Skip to content
Beacon
Screener

HEQT vs ITOT

Simplify Hedged Equity ETF vs iShares Core S&P Total U.S. Stock Market ETF

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

ITOT

iShares Core S&P Total U.S. Stock Market ETF

iShares

Annual cost

0.03%

Fund size

$88.9B

Key differences

  • ITOT costs 0.40% less per year.
  • ITOT is significantly larger than HEQT — larger funds tend to be more liquid and less likely to close.
  • HEQT is classified as alternative, while ITOT is equity — different risk/return profiles.
  • HEQT follows a option income strategy; ITOT uses index tracking.
  • Over the last 3 years, ITOT has delivered higher annualized returns.
  • ITOT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HEQTITOT
Annual cost (TER)0.43%0.03%
Fund size (AUM)$321M$88.9B
Since20212004
Dividend yield1.21%1.03%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+16.1%+31.1%
CAGR 3Y+13.8%+22.8%
CAGR 5YN/A+13.2%
Sharpe 3Y1.231.20
Volatility 1Y6.47%12.35%
Max drawdown-11.51%-35.00%

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

Similar to HEQT and ITOT