HEFT vs. SENT

Last updated Apr 2, 2026

Compare and contrast key facts about Hedgeye Fourth Turning ETF (HEFT) and AdvisorShares Alpha DNA Equity Sentiment ETF (SENT).

HEFT and SENT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HEFT is an actively managed fund by Hedgeye. It was launched on Nov 20, 2025. SENT is a passively managed fund by AdvisorShares that tracks the performance of the Actively Managed. It was launched on Feb 2, 2021.

Performance

HEFT vs. SENT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hedgeye Fourth Turning ETF (HEFT) and AdvisorShares Alpha DNA Equity Sentiment ETF (SENT). The values are adjusted to include any dividend payments, if applicable.

HEFT vs. SENT - Yearly Performance Comparison

	2026 (YTD)	2025
HEFT Hedgeye Fourth Turning ETF	5.26%	0.98%
SENT AdvisorShares Alpha DNA Equity Sentiment ETF	0.00%	0.00%

Returns By Period

HEFT

• 1D: -0.04%
• 1M: -3.48%
• YTD: 5.26%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SENT

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 0.00%
• 3Y*: -2.90%
• 5Y*: -4.28%
• 10Y*: —

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

HEFT vs. SENT - Expense Ratio Comparison

HEFT has a 0.70% expense ratio, which is lower than SENT's 1.01% expense ratio.

SENT

AdvisorShares Alpha DNA Equity Sentiment ETF

HEFT

Hedgeye Fourth Turning ETF

Return for Risk

HEFT vs. SENT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hedgeye Fourth Turning ETF (HEFT) and AdvisorShares Alpha DNA Equity Sentiment ETF (SENT). 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

	HEFT	SENT	Difference
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.33	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	-0.25	+1.69

Dividends

HEFT vs. SENT - Dividend Comparison

HEFT's dividend yield for the trailing twelve months is around 0.02%, while SENT has not paid dividends to shareholders.

	TTM	2025
HEFT Hedgeye Fourth Turning ETF	0.02%	0.02%
SENT AdvisorShares Alpha DNA Equity Sentiment ETF	0.00%	0.00%

Drawdowns

HEFT vs. SENT - Drawdown Comparison

The maximum HEFT drawdown since its inception was -6.57%, smaller than the maximum SENT drawdown of -30.34%. Use the drawdown chart below to compare losses from any high point for HEFT and SENT.

Drawdown Indicators

	HEFT	SENT	Difference
Max Drawdown Largest peak-to-trough decline	-6.57%	-30.34%	+23.77%
Max Drawdown (1Y) Largest decline over 1 year	—	0.00%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-30.34%	—
Current Drawdown Current decline from peak	-5.03%	-27.23%	+22.20%
Average Drawdown Average peak-to-trough decline	-2.00%	-20.69%	+18.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.00%	—

Volatility

Volatility by Period

	HEFT	SENT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.37%	0.00%	+13.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.37%	12.98%	+0.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.37%	13.54%	-0.17%