Unlimited HFND Multi-Strategy Return Tracker ETF (HFND)
HFND is an actively managed ETF by Tidal ETFs. HFND launched on Oct 10, 2022 and has a 1.22% expense ratio.
ETF Info
| ISIN | US8863644394 |
|---|---|
| Issuer | Tidal ETFs |
| Inception Date | Oct 10, 2022 |
| Category | Multistrategy |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Alternatives |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
HFND has a high expense ratio of 1.22%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: HFND vs. QIS, HFND vs. MAFIX, HFND vs. GAFYX, HFND vs. VEU, HFND vs. FLSP
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.
Returns By Period
Unlimited HFND Multi-Strategy Return Tracker ETF had a return of 5.59% year-to-date (YTD) and 8.63% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.59% | 17.79% |
| 1 month | 0.37% | 0.18% |
| 6 months | 1.50% | 7.53% |
| 1 year | 8.63% | 26.42% |
| 5 years (annualized) | N/A | 13.48% |
| 10 years (annualized) | N/A | 10.85% |
Monthly Returns
The table below presents the monthly returns of HFND, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.02% | 1.51% | 3.38% | -3.25% | 2.31% | 0.63% | 1.72% | -0.30% | 5.59% | ||||
| 2023 | 3.64% | -2.32% | -1.21% | 0.25% | -2.32% | 3.35% | 2.23% | -2.23% | -1.82% | -1.77% | 3.16% | 2.93% | 3.58% |
| 2022 | 1.89% | 2.51% | -1.98% | 2.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HFND is 40, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Unlimited HFND Multi-Strategy Return Tracker ETF granted a 1.34% dividend yield in the last twelve months. The annual payout for that period amounted to $0.29 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $0.29 | $0.29 | $0.09 |
Dividend yield | 1.34% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| 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.
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 6.96%, occurring on Oct 27, 2023. Recovery took 75 trading sessions.
The current Unlimited HFND Multi-Strategy Return Tracker ETF drawdown is 1.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.96% | Feb 3, 2023 | 185 | Oct 27, 2023 | 75 | Feb 15, 2024 | 260 |
| -5.43% | Jul 17, 2024 | 15 | Aug 6, 2024 | — | — | — |
| -3.7% | Apr 1, 2024 | 14 | Apr 18, 2024 | 52 | Jul 3, 2024 | 66 |
| -2.55% | Dec 2, 2022 | 18 | Dec 28, 2022 | 9 | Jan 11, 2023 | 27 |
| -0.82% | Nov 14, 2022 | 10 | Nov 28, 2022 | 2 | Nov 30, 2022 | 12 |
Volatility
Volatility Chart
The current Unlimited HFND Multi-Strategy Return Tracker ETF volatility is 2.98%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.