HEGD Swan Hedged Equity US Large Cap ETF
HEGD seeks to invest in (one or more) ETFs that provide exposure to the US large-cap market, and hedges using put and call options as a defined risk strategy. The fund uses exchange-traded options on the S&P 500 Index. It invests in long-term put options for hedging purposes, and a combination of put and call options to increase income. Essentially, the portfolio contains an equity portion which is hedged with put options, combined with an actively managed option strategy that seeks additional returns and decrease volatility. As such, HEGD will also regularly engage in various spread option strategies. The fund intends to hold its ETF portfolio indefinitely, while the options are bought and sold when unfavorable risk is present. Rebalancing occurs annually.
Performance
| 1M | 3M | YTD | 1Y | 3Y ann. | 5Y ann. | |
|---|---|---|---|---|---|---|
| HEGD | -1.6% | -2.9% | +5.3% | +5.6% | +13.1% | +7.1% |
| Equity average (4725 funds) | -2.2% | -4.7% | +3008.3% | +1886.0% | +15.1% | +2.6% |
Insider activity in the holdings
Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: +$0 net.
No open-market insider buys in the holdings in the last 90 days.
Holdings · as of Nov 13, 2026
| # | Holding | Weight |
|---|---|---|
| 1 | SPY State Street SPDR S&P 500 ETF Trust | 93.44% |
| 2 | HEGD SPX US 12/17/27 C7500 | 2.51% |
Sector breakdown
Country breakdown
Distributions
| Date | Per unit |
|---|---|
| Dec 23, 2025 | $0.0903 |
| Dec 27, 2024 | $0.0964 |
| Dec 28, 2023 | $0.0759 |
| Dec 29, 2022 | $0.1492 |
| Dec 29, 2021 | $0.0614 |
Members of Congress who disclosed this ETF
No member of Congress has disclosed a trade in HEGD in the filings we hold.
Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error