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HGROvsPHEQETF Comparison
Hedgeye Quality Growth ETF (HGRO) belongs to the US Multi-Factor segment. Parametric Hedged Equity ETF (PHEQ) is part of the Options Strategies segment. HGRO's top 3 sector exposures are Information Technology, Consumer Discretionary and Financials. In contrast, PHEQ's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. HGRO is more expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.29% for PHEQ. HGRO is down -1.13% year-to-date (YTD) with +$11M in YTD flows. PHEQ performs better with -0.52% YTD performance, and -$11M in YTD flows. Run a side-by-side ETF comparison of HGRO and PHEQ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
HGRO vs PHEQ performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HGRO PHEQ | -3.45%-0.98% | -0.72%-0.69% | -1.13%-0.52% | n/a+14.90% | n/an/a | n/an/a |
| Flows | HGRO PHEQ | +$4M-$5M | +$14M-$11M | +$11M-$11M | -+$28M | -- | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HGRO PHEQ | +13.85%+6.13% | n/a+10.57% | n/an/a | n/an/a |
| Max drawdown | HGRO PHEQ | -6.00%-1.65% | n/a-8.63% | n/an/a | n/an/a |
| Max drawdown duration | HGRO PHEQ | 16d58d | n/a45d | n/an/a | n/an/a |
HGRO | PHEQ | |
Last sale 3/13/2026 at 1:30 PM | $28.01 | $31.98 |
| Previous close 03/12/2026 | $27.94 | $32.10 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
HGRO | PHEQ | |
|---|---|---|
| Last price | $28.01 | $31.98 |
| 1D performance | +0.25% | -0.37% |
| AuM | $78.22 M | $126.28 M |
| E/R | 0.7% | 0.29% |
HGRO | PHEQ | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Hedgeye Asset Management | Morgan Stanley |
| Benchmark | - | - |
| N° of holdings | 47 | 156 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 10, 2025 | October 19, 2023 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the HGRO and PHEQ ETFs performed in 2026?
As of March 13, 2026, HGRO is down -1.13% year-to-date (YTD), while PHEQ has lost -0.52%. That puts PHEQ better performer ahead so far this year.
Which ETF is attracting more investor money: HGRO or PHEQ?
Year-to-date, the HGRO ETF saw +$11M in flows, compared to -$11M for PHEQ.
Which ETF is bigger: HGRO or PHEQ?
As of March 13, 2026, HGRO holds $78.22 M in assets under management (AUM), while PHEQ manages $126.28 M.
What sectors do the HGRO and PHEQ ETFs invest in?
HGRO leans toward sectors like Information Technology, Consumer Discretionary and Financials. Meanwhile, PHEQ focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the HGRO ETF and PHEQ ETF?
HGRO top holdings include ALPHABET INC-CL, NVIDIA and APPLE. PHEQ holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: HGRO or PHEQ?
HGRO holds 49 securities with 56.68% of its assets in the top 15. PHEQ has 164 securities and a top 15 weight of 47.6%.
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