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ETFs

Swan Hedged Equity US Large Cap ETF

HEGD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 22 2020
Expense Ratio
0.83%
Type
US Equities
Fund Owner
SWAN Global Investments
Volume (1m avg. daily)
$4,349,593
AUM
$181,134,775
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
92.44%
n/a
CBOE S&P PUT OPT 12/24 4600
3.76%
n/a
CBOE S&P PUT OPT 12/24 4500
1.74%
n/a
CBOE S&P PUT OPT 12/24 5000
1.57%
n/a
Cash & Other
1.12%
n/a
SPY OPTI CLL OPT 12/24 455
0.67%
n/a
CBOE S&P CLL OPT 12/24 5000
0.67%
n/a
SPY OPTI PUT OPT 12/24 375
0.46%
n/a
CBOE S&P PUT OPT 12/23 3950
0.41%
n/a
CBOE S&P PUT OPT 12/23 3550
0.14%
Invest with HEGD

What is HEGD?

The Fund is an actively-managed exchange-traded fund ( ETF ) that pursues its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) directly and indirectly through one or more other investment companies, including ETFs, in equity securities of large capitalization U.S. companies. Large capitalization companies are those within the range of capitalizations of the S&P 500 Index. In seeking to achieve its investment objective, the Fund also uses exchange-traded long-term put options on the S&P 500 Index for hedging purposes and exchange-traded put and call options on the S&P 500 Index (or exchange-traded funds seeking to track the S&P 500 Index) to seek to generate additional returns. The Fund may buy and sell put and call options. The Fund seeks to provide risk-managed growth of capital by matching or exceeding the long-term performance of the US large-cap equity market by minimizing large declines typically experienced during bear markets.

ETFs related toHEGD

ETFs correlated to HEGD include GAUG, GJUL, GJUN

HEGD
Listed Funds Trust - Swan Hedged Equity US Large Cap ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
GJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - June
SSUS
Strategy Shares - Day Hagan/Ned Davis Research Smart Sector ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
DFSU
Dimensional ETF Trust - Dimensional US Sustainability Core 1 ETF
ESGV
Vanguard Group, Inc. - Vanguard ESG U.S. Stock ETF
IQSU
IndexIQ ETF Trust - IQ Candriam U.S. Large Cap Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toHEGD

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

Create your own algorithmic trading strategy with HEGD using Composer

FAQ

HEGD is a US Equities ETF. The Fund is an actively-managed exchange-traded fund ( ETF ) that pursues its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) directly and indirectly through one or more other investment companies, including ETFs, in equity securities of large capitalization U.S. companies. Large capitalization companies are those within the range of capitalizations of the S&P 500 Index. In seeking to achieve its investment objective, the Fund also uses exchange-traded long-term put options on the S&P 500 Index for hedging purposes and exchange-traded put and call options on the S&P 500 Index (or exchange-traded funds seeking to track the S&P 500 Index) to seek to generate additional returns. The Fund may buy and sell put and call options. The Fund seeks to provide risk-managed growth of capital by matching or exceeding the long-term performance of the US large-cap equity market by minimizing large declines typically experienced during bear markets.

Yes, HEGD is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, HEGD is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on HEGD is -0.0098%. This is the percent change in the value of HEGD over the most recent 1-month period. The 3-month return on HEGD is 0.0018%. This is the percent change in the value of HEGD over the most recent 3-month period.

The standard deviation of HEGD for the past year is 0.105%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to HEGD include IVV, MDY, and IJR.

ETFs correlated to HEGD include GAUG, GJUL, and GJUN.

ETFs that are inversely correlated to HEGD include SH, SPXU, and SDS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.