HEGD vs VUSE

Comparison between SWAN HEDGED EQUITY US LARGE CAP ETF (HEGD, ETF) and VIDENT U.S. EQUITY STRATEGY ETF (VUSE, ETF).

5-Year PerformanceVUSE has outperformed HEGD, delivering a return of +12.3% compared to +9.0%

HEGD vs VUSE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HEGD(ETF)	VUSE(ETF)
Net Assets	$692M	$689M
Expense Ratio	0.87%	0.50%
Max Drawdown	14.56%	45.51%
Sharpe Ratio	1.61	1.13
5Y Beta	0.45	0.93
P/E Ratio	N/A	26.82
Forward P/E	N/A	20.84
PEG Ratio	N/A	0.37
5Y Dividends CAGR	N/A	-7.60%
5Y EPS CAGR	N/A	27.09%
Debt to Equity	N/A	83.61%

Net Assets

Winner

HEGD

$692M

VUSE

$689M

Expense Ratio

HEGD

0.87%

Winner

VUSE

0.50%

Max Drawdown

Winner

HEGD

14.56%

VUSE

45.51%

Sharpe Ratio

Winner

HEGD

1.61

VUSE

1.13

5Y Beta

Winner

HEGD

0.45

VUSE

0.93

P/E Ratio

HEGD

N/A

VUSE

26.82

Forward P/E

HEGD

N/A

VUSE

20.84

PEG Ratio

HEGD

N/A

VUSE

0.37

5Y Dividends CAGR

HEGD

N/A

VUSE

-7.60%

5Y EPS CAGR

HEGD

N/A

VUSE

27.09%

Debt to Equity

HEGD

N/A

VUSE

83.61%

HEGD vs VUSE - Holdings Comparison

HEGD and VUSE have 1 common holdings. Overlap is 0.00%

HEGD's top 25 holdings weight is 114.83%. VUSE's top 25 holdings weight is 48.58%.

Rank	HEGD	VUSE
#1	SPDR® S&P 500® ETF (SPY) - 91.90%	BROADCOM INC (AVGO) - 2.96%
#2	OPTION ON S&P 500 PR (n/a) - 18.75%	ALPHABET INC CLASS A (GOOGL) - 2.85%
#3	PUT ON S&P 500 DEC25 (n/a) - 3.54%	NVIDIA CORP (NVDA) - 2.54%
#4	OTHER ASSETS AND LIABILITIES (n/a) - 0.38%	SEAGATE TECHNOLOGY HOLDINGS PLC (STX) - 2.44%
#5	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.26%	MICRON TECHNOLOGY INC (MU) - 2.44%
#6	US DOLLARS (n/a) - 0.00%	ORACLE CORP (ORCL) - 2.41%
#7	N/A	ELI LILLY AND CO (LLY) - 2.33%
#8	N/A	AMAZON.COM INC (AMZN) - 2.32%
#9	N/A	WESTERN DIGITAL CORP (WDC) - 2.21%
#10	N/A	ABBVIE INC (ABBV) - 2.13%
#11	N/A	APPLE INC (AAPL) - 2.07%
#12	N/A	MICROSOFT CORP (MSFT) - 1.95%
#13	N/A	VISA INC CLASS A (V) - 1.94%
#14	N/A	COSTCO WHOLESALE CORP (COST) - 1.83%
#15	N/A	MASTERCARD INC CLASS A (MA) - 1.81%
#16	N/A	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.78%
#17	N/A	META PLATFORMS INC CLASS A (META) - 1.75%
#18	N/A	WALMART INC (WMT) - 1.71%
#19	N/A	JOHNSON & JOHNSON (JNJ) - 1.70%
#20	N/A	LAM RESEARCH CORP (LRCX) - 1.51%
#21	N/A	THE HOME DEPOT INC (HD) - 1.47%
#22	N/A	HOWMET AEROSPACE INC (HWM) - 1.15%
#23	N/A	TJX COMPANIES INC (TJX) - 1.15%
#24	N/A	CONSTELLATION ENERGY CORP (CEG) - 1.07%
#25	N/A	CLEAR SECURE INC ORDINARY SHARES CLASS A (YOU) - 1.06%
Total Holdings	6	129

HEGD vs VUSE - Historical Returns

Returns include dividend reinvestment.

