{"url":"https://etfiq.com/compare/alternatives/acio-vs-heqt","section":"compare","title":"ACIO vs HEQT: Correlation to the S&P 500 | ETFIQ","description":"ACIO and HEQT both run hedged equity strategies. Over the year to Nov 5, 2026, ACIO had a correlation of +0.98 with the S&P 500 and HEQT +0.97.","as_of":"Nov 5, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which moved less with the S&P 500, ACIO or HEQT?","acceptedAnswer":{"@type":"Answer","text":"Over the 52 weeks to Nov 5, 2026, ACIO\u2019s weekly returns had a correlation of +0.98 with the S&P 500 and HEQT\u2019s +0.97, so HEQT moved less with the index."}},{"@type":"Question","name":"Which did better when the S&P 500 fell, ACIO or HEQT?","acceptedAnswer":{"@type":"Answer","text":"In the 20 weeks the S&P 500 fell, by 1.61% a week on average, ACIO averaged \u22121.27% and HEQT \u22120.90%, so HEQT returned more in those weeks."}},{"@type":"Question","name":"Which earned more than cash, ACIO or HEQT?","acceptedAnswer":{"@type":"Answer","text":"Over the same weeks, ACIO finished 1.6 percentage points ahead of cash and HEQT finished 4.0 percentage points ahead of cash. Cash here is BIL, a fund of Treasury bills."}},{"@type":"Question","name":"Which is cheaper, ACIO or HEQT?","acceptedAnswer":{"@type":"Answer","text":"ACIO charges 0.79% a year and HEQT charges 0.48%, so HEQT is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Alternatives ETFs","item":"https://etfiq.com/alternatives/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"ACIO vs HEQT","item":"https://etfiq.com/compare/alternatives/acio-vs-heqt"}]},{"@type":"WebPage","name":"ACIO vs HEQT: Correlation to the S&P 500","description":"ACIO and HEQT both run hedged equity strategies. Over the year to Nov 5, 2026, ACIO had a correlation of +0.98 with the S&P 500 and HEQT +0.97.","url":"https://etfiq.com/compare/alternatives/acio-vs-heqt","dateModified":"2026-11-05","abstract":"Over the year to Nov 5, 2026, HEQT moved less with the S&P 500 than ACIO: correlation +0.97 against +0.98.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of ACIO and HEQT","description":"ACIO and HEQT both run hedged equity strategies. Over the year to Nov 5, 2026, ACIO had a correlation of +0.98 with the S&P 500 and HEQT +0.97.","dateModified":"2026-11-05","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/alternatives/acio-vs-heqt","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/alternatives.json"}],"variableMeasured":["Correlation with the S&P 500","Beta to the S&P 500","Down-week capture","Average week when the S&P 500 fell","Return against T-bills","Total return","Strategy","Expense ratio"],"keywords":["exchange-traded funds","ETF","Alternatives ETFs","fund data","SEC filings"]}],"characters":6960,"truncated":true,"content":"ETFIQ / Alternatives ETFs / Compare ETFs / ACIO vs HEQT \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 5, 2026 .\n\n ACIO vs HEQT: Correlation to the S&P 500\n\n Over the year to Nov 5, 2026, HEQT moved less with the S&P 500 than ACIO: correlation +0.97 against +0.98.\n Copy this for sharing \n \n HEQT costs 0.31 points a year less; their one-year returns differ by 2.7 points.\n ACIO and HEQT at a glance. As of Nov 5, 2026. Source: ETFIQ. ACIO HEQT \n Expense ratio 0.79% 0.48% \n Net assets, ACIO as of Jul 31, 2026 and HEQT as of Nov 4, 2026 $2.4bn $310m \n Total return, 1 year +4.4% +7.1% \n ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, ACIO against HEQT, data as of Nov 5, 2026. https://etfiq.com/compare/alternatives/acio-vs-heqt","a":{"ticker":"ACIO","name":"Aptus Collared Investment Opportunity ETF","issuer":"Aptus","desk":"alternatives","as_of":"2026-11-05","verdict":"Over the year to Nov 5, 2026, ACIO returned 4.4%, against 9.5% for VOO.","url":"https://etfiq.com/funds/acio","key_facts":[{"label":"Correlation with the S&P 500","value":"+0.98","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Beta to the S&P 500","value":"+0.75","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Down-week capture","value":"79.0%","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against T-bills, 52 weeks","value":"+1.6 pts","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"0.4%","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid quarterly), ex-date Sep 29, 2026","value":"$0.0349","as_of":"2026-09-29","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$2.4bn","as_of":"2026-07-31","source":"SEC N-PORT, whole fund, as filed for Jul 31, 2026"},{"label":"Expense ratio","value":"0.79%","as_of":"2026-08-26","source":"485BPOS XBRL, Aug 26, 2026"}]},"b":{"ticker":"HEQT","name":"Simplify Hedged Equity ETF","issuer":"Simplify","desk":"alternatives","as_of":"2026-11-05","verdict":"Over the year to Nov 5, 2026, HEQT returned 7.1%, against 9.5% for VOO.","url":"https://etfiq.com/funds/heqt","key_facts":[{"label":"Correlation with the S&P 500","value":"+0.97","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Beta to the S&P 500","value":"+0.57","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Down-week capture","value":"55.8%","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against T-bills, 52 weeks","value":"+4.0 pts","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"1.3%","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid quarterly), ex-date Sep 25, 2026","value":"$0.10","as_of":"2026-09-25","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$310m","as_of":"2026-11-04","source":"issuer page, as of Nov 4, 2026"},{"label":"Expense ratio","value":"0.48%","as_of":"2026-10-28","source":"485BPOS XBRL, Oct 28, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/alternatives/acio-vs-heqt"}