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Hedgeye Fourth Turning (HEFT) ETF Holdings & Analysis
ETFOther
What HEFT does
HEFT aims for long-term capital appreciation with a longshort strategy, guided by the Fourth Turning generational theory. The strategy anticipates an era of social, political, and economic upheaval with unique risks and opportunities. The fund seeks real returns over rolling three-year periods, considering investment themes perceived to be strong during the transformation (macro volatility, policy regime shifts, demographic changes, populism, and institutional restructuring). HEFT may hold up to 150% long exposure in assets expected to benefit from these trends (real assets, defense, infrastructure, commodities, companies supporting reshoring/security themes), and up to 50% short exposure in those likely to underperform. Allocation and position sizing reflect thematic/demographic research signals. The fund gains long exposure through direct securities, ETFs, options, futures, swaps or derivatives. The actively managed fund may hedge currency on its non-US assets.
Fund profile
Top holdings
| Holding | Weight | |
|---|---|---|
| State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF | 9.92% | |
| iMGP DBi Managed Futures Strategy ETF | 7.79% | |
| F/m US Treasury 2 Year Note ETF | 7.24% | |
| First American Government Obligations Fund 12/01/2031 | 6.57% | |
| Vanguard Morningstar Total Stock Market ETF | 5.21% | |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND ETF SHARES-SWAP-CLST-L | 5.02% | |
| ProShares S&P 500 Dividend Aristocrats ETF | 4.22% | |
| SPDR Gold Shares | 3.81% | |
| Franklin U.S. Low Volatility High Dividend Index ETF | 3.65% | |
| VANGUARD TOTAL WORLD STOCK INDEX FUND ETF SHARES-SWAP-CLST-L | 3.47% |
Geographic allocation
| Other | 20.71% |
| United States | 78.14% |
| United Kingdom | 0.94% |
| Denmark | 0.89% |
| Japan | -0.33% |
| Bermuda | -0.34% |
PortView Portfolio Insights
PortView analyzes how HEFT fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.
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Frequently asked questions
- What does HEFT track?
- HEFT is the Hedgeye Fourth Turning ETF, a Other ETF.
- What is the expense ratio of HEFT?
- Expense ratio data for HEFT is shown on the page when available from our data provider.
- What are the largest holdings in HEFT?
- Top holdings include CERY, DBMF, UTWO, First American Government Obligations Fund 12/01/2031, VTI.
- How can PortView analyze HEFT overlap with other ETFs?
- PortView computes the holdings overlap between HEFT and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.
The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.