BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

PHEQvsQYLDETF Comparison

ETF 1

PHEQ

Parametric Hedged Equity ETF

This fund is part of

Options Strategies

+0.87%

Full PHEQ fund page

VS

ETF 2

QYLD

Global X Nasdaq 100 Covered Call ETF

This fund is part of

Options Strategies

+0.87%

Full QYLD fund page

Parametric Hedged Equity ETF (PHEQ) and Global X Nasdaq 100 Covered Call ETF (QYLD) belong to the same industry segment: Options Strategies. PHEQ is less expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.6% for QYLD. PHEQ is up 9.65% year-to-date (YTD) with +$873K in YTD flows. QYLD performs better with 11.15% YTD performance, and -$133M in YTD flows. Run a side-by-side ETF comparison of PHEQ and QYLD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

PHEQ vs QYLD performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 11/04/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PHEQ QYLD	-0.22%-3.75%	+2.12%+2.16%	+9.65%+11.15%	+11.12%+14.73%	+49.21%+51.00%	n/a+44.21%
Flows	PHEQ QYLD	-$4M+$39M	+$7M+$46M	+$873K-$133M	+$4M-$98M	+$102M+$143M	-+$4.77B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PHEQ QYLD	+6.10%+9.81%	+6.66%+11.69%	+8.39%+13.57%	n/a+15.35%
Max drawdown	PHEQ QYLD	-1.98%-4.73%	-3.96%-5.84%	-11.86%-19.06%	n/a-24.74%
Max drawdown duration	PHEQ QYLD	24d19d	86d39d	126d239d	n/a771d

Trading data

Create an account to view trading data

Join for free

	PHEQ	QYLD
Last sale 11/4/2026 at 2:30 PM	$35.61	$17.98
Previous close 11/04/2026	$35.30	$17.77
Consolidated volume 11/04/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 30, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

PHEQ

is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free

	PHEQ	QYLD
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 11/4/2026 at 2:30 PM

Live

Closed

	PHEQ	QYLD
Last price	$35.61	$17.98
1D performance	+0.89%	+1.18%
AuM	$151.13 M	$8.16 B
E/R	0.29%	0.6%

Characteristics

	PHEQ	QYLD
Management strategy	Active	Passive
Provider	Morgan Stanley	Global X
Benchmark	-	CBOE Nasdaq 100 BuyWrite V2 Index
N° of holdings	-	-
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	October 19, 2023	December 11, 2013
ESG	No	No

More PHEQ data on Trackinsight

More QYLD data on Trackinsight

Exposure

Countries

PHEQ

Data will be available soon

QYLD

Data will be available soon

Sectors

PHEQ

Data will be available soon

QYLD

Data will be available soon

Diversification

PHEQ

Data will be available soon

QYLD

Data will be available soon

Top 15 holdings

Data as of January 1, 1970

PHEQ

Data will be available soon

QYLD

Data will be available soon

Frequently asked questions about PHEQ and QYLD

PHEQvsQYLDETF Comparison

Parametric Hedged Equity ETF

Global X Nasdaq 100 Covered Call ETF

PHEQ vs QYLD performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the PHEQ and QYLD ETFs performed in 2026?

As of November 4, 2026, PHEQ is up 9.65% year-to-date (YTD), while QYLD has returned 11.15%. That puts QYLD better performer ahead so far this year.

Which ETF is attracting more investor money: PHEQ or QYLD?

Year-to-date, the PHEQ ETF saw +$873K in flows, compared to -$133M for QYLD.

Which ETF is more volatile: PHEQ or QYLD?

Over the past year, PHEQ had a volatility of 6.66%, while QYLD experienced 11.69%.

Which ETF is bigger: PHEQ or QYLD?

As of November 4, 2026, PHEQ holds $151.13 M in assets under management (AUM), while QYLD manages $8.16 B.

Parametric's Innovation Continues Under New Leadership from Morgan Stanley with Launch of PHEQ and PAPI

Access Unique Strategies Through These New Funds Trading on NYSE ARCA

NUSI: an ETF with high yields and crash protection?

Covered call ETFs: How did they perform in the 2022 bear market?

ETFs’ Next Act: From Access to Selection