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ETF NYSE Arca USD

Parametric Hedged Equity ETF PHEQ

Issuer: not identified from the fund name SEC registrant: Morgan Stanley ETF Trust Equity · US
Watch PHEQ (sign in) Add to portfolio (PHEQ) Set an alert for PHEQ Compare PHEQ with other ETFs Position size calculator for PHEQ at 35.78 USD

How position sizing works
Last price 35.78 USD Change: Up +0.13 Percent change: Up +0.36%

Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed

Expense ratio
0.29%
Prospectus 28 Jan 2026
Net assets
$140.0M
As of 30 Jun 2026
Holdings
186
As of 30 Jun 2026
12-month distribution yield
0.81%
Quarterly
Asset class
Equity
From holdings

Parametric Hedged Equity ETF (PHEQ) is an exchange-traded fund listed on NYSE Arca in the United States. Its category is Equity · US (equity). Its last price was US$35.78 on 20 Oct 2026. Its expense ratio is 0.29% a year, from its prospectus dated 28 Jan 2026. It reported net assets of US$139.96 million as of 30 Jun 2026. Its latest holdings report lists 186 holdings as of 30 Jun 2026. Over the last 12 months it paid distributions of US$0.29 a unit, a 12-month distribution yield of 0.81%, paid quarterly.

General information only: nothing on TakeProfits takes into account your objectives, financial situation or needs, and it isn't personal financial advice or a recommendation to buy or sell anything. Consider whether it suits you and get advice from a licensed adviser before acting. Market data may be delayed and comes from third-party sources.

Fees

Total annual operating expenses (gross)
0.29%
Net, after fee waivers or reimbursements
No waiver stated
Management fee
0.29%
Prospectus date
28 Jan 2026
Filed with the SEC
28 Jan 2026

Source: SEC prospectus risk/return data sets (opens in a new tab) Filed

Size and reporting

Net assets
$139,956,788
Total assets
$148,625,694
Holdings as of
30 Jun 2026
Report made public
21 Aug 2026 (52 days after the month end)

Net assets are for the whole fund series, which for some funds (Vanguard's, for example) also includes mutual fund share classes.

Source: SEC Form N-PORT (opens in a new tab) Filed

Top holdings

Largest 25 of 186 positions, as of 30 Jun 2026. Weight is the percent of net assets the fund reported.

PHEQ top holdings as of 30 Jun 2026
# Holding Identifier Weight Value (USD) Type Country Currency
1 NVIDIA Corp. US67066G1040 7.70% $10.8M Equity (common) United States USD
2 Apple, Inc. US0378331005 7.01% $9.8M Equity (common) United States USD
3 Microsoft Corp. US5949181045 4.43% $6.2M Equity (common) United States USD
4 Amazon.com, Inc. US0231351067 3.84% $5.4M Equity (common) United States USD
5 Alphabet, Inc. Alphabet, Inc., Class A US02079K3059 3.51% $4.9M Equity (common) United States USD
6 Alphabet, Inc. Alphabet, Inc., Class C US02079K1079 3.03% $4.2M Equity (common) United States USD
7 Broadcom, Inc. US11135F1012 2.93% $4.1M Equity (common) United States USD
8 Tesla, Inc. US88160R1014 2.15% $3.0M Equity (common) United States USD
9 Micron Technology, Inc. US5951121038 2.14% $3.0M Equity (common) United States USD
10 S&P 500 Index No identifier reported -2.08% -$2.9M Equity derivatives United States USD
11 Meta Platforms, Inc. Meta Platforms, Inc., Class A US30303M1027 2.02% $2.8M Equity (common) United States USD
12 S&P 500 Index No identifier reported -1.99% -$2.8M Equity derivatives United States USD
13 Eli Lilly & Co. US5324571083 1.91% $2.7M Equity (common) United States USD
14 JPMorgan Chase & Co. US46625H1005 1.70% $2.4M Equity (common) United States USD
15 Morgan Stanley & Co. LLC Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Class US61747C7074 1.52% $2.1M Short-term investment vehicles (cash funds) United States USD
16 Johnson & Johnson US4781601046 1.45% $2.0M Equity (common) United States USD
17 KLA Corp. US4824801009 1.38% $1.9M Equity (common) United States USD
18 Cisco Systems, Inc. US17275R1023 1.37% $1.9M Equity (common) United States USD
19 Berkshire Hathaway, Inc. Berkshire Hathaway, Inc., Class B US0846707026 1.34% $1.9M Equity (common) United States USD
20 Exxon Mobil Corp. US30231G1022 1.33% $1.9M Equity (common) United States USD
21 Caterpillar, Inc. US1491231015 1.18% $1.6M Equity (common) United States USD
22 Visa, Inc. Visa, Inc., Class A US92826C8394 1.17% $1.6M Equity (common) United States USD
23 Advanced Micro Devices, Inc. US0079031078 1.09% $1.5M Equity (common) United States USD
24 Corning, Inc. US2193501051 1.08% $1.5M Equity (common) United States USD
25 Walmart, Inc. US9311421039 1.06% $1.5M Equity (common) United States USD

