See what your fund actually adds

T. Rowe Price Hedged Equity Fund PHEFX

Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.

Fund and replication metrics

PHEFX compared with its replication portfolio
MeasurePHEFXReplication
Annualized growth14.6%16.7%
Annualized volatility9.7%10.7%
Sharpe ratio1.461.50
Maximum drawdown10.7%12.5%
Replication fit (R²)0.96 · Tracking error 1.9%

Replication portfolio

The published portfolio below is the investable basket used to model PHEFX’s historical return behavior.

PHEFX replication basket weights
TickerBuilding blockWeight
VOOUS Large Cap42.1%
SPHYFI · High Yield17.5%
VUGStyle · Growth15.6%
USMVFactor · Min Vol14.2%
WTMFAlternatives · Mgt Futures10.6%