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FAAR vs HEQT

First Trust Alternative Absolute Return Strategy ETF vs Simplify Hedged Equity ETF

FAAR

First Trust Alternative Absolute Return Strategy ETF

Annual cost

0.98%

Fund size

$176M

HEQT

Simplify Hedged Equity ETF

Annual cost

0.43%

Fund size

$323M

Key differences

Both FAAR and HEQT are alternative ETFs. FAAR charges 0.98% a year and HEQT 0.43%. The main difference: HEQT costs 0.55% less per year.

  • HEQT costs 0.55% less per year.
  • Over the last three years, HEQT has delivered higher annualized returns.
  • FAAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FAARHEQT
Annual cost (TER)0.98%0.43%
Fund size (AUM)$176M$323M
Since20162021
Dividend yield9.19%1.19%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortlong short
CAGR 1Y+34.6%+12.7%
CAGR 3Y+11.0%+12.9%
CAGR 5Y+7.9%N/A
Sharpe 3Y0.661.12
Volatility 1Y13.52%6.49%
Max drawdown-18.03%-11.51%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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