HEQT: Simplify Hedged Equity ETF
About
HEQT was created on 2021-11-01 by Simplify. The fund's investment portfolio concentrates primarily on large cap equity. HEQT seeks capital appreciation by investing in ETFs that track the S&P 500 Index", while employing an options collar strategy. Each collar consists of an approximately 5% to 20% out-of-the-money put-spread.
Current Value
$29.511 Year Return
Current Value
$29.511 Year Return
Key Details
Assets Under Management
$254.30M
Div Yield %
3.64%
P/E Ratio
-
Net Asset Value
$29.49
Expense Ratio
0.53%
1Y ETF Return
0.22%
Strategies that include HEQT
Stock's related to HEQT
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LITE | 55.94% | $5.67B | +92.08% | 0.00% |
| ATR | 45.76% | $11.11B | +30.48% | 1.03% |
| UEC | 45.69% | $3.54B | +34.59% | 0.00% |
| VST | 43.34% | $52.69B | +349.00% | 0.56% |
| NXE | 42.07% | $4.79B | +29.91% | 0.00% |
| CAAP | 41.45% | $3.17B | +55.32% | 0.00% |
| NRG | 38.58% | $19.22B | +109.87% | 1.71% |
| SNAP | 37.10% | $17.63B | -12.85% | 0.00% |
| ERJ | 37.06% | $6.92B | +134.10% | 0.00% |
| HROW | 36.19% | $1.41B | +330.59% | 0.00% |
| LW | 35.12% | $10.70B | -23.51% | 1.93% |
| BMA | 34.45% | $5.08B | +232.03% | 6.53% |
| PAM | 33.25% | $4.32B | +86.28% | 0.00% |
| ECL | 33.25% | $69.18B | +30.92% | 0.93% |
| CEPU | 32.61% | $2.07B | +87.28% | 0.00% |
| ALLT | 31.93% | $149.73M | +186.40% | 0.00% |
| GGAL | 31.44% | $6.81B | +291.69% | 0.50% |
| CMBT | 28.79% | $2.46B | -29.63% | 13.05% |
| ATGE | 28.20% | $3.29B | +55.26% | 0.00% |
| SBUX | 27.88% | $111.45B | -5.15% | 2.37% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| BNED | -0.04% | $277.22M | -91.94% | 0.00% |
| PGR | 0.07% | $149.10B | +57.29% | 0.45% |
| NARI | 0.14% | $2.98B | -11.66% | 0.00% |
| CTMX | 0.51% | $69.86M | -31.59% | 0.00% |
| TCTM | -0.59% | $8.10M | -42.99% | 0.00% |
| FDP | 0.63% | $1.62B | +45.67% | 2.97% |
| JNJ | 0.74% | $368.37B | +1.24% | 3.18% |
| UUU | 0.75% | $4.97M | -41.89% | 0.00% |
| T | 0.87% | $163.09B | +40.40% | 4.87% |
| PPC | 1.01% | $12.38B | +100.96% | 0.00% |
| LMT | -1.08% | $126.40B | +18.99% | 2.36% |
| VSTA | 1.11% | $204.94M | -39.33% | 0.00% |
| SYRS | 1.18% | $7.43M | -90.46% | 0.00% |
| CCEC | 1.23% | $1.02B | +28.03% | 3.26% |
| STG | -1.25% | $35.67M | +7.92% | 0.00% |
| CAH | 1.29% | $28.64B | +12.14% | 1.70% |
| HUM | -1.29% | $33.45B | -45.22% | 1.25% |
| OXBR | 1.45% | $19.05M | +178.18% | 0.00% |
| COR | -1.47% | $47.48B | +21.20% | 0.86% |
| SJM | 1.54% | $11.91B | -0.25% | 3.82% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CBOE | -20.86% | $21.46B | +15.84% | 1.11% |
| CPB | -14.19% | $12.96B | +7.08% | 3.40% |
| HUSA | -13.26% | $16.69M | -11.56% | 0.00% |
| GIS | -12.75% | $34.85B | -2.91% | 3.78% |
| K | -12.69% | $27.77B | +52.50% | 2.79% |
| QTTB | -9.44% | $354.34M | +188.64% | 0.00% |
| PRPO | -9.08% | $9.10M | -13.65% | 0.00% |
| HE | -7.82% | $1.82B | -17.47% | 0.00% |
| MCK | -7.56% | $78.15B | +35.51% | 0.42% |
| LTM | -6.28% | $8.51B | -100.00% | <0.01% |
| CHD | -6.17% | $27.18B | +19.50% | 1.03% |
| IMNN | -5.35% | $10.02M | -22.89% | 0.00% |
