Simplify Hedged Equity ETF (HEQT)

Simplify Hedged Equity ETF (HEQT) is an exchange-traded fund in the Equity Hedged category. It has $313.68M in assets, an expense ratio of 0.43% and a 1.20% dividend yield. The adviser seeks to achieve the fund’s investment objective by investing primarily in equity securities and applying an option overlay known as a “put/spread collar” strategy. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, primarily by purchasing exchange-traded funds (“ETFs”) that seek to track the investment results of the S&P 500 Index. The fund typically invests at least 80% of the fund’s portfolio i…