PHEQvsSFLRETF Comparison
VS
Parametric Hedged Equity ETF (PHEQ) and Innovator Equity Managed Floor ETF (SFLR) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. PHEQ is less expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.89% for SFLR. PHEQ is up 3.47% year-to-date (YTD) with -$10M in YTD flows. SFLR performs worse with -0.15% YTD performance, and +$319M in YTD flows. Run a side-by-side ETF comparison of PHEQ and SFLR 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 SFLR performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/24/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PHEQ SFLR | +5.45%+5.24% | +2.87%-1.14% | +3.47%-0.15% | +20.52%+17.61% | n/a+52.56% | n/an/a |
| Flows | PHEQ SFLR | +$5M+$84M | -$8M+$226M | -$10M+$319M | +$24M+$703M | -+$1.45B | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PHEQ SFLR | +8.37%+10.33% | +7.13%+8.81% | n/a+9.97% | n/an/a |
| Max drawdown | PHEQ SFLR | -3.79%-6.38% | -3.96%-6.81% | n/a-12.23% | n/an/a |
| Max drawdown duration | PHEQ SFLR | 71d90d | 86d105d | n/a139d | n/an/a |
Trading data
PHEQ | SFLR | |
Last sale 4/28/2026 at 1:30 PM | $33.66 | $36.64 |
| Previous close 04/27/2026 | $33.66 | $36.70 |
| Consolidated volume 04/27/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 4/28/2026 at 1:30 PM
Live
Closed
PHEQ | SFLR | |
|---|---|---|
| Last price | $33.66 | $36.64 |
| 1D performance | +0.00% | -0.16% |
| AuM | $132.92 M | $1.64 B |
| E/R | 0.29% | 0.89% |
Characteristics
PHEQ | SFLR | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Morgan Stanley | Innovator |
| Benchmark | - | - |
| N° of holdings | 173 | 178 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 19, 2023 | November 9, 2022 |
| ESG | No | No |
Advertisement
Exposure
Countries
PHEQ
USA
93.2%
Other
6.8%
SFLR
USA
93.08%
Other
6.92%
Sectors
PHEQ
Information Techn.
33.71%
Communication Ser.
10.57%
Consumer Discreti.
9.49%
Financials
9.34%
Health Care
8.92%
Industrials
7.64%
Other
20.33%
SFLR
Information Techn.
31.66%
Communication Ser.
10.06%
Consumer Discreti.
9.3%
Health Care
8.83%
Financials
8.69%
Industrials
7.6%
Other
23.86%
Advertisement
Diversification
PHEQ
Total weight of top 15 holdings out of 15
43.64%
SFLR
Total weight of top 15 holdings out of 15
41.8%
Top 15 holdings
Data as of March 31, 2026
PHEQ
NVIDIA
7.24%
APPLE
6.63%
MICROSOFT-T
4.74%
AMAZON.COM INC
3.62%
ALPHABET INC-CL
3.05%
ALPHABET INC-CL
2.65%
BROADCOM LIMITED
2.59%
META PLATFORMS
2.22%
TESLA
1.89%
EXXON
1.78%
JPMORGAN CHASE
1.65%
LILLY
1.58%
JOHNSON&JOHNSON
1.51%
BERKSHIRE HATHWAY
1.38%
VISA INCORPORATION
1.11%
SFLR
NVIDIA
6.99%
APPLE
6.46%
MICROSOFT-T
4.39%
AMAZON.COM INC
3.59%
ALPHABET INC-CL
2.92%
BROADCOM LIMITED
2.61%
ALPHABET INC-CL
2.51%
META PLATFORMS
1.98%
TESLA
1.83%
JPMORGAN CHASE
1.60%
LILLY
1.51%
EXXON
1.42%
JOHNSON&JOHNSON
1.42%
BERKSHIRE HATHWAY
1.38%
WALMART INC
1.19%
Frequently asked questions about PHEQ and SFLR
How have the PHEQ and SFLR ETFs performed in 2026?
As of April 24, 2026, PHEQ is up 3.47% year-to-date (YTD), while SFLR has lost -0.15%. That puts PHEQ better performer ahead so far this year.
Which ETF is attracting more investor money: PHEQ or SFLR?
Year-to-date, the PHEQ ETF saw -$10M in flows, compared to +$319M for SFLR.
Which ETF is more volatile: PHEQ or SFLR?
Over the past year, PHEQ had a volatility of 7.13%, while SFLR experienced 8.81%.
Which ETF is bigger: PHEQ or SFLR?
As of April 24, 2026, PHEQ holds $132.92 M in assets under management (AUM), while SFLR manages $1.64 B.
What sectors do the PHEQ and SFLR ETFs invest in?
PHEQ leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, SFLR focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the PHEQ ETF and SFLR ETF?
PHEQ top holdings include NVIDIA, APPLE and MICROSOFT-T. SFLR holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: PHEQ or SFLR?
PHEQ holds 182 securities with 43.64% of its assets in the top 15. SFLR has 198 securities and a top 15 weight of 41.8%.
Advertisement
Latest news about PHEQ & SFLR
How Innovator's "Managed Floor" ETFs Can Fit Into a 40/30/30 Portfolio
October 3, 2024
SFLR
Advertisement
Advertisement
