HEGD vs VOLT
Swan Hedged Equity US Large Cap ETF vs Tema Electrification ETF
Which is better, HEGD or VOLT?
VOLT has been ahead.
VOLT has a lower expense ratio. VOLT led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HEGD | VOLT |
|---|---|---|
| Expense Ratio | 0.87% | 0.75%Best |
| AUM | $749M | $742M |
| Dividend Yield | 0.34% | 0.37% |
| Holdings | 26 | 30 |
| YTD Return | +6.59% | +18.20%Best |
| 1Y Return | +8.56% | +18.09%Best |
| 3Y Return (annualized) | +14.04% | - |
| 5Y Return (annualized) | +8.16% | - |
| Volatility (annualized) | 7.3%Best | 24.0% |
| Max Drawdown | -8.1%Best | -23.4% |
| $10,000 over 1.9 years | $11,800 | $14,046Best |
| Fund Family | Swan Capital Management | Tema Global Limited |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 22, 2020 | Dec 3, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 4, 2024 to Oct 14, 2026 (1.9 years).
HEGD vs VOLT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
HEGD vs VOLT Performance
Swan Hedged Equity US Large Cap ETF (HEGD) is an ETF from Swan Capital Management and Tema Electrification ETF (VOLT) is an ETF from Tema Global Limited. Over the past year HEGD returned +8.56% while VOLT returned +18.09%. Year to date, HEGD is up 6.59% versus a gain of 18.20% for VOLT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOLT has been the more volatile fund, with annualized monthly volatility of 24.0% compared with 7.3% for HEGD. 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 -8.1% for HEGD and -23.4% for VOLT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HEGD charges 0.87% per year while VOLT charges 0.75%. On a $10,000 position that is $87 vs $75 annually, a gap of $12 per year that compounds over a long holding period. On income, HEGD currently yields 0.34% against 0.37% for VOLT.
Holdings Overlap
We hold position weights for 2 holdings in HEGD and 27 in VOLT, totalling 93.6% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in HEGD and 27 in VOLT, against full books of 26 and 30.
You are not choosing between two funds in isolation.
Whichever of HEGD and VOLT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HEGD or VOLT?
HEGD has an expense ratio of 0.87% while VOLT charges 0.75%. VOLT is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, HEGD or VOLT?
Over the past year HEGD returned +8.56% vs +18.09% for VOLT, so VOLT leads on 1-year performance. Over the longest common window we track (2 years), HEGD annualized +9.10% vs +19.58% for VOLT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HEGD or VOLT?
VOLT has been the more volatile fund at 24.0% annualized versus 7.3% for HEGD. Worst drawdown: HEGD -8.1% vs VOLT -23.4%.
Should I hold both HEGD and VOLT?
HEGD and VOLT have a monthly-return correlation of 0.53, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, HEGD or VOLT?
HEGD yields 0.34% while VOLT yields 0.37%, so VOLT currently pays the higher dividend yield.
Is VOLT better than HEGD?
VOLT has a lower expense ratio. VOLT led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.