SPYMvsHEGDETF Comparison
VS
State Street SPDR Portfolio S&P 500 ETF (SPYM) belongs to the US Large Cap segment. Swan Hedged Equity US Large Cap ETF (HEGD) is part of the Options Strategies segment. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Financials. SPYM is less expensive with a Total Expense Ratio (TER) of 0.02%, versus 0.88% for HEGD. SPYM is up 3.22% year-to-date (YTD) with +$32.66B in YTD flows. HEGD performs worse with 1.66% YTD performance, and +$32M in YTD flows. Run a side-by-side ETF comparison of SPYM and HEGD 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
SPYM vs HEGD performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SPYM HEGD | +5.19%+2.50% | +1.76%+0.83% | +3.22%+1.66% | +35.10%+19.15% | +76.64%+46.41% | +80.67%+45.88% |
| Flows | SPYM HEGD | +$21.47B+$21M | +$26.96B+$29M | +$32.66B+$32M | +$53.54B+$198M | +$89.82B+$408M | +$96.77B+$502M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SPYM HEGD | +15.69%+7.46% | +13.06%+7.02% | +14.94%+8.13% | +16.94%+9.17% |
| Max drawdown | SPYM HEGD | -8.89%-4.33% | -8.89%-4.33% | -18.74%-8.39% | -24.50%-14.21% |
| Max drawdown duration | SPYM HEGD | 76d77d | 76d77d | 126d124d | 708d721d |
Trading data
SPYM | HEGD | |
Last sale 4/17/2026 at 1:30 PM | $25.87 | |
| Previous close 04/16/2026 | $25.65 | |
| Consolidated volume 04/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of March 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
HEGD
is actively managed and doesn’t replicate an indexSPYM | HEGD | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 4/17/2026 at 1:30 PM
Live
Closed
SPYM | HEGD | |
|---|---|---|
| Last price | – | $25.87 |
| 1D performance | – | +0.84% |
| AuM | $133.84 B | $643.64 M |
| E/R | 0.02% | 0.88% |
Characteristics
SPYM | HEGD | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | SPDR | Swan Capital Management |
| Benchmark | S&P 500 Index | - |
| N° of holdings | 479 | 479 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 8, 2005 | December 23, 2020 |
| ESG | No | No |
Advertisement
Exposure
Countries
SPYM
USA
96.81%
Other
3.19%
HEGD
USA
86.08%
Other
13.92%
Sectors
SPYM
Information Techn.
33.48%
Communication Ser.
10.47%
Financials
10.27%
Consumer Discreti.
10.1%
Health Care
9.68%
Industrials
8.53%
Other
17.48%
HEGD
Information Techn.
29.76%
Communication Ser.
9.31%
Financials
9.13%
Consumer Discreti.
8.98%
Health Care
8.6%
Industrials
7.59%
Other
26.63%
Diversification
SPYM
Total weight of top 15 holdings out of 15
42.25%
HEGD
Total weight of top 15 holdings out of 15
37.56%
Top 15 holdings
Data as of February 28, 2026
SPYM
NVIDIA
7.32%
APPLE
6.63%
MICROSOFT-T
4.96%
AMAZON.COM INC
3.47%
ALPHABET INC-CL
3.08%
BROADCOM LIMITED
2.56%
ALPHABET INC-CL
2.46%
META PLATFORMS
2.40%
TESLA
1.92%
BERKSHIRE HATHWAY
1.57%
LILLY
1.42%
JPMORGAN CHASE
1.39%
EXXON
1.09%
JOHNSON&JOHNSON
1.02%
WALMART INC
0.95%
HEGD
NVIDIA
6.50%
APPLE
5.90%
MICROSOFT-T
4.41%
AMAZON.COM INC
3.09%
ALPHABET INC-CL
2.74%
BROADCOM LIMITED
2.28%
ALPHABET INC-CL
2.19%
META PLATFORMS
2.13%
TESLA
1.71%
BERKSHIRE HATHWAY
1.40%
LILLY
1.26%
JPMORGAN CHASE
1.23%
EXXON
0.97%
JOHNSON&JOHNSON
0.90%
WALMART INC
0.85%
Frequently asked questions about SPYM and HEGD
How have the SPYM and HEGD ETFs performed in 2026?
As of April 16, 2026, SPYM is up 3.22% year-to-date (YTD), while HEGD has returned 1.66%. That puts SPYM better performer ahead so far this year.
Which ETF is attracting more investor money: SPYM or HEGD?
Year-to-date, the SPYM ETF saw +$32.66B in flows, compared to +$32M for HEGD.
Which ETF is more volatile: SPYM or HEGD?
Over the past year, SPYM had a volatility of 13.06%, while HEGD experienced 7.02%.
Which ETF is bigger: SPYM or HEGD?
As of April 16, 2026, SPYM holds $133.84 B in assets under management (AUM), while HEGD manages $643.64 M.
What sectors do the SPYM and HEGD ETFs invest in?
SPYM leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, HEGD focuses on Information Technology, Communication Services and Financials.
What are the top holdings of the SPYM ETF and HEGD ETF?
SPYM top holdings include NVIDIA, APPLE and MICROSOFT-T. HEGD holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: SPYM or HEGD?
SPYM holds 503 securities with 42.25% of its assets in the top 15. HEGD has 502 securities and a top 15 weight of 37.56%.
Advertisement
Latest news about SPYM & HEGD
Advertisement
