- ISIN
- US26923Q7390
- CUSIP
- 26923Q739
- Issuer
- Hedgeye Asset Management
- Inception Date
- Jun 10, 2025
- Region
- North America (United States)
- Category
- Large Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
HGRO Performance Chart
Hedgeye Quality Growth ETF (HGRO) is up 8.4% since the beginning of the year. HGRO is currently trading at $31 per share.
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Returns By Period
Hedgeye Quality Growth ETF (HGRO) has returned 8.43% so far this year and 22.93% over the past 12 months.
Hedgeye Quality Growth ETF
- 1D
- 2.31%
- 1M
- -0.62%
- YTD
- 8.43%
- 6M
- 6.99%
- 1Y
- 22.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 1.75%
- 1M
- -0.09%
- YTD
- 8.02%
- 6M
- 7.15%
- 1Y
- 22.78%
- 3Y*
- 19.45%
- 5Y*
- 11.73%
- 10Y*
- 13.53%
HGRO Monthly Returns History
Based on dividend-adjusted daily data since Jun 11, 2025, HGRO's average daily return is +0.09%, while the average monthly return is +1.65%. At this rate, an investment would double in approximately 3.5 years.
Historically, 77% of months were positive and 23% were negative. The best month was Apr 2026 with a return of +7.1%, while the worst month was Mar 2026 at -5.1%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 1 months.
On a daily basis, HGRO closed higher 58% of trading days. The best single day was Jun 11, 2026 with a return of +2.3%, while the worst single day was Jun 5, 2026 at -3.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.17% | 1.37% | -5.10% | 7.10% | 4.83% | -1.74% | 8.43% | ||||||
| 2025 | 4.52% | 1.71% | 0.30% | 2.77% | 3.50% | 0.65% | -0.62% | 13.45% |
Benchmark Metrics
Hedgeye Quality Growth ETF has an annualized alpha of 1.00%, beta of 0.98, and R2 of 0.80 versus S&P 500 Index. Calculated based on daily prices since June 11, 2025.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (92.09%) than losses (74.93%) - typical of diversified or defensive assets.
- With beta of 0.98 and R2 of 0.80, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.00%
- Beta
- 0.98
- R²
- 0.80
- Upside Capture
- 92.09%
- Downside Capture
- 74.93%
Expense Ratio
HGRO has an expense ratio of 0.70%, placing it in the medium range.
Return for Risk
Risk / Return Rank
HGRO ranks 60 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Hedgeye Quality Growth ETF (HGRO) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HGRO | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.34 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 2.52 | +0.51 |
| Martin ratioReturn relative to average drawdown | 9.96 | 11.31 | -1.35 |
Dividends
Dividend History
Hedgeye Quality Growth ETF provided a 0.07% dividend yield over the last twelve months, with an annual payout of $0.02 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.02 | $0.02 |
Dividend yield | 0.07% | 0.08% |
Monthly Dividends
The table displays the monthly dividend distributions for Hedgeye Quality Growth 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.02 | $0.02 |
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 Hedgeye Quality Growth 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 Hedgeye Quality Growth ETF was 7.61%, occurring on Mar 30, 2026. Recovery took 22 trading sessions.
The current Hedgeye Quality Growth ETF drawdown is 3.15%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 pullback2026 | -7.61%Mar 2026 | 1mo 2d | 1mo 1d | 2mo 3dFeb 2026 - Apr 2026 |
2026 pullback2026 | -5.33%Jun 2026 | 5d | — | 7d 13hJun 2026 - now |
2025 pullback2025 | -4.69%Nov 2025 | 7d | 8d | 15dNov 2025 - Nov 2025 |
2025 pullback2025 | -3.23%Dec 2025 | 5d | 7d | 12dDec 2025 - Dec 2025 |
2026 pullback2026 | -3.06%Jan 2026 | 7d | 17d | 24dJan 2026 - Feb 2026 |
Drawdown Indicators
| HGRO | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.61% | -56.78% | +49.17% |
Max Drawdown (1Y)Largest decline over 1 year | -7.61% | -9.10% | +1.49% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -3.15% | -2.83% | -0.32% |
Average DrawdownAverage peak-to-trough decline | -1.44% | -10.72% | +9.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 2.02% | +0.29% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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