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HXA

The fund does not yet have enough measurable history for a letter. Young funds age in naturally as their record builds; nothing is wrong.New York Stock Exchange Arca

Mast HedgeIndex Corporate Arbitrage ETF

Multi-Asset & Alternatives · Mast Investments · Inception 2026-08-21 · SEC filings

$24.82+0.00 (+0.00%)

As of Sep 23, 2026, 9:46 AM EDT

Market opens at 9:30 AM ET.History starts Aug 21, 2026.History starts Aug 21, 2026.History starts Aug 21, 2026.
Intraday session: up, 5 prints from 24.76 to 24.82. Range 24.75 to 24.88. Use the arrow keys to read each point.$24.75$24.80$24.85Sep 17Sep 18Sep 21Sep 22Sep 23
Expense ratio
0.99%
Fund size
$50M
1Y return
—
Yield · Last 12 months
—
Holdings
149
Volume · 30D
0.2M sh
NAV per share
$24.82
52W range
low $24.75high $25.02

HXA Holdings

As of Sep 22, 2026, 1:56 PM
Asset class
Stocks
Holdings
149
Top-10 weight
2453%
Largest holding
QRVO391.5%

Geography

The fund’s holdings, weight-ordered — page 1 of 6.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001QRVOQORVO INC391.48%18,492$2M160
002GBTGGLOBAL BUSINESS TRAVEL GROUP321.32%188,055$2M67
003MKTXMARKETAXESS HOLDINGS INC316.78%10,731$2M149
004ARXACCELERANT HOLDINGS-CL A306.11%85,682$2M43
005PAYOPAYONEER GLOBAL INC224.76%175,023$1M112
006OGNORGANON & CO194.14%78,571$1M128
007DVDOUBLEVERIFY HOLDINGS INC191.17%78,752$1M115
008BOWBOWHEAD SPECIALTY HOLDINGS I190.79%31,270$1M60
009TCBKTRICO BANCSHARES167.88%17,527$929K85
010SYNASYNAPTICS INC148.45%8,619$822K125
011ZIMZIM INTEGRATED SHIPPING SERV94.81%17,234$525K48
012BZHBEAZER HOMES USA INC63.42%10,525$351K64
013HZOMARINEMAX INC63.25%6,682$350K89
014VREXVAREX IMAGING CORP63.09%18,913$349K66
015MPCMARATHON PETROLEUM CORP9.59%132$53K391

Showing 1–15 of 78 holdings

HXA Performance

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

HXA$9,924
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,125
Aug 21, 2026 to Sep 22, 2026. HXA $9,924. SPY $10,125. Use the arrow keys to read each point.$9,825$9,987$10,149Aug 21Sep 4Sep 22

Aug 21, 2026 – 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 HXA. Periods over one year show the average yearly return.
PeriodHXA
Year to dateFund launched this year—
1 month−0.8%
3 monthsFund is under 3 months old—
1 yearFund is under 1 year old—
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 HXA
YearReturn barHXA
2026 YTD−0.8%

Since listing, Aug 21, 2026

HXA in the news

HXA 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.
—Last 12 months
Payout per share
—Last 12 months

Listed Aug 2026. No distributions yet.

HXA Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Aug 2026; fills in after 12 months
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.
—
Launched Aug 2026; fills in after 12 months
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.
—
Launched Aug 2026; fills in after 12 months
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.
0.00
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.

HXA Cost

Expense ratio0.99%
  • The middle half of Merger Arbitrage funds
  • Median 0.76%

Every other Merger Arbitrage fund charges less.

HXA costs $99.00 a year on $10,000. The median Merger Arbitrage fund costs $76.00.