HECA vs VXUS

Quick Verdict

VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: VXUSMore Diversified: VXUS

Side-by-Side Comparison

MetricHECAVXUSWinner
Expense Ratio1.02%0.05%
AUM$289M$156.5B
Dividend Yield2.04%2.60%
Holdings228,747
YTD Return-0.48%+14.57%
1Y Return+11.32%+27.82%
3Y Return (annualized)-+19.27%
5Y Return (annualized)-+9.28%
Volatility (annualized)12.4%15.1%
Max Drawdown-12.8%-39.9%
Fund FamilyHedgeye Asset ManagementVanguard (US)
CategoryAllocation/BalancedEquity
InceptionJun 30, 2025Jan 26, 2011

HECA vs VXUS Performance

Hedgeye Capital Allocation ETF (HECA) is a ETF from Hedgeye Asset Management and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year HECA returned +11.32% while VXUS returned +27.82%. Year to date, HECA is down 0.48% versus a gain of 14.57% for VXUS.

Risk: Volatility and Drawdowns

VXUS has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.4% for HECA. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -12.8% for HECA and -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.47. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

HECA charges 1.02% per year while VXUS charges 0.05%. On a $10,000 position that is $102 vs $5 annually, a gap of $97 per year that compounds over a long holding period. On income, HECA currently yields 2.04% against 2.60% for VXUS.

Holdings Overlap

0.1%overlap

HECA and VXUS share 1 holdings out of 7908 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in HECAWeight in VXUSDifference
WCN:CA1.49%0.10%1.39%

Frequently Asked Questions

Which is cheaper, HECA or VXUS?

HECA has an expense ratio of 1.02% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $97 per year of difference.

Which performed better, HECA or VXUS?

Over the past year HECA returned +11.32% vs +27.82% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (1 years), HECA annualized +11.44% vs +4.86% for VXUS. Past performance does not guarantee future results.

Which is riskier, HECA or VXUS?

VXUS has been the more volatile fund at 15.1% annualized versus 12.4% for HECA. Worst drawdown: HECA -12.8% vs VXUS -39.9%.

Should I hold both HECA and VXUS?

HECA and VXUS have a monthly-return correlation of 0.47, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between HECA and VXUS?

HECA and VXUS share 1 common holdings with a 0.1% weight overlap. Combined, they hold 7908 unique securities.

Which pays a higher dividend, HECA or VXUS?

HECA yields 2.04% while VXUS yields 2.60%, so VXUS currently pays the higher dividend yield.

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