Skip to content
Screener

WZRD vs HEQT

Opportunistic Trader ETF vs Simplify Hedged Equity ETF

WZRD

Opportunistic Trader ETF

Annual cost

1.00%

Fund size

$3M

HEQT

Simplify Hedged Equity ETF

Annual cost

0.43%

Fund size

$323M

Key differences

Both WZRD and HEQT are alternative ETFs. WZRD charges 1.00% a year and HEQT 0.43%. The main difference: WZRD follows a structured outcome strategy; HEQT uses long short.

  • WZRD follows a structured outcome strategy; HEQT uses long short.
  • HEQT costs 0.57% less per year.
  • HEQT is much larger than WZRD. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

WZRDHEQT
Annual cost (TER)1.00%0.43%
Fund size (AUM)$3M$323M
Since20252021
Dividend yield1.19%
Asset classalternativealternative
Regionnorth americanorth america
Strategystructured outcomelong short
CAGR 1YN/A+12.7%
CAGR 3YN/A+12.9%
CAGR 5YN/AN/A
Sharpe 3YN/A1.12
Volatility 1Y6.49%
Max drawdown-75.13%-11.51%

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

Similar to WZRD and HEQT