HFEQ vs. WTIP

Last updated Apr 1, 2026

Compare and contrast key facts about Unlimited HFEQ Equity Long/Short ETF (HFEQ) and WisdomTree Inflation Plus Fund (WTIP).

HFEQ and WTIP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HFEQ is an actively managed fund by Unlimited. It was launched on Jul 14, 2025. WTIP is an actively managed fund by WisdomTree. It was launched on Jun 18, 2025.

Performance

HFEQ vs. WTIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Unlimited HFEQ Equity Long/Short ETF (HFEQ) and WisdomTree Inflation Plus Fund (WTIP). The values are adjusted to include any dividend payments, if applicable.

HFEQ vs. WTIP - Yearly Performance Comparison

	2026 (YTD)	2025
HFEQ Unlimited HFEQ Equity Long/Short ETF	1.16%	14.92%
WTIP WisdomTree Inflation Plus Fund	12.54%	11.76%

Returns By Period

In the year-to-date period, HFEQ achieves a 1.16% return, which is significantly lower than WTIP's 12.54% return.

HFEQ

• 1D: 3.18%
• 1M: -8.48%
• YTD: 1.16%
• 6M: 3.75%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WTIP

• 1D: 0.44%
• 1M: 5.96%
• YTD: 12.54%
• 6M: 20.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HFEQ vs. WTIP - Expense Ratio Comparison

HFEQ has a 1.00% expense ratio, which is higher than WTIP's 0.65% expense ratio.

HFEQ

Unlimited HFEQ Equity Long/Short ETF

WTIP

WisdomTree Inflation Plus Fund

Return for Risk

HFEQ vs. WTIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Unlimited HFEQ Equity Long/Short ETF (HFEQ) and WisdomTree Inflation Plus Fund (WTIP). 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

	HFEQ	WTIP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	2.53	-1.45

Correlation

The correlation between HFEQ and WTIP is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

HFEQ vs. WTIP - Dividend Comparison

HFEQ's dividend yield for the trailing twelve months is around 10.43%, more than WTIP's 1.46% yield.

	TTM	2025
HFEQ Unlimited HFEQ Equity Long/Short ETF	10.43%	10.55%
WTIP WisdomTree Inflation Plus Fund	1.46%	1.59%

Drawdowns

HFEQ vs. WTIP - Drawdown Comparison

The maximum HFEQ drawdown since its inception was -12.46%, which is greater than WTIP's maximum drawdown of -7.45%. Use the drawdown chart below to compare losses from any high point for HFEQ and WTIP.

Drawdown Indicators

	HFEQ	WTIP	Difference
Max Drawdown Largest peak-to-trough decline	-12.46%	-7.45%	-5.01%
Current Drawdown Current decline from peak	-9.67%	-1.72%	-7.95%
Average Drawdown Average peak-to-trough decline	-2.32%	-1.32%	-1.00%

Volatility

Volatility by Period

	HFEQ	WTIP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.86%	14.97%	+6.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.86%	14.97%	+6.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.86%	14.97%	+6.89%