HEGD vs ZIG
Swan Hedged Equity US Large Cap ETF vs The Acquirers Fund ETF
Which is better, HEGD or ZIG?
Each has led over a different period.
ZIG has a lower expense ratio. HEGD led over 3Y and 5Y, ZIG 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 | ZIG |
|---|---|---|
| Expense Ratio | 0.87% | 0.75%Best |
| AUM | $749M | $31M |
| Dividend Yield | 0.34% | 1.84% |
| Holdings | 26 | 97 |
| YTD Return | +6.89% | +8.11%Best |
| 1Y Return | +8.70% | +10.31%Best |
| 3Y Return (annualized) | +14.13%Best | +10.81% |
| 5Y Return (annualized) | +8.10%Best | +8.07% |
| Volatility (annualized) | 8.6%Best | 19.9% |
| Max Drawdown | -14.6%Best | -29.8% |
| $10,000 over 5 years | $14,761Best | $14,741 |
| Fund Family | Swan Capital Management | Acquirers Funds, LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 22, 2020 | May 14, 2019 |
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 15, 2026 (5.8 years).
HEGD vs ZIG 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.
HEGD vs ZIG Performance
Swan Hedged Equity US Large Cap ETF (HEGD) is an ETF from Swan Capital Management and The Acquirers Fund ETF (ZIG) is an ETF from Acquirers Funds, LLC. Over the past year HEGD returned +8.70% while ZIG returned +10.31%. Year to date, HEGD is up 6.89% versus a gain of 8.11% for ZIG.
Over three years, HEGD compounded at +14.13% per year against +10.81% for ZIG; over five years the annualized figures are +8.10% and +8.07% respectively. Across the full 6-year window we track, ZIG has the edge at +11.03% annualized vs +9.25%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ZIG has been the more volatile fund, with annualized monthly volatility of 19.9% 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 -29.8% for ZIG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HEGD charges 0.87% per year while ZIG charges 0.75%. On a $10,000 position that is $87 vs $75 annually, a gap of $12 per year that compounds over a long holding period. On income, HEGD currently yields 0.34% against 1.84% for ZIG.
Holdings Overlap
At least 0.1% of ZIG'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.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 2 positions we hold weights for in HEGD and 32 in ZIG, against full books of 26 and 97.
Top Shared Holdings
| Stock | Weight in HEGD | Weight in ZIG | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 0.35% | 0.08% | 0.27% |
You are not choosing between two funds in isolation.
Whichever of HEGD and ZIG 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 ZIG?
HEGD has an expense ratio of 0.87% while ZIG charges 0.75%. ZIG is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, HEGD or ZIG?
Over the past year HEGD returned +8.70% vs +10.31% for ZIG, so ZIG leads on 1-year performance. Over the longest common window we track (6 years), HEGD annualized +9.25% vs +11.03% for ZIG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HEGD or ZIG?
ZIG has been the more volatile fund at 19.9% annualized versus 8.6% for HEGD. Worst drawdown: HEGD -14.6% vs ZIG -29.8%.
Should I hold both HEGD and ZIG?
HEGD and ZIG have a monthly-return correlation of 0.68, 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 ZIG?
HEGD yields 0.34% while ZIG yields 1.84%, so ZIG currently pays the higher dividend yield.
Is ZIG better than HEGD?
ZIG has a lower expense ratio. HEGD led over 3Y and 5Y, ZIG over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.