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PHEQ vs PAPI

Parametric Hedged Equity ETF vs Parametric Equity Premium Income ETF

PHEQ

Parametric Hedged Equity ETF

Annual cost

0.29%

Fund size

$138M

PAPI

Parametric Equity Premium Income ETF

Annual cost

0.29%

Fund size

$385M

Key differences

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

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

Side-by-side comparison

PHEQPAPI
Annual cost (TER)0.29%0.29%
Fund size (AUM)$138M$385M
Since20232023
Dividend yield1.03%7.63%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortoption income
CAGR 1Y+14.3%+12.6%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y6.16%10.43%
Max drawdown-12.55%-14.27%

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

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