What does HFGM track?

HFGM is the Unlimited HFGM Global Macro ETF, a Other ETF.

What is the expense ratio of HFGM?

Expense ratio data for HFGM is shown on the page when available from our data provider.

What are the largest holdings in HFGM?

Top holdings include First American Government Obligations Fund 12/01/2031, US LONG BOND(CBT) Dec26, JPN YEN CURR FUT Sep26, iBoxx iSh $HY Fut Dec26, US 5YR NOTE (CBT) Dec26.

How can PortView analyze HFGM overlap with other ETFs?

PortView computes the holdings overlap between HFGM and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.

Unlimited HFGM Global Macro (HFGM) ETF Holdings & Analysis

ETFOther

$31.65+0.00%

1-year price historyRange $28.84 – $35.00

52-week range$31.65

$28.79$37.06

What HFGM does

The HFGM ETF is an actively managed fund designed to construct a portfolio mirroring the attributes of the hedge fund industry's Global Macro sector, though with a substantially larger notional footprint. Its primary objective is to generate returns by navigating global economic shifts. To surpass industry performance, the fund deliberately targets twice the volatility. It initially builds its base from a broad range of passively managed ETFs across various asset classes. To achieve its heightened volatility target, HFGM then strategically employs both long and short positions in a focused selection of 10-30 ETFs and futures contracts. A proprietary algorithm is utilized to pinpoint optimal positions, analyzing historical return and volatility patterns within the Global Macro sector, with portfolio managers further refining inputs based on return factors that best capture recent market movements. The fund makes frequent adjustments to its portfolio, resulting in significant trading activity. Up to 25% of its investments may be in futures contracts and swap agreements, facilitated through a wholly owned Cayman Islands subsidiary. It is important to note that this fund does not directly invest in hedge fund strategies or specific hedge fund positions.

Fund profile

Top holdings

	Holding	Weight
	First American Government Obligations Fund 12/01/2031	12.38%
	US LONG BOND(CBT) Dec26	12.10%
	JPN YEN CURR FUT Sep26	9.51%
	iBoxx iSh $HY Fut Dec26	9.46%
	US 5YR NOTE (CBT) Dec26	6.80%
	AUDUSD Crncy Fut Sep26	5.81%
	Cash & Other	5.19%
	MSCI EmgMkt Sep26	3.94%
	C$ CURRENCY FUT Sep26	3.90%
	WTI CRUDE FUTURE Oct26	3.73%

Geographic allocation

Other	94.67%
United States	5.33%

PortView Portfolio Insights

PortView analyzes how HFGM 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.

Analyze HFGM in PortView →

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Frequently asked questions

What does HFGM track?: HFGM is the Unlimited HFGM Global Macro ETF, a Other ETF.
What is the expense ratio of HFGM?: Expense ratio data for HFGM is shown on the page when available from our data provider.
What are the largest holdings in HFGM?: Top holdings include First American Government Obligations Fund 12/01/2031, US LONG BOND(CBT) Dec26, JPN YEN CURR FUT Sep26, iBoxx iSh $HY Fut Dec26, US 5YR NOTE (CBT) Dec26.
How can PortView analyze HFGM overlap with other ETFs?: PortView computes the holdings overlap between HFGM 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.