Hedgeye Fourth Turning ETF
No trades
Key stats
About Hedgeye Fourth Turning ETF
Home page
Inception date
Nov 20, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Hedgeye Asset Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US26923Q4165
HEFT aims for long-term capital appreciation with a longshort strategy, guided by the Fourth Turning generational theory. The strategy anticipates an era of social, political, and economic upheaval with unique risks and opportunities. The fund seeks real returns over rolling three-year periods, considering investment themes perceived to be strong during the transformation (macro volatility, policy regime shifts, demographic changes, populism, and institutional restructuring). HEFT may hold up to 150% long exposure in assets expected to benefit from these trends (real assets, defense, infrastructure, commodities, companies supporting reshoring/security themes), and up to 50% short exposure in those likely to underperform. Allocation and position sizing reflect thematic/demographic research signals. The fund gains long exposure through direct securities, ETFs, options, futures, swaps or derivatives. The actively managed fund may hedge currency on its non-US assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
ETF
Stocks58.10%
Electronic Technology15.67%
Health Technology7.10%
Technology Services6.16%
Producer Manufacturing5.98%
Energy Minerals3.75%
Retail Trade3.28%
Health Services2.96%
Non-Energy Minerals2.37%
Consumer Non-Durables2.02%
Industrial Services1.99%
Finance1.62%
Process Industries1.61%
Utilities1.54%
Commercial Services1.51%
Distribution Services0.53%
Bonds, Cash & Other41.90%
ETF29.21%
Cash7.97%
Mutual fund4.63%
Rights & Warrants0.09%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HEFT assets under management is 8.59 M USD. It's risen 3.34 K% over the last month.
HEFT fund flows account for 8.59 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, HEFT doesn't pay dividends to its holders.
HEFT shares are issued by Hedgeye Risk Management LLC under the brand Hedgeye. The ETF was launched on Nov 20, 2025, and its management style is Active.
HEFT expense ratio is 0.70% meaning you'd have to pay 0.70% of your investment to help manage the fund.
HEFT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HEFT invests in stocks.
HEFT trades at a premium (0.31%) meaning the ETF is trading at a higher price than the calculated NAV.