HWAY Themes US Infrastructure ETF
Quote as of Jul 28, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 37.84 | Day Range | 37.74 – 38.16 |
| 52-Week Range | 28.83 – 43.62 | Volume | 281 |
| Avg Volume | 756 | AUM | $3.8M (Aug 27, 2026) |
| Expense Ratio | 0.29% | Yield (TTM) | 1.06% |
| NAV | 38.03 | Premium/Discount | -0.50% indicative |
| Inception | Sep 12, 2024 | Holdings | 1 |
| Issuer | Themes | Exchange | NASDAQ |
| Category | Materials | Index Tracked | Not stated in source data |
| CUSIP | 882927726 | ISIN | US8829277263 |
| Management | Passive / index-tracking (per issuer description) | ||
About this ETF
HWAY is a passively managed exchange-traded fund designed to provide exposure to a broad spectrum of U.S. infrastructure companies. It targets U.S.-domiciled businesses that generate at least 50% of their revenue from activities essential to infrastructure development and maintenance, including the provision of building materials, specialized equipment, logistics, construction, and engineering services. The initial screening process involves establishing a universe of U.S.-headquartered securities of various market capitalizations, which must also satisfy specific market-cap and liquidity thresholds. Only one share class is included per company. To identify companies truly aligned with the infrastructure theme, the fund utilizes the FactSet RBICS industry classification system. This includes sectors such as Transportation Infrastructure Construction, Transportation Operators, Telecommunication Infrastructure, Water and Energy Infrastructure, Infrastructure Materials and Components, general Infrastructure Construction, and Construction Machinery. Ultimately, the fund selects the top 100 securities by market capitalization from this filtered pool, ensuring that no single holding accounts for more than 4.5% of the portfolio. The portfolio undergoes rebalancing semi-annually.
Description from the fund data provider · profile as of Aug 27, 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 | -1.04% | +2.04% | +14.82% | +22.94% | +28.46% | — | — | — | +24.15% |
| Total return | -1.04% | +2.04% | +14.82% | +22.94% | +28.72% | — | — | — | +24.44% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Jul 31, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.29% | Annual cost of a $10,000 investment | $29.00 |
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 Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 2 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Cash & Other | — | 99.36% | 3.78M | $3.8M |
| 2 | First American Treasury Obligations Fund… | FXFXX | 0.64% | 24.47K | $24.5K |
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Sector Exposure
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) | 1.06% | Paid (last 12 months) | $0.3995 |
| Frequency | Irregular | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Dec 18, 2025 | Last payment | $0.3995 (Dec 19, 2025) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 18, 2025 | Dec 18, 2025 | Dec 19, 2025 | $0.3995 |
| Dec 24, 2024 | Dec 24, 2024 | Dec 26, 2024 | $0.0568 |
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 | 20.76% / — | Sharpe 1Y / 3Y | 1.34 / — |
| Max drawdown 1Y / 3Y | -12.64% / — | Sortino 1Y | 2.06 |
| Beta vs S&P 500 (3Y) | 1.01 | Correlation vs S&P 500 (1Y) | 0.633 |
| Downside deviation 1Y | 13.56% | Risk-free rate used | 3.72% (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 Aug 26, 2026. Formulas →
Liquidity
| Volume today | 281 | Average volume | 756 |
| AUM | $3.8M | Premium/Discount | -0.50% |
| 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 | $0.00 | 0.00% | $3.8M → $3.8M |
| 1 Week | $0.00 | 0.00% | $3.8M → $3.8M |
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 HWAY
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.