PHEQ vs ENOR
Comparison between PARAMETRIC HEDGED EQUITY ETF (PHEQ, ETF) and ISHARES MSCI NORWAY ETF (ENOR, ETF).
PHEQ vs ENOR - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
PHEQ
$133M
ENOR
$133M
Expense Ratio
Winner
PHEQ
0.29%
ENOR
0.53%
Max Drawdown
Winner
PHEQ
12.74%
ENOR
62.59%
Sharpe Ratio
Winner
PHEQ
1.77
ENOR
1.54
5Y Beta
Winner
PHEQ
0.53
ENOR
0.68
P/E Ratio
PHEQ
29.02
ENOR
N/A
Forward P/E
PHEQ
21.94
ENOR
N/A
5Y Dividends CAGR
PHEQ
N/A
ENOR
13.77%
5Y EPS CAGR
PHEQ
25.36%
ENOR
N/A
Debt to Equity
PHEQ
56.36%
ENOR
N/A
P/S Ratio
PHEQ
3.37
ENOR
N/A
P/B Ratio
PHEQ
5.40
ENOR
N/A
PHEQ vs ENOR - Holdings Comparison
PHEQ and ENOR have 1 common holdings. Overlap is -0.85%
PHEQ's top 25 holdings weight is 53.61%. ENOR's top 25 holdings weight is 85.27%.
| Rank | PHEQ | ENOR |
|---|---|---|
| #1 | NVIDIA CORP (NVDA) - 7.31% | EQUINOR ASA (n/a) - 13.38% |
| #2 | APPLE INC (AAPL) - 6.70% | DNB BANK ASA (n/a) - 11.35% |
| #3 | MICROSOFT CORP (MSFT) - 4.74% | NORSK HYDRO ASA (n/a) - 6.60% |
| #4 | AMAZON.COM INC (AMZN) - 3.67% | KONGSBERG GRUPPEN ASA (n/a) - 5.83% |
| #5 | ALPHABET INC CLASS A (GOOGL) - 3.15% | AKER BP ASA (n/a) - 5.04% |
| #6 | ALPHABET INC CLASS C (GOOG) - 2.73% | MOWI ASA (n/a) - 4.27% |
| #7 | BROADCOM INC (AVGO) - 2.61% | YARA INTERNATIONAL ASA (n/a) - 3.99% |
| #8 | META PLATFORMS INC CLASS A (META) - 2.20% | TELENOR ASA (n/a) - 3.79% |
| #9 | TESLA INC (TSLA) - 1.78% | ORKLA ASA (n/a) - 3.57% |
| #10 | EXXON MOBIL CORP (XOM) - 1.70% | SUBSEA 7 SA (n/a) - 3.50% |
| #11 | JPMORGAN CHASE & CO (JPM) - 1.64% | STOREBRAND ASA (n/a) - 3.42% |
| #12 | ELI LILLY AND CO (LLY) - 1.58% | GJENSIDIGE FORSIKRING ASA (n/a) - 2.31% |
| #13 | JOHNSON & JOHNSON (JNJ) - 1.48% | FRONTLINE PLC (FRO) - 2.26% |
| #14 | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.36% | VEND MARKETPLACES ASA ORDINARY SHARES (n/a) - 1.86% |
| #15 | WALMART INC (WMT) - 1.27% | SPAREBANK 1 SOR NORGE ASA (n/a) - 1.77% |
| #16 | VISA INC CLASS A (V) - 1.11% | SALMAR ASA (n/a) - 1.75% |
| #17 | COSTCO WHOLESALE CORP (COST) - 1.04% | NORDIC SEMICONDUCTOR ASA (n/a) - 1.62% |
| #18 | CISCO SYSTEMS INC (CSCO) - 1.00% | TGS ASA (n/a) - 1.34% |
| #19 | PUT ON S&P 500 MAR27 (n/a) - 1.00% | AKER ASA CLASS A (n/a) - 1.27% |
| #20 | CHEVRON CORP (CVX) - 0.99% | KONGSBERG MARITIME ASA (n/a) - 1.15% |
| #21 | MASTERCARD INC CLASS A (MA) - 0.94% | PROTECTOR FORSIKRING ASA (n/a) - 1.10% |
| #22 | PUT ON S&P 500 DEC26 (n/a) - 0.92% | SPAREBANK 1 SMN DEPOSITORY RECEIPTS (n/a) - 1.09% |
| #23 | ABBVIE INC (ABBV) - 0.91% | KITRON ASA (n/a) - 1.03% |
| #24 | NETFLIX INC (NFLX) - 0.90% | BAKKAFROST P/F (n/a) - 1.02% |
| #25 | MERCK & CO INC (MRK) - 0.88% | TOMRA SYSTEMS ASA (n/a) - 0.96% |
| Total Holdings | 212 | 65 |
PHEQ vs ENOR - Historical Returns
Returns include dividend reinvestment.
