Summary
PHEQ
Prices · period metrics · 12M
NAV as of 03/06/2026
02/04/2025 → 02/04/2026
Return 15.96% Volatility 10.63% Sharpe 0.85
Official loaded data — not a live quote.

PARAMETRIC HEDGED EQUITY ETF

Symbol: PHEQ

Exchange: NYSE

Sector: Technology

Category: Equity Hedged

Inception date: 16/10/2023

Latest date: 03/06/2026

Current price: $34.38

Expense ratio: 0.29%

Assets under management
$133.3M
0.13% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

1.64%

Ann. -11.62% (Sharpe / Sortino numerator)

Volatility

9.76%

Sharpe ratio

-1.561

VaR 95%

-0.86%

CVaR 95%: -0.86%
Max drawdown: -3.29%
Sortino ratio: -3.779
Calmar ratio: -3.53

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

6.13%

Ann. -5.89% (Sharpe / Sortino numerator)

Volatility

7.52%

Sharpe ratio

-1.266

VaR 95%

-0.86%

CVaR 95%: -0.92%
Max drawdown: -4.35%
Sortino ratio: -2.057
Calmar ratio: -1.36

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

6.13%

Ann. 1.80% (Sharpe / Sortino numerator)

Volatility

6.89%

Sharpe ratio

-0.266

VaR 95%

-0.83%

CVaR 95%: -0.96%
Max drawdown: -4.35%
Sortino ratio: -0.399
Calmar ratio: 0.41

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

15.96%

Ann. 12.68% (Sharpe / Sortino numerator)

Volatility

10.63%

Sharpe ratio

0.851

VaR 95%

-0.83%

CVaR 95%: -1.51%
Max drawdown: -4.39%
Sortino ratio: 1.001
Calmar ratio: 2.89

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

28.38%

Ann. 10.65% (Sharpe / Sortino numerator)

Volatility

9.30%

Sharpe ratio

0.755

VaR 95%

-0.86%

CVaR 95%: -1.40%
Max drawdown: -12.55%
Sortino ratio: 0.869
Calmar ratio: 0.85

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

45.37%

Ann. 15.29% (Sharpe / Sortino numerator)

Volatility

8.80%

Sharpe ratio

1.330

VaR 95%

-0.83%

CVaR 95%: -1.31%
Max drawdown: -12.55%
Sortino ratio: 1.556
Calmar ratio: 1.22

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 03/06/2025 - 03/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.06%

Best day

1.451%

31/03/2026
Worst day

-1.301%

10/10/2025
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
03/06/2026 $34.34 $34.43 $34.33 $34.38 8,200
02/06/2026 $34.45 $34.46 $34.39 $34.45 1,600
01/06/2026 $34.38 $34.45 $34.34 $34.43 32,500
29/05/2026 $34.14 $34.49 $34.14 $34.44 46,300
28/05/2026 $34.40 $34.46 $34.29 $34.41 6,100
27/05/2026 $34.34 $34.37 $34.27 $34.34 14,600
26/05/2026 $34.32 $34.41 $34.30 $34.38 15,200
22/05/2026 $34.34 $34.39 $34.29 $34.35 8,900
21/05/2026 $34.29 $34.29 $34.09 $34.27 4,400
20/05/2026 $34.24 $34.24 $34.06 $34.17 6,400