HEFT Hedgeye Fourth Turning ETF
Quote as of Oct 09, 2026 19:13 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 26.57 | Day Range | 26.65 – 26.77 |
| 52-Week Range | 24.92 – 28.84 | Volume | 15.61K |
| Avg Volume | 21.79K | AUM | $79.6M (Oct 10, 2026) |
| Expense Ratio | 0.70% | Yield (TTM) | 0.02% |
| NAV | 26.62 | Premium/Discount | +0.41% indicative |
| Inception | Nov 20, 2025 | Holdings | — |
| Issuer | Hedgeye | Exchange | AMEX |
| Category | Developed Markets | Index Tracked | Not stated in source data |
| CUSIP | 26923Q416 | ISIN | US26923Q4165 |
| Management | Actively managed (per issuer description) | ||
About this ETF
HEFT aims for long-term capital appreciation with a longshort strategy, guided by the Fourth Turning generational theory. The strategy anticipates an era of social, political, and economic upheaval with unique risks and opportunities. The fund seeks real returns over rolling three-year periods, considering investment themes perceived to be strong during the transformation (macro volatility, policy regime shifts, demographic changes, populism, and institutional restructuring). HEFT may hold up to 150% long exposure in assets expected to benefit from these trends (real assets, defense, infrastructure, commodities, companies supporting reshoring/security themes), and up to 50% short exposure in those likely to underperform. Allocation and position sizing reflect thematic/demographic research signals. The fund gains long exposure through direct securities, ETFs, options, futures, swaps or derivatives. The actively managed fund may hedge currency on its non-US assets.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +0.60% | +1.86% | +1.52% | +5.73% | — | — | — | — | +6.75% |
| Total return | +0.60% | +1.87% | +1.52% | +5.74% | — | — | — | — | +6.75% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.70% | Annual cost of a $10,000 investment | $70.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 67 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Vanguard Morningstar Total Stock Market ETF | VTI | 15.07% | 31.45K | $12.0M |
| 2 | Cash & Other | — | 12.00% | 9.56M | $9.6M |
| 3 | State Street SPDR Bloomberg Enhanced Roll Yield… | CERY | 10.91% | 217.87K | $8.7M |
| 4 | iMGP DBi Managed Futures Strategy ETF | DBMF | 10.50% | 252.42K | $8.4M |
| 5 | F/m US Treasury 2 Year Note ETF | UTWO | 9.26% | 155.37K | $7.4M |
| 6 | First American Government Obligations Fund… | — | 8.68% | 6.92M | $6.9M |
| 7 | State Street Technology Select Sector SPDR ETF | XLK | 7.36% | 29.50K | $5.9M |
| 8 | iShares Ultra Short Duration Bond Active ETF | ICSH | 6.44% | 101.94K | $5.1M |
| 9 | State Street Energy Select Sector SPDR ETF | XLE | 3.12% | 38.16K | $2.5M |
| 10 | First Trust NASDAQ Cybersecurity ETF | CIBR | 3.07% | 22.27K | $2.4M |
| 11 | SPDR Gold Shares | GLD | 2.51% | 5.21K | $2.0M |
| 12 | State Street SPDR S&P Oil & Gas Exploration &… | XOP | 2.17% | 9.04K | $1.7M |
| 13 | Altria Group Inc | MO | 2.00% | 22.21K | $1.6M |
| 14 | ProShares S&P 500 Dividend Aristocrats ETF | NOBL | 1.99% | 28.86K | $1.6M |
| 15 | Franklin U.S. Low Volatility High Dividend… | LVHD | 1.99% | 37.69K | $1.6M |
| 16 | Philip Morris International Inc | PM | 1.99% | 7.88K | $1.6M |
| 17 | State Street SPDR S&P Kensho Future Security ETF | FITE | 1.53% | 10.73K | $1.2M |
| 18 | Dollar General Corp | DG | 1.52% | 9.54K | $1.2M |
| 19 | ROBO Global R Healthcare Technology and… | HTEC | 1.50% | 27.86K | $1.2M |
| 20 | VanEck Oil Refiners ETF | CRAK | 1.19% | 14.34K | $950.7K |
| 21 | Shopify Inc | SHOP | 1.19% | 5.55K | $948.6K |
| 22 | Snowflake Inc | SNOW | 1.11% | 2.40K | $885.3K |
| 23 | Palantir Technologies Inc | PLTR | 1.10% | 4.18K | $874.9K |
| 24 | Antero Midstream Corp | AM | 1.02% | 38.64K | $815.0K |
| 25 | McKesson Corp | MCK | 1.02% | 862 | $809.3K |
Click a ticker to see every ETF that owns it.
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 0.02% | Paid (last 12 months) | $0.0050 |
| Frequency | Irregular | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Dec 30, 2025 | Last payment | $0.0050 (Dec 31, 2025) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 30, 2025 | Dec 30, 2025 | Dec 31, 2025 | $0.0050 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 11.49% / — | Sharpe 1Y / 3Y | 0.386 / — |
| Max drawdown 1Y / 3Y | -9.17% / — | Sortino 1Y | 0.511 |
| Beta vs S&P 500 (3Y) | 0.157 | Correlation vs S&P 500 (1Y) | 0.331 |
| Downside deviation 1Y | 8.68% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 10, 2026. Formulas →
Liquidity
| Volume today | 15.61K | Average volume | 21.79K |
| AUM | $79.6M | Premium/Discount | +0.41% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$29.3K | -0.04% | $79.6M → $79.6M |
| 1 Month | -$1.0M | -1.28% | $79.9M → $79.6M |
| 1 Week | -$273.0K | -0.35% | $79.1M → $79.6M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for HEFT
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.