Hedgeye Index Adds ETF (ADDS)
| Assets | $7.04M |
| Expense Ratio | 0.70% |
| PE Ratio | 53.09 |
| Shares Out | 280,000 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 9,490 |
| Open | 25.03 |
| Previous Close | 25.12 |
| Day's Range | 24.50 - 25.03 |
| 52-Week Low | 23.36 |
| 52-Week High | 27.58 |
| Beta | n/a |
| Holdings | 40 |
| Inception Date | May 27, 2026 |
About ADDS
Fund Home PageThe Hedgeye Index Adds ETF (ADDS) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a narrow portfolio of US stocks of any capitalization that are believed to experience significant upward price movement upon inclusion in major US stock indices. The selection process combines proprietary machine learning with quantitative models. ADDS was launched on May 27, 2026 and is issued by Hedgeye.
Top 10 Holdings
69.96% of assets| Name | Symbol | Weight |
|---|---|---|
| Illumina, Inc. | ILMN | 11.25% |
| Twilio Inc. | TWLO | 11.23% |
| TechnipFMC plc | FTI | 8.08% |
| Okta, Inc. | OKTA | 7.69% |
| nVent Electric plc | NVT | 6.66% |
| ATI Inc. | ATI | 6.07% |
| First American Government Obligations Fund Class X | FGXXX | 5.47% |
| Bloom Energy Corporation | BE | 4.95% |
| Carpenter Technology Corporation | CRS | 4.31% |
| MKS Inc. | MKSI | 4.25% |
Performance
News
Hedgeye launches ETF focusing on index inclusion candidates
Hedgeye Asset Management rolled out a new exchange-traded fund designed to profit from the forced buying on the part of index funds and asset managers who try to hew closely to index allocations whe...
Hedgeye Asset Management Launches ADDS, an Active ETF Designed to Target Companies Before They Enter Major Indexes
New ETF seeks to systematically position ahead of expected forced buying from index funds when companies are added to major U.S. equity indices STAMFORD, Conn., May 28, 2026 /PRNewswire/ -- Hedgeye A...