AOCT vs HEGD
Innovator Equity Defined Protection ETF - 2 Yr to October 2028 vs Swan Hedged Equity US Large Cap ETF
Which is better, AOCT or HEGD?
HEGD has been ahead.
AOCT has a lower expense ratio. HEGD led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AOCT | HEGD |
|---|---|---|
| Expense Ratio | 0.79%Best | 0.87% |
| AUM | $61M | $749M |
| Dividend Yield | 0.00% | 0.34% |
| Holdings | 15 | 26 |
| YTD Return | +4.93% | +6.59%Best |
| 1Y Return | +6.19% | +8.56%Best |
| 3Y Return (annualized) | - | +14.04% |
| 5Y Return (annualized) | - | +8.16% |
| Volatility (annualized) | 2.5%Best | 7.5% |
| Max Drawdown | -3.7%Best | -8.1% |
| $10,000 over 2 years | $11,185 | $12,173Best |
| Fund Family | Innovator ETFs Trust | Swan Capital Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 2, 2024 | Dec 22, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 1, 2024 to Oct 14, 2026 (2 years).
AOCT vs HEGD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.
AOCT vs HEGD Performance
Innovator Equity Defined Protection ETF - 2 Yr to October 2028 (AOCT) is an ETF from Innovator ETFs Trust and Swan Hedged Equity US Large Cap ETF (HEGD) is an ETF from Swan Capital Management. Over the past year AOCT returned +6.19% while HEGD returned +8.56%. Year to date, AOCT is up 4.93% versus a gain of 6.59% for HEGD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HEGD has been the more volatile fund, with annualized monthly volatility of 7.5% compared with 2.5% for AOCT. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -3.7% for AOCT and -8.1% for HEGD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AOCT charges 0.79% per year while HEGD charges 0.87%. On a $10,000 position that is $79 vs $87 annually, a gap of $8 per year that compounds over a long holding period. On income, AOCT currently yields 0.00% against 0.34% for HEGD.
Holdings Overlap
We hold position weights for 1 holding in AOCT and 2 in HEGD, totalling 97.9% and 93.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in AOCT and 2 in HEGD, against full books of 15 and 26.
You are not choosing between two funds in isolation.
Whichever of AOCT and HEGD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AOCT or HEGD?
AOCT has an expense ratio of 0.79% while HEGD charges 0.87%. AOCT is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, AOCT or HEGD?
Over the past year AOCT returned +6.19% vs +8.56% for HEGD, so HEGD leads on 1-year performance. Over the longest common window we track (2 years), AOCT annualized +5.76% vs +10.33% for HEGD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AOCT or HEGD?
HEGD has been the more volatile fund at 7.5% annualized versus 2.5% for AOCT. Worst drawdown: AOCT -3.7% vs HEGD -8.1%.
Should I hold both AOCT and HEGD?
AOCT and HEGD have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AOCT or HEGD?
AOCT yields 0.00% while HEGD yields 0.34%, so HEGD currently pays the higher dividend yield.
Is HEGD better than AOCT?
AOCT has a lower expense ratio. HEGD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.