CCSO vs HEGD
Carbon Collective Climate Solutions US Equity ETF vs Swan Hedged Equity US Large Cap ETF
Which is better, CCSO or HEGD?
HEGD has been ahead.
CCSO has a lower expense ratio. HEGD led over 1Y, 3Y 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 | CCSO | HEGD |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.87% |
| AUM | $45M | $749M |
| Dividend Yield | 0.64% | 0.34% |
| Holdings | 124 | 26 |
| YTD Return | -3.16% | +6.59%Best |
| 1Y Return | -5.92% | +8.56%Best |
| 3Y Return (annualized) | +11.97% | +14.04%Best |
| 5Y Return (annualized) | - | +8.16% |
| Volatility (annualized) | 22.0% | 8.1%Best |
| Max Drawdown | -23.7% | -8.1%Best |
| $10,000 over 4.1 years | $12,787 | $16,161Best |
| Fund Family | Carbon Collective Funds | Swan Capital Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 19, 2022 | Dec 22, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Sep 20, 2022 to Oct 14, 2026 (4.1 years).
CCSO 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 4.1 years both funds cover.
CCSO vs HEGD Performance
Carbon Collective Climate Solutions US Equity ETF (CCSO) is an ETF from Carbon Collective Funds and Swan Hedged Equity US Large Cap ETF (HEGD) is an ETF from Swan Capital Management. Over the past year CCSO returned -5.92% while HEGD returned +8.56%. Year to date, CCSO is down 3.16% versus a gain of 6.59% for HEGD.
Over three years, CCSO compounded at +11.97% per year against +14.04% for HEGD. Across the full 4-year window we track, HEGD has the edge at +12.42% annualized vs +6.18%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CCSO has been the more volatile fund, with annualized monthly volatility of 22.0% compared with 8.1% for HEGD. 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 -23.7% for CCSO 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CCSO charges 0.35% per year while HEGD charges 0.87%. On a $10,000 position that is $35 vs $87 annually, a gap of $52 per year that compounds over a long holding period. On income, CCSO currently yields 0.64% against 0.34% for HEGD.
Holdings Overlap
At least 1.6% of CCSO's money is in holdings HEGD also owns.
Stated as a floor: for HEGD, our book for it covers 93.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
CCSO and HEGD share little of their money.
1 positions in common, counted across the 123 positions we hold weights for in CCSO and 2 in HEGD, against full books of 124 and 26.
Top Shared Holdings
| Stock | Weight in CCSO | Weight in HEGD | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 1.57% | 0.35% | 1.22% |
You are not choosing between two funds in isolation.
Whichever of CCSO 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, CCSO or HEGD?
CCSO has an expense ratio of 0.35% while HEGD charges 0.87%. CCSO is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, CCSO or HEGD?
Over the past year CCSO returned -5.92% vs +8.56% for HEGD, so HEGD leads on 1-year performance. Over the longest common window we track (4 years), CCSO annualized +6.18% vs +12.42% for HEGD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CCSO or HEGD?
CCSO has been the more volatile fund at 22.0% annualized versus 8.1% for HEGD. Worst drawdown: CCSO -23.7% vs HEGD -8.1%.
Should I hold both CCSO and HEGD?
CCSO and HEGD have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CCSO and HEGD?
At least 1.6% of CCSO's money is in holdings HEGD also owns. Our book for HEGD is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 123 positions we hold weights for in CCSO and 2 in HEGD.
Which pays a higher dividend, CCSO or HEGD?
CCSO yields 0.64% while HEGD yields 0.34%, so CCSO currently pays the higher dividend yield.
Is HEGD better than CCSO?
CCSO has a lower expense ratio. HEGD led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.