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HEQTvsSPYTETF Comparison
Simplify Hedged Equity ETF (HEQT) and Defiance S&P 500 Target Income ETF (SPYT) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Financials. HEQT is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.92% for SPYT. HEQT is up 0.41% year-to-date (YTD) with -$32K in YTD flows. SPYT performs worse with -1.89% YTD performance, and +$18M in YTD flows. Run a side-by-side ETF comparison of HEQT and SPYT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
HEQT vs SPYT performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HEQT SPYT | -1.20%-1.86% | +0.22%-1.48% | +0.41%-1.89% | +13.46%+16.60% | +50.66%n/a | n/an/a |
| Flows | HEQT SPYT | -$10M+$5M | -$32K+$33M | -$32K+$18M | -$101M+$54M | +$170M- | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HEQT SPYT | +6.77%+10.40% | +7.64%+17.23% | +7.65%n/a | n/an/a |
| Max drawdown | HEQT SPYT | -1.78%-3.52% | -5.70%-13.42% | -10.18%n/a | n/an/a |
| Max drawdown duration | HEQT SPYT | 14d38d | 45d45d | 149dn/a | n/an/a |
HEQT | SPYT | |
Last sale 3/13/2026 at 1:30 PM | $31.65 | $16.48 |
| Previous close 03/12/2026 | $31.78 | $16.56 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
HEQT | SPYT | |
|---|---|---|
| Last price | $31.65 | $16.48 |
| 1D performance | -0.41% | -0.48% |
| AuM | $331.95 M | $144.21 M |
| E/R | 0.2% | 0.92% |
HEQT | SPYT | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Simplify | Defiance ETFs |
| Benchmark | - | - |
| N° of holdings | 479 | 479 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 2, 2021 | March 5, 2024 |
| 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 HEQT and SPYT ETFs performed in 2026?
As of March 11, 2026, HEQT is up 0.41% year-to-date (YTD), while SPYT has lost -1.89%. That puts HEQT better performer ahead so far this year.
Which ETF is attracting more investor money: HEQT or SPYT?
Year-to-date, the HEQT ETF saw -$32K in flows, compared to +$18M for SPYT.
Which ETF is more volatile: HEQT or SPYT?
Over the past year, HEQT had a volatility of 7.64%, while SPYT experienced 17.23%.
Which ETF is bigger: HEQT or SPYT?
As of March 11, 2026, HEQT holds $331.95 M in assets under management (AUM), while SPYT manages $144.21 M.
What sectors do the HEQT and SPYT ETFs invest in?
HEQT leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, SPYT focuses on Information Technology, Communication Services and Financials.
What are the top holdings of the HEQT ETF and SPYT ETF?
HEQT top holdings include NVIDIA, APPLE and MICROSOFT-T. SPYT holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: HEQT or SPYT?
HEQT holds 504 securities with 44.25% of its assets in the top 15. SPYT has 504 securities and a top 15 weight of 43.79%.
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