Compare · 2 funds side by side · dividends reinvested

CBLS and HEGD

CBLSChangebridge×HEGDSwan×

Versus in desk

Story of the two · Growth5Y$10,000 five years agoDividends reinvested · both on one scale$14,533HEGD · best of the two

02 / 04

CBLS and HEGD, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

Swan Hedged Equity US Large Cap ETFDefined Outcome · Hedged equity0.88%0.34%+6.7%+6.2%+15.2%+7.8%−4.4%8.1%$731M1.1

Clough Hedged Equity ETFDefined Outcome · Hedged equity1.89%0.88%+2.3%−0.1%+15.1%+2.2%−17.9%19.4%$48M1.9

Rank among the two1st → 2ndFee, drop and volatility: lower ranks higherAvg rank: mean of the 8 ranks · 1 is best

End-of-day Nov 4, 2026 · returns include dividends · since: CBLS 2020 · HEGD 2020

Head to Head

Swap sides Versus in desk

Head to Head

Clough Hedged Equity ETF · $48M$11,127

CBLS

HEGD

Swan Hedged Equity US Large Cap ETF · $731M$14,533

$10,000 five years ago, dividends reinvested · they hold 0.0% in common

CBLSMeasureHEGD

+2.3%Year to dateJan 1 → Nov 4+6.7%

−0.1%1 yearTotal return+6.2%

+15.1%3 years · per year$10,000 became $15,244 · $15,284+15.2%

+2.2%5 years · per year$10,000 became $11,127 · $14,533+7.8%

1.89%Expense ratio$189 · $88 a year on $10k · lower is better0.88%

0.88%Trailing 12-mo yield$88 · $34 a year on $10k0.34%

−17.9%Worst dropSmaller is better−4.4%

19.4%VolatilityLower is calmer8.1%

CBLSHEGD Winner of the row, in its colourEach row: the bigger of the two fills its side

1–7HEGD wins

End-of-day Nov 4, 2026 · returns include dividends · 3Y and 5Y figures are per-year returns

More Ways to See the Pairs

CBLS vs HEGD: Top 5 Holdings

Today

CBLS

16.5%in top 5

HEGD

in top 593.3%

CBLSStockHEGD

not top 5SPY93.3%

3.4%VGnot top 5

3.4%ROLnot top 5

3.4%SNnot top 5

3.2%LNGnot top 5

3.1%UNHnot top 5

Held in common0.0%

End-of-day Nov 4, 2026 · share of each fund

CBLS vs HEGD Returns, Every Period

ChangebridgeCBLS

+2.2%

5 years, per year

HEGDSwan

+7.8%

5 years, per year

CBLSHEGDFaded: behind in that period

0–4HEGD wins

End-of-day Nov 4, 2026 · dividends in · faded = behind in that period

CBLS vs HEGD

YTD

ChangebridgeCBLS

+2.3%

HEGDSwan

+6.7%

+2.3%Year to date+6.7%

−17.9%Worst drop · 1Y−4.4%

19.4%Volatility · 1Y8.1%

0.9%Yield0.3%

$48.4MAssets$731M

3–1HEGD wins

End-of-day Nov 4, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: CBLS, HEGD

Today

0.88%lowest, HEGD

FundExpense ratioFee$10k

HEGD0.88%$88

CBLS1.89%$189

End-of-day Nov 4, 2026 · fee on $10,000 a year

Yields: CBLS, HEGD

0.88%highest, CBLS

FundTrailing yieldYield$10k

CBLS0.88%$88

HEGD0.34%$34

End-of-day Nov 4, 2026 · trailing 12-month yield

Income After Fees on $10,000

−$54most kept, HEGD

HEGD$34 − $88 = −$54

CBLS$88 − $189 = −$101

KeptFee

End-of-day Nov 4, 2026 · yield in dollars minus the fee

Overlap: CBLS, HEGD

Today

0.0%most shared, CBLS and HEGD

CBLSHEGD

CBLS—0.0%

HEGD0.0%—

End-of-day Nov 4, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 2 ETFs

+6.2%HEGD, at 8.1% volatility

HEGDWorst drop−4.4%8.1% vol

CBLSWorst drop−17.9%19.4% vol

End-of-day Nov 4, 2026 · up and left is better

Paid More vs Made More

YTD

CBLSHEGD

+2.3%Year to date+6.7%

0.9%Yield0.3%

−0.1%Past year+6.2%

1.89%Fee0.88%

3–1HEGD wins

End-of-day Nov 4, 2026

Popular Pairs Near These Two

SCHD vs VIG

YTD

SchwabSCHD

+35.3%

VIGVanguard

+16.4%

+35.3%Year to date+16.4%

2.9%Yield1.4%

$123BAssets$109B

2–0SCHD wins

End-of-day Nov 4, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+8.8%

+8.5%Year to date+8.8%

12.2%Yield7.8%

$42.1BAssets$46.1B

1–1level

End-of-day Nov 4, 2026

SPYM vs SPY

YTD

SPDRSPYM

+13.4%

SPYSPDR

+13.3%

+13.4%Year to date+13.3%

1.0%Yield1.0%

$182BAssets$805B

1–0SPYM wins

End-of-day Nov 4, 2026