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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.70% -0.06% 24.43M 22653.73
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- -- 27.50M

Basic Info

Investment Strategy
The Fund seeks long-term capital appreciation. The Fund seeks to meet its objective by managing a 130/30 long-short equity strategy, investing up to 130% of its net assets in long positions & up to 30% of its net assets in short positions, resulting in net market exposure to US equity markets averaging approximately 100%.
General
Security Type Exchange-Traded Fund
Equity Style --
Broad Asset Class Alternative
Broad Category Alternative Strategies
Global Peer Group Alternative Long/Short Equity US
Peer Group Alternative Long/Short Equity Funds
Global Macro Alternative Equity
US Macro Alternative Equity Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Alternative Long/Short Equity Funds
Fund Owner Firm Name Hedgeye Asset Management
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%

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Performance Versus Peer Group

 
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Peer Group Rtn. (NAV)
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% Rank in Peer Group (NAV)
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Annual Total Returns Versus Peers

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Name
2019
2020
2021
2022
2023
2024
2025
YTD
--
--
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-1.45%
26.60%
16.25%
18.54%
-18.36%
22.20%
17.49%
22.34%
9.75%
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6.67%
15.76%
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17.70%
7.48%
-1.89%
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12.80%
4.11%
23.05%
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10.38%
As of May 22, 2026.

Asset Allocation

As of April 30, 2026.
Type % Net
Cash 3.30%
Stock 77.44%
Bond 1.36%
Convertible 0.00%
Preferred 0.00%
Other 17.90%
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Basic Info

Investment Strategy
The Fund seeks long-term capital appreciation. The Fund seeks to meet its objective by managing a 130/30 long-short equity strategy, investing up to 130% of its net assets in long positions & up to 30% of its net assets in short positions, resulting in net market exposure to US equity markets averaging approximately 100%.
General
Security Type Exchange-Traded Fund
Equity Style --
Broad Asset Class Alternative
Broad Category Alternative Strategies
Global Peer Group Alternative Long/Short Equity US
Peer Group Alternative Long/Short Equity Funds
Global Macro Alternative Equity
US Macro Alternative Equity Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Alternative Long/Short Equity Funds
Fund Owner Firm Name Hedgeye Asset Management
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%

View Basic Info
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