Swan Hedged Equity US Large Cap ETF (HEGD)

Assets	$606.86M
Expense Ratio	0.88%
PE Ratio	n/a
Shares Out	24.11M
Dividend (ttm)	$0.09
Dividend Yield	0.36%
Ex-Dividend Date	Dec 23, 2025
Payout Frequency	Annual
Payout Ratio	n/a

Volume	77,537
Open	25.03
Previous Close	25.19
Day's Range	25.01 - 25.17
52-Week Low	21.11
52-Week High	25.77
Beta	0.56
Holdings	15
Inception Date	Dec 22, 2020

About HEGD

Fund Home Page

The Swan Hedged Equity US Large Cap ETF (HEGD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides hedged exposure to US large-cap companies using ETFs and options. HEGD was launched on Dec 22, 2020 and is issued by Swan.

• Asset Class: Equity
• Category: Equity Hedged
• Region: North America
• Stock Exchange: BATS
• Ticker Symbol: HEGD
• ETF Provider: Swan

Top 10 Holdings

113.01% of assets

Name	Symbol	Weight
State Street® SPDR® S&P 500® ETF	n/a	88.60%
Option on S&P 500 PR	n/a	10.02%
Option on S&P 500 PR	n/a	8.50%
Option on S&P 500 PR	n/a	3.26%
Put On S&P 500 Mar26	n/a	0.75%
Put On S&P 500 Mar26	n/a	0.56%
Put On S&P 500 Mar26	n/a	0.39%
First American Government Obligations Fund	FGXXX	0.37%
Put On S&P 500 Mar26	n/a	0.29%
OTHER ASSETS AND LIABILITIES	n/a	0.27%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 23, 2025	$0.09032	Dec 24, 2025
Dec 27, 2024	$0.09645	Dec 30, 2024
Dec 28, 2023	$0.0759	Jan 2, 2024
Dec 29, 2022	$0.14915	Jan 3, 2023
Dec 29, 2021	$0.06139	Dec 31, 2021

Performance

HEGD had a total return of 12.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.77%.