PHEQ — Parametric Hedged Equity ETF
Parametric Hedged Equity ETF (PHEQ)
PHEQ pays a 0.53% distribution rate, quarterly, on a 0.29% expense ratio. Its Distribution Safety Score™ is 73 (Generally safe), giving a Safety-Adjusted Yield of 0.39%. Distributions fell 82.9% over the past year. Total return is 49.0% over the past 2.8 years, 39.3 points behind SPY at 88.3%. Its deepest 1-year drawdown was 4.3%.
Parametric Hedged Equity ETF, issued by Morgan Stanley, seeks capital appreciation by investing in large-cap U.S. equities from the Solactive GBS U.S. 500 index. The fund has a modest current distribution rate and pays distributions quarterly, with an expense ratio of 0.29%. It may appeal to equity investors seeking a core large-cap holding with a modest income component.
PHEQ key facts
- Distribution Safety Score™
- 73 · Generally safe
- Safety-Adjusted Yield
- 0.39%
- Issuer
- Morgan Stanley
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 10/16/2023
- Expense ratio
- 0.29%
- Distribution rate
- 0.53%
- Distribution frequency
- Quarterly
- Trailing yield
- 0.92%
- Last close
- $35.17
- AUM
- $141,605,570
- Average volume
- 18400.0
- Last dividend
- $0.0470
- Ex-dividend date
- 06/22/2026
- Payment date
- 06/26/2026
- Beta
- 0.4593
- P/E ratio
- 25.8305
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