PHEQvsVOTEETF Comparison
VS
Parametric Hedged Equity ETF (PHEQ) belongs to the Options Strategies segment. TCW Transform 500 ETF (VOTE) is part of the US Large Cap segment. Both ETFs have the same top 3 sector exposures: Technology, Finance and Consumer Non-Cyclicals. PHEQ is more expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.05% for VOTE. PHEQ is up 8.82% year-to-date (YTD) with +$3M in YTD flows. VOTE performs better with 12.95% YTD performance, and +$74M in YTD flows. Run a side-by-side ETF comparison of PHEQ and VOTE 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 VOTE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/18/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PHEQ VOTE | +0.88%-0.44% | +2.93%+2.29% | +8.82%+12.95% | +11.54%+16.57% | n/a+80.02% | n/a+85.68% |
| Flows | PHEQ VOTE | +$4M- | +$12M+$11M | +$3M+$74M | +$35M+$74M | -+$161M | -+$496M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PHEQ VOTE | +5.36%+11.22% | +6.67%+13.14% | n/a+15.26% | n/a+17.47% |
| Max drawdown | PHEQ VOTE | -1.73%-3.52% | -3.96%-9.04% | n/a-19.12% | n/a-25.66% |
| Max drawdown duration | PHEQ VOTE | 19d19d | 86d76d | n/a126d | n/a715d |
Trading data
PHEQ | VOTE | |
Last sale 9/18/2026 at 1:30 PM | $35.39 | |
| Previous close 09/17/2026 | $35.34 | |
| Consolidated volume 09/17/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
PHEQ
is actively managed and doesn’t replicate an indexPHEQ | VOTE | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/18/2026 at 1:30 PM
Live
Closed
PHEQ | VOTE | |
|---|---|---|
| Last price | $35.39 | – |
| 1D performance | +0.14% | – |
| AuM | $151.96 M | $1.13 B |
| E/R | 0.29% | 0.05% |
Characteristics
PHEQ | VOTE | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Morgan Stanley | TCW |
| Benchmark | - | Morningstar US Large Cap Select Index |
| N° of holdings | 169 | 500 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 19, 2023 | June 22, 2021 |
| ESG | No | No |
Advertisement
Exposure
Countries
PHEQ
USA
100.61%
Other
-0.61%
VOTE
USA
97.31%
Other
2.69%
Sectors
PHEQ
Technology
45.18%
Finance
14.44%
Consumer Non-Cycl.
10.18%
Healthcare
9.19%
Industrials
7.28%
Other
13.74%
VOTE
Technology
44.56%
Finance
13.78%
Consumer Non-Cycl.
9.48%
Healthcare
8.97%
Industrials
8%
Other
15.22%
Advertisement
Diversification
PHEQ
Total weight of top 15 holdings out of 15
47.46%
VOTE
Total weight of top 15 holdings out of 15
43.45%
Top 15 holdings
Data as of July 31, 2026
PHEQ
NVIDIA Corp.
7.65%
Apple, Inc.
7.46%
Microsoft Corp.
5.54%
Amazon.com, Inc.
4.39%
Alphabet, Inc.
3.43%
Broadcom Inc.
3.03%
Alphabet, Inc.
3.00%
Meta Platforms, Inc.
1.95%
JPMorgan Chase & Co.
1.83%
Eli Lilly & Co.
1.79%
Tesla, Inc.
1.60%
Micron Technology, Inc.
1.53%
Johnson & Johnson
1.45%
ExxonMobil Holdings Corp.
1.44%
Berkshire Hathaway, Inc.
1.37%
VOTE
NVIDIA Corp.
7.25%
Apple, Inc.
6.99%
Microsoft Corp.
5.32%
Amazon.com, Inc.
4.11%
Alphabet, Inc.
3.21%
Broadcom Inc.
2.79%
Alphabet, Inc.
2.59%
Meta Platforms, Inc.
1.88%
Berkshire Hathaway, Inc.
1.46%
JPMorgan Chase & Co.
1.46%
Micron Technology, Inc.
1.43%
Eli Lilly & Co.
1.42%
Tesla, Inc.
1.35%
Advanced Micro Devices, Inc.
1.19%
ExxonMobil Holdings Corp.
1.00%
Frequently asked questions about PHEQ and VOTE
How have the PHEQ and VOTE ETFs performed in 2026?
As of September 18, 2026, PHEQ is up 8.82% year-to-date (YTD), while VOTE has returned 12.95%. That puts VOTE better performer ahead so far this year.
Which ETF is attracting more investor money: PHEQ or VOTE?
Year-to-date, the PHEQ ETF saw +$3M in flows, compared to +$74M for VOTE.
Which ETF is more volatile: PHEQ or VOTE?
Over the past year, PHEQ had a volatility of 6.67%, while VOTE experienced 13.14%.
Which ETF is bigger: PHEQ or VOTE?
As of September 18, 2026, PHEQ holds $151.96 M in assets under management (AUM), while VOTE manages $1.13 B.
What sectors do the PHEQ and VOTE ETFs invest in?
PHEQ leans toward sectors like Technology, Finance and Consumer Non-Cyclicals. Meanwhile, VOTE focuses on Technology, Finance and Consumer Non-Cyclicals.
What are the top holdings of the PHEQ ETF and VOTE ETF?
PHEQ top holdings include NVIDIA Corp., Apple, Inc. and Microsoft Corp.. VOTE holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..
Which ETF is more diversified: PHEQ or VOTE?
PHEQ holds 171 securities with 47.46% of its assets in the top 15. VOTE has 506 securities and a top 15 weight of 43.45%.
Advertisement
Latest news about PHEQ & VOTE
Advertisement
Advertisement
