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SPD vs HEQT

Simplify US Equity PLUS Downside Convexity ETF vs Simplify Hedged Equity ETF

SPD

Simplify US Equity PLUS Downside Convexity ETF

Annual cost

0.53%

Fund size

$108M

HEQT

Simplify Hedged Equity ETF

Annual cost

0.43%

Fund size

$323M

Key differences

Both SPD and HEQT are alternative ETFs. SPD charges 0.53% a year and HEQT 0.43%. The main difference: SPD follows a volatility strategy strategy; HEQT uses long short.

  • SPD follows a volatility strategy strategy; HEQT uses long short.
  • HEQT costs 0.10% less per year.
  • Over the last three years, SPD has delivered higher annualized returns.

Side-by-side comparison

SPDHEQT
Annual cost (TER)0.53%0.43%
Fund size (AUM)$108M$323M
Since20202021
Dividend yield0.95%1.19%
Asset classalternativealternative
Regionnorth americanorth america
Strategyvolatility strategylong short
CAGR 1Y+12.8%+13.6%
CAGR 3Y+17.5%+13.2%
CAGR 5Y+8.1%N/A
Sharpe 3Y0.821.16
Volatility 1Y13.45%6.52%
Max drawdown-27.38%-11.51%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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