{"url":"https://etfiq.com/compare/alternatives/ccor-vs-hegd","section":"compare","title":"CCOR vs HEGD: Correlation to the S&P 500 | ETFIQ","description":"CCOR and HEGD both run hedged equity strategies. Over the year to Nov 5, 2026, CCOR had a correlation of \u22120.08 with the S&P 500 and HEGD +0.98.","as_of":"Nov 5, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which moved less with the S&P 500, CCOR or HEGD?","acceptedAnswer":{"@type":"Answer","text":"Over the 52 weeks to Nov 5, 2026, CCOR\u2019s weekly returns had a correlation of \u22120.08 with the S&P 500 and HEGD\u2019s +0.98, so CCOR moved less with the index."}},{"@type":"Question","name":"Which did better when the S&P 500 fell, CCOR or HEGD?","acceptedAnswer":{"@type":"Answer","text":"In the 20 weeks the S&P 500 fell, by 1.61% a week on average, CCOR averaged +0.26% and HEGD \u22121.06%, so CCOR returned more in those weeks."}},{"@type":"Question","name":"Which earned more than cash, CCOR or HEGD?","acceptedAnswer":{"@type":"Answer","text":"Over the same weeks, CCOR finished 7.7 percentage points ahead of cash and HEGD finished 0.6 percentage points ahead of cash. Cash here is BIL, a fund of Treasury bills."}},{"@type":"Question","name":"Which is cheaper, CCOR or HEGD?","acceptedAnswer":{"@type":"Answer","text":"CCOR charges 1.16% a year and HEGD charges 0.87%, so HEGD 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":"CCOR vs HEGD","item":"https://etfiq.com/compare/alternatives/ccor-vs-hegd"}]},{"@type":"WebPage","name":"CCOR vs HEGD: Correlation to the S&P 500","description":"CCOR and HEGD both run hedged equity strategies. Over the year to Nov 5, 2026, CCOR had a correlation of \u22120.08 with the S&P 500 and HEGD +0.98.","url":"https://etfiq.com/compare/alternatives/ccor-vs-hegd","dateModified":"2026-11-05","abstract":"Over the year to Nov 5, 2026, CCOR moved less with the S&P 500 than HEGD: correlation \u22120.08 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 CCOR and HEGD","description":"CCOR and HEGD both run hedged equity strategies. Over the year to Nov 5, 2026, CCOR had a correlation of \u22120.08 with the S&P 500 and HEGD +0.98.","dateModified":"2026-11-05","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/alternatives/ccor-vs-hegd","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":6905,"truncated":true,"content":"ETFIQ / Alternatives ETFs / Compare ETFs / CCOR vs HEGD \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 5, 2026 .\n\n CCOR vs HEGD: Correlation to the S&P 500\n\n Over the year to Nov 5, 2026, CCOR moved less with the S&P 500 than HEGD: correlation \u22120.08 against +0.98.\n Copy this for sharing \n \n HEGD costs 0.29 points a year less; their one-year returns differ by 7.4 points.\n CCOR and HEGD at a glance. As of Nov 5, 2026. Source: ETFIQ. CCOR HEGD \n Expense ratio 1.16% 0.87% \n Net assets, CCOR as of Jul 31, 2026 and HEGD as of Aug 31, 2026 $28m $735m \n Total return, 1 year +11.3% +3.9% \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, CCOR against HEGD, data as of Nov 5, 2026. https://etfiq.com/compare/alternatives/ccor-vs-hegd","a":{"ticker":"CCOR","name":"Core Alternative ETF","issuer":"Core Alternative","desk":"alternatives","as_of":"2026-11-05","verdict":"Over the year to Nov 5, 2026, CCOR returned 11.3%. When the S&P 500 fell, it rose 0.26% a week.","url":"https://etfiq.com/funds/ccor","key_facts":[{"label":"Correlation with the S&P 500","value":"\u22120.08","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Beta to the S&P 500","value":"\u22120.07","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Down-week capture","value":"\u221215.9%","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against T-bills, 52 weeks","value":"+7.7 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":"1.0%","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid quarterly), ex-date Sep 17, 2026","value":"$0.05","as_of":"2026-09-17","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$28m","as_of":"2026-07-31","source":"SEC N-PORT, whole fund, as filed for Jul 31, 2026"},{"label":"Expense ratio","value":"1.16%","as_of":"2026-08-26","source":"485BPOS XBRL, Aug 26, 2026"}]},"b":{"ticker":"HEGD","name":"Swan Hedged Equity US Large Cap ETF","issuer":"Swan","desk":"alternatives","as_of":"2026-11-05","verdict":"Over the year to Nov 5, 2026, HEGD returned 3.9%, against 9.5% for VOO.","url":"https://etfiq.com/funds/hegd","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":"+0.61","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Down-week capture","value":"65.7%","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against T-bills, 52 weeks","value":"+0.6 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 annually), ex-date Dec 23, 2025","value":"$0.0903","as_of":"2025-12-23","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$735m","as_of":"2026-08-31","source":"SEC N-PORT, whole fund, as filed for Aug 31, 2026"},{"label":"Expense ratio","value":"0.87%","as_of":"2026-03-27","source":"485BPOS XBRL, Mar 27, 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/ccor-vs-hegd"}