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HEQT vs OEF

Simplify Hedged Equity ETF vs iShares S&P 100 ETF

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

OEF

iShares S&P 100 ETF

iShares

Annual cost

0.20%

Fund size

$19.6B

Key differences

  • OEF costs 0.23% less per year.
  • OEF is significantly larger than HEQT — larger funds tend to be more liquid and less likely to close.
  • HEQT is classified as alternative, while OEF is equity — different risk/return profiles.
  • HEQT follows a option income strategy; OEF uses index tracking.
  • Over the last 3 years, OEF has delivered higher annualized returns.
  • OEF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HEQTOEF
Annual cost (TER)0.43%0.20%
Fund size (AUM)$321M$19.6B
Since20212000
Dividend yield1.21%0.88%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+16.1%+33.6%
CAGR 3Y+13.8%+25.8%
CAGR 5YN/A+16.3%
Sharpe 3Y1.231.30
Volatility 1Y6.47%12.86%
Max drawdown-11.51%-31.44%

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

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