Key stats
About Swan Hedged Equity US Large Cap ETF
Home page
Inception date
Dec 22, 2020
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
Swan Capital Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US53656F5998
HEGD seeks to invest in (one or more) ETFs that provide exposure to the US large-cap market, and hedges using put and call options as a defined risk strategy. The fund uses exchange-traded options on the S&P 500 Index. It invests in long-term put options for hedging purposes, and a combination of put and call options to increase income. Essentially, the portfolio contains an equity portion which is hedged with put options, combined with an actively managed option strategy that seeks additional returns and decrease volatility. As such, HEGD will also regularly engage in various spread option strategies. The fund intends to hold its ETF portfolio indefinitely, while the options are bought and sold when unfavorable risk is present. Rebalancing occurs annually.
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%
ETF92.40%
Rights & Warrants6.78%
Mutual fund0.47%
Cash0.34%
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
HEGD invests in funds. The fund's major sectors are ETF, with 92.40% stocks, and Mutual fund, with 0.47% of the basket. The assets are mostly located in the North America region.
HEGD last dividends amounted to 0.10 USD. The year before, the issuer paid 0.08 USD in dividends, which shows a 21.30% increase.
HEGD assets under management is 468.94 M USD. It's risen 6.19% over the last month.
HEGD fund flows account for 155.37 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, HEGD pays dividends to its holders with the dividend yield of 0.40%. The last dividend (Dec 30, 2024) amounted to 0.10 USD. The dividends are paid annually.
HEGD shares are issued by Swan Global Holdings (US) LLC under the brand Swan. The ETF was launched on Dec 22, 2020, and its management style is Active.
HEGD expense ratio is 0.88% meaning you'd have to pay 0.88% of your investment to help manage the fund.
HEGD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HEGD invests in funds.
HEGD price has risen by 1.56% over the last month, and its yearly performance shows a 10.91% increase. See more dynamics on HEGD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.09% over the last month, showed a 6.34% increase in three-month performance and has increased by 11.61% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.09% over the last month, showed a 6.34% increase in three-month performance and has increased by 11.61% in a year.
HEGD trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.