HFGM ETF — Unlimited HFGM Global Macro ETF

Unlimited HFGM Global Macro ETF (HFGM)

Updated October 16, 2026.

HFGM is an ETF. its trailing-12-month yield is 10.53%, its expense ratio is 1.01%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 35.2% over the past 1.5 years, 9.1 points behind SPY at 44.3%.

Unlimited HFGM Global Macro ETF is an actively managed multi-asset fund that seeks to replicate the return characteristics of global macro hedge funds by taking long and short positions across equities, fixed income, commodities, and currencies through underlying ETFs and futures contracts, while targeting volatility approximately twice that of the hedge fund sector. The fund has a current distribution rate and distributes annually, though its latest distribution was special and may not recur regularly. With an expense ratio of 1.01%, it appeals to investors seeking hedge fund-like exposure with higher volatility and active management.

HFGM performance versus SPY

Price and return data through 2026-10-16.

Total return is 35.2% over the past 1.5 years, 9.1 points behind SPY at 44.3%. Over the past year its total return — price change plus distributions reinvested — is 4.1%. Its deepest 1-year drawdown was 15.1%.

HFGM key facts

Distribution Safety Score™

50 · Unproven

Issuer

Unlimited

Asset type

ETF

Asset class

Multi-Asset

Inception date

04/14/2025

Expense ratio

1.01%

Distribution frequency

Annual

Trailing yield

10.53%

Last close

$30.78 (as of 2026-10-16)

AUM

$160,102,229

Average volume

19500.0

Dividend

$3.24

Ex-dividend date

12/24/2025

Payment date

12/26/2025

Beta

1.1898

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (10.53%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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: Unlimited or company page; 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.

HFGM risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 15.1%.

Who may consider HFGM — and who may not

It is a weaker fit for investors who need monthly cash flow (HFGM pays annual); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on HFGM

• All tickers starting with H

Tagged: Active.

Frequently asked questions

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