Skip to content
Beacon
Screener

HEQT vs IJR

Simplify Hedged Equity ETF vs iShares Core S&P Small-Cap ETF

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

IJR

iShares Core S&P Small-Cap ETF

iShares

Annual cost

0.06%

Fund size

$102.6B

Key differences

  • IJR costs 0.37% less per year.
  • IJR is significantly larger than HEQT — larger funds tend to be more liquid and less likely to close.
  • HEQT is classified as alternative, while IJR is equity — different risk/return profiles.
  • HEQT follows a option income strategy; IJR uses index tracking.
  • Over the last 3 years, IJR has delivered higher annualized returns.
  • IJR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HEQTIJR
Annual cost (TER)0.43%0.06%
Fund size (AUM)$321M$102.6B
Since20212000
Dividend yield1.21%1.16%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+16.1%+36.1%
CAGR 3Y+13.8%+16.0%
CAGR 5YN/A+6.6%
Sharpe 3Y1.230.65
Volatility 1Y6.47%17.70%
Max drawdown-11.51%-44.36%

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

Similar to HEQT and IJR