HEGD – Swan Hedged Equity US Large Cap ETF

Swan Hedged Equity US Large Cap ETF (HEGD) is an Equity Hedged ETF, issued by Swan, $607M in assets, 0.88% expense ratio.

Returns as of Oct 23, 2026: 1 week -0.4%, 1 year +11.3%.

Actively invests in large cap U.S. equities, using put and call options for hedging strategies.

Top holdings

• SPY – SPDR S&P 500 ETF Trust, 88.6%
• FGXXX – First American Funds Inc. - Government Obligations Fund, 0.4%

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