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OVLH vs HEQT

Overlay Shares Hedged Large Cap Equity ETF vs Simplify Hedged Equity ETF

OVLH

Overlay Shares Hedged Large Cap Equity ETF

Overlay Shares

Annual cost

0.80%

Fund size

$102M

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

Key differences

  • HEQT costs 0.37% less per year.
  • HEQT is significantly larger than OVLH — larger funds tend to be more liquid and less likely to close.
  • OVLH follows a volatility strategy strategy; HEQT uses option income.
  • Over the last 3 years, OVLH has delivered higher annualized returns.

Side-by-side comparison

OVLHHEQT
Annual cost (TER)0.80%0.43%
Fund size (AUM)$102M$321M
Since20212021
Dividend yield0.29%1.21%
Asset classalternativealternative
Regionnorth americanorth america
Strategyvolatility strategyoption income
CAGR 1Y+19.1%+15.3%
CAGR 3Y+17.4%+13.9%
CAGR 5Y+9.9%N/A
Sharpe 3Y1.351.24
Volatility 1Y8.52%6.50%
Max drawdown-20.69%-11.51%

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

Similar to OVLH and HEQT