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HEGDvsSPYMETF Comparison
Swan Hedged Equity US Large Cap ETF (HEGD) belongs to the Options Strategies segment. State Street SPDR Portfolio S&P 500 ETF (SPYM) is part of the US Large Cap segment. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Financials. HEGD is more expensive with a Total Expense Ratio (TER) of 0.88%, versus 0.02% for SPYM. HEGD is down -0.04% year-to-date (YTD) with +$8M in YTD flows. SPYM performs worse with -0.7% YTD performance, and +$10.72B in YTD flows. Run a side-by-side ETF comparison of HEGD and SPYM 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 SPYM performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HEGD SPYM | -1.08%-2.18% | -0.77%-1.24% | -0.04%-0.70% | +15.06%+22.29% | +50.21%+82.98% | +50.10%+86.85% |
| Flows | HEGD SPYM | -$7M+$1.60B | +$15M+$8.48B | +$8M+$10.72B | +$185M+$37.05B | +$387M+$68.55B | +$489M+$75.05B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HEGD SPYM | +6.03%+11.52% | +8.34%+18.18% | +8.14%+14.78% | +9.16%+16.81% |
| Max drawdown | HEGD SPYM | -1.80%-3.28% | -4.69%-13.70% | -8.39%-18.74% | -14.21%-24.50% |
| Max drawdown duration | HEGD SPYM | 12d42d | 36d45d | 124d126d | 721d708d |
HEGD | SPYM | |
Last sale 3/11/2026 at 1:30 PM | $25.18 | |
| Previous close 03/10/2026 | $25.24 | |
| Consolidated volume 03/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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HEGD | SPYM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
HEGD | SPYM | |
|---|---|---|
| Last price | $25.18 | – |
| 1D performance | -0.23% | – |
| AuM | $608.89 M | $106.65 B |
| E/R | 0.88% | 0.02% |
HEGD | SPYM | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Swan Capital Management | SPDR |
| Benchmark | - | S&P 500 Index |
| N° of holdings | 479 | 479 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 23, 2020 | November 8, 2005 |
| 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 SPYM ETFs performed in 2026?
As of March 10, 2026, HEGD is down -0.04% year-to-date (YTD), while SPYM has lost -0.7%. That puts HEGD better performer ahead so far this year.
Which ETF is attracting more investor money: HEGD or SPYM?
Year-to-date, the HEGD ETF saw +$8M in flows, compared to +$10.72B for SPYM.
Which ETF is more volatile: HEGD or SPYM?
Over the past year, HEGD had a volatility of 8.34%, while SPYM experienced 18.18%.
Which ETF is bigger: HEGD or SPYM?
As of March 10, 2026, HEGD holds $608.89 M in assets under management (AUM), while SPYM manages $106.65 B.
What sectors do the HEGD and SPYM ETFs invest in?
HEGD leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, SPYM focuses on Information Technology, Communication Services and Financials.
What are the top holdings of the HEGD ETF and SPYM ETF?
HEGD top holdings include NVIDIA, APPLE and MICROSOFT-T. SPYM holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: HEGD or SPYM?
HEGD holds 502 securities with 39.41% of its assets in the top 15. SPYM has 503 securities and a top 15 weight of 44.01%.
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