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HFSP

GradeFNASDAQ Global Market

TradersAI Large Cap Equity & Cash ETF

Broad Stock Market · TradersAI · Inception 2024-10-23

$13.28−0.14 (−1.01%)

As of Sep 23, 2026, 10:17 AM EDT

History starts Oct 24, 2024.
Intraday session: down, 5 prints from 13.41 to 13.28. Range 12.91 to 13.74. Use the arrow keys to read each point.$13.00$13.40$13.60$13.8010 AM12 PM2 PM4 PM
Expense ratio
1.25%
Fund size
$1M
1Y return
−25.5%
Yield · Last 12 months
0.00%
Volume · 30D
0M sh
NAV per share
$13.48
52W range
low $12.93high $18.23

The ETF.net HFSP Grade

F

12/ 100

Rank 28 of 29 in US Large-Cap⁠

Confidence High

Six-pillar profile for HFSP. Scores out of 100: Cost 0, Risk 1, Mission 40, Tradability 0, Holdings not scored, Durability 26. Strongest: Mission (40). Weakest: Tradability (0). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 12 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned13This cap took−0Published score12 Grade F

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 0
    Category rank29/29 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    CScore 40
    Category rank22/22 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 1
    Category rank28/28 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 0
    Category rank29/29 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 26
    Category rank26/29 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on HFSP

ETF.net Research

FMost large-cap funds buy and hold. HFSP day-trades: algorithmic signals reviewed by human traders, positions generally closed by the bell, cash overnight. Rare in the S&P 500 crowd, and priced well above it.

Stated mandate

Seeks maximum total return. The disclosed approach uses intraday trading, with proprietary algorithmic signals reviewed by human traders and positions generally closed at the end of the trading day.

Why people hold it

  1. 01Goes home flat. Positions are generally closed at the end of the trading day, so the portfolio sidesteps the overnight gaps a buy-and-hold large-cap fund wears in full.
  2. 02Not a pure black box: the proprietary algorithmic signals get a human trader's review, and the S&P 500 is the stated reference point.
  3. 03Day-trading tactics delivered inside a plain 1940 Act fund. One ticker, standard fund rules, no personal margin account or screen time required.

Worth knowing

  1. 011.25% a year, nearly double the active US equity median of 0.65%. Funds measured against the same S&P 500, like FELC at 0.18% and PEPS at 0.10%, charge a sliver of that.
  2. 02Small and thinly traded, so bid-ask spreads and gaps between price and net asset value can run wider than in the cohort's index heavyweights.
  3. 03Launched in 2024, so the record is short and an intraday strategy hasn't met a full market cycle. It sits in the bottom quartile of its active US equity peer group.

HFSP Holdings

As of Sep 20, 2026, 10:19 AM
Asset class
Stocks
Holdings
—
Top-10 weight
218%
Largest holding
S&P500 EMINI FUT Sep26115.8%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—S&P500 EMINI FUT Sep26115.85%2$764K1
002—Cash & Other102.06%673,104$673K674
003—First American Government Obligations Fund 12/01/20310.06%391$391625

Showing 1–3 of 3 holdings

HFSP Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

HFSP$7,450
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. HFSP $7,450. SPY $11,723. Use the arrow keys to read each point.$6,895$9,509$12,122Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for HFSP. Periods over one year show the average yearly return.
PeriodHFSP
Year to date−12.0%
1 month+0.4%
3 months−3.9%
1 year−25.5%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for HFSP
YearReturn barHFSP
2026 YTD−12.0%
2025−24.0%
2024+1.1%

History from Oct 24, 2024

HFSP in the news

ETF.net Research hasn’t filed on HFSP yet — coverage lands here as it’s written.

HFSP Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2024

One bar per payment. 1 payment in 2024. Dec 26, 2024 $0.31. Use the arrow keys to read each point.2024
Ex-datePay dateAmount per share
Dec 26, 2024Dec 30, 2024$0.31

HFSP Risk

How much the fund’s monthly returns vary, scaled to a year.
15.6%
Annualised · 22 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−1.53
vs 3-month T-bills · 22 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−38.2%
22 months · trough Sep 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.16
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

HFSP Cost

Expense ratio1.25%
  • The middle half of US Large-Cap funds
  • Median 0.20%

Every other US Large-Cap fund charges less.

HFSP costs $125.00 a year on $10,000. The median US Large-Cap fund costs $20.00.