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HEQT vs MSTQ

Simplify Hedged Equity ETF vs LHA Market State Tactical Q ETF

HEQT

Simplify Hedged Equity ETF

Annual cost

0.43%

Fund size

$323M

MSTQ

LHA Market State Tactical Q ETF

Annual cost

1.55%

Fund size

$39M

Key differences

Both HEQT and MSTQ are alternative ETFs. HEQT charges 0.43% a year and MSTQ 1.55%. The main difference: HEQT follows a long short strategy; MSTQ uses option income.

  • HEQT follows a long short strategy; MSTQ uses option income.
  • HEQT costs 1.12% less per year.
  • HEQT is much larger than MSTQ. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, MSTQ has delivered higher annualized returns.

Side-by-side comparison

HEQTMSTQ
Annual cost (TER)0.43%1.55%
Fund size (AUM)$323M$39M
Since20212022
Dividend yield1.19%0.65%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortoption income
CAGR 1Y+13.6%+27.0%
CAGR 3Y+13.2%+23.5%
CAGR 5YN/AN/A
Sharpe 3Y1.161.14
Volatility 1Y6.52%15.40%
Max drawdown-11.51%-31.05%

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

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