DYTA vs. HECA

Last updated Jun 3, 2026

DYTA (SGI Dynamic Tactical ETF) and HECA (Hedgeye Capital Allocation ETF) are both Global Allocation funds. Both are actively managed. At a 0.44 correlation, their price movements are largely independent. DYTA charges 1.04%/yr vs 1.02%/yr for HECA.

Performance

DYTA vs. HECA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SGI Dynamic Tactical ETF (DYTA) and Hedgeye Capital Allocation ETF (HECA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DYTA achieves a 8.77% return, which is significantly higher than HECA's 0.98% return.

DYTA

• 1D: 0.69%
• 1M: 5.13%
• YTD: 8.77%
• 6M: 9.55%
• 1Y: 16.37%
• 3Y*: 12.16%
• 5Y*: —
• 10Y*: —

HECA

• 1D: 0.50%
• 1M: 0.76%
• YTD: 0.98%
• 6M: 1.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DYTA vs. HECA - Yearly Performance Comparison

	2026 (YTD)	2025
DYTA SGI Dynamic Tactical ETF	8.77%	5.77%
HECA Hedgeye Capital Allocation ETF	0.98%	12.83%

Correlation

The correlation between DYTA and HECA is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 2, 2025	0.44

Return for Risk

DYTA vs. HECA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DYTA

DYTA Risk / Return Rank: 49
DYTA Sharpe Ratio Rank: 48
DYTA Sortino Ratio Rank: 49
DYTA Omega Ratio Rank: 61
DYTA Calmar Ratio Rank: 36
DYTA Martin Ratio Rank: 53

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.

DYTA vs. HECA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SGI Dynamic Tactical ETF (DYTA) and Hedgeye Capital Allocation ETF (HECA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DYTA	HECA	Difference
Sharpe ratio Return per unit of total volatility	1.69	—	—
Sortino ratio Return per unit of downside risk	2.40	—	—
Omega ratio Gain probability vs. loss probability	1.38	—	—
Calmar ratio Return relative to maximum drawdown	1.78	—	—
Martin ratio Return relative to average drawdown	9.24	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DYTA	HECA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.12	1.23	-0.11

Drawdowns

DYTA vs. HECA - Drawdown Comparison

The maximum DYTA drawdown since its inception was -9.41%, smaller than the maximum HECA drawdown of -11.81%. Use the drawdown chart below to compare losses from any high point for DYTA and HECA.

Drawdown Indicators

	DYTA	HECA	Difference
Max Drawdown Largest peak-to-trough decline	-9.41%	-11.81%	+2.40%
Max Drawdown (1Y) Largest decline over 1 year	-9.33%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-9.41%	—	—
Current Drawdown Current decline from peak	0.00%	-9.41%	+9.41%
Average Drawdown Average peak-to-trough decline	-2.21%	-3.12%	+0.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	—	—

Volatility

Volatility by Period

	DYTA	HECA	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.37%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.72%	12.44%	-2.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.85%	12.44%	-1.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.85%	12.44%	-1.59%

DYTA vs. HECA - Expense Ratio Comparison

DYTA has a 1.04% expense ratio, which is higher than HECA's 1.02% expense ratio.

Dividends

DYTA vs. HECA - Dividend Comparison

DYTA's dividend yield for the trailing twelve months is around 1.51%, less than HECA's 2.00% yield.

Position	TTM	2025	2024	2023
DYTA SGI Dynamic Tactical ETF	1.51%	1.64%	10.80%	0.89%
HECA Hedgeye Capital Allocation ETF	2.00%	2.02%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DYTA and HECA in my portfolio?

DYTA and HECA have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DYTA or HECA?

On fees, HECA is cheaper at 1.02% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DYTA or HECA?

HECA is cheaper with a 1.02% expense ratio, compared with 1.04% for DYTA.

Which ETF pays a higher dividend yield, DYTA or HECA?

HECA has the higher dividend yield at 2.00%, compared with 1.51% for DYTA.

What is the main difference between DYTA and HECA?

They also come from different issuers: Summit Global Investments and Hedgeye. Their fees differ too: 1.04% for DYTA and 1.02% for HECA.