HECA vs. DYTA

Last updated Jun 4, 2026

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

Performance

HECA vs. DYTA - Performance Comparison

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

Returns By Period

In the year-to-date period, HECA achieves a 0.22% return, which is significantly lower than DYTA's 8.48% return.

HECA

• 1D: -0.75%
• 1M: -0.29%
• YTD: 0.22%
• 6M: -0.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DYTA

• 1D: -0.27%
• 1M: 5.10%
• YTD: 8.48%
• 6M: 9.28%
• 1Y: 15.98%
• 3Y*: 12.06%
• 5Y*: —
• 10Y*: —

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

HECA vs. DYTA - Yearly Performance Comparison

	2026 (YTD)	2025
HECA Hedgeye Capital Allocation ETF	0.22%	12.83%
DYTA SGI Dynamic Tactical ETF	8.48%	5.77%

Correlation

The correlation between HECA and DYTA 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

HECA vs. DYTA — 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: 48
DYTA Omega Ratio Rank: 61
DYTA Calmar Ratio Rank: 35
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.

HECA vs. DYTA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hedgeye Capital Allocation ETF (HECA) and SGI Dynamic Tactical ETF (DYTA). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	HECA	DYTA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	1.11	+0.04

Drawdowns

HECA vs. DYTA - Drawdown Comparison

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

Drawdown Indicators

	HECA	DYTA	Difference
Max Drawdown Largest peak-to-trough decline	-11.81%	-9.41%	-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	-10.09%	-0.27%	-9.82%
Average Drawdown Average peak-to-trough decline	-3.15%	-2.21%	-0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.80%	—

Volatility

Volatility by Period

	HECA	DYTA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.37%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.44%	9.72%	+2.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.44%	10.84%	+1.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.44%	10.84%	+1.60%

HECA vs. DYTA - Expense Ratio Comparison

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

Dividends

HECA vs. DYTA - Dividend Comparison

HECA's dividend yield for the trailing twelve months is around 2.01%, more than DYTA's 1.51% yield.

Position	TTM	2025	2024	2023
DYTA SGI Dynamic Tactical ETF	1.51%	1.64%	10.80%	0.89%
HECA Hedgeye Capital Allocation ETF	2.01%	2.02%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HECA and DYTA in my portfolio?

HECA and DYTA 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, HECA or DYTA?

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, HECA or DYTA?

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

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

HECA has the higher dividend yield at 2.01%, compared with 1.51% for DYTA.

What is the main difference between HECA and DYTA?

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