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NOEQ vs HEQT

Northern Trust Us Equity Etf vs Simplify Hedged Equity ETF

NOEQ

NORTHERN TRUST US EQUITY ETF

Northern Trust

Annual cost

0.12%

Fund size

$833M

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

Key differences

  • NOEQ costs 0.31% less per year.
  • NOEQ is classified as equity, while HEQT is alternative — different risk/return profiles.
  • NOEQ follows a index tracking strategy; HEQT uses option income.
  • HEQT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

NOEQHEQT
Annual cost (TER)0.12%0.43%
Fund size (AUM)$833M$321M
Since20262021
Dividend yield1.21%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1YN/A+15.3%
CAGR 3YN/A+13.9%
CAGR 5YN/AN/A
Sharpe 3YN/A1.24
Volatility 1Y6.50%
Max drawdown-2.99%-11.51%

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

Similar to NOEQ and HEQT