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HEQT vs VXF

Simplify Hedged Equity ETF vs Vanguard Extended Market Index Fund ETF Shares

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

VXF

Vanguard Extended Market Index Fund ETF Shares

Vanguard

Annual cost

0.05%

Fund size

$89.9B

Key differences

  • VXF costs 0.38% less per year.
  • VXF is significantly larger than HEQT — larger funds tend to be more liquid and less likely to close.
  • HEQT is classified as alternative, while VXF is equity — different risk/return profiles.
  • HEQT follows a option income strategy; VXF uses index tracking.
  • Over the last 3 years, VXF has delivered higher annualized returns.
  • VXF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HEQTVXF
Annual cost (TER)0.43%0.05%
Fund size (AUM)$321M$89.9B
Since20212001
Dividend yield1.21%1.07%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+16.1%+31.0%
CAGR 3Y+13.8%+20.7%
CAGR 5YN/A+7.1%
Sharpe 3Y1.230.86
Volatility 1Y6.47%17.31%
Max drawdown-11.51%-41.72%

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

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