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HGRO vs HEQT

Hedgeye Quality Growth ETF vs Simplify Hedged Equity ETF

HGRO

Hedgeye Quality Growth ETF

Hedgeye Asset Management, LLC

Annual cost

0.70%

Fund size

$97M

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

Key differences

  • HEQT costs 0.27% less per year.
  • HEQT is significantly larger than HGRO — larger funds tend to be more liquid and less likely to close.
  • HGRO is classified as equity, while HEQT is alternative — different risk/return profiles.
  • HGRO follows a active selection strategy; HEQT uses option income.

Side-by-side comparison

HGROHEQT
Annual cost (TER)0.70%0.43%
Fund size (AUM)$97M$321M
Since20252021
Dividend yield1.21%
Asset classequityalternative
Regionnorth americanorth america
Strategyactive selectionoption income
CAGR 1YN/A+15.3%
CAGR 3YN/A+13.9%
CAGR 5YN/AN/A
Sharpe 3YN/A1.24
Volatility 1Y6.50%
Max drawdown-7.61%-11.51%

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

Similar to HGRO and HEQT