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HEQT vs IWM

Simplify Hedged Equity ETF vs iShares Russell 2000 ETF

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

IWM

iShares Russell 2000 ETF

iShares

Annual cost

0.19%

Fund size

$76.9B

Key differences

  • IWM costs 0.24% less per year.
  • IWM is significantly larger than HEQT — larger funds tend to be more liquid and less likely to close.
  • HEQT is classified as alternative, while IWM is equity — different risk/return profiles.
  • HEQT follows a option income strategy; IWM uses index tracking.
  • Over the last 3 years, IWM has delivered higher annualized returns.
  • IWM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HEQTIWM
Annual cost (TER)0.43%0.19%
Fund size (AUM)$321M$76.9B
Since20212000
Dividend yield1.21%0.91%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+16.1%+44.9%
CAGR 3Y+13.8%+19.6%
CAGR 5YN/A+7.2%
Sharpe 3Y1.230.78
Volatility 1Y6.47%19.29%
Max drawdown-11.51%-41.13%

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

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