Summary
PHEQ
Prices · period metrics · 12M
NAV as of 20/07/2026
02/04/2025 → 02/04/2026
Return 12.12% 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: 20/07/2026

Current price: $34.43

Expense ratio: 0.29%

Assets under management
$140.0M
-0.48% 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

0.26%

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

2.82%

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

6.42%

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

12.12%

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

26.09%

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

45.91%

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: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.047%

Best day

1.451%

31/03/2026
Worst day

-1.301%

10/10/2025
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $34.60 $34.60 $34.40 $34.43 13,400
17/07/2026 $34.07 $34.52 $34.07 $34.48 17,400
16/07/2026 $34.56 $34.68 $34.53 $34.58 29,600
15/07/2026 $34.59 $34.71 $34.59 $34.66 16,600
14/07/2026 $34.62 $34.65 $34.56 $34.63 9,700
13/07/2026 $34.63 $34.63 $34.53 $34.59 13,700
10/07/2026 $34.61 $34.69 $34.58 $34.60 55,000
09/07/2026 $34.48 $34.62 $34.48 $34.59 1,600
08/07/2026 $34.40 $34.49 $34.33 $34.44 15,600
07/07/2026 $34.57 $34.62 $34.44 $34.53 4,000