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SPYTvsHEQTETF Comparison
Defiance S&P 500 Target Income ETF (SPYT) 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. SPYT is more expensive with a Total Expense Ratio (TER) of 0.92%, versus 0.2% for HEQT. SPYT is down -1.89% year-to-date (YTD) with +$18M in YTD flows. HEQT performs better with 0.41% YTD performance, and -$32K in YTD flows. Run a side-by-side ETF comparison of SPYT 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.
SPYT vs HEQT performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SPYT HEQT | -1.86%-1.20% | -1.48%+0.22% | -1.89%+0.41% | +16.60%+13.46% | n/a+50.66% | n/an/a |
| Flows | SPYT HEQT | +$5M-$10M | +$33M-$32K | +$18M-$32K | +$54M-$101M | -+$170M | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SPYT HEQT | +10.40%+6.77% | +17.23%+7.64% | n/a+7.65% | n/an/a |
| Max drawdown | SPYT HEQT | -3.52%-1.78% | -13.42%-5.70% | n/a-10.18% | n/an/a |
| Max drawdown duration | SPYT HEQT | 38d14d | 45d45d | n/a149d | n/an/a |
SPYT | HEQT | |
Last sale 3/13/2026 at 1:30 PM | $16.48 | $31.65 |
| Previous close 03/12/2026 | $16.56 | $31.78 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
SPYT | HEQT | |
|---|---|---|
| Last price | $16.48 | $31.65 |
| 1D performance | -0.48% | -0.41% |
| AuM | $144.21 M | $331.95 M |
| E/R | 0.92% | 0.2% |
SPYT | HEQT | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Defiance ETFs | Simplify |
| Benchmark | - | - |
| N° of holdings | 479 | 479 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 5, 2024 | November 2, 2021 |
| 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 SPYT and HEQT ETFs performed in 2026?
As of March 12, 2026, SPYT is down -1.89% 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: SPYT or HEQT?
Year-to-date, the SPYT ETF saw +$18M in flows, compared to -$32K for HEQT.
Which ETF is more volatile: SPYT or HEQT?
Over the past year, SPYT had a volatility of 17.23%, while HEQT experienced 7.64%.
Which ETF is bigger: SPYT or HEQT?
As of March 12, 2026, SPYT holds $144.21 M in assets under management (AUM), while HEQT manages $331.95 M.
What sectors do the SPYT and HEQT ETFs invest in?
SPYT 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 SPYT ETF and HEQT ETF?
SPYT top holdings include NVIDIA, APPLE and MICROSOFT-T. HEQT holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: SPYT or HEQT?
SPYT holds 504 securities with 43.79% of its assets in the top 15. HEQT has 504 securities and a top 15 weight of 44.25%.
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