SHUS vs. HEDG

Last updated Aug 4, 2026

SHUS (Stratified LargeCap Hedged ETF) and HEDG (Equable Shares Hedged Equity ETF) are both Equity Hedged funds. SHUS is actively managed, while HEDG is passively managed. Their 0.50 correlation means they have sometimes moved together and sometimes differently. SHUS charges 0.79%/yr vs 0.96%/yr for HEDG.

Performance

SHUS vs. HEDG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Stratified LargeCap Hedged ETF (SHUS) and Equable Shares Hedged Equity ETF (HEDG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SHUS achieves a 11.99% return, which is significantly higher than HEDG's 4.64% return.

SHUS

• 1D: 0.74%
• 1M: 0.95%
• 6M: 8.10%
• YTD: 11.99%
• 1Y: 18.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.87%

HEDG

• 1D: 0.50%
• 1M: 1.30%
• 6M: 3.46%
• YTD: 4.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HEDG Equable Shares Hedged Equity ETF	$885.06K	$870.54K	$1.20M
SHUS Stratified LargeCap Hedged ETF	$376.99	$481.64	$2.74K

SHUS vs. HEDG - Yearly Performance Comparison

	2026 (YTD)	2025
SHUS Stratified LargeCap Hedged ETF	11.99%	3.24%
HEDG Equable Shares Hedged Equity ETF	4.64%	3.20%

Correlation

The correlation between SHUS and HEDG is 0.50, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 13, 2025	0.50

SHUS vs. HEDG - Sectors Allocation Comparison

Sectors	SHUS	HEDG
Technology	15.9%	38.5%
Consumer Cyclical	13.2%	9.5%
Consumer Defensive	12.8%	4.5%
Healthcare	12.7%	8.9%
Industrials	10.7%	8.4%
Financial Services	10.4%	11.6%
Utilities	6.4%	2.2%
Communication Services	6.3%	9.9%
Energy	6.0%	3.0%
Real Estate	3.5%	1.8%
Basic Materials	2.2%	1.7%

Return for Risk

SHUS vs. HEDG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SHUS

SHUS Risk / Return Rank: 76
SHUS Sharpe Ratio Rank: 77
SHUS Sortino Ratio Rank: 80
SHUS Omega Ratio Rank: 75
SHUS Calmar Ratio Rank: 73
SHUS Martin Ratio Rank: 74

HEDG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SHUS vs. HEDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Stratified LargeCap Hedged ETF (SHUS) and Equable Shares Hedged Equity ETF (HEDG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SHUS	HEDG	Difference
Sharpe ratio: Return per unit of total volatility	1.89	—	—
Sortino ratio: Return per unit of downside risk	2.77	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	2.74	—	—
Martin ratio: Return relative to average drawdown	9.87	—	—

Drawdowns

SHUS vs. HEDG - Drawdown Comparison

The maximum SHUS drawdown since its inception was -14.09%, which is greater than HEDG's maximum drawdown of -3.85%. Use the drawdown chart below to compare losses from any high point for SHUS and HEDG.

Drawdown Indicators

	SHUS	HEDG	Difference
Max Drawdown Largest peak-to-trough decline	-14.09%	-3.85%	-10.24%
Max Drawdown (1Y) Largest decline over 1 year	-6.95%	—	—
Current Drawdown Current decline from peak	-0.33%	0.00%	-0.33%
Average Drawdown Average peak-to-trough decline	-2.47%	-0.38%	-2.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	—	—

Volatility

Volatility by Period

	SHUS	HEDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.39%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.09%	5.80%	+4.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.41%	5.80%	+6.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.41%	5.80%	+6.61%

SHUS vs. HEDG - Expense Ratio Comparison

SHUS has a 0.79% expense ratio, which is lower than HEDG's 0.96% expense ratio.

Dividends

SHUS vs. HEDG - Dividend Comparison

SHUS's dividend yield for the trailing twelve months is around 1.23%, less than HEDG's 2.30% yield.

Position	TTM	2025	2024
HEDG Equable Shares Hedged Equity ETF	2.30%	1.38%	0.00%
SHUS Stratified LargeCap Hedged ETF	1.23%	1.37%	0.26%

Frequently Asked Questions

Can I hold both SHUS and HEDG in my portfolio?

SHUS and HEDG have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SHUS or HEDG?

On fees, SHUS is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SHUS or HEDG?

SHUS is cheaper with a 0.79% expense ratio, compared with 0.96% for HEDG.

Which ETF pays a higher dividend yield, SHUS or HEDG?

HEDG has the higher dividend yield at 2.30%, compared with 1.23% for SHUS.

What is the main difference between SHUS and HEDG?

They also come from different issuers: Exchange Traded Concepts and Equable Shares. Their fees differ too: 0.79% for SHUS and 0.96% for HEDG.