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Unlimited HFEQ Equity Long/Short ETF (HFEQ) Sharpe Ratio
Delisted

ETF · Currency in USD · Last updated Jun 24, 2026

The Fund seeks to create an investment portfolio that mirrors the gross of fees returns of the hedge fund industry’s Equity Long/Short sector while targeting approximately twice the volatility, aiming to potentially outperform net of fees returns through a proprietary process and lower operating expenses.

Sharpe ratio is not yet available for HFEQ. 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 Unlimited HFEQ Equity Long/Short ETF's Sharpe Ratio with other ETFs in the Long-Short category across multiple time periods, showing how HFEQ'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 Jun 24, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CLSEConvergence Long/Short Equity ETF3.56
QAIIQ Hedge Multi-Strategy Tracker ETF2.31
HDGProShares Hedge Replication2.14
HTUSHull Tactical US ETF2.02
CSMProshares Large Cap Core Plus1.97
IDUBAptus International Enhanced Yield ETF1.94
LSEQHarbor Long-Short Equity ETF1.93
FTLSFirst Trust Long/Short Equity ETF1.80
ORRMilitia Long/Short Equity ETF1.76
RSEERareview Systematic Equity ETF1.74
HFEQUnlimited HFEQ Equity Long/Short ETF—

S&P 500 Index

How to choose period

Historical Sharpe Ratio

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

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

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