Unlimited HFND Multi-Strategy Return Tracker ETF (HFND)
| Assets | $34.98M |
| Expense Ratio | 1.22% |
| PE Ratio | 16.59 |
| Shares Out | 1.55M |
| Dividend (ttm) | $0.29 |
| Dividend Yield | 1.30% |
| Ex-Dividend Date | Dec 27, 2023 |
| Payout Ratio | 21.53% |
| 1-Year Return | +11.14% |
| Volume | 9,840 |
| Open | 22.61 |
| Previous Close | 22.66 |
| Day's Range | 22.37 - 22.72 |
| 52-Week Low | 20.35 |
| 52-Week High | 22.84 |
| Beta | 0.49 |
| Holdings | 68 |
| Inception Date | Oct 10, 2022 |
About HFND
Fund Home PageThe Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that seeks to outperform the hedge fund industry by taking long and short positions in broad-based ETFs and futures contracts. The fund attempts to build a portfolio with similar return characteristics to the hedge fund industry gross of fees returns. HFND was launched on Oct 10, 2022 and is issued by Tidal.
Top 10 Holdings
91.54% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares iBoxx $ High Yield Corporate Bond ETF | HYG | 30.50% |
| Cash Offset | n/a | 11.37% |
| Vanguard FTSE Emerging Markets ETF | VWO | 9.40% |
| DEPOSITS WITH BROKER FOR SHORT POSITIONS | n/a | 9.00% |
| E-mini S&P 500 Future Dec 24 | n/a | 8.76% |
| Invesco Senior Loan ETF | BKLN | 5.13% |
| Vanguard Total International Stock ETF | VXUS | 5.06% |
| Vanguard Growth ETF | VUG | 4.26% |
| iShares MSCI Australia ETF | EWA | 4.05% |
| iShares Convertible Bond ETF | ICVT | 4.02% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2023 | $0.294 | Dec 29, 2023 |
| Dec 22, 2022 | $0.088 | Dec 27, 2022 |
News
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HFND: Interesting Concept But Wait For More Data
The HFND ETF aims to replicate the gross returns of the hedge fund industry through ETFs and futures. It is managed by Bob Elliott, a former fund manager at Bridgewater Associates.
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