HEQT vs IQSM
Comparison between SIMPLIFY HEDGED EQUITY ETF (HEQT, ETF) and NYLI CANDRIAM U.S. MID CAP EQUITY ETF (IQSM, ETF).
HEQT vs IQSM - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
HEQT vs IQSM - Holdings Comparison
HEQT and IQSM have 0 common holdings. Overlap is 0.00%
HEQT's top 25 holdings weight is 104.75%. IQSM's top 25 holdings weight is 23.24%.
| Rank | HEQT | IQSM |
|---|---|---|
| #1 | ISHARES CORE S&P 500 ETF (IVV) - 104.75% | TWILIO INC CLASS A (TWLO) - 1.31% |
| #2 | N/A | NVENT ELECTRIC PLC (NVT) - 1.16% |
| #3 | N/A | TECHNIPFMC PLC (n/a) - 1.16% |
| #4 | N/A | REVOLUTION MEDICINES INC ORDINARY SHARES (RVMD) - 1.12% |
| #5 | N/A | FABRINET (FN) - 1.12% |
| #6 | N/A | STERLING INFRASTRUCTURE INC (STRL) - 1.09% |
| #7 | N/A | XPO INC (XPO) - 1.04% |
| #8 | N/A | MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC (MTSI) - 1.03% |
| #9 | N/A | MASTEC INC (MTZ) - 0.98% |
| #10 | N/A | UNITED THERAPEUTICS CORP (UTHR) - 0.96% |
| #11 | N/A | AKAMAI TECHNOLOGIES INC (AKAM) - 0.96% |
| #12 | N/A | F5 INC (FFIV) - 0.95% |
| #13 | N/A | NEXTPOWER INC CLASS A (NXT) - 0.93% |
| #14 | N/A | ALCOA CORP (AA) - 0.89% |
| #15 | N/A | MKS INC (MKSI) - 0.89% |
| #16 | N/A | LATTICE SEMICONDUCTOR CORP (LSCC) - 0.88% |
| #17 | N/A | ALBEMARLE CORP (ALB) - 0.83% |
| #18 | N/A | C.H. ROBINSON WORLDWIDE INC (CHRW) - 0.82% |
| #19 | N/A | BURLINGTON STORES INC (BURL) - 0.81% |
| #20 | N/A | TD SYNNEX CORP (SNX) - 0.80% |
| #21 | N/A | RAMBUS INC (RMBS) - 0.73% |
| #22 | N/A | BUNGE GLOBAL SA (BG) - 0.71% |
| #23 | N/A | US FOODS HOLDING CORP (USFD) - 0.70% |
| #24 | N/A | ITT INC (ITT) - 0.69% |
| #25 | N/A | EAST WEST BANCORP INC (EWBC) - 0.68% |
| Total Holdings | 1 | 242 |
HEQT vs IQSM - Historical Returns
Returns include dividend reinvestment.
HEQT vs IQSM - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | HEQT | IQSM |
|---|---|---|
| 2026 | +4.33% | +11.68% |
| 2025 | +10.19% | +8.28% |
| 2024 | +18.25% | +9.92% |
| 2023 | +16.76% | +16.04% |
| 2022 | -8.51% | +2.29% |
| 2021 | +2.16% | N/A |
HEQT vs IQSM Drawdown Comparison
The maximum drawdown for HEQT was -11.51%, occurring on Jun 16, 2022. Recovery took 356 trading sessions.
The maximum drawdown for IQSM was -23.66%, occurring on Apr 8, 2025. Recovery took 260 trading sessions.
The current HEQT drawdown is -0.69%.
| Rank | HEQT | IQSM |
|---|---|---|
| #1 | -11.51% Jan 4, 2022 - Jun 6, 2023 | -23.66% Nov 25, 2024 - Dec 10, 2025 |
| #2 | -10.56% Feb 19, 2025 - Jul 22, 2025 | -16.38% Feb 2, 2023 - Dec 14, 2023 |
| #3 | -5.87% Aug 30, 2023 - Nov 20, 2023 | -8.86% Feb 26, 2026 - Apr 17, 2026 |
| #4 | -5.09% Feb 25, 2026 - Apr 16, 2026 | -8.29% Mar 28, 2024 - Aug 30, 2024 |
| #5 | -5.04% Jul 16, 2024 - Aug 19, 2024 | -6.87% Dec 2, 2022 - Jan 11, 2023 |
| #6 | -2.99% Aug 30, 2024 - Sep 16, 2024 | -4.24% Aug 30, 2024 - Sep 17, 2024 |
| #7 | -2.90% Dec 11, 2024 - Jan 22, 2025 | -3.98% Dec 28, 2023 - Feb 9, 2024 |
| #8 | -2.68% Mar 28, 2024 - May 6, 2024 | -3.89% Nov 1, 2022 - Nov 10, 2022 |
| #9 | -2.57% Nov 11, 2025 - Nov 28, 2025 | -3.50% May 6, 2026 - May 26, 2026 |
| #10 | -2.26% Jul 31, 2023 - Aug 30, 2023 | -3.46% Nov 11, 2024 - Nov 22, 2024 |
| #11 | -2.03% Nov 18, 2021 - Dec 8, 2021 | -2.80% Apr 20, 2026 - May 6, 2026 |
| #12 | -1.61% Jun 2, 2026 - Jun 10, 2026 | -2.67% Oct 18, 2024 - Nov 6, 2024 |
| #13 | -1.51% Feb 2, 2026 - Feb 9, 2026 | -2.65% Jun 4, 2026 - Jun 12, 2026 |
| #14 | -1.48% Dec 15, 2021 - Dec 23, 2021 | -2.64% Feb 10, 2026 - Feb 26, 2026 |
| #15 | -1.47% Dec 11, 2025 - Dec 22, 2025 | -2.59% Jan 13, 2023 - Jan 23, 2023 |
Correlation
Correlation between HEQT and IQSM is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (2021 - 2026)
HEQT vs IQSM dividend yield comparison.
| Year | HEQT | IQSM |
|---|---|---|
| 2026 | 0.30% | 0.21% |
| 2025 | 1.19% | 1.18% |
| 2024 | 1.29% | 1.22% |
| 2023 | 4.10% | 1.11% |
| 2022 | 3.94% | 0.32% |
| 2021 | 0.27% | 0.00% |
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