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HEQT vs MSSM

Simplify Hedged Equity ETF vs Morgan Stanley Pathway Small-Mid Cap Equity ETF

HEQT

Simplify Hedged Equity ETF

Annual cost

0.43%

Fund size

$323M

MSSM

Morgan Stanley Pathway Small-Mid Cap Equity ETF

Annual cost

0.62%

Fund size

$756M

Key differences

HEQT is an alternative ETF, while MSSM is an equity ETF. HEQT charges 0.43% a year and MSSM 0.62%.

  • HEQT is an alternative fund, while MSSM is an equity fund. They carry different risk/return profiles.
  • HEQT follows a option income strategy; MSSM uses index tracking.
  • HEQT covers North America; MSSM covers global markets.
  • HEQT costs 0.19% less per year.
  • MSSM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HEQTMSSM
Annual cost (TER)0.43%0.62%
Fund size (AUM)$323M$756M
Since20211991
Dividend yield1.19%0.53%
Asset classalternativeequity
Regionnorth americaglobal
Strategyoption incomeindex tracking
CAGR 1Y+13.8%+32.8%
CAGR 3Y+13.5%N/A
CAGR 5YN/AN/A
Sharpe 3Y1.19N/A
Volatility 1Y6.45%17.51%
Max drawdown-11.51%-24.09%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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