Screener
FDRX vs HEQT
Founder-Led 2x Daily ETF vs Simplify Hedged Equity ETF
Key differences
FDRX is an equity ETF, while HEQT is an alternative ETF. FDRX charges 1.08% a year and HEQT 0.43%.
- FDRX is an equity fund, while HEQT is an alternative fund. They carry different risk/return profiles.
- FDRX follows a leveraged strategy; HEQT uses long short.
- HEQT costs 0.65% less per year.
- HEQT is much larger than FDRX. Larger funds are usually more liquid and less likely to close.
- HEQT has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FDRX | HEQT | |
|---|---|---|
| Annual cost (TER) | 1.08% | 0.43% |
| Fund size (AUM) | $22M | $323M |
| Since | 2026 | 2021 |
| Dividend yield | — | 1.19% |
| Asset class | equity | alternative |
| Region | north america | north america |
| Strategy | leveraged | long short |
| CAGR 1Y | N/A | +13.6% |
| CAGR 3Y | N/A | +13.2% |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | N/A | 1.16 |
| Volatility 1Y | — | 6.52% |
| Max drawdown | -38.44% | -11.51% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.