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PHEQvsWAMAETF Comparison

ETF 1
PHEQ

Parametric Hedged Equity ETF

This fund is part of
Options Strategies
+0.63%
VS
ETF 2
WAMA

WisdomTree US Adaptive Moving Average Fund

This fund is part of
Multi-Asset: Other
+0.58%

Parametric Hedged Equity ETF (PHEQ) belongs to the Options Strategies segment. WisdomTree US Adaptive Moving Average Fund (WAMA) is part of the Multi-Asset: Other segment. PHEQ's top 3 sector exposures are Information Technology, Communication Services and Consumer Discretionary. In contrast, WAMA's top sector exposures are Information Technology, Communication Services and Financials. PHEQ is less expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.32% for WAMA. Run a side-by-side ETF comparison of PHEQ and WAMA below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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PHEQ vs WAMA performance and flow charts

Performance

0.02.04.06.08.0%Mar 30Apr 7Apr 14Apr 21Apr 28

Cumulative Flows

0 M20 M40 M60 M80 M100 MMar 30Apr 7Apr 14Apr 21Apr 28

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Historic performance and flows
Data as of 04/29/2026
1M3MYTD1Y3Y5Y
Perf.
PHEQ
WAMA
+6.89%+8.00%
+3.22%n/a
+3.57%n/a
+19.53%n/a
n/an/a
n/an/a
Flows
PHEQ
WAMA
+$5M+$91M
-$8M-
-$10M-
+$23M-
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
PHEQ
WAMA
+8.35%n/a
+7.12%n/a
n/an/a
n/an/a
Max drawdown
PHEQ
WAMA
-3.73%n/a
-3.96%n/a
n/an/a
n/an/a
Max drawdown duration
PHEQ
WAMA
57dn/a
86dn/a
n/an/a
n/an/a
Trading data

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PHEQ
WAMA
Last sale
5/1/2026 at 1:30 PM
$33.89
$25.36
Previous close
04/29/2026
$33.83
$25.22
Consolidated volume
04/29/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of April 30, 2026
1-year trailing difference

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PHEQ
is actively managed and doesn’t replicate an index

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PHEQ
WAMA
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 5/1/2026 at 1:30 PM
Live
Closed
PHEQ
WAMA
Last price
$33.89
$25.36
1D performance
+0.16%
+0.56%
AuM$133.04 M$178.77 M
E/R0.29%0.32%
Characteristics
PHEQ
WAMA
Management strategyActivePassive
ProviderMorgan StanleyWisdomTree
Benchmark-WisdomTree U.S. Adaptive Moving Average Index
N° of holdings173468
Asset class--
Trailing 12m distribution yield
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Inception dateOctober 19, 2023March 12, 2026
ESGNoNo
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Exposure

Countries

PHEQ
USA
93.2%
Other
6.8%
WAMA
USA
98.53%
Other
1.47%

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%
WAMA
Information Techn.
33.58%
Communication Ser.
11.12%
Financials
10.62%
Consumer Discreti.
9.91%
Health Care
9.28%
Industrials
7.62%
Other
17.87%
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Diversification

PHEQ

Total weight of top 15 holdings out of 15

43.64%
WAMA

Total weight of top 15 holdings out of 15

44.99%

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%
WAMA
NVIDIA
7.39%
APPLE
6.72%
ALPHABET INC-CL
5.94%
MICROSOFT-T
4.76%
AMAZON.COM INC
3.70%
META PLATFORMS
2.37%
BROADCOM LIMITED
2.32%
TESLA
1.87%
BERKSHIRE HATHWAY
1.83%
WALMART INC
1.73%
LILLY
1.55%
JPMORGAN CHASE
1.40%
EXXON
1.36%
VISA INCORPORATION
1.06%
JOHNSON&JOHNSON
1.00%
Frequently asked questions about PHEQ and WAMA

Which ETF is bigger: PHEQ or WAMA?

As of April 29, 2026, PHEQ holds $133.04 M in assets under management (AUM), while WAMA manages $178.77 M.

What sectors do the PHEQ and WAMA ETFs invest in?

PHEQ leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, WAMA focuses on Information Technology, Communication Services and Financials.

What are the top holdings of the PHEQ ETF and WAMA ETF?

PHEQ top holdings include NVIDIA, APPLE and MICROSOFT-T. WAMA holds in its top three: NVIDIA, APPLE and ALPHABET INC-CL.

Which ETF is more diversified: PHEQ or WAMA?

PHEQ holds 182 securities with 43.64% of its assets in the top 15. WAMA has 501 securities and a top 15 weight of 44.99%.

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