ETF profile for Unlimited Hfeq Equity Long Short ETF (HFEQ) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
HFEQ ETF Profile
| Family: |
Unlimited |
| Name: |
Unlimited HFEQ Equity Long Short ETF |
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| Inception Date: |
14-Jul-2025 |
| Termination Date: |
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| Investment Objective: |
The Fund is an actively-managed exchange-traded fund ("ETF") that seeks capital appreciation. The Fund seeks to create an investment portfolio with similar return characteristics to the gross of fees returns of the hedge fund industry's Equity Long/Short sector while also targeting a volatility level approximately twice that of the sector. By incorporating higher volatility, the Fund's sub-adviser believes that the Fund's net of fees returns may outperform those of the Equity Long/Short sector. Additionally, the Fund may benefit from its comparatively lower operating expenses versus the relatively high fees and expenses charged by hedge funds. The Fund is not a hedge fund, nor will it invest in hedge fund strategies or positions. The Sub-Adviser determines the recent daily and monthly gross of fees returns and volatility metrics of the hedge fund industry's Equity Long/Short sector by reviewing publicly reported returns and fee information for the sector. The Sub-Adviser determines an investment portfolio of long and short positions in Underlying ETFs and futures contracts which best match the Equity Long/Short sector's most recent gross of fees returns, while approximately doubling its volatility, by using a proprietary algorithm. |
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| Prospectus |
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| Top 10 Holdings |
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| Derivatives offset |
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-83.0460% |
| Cash & Other |
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41.0883% |
| NASDAQ 100 E-MINI Dec26 |
NQZ6 Index |
19.0800% |
| MSCI EmgMkt Dec26 |
MESZ6 Index |
18.0696% |
| Vanguard Morningstar Value ETF |
VTV |
15.4150% |
| MSCI EAFE Dec26 |
MFSZ6 Index |
12.6446% |
| S&P500 EMINI FUT Dec26 |
ESZ6 Index |
12.5119% |
| Vanguard Morningstar Mid-Cap ETF |
VO |
10.2928% |
| Vanguard US Momentum Factor ETF |
VFMO |
8.6100% |
| State Street Materials Select Sector SPDR ETF |
XLB |
6.9334% |
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Top 10 Holdings Weight: |
61.6% |
| Number of Holdings: |
22 |
| Shares Outstanding: |
535,000 |
| Total Net Assets: |
12,361,870 |
| NAV: |
23.17 |
| Net Expense Ratio: |
0.96% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Funds Combining Developed & Emerging Exposure |
| Country: |
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| Region: |
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| Strategy: |
Long-Short strategy |
| Currency: |
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| Sector: |
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| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Broad Market / Multi-Cap |
| Credit Quality: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Global |
