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Hedgeye Index Adds ETF (ADDS) Sortino Ratio

ETF · Currency in USD · Last updated Jul 8, 2026

Hedgeye Index Adds ETF is an actively managed equity fund that seeks long-term capital appreciation by systematically positioning ahead of expected forced buying from index funds when new constituents are added to major U.S. equity indices, including the S&P 500, S&P 400, S&P 600, and Nasdaq-100. The fund uses proprietary machine learning models to forecast likely index additions, holds up to 40 names that satisfy or are close to satisfying inclusion requirements, and exits positions at the close on the day a company is added to its target index. By rule, the fund never holds a current S&P 500 constituent.

Sortino ratio is not yet available for ADDS. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar ETFs

The table compares Hedgeye Index Adds ETF's Sortino Ratio with other ETFs in the Multi-factor category across multiple time periods, showing how ADDS's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 8, 2026.

SymbolName1Y Sortino Ratio5Y Sortino Ratio10Y Sortino RatioAll Time Sortino Ratio
VFMFVanguard U.S. Multifactor ETF3.64
VSMVVictoryShares US Multi-Factor Minimum Volatility ETF3.43
MFUSPIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF3.05
QVMSInvesco S&P SmallCap 600 QVM Multi-factor ETF2.75
QVMLInvesco S&P 500 QVM Multi-factor ETF2.49
DEUSXtrackers Russell US Multifactor ETF2.45
AAVMAlpha Architect Global Factor Equity ETF2.41
QVMMInvesco S&P MidCap 400 QVM Multi-factor ETF2.17
PSCPrincipal U.S. Small Cap Multi-Factor ETF2.16
MFDXPIMCO RAFI Dynamic Multi-Factor International Equity ETF2.06
ADDSHedgeye Index Adds ETF—

S&P 500 Index

How to choose period

Historical Sortino Ratio

The chart shows ADDS's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when ADDS consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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