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OVS vs HEQT

Overlay Shares Small Cap Equity ETF vs Simplify Hedged Equity ETF

OVS

Overlay Shares Small Cap Equity ETF

Overlay Shares

Annual cost

0.83%

Fund size

$20M

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

Key differences

  • HEQT costs 0.40% less per year.
  • HEQT is significantly larger than OVS — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, OVS has delivered higher annualized returns.

Side-by-side comparison

OVSHEQT
Annual cost (TER)0.83%0.43%
Fund size (AUM)$20M$321M
Since20192021
Dividend yield5.97%1.21%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomeoption income
CAGR 1Y+38.2%+15.3%
CAGR 3Y+17.1%+13.9%
CAGR 5Y+6.3%N/A
Sharpe 3Y0.661.24
Volatility 1Y19.45%6.50%
Max drawdown-45.09%-11.51%

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

Similar to OVS and HEQT