Unlimited HFEQ Equity Long/Short ETF (HFEQ)
Unlimited HFEQ Equity Long/Short ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $24.84, up 0.08% on the session, giving a market capitalisation of $1.2M. Its beta of 1.02 implies it has historically moved more than the broad market.
The Unlimited HFEQ Equity Long/Short ETF (HFEQ) is an actively managed exchange-traded fund that aims to replicate the return profiles commonly associated with the hedge fund industry. It specifically targets a volatility level roughly double that of typical market movements. This is achieved by investing in a portfolio of other ETFs, which are then strategically adjusted using futures contracts, swap agreements, and direct holdings in individual stocks.
Unlimited HFEQ Equity Long/Short ETF is most often compared with the following Financial Services names: