UMARvsHEGDETF Comparison
VS
Innovator U.S. Equity Ultra Buffer ETF - March (UMAR) and Swan Hedged Equity US Large Cap ETF (HEGD) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Financials and Communication Services. UMAR is less expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.87% for HEGD. UMAR is up 3.55% year-to-date (YTD) with +$86M in YTD flows. HEGD performs worse with 2.85% YTD performance, and +$41M in YTD flows. Run a side-by-side ETF comparison of UMAR 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
UMAR vs HEGD performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/24/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | UMAR HEGD | +4.18%+4.96% | +2.75%+1.92% | +3.55%+2.85% | +17.32%+18.83% | +43.08%+48.19% | +43.37%+47.65% |
| Flows | UMAR HEGD | +$73M+$28M | +$90M+$30M | +$86M+$41M | +$57M+$202M | +$92M+$419M | +$130M+$512M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | UMAR HEGD | +6.75%+7.39% | +5.28%+7.02% | +6.76%+8.16% | +6.92%+9.17% |
| Max drawdown | UMAR HEGD | -3.74%-4.33% | -3.74%-4.33% | -7.40%-8.39% | -8.87%-14.21% |
| Max drawdown duration | UMAR HEGD | 40d77d | 40d77d | 73d124d | 483d721d |
Trading data
UMAR | HEGD | |
Last sale 4/27/2026 at 1:30 PM | $41.35 | $26.00 |
| Previous close 04/24/2026 | $41.39 | $25.98 |
| Consolidated volume 04/24/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 4/27/2026 at 1:30 PM
Live
Closed
UMAR | HEGD | |
|---|---|---|
| Last price | $41.35 | $26.00 |
| 1D performance | -0.10% | +0.08% |
| AuM | $209.95 M | $660.50 M |
| E/R | 0.79% | 0.87% |
Characteristics
UMAR | HEGD | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Innovator | Swan Capital Management |
| Benchmark | - | - |
| N° of holdings | 478 | 478 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 2, 2020 | December 23, 2020 |
| ESG | No | No |
Advertisement
Exposure
Countries
UMAR
USA
91.26%
Other
8.74%
HEGD
USA
82.45%
Other
17.55%
Sectors
UMAR
Information Techn.
31.98%
Financials
9.67%
Communication Ser.
9.65%
Consumer Discreti.
9.44%
Health Care
8.79%
Industrials
7.85%
Other
22.62%
HEGD
Information Techn.
28.86%
Financials
8.83%
Communication Ser.
8.7%
Consumer Discreti.
8.52%
Health Care
7.93%
Industrials
7.08%
Other
30.08%
Advertisement
Diversification
UMAR
Total weight of top 15 holdings out of 15
40%
HEGD
Total weight of top 15 holdings out of 15
36.14%
Top 15 holdings
Data as of March 31, 2026
UMAR
NVIDIA
7.15%
APPLE
6.28%
MICROSOFT-T
4.63%
AMAZON.COM INC
3.43%
ALPHABET INC-CL
2.82%
BROADCOM LIMITED
2.47%
ALPHABET INC-CL
2.26%
META PLATFORMS
2.11%
TESLA
1.76%
BERKSHIRE HATHWAY
1.48%
JPMORGAN CHASE
1.26%
LILLY
1.23%
EXXON
1.20%
JOHNSON&JOHNSON
0.99%
WALMART INC
0.92%
HEGD
NVIDIA
6.44%
APPLE
5.67%
MICROSOFT-T
4.18%
AMAZON.COM INC
3.09%
ALPHABET INC-CL
2.55%
BROADCOM LIMITED
2.23%
ALPHABET INC-CL
2.04%
META PLATFORMS
1.90%
TESLA
1.59%
BERKSHIRE HATHWAY
1.34%
JPMORGAN CHASE
1.21%
LILLY
1.11%
EXXON
1.08%
JOHNSON&JOHNSON
0.90%
WALMART INC
0.83%
Frequently asked questions about UMAR and HEGD
How have the UMAR and HEGD ETFs performed in 2026?
As of April 24, 2026, UMAR is up 3.55% year-to-date (YTD), while HEGD has returned 2.85%. That puts UMAR better performer ahead so far this year.
Which ETF is attracting more investor money: UMAR or HEGD?
Year-to-date, the UMAR ETF saw +$86M in flows, compared to +$41M for HEGD.
Which ETF is more volatile: UMAR or HEGD?
Over the past year, UMAR had a volatility of 5.28%, while HEGD experienced 7.02%.
Which ETF is bigger: UMAR or HEGD?
As of April 24, 2026, UMAR holds $209.95 M in assets under management (AUM), while HEGD manages $660.50 M.
What sectors do the UMAR and HEGD ETFs invest in?
UMAR leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, HEGD focuses on Information Technology, Financials and Communication Services.
What are the top holdings of the UMAR ETF and HEGD ETF?
UMAR top holdings include NVIDIA, APPLE and MICROSOFT-T. HEGD holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: UMAR or HEGD?
UMAR holds 503 securities with 40% of its assets in the top 15. HEGD has 502 securities and a top 15 weight of 36.14%.
Advertisement
Advertisement
