{"url":"https://etfiq.com/compare/any/gld-vs-pheq","section":"compare","title":"GLD vs PHEQ: ETF Differences, Returns & Fees | ETFIQ","description":"GLD vs PHEQ to Nov 5, 2026: one-year total return +2.5% against +8.1%, expense ratio 0.40% against 0.29%. One commodity ETF and one alternatives ETF.","as_of":"Nov 5, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Are GLD and PHEQ in the same category?","acceptedAnswer":{"@type":"Answer","text":"GLD is a commodity ETF and PHEQ is an alternatives ETF, so they do different jobs. The table compares what both publish: return, cost and holdings."}},{"@type":"Question","name":"Which returned more over the last year, GLD or PHEQ?","acceptedAnswer":{"@type":"Answer","text":"In the year to Nov 5, 2026, with distributions reinvested, GLD returned +2.5% and PHEQ +8.1%."}},{"@type":"Question","name":"Which is cheaper, GLD or PHEQ?","acceptedAnswer":{"@type":"Answer","text":"PHEQ is cheaper, by 0.11 percentage points a year. That is about $11 on $10,000 held for a year. Fees come from each fund's own filings."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":3,"name":"GLD vs PHEQ","item":"https://etfiq.com/compare/any/gld-vs-pheq"}]},{"@type":"WebPage","name":"GLD vs PHEQ: ETF Differences, Returns & Fees","description":"GLD vs PHEQ to Nov 5, 2026: one-year total return +2.5% against +8.1%, expense ratio 0.40% against 0.29%. One commodity ETF and one alternatives ETF.","url":"https://etfiq.com/compare/any/gld-vs-pheq","dateModified":"2026-11-05","speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".lede",".faq"]},"isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"}},{"@type":"Dataset","name":"ETFIQ comparison of GLD and PHEQ","description":"GLD vs PHEQ to Nov 5, 2026: one-year total return +2.5% against +8.1%, expense ratio 0.40% against 0.29%. One commodity ETF and one alternatives ETF.","dateModified":"2026-11-05","creator":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"url":"https://etfiq.com/compare/any/gld-vs-pheq","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/alternatives.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/core.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/crypto.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/income.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":3,"name":"GLD vs PHEQ","item":"https://etfiq.com/compare/any/gld-vs-pheq"}]},{"@type":"WebPage","name":"GLD vs PHEQ: ETF Differences, Returns & Fees","description":"GLD vs PHEQ to Nov 5, 2026: one-year total return +2.5% against +8.1%, expense ratio 0.40% against 0.29%. One commodity ETF and one alternatives ETF.","url":"https://etfiq.com/compare/any/gld-vs-pheq","dateModified":"2026-11-05","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":4061,"truncated":true,"content":"ETFIQ / Compare ETFs / GLD vs PHEQ \n \n Data as of Nov 5, 2026.\n ETFIQ etfiq.com \u00b7 independent ETF data \n GLD vs PHEQ: Differences, Returns & Fees\n Over the year to Nov 5, 2026, GLD returned +2.5% to PHEQ's +8.1%, and PHEQ charges 0.29% to GLD's 0.40%.\n Copy this for sharing \n PHEQ costs 0.11 points a year less; their one-year returns differ by 5.6 points.\n GLD and PHEQ at a glance. As of Nov 5, 2026. Source: ETFIQ. GLD PHEQ \n Expense ratio 0.40% 0.29% \n Net assets, GLD as of Nov 4, 2026 and PHEQ as of Jun 30, 2026 $135.0bn $140m \n Total return, 1 year +2.5% +8.1% \n What it tracks Gold not publ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, GLD against PHEQ, data as of Nov 5, 2026. https://etfiq.com/compare/any/gld-vs-pheq","a":{"ticker":"GLD","name":"SPDR Gold Shares","issuer":"State Street","desk":"core","as_of":"2026-11-05","verdict":"GLD holds gold and returned +2.5% over the past year.","url":"https://etfiq.com/funds/gld","key_facts":[{"label":"Total return, 1 year","value":"+2.5%","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Expense ratio","value":"0.40%","as_of":"2026-11-05","source":null},{"label":"Below its high","value":"\u221224.3%","as_of":"2026-11-05","source":"ETFIQ"},{"label":"Net assets","value":"$135.0bn","as_of":"2026-11-04","source":"the issuer\u2019s own daily fund list, as of Nov 4, 2026"},{"label":"Benchmark","value":"The price of gold, measured by IAU, which also holds gold","as_of":"2026-11-05","source":"ETFIQ, from its filings"}]},"b":{"ticker":"PHEQ","name":"Parametric Hedged Equity ETF","issuer":"Parametric","desk":"alternatives","as_of":"2026-11-05","verdict":"Over the year to Nov 5, 2026, PHEQ returned 8.1%, against 9.5% for VOO.","url":"https://etfiq.com/funds/pheq","key_facts":[{"label":"Correlation with the S&P 500","value":"+0.94","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Beta to the S&P 500","value":"+0.45","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Down-week capture","value":"37.7%","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against T-bills, 52 weeks","value":"+4.9 pts","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, special payments left out, on its starting price","value":"0.4%","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"12-month cash paid, including specials, on its starting price","value":"0.9%","as_of":"2026-11-05","source":null},{"label":"Last payment (paid quarterly), ex-date Sep 21, 2026","value":"$0.0486","as_of":"2026-09-21","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$140m","as_of":"2026-06-30","source":"SEC N-PORT, whole fund, as filed for Jun 30, 2026"},{"label":"Expense ratio","value":"0.29%","as_of":"2026-01-28","source":"485BPOS XBRL, Jan 28, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/any/gld-vs-pheq"}