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Launched

Hedgeye Quality Growth ETF

HGRONYSE ArcaHedgeyeC

$29.38−0.04 (−0.14%)

As of Nov 2, 2026, 3:59 PM ET

C46/ 100

Rank 69 of 126 in US Active Equity

C46/100Rank 69 of 126inUS Active Equity
Intraday session: down, 79 prints from 29.42 to 29.38. Range 29.38 to 29.71. Use the arrow keys to read each point.29.5029.5529.6029.6529.7010 AM12 PM2 PM4 PM
Expense ratio
0.70%
Fund size
$107M
1Y total return
+3.7%
Yield · Last 12 months
No data
Holdings
53
Avg volume · 30D
36.4K sh
52W range
low $27.10high $31.85
Launched

The ETF.net HGRO Grade

Based on 5 of 6 pillars

C

Score 46 out of 100

Category
US Active Equity⁠
Rank
69 of 126
Six-pillar profile for HGRO. Scores out of 100: Cost 47, Risk 42, Mission not scored, Tradability 44, Holdings 57, Durability 38. Strongest: Holdings (57). Weakest: Durability (38). Based on 5 of 6 pillars.

Score 46 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C47 out of 100
    Rank 64 of 126

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C42 out of 100
    Rank 84 of 126

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C44 out of 100
    Rank 70 of 126

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B57 out of 100
    Rank 63 of 124

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D38 out of 100
    Rank 98 of 126

Our read on HGRO

ETF.net Research

In short

CHedgeye built its name selling macro research to traders. HGRO is that research in a ticker: an active, concentrated book of US large- and mid-cap growth names picked off the firm's growth-and-inflation regime maps.

Stated mandate

The fund aims to achieve long-term growth of capital and income.

Why people hold it

  • The macro call is the product: holdings come off a framework that maps growth and inflation data into themes, then screens companies on fundamentals.stockanalysis.com
  • Genuinely active. It runs a non-diversified book of US-listed stocks and REITs, with at least 80% of net assets in US-listed equities, rather than hugging a broad index.yahoo.com
  • Moderately traded despite a 2025 launch, so getting a position on or off is not a scavenger hunt.

Worth knowing

  • 0.70% a year is full active pricing, above the typical active US equity ETF and many times core rivals like DFAU (0.12%) and FELC (0.18%).
  • Launched June 2025, so the record is short and the process has not been tested across a full market cycle.
  • Non-diversified means fewer, larger positions, and up to 20% of total assets can sit in foreign companies, including depositary receipts.yahoo.com

HGRO Performance

Launched Jun 10, 2025

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

Not enough history yet.Not enough history yet.Not enough history yet.
HGRO$10,367
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. HGRO $10,367. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 HGRO. Periods over one year show the average yearly return.
PeriodHGRO
Year to date+3.6%
1 month−2.4%
3 months−2.7%
1 year+3.7%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 HGRO
YearReturn barHGRO
2026 YTD+3.6%
2025+13.4%

History from Jun 11, 2025

HGRO in the news

HGRO Dividends

Last payment
$0.02 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $0.02. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$0.02

$10,000 in HGRO 1 year ago paid $7.99 in dividends.

HGRO Risk

Risk pillarC42 out of 100Rank 84 of 126 in US Active Equity
How much the fund’s monthly returns vary, scaled to a year.
10.5%
Annualised · 16 months to Oct 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.
0.52
vs 3-month T-bills · 16 months to Oct 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.
−7.6%
16 months · trough Mar 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.
0.78
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.

FMP measures it over up to five years of monthly returns.

HGRO Cost

Compare HGRO and TACU

Overpaying vs TACU, cheapest in US Active Equity

$13,606

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • HGRO 0.70%

    $13,606

  • TACU 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • HGRO 0.70%
  • TACU 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530HGRO $13,606TACU $0

Year by year

YearHGROTACUOverpaying
10$1,250$0$1,250
20$4,760$0$4,760
30$13,606$0$13,606

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