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MSMR vs HECA

McElhenny Sheffield Managed Risk ETF vs Hedgeye Capital Allocation ETF

MSMR

McElhenny Sheffield Managed Risk ETF

MSCM Funds

Annual cost

1.06%

Fund size

$166M

HECA

Hedgeye Capital Allocation ETF

Hedgeye Asset Management, LLC

Annual cost

1.30%

Fund size

$378M

Key differences

  • MSMR costs 0.24% less per year.
  • MSMR is classified as equity, while HECA is alternative — different risk/return profiles.
  • MSMR follows a active selection strategy; HECA uses multi strategy.

Side-by-side comparison

MSMRHECA
Annual cost (TER)1.06%1.30%
Fund size (AUM)$166M$378M
Since20212025
Dividend yield1.88%
Asset classequityalternative
Regionnorth america
Strategyactive selectionmulti strategy
CAGR 1Y+25.9%N/A
CAGR 3Y+20.5%N/A
CAGR 5YN/AN/A
Sharpe 3Y1.40N/A
Volatility 1Y12.03%
Max drawdown-14.86%-11.81%

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

Similar to MSMR and HECA