HFND ETF — Unlimited HFND Multi-Strategy Return Tracker ETF

Unlimited HFND Multi-Strategy Return Tracker ETF (HFND)

Updated October 16, 2026.

HFND is an ETF. its distribution rate is 4.86%, its trailing-12-month yield is 4.86%, its expense ratio is 1.07%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 30.7% over the past 4 years, 94.0 points behind SPY at 124.7%.

Unlimited HFND is an ETF that pursues a multi-strategy approach by taking both long and short positions across a diversified portfolio of roughly 30 to 50 underlying ETFs and futures contracts, along with potential swap agreements. The fund carries a modest current distribution rate with annual distributions and has an expense ratio of 1.07%. This strategy may appeal to investors seeking exposure to alternative return patterns and market-neutral positioning, though the fund's use of leverage and short positions introduces complexity and risk suitable for sophisticated investors.

HFND performance versus SPY

Price and return data through 2026-10-16.

Total return is 30.7% over the past 4 years, 94.0 points behind SPY at 124.7%. Over the past year its total return — price change plus distributions reinvested — is 4.3%. Its deepest 1-year drawdown was 4.9%.

HFND key facts

Distribution Safety Score™

50 · Unproven

Issuer

Unlimited

Asset type

ETF

Asset class

Equity

Inception date

10/10/2022

Expense ratio

1.07%

Distribution rate

4.86%

Distribution frequency

Annual

Trailing yield

4.86%

Last close

$23.55 (as of 2026-10-16)

AUM

$38,002,241

Average volume

1223.0

Dividend

$1.145

Ex-dividend date

12/24/2025

Payment date

12/26/2025

Beta

0.51

How Dividend Vision calculates yield and returns

Distribution rate (4.86%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.86%) 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; 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.

HFND 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 4.9%.

Who may consider HFND — and who may not

HFND may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (HFND pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on HFND

• All tickers starting with H

Frequently asked questions

More securities from Unlimited.