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GIAX vs HEQT

Nicholas Global Equity and Income ETF vs Simplify Hedged Equity ETF

GIAX

Nicholas Global Equity and Income ETF

Annual cost

1.03%

Fund size

$101M

HEQT

Simplify Hedged Equity ETF

Annual cost

0.43%

Fund size

$323M

Key differences

Both GIAX and HEQT are alternative ETFs. GIAX charges 1.03% a year and HEQT 0.43%. The main difference: GIAX follows a multi strategy strategy; HEQT uses long short.

  • GIAX follows a multi strategy strategy; HEQT uses long short.
  • HEQT costs 0.60% less per year.
  • HEQT is much larger than GIAX. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

GIAXHEQT
Annual cost (TER)1.03%0.43%
Fund size (AUM)$101M$323M
Since20242021
Dividend yield22.33%1.19%
Asset classalternativealternative
Regionnorth americanorth america
Strategymulti strategylong short
CAGR 1Y+25.7%+13.6%
CAGR 3YN/A+13.2%
CAGR 5YN/AN/A
Sharpe 3YN/A1.16
Volatility 1Y22.77%6.52%
Max drawdown-20.38%-11.51%

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

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