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›ETF Providers›Morgan Stanley›PHEQ

PHEQ

US61774R8741

Active ETF Equity

PHEQ ETF · Parametric Hedged Equity ETF

The PHEQ Exchange Traded Fund (ETF) is provided by Morgan Stanley. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.

Last update Yesterday at 1:30 PM UTC

LIVE

CLOSED

This fund is part ofOptions Strategies1M perf.-2.95%

Last price

$32.21

1M perf.

-3.36%

1M flows

-€8.4M

AuM

€103M

E/R

0.29%

Rating

Not rated

ESG Consensus®

PHEQ

$32.21

Performance & flows

December 30, 2025 → March 30, 2026

Create a free account to view the flows graph

PHEQ

$31.51

-3.34%

Historic performance and flows

	1M	3M	1Y	3Y	5Y	MTD	QTD	YTD
Perf.	-3.36%	-3.34%	+11.24%	N/A	N/A	-3.26%	-3.11%	-3.11%
Flows

Key fund info

This ETF's jurisdiction country is not in your region (Europe and Middle East) ·

Main characteristics

Issuer

Morgan Stanley

CUSIP

61774R874

ISIN

US61774R8741

AuM

€103M

E/R

0.29%

ESG Consensus®

More details

NAV

3/30/2026

$31.51

1D NAV change

N/A

Dividend policy

Distributing

No. of holdings

166

Inception date

10/19/2023

Jurisdiction

United States

Distribution

United States

Legal structure

Open-end Investment Company

Base currency

USD

Dividend distribution

Trailing 12-month distr. yield

Distribution frequency

Last distribution

Create a free account to view dividend distribution

Classification

Product type

Active ETF

Asset class

Equity

Factors

N/A

Investment strategy

Parametric Hedged Equity ETF (the “Fund”) seeks to provide capital appreciation while limiting losses experienced by investors (before fees, expenses, and taxes) through the incorporation of an option overlay hedge strategy.

Tax optimisation

PEA

France

UK Reporting Status

United Kingdom

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Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

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Risk profile

Historical risk/return profile

	3M	1Y	3Y	5Y
Returns	-3.35%	+11.24%	N/A	N/A
Volatility
Perf./Volatility
Max drawdown

Create a free account to view risk/return table

Synthetic Risk and Reward Indicator (SRRI)

UCITS

N/A

PRIIPS

N/A

More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

The PHEQ ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.

To find out more about PHEQ's exposure, please refer to the as provided by Morgan Stanley.

More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria

SDG

More sustainability metrics are available, exclusively in Trackinsight Enterprise

Issuer

Morgan Stanley

Morgan Stanley ID Card

Number of funds

Total AuM

€11.36B

Expense ratio range

0.14% - 0.9%

Average expense ratio

0.3278%

View all Morgan Stanley funds

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Frequently asked questions about PHEQ

What does Parametric Hedged Equity ETF, PHEQ, invest in?

PHEQ is a Active ETF. This ETF provides exposure to Large Cap US Equities.

What is the Total Expense ratio (TER) of PHEQ?

PHEQ carries a total expense ratio (TER) of 0.29%, indicating the annual cost for holding the fund.

When was PHEQ launched?

PHEQ was introduced to the market on October 19, 2023. It trades on United States

Who is the ETF issuer of PHEQ?

Parametric Hedged Equity ETF, PHEQ, is provided by Morgan Stanley. Learn more about Morgan Stanley here.

What is the current assets under management (AUM) of PHEQ?

PHEQ oversees €103M in assets as of March 30, 2026.

How has PHEQ performed lately?

Based on data from March 30, 2026, PHEQ returned -3.36% over the past month, -3.34% over the last three months and -3.11% year-to-date.

What are the latest inflows or outflows for PHEQ?

As of March 30, 2026, PHEQ recorded net flows of -€8.4M over the last month and -€13M year-to-date.

Does PHEQ distribute dividends?

PHEQ follows a distributing dividend policy, meaning it pays out income to investors. As of March 30, 2026, its 12-month trailing yield was 1.12%.

What are the main country or region exposures of PHEQ?

As of February 28, 2026, PHEQ has significant geographic allocations in USA and Ireland.

In which sector or theme does PHEQ invest in?

As of February 28, 2026, PHEQ focuses largely on Information Technology, Communication Services and Consumer Discretionary.

How many securities does PHEQ hold and how diversified is it?

As of February 28, 2026, PHEQ holds 166 positions in its portfolio, with 44.92% of assets concentrated in its top 15 holdings.

What are the main positions in PHEQ?

As of February 28, 2026, PHEQ top three holdings include NVIDIA, APPLE and MICROSOFT-T.

What is the base currency of PHEQ?

The base currency of PHEQ is USD.

About Trackinsight

Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.

Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.

More about Trackinsight

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PHEQ ETF · Parametric Hedged Equity ETF

Performance & flows

Historic performance and flows

Monthly performance and flows

Trading and listing info

Key fund info

Enterprise

Similar ETFs in your region

Risk profile

Historical risk/return profile

Exposure

Sustainability

Issuer

Frequently asked questions about PHEQ

What does Parametric Hedged Equity ETF, PHEQ, invest in?

PHEQ is a Active ETF. This ETF provides exposure to Large Cap US Equities.

What is the Total Expense ratio (TER) of PHEQ?

PHEQ carries a total expense ratio (TER) of 0.29%, indicating the annual cost for holding the fund.

When was PHEQ launched?

PHEQ was introduced to the market on October 19, 2023. It trades on United States

Who is the ETF issuer of PHEQ?

Parametric Hedged Equity ETF, PHEQ, is provided by Morgan Stanley. Learn more about Morgan Stanley here.

What is the current assets under management (AUM) of PHEQ?

PHEQ oversees €103M in assets as of March 30, 2026.

How has PHEQ performed lately?

Based on data from March 30, 2026, PHEQ returned -3.36% over the past month, -3.34% over the last three months and -3.11% year-to-date.

What are the latest inflows or outflows for PHEQ?

As of March 30, 2026, PHEQ recorded net flows of -€8.4M over the last month and -€13M year-to-date.

Does PHEQ distribute dividends?

PHEQ follows a distributing dividend policy, meaning it pays out income to investors. As of March 30, 2026, its 12-month trailing yield was 1.12%.

What are the main country or region exposures of PHEQ?

As of February 28, 2026, PHEQ has significant geographic allocations in USA and Ireland.

In which sector or theme does PHEQ invest in?

As of February 28, 2026, PHEQ focuses largely on Information Technology, Communication Services and Consumer Discretionary.

How many securities does PHEQ hold and how diversified is it?

As of February 28, 2026, PHEQ holds 166 positions in its portfolio, with 44.92% of assets concentrated in its top 15 holdings.

What are the main positions in PHEQ?

As of February 28, 2026, PHEQ top three holdings include NVIDIA, APPLE and MICROSOFT-T.

What is the base currency of PHEQ?

The base currency of PHEQ is USD.

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