Summary
HEGD
Prices · period metrics · 12M
NAV as of 03/06/2026
02/04/2025 → 02/04/2026
Return 17.88% Volatility 7.99% Sharpe 1.19
Official loaded data — not a live quote.

SWAN HEDGED EQUITY US LARGE CAP ETF

Symbol: HEGD

Exchange: BATS

Sector: Technology

Category: Equity Hedged

Inception date: 22/12/2020

Latest date: 03/06/2026

Current price: $26.93

Expense ratio: 0.87%

Assets under management
$663.2M
-0.28% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

3.52%

Ann. -22.51% (Sharpe / Sortino numerator)

Volatility

7.42%

Sharpe ratio

-3.523

VaR 95%

-0.74%

CVaR 95%: -0.87%
Max drawdown: -3.48%
Sortino ratio: -6.200
Calmar ratio: -6.47

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

6.59%

Ann. -8.30% (Sharpe / Sortino numerator)

Volatility

6.48%

Sharpe ratio

-1.840

VaR 95%

-0.74%

CVaR 95%: -0.91%
Max drawdown: -4.39%
Sortino ratio: -2.593
Calmar ratio: -1.89

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

6.23%

Ann. -0.93% (Sharpe / Sortino numerator)

Volatility

7.00%

Sharpe ratio

-0.652

VaR 95%

-0.75%

CVaR 95%: -1.04%
Max drawdown: -4.39%
Sortino ratio: -0.879
Calmar ratio: -0.21

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

17.88%

Ann. 13.11% (Sharpe / Sortino numerator)

Volatility

7.99%

Sharpe ratio

1.186

VaR 95%

-0.75%

CVaR 95%: -1.08%
Max drawdown: -4.39%
Sortino ratio: 1.802
Calmar ratio: 2.99

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

31.45%

Ann. 10.13% (Sharpe / Sortino numerator)

Volatility

8.32%

Sharpe ratio

0.781

VaR 95%

-0.89%

CVaR 95%: -1.15%
Max drawdown: -8.14%
Sortino ratio: 1.153
Calmar ratio: 1.24

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

50.84%

Ann. 12.60% (Sharpe / Sortino numerator)

Volatility

8.05%

Sharpe ratio

1.115

VaR 95%

-0.81%

CVaR 95%: -1.08%
Max drawdown: -8.14%
Sortino ratio: 1.730
Calmar ratio: 1.55

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 03/06/2025 - 03/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.067%

Best day

1.099%

04/08/2025
Worst day

-1.556%

10/10/2025
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
03/06/2026 $27.01 $27.14 $26.91 $26.93 101,800
02/06/2026 $27.00 $27.11 $27.00 $27.11 37,200
01/06/2026 $26.90 $27.07 $26.90 $27.02 44,400
29/05/2026 $26.93 $27.18 $26.93 $26.97 181,600
28/05/2026 $26.79 $26.97 $26.79 $26.97 123,700
27/05/2026 $26.84 $26.89 $26.72 $26.80 146,200
26/05/2026 $26.81 $26.88 $26.76 $26.82 109,900
22/05/2026 $26.73 $26.74 $26.65 $26.69 99,000
21/05/2026 $26.49 $26.75 $26.49 $26.61 115,600
20/05/2026 $26.42 $26.60 $26.41 $26.57 63,800