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HIGH vs HEQT

Simplify Enhanced Income ETF vs Simplify Hedged Equity ETF

HIGH

Simplify Enhanced Income ETF

Annual cost

0.50%

Fund size

$75M

HEQT

Simplify Hedged Equity ETF

Annual cost

0.43%

Fund size

$323M

Key differences

Both HIGH and HEQT are alternative ETFs. HIGH charges 0.50% a year and HEQT 0.43%. The main difference: HIGH follows a option income strategy; HEQT uses long short.

  • HIGH follows a option income strategy; HEQT uses long short.
  • HEQT costs 0.07% less per year.
  • HEQT is much larger than HIGH. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, HEQT has delivered higher annualized returns.

Side-by-side comparison

HIGHHEQT
Annual cost (TER)0.50%0.43%
Fund size (AUM)$75M$323M
Since20222021
Dividend yield7.33%1.19%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomelong short
CAGR 1Y-4.0%+12.7%
CAGR 3Y+2.6%+12.9%
CAGR 5YN/AN/A
Sharpe 3Y-0.051.12
Volatility 1Y8.79%6.49%
Max drawdown-9.50%-11.51%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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