Unlimited HFMF Managed Futures ETF
HFMF
New York Stock Exchange21.12
USD
-0.03
(-0.68%)
Unlimited HFMF Managed Futures ETF
HFMF
(New York Stock Exchange)
Recent
price
21.12
P/E
ratio
27.84
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Unlimited HFMF Managed Futures ETF (NYSE Arca: HFMF) is an actively managed exchange-traded fund that seeks capital appreciation by replicating the gross-of-fees return characteristics of the hedge fund industry's Managed Futures sector while targeting approximately twice the sector's volatility through a proprietary algorithm-driven portfolio of long and short positions in underlying ETFs and exchange-listed futures contracts on commodities, equities, fixed income, currencies and other assets. The fund, sub-advised by Unlimited Funds, Inc., invests at least 80% of its net assets in derivatives including futures, swaps and options, as well as passively managed ETFs, with frequent portfolio adjustments based on publicly reported sector returns, volatility metrics and machine learning models to outperform net-of-fees hedge fund benchmarks at a 0.95% expense ratio that undercuts traditional 2-and-20 structures; it operates without direct hedge fund investments, illiquid positions or K-1 paperwork, offering tax efficiency, intraday liquidity and diversification benefits to retail and institutional investors in U.S. markets. Launched on July 14, 2025, as part of Tidal Trust I and issued under the Unlimited ETFs brand, HFMF is managed by Unlimited co-founders Bob Elliott, former Bridgewater Associates Investment Committee member, and Bruce McNevin, NYU Economics Professor with quantitative experience at hedge funds and BlackRock; the fund holds assets around $10 million with top exposures to instruments like E-mini S&P 500 futures, gold futures, U.S. Treasury bond futures, crude oil futures and cash equivalents. In July 2025, Unlimited simultaneously launched HFMF alongside the complementary HFEQ Equity Long/Short ETF, expanding its suite to cover core hedge fund strategies including prior HFND Multi-Strategy and HFGM Global Macro ETFs following SEC approvals announced in April 2025, marking the firm's strategic push into trend-following managed futures replication amid rising demand for low-cost alternative beta exposure. Headquartered in New York and founded in 2022, Unlimited focuses on global markets through U.S.-domiciled vehicles without noted subsidiaries or parent relationships beyond Tidal ETF Services as launch partner and Foreside Fund Services as distributor.
Make Managed Futures Investing Easy With HFMF
The Long-Term Portfolio Benefits of Managed Futures
ETF Prime: Rosenbluth Shares ETF Innovation Updates