Parametric Hedged Equity ETF (PHEQ)
| Assets | $32.76M |
| Expense Ratio | 0.29% |
| PE Ratio | 23.95 |
| Shares Out | 1.20M |
| Dividend (ttm) | $0.50 |
| Dividend Yield | 1.83% |
| Ex-Dividend Date | Mar 18, 2024 |
| Payout Ratio | 43.78% |
| 1-Year Return | n/a |
| Volume | 1,602 |
| Open | 27.31 |
| Previous Close | 27.24 |
| Day's Range | 27.23 - 27.31 |
| 52-Week Low | 24.07 |
| 52-Week High | 28.76 |
| Beta | 0.30 |
| Holdings | 235 |
| Inception Date | Oct 16, 2023 |
About PHEQ
Fund Home PageThe Parametric Hedged Equity ETF (PHEQ) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in individual US large-cap stocks while utilizing a laddered options strategy to mitigate losses. The option strategy caps the potential upside participation. PHEQ was launched on Oct 16, 2023 and is issued by Parametric.
Top 10 Holdings
35.08% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 7.31% |
| Apple Inc | AAPL | 6.69% |
| NVIDIA Corporation | NVDA | 5.21% |
| Amazon.com, Inc. | AMZN | 4.17% |
| Alphabet Inc. | GOOGL | 2.48% |
| Meta Platforms, Inc. | META | 2.46% |
| Alphabet Inc. | GOOG | 2.13% |
| Eli Lilly and Company | LLY | 1.62% |
| JPMorgan Chase & Co. | JPM | 1.54% |
| Berkshire Hathaway Inc. | BRK.B | 1.47% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 18, 2024 | $0.04919 | Mar 22, 2024 |
| Dec 18, 2023 | $0.44927 | Dec 22, 2023 |
News
As Fed Uncertainty Brews, Look to Hedged Equity ETF PHEQ
The Fed's back and forth on cuts has been “the” story dominating markets so far this year. Over the last few weeks, however, the “multiple cut” narrative has lost steam.
Invest in Equities While Mitigating Volatility With PHEQ
Volatility continues to create churn in April markets as interest rate uncertainty rises. For investors looking to capture equity exposure with an eye to volatility, the Parametric Hedged Equity ETF (...
In Uncertain Markets, Consider Hedged Equity
While many traders anticipate rate cuts from the Federal Reserve to begin in June, some rising concerns could push back the Fed's timetable. Core inflation numbers are not dropping as much as previous...