Hedgeye Asset Management, LLCModerate AllocationHECA · NYSE Arca
Hedgeye Capital Allocation ETF (HECA)
- Price
- $27.74
- —11 Sept 2026
- Assets
- $282.3M
- Total net assets
- Expense ratio
- 0.81%
- Category 1.04%
- Yield
- 1.09%
- Trailing distributions
- 3Y CAGR
- —
- Category 13.0%
- 5Y CAGR
- —
- Category 6.7%
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Hedgeye Capital Allocation ETF
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily closes. Risk-free rate 4% a year.
- Standard deviation
- —
- Maximum drawdown
- —
- Sharpe ratio
- —
- Sortino ratio
- —
- Beta
- —
- Alpha
- —
- R²
- —
- Information ratio
- —
- Upside capture
- —
- Downside capture
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- Tracking error
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Holdings
The 10 largest positions make up 58.7% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| FGXXX | First American Government Obligs X | 12.64% |
| VFLO | VictoryShares Free Cash Flow ETF | 7.31% |
| IGE | iShares North American Natural Res ETF | 5.45% |
| VYMI | Vanguard Intl Hi Div Yld Idx ETF | 5.40% |
| GNR | State Street® SPDR® S&P® Glb Ntrl Rs ETF | 5.01% |
| CRAK | VanEck Oil Refiners ETF | 5.01% |
| LVHI | Franklin Intl Low Volatility Hi Div ETF | 4.61% |
| AVLV | Avantis US Large Cap Value ETF | 4.58% |
| EFAV | iShares MSCI EAFE Min Vol Factor ETF | 4.51% |
| CALF | Pacer US Small Cap Cash Cows 100 ETF | 4.23% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 16.4
- P/B
- 2.4
- P/S
- 1.5
- P/CF
- 9.1
Sector allocation
Share of the equity the fund holds.
- Financial services22.2%
- Energy20.4%
- Materials11.4%
- Health care9.5%
- Technology9.5%
- Consumer discretionary7.1%
- Industrials6.5%
- Consumer staples5.4%
- Communication services3.4%
- Utilities3.3%
- Real estate1.3%
Asset mix
- Stocks81.4%
- Cash13.1%
- Other5.6%
Credit quality
Share of the bonds by rating.
- US government0.0%
- AAA96.4%
- AA3.0%
- Other0.6%
ETF details
- Issuer
- Hedgeye Asset Management, LLC
- Category
- Asset Allocation · Moderate Allocation
- Ticker
- HECA
- Exchange
- NYSE Arca
- Inception
- 30 Jun 2025 (1.2 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.81% (category 1.04%)
- Holdings turnover
- 0% (category 66%)
- Distribution yield
- 1.09%
- Beta, 3 years
- 0.00
- Total net assets
- $282.3M
Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
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