(HEGD) Swan Hedged Equity US Large - Overview
Etf: Large-Cap, U.S., Equity, Options
Dividends
| Dividend Yield | 0.35% |
| Yield on Cost 5y | 0.53% |
| Yield CAGR 5y | 10.21% |
| Payout Consistency | 89.6% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 8.05% |
| Relative Tail Risk | 3.66% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.85 |
| Alpha | 3.32 |
| Character TTM | |
|---|---|
| Beta | 0.386 |
| Beta Downside | 0.319 |
| Drawdowns 3y | |
|---|---|
| Max DD | 8.14% |
| CAGR/Max DD | 1.65 |
Description: HEGD Swan Hedged Equity US Large December 28, 2025
The Swan Hedged Equity US Large-Cap ETF (HEGD) is an actively managed fund that allocates at least 80 % of its net assets-plus any investment-purpose borrowings-to equity securities of large-cap U.S. companies, primarily through other investment vehicles such as ETFs. The strategy also incorporates options (both puts and calls) to hedge downside risk and enhance return potential.
As of the latest filing, HEGD reports an expense ratio of roughly 0.55 % and manages around $550 million in assets, giving it sufficient scale to execute its option-based hedging without excessive transaction costs. Its performance tends to track the S&P 500 with a lower beta (≈0.85), reflecting the protective overlay; consequently, the fund is less sensitive to equity market volatility but still exposed to macro drivers such as U.S. interest-rate policy, inflation expectations, and sector rotation-particularly in technology and consumer discretionary, which dominate its large-cap holdings.
If you want a deeper, data-driven view of HEGD’s risk-adjusted returns and hedging efficiency, a quick look at ValueRay’s analytics can help you spot any hidden upside or downside before committing capital.
What is the price of HEGD shares?
Over the past week, the price has changed by -0.06%, over one month by +0.14%, over three months by +1.65% and over the past year by +11.44%.
Is HEGD a buy, sell or hold?
What are the forecasts/targets for the HEGD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 28.4 | 11.5% |
HEGD Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 623.2m USD (623.2m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 623.2m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 623.2m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.34% (E(623.2m)/V(623.2m) * Re(7.34%) + (debt-free company))
Discount Rate = 7.34% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)