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Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Hedgeye Capital Allocation ETF

HECA | Active ETF

$27.78

$246 M

2.01%

$0.56

1.30%

Vitals

YTD Return

0.5%

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$246 M

Holdings in Top 10

83.5%

52 WEEK LOW AND HIGH

$27.8
$24.97
$30.82

Expenses

OPERATING FEES

Expense Ratio 1.30%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Hedgeye Capital Allocation ETF

HECA | Active ETF

$27.78

$246 M

2.01%

$0.56

1.30%

HECA - Profile

Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 2.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Hedgeye Capital Allocation ETF
  • Fund Family Name
    N/A
  • Inception Date
    Jul 01, 2025
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund seeks to meet its objective by actively managing and allocating its assets in investments that provide exposure across various asset classes (including equities, bonds and other debt instruments, commodities, and currencies), with a focus on maximizing returns over rolling 12-month horizons while seeking to avoid drawdowns or peak-to-trough declines in the Fund’s net asset value exceeding 15%. The Fund will invest primarily in exchange-traded funds (“ETFs”) but may also invest directly in the equity and debt securities of individual issuers. The Fund will also use options for hedging and investment purposes.
To achieve the Fund’s investment objective, the Adviser implements an integrated investment approach that combines extensive quantitative analysis of eligible securities with primarily rules-based methods of sizing portfolio positions.
The Fund’s strategy emphasizes longer-term drivers of expected returns identified by the Adviser’s proprietary research, controlling risks through broad diversification across asset classes and sectors. The Adviser’s capital allocation and trading processes balance these longer-term expected returns with shorter-term assessments of investment opportunity and peril.
The Adviser utilizes a quantitatively oriented, regime-based framework that seeks to identify macroeconomic themes by measuring and mapping rate-of-change data for both growth and inflation, while considering monetary policy biases. Commonly known as Hedgeye Risk Management, LLC’s (“Hedgeye” or “HRM”) Quad model, this framework is designed to provide guidance on where economies as well as asset prices are likely to trend over coming quarters and how central bank policies may respond to these conditions. The Adviser’s internal research and analysis leverages insights from diverse sources, including external research, to develop and refine its investment themes and identify and take advantage of trends that have ramifications for individual companies or entire industries.
There are no pre-defined limits for allocating portfolio assets to any particular region or regions. Rather, the Adviser will allocate capital based on the Adviser’s judgment and outlook over 12-month rolling periods as informed by the Hedgeye Quad Model. The Fund will gain exposure to non-U.S. markets primarily through U.S.-listed ETFs with exposure to the desired foreign market or markets.
The Fund may use derivatives, such as options, to manage exposure to various asset classes and markets based on actual or expected cash inflows to or outflows from the Fund. The Fund’s options overlay strategy seeks to hedge against downside risk (with a goal of minimizing peak-to-trough drawdowns to no more than 15%), to gain exposure to certain asset classes or economic regions, or to enhance returns. The Fund may also engage in securities lending.
The Fund is classified as “non-diversified” under the Investment Company Act of 1940 (the “1940 Act”), which means that it may invest more of its assets in a smaller number of issuers than “diversified” funds.
Read More

HECA - Performance

Return Ranking - Trailing

Period HECA Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period HECA Return Category Return Low Category Return High Rank in Category (%)
2025 N/A N/A N/A N/A
2024 N/A N/A N/A N/A
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period HECA Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period HECA Return Category Return Low Category Return High Rank in Category (%)
2025 N/A N/A N/A N/A
2024 N/A N/A N/A N/A
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A

HECA - Holdings

Concentration Analysis

HECA Category Low Category High HECA % Rank
Net Assets 246 M N/A N/A N/A
Number of Holdings 18 N/A N/A N/A
Net Assets in Top 10 79.7 M N/A N/A N/A
Weighting of Top 10 83.54% N/A N/A N/A

Top 10 Holdings

  1. iShares MSCI South Korea ETF 11.23%
  2. iShares MSCI Taiwan ETF 10.75%
  3. Invesco QQQ Trust Series 1 9.35%
  4. iShares Currency Hedged MSCI ACWI ex U.S. ETF 8.96%
  5. iShares MSCI Japan ETF 8.20%
  6. VanEck Semiconductor ETF 7.90%
  7. First American Government Obligations Fund 7.66%
  8. iShares Biotechnology ETF 7.37%
  9. iShares MSCI India ETF 6.14%
  10. Global X Copper Miners ETF 5.98%

Asset Allocation

Weighting Return Low Return High HECA % Rank
Stocks 		92.25% N/A N/A N/A
Cash 		7.75% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Other 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A
Bonds 		0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High HECA % Rank
Utilities 		0.00% N/A N/A N/A
Technology 		0.00% N/A N/A N/A
Real Estate 		0.00% N/A N/A N/A
Industrials 		0.00% N/A N/A N/A
Healthcare 		0.00% N/A N/A N/A
Financial Services 		0.00% N/A N/A N/A
Energy 		0.00% N/A N/A N/A
Communication Services 		0.00% N/A N/A N/A
Consumer Defense 		0.00% N/A N/A N/A
Consumer Cyclical 		0.00% N/A N/A N/A
Basic Materials 		0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High HECA % Rank
US 		92.25% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

HECA - Expenses

Operational Fees

HECA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.30% N/A N/A N/A
Management Fee 0.70% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

HECA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

HECA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HECA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

HECA - Distributions

Dividend Yield Analysis

HECA Category Low Category High HECA % Rank
Dividend Yield 2.01% N/A N/A N/A

Dividend Distribution Analysis

HECA Category Low Category High Category Mod
Dividend Distribution Frequency None

Net Income Ratio Analysis

HECA Category Low Category High HECA % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

HECA Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

HECA - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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