PHEQParametric Hedged Equity ETF
Seeks capital appreciation while limiting losses through an option overlay hedge strategy.
By Eaton Vance ETFs · Launched 2023
Annual Cost
0.29%
#1,303 of 5,861 · low cost
Fund Size
$140M
#2,680 of 5,861 · mid-size
Dividend YieldGoal
0.94%
Track Record
2 years
#3,153 of 5,861 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,209+12.1%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 36.4% of fund✓ well diversified
NVIDIA Corp.
7.2%
Apple, Inc.
6.6%
Microsoft Corp.
4.7%
Amazon.com, Inc.
3.6%
Alphabet, Inc.
3.0%
Alphabet, Inc.
2.7%
Broadcom, Inc.
2.6%
Meta Platforms, Inc.
2.2%
Tesla, Inc.
1.9%
Exxon Mobil Corp.
1.8%
Asset allocation
Stocks
98.3%
Cash
1.7%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (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
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 capitalization companies while employing an option overlay hedging strategy to mitigate losses. The Fund aims to provide capital appreciation with reduced risk compared to direct investments in the Equity Portfolio Index.
- Inception date
- October 16, 2023
- Fund family
- Eaton Vance ETFs
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Data updated on 2026-08-04