| CME | -5.13% | $82.76B | +9.21% | 1.98% |
| MNR | -4.02% | $1.66B | -10.71% | 15.90% |
| ED | -3.82% | $33.59B | +7.16% | 3.43% |
| CYCN | -3.32% | $4.77M | -16.19% | 0.00% |
| PG | -3.26% | $402.15B | +14.14% | 2.33% |
| NHTC | -2.67% | $61.83M | +0.19% | 14.81% |
| QXO | -2.18% | $6.51B | -35.95% | 0.00% |
| ASPS | -1.93% | $22.36M | -80.26% | 0.00% |
ETF's related to HEQT
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| USPX | 92.99% | $1.17B | 0.03% |
| SPYI | 92.57% | $2.33B | 0.68% |
| ILCB | 92.48% | $1.18B | 0.03% |
| HELO | 92.41% | $1.91B | 0.5% |
| VOTE | 92.31% | $713.10M | 0.05% |
| TSPA | 92.27% | $1.06B | 0.34% |
| QQA | 92.25% | $135.01M | 0% |
| EFIV | 92.13% | $1.60B | 0.1% |
| SNPE | 91.96% | $1.64B | 0.1% |
| LCTU | 91.91% | $1.26B | 0.14% |
| XLSR | 91.62% | $643.89M | 0.7% |
| USSG | 91.46% | $959.04M | 0.09% |
| SFY | 91.38% | $893.06M | 0.05% |
| ISPY | 91.32% | $370.11M | 0.55% |
| UDIV | 91.07% | $38.94M | 0.06% |
| FQAL | 90.87% | $1.09B | 0.15% |
| PLDR | 90.61% | $676.26M | 0.59% |
| STRV | 90.58% | $712.18M | 0.0545% |
| SUSL | 90.56% | $997.53M | 0.1% |
| EPS | 90.48% | $1.04B | 0.08% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| TPMN | -0.36% | $40.60M | 0.65% |
| TBIL | -0.54% | $4.38B | 0.15% |
| SGOV | 0.67% | $27.53B | 0.09% |
| IBTL | 0.87% | $239.96M | 0.07% |
| TYA | 0.92% | $124.05M | 0.17% |
| SPTS | 1.00% | $5.71B | 0.03% |
| ULST | 1.07% | $535.47M | 0.2% |
| IBTE | -1.11% | $1.70B | 0.07% |
| IVOL | -1.16% | $548.70M | 1.02% |
| HYMU | 1.45% | $232.71M | 0.35% |
| UTEN | 1.57% | $149.75M | 0.15% |
| MINT | 1.75% | $11.62B | 0.35% |
| WEAT | -1.83% | $120.27M | 0.28% |
| SHV | -1.89% | $18.13B | 0.15% |
| SOYB | 2.00% | $27.32M | 0.22% |
| CORN | -2.02% | $61.12M | 0.2% |
| BOXX | 2.55% | $4.43B | 0.1949% |
| FTSD | 2.65% | $171.68M | 0.25% |
| UTWO | 2.73% | $447.63M | 0.15% |
| ICSH | 3.10% | $5.57B | 0.08% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| VIXY | -69.47% | $195.31M | 0.85% |
| TAIL | -61.77% | $67.98M | 0.59% |
| BTAL | -52.82% | $388.04M | 1.43% |
| UUP | -28.08% | $309.25M | 0.77% |
| USDU | -16.95% | $201.97M | 0.5% |
| CTA | -16.07% | $350.27M | 0.78% |
| KMLM | -12.33% | $353.87M | 0.9% |
| XHLF | -12.27% | $874.27M | 0.03% |
| XONE | -11.67% | $548.88M | 0.03% |
| CCOR | -9.63% | $109.04M | 1.18% |
| XBIL | -8.63% | $637.70M | 0.15% |
| CGSM | -8.40% | $514.53M | 0.25% |
| SHYD | -8.37% | $311.50M | 0.35% |
| JUCY | -7.77% | $324.29M | 0.6% |
| HDRO | -6.27% | $164.26M | 0.3% |
| BILZ | -5.82% | $563.02M | 0.14% |
| TBLL | -4.01% | $1.92B | 0.08% |
| CLOI | -3.41% | $715.40M | 0.4% |
| CORN | -2.02% | $61.12M | 0.2% |
| SHV | -1.89% | $18.13B | 0.15% |
News
SeekingAlpha
ACIO is a hedged equity ETF that aims to mimic the S&P 500 but with fewer stocks. Read why we prefer ACIO over an outright SPY position right now.
SeekingAlpha
HEQT ETF provides conservative investors with equity exposure while limiting downside risks through put-spread collars. See why I reiterate buy rating on HEQT.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.