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NATO vs HEQT

Themes Transatlantic Defense ETF vs Simplify Hedged Equity ETF

NATO

Themes Transatlantic Defense ETF

Themes ETF Trust

Annual cost

0.35%

Fund size

$99M

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

Key differences

  • NATO costs 0.08% less per year.
  • HEQT is significantly larger than NATO — larger funds tend to be more liquid and less likely to close.
  • NATO is classified as equity, while HEQT is alternative — different risk/return profiles.
  • NATO follows a index tracking strategy; HEQT uses option income.

Side-by-side comparison

NATOHEQT
Annual cost (TER)0.35%0.43%
Fund size (AUM)$99M$321M
Since20242021
Dividend yield0.45%1.21%
Asset classequityalternative
Regionnorth america
Strategyindex trackingoption income
CAGR 1Y+23.3%+16.1%
CAGR 3YN/A+13.8%
CAGR 5YN/AN/A
Sharpe 3YN/A1.23
Volatility 1Y20.70%6.47%
Max drawdown-15.99%-11.51%

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

Similar to NATO and HEQT