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HFGM vs KAT

Unlimited HFGM Global Macro ETF vs Scharf ETF

HFGM

Unlimited HFGM Global Macro ETF

Unlimited

Annual cost

1.01%

Fund size

$133M

KAT

Scharf ETF

Scharf Investments

Annual cost

0.75%

Fund size

$688M

Key differences

  • KAT costs 0.26% less per year.
  • KAT is significantly larger than HFGM — larger funds tend to be more liquid and less likely to close.
  • HFGM is classified as alternative, while KAT is equity — different risk/return profiles.
  • HFGM follows a tactical allocation strategy; KAT uses active selection.
  • KAT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HFGMKAT
Annual cost (TER)1.01%0.75%
Fund size (AUM)$133M$688M
Since20252011
Dividend yield5.05%0.39%
Asset classalternativeequity
Region
Strategytactical allocationactive selection
CAGR 1Y+42.9%N/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y22.77%
Max drawdown-10.66%-9.25%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to HFGM and KAT