Hedgeye Asset Management ETFs Surpass $425 Million in First Year
One year after their debut, Hedgeye Asset Management’s flagship exchange-traded funds have reached a combined $425 million in assets under management. The milestone for the Hedgeye Capital Allocation ETF and the Hedgeye Quality Growth ETF coincides with their addition to the LPL Financial platform, expanding access for advisors.
The Hedgeye Capital Allocation ETF (HECA) has crossed the $300 million threshold, while the Hedgeye Quality Growth ETF (HGRO) now holds over $125 million. These funds, launched in 2025, aim to translate the firm’s proprietary macro and quantitative research into transparent, actively managed vehicles. John McNamara, Chief Investment Officer at Hedgeye, described the growth as a reflection of the trust advisors place in their risk-managed framework.
Portfolio manager David Salem oversees the HECA strategy, which functions as a flexible, go-anywhere allocation tool designed to navigate shifting market regimes. Meanwhile, Sam Rahman manages HGRO, focusing on high-quality growth companies with durable business models. Following the success of these initial funds, the firm recently expanded its lineup with the Hedgeye Index Adds ETF (ADDS), managed by Brooks Cutright. The firm continues to emphasize its focus on research-intensive strategies that prioritize downside protection alongside long-term compounding.
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