CAAA vs HFND
Comparison between FIRST TRUST AAA CMBS ETF (CAAA, ETF) and UNLIMITED HFND MULTI-STRATEGY RETURN TRACKER ETF (HFND, ETF).
CAAA vs HFND - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
CAAA vs HFND - Holdings Comparison
CAAA and HFND have 0 common holdings. Overlap is 0.00%
CAAA's top 25 holdings weight is 4.13%. HFND's top 25 holdings weight is 160.96%.
| Rank | CAAA | HFND |
|---|---|---|
| #1 | MORGAN STANLEY INSTL LQUDTY TRS INSTL (MISXX) - 4.13% | FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 44.30% |
| #2 | N/A | CBOE HIGH YIELD CORPORATE BOND INDEX FUTURE SEPT 26 (n/a) - 27.29% |
| #3 | N/A | OTHER ASSETS AND LIABILITIES (n/a) - 11.05% |
| #4 | N/A | MSCI EMERGING MARKETS INDEX FUTURE SEPT 26 (n/a) - 9.71% |
| #5 | N/A | VANGUARD VALUE ETF (VTV) - 7.94% |
| #6 | N/A | EURO STOXX 50 FUTURE SEPT 26 (n/a) - 5.85% |
| #7 | N/A | ISHARES AGENCY BOND ETF (AGZ) - 4.92% |
| #8 | N/A | VANGUARD MID-CAP ETF (VO) - 4.26% |
| #9 | N/A | E-MINI S&P 500 FUTURE SEPT 26 (n/a) - 4.26% |
| #10 | N/A | ISHARES J.P. MORGAN EM HIGH YLD BD ETF (EMHY) - 4.25% |
| #11 | N/A | CBOE VIX FUTURE JUL26 (n/a) - 3.90% |
| #12 | N/A | MSCI EAFE INDEX FUTURE SEPT 26 (n/a) - 3.52% |
| #13 | N/A | VANGUARD GROWTH ETF (VUG) - 3.41% |
| #14 | N/A | ISHARES CONVERTIBLE BOND ETF (ICVT) - 3.28% |
| #15 | N/A | E-MINI RUSSELL 2000 INDEX FUTURE SEPT 26 (n/a) - 2.93% |
| #16 | N/A | NIKKEI/USD FUTURE SEPT 26 (n/a) - 2.88% |
| #17 | N/A | STATE STREET®MATSELSECTSPDR®ETF (XLB) - 2.66% |
| #18 | N/A | STATE STREET® INDSTRLSELSECTSPDR®ETF (XLI) - 2.30% |
| #19 | N/A | BCOM COMDTY IND SEP26 (n/a) - 2.27% |
| #20 | N/A | STATE STREET® CNSMRDISCSELSECTSPDR®ETF (XLY) - 2.05% |
| #21 | N/A | STATE STREET®TECHSELSECTSPDR®ETF (XLK) - 1.99% |
| #22 | N/A | ISHARES IBOXX $ INVMT GRADE CORP BD ETF (LQD) - 1.74% |
| #23 | N/A | STATE STREET®FINSELSECTSPDR®ETF (XLF) - 1.64% |
| #24 | N/A | AUSTRALIAN DOLLAR FUTURE SEPT 26 (n/a) - 1.37% |
| #25 | N/A | VANGUARD US MOMENTUM FACTOR ETF (VFMO) - 1.19% |
| Total Holdings | 1 | 42 |
CAAA vs HFND - Historical Returns
Returns include dividend reinvestment.
CAAA vs HFND - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | CAAA | HFND |
|---|---|---|
| 2026 | +0.89% | +7.94% |
| 2025 | +7.92% | +8.87% |
| 2024 | +4.65% | +8.97% |
| 2023 | N/A | +3.78% |
| 2022 | N/A | +2.38% |
CAAA vs HFND Drawdown Comparison
The maximum drawdown for CAAA was -2.24%, occurring on Nov 13, 2024. Recovery took 107 trading sessions.
The maximum drawdown for HFND was -13.31%, occurring on Apr 8, 2025. Recovery took 106 trading sessions.
The current CAAA drawdown is -0.74%. The current HFND drawdown is -1.54%.
| Rank | CAAA | HFND |
|---|---|---|
| #1 | -2.24% Sep 17, 2024 - Feb 21, 2025 | -13.31% Feb 19, 2025 - Jul 23, 2025 |
| #2 | -2.08% Feb 17, 2026 - Mar 27, 2026 | -6.96% Feb 2, 2023 - Feb 15, 2024 |
| #3 | -1.63% Mar 27, 2024 - Jun 3, 2024 | -5.43% Jul 16, 2024 - Sep 24, 2024 |
| #4 | -1.47% Apr 4, 2025 - Apr 28, 2025 | -4.94% Feb 25, 2026 - Apr 17, 2026 |
| #5 | -1.01% Sep 15, 2025 - Oct 27, 2025 | -4.21% Dec 9, 2024 - Feb 7, 2025 |
| #6 | -0.97% May 1, 2025 - Jun 4, 2025 | -3.70% Mar 28, 2024 - Jul 3, 2024 |
| #7 | -0.90% Aug 5, 2024 - Aug 21, 2024 | -3.01% Oct 27, 2025 - Dec 10, 2025 |
| #8 | -0.83% Nov 28, 2025 - Jan 12, 2026 | -2.92% Dec 10, 2025 - Jan 9, 2026 |
| #9 | -0.83% Jun 30, 2025 - Aug 1, 2025 | -2.58% Jun 2, 2026 - Jun 15, 2026 |
| #10 | -0.79% Mar 8, 2024 - Mar 27, 2024 | -2.55% Nov 30, 2022 - Jan 11, 2023 |
| #11 | -0.72% Jun 18, 2024 - Jul 5, 2024 | -2.50% Jun 22, 2026 - Jul 20, 2026 |
| #12 | -0.62% Jun 6, 2024 - Jun 13, 2024 | -2.33% May 14, 2026 - Jun 1, 2026 |
| #13 | -0.59% Jul 16, 2024 - Jul 31, 2024 | -2.02% Jan 28, 2026 - Feb 9, 2026 |
| #14 | -0.56% Jan 12, 2026 - Feb 5, 2026 | -2.02% Oct 8, 2025 - Oct 23, 2025 |
| #15 | -0.53% Oct 27, 2025 - Nov 18, 2025 | -1.92% Oct 22, 2024 - Nov 7, 2024 |
Correlation
Correlation between CAAA and HFND is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (2022 - 2026)
CAAA vs HFND dividend yield comparison.
| Year | CAAA | HFND |
|---|---|---|
| 2026 | 2.55% | 0.00% |
| 2025 | 6.09% | 5.08% |
| 2024 | 4.01% | 3.70% |
| 2023 | 0.00% | 1.41% |
| 2022 | 0.00% | 0.43% |
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