HFND vs. YALL

Last updated Jun 4, 2026

HFND (Unlimited HFND Multi-Strategy Return Tracker ETF) and YALL (God Bless America ETF) are both exchange-traded funds - HFND is a Multistrategy fund actively managed by Tidal ETFs, while YALL is a Large Cap Blend Equities fund actively managed by Tidal ETFs. Both are actively managed. Over the past 3 years, HFND returned 10.00%/yr vs 21.38%/yr for YALL. A 0.67 correlation means they provide meaningful diversification when combined. HFND charges 1.22%/yr vs 0.65%/yr for YALL.

Performance

HFND vs. YALL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) and God Bless America ETF (YALL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HFND

• 1D: -0.45%
• 1M: 2.07%
• YTD: 8.65%
• 6M: 8.06%
• 1Y: 18.87%
• 3Y*: 10.00%
• 5Y*: —
• 10Y*: —

YALL

• 1D: -1.26%
• 1M: -0.74%
• YTD: 0.00%
• 6M: -1.23%
• 1Y: 5.94%
• 3Y*: 21.38%
• 5Y*: —
• 10Y*: —

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

HFND vs. YALL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HFND Unlimited HFND Multi-Strategy Return Tracker ETF	8.65%	8.93%	8.34%	3.58%	2.38%
YALL God Bless America ETF	0.00%	14.36%	29.99%	40.74%	8.62%

Correlation

The correlation between HFND and YALL is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022	0.67

The correlation between HFND and YALL has been stable across timeframes, ranging from 0.63 to 0.67 - a consistent structural relationship.

HFND vs. YALL - Sectors Allocation Comparison

Sectors	HFND	YALL
Financial Services	19.2%	13.0%
Technology	17.6%	21.8%
Industrials	13.5%	13.4%
Consumer Cyclical	11.0%	8.1%
Healthcare	8.8%	10.2%
Basic Materials	7.6%	5.3%
Utilities	5.6%	3.0%
Communication Services	5.5%	7.7%
Energy	5.5%	5.0%
Consumer Defensive	4.3%	10.2%
Real Estate	1.4%	2.3%

Return for Risk

HFND vs. YALL — Risk / Return Rank

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

HFND

HFND Risk / Return Rank: 66
HFND Sharpe Ratio Rank: 59
HFND Sortino Ratio Rank: 59
HFND Omega Ratio Rank: 61
HFND Calmar Ratio Rank: 76
HFND Martin Ratio Rank: 75

YALL

YALL Risk / Return Rank: 16
YALL Sharpe Ratio Rank: 15
YALL Sortino Ratio Rank: 14
YALL Omega Ratio Rank: 14
YALL Calmar Ratio Rank: 17
YALL Martin Ratio Rank: 18

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.

HFND vs. YALL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) and God Bless America ETF (YALL). 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.

	HFND	YALL	Difference
Sharpe ratio: Return per unit of total volatility	2.01	0.44	+1.58
Sortino ratio: Return per unit of downside risk	2.85	0.69	+2.16
Omega ratio: Gain probability vs. loss probability	1.38	1.08	+0.29
Calmar ratio: Return relative to maximum drawdown	3.84	0.63	+3.20
Martin ratio: Return relative to average drawdown	14.31	1.86	+12.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HFND vs. YALL - Sharpe Ratio Comparison

The current HFND Sharpe Ratio is 2.01, which is higher than the YALL Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of HFND and YALL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HFND	YALL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.01	0.44	+1.58
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	1.46	-0.52

Drawdowns

HFND vs. YALL - Drawdown Comparison

The maximum HFND drawdown since its inception was -13.31%, smaller than the maximum YALL drawdown of -19.72%. Use the drawdown chart below to compare losses from any high point for HFND and YALL.

Drawdown Indicators

	HFND	YALL	Difference
Max Drawdown Largest peak-to-trough decline	-13.31%	-19.72%	+6.41%
Max Drawdown (1Y) Largest decline over 1 year	-4.94%	-9.42%	+4.48%
Max Drawdown (3Y) Largest decline over 3 years	-13.31%	-19.72%	+6.41%
Current Drawdown Current decline from peak	-0.45%	-4.47%	+4.02%
Average Drawdown Average peak-to-trough decline	-2.10%	-2.93%	+0.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.32%	3.21%	-1.89%

Volatility

HFND vs. YALL - Volatility Comparison

The current volatility for Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) is 3.02%, while God Bless America ETF (YALL) has a volatility of 3.31%. This indicates that HFND experiences smaller price fluctuations and is considered to be less risky than YALL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HFND	YALL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.02%	3.31%	-0.29%
Volatility (6M) Calculated over the trailing 6-month period	7.87%	9.79%	-1.92%
Volatility (1Y) Calculated over the trailing 1-year period	9.42%	13.74%	-4.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.47%	17.49%	-8.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.47%	17.49%	-8.02%

HFND vs. YALL - Expense Ratio Comparison

HFND has a 1.22% expense ratio, which is higher than YALL's 0.65% expense ratio.

Dividends

HFND vs. YALL - Dividend Comparison

HFND's dividend yield for the trailing twelve months is around 4.68%, more than YALL's 0.49% yield.

Position	TTM	2025	2024	2023	2022
HFND Unlimited HFND Multi-Strategy Return Tracker ETF	4.68%	5.08%	3.70%	1.41%	0.43%
YALL God Bless America ETF	0.49%	0.49%	0.50%	3.51%	0.19%

Frequently Asked Questions

Can I hold both HFND and YALL in my portfolio?

HFND and YALL have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HFND or YALL?

YALL has higher volatility (3.31%) compared to HFND (3.02%). In terms of maximum drawdown, HFND dropped -13.31% vs YALL's -19.72%.

Which ETF is better, HFND or YALL?

On 3-year performance, YALL leads with 21.38% vs 10.00% for HFND. On fees, YALL is cheaper at 0.65% per year. On volatility, HFND has been the lower-risk option at 3.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HFND or YALL?

Over the 3-year period, YALL has performed better with a 21.38% return vs 10.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HFND or YALL?

YALL is cheaper with a 0.65% expense ratio, compared with 1.22% for HFND.

Which ETF pays a higher dividend yield, HFND or YALL?

HFND has the higher dividend yield at 4.68%, compared with 0.49% for YALL.

What is the main difference between HFND and YALL?

HFND is categorized as Multistrategy, while YALL is Large Cap Blend Equities. Their fees differ too: 1.22% for HFND and 0.65% for YALL.

Which has better risk-adjusted returns?

HFND currently has the higher Sharpe Ratio (2.01 vs 0.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.