Source: SEC Form N-PORT (opens in a new tab) Made public Holdings as of 30 Jun 2026

All 186 stored holdings

Breakdowns

Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.

Asset type

Asset type by weight
TypeWeightBar
Equity (common) 103.80%
Equity derivatives -5.52%
Short-term investment vehicles (cash funds) 1.54%

Country

Country by weight
CountryWeightBar
United States 97.32%
Ireland 1.25%
Cayman Islands 0.37%
Jersey 0.27%
Bermuda 0.21%
United Kingdom 0.20%
Luxembourg 0.10%
Netherlands 0.08%
Guernsey 0.01%

The country each issuer is assigned to in the report.

Currency exposure

Currency exposure by weight
CurrencyWeightBar
US dollar (USD) 99.82%

The currency each holding is denominated in. Currency hedges are not netted off, so a hedged fund still shows its holdings' currencies.

Sector

Sector weights for holdings matched to listed stocks
SectorWeightBar
Technology 44.06%
Consumer Discretionary 13.50%
Industrials 10.00%
Health Care 9.44%
Finance 7.91%
Utilities 3.52%
Telecommunications 1.83%
Consumer Staples 1.49%
Financial Services 1.34%
Real Estate 1.32%
Energy 1.31%
Consumer Services 0.40%
Unknown 0.33%
Basic Materials 0.24%
Miscellaneous 0.17%

Partial coverage: sectors are known for 96.8% of net assets (93% of the fund's equity weight), the holdings matched by CUSIP or ticker to US stocks listed on this site. The rest is not assigned a sector.

Source: SEC Form N-PORT (opens in a new tab) Holdings as of

Distributions

Paid in the last 12 months
$0.2900
4 payments per unit
12-month yield
0.81%
Distributions only, not total return
Frequency
Quarterly
From the gaps between ex-dates
Latest ex-date
21 Sep 2026

12-month yield = distributions per unit with an ex-date in the last 12 months ($0.2900) ÷ latest price ($35.78) × 100 = 0.81%. It looks back, so it is not a forecast; special distributions in the window are included.

Why a distribution yield is not the fund's return: yield vs total return

Distribution history table (12 payments)
PHEQ distributions per unit by ex-date
Ex-dateAmount per unit
21 Sep 2026$0.0490
22 Jun 2026$0.0470
23 Mar 2026$0.0290
23 Dec 2025$0.1650
22 Sep 2025$0.0830
23 Jun 2025$0.0750
24 Mar 2025$0.0640
23 Dec 2024$0.2000
23 Sep 2024$0.0720
24 Jun 2024$0.0910
18 Mar 2024$0.0490
18 Dec 2023$0.4490

Source: Yahoo Finance (opens in a new tab) Checked · 2 days ago Amounts are adjusted for later unit splits

Filings and sources

Compare with

Largest funds in the same category:

Up to four symbols separated by commas. ASX funds end in .AX, for example IVV.AX.

How ETF overlap is measured, with a worked example

IMPORTANT FINANCIAL DISCLAIMER: The information provided on this platform is for educational and informational purposes only and should not be construed as investment advice. All investments involve risk, including potential loss of principal. Past performance does not guarantee future results. Take Profits is not a registered investment advisor and does not provide personalized investment advice. Users should conduct their own research and consult with qualified financial professionals before making investment decisions. Market data may be delayed and is provided by third-party sources.

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