Swan Hedged Equity US Large Cap ETF (HEGD) belongs to the Equity Hedged category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HEGD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HEGD
HEGD charges 0.88% annually. There are 27 ETFs in the Equity Hedged category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X S&P 500 Collar 95-110 ETF | 0.25% | 3.57M | Aug 2021 | HEGD vs XCLR | |
| Global X S&P 500 Tail Risk ETF | 0.25% | 4.81M | Aug 2021 | HEGD vs XTR | |
| Invesco S&P 500 Downside Hedged ETF | 0.39% | 63.46M | Dec 2012 | HEGD vs PHDG | |
| Simplify Hedged Equity ETF | 0.43% | 296.16M | Nov 2021 | HEGD vs HEQT | |
| Invesco QQQ Hedged Advantage ETF | 0.45% | — | May 2025 | HEGD vs QQHG |
Best Risk-Adjusted Alternatives to HEGD
HEGD has a PortfoliosLab risk / return rank of 81. There are 8 ETFs in the Equity Hedged category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | 95 | — | Jun 2024 | HEGD vs MAXJ | |
| Kraneshares Hedgeye Hedged Equity Index ETF | 92 | 118.66M | Jul 2024 | HEGD vs KSPY | |
| Innovator U.S. Small Cap Managed Floor ETF | 91 | 91.97M | Sep 2024 | HEGD vs RFLR | |
| State Street Galaxy Hedged Digital Asset Ecosystem... | 89 | 83.37M | Sep 2024 | HEGD vs HECO | |
| MC Trio Equity Buffered ETF | 86 | — | Mar 2025 | HEGD vs TRIO |
Top Performing HEGD Alternatives (YTD)
HEGD is at 6.74% YTD. There are 22 ETFs in the Equity Hedged category with higher YTD returns, going as high as 68.55%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Galaxy Hedged Digital Asset Ecosystem... | 68.55% | 83.37M | Sep 2024 | HEGD vs HECO | |
| Innovator U.S. Small Cap Managed Floor ETF | 15.25% | 91.97M | Sep 2024 | HEGD vs RFLR | |
| Hull Tactical US ETF | 12.44% | 137.43M | Jun 2015 | HEGD vs HTUS | |
| Stratified LargeCap Hedged ETF | 11.99% | 23.16M | Jan 2019 | HEGD vs SHUS | |
| 6 Meridian Hedged Equity-Index Option Strategy ETF | 11.60% | 488.90M | May 2020 | HEGD vs SIXH |
Lowest Volatility Alternatives to HEGD
HEGD has 7.81% 1-year volatility. There are 6 ETFs in the Equity Hedged category with lower 1-year volatility, going as low as 2.35%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | 2.35% | — | Jun 2024 | HEGD vs MAXJ | |
| TrueShares Equity Hedge ETF | 5.06% | 14.53M | Jan 2026 | HEGD vs ONEH | |
| Equable Shares Hedged Equity ETF | 5.80% | 301.01M | May 2019 | HEGD vs HEDG | |
| MC Trio Equity Buffered ETF | 6.38% | — | Mar 2025 | HEGD vs TRIO | |
| Simplify Hedged Equity ETF | 6.98% | 296.16M | Nov 2021 | HEGD vs HEQT |
Lowest Drawdown Alternatives to HEGD
HEGD has a 1-year max drawdown of -4.39%. There are 2 ETFs in the Equity Hedged category with shallower 1-year drawdowns, going as shallow as -1.70%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | -1.70% | — | Jun 2024 | HEGD vs MAXJ | |
| 6 Meridian Hedged Equity-Index Option Strategy ETF | -4.36% | 488.90M | May 2020 | HEGD vs SIXH | |
| Kraneshares Hedgeye Hedged Equity Index ETF | -4.46% | 118.66M | Jul 2024 | HEGD vs KSPY | |
| MC Trio Equity Buffered ETF | -4.47% | — | Mar 2025 | HEGD vs TRIO | |
| Simplify Hedged Equity ETF | -5.09% | 296.16M | Nov 2021 | HEGD vs HEQT |
Often Compared With HEGD
Investors most often compare HEGD with OCTZ, IHG, OVLH. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare HEGD with Any Fund or Stock
Compare HEGD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HEGD with funds that move differently
Swan Hedged Equity US Large Cap ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HEGD.
Explore HEGD Diversifiers