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LSEQ vs HEQT

Harbor Long-Short Equity ETF vs Simplify Hedged Equity ETF

LSEQ

Harbor Long-Short Equity ETF

Harbor Capital Advisors Inc

Annual cost

2.28%

Fund size

$15M

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

Key differences

  • HEQT costs 1.85% less per year.
  • HEQT is significantly larger than LSEQ — larger funds tend to be more liquid and less likely to close.
  • LSEQ follows a long short strategy; HEQT uses option income.

Side-by-side comparison

LSEQHEQT
Annual cost (TER)2.28%0.43%
Fund size (AUM)$15M$321M
Since20232021
Dividend yield1.78%1.21%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortoption income
CAGR 1Y+19.7%+15.3%
CAGR 3YN/A+13.9%
CAGR 5YN/AN/A
Sharpe 3YN/A1.24
Volatility 1Y14.96%6.50%
Max drawdown-8.35%-11.51%

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

Similar to LSEQ and HEQT