# Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) — Overview

HFND · NYSE · Fund

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

## Price

Last close $23.62 on Oct 15, 2026. 52-week range $22.54 – $24.75.

## Fund profile

HFND is an actively managed fund that seeks to outperform the hedge fund industry by taking long and short positions in broad-based ETFs and futures contracts. The fund attempts to build a portfolio with similar return characteristics to the hedge fund industry gross of fees returns.

| Metric | Value |
| --- | --- |
| Issuer | Tidal Investments LLC |
| Industry | — |
| Inception | Oct 10, 2022 |
| Assets under management | $37.5M |
| Expense ratio | 1.07% |
| Net asset value | $23.71 (as of Oct 14, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is Unlimited HFND Multi-Strategy Return Tracker ETF (HFND)?

HFND is an actively managed fund that seeks to outperform the hedge fund industry by taking long and short positions in broad-based ETFs and futures contracts. The fund attempts to build a portfolio with similar return characteristics to the hedge fund industry gross of fees returns.

### What is HFND's expense ratio?

Unlimited HFND Multi-Strategy Return Tracker ETF charges an annual expense ratio of 1.07%. The fund is issued by Tidal Investments LLC.

### How large is HFND?

Unlimited HFND Multi-Strategy Return Tracker ETF manages $37.5M in assets and has traded since Oct 10, 2022.

### How do I buy shares of Unlimited HFND Multi-Strategy Return Tracker ETF (HFND)?

HFND 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.

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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).