HEQT vs RZV

Comparison between SIMPLIFY HEDGED EQUITY ETF (HEQT, ETF) and INVESCO S&P SMALLCAP 600 PURE VALUE ETF (RZV, ETF).

5-Year PerformanceRZV has outperformed HEQT, delivering a return of +11.1% compared to +9.4%

HEQT vs RZV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HEQT(ETF)	RZV(ETF)
Net Assets	$296M	$296M
Expense Ratio	0.43%	0.35%
Max Drawdown	13.07%	77.94%
Sharpe Ratio	1.26	1.17
5Y Beta	0.46	0.99
P/E Ratio	N/A	-28.11
Forward P/E	N/A	11.44
5Y Dividends CAGR	N/A	31.94%
5Y EPS CAGR	N/A	-2.21%
Debt to Equity	N/A	69.33%
P/S Ratio	N/A	0.39
P/B Ratio	N/A	1.19

Net Assets

Winner

HEQT

$296M

RZV

$296M

Expense Ratio

HEQT

0.43%

Winner

RZV

0.35%

Max Drawdown

Winner

HEQT

13.07%

RZV

77.94%

Sharpe Ratio

Winner

HEQT

1.26

RZV

1.17

5Y Beta

Winner

HEQT

0.46

RZV

0.99

P/E Ratio

HEQT

N/A

RZV

-28.11

Forward P/E

HEQT

N/A

RZV

11.44

5Y Dividends CAGR

HEQT

N/A

RZV

31.94%

5Y EPS CAGR

HEQT

N/A

RZV

-2.21%

Debt to Equity

HEQT

N/A

RZV

69.33%

P/S Ratio

HEQT

N/A

RZV

0.39

P/B Ratio

HEQT

N/A

RZV

1.19

HEQT vs RZV - Holdings Comparison

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

HEQT's top 25 holdings weight is 100.49%. RZV's top 25 holdings weight is 33.59%.

Rank	HEQT	RZV
#1	ISHARES CORE S&P 500 ETF (IVV) - 100.49%	ICHOR HOLDINGS LTD (ICHR) - 2.49%
#2	N/A	ACADIA HEALTHCARE CO INC (ACHC) - 2.00%
#3	N/A	VESTIS CORP (VSTS) - 1.73%
#4	N/A	EDGEWELL PERSONAL CARE CO (EPC) - 1.56%
#5	N/A	ARCBEST CORP (ARCB) - 1.49%
#6	N/A	MOLINA HEALTHCARE INC (MOH) - 1.47%
#7	N/A	MANPOWERGROUP INC (MAN) - 1.41%
#8	N/A	NEWELL BRANDS INC (NWL) - 1.39%
#9	N/A	MARINEMAX INC (HZO) - 1.33%
#10	N/A	KOPPERS HOLDINGS INC (KOP) - 1.33%
#11	N/A	CARMAX INC (KMX) - 1.31%
#12	N/A	CRACKER BARREL OLD COUNTRY STORE INC (CBRL) - 1.29%
#13	N/A	MARRIOTT VACATIONS WORLDWIDE CORP (VAC) - 1.29%
#14	N/A	CONCENTRIX CORP ORDINARY SHARES (CNXC) - 1.27%
#15	N/A	VISHAY INTERTECHNOLOGY INC (VSH) - 1.21%
#16	N/A	ASTRANA HEALTH INC (ASTH) - 1.18%
#17	N/A	PATTERSON-UTI ENERGY INC (PTEN) - 1.18%
#18	N/A	MILLERKNOLL INC (MLKN) - 1.17%
#19	N/A	SCANSOURCE INC (SCSC) - 1.10%
#20	N/A	COTY INC CLASS A (COTY) - 1.09%
#21	N/A	WORLD KINECT CORP (WKC) - 1.09%
#22	N/A	G-III APPAREL GROUP LTD (GIII) - 1.07%
#23	N/A	SCHOLASTIC CORP (SCHL) - 1.07%
#24	N/A	ORGANON & CO ORDINARY SHARES (OGN) - 1.06%
#25	N/A	SM ENERGY CO (SM) - 1.01%
Total Holdings	1	159

HEQT vs RZV - Historical Returns

Returns include dividend reinvestment.

