EPS vs HFSP

EPSAWisdomTree U.S. LargeCap Fund

HFSPFTradersAI Large Cap Equity & Cash ETF

In short

EPS Large-cap core with a profit filter. Roughly 500 U.S. companies, all of them earnings generators, tracked since 2007 for 0.08% a year. Same plumbing as a plain index fund, with a screen most of them skip.

HFSP Most 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

EPS The fund seeks to track earnings-generating large-cap companies in the U.S. equity market.

HFSP 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

• EPS The screen is the whole point: the index holds large U.S. companies that actually generate earnings, so unprofitable names do not ride in on market cap alone.wisdomtree.com
• 0.08% a year, under the median for its large-cap peer group, and it still spreads across roughly 500 stocks.
• Running since 2007 and now a multi-billion-dollar fund, it has tracked its index tightly and ranks in the top quartile of its large-cap cohort.
• Pays out quarterly, the standard cadence for a core equity holding.

• HFSP Goes 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.
• Not a pure black box: the proprietary algorithmic signals get a human trader's review, and the S&P 500 is the stated reference point.
• Day-trading tactics delivered inside a plain 1940 Act fund. One ticker, standard fund rules, no personal margin account or screen time required.

Worth knowing

• EPS It trades thinly for the category, so bid-ask spreads can run wider than the heavily traded core names in the group.
• Cheaper shelf-mates exist: SCHX and VV charge 0.03%, BKLC charges nothing. The earnings screen is what the extra basis points buy.
• Screening on earnings means the portfolio can look different from a plain cap-weighted large-cap index, and its results will drift from that benchmark in both directions.

• HFSP 1.25% 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.
• Small 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.
• Launched 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.

Full EPS profile⁠

Full HFSP profile⁠