HEGD vs SVOL
Swan Hedged Equity US Large Cap ETF vs Simplify Volatility Premium ETF
Which is better, HEGD or SVOL?
Each has led over a different period.
SVOL has a lower expense ratio. HEGD led over 3Y and 5Y, SVOL 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 | HEGD | SVOL |
|---|---|---|
| Expense Ratio | 0.87% | 0.66%Best |
| AUM | $749M | $530M |
| Dividend Yield | 0.34% | 21.23% |
| Holdings | 26 | 109 |
| YTD Return | +6.59% | +11.39%Best |
| 1Y Return | +8.56% | +17.01%Best |
| 3Y Return (annualized) | +14.04%Best | +8.93% |
| 5Y Return (annualized) | +8.16%Best | +7.72% |
| Volatility (annualized) | 8.8%Best | 13.4% |
| Max Drawdown | -14.6%Best | -33.5% |
| $10,000 over 5 years | $14,802Best | $14,504 |
| Fund Family | Swan Capital Management | Simplify Exchange Traded Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 22, 2020 | May 12, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 13, 2021 to Oct 14, 2026 (5.4 years).
HEGD vs SVOL 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 5.4 years both funds cover.
HEGD vs SVOL Performance
Swan Hedged Equity US Large Cap ETF (HEGD) is an ETF from Swan Capital Management and Simplify Volatility Premium ETF (SVOL) is an ETF from Simplify Exchange Traded Funds. Over the past year HEGD returned +8.56% while SVOL returned +17.01%. Year to date, HEGD is up 6.59% versus a gain of 11.39% for SVOL.
Over three years, HEGD compounded at +14.04% per year against +8.93% for SVOL; over five years the annualized figures are +8.16% and +7.72% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SVOL has been the more volatile fund, with annualized monthly volatility of 13.4% compared with 8.8% 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 -33.5% for SVOL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HEGD charges 0.87% per year while SVOL charges 0.66%. On a $10,000 position that is $87 vs $66 annually, a gap of $21 per year that compounds over a long holding period. On income, HEGD currently yields 0.34% against 21.23% for SVOL.
Holdings Overlap
We hold position weights for 2 holdings in HEGD and 10 in SVOL, totalling 93.6% and 48.8% 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 SVOL, against full books of 26 and 109.
You are not choosing between two funds in isolation.
Whichever of HEGD and SVOL 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, HEGD or SVOL?
HEGD has an expense ratio of 0.87% while SVOL charges 0.66%. SVOL is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, HEGD or SVOL?
Over the past year HEGD returned +8.56% vs +17.01% for SVOL, so SVOL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HEGD or SVOL?
SVOL has been the more volatile fund at 13.4% annualized versus 8.8% for HEGD. Worst drawdown: HEGD -14.6% vs SVOL -33.5%.
Should I hold both HEGD and SVOL?
HEGD and SVOL have a monthly-return correlation of 0.69, 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, HEGD or SVOL?
HEGD yields 0.34% while SVOL yields 21.23%, so SVOL currently pays the higher dividend yield.
Is SVOL better than HEGD?
SVOL has a lower expense ratio. HEGD led over 3Y and 5Y, SVOL over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.