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ETFs

Simplify Hedged Equity ETF

HEQT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 1, 2021
Expense Ratio
0.53%
Type
US Equities
Fund Owner
Simplify ETF
Volume (1m avg. daily)
$455,032
AUM
$111,088,774
Associated Index
SPDR S&P 500 ETF Trust
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
99.87%
n/a
SPX US 12/15/23 P4285 Index
0.72%
n/a
SPX US 10/20/23 P4310 Index
0.45%
n/a
SPX US 11/17/23 P4150 Index
0.33%
n/a
Cash
0.13%
n/a
SPX US 10/20/23 C4750 Index
-0.00%
n/a
SPX US 10/20/23 P3625 Index
-0.02%
n/a
SPX US 11/17/23 P3500 Index
-0.04%
n/a
SPX US 12/15/23 C4730 Index
-0.06%
n/a
SPX US 12/15/23 P3600 Index
-0.09%
Invest with HEQT

What is HEQT?

The Simplify Hedged Equity ETF seeks to provide capital appreciation by fully investing in an S&P 500 ETF and simultaneously investing in a series of put-spread collars designed to help reduce volatility.

ETFs related toHEQT

ETFs correlated to HEQT include GAUG, XAUG, ESGU

HEQT
Simplify Exchange Traded Funds - Simplify Hedged Equity ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
ESGU
iShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF
LCTU
BlackRock ETF Trust - BlackRock U.S. Carbon Transition Readiness ETF
DFUS
Dimensional ETF Trust - Dimensional U.S. Equity ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index 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 toHEQT

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with HEQT using Composer

News Related to HEQT

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Apr 5, 2021 • by Renato Capelj
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Aug 13, 2018 • by Charles Gross
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FAQ

HEQT is a US Equities ETF. The Simplify Hedged Equity ETF seeks to provide capital appreciation by fully investing in an S&P 500 ETF and simultaneously investing in a series of put-spread collars designed to help reduce volatility.

HEQT tracks the SPDR S&P 500 ETF Trust.

No, HEQT is not actively managed. It is passively 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.

Yes, HEQT is passively 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 HEQT is -0.0028%. This is the percent change in the value of HEQT over the most recent 1-month period. The 3-month return on HEQT is 0.0049%. This is the percent change in the value of HEQT over the most recent 3-month period.

The standard deviation of HEQT for the past year is 0.0937%. 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 HEQT include DJUL, DAUG, and FAUG.

ETFs correlated to HEQT include GAUG, XAUG, and ESGU.

ETFs that are inversely correlated to HEQT include SDS, SPDN, and SPXS.

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.