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HEQT vs CGBL

Simplify Hedged Equity ETF vs Capital Group Core Balanced ETF

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

CGBL

Capital Group Core Balanced ETF

Capital Group

Annual cost

0.33%

Fund size

$6.1B

Key differences

  • CGBL costs 0.10% less per year.
  • CGBL is significantly larger than HEQT — larger funds tend to be more liquid and less likely to close.
  • HEQT is classified as alternative, while CGBL is mixed asset — different risk/return profiles.
  • HEQT follows a option income strategy; CGBL uses active selection.

Side-by-side comparison

HEQTCGBL
Annual cost (TER)0.43%0.33%
Fund size (AUM)$321M$6.1B
Since20212023
Dividend yield1.21%1.92%
Asset classalternativemixed asset
Regionnorth america
Strategyoption incomeactive selection
CAGR 1Y+15.3%+19.6%
CAGR 3Y+13.9%N/A
CAGR 5YN/AN/A
Sharpe 3Y1.24N/A
Volatility 1Y6.50%9.65%
Max drawdown-11.51%-11.66%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to HEQT and CGBL