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MSSM vs HEQT

Morgan Stanley Pathway Small-Mid Cap Equity ETF vs Simplify Hedged Equity ETF

MSSM

Morgan Stanley Pathway Small-Mid Cap Equity ETF

Annual cost

0.62%

Fund size

$756M

HEQT

Simplify Hedged Equity ETF

Annual cost

0.43%

Fund size

$323M

Key differences

MSSM is an equity ETF, while HEQT is an alternative ETF. MSSM charges 0.62% a year and HEQT 0.43%.

  • MSSM is an equity fund, while HEQT is an alternative fund. They carry different risk/return profiles.
  • MSSM follows a index tracking strategy; HEQT uses option income.
  • MSSM covers global markets; HEQT covers North America.
  • HEQT costs 0.19% less per year.
  • MSSM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MSSMHEQT
Annual cost (TER)0.62%0.43%
Fund size (AUM)$756M$323M
Since19912021
Dividend yield0.53%1.19%
Asset classequityalternative
Regionglobalnorth america
Strategyindex trackingoption income
CAGR 1Y+32.8%+13.8%
CAGR 3YN/A+13.5%
CAGR 5YN/AN/A
Sharpe 3YN/A1.19
Volatility 1Y17.51%6.45%
Max drawdown-24.09%-11.51%

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

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