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MSTQ vs HEQT

LHA Market State Tactical Q ETF vs Simplify Hedged Equity ETF

MSTQ

LHA Market State Tactical Q ETF

Annual cost

1.55%

Fund size

$39M

HEQT

Simplify Hedged Equity ETF

Annual cost

0.43%

Fund size

$323M

Key differences

Both MSTQ and HEQT are alternative ETFs. MSTQ charges 1.55% a year and HEQT 0.43%. The main difference: MSTQ follows a option income strategy; HEQT uses long short.

  • MSTQ follows a option income strategy; HEQT uses long short.
  • HEQT costs 1.12% less per year.
  • HEQT is much larger than MSTQ. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, MSTQ has delivered higher annualized returns.

Side-by-side comparison

MSTQHEQT
Annual cost (TER)1.55%0.43%
Fund size (AUM)$39M$323M
Since20222021
Dividend yield0.65%1.19%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomelong short
CAGR 1Y+27.0%+13.6%
CAGR 3Y+23.5%+13.2%
CAGR 5YN/AN/A
Sharpe 3Y1.141.16
Volatility 1Y15.40%6.52%
Max drawdown-31.05%-11.51%

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

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