Screener
PHEQ vs THEQ
Parametric Hedged Equity ETF vs T. Rowe Price Hedged Equity ETF
Key differences
Both PHEQ and THEQ are alternative ETFs. PHEQ charges 0.29% a year and THEQ 0.46%. The main difference: PHEQ follows a option income strategy; THEQ uses tactical allocation.
- PHEQ follows a option income strategy; THEQ uses tactical allocation.
- PHEQ costs 0.17% less per year.
- PHEQ is much larger than THEQ. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| PHEQ | THEQ | |
|---|---|---|
| Annual cost (TER) | 0.29% | 0.46% |
| Fund size (AUM) | $138M | $35M |
| Since | 2023 | 2025 |
| Dividend yield | 1.03% | 0.48% |
| Asset class | alternative | alternative |
| Region | north america | north america |
| Strategy | option income | tactical allocation |
| CAGR 1Y | +15.5% | +15.9% |
| CAGR 3Y | N/A | N/A |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | N/A | N/A |
| Volatility 1Y | 6.19% | 8.87% |
| Max drawdown | -12.55% | -8.08% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.