PHEQ - ETF AI Analysis
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Parametric Hedged Equity ETF (PHEQ)
PHEQ’s rating reflects a portfolio anchored by high-quality tech leaders like Apple, Microsoft, and Alphabet, whose strong financial performance, profitability, and growth in cloud, AI, and services provide a solid foundation for the fund. However, several major holdings, including Nvidia, Amazon, Meta, and Tesla, face risks from high valuations, mixed or bearish technical signals, and cash flow or regulatory concerns, and the fund’s heavy tilt toward large U.S. technology and AI-related names means it is exposed to sector-specific volatility.
PHEQ vs. SPDR S&P 500 ETF (SPY)
- AUM
- 152.11M
- Region
- North America
- Expense Ratio
- 0.29%
- Beta
- 0.54
- Issuer
- Parametric
- Inception Date
- Oct 16, 2023
- Dividend Yield
- 0.82%
- Asset Class
- Equity
- Index Tracked
- No Underlying Index
PHEQ Summary
Parametric Hedged Equity ETF (PHEQ) is a U.S. stock fund that focuses on large, well-established companies and uses a built-in hedge to help reduce big market drops. It doesn’t track a specific index, but instead follows a strategy that mixes broad large-cap exposure with risk management. The fund is heavily invested in technology and other major sectors, and includes household names like Apple, Microsoft, Amazon, and Nvidia. Investors might consider PHEQ for growth potential from leading companies while aiming for a smoother ride. A key risk is that it still owns stocks, so its value can go up and down with the overall market.
How much will it cost me?
This ETF has an expense ratio of 0.29%, which means you’ll pay about $2.90 per year for every $1,000 invested. That’s a bit higher than the average low-cost index ETF because this fund is actively managed and uses a hedging strategy to help manage risk.
What would affect this ETF?
This U.S. large-cap ETF is heavily tilted toward big technology and communication companies like Apple, Nvidia, Microsoft, and Alphabet, so continued innovation, strong earnings, and a healthy U.S. economy could support future gains, while its hedged strategy may help soften market downturns. On the downside, higher interest rates, weaker growth in major tech names, tighter financial regulation, or a broad U.S. stock market slump could limit returns even with the hedge in place.
PHEQ Top 10 Holdings
PHEQ is leaning heavily on Big Tech, with Nvidia, Apple, and Microsoft acting as the main engines of performance. Apple and Microsoft have been steadily rising, while Nvidia’s recent wobble shows that even AI darlings can hit speed bumps. Amazon is contributing modest upside, but the twin Alphabet share classes are clearly lagging and weighing on returns. Meta and Tesla are more like wild cards, with mixed results that add volatility rather than clear direction. Overall, this is a U.S.-centric, large-cap tech story with a hedged twist.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 NVDA | Nvidia | 7.82% | $11.90M | $4.93T | 0.86% | 76Outperform |
 AAPL | Apple | 7.81% | $11.88M | $5.03T | 26.98% | 79Outperform |
 MSFT | Microsoft | 6.08% | $9.24M | $3.88T | -0.73% | 79Outperform |
 AMZN | Amazon | 3.79% | $5.76M | $2.59T | 7.85% | 71Outperform |
 GOOGL | Alphabet Class A | 2.62% | $3.99M | $3.41T | -0.58% | 85Outperform |
 AVGO | Broadcom | 2.58% | $3.93M | $1.56T | -13.38% | 76Outperform |
 GOOG | Alphabet Class C | 2.22% | $3.37M | $3.41T | -1.31% | 82Outperform |
 META | Meta Platforms | 2.05% | $3.12M | $1.57T | -7.72% | 76Outperform |
 TSLA | Tesla | 1.97% | $3.00M | $1.58T | -9.15% | 73Outperform |
 LLY | Eli Lilly & Co | 2.04% | $3.11M | $1.33T | 67.86% | 72Outperform |
PHEQ Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PHEQ, the sentiment is Negative. The current price of 35.26 is below the 20-day moving average (MA) of 35.68, below the 50-day MA of 35.42, and above the 200-day MA of 33.96, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 40.63 is Neutral, neither overbought nor oversold. The STOCH value of 53.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PHEQ.
PHEQ Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| PHEQ | $35.26 | $40.00(13.45% Upside) | $152.11M | 0.29% | 75Outperform |
 INFO | $27.73 | $34.10(22.96% Upside) | $961.91M | 0.35% | 74Outperform |
 AFLG | $44.27 | $53.00(19.72% Upside) | $933.48M | 0.55% | 74Outperform |
 ROCY | $54.69 | $67.21(22.89% Upside) | $890.97M | 0.35% | 73Outperform |
 NBCR | $33.81 | $42.07(24.42% Upside) | $849.51M | 0.29% | 73Outperform |
 ROCQ | $52.46 | $69.43(32.34% Upside) | $797.51M | 0.35% | 73Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| PHEQ | Parametric Hedged Equity ETF | 35.26 | 3.10 | 9.65% | |
| INFO | Harbor PanAgora Dynamic Large Cap Core ETF | 27.73 | 3.30 | 13.53% | |
| AFLG | First Trust Active Factor Large Cap ETF | 44.27 | 5.48 | 14.14% | |
| ROCY | JPMorgan Equity Premium Yield ETF | 54.69 | 6.65 | 13.83% | |
| NBCR | Neuberger Berman Core Equity ETF | 33.81 | 2.38 | 7.57% | |
| ROCQ | JPMorgan Nasdaq Equity Premium Yield ETF | 52.46 | 5.44 | 11.57% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.