Hedgeye Capital Allocation ETF

HECA

Market cap $24M

Hedgeye Asset Management rolled out its first actively managed ETF, one that's designed for resilience, if not returns. The Hedgeye Capital Allocation ETF HECA debuted today with a goal: pursue long-term capital appreciation with less than 15% portfolio drawdowns.

STAMFORD, Conn. , July 1, 2025 /PRNewswire/ -- Hedgeye Asset Management, LLC ("HAM"), a subsidiary of Hedgeye Risk Management, LLC, today announced the launch of the Hedgeye Capital Allocation ETF (NYSE: HECA)— an actively managed ETF that seeks long-term capital appreciation by maximizing total returns across global market cycles, while avoiding drawdowns exceeding 15%.