HEQT vs JXI

Comparison between SIMPLIFY HEDGED EQUITY ETF (HEQT, ETF) and ISHARES GLOBAL UTILITIES ETF (JXI, ETF).

5-Year PerformanceJXI has outperformed HEQT, delivering a return of +9.5% compared to +9.0%

HEQT vs JXI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HEQT(ETF)	JXI(ETF)
Net Assets	$323M	$324M
Expense Ratio	0.43%	0.39%
Max Drawdown	13.07%	52.89%
Sharpe Ratio	1.43	1.12
5Y Beta	0.47	0.29
P/E Ratio	N/A	19.77
Forward P/E	N/A	18.46
PEG Ratio	N/A	0.75
5Y Dividends CAGR	N/A	3.01%
5Y EPS CAGR	N/A	12.59%
Debt to Equity	N/A	141.93%
P/S Ratio	N/A	2.70
P/B Ratio	N/A	2.27

Net Assets

HEQT

$323M

Winner

JXI

$324M

Expense Ratio

HEQT

0.43%

Winner

JXI

0.39%

Max Drawdown

Winner

HEQT

13.07%

JXI

52.89%

Sharpe Ratio

Winner

HEQT

1.43

JXI

1.12

5Y Beta

HEQT

0.47

Winner

JXI

0.29

P/E Ratio

HEQT

N/A

JXI

19.77

Forward P/E

HEQT

N/A

JXI

18.46

PEG Ratio

HEQT

N/A

JXI

0.75

5Y Dividends CAGR

HEQT

N/A

JXI

3.01%

5Y EPS CAGR

HEQT

N/A

JXI

12.59%

Debt to Equity

HEQT

N/A

JXI

141.93%

P/S Ratio

HEQT

N/A

JXI

2.70

P/B Ratio

HEQT

N/A

JXI

2.27

HEQT vs JXI - Holdings Comparison

HEQT and JXI have 0 common holdings. Overlap is 0.00%

HEQT's top 25 holdings weight is 104.75%. JXI's top 25 holdings weight is 70.46%.

Rank	HEQT	JXI
#1	ISHARES CORE S&P 500 ETF (IVV) - 104.75%	NEXTERA ENERGY INC (NEE) - 7.98%
#2	N/A	IBERDROLA SA (n/a) - 6.42%
#3	N/A	SOUTHERN CO (SO) - 4.49%
#4	N/A	DUKE ENERGY CORP (DUK) - 4.27%
#5	N/A	ENEL SPA (n/a) - 3.94%
#6	N/A	CONSTELLATION ENERGY CORP (CEG) - 3.79%
#7	N/A	NATIONAL GRID PLC (n/a) - 3.63%
#8	N/A	AMERICAN ELECTRIC POWER CO INC (AEP) - 3.07%
#9	N/A	ENGIE SA (n/a) - 2.64%
#10	N/A	SEMPRA (SRE) - 2.61%
#11	N/A	DOMINION ENERGY INC (D) - 2.53%
#12	N/A	VISTRA CORP (VST) - 2.26%
#13	N/A	ENTERGY CORP (ETR) - 2.18%
#14	N/A	E.ON SE (n/a) - 2.13%
#15	N/A	EXELON CORP (EXC) - 2.10%
#16	N/A	XCEL ENERGY INC (XEL) - 2.07%
#17	N/A	RWE AG CLASS A (n/a) - 1.97%
#18	N/A	PUBLIC SERVICE ENTERPRISE GROUP INC (PEG) - 1.76%
#19	N/A	SSE PLC (n/a) - 1.73%
#20	N/A	CONSOLIDATED EDISON INC (ED) - 1.71%
#21	N/A	PG&E CORP (PCG) - 1.63%
#22	N/A	WEC ENERGY GROUP INC (WEC) - 1.62%
#23	N/A	DTE ENERGY CO (DTE) - 1.33%
#24	N/A	AMEREN CORP (AEE) - 1.33%
#25	N/A	ATMOS ENERGY CORP (ATO) - 1.27%
Total Holdings	1	86

HEQT vs JXI - Historical Returns

Returns include dividend reinvestment.

