ETFIQ
RankingsCompareHoldingsFlowsResearch
ETF ModelsMy portfolioWeekly note

HEFT · Hedgeye Fourth Turning ETF

Allocation fund0.70% fee$84mFirst traded Nov 21, 2025SEC filings ↗
Share on XDownload as PDFCompareAdd to portfolioAlerts

HEFT returned +6.1% since it first traded on Nov 21, 2025.

+6.1%
Total return, since launch
0.70%
Expense ratio
33
Holdings
−5.2%
Below its high
WindowTotal returnS&P 500Gap to S&P 500Gap to Nasdaq-100
3M Jul 8 – Oct 7, 2026+1.2%+4.5%−3.3 pts−5.4 pts
6M Apr 8 – Oct 7, 2026+0.5%+15.6%−15.1 pts−24.8 pts
Since launch Nov 21, 2025 – Oct 7, 2026+6.1%+19.2%−13.1 pts−22.9 pts

Source: ETFIQ.

HEFT top ten by weight, 66.5% of its 33 equity positions, from the holdings filed for Jul 31, 2026. An index fund holds what the index holds, so this is the index. Source: the fund’s SEC filing.

State Street SPDR Bloomberg En CERY 12.98%
iMGP DBi Managed Futures Strat DBMF 10.84%
F/m US Treasury 2 Year Note ET UTWO 10.32%
Vanguard Morningstar Total Sto VTI 8.35%
ProShares S&P 500 Dividend Ari NOBL 5.29%
Franklin U.S. Low Volatility H LVHD 5.29%
FlexShares STOXX Global Broad NFRA 3.85%
State Street SPDR S&P Global N GNR 3.28%
Vanguard Short-Term Corporate VCSH 3.26%
First Trust NASDAQ Cybersecuri CIBR 3.03%
Fund filings on SEC EDGAR ↗
Head to head
Funds near this one
ACWIACWXAIRRAORAVDVAVEM

In plain words

Fund typeAllocation fund
Category (ETFIQ)Allocation · Moderate
Expense ratio (485BPOS XBRL, Nov 5, 2025)0.70%
Price$26.57
First tradedNov 21, 2025
Net assets (SEC filing, whole fund, as filed for Jul 31, 2026)$84m
Below its high (ETFIQ)−5.2%
Holdings33
Top ten weight66.5%
Holdings as of (SEC N-PORT)Jul 31, 2026
Already in the S&P 500, by weight (ETFIQ)7.2%
Active share vs the S&P 500 (ETFIQ)97.2%
Already in the Nasdaq-100, by weight (ETFIQ)1.0%

Questions people ask about HEFT

What does HEFT cost?
The prospectus expense ratio is 0.70% a year.
What does HEFT hold?
33 positions as filed for Jul 31, 2026, with the top ten at 66.5% of the fund. 7% of its weight is in stocks the S&P 500 also holds.
How far is HEFT below its high?
5.2% below its high of Jan 28, 2026, measured on the reinvested series to Oct 7, 2026.
Sources and dates
Prices, HEFT and S&P 500Tiingo end-of-day · Oct 7, 2026
Fee, 0.70%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $84mSEC filing, whole fund · Jul 31, 2026
HoldingsHoldings filing (SEC Form N-PORT) · Jul 31, 2026 ↗
IssuerHedgeye website ↗
All fund filingsFund filings on SEC EDGAR ↗
SourceHedgeye’s own site ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, HEFT, allocation fund, data as of Oct 7, 2026. https://etfiq.com/funds/heft

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.