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HEQT vs VB

Simplify Hedged Equity ETF vs Vanguard Small-Cap Index Fund ETF Shares

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

VB

Vanguard Small-Cap Index Fund ETF Shares

Vanguard

Annual cost

0.03%

Fund size

$177.4B

Key differences

  • VB costs 0.40% less per year.
  • VB is significantly larger than HEQT — larger funds tend to be more liquid and less likely to close.
  • HEQT is classified as alternative, while VB is equity — different risk/return profiles.
  • HEQT follows a option income strategy; VB uses index tracking.
  • Over the last 3 years, VB has delivered higher annualized returns.
  • VB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HEQTVB
Annual cost (TER)0.43%0.03%
Fund size (AUM)$321M$177.4B
Since20212004
Dividend yield1.21%1.23%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+16.1%+31.4%
CAGR 3Y+13.8%+17.9%
CAGR 5YN/A+7.8%
Sharpe 3Y1.230.78
Volatility 1Y6.47%16.45%
Max drawdown-11.51%-42.05%

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

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