# HEFT (Hedgeye Fourth Turning ETF)

Hedgeye · Allocation ETFs · Moderate · data as of Oct 7, 2026

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

## Key facts

- HEFT, total return, since launch: +6.1%, as of Oct 7, 2026.
- HEFT, expense ratio: 0.70%, as of Oct 7, 2026.
- HEFT, holdings: 33, as of Oct 7, 2026.
- HEFT, below its high: −5.2%, as of Oct 7, 2026.
- HEFT, net assets: $84m (SEC filing, whole fund, as filed for Jul 31, 2026).

## HEFT over each window to Oct 7, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | +1.2% | +4.5% | −3.3 pts | −5.4 pts |
| 6 months | +0.5% | +15.6% | −15.1 pts | −24.8 pts |
| Since launch | +6.1% | +19.2% | −13.1 pts | −22.9 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Fund type | Allocation fund | ETFIQ |
| Category | Allocation · Moderate | ETFIQ |
| Expense ratio | 0.70% | 485BPOS XBRL, Nov 5, 2025 |
| Price | $26.57 | ETFIQ |
| First traded | Nov 21, 2025 | ETFIQ |
| Net assets | $84m | SEC filing, whole fund, as filed for Jul 31, 2026 |
| Below its high | −5.2% | ETFIQ |
| Holdings | 33 | ETFIQ |
| Top ten weight | 66.5% | ETFIQ |
| Holdings as of | Jul 31, 2026 | SEC N-PORT |
| Already in the S&P 500, by weight | 7.2% | ETFIQ |
| Active share vs the S&P 500 | 97.2% | ETFIQ |
| Already in the Nasdaq-100, by weight | 1.0% | ETFIQ |

## Questions

### 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.


## 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 https://etfiq.com/data/.

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