Period	HEGD	VUSE
1 month	+0.72%	+3.63%
3 months	+7.29%	+13.19%
6 months	+6.28%	+10.14%
1 year	+17.10%	+19.85%
5 years(CAGR)	+9.05%	+12.30%
10 years(CAGR)	N/A	+12.56%
Max(CAGR)	+9.63%	+10.29%

HEGD

+0.72%

Winner

VUSE

+3.63%

HEGD

+7.29%

Winner

VUSE

+13.19%

HEGD

+6.28%

Winner

VUSE

+10.14%

HEGD

+17.10%

Winner

VUSE

+19.85%

5Y(CAGR)

HEGD

+9.05%

Winner

VUSE

+12.30%

10Y(CAGR)

HEGD

N/A

VUSE

+12.56%

Max(CAGR)

HEGD

+9.63%

Winner

VUSE

+10.29%

HEGD vs VUSE - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	HEGD	VUSE
2026	+5.49%	+9.74%
2025	+12.82%	+13.18%
2024	+15.60%	+17.02%
2023	+14.46%	+24.78%
2022	-11.12%	-9.94%
2021	+18.11%	+37.02%
2020	+0.99%	+6.32%
2019	N/A	+19.64%
2018	N/A	-16.11%
2017	N/A	+15.59%
2016	N/A	+20.66%
2015	N/A	-5.69%
2014	N/A	+8.33%

HEGD vs VUSE Drawdown Comparison

The maximum drawdown for HEGD was -14.56%, occurring on Oct 12, 2022. Recovery took 495 trading sessions.

The maximum drawdown for VUSE was -43.92%, occurring on Mar 23, 2020. Recovery took 571 trading sessions.

The current HEGD drawdown is -1.42%. The current VUSE drawdown is -0.73%.

Rank	HEGD	VUSE
#1	-14.56% Dec 29, 2021 - Dec 18, 2023	-43.92% Aug 29, 2018 - Dec 4, 2020
#2	-8.14% Feb 19, 2025 - Jun 24, 2025	-21.34% Jan 4, 2022 - Jun 13, 2023
#3	-4.58% Jul 10, 2024 - Aug 21, 2024	-20.42% Jun 23, 2015 - Nov 14, 2016
#4	-4.39% Jan 27, 2026 - Apr 15, 2026	-18.92% Feb 13, 2025 - Jun 30, 2025
#5	-3.57% Mar 28, 2024 - May 15, 2024	-10.13% Jan 26, 2018 - Aug 21, 2018
#6	-3.54% Sep 2, 2021 - Oct 26, 2021	-9.28% Jan 12, 2026 - Apr 17, 2026
#7	-3.38% Jun 2, 2026 - Jun 10, 2026	-9.19% Jun 8, 2021 - Nov 3, 2021
#8	-3.28% Feb 17, 2021 - Apr 5, 2021	-9.04% Jul 31, 2023 - Dec 11, 2023
#9	-2.84% Dec 6, 2024 - Jan 23, 2025	-8.96% Sep 2, 2014 - Nov 21, 2014
#10	-2.80% Nov 24, 2021 - Dec 23, 2021	-8.09% Jul 16, 2024 - Sep 19, 2024
#11	-2.79% Aug 30, 2024 - Sep 12, 2024	-7.63% Nov 15, 2021 - Jan 4, 2022
#12	-2.62% Oct 29, 2025 - Dec 11, 2025	-6.76% Oct 27, 2025 - Jan 12, 2026
#13	-2.50% May 7, 2021 - Jun 24, 2021	-6.25% Jan 22, 2014 - Feb 27, 2014
#14	-2.34% Oct 14, 2024 - Nov 6, 2024	-6.06% Dec 6, 2024 - Feb 6, 2025
#15	-2.05% Dec 11, 2025 - Jan 9, 2026	-5.70% Mar 28, 2024 - Jul 2, 2024

Correlation

Correlation between HEGD and VUSE is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2014 - 2026)

HEGD vs VUSE dividend yield comparison.

Year	HEGD	VUSE
2026	0.00%	0.20%
2025	0.36%	0.47%
2024	0.43%	0.84%
2023	0.39%	1.15%
2022	0.87%	1.57%
2021	0.31%	1.16%
2020	0.00%	1.33%
2019	0.00%	1.61%
2018	0.00%	1.55%
2017	0.00%	1.16%
2016	0.00%	1.25%
2015	0.00%	1.73%
2014	0.00%	1.29%