Period	HEQT	RZV
1 month	+2.86%	-1.06%
3 months	+3.32%	+7.43%
6 months	+6.78%	+15.88%
1 year	+13.09%	+28.28%
5 years(CAGR)	+9.38%	+11.13%
10 years(CAGR)	N/A	+10.59%
Max(CAGR)	+9.38%	+8.29%

Winner

HEQT

+2.86%

RZV

-1.06%

HEQT

+3.32%

Winner

RZV

+7.43%

HEQT

+6.78%

Winner

RZV

+15.88%

HEQT

+13.09%

Winner

RZV

+28.28%

5Y(CAGR)

HEQT

+9.38%

Winner

RZV

+11.13%

10Y(CAGR)

HEQT

N/A

RZV

+10.59%

Max(CAGR)

Winner

HEQT

+9.38%

RZV

+8.29%

HEQT vs RZV - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	HEQT	RZV
2026	+8.28%	+26.20%
2025	+10.19%	+8.49%
2024	+18.25%	+5.19%
2023	+16.76%	+22.46%
2022	-8.51%	-8.60%
2021	+2.16%	+46.94%
2020	N/A	-3.35%
2019	N/A	+19.64%
2018	N/A	-20.86%
2017	N/A	-0.15%
2016	N/A	+35.54%
2015	N/A	-12.12%
2014	N/A	+3.66%
2013	N/A	+40.74%
2012	N/A	+18.42%
2011	N/A	-9.75%
2010	N/A	+24.94%
2009	N/A	+59.92%
2008	N/A	-40.34%
2007	N/A	-19.53%
2006	N/A	+13.09%

HEQT vs RZV Drawdown Comparison

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

The maximum drawdown for RZV was -77.13%, occurring on Mar 9, 2009. Recovery took 1332 trading sessions.

The current HEQT drawdown is -0.50%. The current RZV drawdown is -2.12%.

Rank	HEQT	RZV
#1	-11.51% Jan 4, 2022 - Jun 6, 2023	-77.13% Jun 4, 2007 - Sep 13, 2012
#2	-10.56% Feb 19, 2025 - Jul 22, 2025	-60.41% Aug 22, 2018 - Feb 16, 2021
#3	-5.87% Aug 30, 2023 - Nov 20, 2023	-30.99% Jun 23, 2015 - Nov 10, 2016
#4	-5.09% Feb 25, 2026 - Apr 16, 2026	-29.82% Dec 2, 2024 - Aug 27, 2025
#5	-5.04% Jul 16, 2024 - Aug 19, 2024	-26.46% Nov 8, 2021 - Feb 1, 2023
#6	-2.99% Aug 30, 2024 - Sep 16, 2024	-21.44% Feb 2, 2023 - Dec 19, 2023
#7	-2.90% Dec 11, 2024 - Jan 22, 2025	-21.10% Dec 9, 2016 - Jan 22, 2018
#8	-2.68% Mar 28, 2024 - May 6, 2024	-14.82% Jul 3, 2014 - Mar 24, 2015
#9	-2.57% Nov 11, 2025 - Nov 28, 2025	-14.11% Jun 8, 2021 - Oct 25, 2021
#10	-2.26% Jul 31, 2023 - Aug 30, 2023	-13.00% May 5, 2006 - Oct 26, 2006
#11	-2.03% Nov 18, 2021 - Dec 8, 2021	-12.56% Feb 6, 2026 - Apr 20, 2026
#12	-1.84% Jul 15, 2026 - Aug 3, 2026	-11.01% Mar 12, 2021 - May 17, 2021
#13	-1.61% Jun 2, 2026 - Jun 16, 2026	-10.92% Sep 14, 2012 - Dec 18, 2012
#14	-1.51% Feb 2, 2026 - Feb 9, 2026	-10.70% Jan 22, 2018 - May 21, 2018
#15	-1.48% Dec 15, 2021 - Dec 23, 2021	-10.57% Jul 31, 2024 - Nov 6, 2024

Correlation

Correlation between HEQT and RZV is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2006 - 2026)

HEQT vs RZV dividend yield comparison.

Year	HEQT	RZV
2026	0.58%	0.73%
2025	1.19%	1.59%
2024	1.29%	1.14%
2023	4.10%	1.13%
2022	3.94%	1.43%
2021	0.27%	0.86%
2020	0.00%	0.63%
2019	0.00%	1.03%
2018	0.00%	2.03%
2017	0.00%	1.02%
2016	0.00%	0.46%
2015	0.00%	1.24%
2014	0.00%	0.68%
2013	0.00%	0.64%
2012	0.00%	1.34%
2011	0.00%	0.82%
2010	0.00%	0.45%
2009	0.00%	0.90%
2008	0.00%	3.51%
2007	0.00%	1.95%
2006	0.00%	1.03%