IDUB vs. HFEQ

Last updated Apr 3, 2026

Compare and contrast key facts about Aptus International Enhanced Yield ETF (IDUB) and Unlimited HFEQ Equity Long/Short ETF (HFEQ).

IDUB and HFEQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IDUB is an actively managed fund by Aptus. It was launched on Jul 22, 2021. HFEQ is an actively managed fund by Unlimited. It was launched on Jul 14, 2025.

Performance

IDUB vs. HFEQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus International Enhanced Yield ETF (IDUB) and Unlimited HFEQ Equity Long/Short ETF (HFEQ). The values are adjusted to include any dividend payments, if applicable.

IDUB vs. HFEQ - Yearly Performance Comparison

	2026 (YTD)	2025
IDUB Aptus International Enhanced Yield ETF	3.64%	11.28%
HFEQ Unlimited HFEQ Equity Long/Short ETF	1.92%	14.92%

Returns By Period

In the year-to-date period, IDUB achieves a 3.64% return, which is significantly higher than HFEQ's 1.92% return.

IDUB

• 1D: -1.31%
• 1M: -1.92%
• YTD: 3.64%
• 6M: 7.21%
• 1Y: 25.99%
• 3Y*: 13.47%
• 5Y*: —
• 10Y*: —

HFEQ

• 1D: -0.46%
• 1M: -3.12%
• YTD: 1.92%
• 6M: 3.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IDUB vs. HFEQ - Expense Ratio Comparison

IDUB has a 0.45% expense ratio, which is lower than HFEQ's 1.00% expense ratio.

HFEQ

Unlimited HFEQ Equity Long/Short ETF

IDUB

Aptus International Enhanced Yield ETF

Return for Risk

IDUB vs. HFEQ — Risk / Return Rank

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

IDUB

IDUB Risk / Return Rank: 75
IDUB Sharpe Ratio Rank: 78
IDUB Sortino Ratio Rank: 78
IDUB Omega Ratio Rank: 77
IDUB Calmar Ratio Rank: 72
IDUB Martin Ratio Rank: 71

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.

IDUB vs. HFEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus International Enhanced Yield ETF (IDUB) and Unlimited HFEQ Equity Long/Short ETF (HFEQ). 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.

	IDUB	HFEQ	Difference
Sharpe ratio Return per unit of total volatility	1.52	—	—
Sortino ratio Return per unit of downside risk	2.13	—	—
Omega ratio Gain probability vs. loss probability	1.31	—	—
Calmar ratio Return relative to maximum drawdown	2.29	—	—
Martin ratio Return relative to average drawdown	8.67	—	—
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

	IDUB	HFEQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.52	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	1.13	-0.84

Correlation

The correlation between IDUB and HFEQ is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

IDUB vs. HFEQ - Dividend Comparison

IDUB's dividend yield for the trailing twelve months is around 5.58%, less than HFEQ's 10.35% yield.

	TTM	2025	2024	2023	2022	2021
IDUB Aptus International Enhanced Yield ETF	5.58%	4.90%	5.64%	3.71%	2.62%	1.38%
HFEQ Unlimited HFEQ Equity Long/Short ETF	10.35%	10.55%	0.00%	0.00%	0.00%	0.00%

Drawdowns

IDUB vs. HFEQ - Drawdown Comparison

The maximum IDUB drawdown since its inception was -29.20%, which is greater than HFEQ's maximum drawdown of -12.46%. Use the drawdown chart below to compare losses from any high point for IDUB and HFEQ.

Drawdown Indicators

	IDUB	HFEQ	Difference
Max Drawdown Largest peak-to-trough decline	-29.20%	-12.46%	-16.74%
Max Drawdown (1Y) Largest decline over 1 year	-11.46%	—	—
Current Drawdown Current decline from peak	-7.56%	-8.99%	+1.43%
Average Drawdown Average peak-to-trough decline	-11.51%	-2.39%	-9.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.03%	—	—

Volatility

Volatility by Period

	IDUB	HFEQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.69%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.15%	21.79%	-4.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.49%	21.79%	-7.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.49%	21.79%	-7.30%