Hedgeye Capital Allocation ETF

Hedgeye Capital Allocation ETF is an actively managed exchange-traded fund focused on delivering long-term capital appreciation while specifically aiming to limit portfolio drawdowns to no more than 15%. The fund is managed by Hedgeye Asset Management under the leadership of David Salem, a veteran allocator with extensive institutional experience. Utilizing a rules-based investment process, the ETF leverages Hedgeye’s proprietary macroeconomic and market data analytics, notably through an algorithm called Hubble. This process ranks a broad selection of over 140 passively managed ETFs, allowing the fund to dynamically allocate across a wide array of asset classes and global markets. HECA follows a “go anywhere but not everywhere” investment approach, emphasizing versatility and risk management, and maintains low portfolio turnover to appeal to fiduciaries and long-term allocators. Designed as an all-weather allocation solution, it targets investors seeking a durable vehicle for navigating varied market cycles without excessive downside risk. The ETF’s structure as a non-diversified fund allows for focused positioning, which may heighten both opportunity and risk in specific market segments.