PHEQParametric Hedged Equity ETF

Get income2y track recordRanked #688 of 1,622 in this goal

Seeks capital appreciation while limiting losses through an option overlay hedge strategy.

By Eaton Vance ETFs · Launched 2023

Annual Cost

0.29%

#1,391 of 5,562 · low cost

Fund Size

$138M

#2,633 of 5,562 · mid-size

Dividend YieldGoal

1.03%

Track Record

2 years

#3,233 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,577+15.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Long short

What it actually holds

By weight

Concentration

Top 10 holdings = 41.0% of fundmoderately concentrated

NVIDIA Corp.

7.7%

Apple, Inc.

7.3%

Microsoft Corp.

6.6%

Amazon.com, Inc.

4.0%

Alphabet, Inc.

3.3%

Alphabet, Inc.

2.9%

Broadcom, Inc.

2.7%

Meta Platforms, Inc.

2.3%

Morgan Stanley & Co. LLC

2.1%

Tesla, Inc.

2.1%

Asset allocation

Stocks

98.2%

Cash

1.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

6.2%Low

Year-on-year price swings

Max drawdown

-12.5%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks capital appreciation while limiting losses through an option overlay hedge strategy.
Strategy: Invests primarily in equity securities of U.S. large-cap companies from the Solactive GBS US 500 Index. The Fund aims for capital appreciation while incorporating hedging strategies to mitigate losses.
Inception date: October 16, 2023
Fund family: Eaton Vance ETFs