Key stats
About Simplify Hedged Equity ETF
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Inception date
Nov 1, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Simplify Asset Management, Inc.
ISIN
US82889N7646
HEQT is an actively managed fund that primarily invests in ETFs that hold constituents of the S&P 500 Index, while using an options strategy known as a put/spread collar to manage risks and volatility. The strategy typically involves initiating long positions in put options at a higher strike price and selling puts at a lower strike price which ultimately results in a put option spread. The put spreads are partially funded by writing index call options, which caps the upside participation in the index. A ladder of three collars, each consisting of 5% to 20% out-of-the-money put-spreads, is utilized for hedging equity and improving rebalancing luck related to a single quarterly collar. Note, this strategy would not be most profitable when markets are rising, since the call option will likely be exercised once the market price rises to the options strike price.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF101.24%
Cash0.07%
Rights & Warrants−1.31%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HEQT last dividends amounted to 0.10 USD. The quarter before, the issuer paid 0.08 USD in dividends, which shows a 20.00% increase.
HEQT assets under management is 307.82 M USD. It's risen 0.24% over the last month.
HEQT fund flows account for 74.04 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HEQT pays dividends to its holders with the dividend yield of 1.17%. The last dividend (Jun 30, 2025) amounted to 0.10 USD. The dividends are paid quarterly.
HEQT shares are issued by Simplify Asset Management, Inc. under the brand Simplify. The ETF was launched on Nov 1, 2021, and its management style is Active.
HEQT expense ratio is 0.44% meaning you'd have to pay 0.44% of your investment to help manage the fund.
HEQT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HEQT invests in funds.
HEQT price has risen by 0.75% over the last month, and its yearly performance shows a 8.38% increase. See more dynamics on HEQT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.99% over the last month, showed a 4.97% increase in three-month performance and has increased by 10.35% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.99% over the last month, showed a 4.97% increase in three-month performance and has increased by 10.35% in a year.
HEQT trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.