ADDS ETF — Hedgeye Index Adds ETF

Hedgeye Index Adds ETF (ADDS)

Updated October 6, 2026.

ADDS is an ETF. its expense ratio is 0.70%. Total return is 4.4% over the past 0.4 years, 0.6 points ahead of SPY at 3.8%.

Hedgeye Index Adds is an equity ETF that tracks an index strategy. The fund's distribution characteristics and expense details are not currently available. It may appeal to investors seeking index-based equity exposure through an ETF structure.

ADDS performance versus SPY

Price and return data through 2026-10-06.

Total return is 4.4% over the past 0.4 years, 0.6 points ahead of SPY at 3.8%.

ADDS key facts

Issuer

Hedgeye

Asset type

ETF

Asset class

Equity

Inception date

05/28/2026

Expense ratio

0.70%

Distribution frequency

None

Last close

$26.21 (as of 2026-10-06)

AUM

$7,203,378

Average volume

3233.0

Payout ratio

0.0%

P/E ratio

30.7898

Forward P/E

0.0

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Hedgeye; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

Who may consider ADDS — and who may not

It is a weaker fit for investors who need monthly cash flow (ADDS does not currently distribute); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Hedgeye.