SPUCvsHEQTETF Comparison
VS
Simplify US Equity PLUS Upside Convexity ETF (SPUC) 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, Financials and Communication Services. SPUC is more expensive with a Total Expense Ratio (TER) of 0.53%, versus 0.2% for HEQT. SPUC is up 4.09% year-to-date (YTD) with +$2M in YTD flows. HEQT performs worse with 2.95% YTD performance, and -$18M in YTD flows. Run a side-by-side ETF comparison of SPUC 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.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
SPUC vs HEQT performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/27/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SPUC HEQT | +11.94%+6.38% | +1.17%+1.37% | +4.09%+2.95% | +42.10%+16.55% | +89.80%+46.75% | +81.71%n/a |
| Flows | SPUC HEQT | +$2M-$13M | +$2M-$24M | +$2M-$18M | -$20M-$127M | +$86M+$154M | +$86M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SPUC HEQT | +16.39%+8.25% | +18.36%+6.32% | +21.36%+7.67% | +21.99%n/a |
| Max drawdown | SPUC HEQT | -10.00%-5.27% | -10.91%-5.27% | -27.97%-10.18% | -29.26%n/a |
| Max drawdown duration | SPUC HEQT | 78d49d | 176d49d | 210d149d | 766dn/a |
Trading data
SPUC | HEQT | |
Last sale 4/28/2026 at 1:30 PM | $47.49 | $32.80 |
| Previous close 04/28/2026 | $47.79 | $32.80 |
| Consolidated volume 04/28/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 4/28/2026 at 1:30 PM
Live
Closed
SPUC | HEQT | |
|---|---|---|
| Last price | $47.49 | $32.80 |
| 1D performance | -0.63% | -0.01% |
| AuM | $109.96 M | $320.39 M |
| E/R | 0.53% | 0.2% |
Advertisement
Exposure
Countries
SPUC
USA
94.01%
Other
5.99%
HEQT
USA
95.9%
Other
4.1%
Sectors
SPUC
Information Techn.
32.86%
Financials
10.06%
Communication Ser.
9.91%
Consumer Discreti.
9.7%
Health Care
9.03%
Industrials
8.06%
Other
20.38%
HEQT
Information Techn.
33.52%
Financials
10.26%
Communication Ser.
10.11%
Consumer Discreti.
9.89%
Health Care
9.21%
Industrials
8.22%
Other
18.78%
Advertisement
Diversification
SPUC
Total weight of top 15 holdings out of 15
41.16%
HEQT
Total weight of top 15 holdings out of 15
41.99%
Top 15 holdings
Data as of March 31, 2026
SPUC
NVIDIA
7.34%
APPLE
6.45%
MICROSOFT-T
4.76%
AMAZON.COM INC
3.52%
ALPHABET INC-CL
2.90%
BROADCOM LIMITED
2.54%
ALPHABET INC-CL
2.32%
META PLATFORMS
2.17%
TESLA
1.81%
BERKSHIRE HATHWAY
1.52%
JPMORGAN CHASE
1.37%
LILLY
1.26%
EXXON
1.23%
JOHNSON&JOHNSON
1.02%
WALMART INC
0.94%
HEQT
NVIDIA
7.49%
APPLE
6.58%
MICROSOFT-T
4.86%
AMAZON.COM INC
3.59%
ALPHABET INC-CL
2.96%
BROADCOM LIMITED
2.59%
ALPHABET INC-CL
2.37%
META PLATFORMS
2.21%
TESLA
1.85%
BERKSHIRE HATHWAY
1.55%
JPMORGAN CHASE
1.40%
LILLY
1.29%
EXXON
1.25%
JOHNSON&JOHNSON
1.04%
WALMART INC
0.96%
Frequently asked questions about SPUC and HEQT
How have the SPUC and HEQT ETFs performed in 2026?
As of April 27, 2026, SPUC is up 4.09% year-to-date (YTD), while HEQT has returned 2.95%. That puts SPUC better performer ahead so far this year.
Which ETF is attracting more investor money: SPUC or HEQT?
Year-to-date, the SPUC ETF saw +$2M in flows, compared to -$18M for HEQT.
Which ETF is more volatile: SPUC or HEQT?
Over the past year, SPUC had a volatility of 18.36%, while HEQT experienced 6.32%.
Which ETF is bigger: SPUC or HEQT?
As of April 27, 2026, SPUC holds $109.96 M in assets under management (AUM), while HEQT manages $320.39 M.
What sectors do the SPUC and HEQT ETFs invest in?
SPUC leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, HEQT focuses on Information Technology, Financials and Communication Services.
What are the top holdings of the SPUC ETF and HEQT ETF?
SPUC top holdings include NVIDIA, APPLE and MICROSOFT-T. HEQT holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: SPUC or HEQT?
SPUC holds 504 securities with 41.16% of its assets in the top 15. HEQT has 504 securities and a top 15 weight of 41.99%.
Advertisement
Latest news about SPUC & HEQT
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
Options Strategies in ETFs, Part 4: Put-Selling and Leverage
November 22, 2023
SPUC
Advertisement
Advertisement
