Soundwatch Hedged Equity ETF (SHDG) belongs to the Options Trading category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SHDG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SHDG
SHDG charges 0.53% annually. There are 15 ETFs in the Options Trading category with lower expense ratios, going as low as 0.29%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Hedged Equity ETF | 0.29% | 137.24M | Oct 2023 | SHDG vs PHEQ | |
| iShares 20+ Year Treasury Bond BuyWrite Strategy E... | 0.35% | 1.97B | Jun 2022 | SHDG vs TLTW | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.93M | Jan 2021 | SHDG vs ISWN | |
| PGIM US Large-Cap Buffer 20 ETF - April | 0.50% | — | Mar 2024 | SHDG vs PBAP | |
| JPMorgan Hedged Equity Laddered Overlay ETF | 0.50% | 4.13B | Sep 2023 | SHDG vs HELO |
Best Risk-Adjusted Alternatives to SHDG
SHDG has a PortfoliosLab risk / return rank of 44. There are 121 ETFs in the Options Trading category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 99 | — | Mar 2024 | SHDG vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.67M | Mar 2023 | SHDG vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 198.32M | May 2020 | SHDG vs APRW | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 98 | — | Apr 2024 | SHDG vs XAPR | |
| PGIM US Large-Cap Buffer 12 ETF - April | 98 | — | Mar 2024 | SHDG vs APRP |
Top Performing SHDG Alternatives (YTD)
SHDG is at 0.88% YTD. There are 136 ETFs in the Options Trading category with higher YTD returns, going as high as 110.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 110.49% | 367.33M | Sep 2023 | SHDG vs AMDY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 19.07% | 189.73M | Sep 2023 | SHDG vs QQQY | |
| LHA Market State Tactical Q ETF | 17.40% | 32.01M | Mar 2022 | SHDG vs MSTQ | |
| Roundhill Innovation-100 0DTE Covered Call Strateg... | 16.58% | 880.92M | Mar 2024 | SHDG vs QDTE | |
| YieldMax NVDA Option Income Strategy ETF | 13.06% | 1.45B | May 2023 | SHDG vs NVDY |
Lowest Volatility Alternatives to SHDG
SHDG has 7.82% 1-year volatility. There are 107 ETFs in the Options Trading category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated ETF - October | 0.00% | 3.39M | Sep 2021 | SHDG vs XDOC | |
| Innovator Premium Income 10 Barrier ETF - April | 0.00% | 9.42M | Mar 2023 | SHDG vs APRD | |
| Innovator Premium Income 40 Barrier ETF - October | 0.00% | 7.17M | Sep 2023 | SHDG vs OCTQ | |
| Innovator Premium Income 9 Buffer ETF - October | 0.00% | 5.96M | Sep 2023 | SHDG vs HOCT | |
| Innovator Premium Income 40 Barrier ETF - April | 0.00% | 19.28M | Mar 2023 | SHDG vs APRQ |
Lowest Drawdown Alternatives to SHDG
SHDG has a 1-year max drawdown of -6.62%. There are 105 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 30 Barrier ETF - April | -0.20% | 32.67M | Mar 2023 | SHDG vs APRJ | |
| Innovator Premium Income 15 Buffer ETF - April | -0.24% | — | Mar 2024 | SHDG vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 15.66M | Jun 2023 | SHDG vs JULJ | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | -0.66% | — | Apr 2024 | SHDG vs XAPR | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.75% | 198.32M | May 2020 | SHDG vs APRW |
Often Compared With SHDG
Investors most often compare SHDG with SCHD, IVV, IWF. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare SHDG with Any Fund or Stock
Compare SHDG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SHDG with funds that move differently
Soundwatch Hedged Equity ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SHDG.
Explore SHDG Diversifiers