Screener
OMFL vs HEQT
Invesco Russell 1000 Dynamic Multifactor ETF vs Simplify Hedged Equity ETF
Key differences
Both OMFL and HEQT are alternative ETFs. OMFL charges 0.29% a year and HEQT 0.43%. The main difference: OMFL follows a systematic alpha strategy; HEQT uses long short.
- OMFL follows a systematic alpha strategy; HEQT uses long short.
- OMFL costs 0.14% less per year.
- OMFL is much larger than HEQT. Larger funds are usually more liquid and less likely to close.
- Over the last three years, OMFL has delivered higher annualized returns.
Side-by-side comparison
| OMFL | HEQT | |
|---|---|---|
| Annual cost (TER) | 0.29% | 0.43% |
| Fund size (AUM) | $4.7B | $323M |
| Since | 2017 | 2021 |
| Dividend yield | 0.75% | 1.19% |
| Asset class | alternative | alternative |
| Region | north america | north america |
| Strategy | systematic alpha | long short |
| CAGR 1Y | +21.2% | +13.6% |
| CAGR 3Y | +14.2% | +13.2% |
| CAGR 5Y | +9.2% | N/A |
| Sharpe 3Y | 0.73 | 1.16 |
| Volatility 1Y | 12.38% | 6.52% |
| Max drawdown | -33.24% | -11.51% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.