Skip to content
Beacon
Screener

PY vs HEQT

Principal Value ETF vs Simplify Hedged Equity ETF

PY

Principal Value ETF

Principal Funds

Annual cost

0.15%

Fund size

$212M

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

Key differences

  • PY costs 0.28% less per year.
  • PY is classified as equity, while HEQT is alternative — different risk/return profiles.
  • PY follows a active selection strategy; HEQT uses option income.
  • PY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PYHEQT
Annual cost (TER)0.15%0.43%
Fund size (AUM)$212M$321M
Since20162021
Dividend yield2.15%1.21%
Asset classequityalternative
Regionnorth americanorth america
Strategyactive selectionoption income
CAGR 1Y+17.5%+16.1%
CAGR 3Y+13.5%+13.8%
CAGR 5Y+7.8%N/A
Sharpe 3Y0.731.23
Volatility 1Y10.72%6.47%
Max drawdown-45.44%-11.51%

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

Similar to PY and HEQT