1M
Winner
PHEQ
+0.94%
ENOR
-5.07%
3M
Winner
PHEQ
+5.42%
ENOR
+5.16%
6M
PHEQ
+5.59%
Winner
ENOR
+30.47%
1Y
PHEQ
+15.83%
Winner
ENOR
+33.11%
5Y(CAGR)
PHEQ
N/A
ENOR
+7.80%
10Y(CAGR)
PHEQ
N/A
ENOR
+9.17%
Max(CAGR)
Winner
PHEQ
+15.08%
ENOR
+5.82%
PHEQ vs ENOR - Annual Returns (2012 - 2026)
Returns include dividend reinvestment.
| Year | PHEQ | ENOR |
|---|---|---|
| 2026 | +4.67% | +23.02% |
| 2025 | +11.81% | +30.35% |
| 2024 | +15.16% | -0.30% |
| 2023 | +7.19% | +8.03% |
| 2022 | N/A | -13.40% |
| 2021 | N/A | +18.51% |
| 2020 | N/A | +1.24% |
| 2019 | N/A | +12.25% |
| 2018 | N/A | -9.35% |
| 2017 | N/A | +20.83% |
| 2016 | N/A | +19.07% |
| 2015 | N/A | -15.90% |
| 2014 | N/A | -20.31% |
| 2013 | N/A | +7.44% |
| 2012 | N/A | +17.29% |
PHEQ vs ENOR Drawdown Comparison
The maximum drawdown for PHEQ was -12.55%, occurring on Apr 8, 2025. Recovery took 88 trading sessions.
The maximum drawdown for ENOR was -55.31%, occurring on Mar 18, 2020. Recovery took 1726 trading sessions.
The current PHEQ drawdown is -0.82%. The current ENOR drawdown is -5.25%.
| Rank | PHEQ | ENOR |
|---|---|---|
| #1 | -12.55% Feb 19, 2025 - Jun 26, 2025 | -55.31% Jun 6, 2014 - Apr 15, 2021 |
| #2 | -4.26% Jan 12, 2026 - Apr 13, 2026 | -32.61% Mar 30, 2022 - May 21, 2025 |
| #3 | -4.11% Jul 10, 2024 - Aug 19, 2024 | -24.65% Mar 20, 2012 - Jan 2, 2013 |
| #4 | -2.60% Oct 19, 2023 - Nov 2, 2023 | -13.96% Feb 1, 2013 - Sep 18, 2013 |
| #5 | -2.14% Nov 11, 2025 - Nov 28, 2025 | -13.29% Oct 20, 2021 - Mar 30, 2022 |
| #6 | -1.74% Mar 28, 2024 - May 6, 2024 | -9.93% Jun 7, 2021 - Oct 13, 2021 |
| #7 | -1.70% Aug 29, 2024 - Sep 12, 2024 | -9.13% Oct 25, 2013 - Mar 5, 2014 |
| #8 | -1.70% Dec 26, 2024 - Jan 17, 2025 | -9.01% Sep 16, 2025 - Jan 2, 2026 |
| #9 | -1.41% Oct 8, 2025 - Oct 20, 2025 | -7.29% Feb 28, 2012 - Mar 20, 2012 |
| #10 | -1.37% Dec 6, 2024 - Dec 24, 2024 | -6.49% Sep 18, 2013 - Oct 18, 2013 |
| #11 | -1.30% Jul 28, 2025 - Aug 12, 2025 | -5.50% Mar 19, 2026 - Mar 31, 2026 |
| #12 | -1.02% Nov 11, 2024 - Nov 22, 2024 | -5.48% Jun 13, 2025 - Aug 22, 2025 |
| #13 | -0.95% Oct 29, 2024 - Nov 6, 2024 | -5.32% Apr 29, 2021 - Jun 1, 2021 |
| #14 | -0.92% Dec 28, 2023 - Jan 9, 2024 | -5.25% May 21, 2026 - Jun 5, 2026 |
| #15 | -0.85% Oct 28, 2025 - Nov 11, 2025 | -5.00% Mar 6, 2014 - Apr 24, 2014 |
Correlation
Correlation between PHEQ and ENOR is 0.87 which considered as a strong positive correlation - the stocks tend to move together.
0.87
-101
Dividend Comparison (2012 - 2026)
PHEQ vs ENOR dividend yield comparison.
| Year | PHEQ | ENOR |
|---|---|---|
| 2026 | 0.08% | 0.00% |
| 2025 | 1.19% | 2.96% |
| 2024 | 1.39% | 6.32% |
| 2023 | 1.73% | 5.06% |
| 2022 | 0.00% | 4.02% |
| 2021 | 0.00% | 2.24% |
| 2020 | 0.00% | 2.39% |
| 2019 | 0.00% | 3.15% |
| 2018 | 0.00% | 2.79% |
| 2017 | 0.00% | 2.47% |
| 2016 | 0.00% | 2.96% |
| 2015 | 0.00% | 3.24% |
| 2014 | 0.00% | 4.52% |
| 2013 | 0.00% | 2.65% |
| 2012 | 0.00% | 2.66% |
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