HEGD vs SECT

HEGD vs SECT

Which is better, HEGD or SECT?

SECT has been ahead.

SECT has a lower expense ratio. SECT led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92.

Lower Fees: SECTHigher Returns: SECT

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

MetricHEGDSECT
Expense Ratio0.87%0.69%Best
AUM$749M$2.9B
Dividend Yield0.34%0.69%
Holdings2619
YTD Return+6.59%+10.58%Best
1Y Return+8.56%+14.28%Best
3Y Return (annualized)+14.04%+18.91%Best
5Y Return (annualized)+8.16%+11.81%Best
Volatility (annualized)8.6%Best14.9%
Max Drawdown-14.6%Best-21.7%
$10,000 over 5 years$14,802$17,474Best
Fund FamilySwan Capital ManagementMain Management ETF Advisors, LLC
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionDec 22, 2020Sep 5, 2017

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Dec 23, 2020 to Oct 14, 2026 (5.8 years).

HEGD vs SECT 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 5.8 years both funds cover.

Compare HEGD against instead:HEGD vs SPYHEGD vs QQQHEGD vs VOOHEGD vs VTISECT against:SECT vs VXUS

HEGD vs SECT Performance

Swan Hedged Equity US Large Cap ETF (HEGD) is an ETF from Swan Capital Management and Main Sector Rotation ETF (SECT) is an ETF from Main Management ETF Advisors, LLC. Over the past year HEGD returned +8.56% while SECT returned +14.28%. Year to date, HEGD is up 6.59% versus a gain of 10.58% for SECT.

Over three years, HEGD compounded at +14.04% per year against +18.91% for SECT; over five years the annualized figures are +8.16% and +11.81% respectively. Across the full 6-year window we track, SECT has the edge at +13.76% annualized vs +9.20%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SECT has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 8.6% 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 -14.6% for HEGD and -21.7% for SECT. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

HEGD charges 0.87% per year while SECT charges 0.69%. On a $10,000 position that is $87 vs $69 annually, a gap of $18 per year that compounds over a long holding period. On income, HEGD currently yields 0.34% against 0.69% for SECT.

Holdings Overlap

We hold position weights for 2 holdings in HEGD and 10 in SECT, totalling 93.6% and 100.0% 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 2 positions we hold weights for in HEGD and 10 in SECT, against full books of 26 and 19.

You are not choosing between two funds in isolation.

Whichever of HEGD and SECT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

HEGDSECT

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, HEGD or SECT?

HEGD has an expense ratio of 0.87% while SECT charges 0.69%. SECT is the cheaper option, by $18 a year on a $10,000 investment.

Which performed better, HEGD or SECT?

Over the past year HEGD returned +8.56% vs +14.28% for SECT, so SECT leads on 1-year performance. Over the longest common window we track (6 years), HEGD annualized +9.20% vs +13.76% for SECT. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, HEGD or SECT?

SECT has been the more volatile fund at 14.9% annualized versus 8.6% for HEGD. Worst drawdown: HEGD -14.6% vs SECT -21.7%.

Should I hold both HEGD and SECT?

HEGD and SECT have a monthly-return correlation of 0.92, 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, HEGD or SECT?

HEGD yields 0.34% while SECT yields 0.69%, so SECT currently pays the higher dividend yield.

Is SECT better than HEGD?

SECT has a lower expense ratio. SECT led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.