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SFLRvsPHEQETF Comparison
Innovator Equity Managed Floor ETF (SFLR) and Parametric Hedged Equity ETF (PHEQ) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. SFLR is more expensive with a Total Expense Ratio (TER) of 0.89%, versus 0.29% for PHEQ. SFLR is down -1.93% year-to-date (YTD) with +$194M in YTD flows. PHEQ performs better with -0.52% YTD performance, and -$11M in YTD flows. Run a side-by-side ETF comparison of SFLR 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.
SFLR vs PHEQ performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SFLR PHEQ | -1.27%-0.98% | -1.59%-0.69% | -1.93%-0.52% | +15.74%+14.90% | +59.25%n/a | n/an/a |
| Flows | SFLR PHEQ | +$84M-$5M | +$221M-$11M | +$194M-$11M | +$645M+$28M | +$1.32B- | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SFLR PHEQ | +9.32%+6.13% | +10.71%+10.57% | +9.95%n/a | n/an/a |
| Max drawdown | SFLR PHEQ | -3.34%-1.65% | -7.44%-8.63% | -12.23%n/a | n/an/a |
| Max drawdown duration | SFLR PHEQ | 59d58d | 49d45d | 139dn/a | n/an/a |
SFLR | PHEQ | |
Last sale 3/13/2026 at 5:42 PM | $36.03 | $32.04 |
| Previous close 03/12/2026 | $36.07 | $32.10 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
SFLR | PHEQ | |
|---|---|---|
| Last price | $36.03 | $32.04 |
| 1D performance | -0.11% | -0.19% |
| AuM | $1.49 B | $126.28 M |
| E/R | 0.89% | 0.29% |
SFLR | PHEQ | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Innovator | Morgan Stanley |
| Benchmark | - | - |
| N° of holdings | 170 | 156 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 9, 2022 | 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
Top 15 holdings
How have the SFLR and PHEQ ETFs performed in 2026?
As of March 12, 2026, SFLR is down -1.93% year-to-date (YTD), while PHEQ has lost -0.52%. That puts PHEQ better performer ahead so far this year.
Which ETF is attracting more investor money: SFLR or PHEQ?
Year-to-date, the SFLR ETF saw +$194M in flows, compared to -$11M for PHEQ.
Which ETF is more volatile: SFLR or PHEQ?
Over the past year, SFLR had a volatility of 10.71%, while PHEQ experienced 10.57%.
Which ETF is bigger: SFLR or PHEQ?
As of March 12, 2026, SFLR holds $1.49 B in assets under management (AUM), while PHEQ manages $126.28 M.
What sectors do the SFLR and PHEQ ETFs invest in?
SFLR leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, PHEQ focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the SFLR ETF and PHEQ ETF?
SFLR top holdings include NVIDIA, APPLE and MICROSOFT-T. PHEQ holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: SFLR or PHEQ?
SFLR holds 186 securities with 45.67% of its assets in the top 15. PHEQ has 164 securities and a top 15 weight of 47.6%.
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