Hedgeye Asset Management, LLCModerate AllocationHECA · NYSE Arca

Hedgeye Capital Allocation ETF (HECA)

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Price: $26.57; —30 Oct 2026
Assets: $271.6M; Total net assets
Expense ratio: 0.81%; Category 1.04%
Yield: 1.12%; Trailing distributions

1Y return: -4.4%-13.1%; Category 8.7%
3Y CAGR: —; Category 13.9%
5Y CAGR: —; Category 5.7%

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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: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-2.3%	-2.5%	-4.1%	-3.9%	-4.4%	—	—	—	+6.3%
Moderate Allocation average	0.1%	0.0%	0.8%	7.2%	8.7%	13.9%	5.7%	6.4%	7.9%
Difference	-2.4%	-2.5%	-4.9%	-11.1%	-13.1%	—	—	—	-1.7%

Holdings

The 10 largest positions make up 78.0% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
FGXXX	First American Government Obligs X	18.72%
JAAA	Janus Henderson AAA CLO ETF	12.93%
FLTR	VanEck IG Floating Rate ETF	7.45%
DBMF	iMGP DBi Managed Futures Strategy ETF	7.12%
BKLN	Invesco Senior Loan ETF	6.66%
CLOZ	Eldridge BBB-B CLO ETF	6.04%
XLV	State Street®HlthCrSelSectSPDR®ETF	5.25%
CIBR	First Trust NASDAQ Cybersecurity ETF	4.92%
IBIT	iShares Bitcoin Trust ETF	4.62%
CRAK	VanEck Oil Refiners ETF	4.35%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 23.5
P/B: 4.2
P/S: 1.7
P/CF: 14.3

Sector allocation

Share of the equity the fund holds.

Technology55.5%
Health care19.8%
Energy18.8%
Financial services2.4%
Communication services1.3%
Industrials1.1%
Materials0.7%
Consumer discretionary0.3%
Consumer staples0.1%

Asset mix

Bonds33.3%
Stocks26.8%
Cash21.3%
Other18.7%
Preferred shares0.0%

Credit quality

Share of the bonds by rating.

US government2.5%
AAA46.8%
AA7.4%
A16.1%
BBB7.5%
BB4.8%
B16.5%
Below B0.7%
Other0.3%

ETF details

Issuer: Hedgeye Asset Management, LLC
Category: Asset Allocation · Moderate Allocation
Ticker: HECA
Exchange: NYSE Arca
Inception: 30 Jun 2025 (1.3 years)
Structure: Exchange Traded Fund
Expense ratio: 0.81% (category 1.04%)
Holdings turnover: 0% (category 66%)
Distribution yield: 1.12%
Beta, 3 years: 0.00
Total net assets: $271.6M
Average duration: 5.66 years
Average maturity: 9.99 years

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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