HEQTvsSHDGETF Comparison
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Simplify Hedged Equity ETF (HEQT) and Soundwatch Hedged Equity ETF - USD (SHDG) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. HEQT is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.63% for SHDG. HEQT is up 4.48% year-to-date (YTD) with -$28M in YTD flows. SHDG performs worse with 1.02% YTD performance, and -$4M in YTD flows. Run a side-by-side ETF comparison of HEQT and SHDG below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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HEQT vs SHDG performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 06/12/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HEQT SHDG | +0.36%+0.80% | +5.17%+2.77% | +4.48%+1.02% | +13.43%+11.45% | +44.57%+41.65% | n/an/a |
| Flows | HEQT SHDG | -$8M-$2M | -$28M-$2M | -$28M-$4M | -$53M-$6M | +$142M+$12M | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HEQT SHDG | +6.81%+5.68% | +6.21%+7.46% | +7.61%+10.44% | n/an/a |
| Max drawdown | HEQT SHDG | -3.04%-3.58% | -5.27%-6.58% | -10.18%-15.48% | n/an/a |
| Max drawdown duration | HEQT SHDG | 21d27d | 49d130d | 149d153d | n/an/a |
Trading data
HEQT | SHDG | |
Last sale 6/12/2026 at 1:30 PM | $33.32 | $32.61 |
| Previous close 06/11/2026 | $33.24 | $32.58 |
| Consolidated volume 06/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 6/12/2026 at 1:30 PM
Live
Closed
HEQT | SHDG | |
|---|---|---|
| Last price | $33.32 | $32.61 |
| 1D performance | +0.24% | +0.12% |
| AuM | $315.13 M | $163.78 M |
| E/R | 0.2% | 0.63% |
Characteristics
HEQT | SHDG | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Simplify | Soundwatch Capital |
| Benchmark | - | - |
| N° of holdings | 478 | 478 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 2, 2021 | October 24, 2022 |
| ESG | No | No |
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Exposure
Countries
HEQT
USA
99.49%
Other
0.51%
SHDG
USA
100.12%
Other
-0.12%
Sectors
HEQT
Information Techn.
36.54%
Communication Ser.
11.24%
Consumer Discreti.
10.35%
Financials
10.13%
Health Care
8.57%
Industrials
8.27%
Other
14.89%
SHDG
Information Techn.
36.78%
Communication Ser.
11.31%
Consumer Discreti.
10.42%
Financials
10.19%
Health Care
8.63%
Industrials
8.32%
Other
14.35%
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Diversification
HEQT
Total weight of top 15 holdings out of 15
44.94%
SHDG
Total weight of top 15 holdings out of 15
45.23%
Top 15 holdings
Data as of April 30, 2026
HEQT
NVIDIA
8.03%
APPLE
6.60%
MICROSOFT-T
5.02%
AMAZON.COM INC
4.29%
ALPHABET INC-CL
3.71%
BROADCOM LIMITED
3.28%
ALPHABET INC-CL
2.96%
META PLATFORMS
2.22%
TESLA
1.78%
BERKSHIRE HATHWAY
1.44%
JPMORGAN CHASE
1.40%
LILLY
1.23%
EXXON
1.07%
MICRON TECHNOLOGY
0.96%
WALMART INC
0.96%
SHDG
NVIDIA
8.09%
APPLE
6.64%
MICROSOFT-T
5.05%
AMAZON.COM INC
4.32%
ALPHABET INC-CL
3.74%
BROADCOM LIMITED
3.30%
ALPHABET INC-CL
2.98%
META PLATFORMS
2.23%
TESLA
1.79%
BERKSHIRE HATHWAY
1.45%
JPMORGAN CHASE
1.41%
LILLY
1.23%
EXXON
1.08%
MICRON TECHNOLOGY
0.97%
WALMART INC
0.96%
Frequently asked questions about HEQT and SHDG
How have the HEQT and SHDG ETFs performed in 2026?
As of June 12, 2026, HEQT is up 4.48% year-to-date (YTD), while SHDG has returned 1.02%. That puts HEQT better performer ahead so far this year.
Which ETF is attracting more investor money: HEQT or SHDG?
Year-to-date, the HEQT ETF saw -$28M in flows, compared to -$4M for SHDG.
Which ETF is more volatile: HEQT or SHDG?
Over the past year, HEQT had a volatility of 6.21%, while SHDG experienced 7.46%.
Which ETF is bigger: HEQT or SHDG?
As of June 12, 2026, HEQT holds $315.13 M in assets under management (AUM), while SHDG manages $163.78 M.
What sectors do the HEQT and SHDG ETFs invest in?
HEQT leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, SHDG focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the HEQT ETF and SHDG ETF?
HEQT top holdings include NVIDIA, APPLE and MICROSOFT-T. SHDG holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: HEQT or SHDG?
HEQT holds 504 securities with 44.94% of its assets in the top 15. SHDG has 504 securities and a top 15 weight of 45.23%.
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Latest news about HEQT & SHDG
Tony’s ETF Buyer’s Guide: Hedged Equity ETFs
February 10, 2026
HEQT
Hedged Equity ETFs: Options-Based Alternatives to the 60/40 Portfolio
March 25, 2025
HEQT
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