HFEQ Unlimited HFEQ Equity Long/Short ETF
Quote as of Oct 09, 2026 19:59 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 23.12 | Day Range | 23.24 – 23.41 |
| 52-Week Range | 20.40 – 25.11 | Volume | 778 |
| Avg Volume | 10.44K | AUM | $12.4M (Oct 10, 2026) |
| Expense Ratio | 1.00% | Yield (TTM) | 9.44% |
| NAV | 23.15 | Premium/Discount | +0.65% indicative |
| Inception | Jul 14, 2025 | Holdings | — |
| Issuer | Unlimited | Exchange | NYSE |
| Category | Global | Index Tracked | Not stated in source data |
| CUSIP | 886364371 | ISIN | US8863643719 |
| Structure | Leveraged -1x Inverse | ||
| Management | Actively managed (per issuer description) | ||
About this ETF
The Unlimited HFEQ Equity Long/Short ETF (HFEQ) is an actively managed exchange-traded fund that aims to replicate the return profiles commonly associated with the hedge fund industry. It specifically targets a volatility level roughly double that of typical market movements. This is achieved by investing in a portfolio of other ETFs, which are then strategically adjusted using futures contracts, swap agreements, and direct holdings in individual stocks.
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 | -2.35% | -4.12% | — | +11.80% | +1.75% | — | — | — | +16.38% |
| Total return | -2.35% | -4.12% | — | +11.80% | +12.34% | — | — | — | +28.52% |
* 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 | 1.00% | Annual cost of a $10,000 investment | $100.00 |
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. 22 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Vanguard Morningstar Value ETF | VTV | 9.77% | 10.06K | $2.2M |
| 2 | MSCI EmgMkt Dec26 | — | 8.59% | 23 | $1.9M |
| 3 | NASDAQ 100 E-MINI Dec26 | — | 8.21% | 3 | $1.9M |
| 4 | Vanguard Morningstar Mid-Cap ETF | VO | 7.87% | 22.14K | $1.8M |
| 5 | First American Government Obligations Fund… | — | 7.52% | 1.70M | $1.7M |
| 6 | State Street Materials Select Sector SPDR ETF | XLB | 6.85% | 31.43K | $1.5M |
| 7 | MSCI EAFE Dec26 | — | 6.84% | 10 | $1.5M |
| 8 | EURO STOXX 50 Dec26 | — | 6.09% | 20 | $1.4M |
| 9 | S&P500 EMINI FUT Dec26 | — | 5.18% | 3 | $1.2M |
| 10 | E-Mini Russ 2000 Dec26 | — | 4.97% | 8 | $1.1M |
| 11 | Cash & Other | — | 4.45% | 1.01M | $1.0M |
| 12 | CBOE VIX FUTURE Oct26 | — | 4.05% | 52 | $916.4K |
| 13 | State Street Industrial Select Sector SPDR ETF | XLI | 3.92% | 5.26K | $885.6K |
| 14 | State Street Consumer Discretionary Select… | XLY | 3.62% | 7.34K | $819.8K |
| 15 | Vanguard US Momentum Factor ETF | VFMO | 3.57% | 3.54K | $807.0K |
| 16 | State Street SPDR S&P Retail ETF | XRT | 2.73% | 7.36K | $617.2K |
| 17 | XAF Financial Dec26 | — | 2.23% | 3 | $504.6K |
| 18 | State Street SPDR S&P Biotech ETF | XBI | 1.92% | 2.90K | $433.7K |
| 19 | State Street Utilities Select Sector SPDR ETF | XLU | 1.87% | 10.28K | $422.4K |
| 20 | NIKKEI 225 (CME) Dec26 | — | 1.51% | 1 | $342.1K |
| 21 | State Street Energy Select Sector SPDR ETF | XLE | 0.68% | 2.37K | $154.7K |
| 22 | Emini S&P ReEstateDec26 | — | -2.45% | -11 | -$553.2K |
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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) | 9.44% | Paid (last 12 months) | $2.1990 |
| Frequency | Irregular | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Dec 24, 2025 | Last payment | $2.1990 (Dec 26, 2025) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 24, 2025 | Dec 24, 2025 | Dec 26, 2025 | $2.1990 |
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 | 20.93% / — | Sharpe 1Y / 3Y | 0.64 / — |
| Max drawdown 1Y / 3Y | -10.70% / — | Sortino 1Y | 0.902 |
| Beta vs S&P 500 (3Y) | 1.06 | Correlation vs S&P 500 (1Y) | 0.838 |
| Downside deviation 1Y | 14.85% | 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 | 778 | Average volume | 10.44K |
| AUM | $12.4M | Premium/Discount | +0.65% |
| 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 | -$37.9K | -0.30% | $12.4M → $12.4M |
| 1 Month | -$12.0M | -48.61% | $24.8M → $12.4M |
| 1 Week | -$38.7K | -0.31% | $12.4M → $12.4M |
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 HFEQ
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.