Period	HEQT	JXI
1 month	+0.28%	-1.44%
3 months	+5.18%	-2.29%
6 months	+4.75%	+8.96%
1 year	+13.60%	+17.37%
5 years(CAGR)	+8.95%	+9.48%
10 years(CAGR)	N/A	+9.29%
Max(CAGR)	+8.95%	+6.25%

Winner

HEQT

+0.28%

JXI

-1.44%

Winner

HEQT

+5.18%

JXI

-2.29%

HEQT

+4.75%

Winner

JXI

+8.96%

HEQT

+13.60%

Winner

JXI

+17.37%

5Y(CAGR)

HEQT

+8.95%

Winner

JXI

+9.48%

10Y(CAGR)

HEQT

N/A

JXI

+9.29%

Max(CAGR)

Winner

HEQT

+8.95%

JXI

+6.25%

HEQT vs JXI - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	HEQT	JXI
2026	+4.33%	+6.43%
2025	+10.19%	+25.05%
2024	+18.25%	+12.72%
2023	+16.76%	+0.76%
2022	-8.51%	-3.75%
2021	+2.16%	+12.21%
2020	N/A	+5.98%
2019	N/A	+25.43%
2018	N/A	+2.68%
2017	N/A	+15.13%
2016	N/A	+7.20%
2015	N/A	-7.16%
2014	N/A	+17.43%
2013	N/A	+10.81%
2012	N/A	+2.09%
2011	N/A	-3.41%
2010	N/A	-2.83%
2009	N/A	+6.14%
2008	N/A	-28.31%
2007	N/A	+22.04%
2006	N/A	+14.27%

HEQT vs JXI Drawdown Comparison

The maximum drawdown for HEQT was -11.51%, occurring on Jun 16, 2022. Recovery took 356 trading sessions.

The maximum drawdown for JXI was -50.23%, occurring on Mar 9, 2009. Recovery took 2379 trading sessions.

The current HEQT drawdown is -0.69%. The current JXI drawdown is -5.38%.

Rank	HEQT	JXI
#1	-11.51% Jan 4, 2022 - Jun 6, 2023	-50.23% Dec 6, 2007 - May 19, 2017
#2	-10.56% Feb 19, 2025 - Jul 22, 2025	-34.20% Feb 18, 2020 - Apr 15, 2021
#3	-5.87% Aug 30, 2023 - Nov 20, 2023	-22.43% Apr 8, 2022 - May 9, 2024
#4	-5.09% Feb 25, 2026 - Apr 16, 2026	-12.65% Sep 11, 2017 - Dec 3, 2018
#5	-5.04% Jul 16, 2024 - Aug 19, 2024	-10.44% Oct 16, 2024 - Apr 3, 2025
#6	-2.99% Aug 30, 2024 - Sep 16, 2024	-9.43% Jun 1, 2007 - Sep 26, 2007
#7	-2.90% Dec 11, 2024 - Jan 22, 2025	-8.93% Aug 20, 2021 - Dec 28, 2021
#8	-2.68% Mar 28, 2024 - May 6, 2024	-8.17% Apr 3, 2025 - Apr 22, 2025
#9	-2.57% Nov 11, 2025 - Nov 28, 2025	-8.09% Apr 9, 2026 - Jun 1, 2026
#10	-2.26% Jul 31, 2023 - Aug 30, 2023	-7.52% Dec 31, 2021 - Mar 29, 2022
#11	-2.03% Nov 18, 2021 - Dec 8, 2021	-6.87% Feb 27, 2026 - Apr 9, 2026
#12	-1.61% Jun 2, 2026 - Jun 10, 2026	-6.62% Feb 26, 2007 - Mar 21, 2007
#13	-1.51% Feb 2, 2026 - Feb 9, 2026	-6.54% Dec 13, 2018 - Jan 31, 2019
#14	-1.48% Dec 15, 2021 - Dec 23, 2021	-6.39% May 21, 2024 - Jul 31, 2024
#15	-1.47% Dec 11, 2025 - Dec 22, 2025	-4.88% Apr 20, 2021 - Aug 5, 2021

Correlation

Correlation between HEQT and JXI is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2006 - 2026)

HEQT vs JXI dividend yield comparison.

Year	HEQT	JXI
2026	0.30%	0.00%
2025	1.19%	2.56%
2024	1.29%	3.02%
2023	4.10%	3.58%
2022	3.94%	3.13%
2021	0.27%	2.78%
2020	0.00%	2.65%
2019	0.00%	3.43%
2018	0.00%	3.16%
2017	0.00%	3.62%
2016	0.00%	4.77%
2015	0.00%	3.78%
2014	0.00%	3.55%
2013	0.00%	4.30%
2012	0.00%	4.19%
2011	0.00%	4.67%
2010	0.00%	4.24%
2009	0.00%	3.49%
2008	0.00%	5.23%
2007	0.00%	0.78%
2006	0.00%	0.58%