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HEQT vs OVL

Simplify Hedged Equity ETF vs Overlay Shares Large Cap Equity ETF

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

OVL

Overlay Shares Large Cap Equity ETF

Overlay Shares

Annual cost

0.79%

Fund size

$221M

Key differences

  • HEQT costs 0.36% less per year.
  • Over the last 3 years, OVL has delivered higher annualized returns.

Side-by-side comparison

HEQTOVL
Annual cost (TER)0.43%0.79%
Fund size (AUM)$321M$221M
Since20212019
Dividend yield1.21%5.55%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomeoption income
CAGR 1Y+15.3%+34.7%
CAGR 3Y+13.9%+25.2%
CAGR 5YN/A+14.5%
Sharpe 3Y1.241.12
Volatility 1Y6.50%14.12%
Max drawdown-11.51%-35.49%

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

Similar to HEQT and OVL