HEGD vs DMBS
Comparison between SWAN HEDGED EQUITY US LARGE CAP ETF (HEGD, ETF) and DOUBLELINE MORTGAGE ETF (DMBS, ETF).
HEGD vs DMBS - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
HEGD
$692M
DMBS
$690M
Expense Ratio
HEGD
0.87%
Winner
DMBS
0.39%
Max Drawdown
HEGD
14.56%
Winner
DMBS
9.85%
Sharpe Ratio
Winner
HEGD
1.61
DMBS
0.61
5Y Beta
HEGD
0.45
Winner
DMBS
0.04
HEGD vs DMBS - Historical Returns
Returns include dividend reinvestment.
1M
HEGD
+0.72%
Winner
DMBS
+1.49%
3M
Winner
HEGD
+7.29%
DMBS
+0.15%
6M
Winner
HEGD
+6.28%
DMBS
+0.77%
1Y
Winner
HEGD
+17.10%
DMBS
+6.29%
5Y(CAGR)
HEGD
+9.05%
DMBS
N/A
Max(CAGR)
Winner
HEGD
+9.63%
DMBS
+3.94%
HEGD vs DMBS - Annual Returns (2020 - 2026)
Returns include dividend reinvestment.
| Year | HEGD | DMBS |
|---|---|---|
| 2026 | +5.49% | +1.02% |
| 2025 | +12.82% | +8.59% |
| 2024 | +15.60% | +2.75% |
| 2023 | +14.46% | +1.31% |
| 2022 | -11.12% | N/A |
| 2021 | +18.11% | N/A |
| 2020 | +0.99% | N/A |
HEGD vs DMBS Drawdown Comparison
The maximum drawdown for HEGD was -14.56%, occurring on Oct 12, 2022. Recovery took 495 trading sessions.
The maximum drawdown for DMBS was -8.13%, occurring on Oct 25, 2023. Recovery took 175 trading sessions.
The current HEGD drawdown is -1.42%. The current DMBS drawdown is -1.27%.
| Rank | HEGD | DMBS |
|---|---|---|
| #1 | -14.56% Dec 29, 2021 - Dec 18, 2023 | -8.13% Apr 5, 2023 - Dec 14, 2023 |
| #2 | -8.14% Feb 19, 2025 - Jun 24, 2025 | -4.88% Sep 16, 2024 - Apr 3, 2025 |
| #3 | -4.58% Jul 10, 2024 - Aug 21, 2024 | -4.17% Dec 27, 2023 - Jul 11, 2024 |
| #4 | -4.39% Jan 27, 2026 - Apr 15, 2026 | -3.20% Feb 27, 2026 - May 19, 2026 |
| #5 | -3.57% Mar 28, 2024 - May 15, 2024 | -3.09% Apr 4, 2025 - Jun 26, 2025 |
| #6 | -3.54% Sep 2, 2021 - Oct 26, 2021 | -1.16% Jul 1, 2025 - Aug 1, 2025 |
| #7 | -3.38% Jun 2, 2026 - Jun 10, 2026 | -1.04% Aug 2, 2024 - Aug 21, 2024 |
| #8 | -3.28% Feb 17, 2021 - Apr 5, 2021 | -0.91% Sep 15, 2025 - Oct 14, 2025 |
| #9 | -2.84% Dec 6, 2024 - Jan 23, 2025 | -0.85% Oct 28, 2025 - Nov 25, 2025 |
| #10 | -2.80% Nov 24, 2021 - Dec 23, 2021 | -0.78% Nov 26, 2025 - Dec 18, 2025 |
| #11 | -2.79% Aug 30, 2024 - Sep 12, 2024 | -0.63% Jul 17, 2024 - Jul 29, 2024 |
| #12 | -2.62% Oct 29, 2025 - Dec 11, 2025 | -0.62% Jan 14, 2026 - Feb 5, 2026 |
| #13 | -2.50% May 7, 2021 - Jun 24, 2021 | -0.50% Dec 14, 2023 - Dec 20, 2023 |
| #14 | -2.34% Oct 14, 2024 - Nov 6, 2024 | -0.44% Aug 27, 2024 - Sep 4, 2024 |
| #15 | -2.05% Dec 11, 2025 - Jan 9, 2026 | -0.42% Aug 13, 2025 - Aug 22, 2025 |
Correlation
Correlation between HEGD and DMBS is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.
0.96
-101
Dividend Comparison (2021 - 2026)
HEGD vs DMBS dividend yield comparison.
| Year | HEGD | DMBS |
|---|---|---|
| 2026 | 0.00% | 2.17% |
| 2025 | 0.36% | 4.96% |
| 2024 | 0.43% | 4.97% |
| 2023 | 0.39% | 2.82% |
| 2022 | 0.87% | 0.00% |
| 2021 | 0.31% | 0.00% |
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