.0%
CAGR 3YN/A+23.5%
CAGR 5YN/AN/A
Sharpe 3YN/A1.14
Volatility 1Y6.18%15.40%
Max drawdown-12.55%-31.05%

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

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