Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
HEGDvsOVLHETF Comparison
Swan Hedged Equity US Large Cap ETF (HEGD) and Overlay Shares Hedged Large Cap Equity ETF (OVLH) belong to the same industry segment: Options Strategies. HEGD's top 3 sector exposures are Information Technology, Communication Services and Financials. In contrast, OVLH's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. HEGD is more expensive with a Total Expense Ratio (TER) of 0.88%, versus 0.85% for OVLH. HEGD is down -1.13% year-to-date (YTD) with +$10M in YTD flows. OVLH performs worse with -2.08% YTD performance, and -$3M in YTD flows. Run a side-by-side ETF comparison of HEGD and OVLH below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
HEGD vs OVLH performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HEGD OVLH | -1.45%-1.92% | -1.07%-2.03% | -1.13%-2.08% | +15.00%+17.29% | +48.51%+58.46% | +46.65%+51.26% |
| Flows | HEGD OVLH | -$7M-$772K | +$14M-$2M | +$10M-$3M | +$187M+$51M | +$389M-$18M | +$487M+$69M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HEGD OVLH | +6.04%+7.87% | +8.33%+9.90% | +8.15%+9.63% | +9.17%+11.27% |
| Max drawdown | HEGD OVLH | -2.33%-3.49% | -4.69%-5.00% | -8.39%-9.59% | -14.21%-20.03% |
| Max drawdown duration | HEGD OVLH | 45d45d | 36d29d | 124d134d | 721d771d |
HEGD | OVLH | |
Last sale 3/13/2026 at 1:30 PM | $24.94 | $38.49 |
| Previous close 03/12/2026 | $25.03 | $38.64 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
HEGD | OVLH | |
|---|---|---|
| Last price | $24.94 | $38.49 |
| 1D performance | -0.36% | -0.39% |
| AuM | $604.50 M | $98.18 M |
| E/R | 0.88% | 0.85% |
HEGD | OVLH | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Swan Capital Management | Overlay Shares |
| Benchmark | - | - |
| N° of holdings | 479 | 479 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 23, 2020 | January 15, 2021 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the HEGD and OVLH ETFs performed in 2026?
As of March 13, 2026, HEGD is down -1.13% year-to-date (YTD), while OVLH has lost -2.08%. That puts HEGD better performer ahead so far this year.
Which ETF is attracting more investor money: HEGD or OVLH?
Year-to-date, the HEGD ETF saw +$10M in flows, compared to -$3M for OVLH.
Which ETF is more volatile: HEGD or OVLH?
Over the past year, HEGD had a volatility of 8.33%, while OVLH experienced 9.9%.
Which ETF is bigger: HEGD or OVLH?
As of March 13, 2026, HEGD holds $604.50 M in assets under management (AUM), while OVLH manages $98.18 M.
What sectors do the HEGD and OVLH ETFs invest in?
HEGD leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, OVLH focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the HEGD ETF and OVLH ETF?
HEGD top holdings include NVIDIA, APPLE and MICROSOFT-T. OVLH holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: HEGD or OVLH?
HEGD holds 502 securities with 39.41% of its assets in the top 15. OVLH has 503 securities and a top 15 weight of 43.08%.
Have you tried our ETF Compare tool?
Compare ETFs like a pro. Analyze fees, performance, exposure & holdings side-by-side.