# Unlimited HFEQ Equity Long/Short ETF (HFEQ) — Overview

HFEQ · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/hfeq

## Price

Last close $23.00 on Oct 15, 2026. 52-week range $20.43 – $25.06.

## Fund profile

HFEQ seeks to create an investment portfolio with similar return characteristics to the gross of fees returns of the hedge fund industry's Equity Long/Short sector, while also targeting a volatility level approximately twice that of the sector.

| Metric | Value |
| --- | --- |
| Issuer | Tidal Investments LLC |
| Industry | — |
| Inception | Jul 14, 2025 |
| Assets under management | $12.2M |
| Expense ratio | 1.00% |
| Net asset value | $22.86 (as of Oct 14, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is Unlimited HFEQ Equity Long/Short ETF (HFEQ)?

HFEQ seeks to create an investment portfolio with similar return characteristics to the gross of fees returns of the hedge fund industry's Equity Long/Short sector, while also targeting a volatility level approximately twice that of the sector.

### What is HFEQ's expense ratio?

Unlimited HFEQ Equity Long/Short ETF charges an annual expense ratio of 1.00%. The fund is issued by Tidal Investments LLC.

### How large is HFEQ?

Unlimited HFEQ Equity Long/Short ETF manages $12.2M in assets and has traded since Jul 14, 2025.

### How do I buy shares of Unlimited HFEQ Equity Long/Short ETF (HFEQ)?

HFEQ trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).