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Parametric Hedged Equity ETF (PHEQ)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Inception Date

Oct 16, 2023

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Alternatives

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

PHEQ has an expense ratio of 0.29%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

Parametric Hedged Equity ETF (PHEQ) returned 0.66% year-to-date (YTD) and 9.32% over the past 12 months.


PHEQ

YTD

0.66%

1M

4.20%

6M

0.73%

1Y

9.32%

3Y*

N/A

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

Monthly Returns

The table below presents the monthly returns of PHEQ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20252.07%-0.59%-4.23%-0.62%4.23%0.66%
20241.65%1.44%0.93%-0.35%1.71%1.91%0.83%1.19%1.30%0.27%3.17%0.02%14.95%
2023-1.51%6.26%2.42%7.19%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of PHEQ is 71, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of PHEQ is 7171
Overall Rank
The Sharpe Ratio Rank of PHEQ is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of PHEQ is 6868
Sortino Ratio Rank
The Omega Ratio Rank of PHEQ is 7777
Omega Ratio Rank
The Calmar Ratio Rank of PHEQ is 7070
Calmar Ratio Rank
The Martin Ratio Rank of PHEQ is 6969
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Parametric Hedged Equity ETF (PHEQ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Parametric Hedged Equity ETF Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 0.80
  • All Time: 1.46

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Parametric Hedged Equity ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Parametric Hedged Equity ETF provided a 1.44% dividend yield over the last twelve months, with an annual payout of $0.43 per share.


1.40%1.45%1.50%1.55%1.60%1.65%1.70%1.75%$0.00$0.10$0.20$0.30$0.4020232024
Dividends
Dividend Yield
PeriodTTM20242023
Dividend$0.43$0.41$0.45

Dividend yield

1.44%1.40%1.72%

Monthly Dividends

The table displays the monthly dividend distributions for Parametric Hedged Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.06$0.00$0.00$0.06
2024$0.00$0.00$0.05$0.00$0.00$0.09$0.00$0.00$0.07$0.00$0.00$0.20$0.41
2023$0.45$0.45

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Parametric Hedged Equity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Parametric Hedged Equity ETF was 12.55%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current Parametric Hedged Equity ETF drawdown is 2.64%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.55%Feb 20, 202534Apr 8, 2025
-4.11%Jul 11, 202418Aug 5, 202410Aug 19, 202428
-2.6%Oct 20, 20236Oct 27, 20234Nov 2, 202310
-1.74%Apr 2, 202415Apr 22, 20249May 3, 202424
-1.71%Aug 30, 20245Sep 6, 20244Sep 12, 20249
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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