Screener
HEQT vs LQ
Simplify Hedged Equity ETF vs Simplify Tax Aware Alternatives ETF
Key differences
HEQT is an alternative ETF, while LQ is an equity ETF. HEQT charges 0.43% a year and LQ 0.15%.
- HEQT is an alternative fund, while LQ is an equity fund. They carry different risk/return profiles.
- HEQT follows a long short strategy; LQ uses active selection.
- HEQT covers North America; LQ covers global markets.
- LQ costs 0.28% less per year.
- HEQT is much larger than LQ. Larger funds are usually more liquid and less likely to close.
- HEQT has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| HEQT | LQ | |
|---|---|---|
| Annual cost (TER) | 0.43% | 0.15% |
| Fund size (AUM) | $323M | $2M |
| Since | 2021 | 2026 |
| Dividend yield | 1.19% | — |
| Asset class | alternative | equity |
| Region | north america | global |
| Strategy | long short | active selection |
| CAGR 1Y | +13.6% | N/A |
| CAGR 3Y | +13.2% | N/A |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | 1.16 | N/A |
| Volatility 1Y | 6.52% | — |
| Max drawdown | -11.51% | -4.44% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.