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HEQT vs VOO

Simplify Hedged Equity ETF vs Vanguard S&P 500 ETF

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

VOO

Vanguard S&P 500 ETF

Vanguard

Annual cost

0.03%

Fund size

$1.6T

Key differences

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

Side-by-side comparison

HEQTVOO
Annual cost (TER)0.43%0.03%
Fund size (AUM)$321M$1.6T
Since20212010
Dividend yield1.21%1.08%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+16.1%+31.1%
CAGR 3Y+13.8%+23.2%
CAGR 5YN/A+14.4%
Sharpe 3Y1.231.25
Volatility 1Y6.47%11.96%
Max drawdown-11.51%-33.99%

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

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