PABD vs HEQT

Comparison between ISHARES PARIS-ALIGNED CLIMATE OPTIMIZED MSCI WORLD EX USA ETF (PABD, ETF) and SIMPLIFY HEDGED EQUITY ETF (HEQT, ETF).

PABD vs HEQT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PABD(ETF)	HEQT(ETF)
Net Assets	$325M	$323M
Expense Ratio	0.12%	0.43%
Max Drawdown	14.60%	13.07%
Sharpe Ratio	0.94	1.43
5Y Beta	0.72	0.47

Net Assets

Winner

PABD

$325M

HEQT

$323M

Expense Ratio

Winner

PABD

0.12%

HEQT

0.43%

Max Drawdown

PABD

14.60%

Winner

HEQT

13.07%

Sharpe Ratio

PABD

0.94

Winner

HEQT

1.43

5Y Beta

PABD

0.72

Winner

HEQT

0.47

PABD vs HEQT - Holdings Comparison

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

PABD's top 25 holdings weight is 26.44%. HEQT's top 25 holdings weight is 104.75%.

Rank	PABD	HEQT
#1	ASML HOLDING NV (n/a) - 2.97%	ISHARES CORE S&P 500 ETF (IVV) - 104.75%
#2	ROYAL BANK OF CANADA (n/a) - 1.46%	N/A
#3	NOVARTIS AG REGISTERED SHARES (n/a) - 1.44%	N/A
#4	HSBC HOLDINGS PLC (n/a) - 1.34%	N/A
#5	ROCHE HOLDING AG ORDINARY SHARES NEW (n/a) - 1.31%	N/A
#6	ABB LTD (n/a) - 1.30%	N/A
#7	ASTRAZENECA PLC (AZN:XLON) - 1.29%	N/A
#8	SCHNEIDER ELECTRIC SE (n/a) - 1.27%	N/A
#9	THE TORONTO-DOMINION BANK (n/a) - 1.03%	N/A
#10	MITSUBISHI UFJ FINANCIAL GROUP INC (n/a) - 0.95%	N/A
#11	SAP SE (n/a) - 0.94%	N/A
#12	JPY/USD PURCHASED (n/a) - 0.91%	N/A
#13	ALLIANZ SE (n/a) - 0.90%	N/A
#14	COMMONWEALTH BANK OF AUSTRALIA (n/a) - 0.90%	N/A
#15	SOFTBANK GROUP CORP (n/a) - 0.89%	N/A
#16	JPY CASH (n/a) - 0.87%	N/A
#17	BANCO SANTANDER SA (n/a) - 0.83%	N/A
#18	MURATA MANUFACTURING CO LTD (n/a) - 0.81%	N/A
#19	KEYENCE CORP (n/a) - 0.75%	N/A
#20	SIEMENS AG (n/a) - 0.74%	N/A
#21	UNICREDIT SPA (n/a) - 0.73%	N/A
#22	TRANSURBAN GROUP (n/a) - 0.71%	N/A
#23	INFINEON TECHNOLOGIES AG (n/a) - 0.71%	N/A
#24	UBS GROUP AG REGISTERED SHARES (n/a) - 0.70%	N/A
#25	TOKYO ELECTRON LTD (n/a) - 0.69%	N/A
Total Holdings	448	1

PABD vs HEQT - Historical Returns

Returns include dividend reinvestment.

Period	PABD	HEQT
1 month	+2.26%	+0.28%
3 months	+8.00%	+5.18%
6 months	+9.31%	+4.75%
1 year	+18.00%	+13.60%
5 years(CAGR)	N/A	+8.95%
Max(CAGR)	+17.57%	+8.95%

Winner

PABD

+2.26%

HEQT

+0.28%

Winner

PABD

+8.00%

HEQT

+5.18%

Winner

PABD

+9.31%

HEQT

+4.75%

Winner

PABD

+18.00%

HEQT

+13.60%

5Y(CAGR)

PABD

N/A

HEQT

+8.95%

Max(CAGR)

Winner

PABD

+17.57%

HEQT

+8.95%

PABD vs HEQT - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	PABD	HEQT
2026	+6.84%	+4.33%
2025	+30.36%	+10.19%
2024	+5.34%	+18.25%
2023	N/A	+16.76%
2022	N/A	-8.51%
2021	N/A	+2.16%

PABD vs HEQT Drawdown Comparison

The maximum drawdown for PABD was -13.37%, occurring on Apr 8, 2025. Recovery took 145 trading sessions.

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

The current PABD drawdown is -0.77%. The current HEQT drawdown is -0.69%.

Rank	PABD	HEQT
#1	-13.37% Sep 26, 2024 - Apr 28, 2025	-11.51% Jan 4, 2022 - Jun 6, 2023
#2	-12.55% Feb 26, 2026 - Mar 27, 2026	-10.56% Feb 19, 2025 - Jul 22, 2025
#3	-6.94% Jul 12, 2024 - Aug 19, 2024	-5.87% Aug 30, 2023 - Nov 20, 2023
#4	-5.59% Nov 12, 2025 - Dec 11, 2025	-5.09% Feb 25, 2026 - Apr 16, 2026
#5	-5.39% Mar 20, 2024 - May 10, 2024	-5.04% Jul 16, 2024 - Aug 19, 2024
#6	-4.50% Jul 23, 2025 - Aug 13, 2025	-2.99% Aug 30, 2024 - Sep 16, 2024
#7	-3.65% May 15, 2024 - Jun 5, 2024	-2.90% Dec 11, 2024 - Jan 22, 2025
#8	-3.50% Jun 6, 2024 - Jul 11, 2024	-2.68% Mar 28, 2024 - May 6, 2024
#9	-3.20% Aug 23, 2024 - Sep 19, 2024	-2.57% Nov 11, 2025 - Nov 28, 2025
#10	-2.97% Oct 6, 2025 - Oct 20, 2025	-2.26% Jul 31, 2023 - Aug 30, 2023
#11	-2.88% Jun 12, 2025 - Jun 27, 2025	-2.03% Nov 18, 2021 - Dec 8, 2021
#12	-2.80% Oct 28, 2025 - Nov 12, 2025	-1.61% Jun 2, 2026 - Jun 10, 2026
#13	-2.70% Aug 22, 2025 - Sep 11, 2025	-1.51% Feb 2, 2026 - Feb 9, 2026
#14	-2.52% Jan 27, 2026 - Feb 9, 2026	-1.48% Dec 15, 2021 - Dec 23, 2021
#15	-2.44% Jan 15, 2026 - Jan 27, 2026	-1.47% Dec 11, 2025 - Dec 22, 2025