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SPDvsHEQTETF Comparison
Simplify US Equity PLUS Downside Convexity ETF (SPD) and Simplify Hedged Equity ETF (HEQT) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Financials. SPD is more expensive with a Total Expense Ratio (TER) of 0.53%, versus 0.2% for HEQT. SPD is down -3.14% year-to-date (YTD) with -$8M in YTD flows. HEQT performs better with 0.41% YTD performance, and -$32K in YTD flows. Run a side-by-side ETF comparison of SPD and HEQT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
SPD vs HEQT performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SPD HEQT | -3.31%-1.20% | -4.33%+0.22% | -3.14%+0.41% | +22.78%+13.46% | +62.79%+50.66% | +44.73%n/a |
| Flows | SPD HEQT | -$7M-$10M | +$133K-$32K | -$8M-$32K | -$10M-$101M | -$129M+$170M | +$44M- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SPD HEQT | +12.01%+6.77% | +23.59%+7.64% | +16.79%+7.65% | +16.08%n/a |
| Max drawdown | SPD HEQT | -4.90%-1.78% | -7.12%-5.70% | -14.87%-10.18% | -26.93%n/a |
| Max drawdown duration | SPD HEQT | 76d14d | 134d45d | 98d149d | 897dn/a |
SPD | HEQT | |
Last sale 3/13/2026 at 1:30 PM | $37.32 | $31.65 |
| Previous close 03/12/2026 | $37.60 | $31.78 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
SPD | HEQT | |
|---|---|---|
| Last price | $37.32 | $31.65 |
| 1D performance | -0.74% | -0.41% |
| AuM | $105.45 M | $331.95 M |
| E/R | 0.53% | 0.2% |
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 SPD and HEQT ETFs performed in 2026?
As of March 11, 2026, SPD is down -3.14% year-to-date (YTD), while HEQT has returned 0.41%. That puts HEQT better performer ahead so far this year.
Which ETF is attracting more investor money: SPD or HEQT?
Year-to-date, the SPD ETF saw -$8M in flows, compared to -$32K for HEQT.
Which ETF is more volatile: SPD or HEQT?
Over the past year, SPD had a volatility of 23.59%, while HEQT experienced 7.64%.
Which ETF is bigger: SPD or HEQT?
As of March 11, 2026, SPD holds $105.45 M in assets under management (AUM), while HEQT manages $331.95 M.
What sectors do the SPD and HEQT ETFs invest in?
SPD leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, HEQT focuses on Information Technology, Communication Services and Financials.
What are the top holdings of the SPD ETF and HEQT ETF?
SPD top holdings include NVIDIA, APPLE and MICROSOFT-T. HEQT holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: SPD or HEQT?
SPD holds 504 securities with 43.67% of its assets in the top 15. HEQT has 504 securities and a top 15 weight of 44.25%.
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