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FXED vs HEQT

Sound Enhanced Fixed Income ETF vs Simplify Hedged Equity ETF

FXED

Sound Enhanced Fixed Income ETF

Annual cost

1.89%

Fund size

$40M

HEQT

Simplify Hedged Equity ETF

Annual cost

0.43%

Fund size

$323M

Key differences

FXED is a fixed income ETF, while HEQT is an alternative ETF. FXED charges 1.89% a year and HEQT 0.43%.

  • FXED is a fixed income fund, while HEQT is an alternative fund. They carry different risk/return profiles.
  • FXED follows a active selection strategy; HEQT uses long short.
  • HEQT costs 1.46% less per year.
  • HEQT is much larger than FXED. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, HEQT has delivered higher annualized returns.

Side-by-side comparison

FXEDHEQT
Annual cost (TER)1.89%0.43%
Fund size (AUM)$40M$323M
Since20202021
Dividend yield7.10%1.19%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyactive selectionlong short
CAGR 1Y+4.5%+13.6%
CAGR 3Y+6.6%+13.2%
CAGR 5Y+2.3%N/A
Sharpe 3Y0.381.16
Volatility 1Y6.85%6.52%
Max drawdown-20.07%-11.51%

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

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