QEWvsPHEQETF Comparison
Invesco QQQ Equal Weight ETF (QEW) belongs to the US Large Cap segment. Parametric Hedged Equity ETF (PHEQ) is part of the Options Strategies segment. QEW's top 3 sector exposures are Information Technology, Consumer Discretionary and Industrials. In contrast, PHEQ's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. QEW is less expensive with a Total Expense Ratio (TER) of 0.25%, versus 0.29% for PHEQ. Run a side-by-side ETF comparison of QEW 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.
QEW vs PHEQ performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | QEW PHEQ | +8.94%+1.06% | +22.48%+6.96% | n/a+5.84% | n/a+15.32% | n/an/a | n/an/a |
| Flows | QEW PHEQ | +$11M- | +$19M+$4M | --$8M | -+$26M | -- | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | QEW PHEQ | +19.77%+7.61% | n/a+6.58% | n/an/a | n/an/a |
| Max drawdown | QEW PHEQ | -5.89%-2.27% | n/a-3.96% | n/an/a | n/an/a |
| Max drawdown duration | QEW PHEQ | 10d16d | n/a86d | n/an/a | n/an/a |
QEW | PHEQ | |
Last sale 6/16/2026 at 1:30 PM | $29.86 | $34.29 |
| Previous close 06/15/2026 | $30.41 | $34.38 |
| Consolidated volume 06/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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QEW | PHEQ | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
QEW | PHEQ | |
|---|---|---|
| Last price | $29.86 | $34.29 |
| 1D performance | -1.81% | -0.26% |
| AuM | $21.27 M | $137.68 M |
| E/R | 0.25% | 0.29% |
QEW | PHEQ | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | Invesco | Morgan Stanley |
| Benchmark | NASDAQ-100 Equal Weighted Index | - |
| N° of holdings | 93 | 169 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 18, 2026 | 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
