Parametric Hedged Equity ETF (PHEQ) Alternatives

Parametric Hedged Equity ETF (PHEQ) belongs to the Options Trading category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PHEQ. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to PHEQ

PHEQ charges 0.29% annually. Among ETFs in the Options Trading category, these options have the lowest expense ratios among PHEQ alternatives.

Symbol	Name	Expense Ratio	Inception
TLTW	iShares 20+ Year Treasury Bond BuyWrite Strategy E...	0.35%	Jun 18, 2022	PHEQ vs TLTW
ISWN	Amplify BlackSwan ISWN ETF	0.49%	Jan 25, 2021	PHEQ vs ISWN
IVVB	iShares Large Cap Deep Buffer ETF	0.50%	Jun 28, 2023	PHEQ vs IVVB
IVVM	iShares Large Cap Moderate Buffer ETF	0.50%	Jun 28, 2023	PHEQ vs IVVM
PBJA	PGIM US Large-Cap Buffer 20 ETF - January	0.50%	Dec 29, 2023	PHEQ vs PBJA

Best Risk-Adjusted Alternatives to PHEQ

Among ETFs in the Options Trading category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
AAPR	Innovator Equity Defined Protection ETF - 2 Yr To ...	91	Mar 28, 2024	PHEQ vs AAPR
EOCT	Innovator Emerging Markets Power Buffer ETF - Octo...	90	Sep 30, 2021	PHEQ vs EOCT
QFLR	Innovator Nasdaq-100 Managed Floor ETF	90	Jan 24, 2024	PHEQ vs QFLR
FLJJ	Allianzim U.S. Large Cap 6 Month Floor5 Jan/Jul ET...	90	Jan 31, 2024	PHEQ vs FLJJ
XAPR	FT Cboe Vest U.S. Equity Enhance & Moderate Buffer...	88	Apr 18, 2024	PHEQ vs XAPR

Top Performing PHEQ Alternatives (YTD)

PHEQ alternatives from the Options Trading category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
APRT	AllianzIM U.S. Large Cap Buffer10 Apr ETF	2.08%	May 28, 2020	PHEQ vs APRT
APRP	PGIM US Large-Cap Buffer 12 ETF - April	1.89%	Mar 28, 2024	PHEQ vs APRP
GMAR	FT Cboe Vest U.S. Equity Moderate Buffer ETF - Mar...	1.83%	Mar 16, 2023	PHEQ vs GMAR
DMAR	FT Cboe Vest U.S. Equity Deep Buffer ETF - March	1.79%	Mar 18, 2021	PHEQ vs DMAR
APRW	AllianzIM U.S. Large Cap Buffer20 Apr ETF	1.48%	May 28, 2020	PHEQ vs APRW

Lowest Volatility Alternatives to PHEQ

PHEQ alternatives from the Options Trading category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
APRD	Innovator Premium Income 10 Barrier ETF - April	0.00%	Mar 31, 2023	PHEQ vs APRD
APRQ	Innovator Premium Income 40 Barrier ETF - April	0.00%	Mar 31, 2023	PHEQ vs APRQ
JULQ	Innovator Premium Income 40 Barrier ETF - July	0.00%	Jun 30, 2023	PHEQ vs JULQ
HOCT	Innovator Premium Income 9 Buffer ETF - October	0.00%	Sep 29, 2023	PHEQ vs HOCT
OCTQ	Innovator Premium Income 40 Barrier ETF - October	0.00%	Sep 29, 2023	PHEQ vs OCTQ

Lowest Drawdown Alternatives to PHEQ

PHEQ alternatives from the Options Trading category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
AJAN	Innovator Equity Defined Protection ETF - 2 Yr To ...	-3.34%	Dec 29, 2023	PHEQ vs AJAN
CAOS	Alpha Architect Tail Risk ETF	-3.60%	Aug 14, 2013	PHEQ vs CAOS
JULJ	Innovator Premium Income 30 Barrier ETF - July	-3.62%	Jun 30, 2023	PHEQ vs JULJ
LAPR	Innovator Premium Income 15 Buffer ETF - April	-3.81%	Mar 28, 2024	PHEQ vs LAPR
FLJJ	Allianzim U.S. Large Cap 6 Month Floor5 Jan/Jul ET...	-3.86%	Jan 31, 2024	PHEQ vs FLJJ

Often Compared With PHEQ

What investors most often compare with PHEQ, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
HELO	JPMorgan Hedged Equity Laddered Overlay ETF	Options Trading	58	-3.69%	Sep 28, 2023	PHEQ vs HELO
BUFD	FT Vest Laddered Deep Buffer ETF	Defined Outcome	81	-0.85%	Jan 20, 2021	PHEQ vs BUFD
SEPZ	TrueShares Structured Outcome (September) ETF	Options Trading	52	-3.90%	Aug 31, 2020	PHEQ vs SEPZ
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	PHEQ vs SPY
QYLE.DE	Global X Nasdaq 100 Covered Call UCITS ETF D	Options Trading	15	-1.18%	Nov 22, 2022	PHEQ vs QYLE.DE
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	PHEQ vs VOO
BUFF	Innovator Laddered Allocation Power Buffer ETF	Defined Outcome	77	-0.90%	Oct 20, 2016	PHEQ vs BUFF
HEQT	Simplify Hedged Equity ETF	Options Trading	82	-1.40%	Nov 1, 2021	PHEQ vs HEQT
USMV	iShares MSCI USA Minimum Volatility Factor ETF	Large Cap Blend Equities	15	-1.10%	Oct 18, 2011	PHEQ vs USMV
INOV	Innovator International Developed Power Buffer ETF...	Options Trading	79	0.44%	Oct 31, 2023	PHEQ vs INOV
FEBT	Allianzim U.S. Large Cap Buffer10 Feb ETF	Options Trading	70	-1.69%	Feb 1, 2023	PHEQ vs FEBT
PBFB	PGIM US Large-Cap Buffer 20 ETF - February	Options Trading	74	-1.32%	Jan 31, 2024	PHEQ vs PBFB
NVDY	YieldMax NVDA Option Income Strategy ETF	Options Trading	87	-1.61%	May 10, 2023	PHEQ vs NVDY
APRH	Innovator Premium Income 20 Barrier ETF - April	Options Trading	53	0.87%	Mar 31, 2023	PHEQ vs APRH
ARLU	Allianzim U.S. Equity Buffer15 Uncapped Apr ETF	Options Trading	45	-5.35%	Mar 28, 2024	PHEQ vs ARLU
IOCT	Innovator International Developed Power Buffer ETF...	Options Trading	77	0.55%	Sep 30, 2021	PHEQ vs IOCT
MAYW	AllianzIM U.S. Large Cap Buffer20 May ETF	Options Trading	72	0.74%	Apr 28, 2023	PHEQ vs MAYW
XUSP	Innovator Uncapped Accelerated U.S. Equity ETF	Options Trading	53	-7.04%	Aug 10, 2022	PHEQ vs XUSP
AMZP	Kurv Yield Premium Strategy Amazon AMZN ETF	Options Trading	20	-13.27%	Oct 31, 2023	PHEQ vs AMZP
BUFZ	FT Cboe Vest Laddered Moderate Buffer ETF	Options Trading	75	-0.98%	Oct 25, 2023	PHEQ vs BUFZ

Compare PHEQ with Any Fund or Stock

Compare PHEQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Parametric Hedged Equity ETF

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