Hedgeye Capital Allocation ETF (HECA)

Hedgeye Capital Allocation ETF (HECA) is an exchange-traded fund in the Global Moderate Allocation category. It has $282.26M in assets, an expense ratio of 0.81% and a 1.09% dividend yield. The fund seeks to meet its objective by actively managing and allocating its assets in investments that provide exposure across various asset classes (including equities,bonds and other debt instruments, commodities, and currencies), with a focus on maximizing returns over rolling 12-month horizons while seeking to avoid drawdowns or peak-to-trough declines in the fund’s net asset value exceeding 15%. The fund is non-diversified.