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HEQT vs OVS

Simplify Hedged Equity ETF vs Overlay Shares Small Cap Equity ETF

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

OVS

Overlay Shares Small Cap Equity ETF

Overlay Shares

Annual cost

0.83%

Fund size

$20M

Key differences

  • HEQT costs 0.40% less per year.
  • HEQT is significantly larger than OVS — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, OVS has delivered higher annualized returns.

Side-by-side comparison

HEQTOVS
Annual cost (TER)0.43%0.83%
Fund size (AUM)$321M$20M
Since20212019
Dividend yield1.21%5.97%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomeoption income
CAGR 1Y+15.3%+38.2%
CAGR 3Y+13.9%+17.1%
CAGR 5YN/A+6.3%
Sharpe 3Y1.240.66
Volatility 1Y6.50%19.45%
Max drawdown-11.51%-45.09%

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

Similar to HEQT and OVS