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Unlimited HFND Multi-Strategy Return Tracker ETF (...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US8863644394
Inception Date
Oct 10, 2022
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Alternatives
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Unlimited HFND Multi-Strategy Return Tracker ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) has returned 2.93% so far this year and 14.05% over the past 12 months.


Unlimited HFND Multi-Strategy Return Tracker ETF

1D
1.58%
1M
-2.87%
YTD
2.93%
6M
3.29%
1Y
14.05%
3Y*
7.96%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Oct 11, 2022, HFND's average daily return is +0.03%, while the average monthly return is +0.63%. At this rate, your investment would double in approximately 9.2 years.

Historically, 57% of months were positive and 43% were negative. The best month was Jan 2026 with a return of +3.9%, while the worst month was Apr 2024 at -3.3%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.

On a daily basis, HFND closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +5.6%, while the worst single day was Apr 4, 2025 at -3.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.94%1.95%-2.87%2.93%
20252.01%-0.55%-3.11%-1.64%2.32%3.16%0.89%2.24%3.11%1.91%-1.06%-0.48%8.93%
2024-0.02%1.51%3.38%-3.25%2.31%0.64%1.72%-0.30%1.37%-0.38%2.47%-1.22%8.34%
20233.64%-2.32%-1.21%0.25%-2.32%3.35%2.22%-2.23%-1.82%-1.77%3.16%2.93%3.58%
20221.89%2.51%-1.98%2.38%

Benchmark Metrics

Unlimited HFND Multi-Strategy Return Tracker ETF has an annualized alpha of -0.85%, beta of 0.47, and R² of 0.60 versus S&P 500 Index. Calculated based on daily prices since October 12, 2022.

  • This ETF participated in 59.36% of S&P 500 Index downside but only 42.17% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.47 indicates this ETF moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
-0.85%
Beta
0.47
0.60
Upside Capture
42.17%
Downside Capture
59.36%

Expense Ratio

HFND has a high expense ratio of 1.22%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

HFND ranks 66 for risk / return — better than 66% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


HFND Risk / Return Rank: 6666
Overall Rank
HFND Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
HFND Sortino Ratio Rank: 6767
Sortino Ratio Rank
HFND Omega Ratio Rank: 6666
Omega Ratio Rank
HFND Calmar Ratio Rank: 5757
Calmar Ratio Rank
HFND Martin Ratio Rank: 7373
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) and compare them to a chosen benchmark (S&P 500 Index).


HFNDBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.18

0.90

+0.29

Sortino ratio

Return per unit of downside risk

1.76

1.39

+0.37

Omega ratio

Gain probability vs. loss probability

1.25

1.21

+0.04

Calmar ratio

Return relative to maximum drawdown

1.53

1.40

+0.13

Martin ratio

Return relative to average drawdown

7.84

6.61

+1.24

Explore HFND risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Unlimited HFND Multi-Strategy Return Tracker ETF provided a 4.94% dividend yield over the last twelve months, with an annual payout of $1.15 per share. The fund has been increasing its distributions for 3 consecutive years.


0.00%1.00%2.00%3.00%4.00%5.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.202022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022
Dividend$1.15$1.15$0.80$0.29$0.09

Dividend yield

4.94%5.08%3.70%1.41%0.43%

Monthly Dividends

The table displays the monthly dividend distributions for Unlimited HFND Multi-Strategy Return Tracker ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.15$1.15
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.80$0.80
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.29$0.29
2022$0.09$0.09

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Unlimited HFND Multi-Strategy Return Tracker ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Unlimited HFND Multi-Strategy Return Tracker ETF was 13.31%, occurring on Apr 8, 2025. Recovery took 72 trading sessions.

The current Unlimited HFND Multi-Strategy Return Tracker ETF drawdown is 3.44%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-13.31%Feb 20, 202534Apr 8, 202572Jul 23, 2025106
-6.96%Feb 3, 2023185Oct 27, 202375Feb 15, 2024260
-5.43%Jul 17, 202415Aug 6, 202434Sep 24, 202449
-4.94%Feb 26, 202617Mar 20, 2026
-4.18%Dec 10, 202422Jan 13, 202518Feb 7, 202540

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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