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HEQT vs LSEQ

Simplify Hedged Equity ETF vs Harbor Long-Short Equity ETF

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

LSEQ

Harbor Long-Short Equity ETF

Harbor Capital Advisors Inc

Annual cost

2.28%

Fund size

$15M

Key differences

  • HEQT costs 1.85% less per year.
  • HEQT is significantly larger than LSEQ — larger funds tend to be more liquid and less likely to close.
  • HEQT follows a option income strategy; LSEQ uses long short.

Side-by-side comparison

HEQTLSEQ
Annual cost (TER)0.43%2.28%
Fund size (AUM)$321M$15M
Since20212023
Dividend yield1.21%1.78%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomelong short
CAGR 1Y+15.3%+19.7%
CAGR 3Y+13.9%N/A
CAGR 5YN/AN/A
Sharpe 3Y1.24N/A
Volatility 1Y6.50%14.96%
Max drawdown-11.51%-8.35%

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

Similar to HEQT and LSEQ