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HEQT vs FAAR

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

HEQT

Simplify Hedged Equity ETF

Annual cost

0.43%

Fund size

$323M

FAAR

First Trust Alternative Absolute Return Strategy ETF

Annual cost

0.98%

Fund size

$176M

Key differences

Both HEQT and FAAR are alternative ETFs. HEQT charges 0.43% a year and FAAR 0.98%. 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

HEQTFAAR
Annual cost (TER)0.43%0.98%
Fund size (AUM)$323M$176M
Since20212016
Dividend yield1.19%9.19%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortlong short
CAGR 1Y+12.7%+34.6%
CAGR 3Y+12.9%+11.0%
CAGR 5YN/A+7.9%
Sharpe 3Y1.120.66
Volatility 1Y6.49%13.52%
Max drawdown-11.51%-18.03%

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

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