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HFND vs HECA

Unlimited HFND Multi-Strategy Return Tracker ETF vs Hedgeye Capital Allocation ETF

HFND

Unlimited HFND Multi-Strategy Return Tracker ETF

Unlimited

Annual cost

1.07%

Fund size

$32M

HECA

Hedgeye Capital Allocation ETF

Hedgeye Asset Management, LLC

Annual cost

1.30%

Fund size

$378M

Key differences

  • HFND costs 0.23% less per year.
  • HECA is significantly larger than HFND — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

HFNDHECA
Annual cost (TER)1.07%1.30%
Fund size (AUM)$32M$378M
Since20222025
Dividend yield4.72%
Asset classalternativealternative
Regionnorth america
Strategymulti strategymulti strategy
CAGR 1Y+18.4%N/A
CAGR 3Y+9.7%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.63N/A
Volatility 1Y9.44%
Max drawdown-13.31%-11.81%

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

Similar to HFND and HECA