HEDG vs XJAN
Equable Shares Hedged Equity ETF vs FT Vest US Equity Enhance & Moderate Buffer ETF - January
Which is better, HEDG or XJAN?
HEDG has been ahead.
XJAN has a lower expense ratio. HEDG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90.
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 | HEDG | XJAN |
|---|---|---|
| Expense Ratio | 0.96% | 0.85%Best |
| AUM | $465M | $71M |
| Dividend Yield | 2.78% | 0.00% |
| Holdings | 10 | 12 |
| YTD Return | +6.78% | +7.00%Best |
| 1Y Return | +10.34%Best | +9.59% |
| Volatility (annualized) | 3.6%Best | 5.1% |
| Max Drawdown | -3.9%Best | -4.0% |
| $10,000 over 1 years | $11,015Best | $10,939 |
| Fund Family | Equable Shares | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Oct 13, 2025 | Jan 22, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Oct 13, 2025 to Oct 14, 2026 (1 years).
HEDG vs XJAN 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 1 years both funds cover.
HEDG vs XJAN Performance
Equable Shares Hedged Equity ETF (HEDG) is an ETF from Equable Shares and FT Vest US Equity Enhance & Moderate Buffer ETF - January (XJAN) is an ETF from First Trust Portfolios (US). Over the past year HEDG returned +10.34% while XJAN returned +9.59%. Year to date, HEDG is up 6.78% versus a gain of 7.00% for XJAN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XJAN has been the more volatile fund, with annualized monthly volatility of 5.1% compared with 3.6% for HEDG. 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 -3.9% for HEDG and -4.0% for XJAN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HEDG charges 0.96% per year while XJAN charges 0.85%. On a $10,000 position that is $96 vs $85 annually, a gap of $11 per year that compounds over a long holding period. On income, HEDG currently yields 2.78% against 0.00% for XJAN.
You are not choosing between two funds in isolation.
Whichever of HEDG and XJAN 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, HEDG or XJAN?
HEDG has an expense ratio of 0.96% while XJAN charges 0.85%. XJAN is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, HEDG or XJAN?
Over the past year HEDG returned +10.34% vs +9.59% for XJAN, so HEDG leads on 1-year performance. Over the longest common window we track (1 years), HEDG annualized +10.15% vs +9.39% for XJAN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HEDG or XJAN?
XJAN has been the more volatile fund at 5.1% annualized versus 3.6% for HEDG. Worst drawdown: HEDG -3.9% vs XJAN -4.0%.
Should I hold both HEDG and XJAN?
HEDG and XJAN have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, HEDG or XJAN?
HEDG yields 2.78% while XJAN yields 0.00%, so HEDG currently pays the higher dividend yield.
Is XJAN better than HEDG?
XJAN has a lower expense ratio. HEDG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.