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LCAP vs HEQT

Principal Capital Appreciation Select ETF vs Simplify Hedged Equity ETF

LCAP

Principal Capital Appreciation Select ETF

Annual cost

0.29%

Fund size

$319M

HEQT

Simplify Hedged Equity ETF

Annual cost

0.43%

Fund size

$323M

Key differences

LCAP is an equity ETF, while HEQT is an alternative ETF. LCAP charges 0.29% a year and HEQT 0.43%.

  • LCAP is an equity fund, while HEQT is an alternative fund. They carry different risk/return profiles.
  • LCAP follows a active selection strategy; HEQT uses long short.
  • LCAP costs 0.14% less per year.

Side-by-side comparison

LCAPHEQT
Annual cost (TER)0.29%0.43%
Fund size (AUM)$319M$323M
Since20252021
Dividend yield0.10%1.19%
Asset classequityalternative
Regionnorth americanorth america
Strategyactive selectionlong short
CAGR 1Y+24.3%+13.6%
CAGR 3YN/A+13.2%
CAGR 5YN/AN/A
Sharpe 3YN/A1.16
Volatility 1Y13.21%6.52%
Max drawdown-11.31%-11.51%

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

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