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HECA vs UTEN

Comparison between HEDGEYE CAPITAL ALLOCATION ETF (HECA, ETF) and F/M US TREASURY 10 YEAR NOTE ETF (UTEN, ETF).

HECA vs UTEN - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
HECA
$287M
Winner
UTEN
$287M
Expense Ratio
HECA
0.81%
Winner
UTEN
0.15%
Max Drawdown
Winner
HECA
12.82%
UTEN
16.76%
Sharpe Ratio
Winner
HECA
0.67
UTEN
-0.44
5Y Beta
HECA
0.43
Winner
UTEN
0.01

HECA vs UTEN - Historical Returns

Returns include dividend reinvestment.

1M
Winner
HECA
+2.66%
UTEN
+0.83%
3M
Winner
HECA
+0.66%
UTEN
+0.11%
6M
HECA
-9.10%
Winner
UTEN
-2.37%
1Y
Winner
HECA
+12.16%
UTEN
+1.66%
5Y(CAGR)
HECA
N/A
UTEN
+0.02%
Max(CAGR)
Winner
HECA
+12.34%
UTEN
+0.02%

HECA vs UTEN - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

YearHECAUTEN
2026+0.98%-0.63%
2025+12.83%+7.85%
2024N/A-1.27%
2023N/A+2.37%
2022N/A-7.80%

HECA vs UTEN Drawdown Comparison

The maximum drawdown for HECA was -12.82%, occurring on Jun 18, 2026. This drawdown has not yet recovered.

The maximum drawdown for UTEN was -13.36%, occurring on Oct 19, 2023. Recovery took 770 trading sessions.

The current HECA drawdown is -9.10%. The current UTEN drawdown is -3.09%.

RankHECAUTEN
#1-12.82%
Feb 25, 2026 - Jun 18, 2026
-13.36%
Aug 10, 2022 - Sep 5, 2025
#2-5.01%
Oct 15, 2025 - Jan 6, 2026
-4.57%
Feb 27, 2026 - May 19, 2026
#3-3.39%
Jan 28, 2026 - Feb 9, 2026
-1.76%
Nov 26, 2025 - Feb 12, 2026
#4-3.35%
Oct 8, 2025 - Oct 15, 2025
-1.41%
Oct 22, 2025 - Nov 25, 2025
#5-2.34%
Jul 23, 2025 - Aug 27, 2025
-1.12%
Sep 11, 2025 - Oct 10, 2025
#6-1.15%
Feb 13, 2026 - Feb 25, 2026
-0.27%
Sep 8, 2025 - Sep 10, 2025
#7-1.02%
Aug 28, 2025 - Sep 5, 2025
-0.25%
Feb 13, 2026 - Feb 23, 2026
#8-0.80%
Sep 22, 2025 - Sep 26, 2025
-0.17%
Oct 16, 2025 - Oct 21, 2025
#9-0.68%
Jul 3, 2025 - Jul 17, 2025
-0.11%
Feb 23, 2026 - Feb 26, 2026
#10-0.63%
Oct 6, 2025 - Oct 8, 2025
-0.08%
Oct 14, 2025 - Oct 16, 2025
#11-0.63%
Sep 8, 2025 - Sep 11, 2025
N/A
#12-0.61%
Sep 15, 2025 - Sep 19, 2025
N/A
#13-0.58%
Jan 16, 2026 - Jan 21, 2026
N/A
#14-0.57%
Jan 22, 2026 - Jan 27, 2026
N/A
#15-0.57%
Jan 6, 2026 - Jan 9, 2026
N/A

Correlation

Correlation between HECA and UTEN is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85
-101

Dividend Comparison (2022 - 2026)

HECA vs UTEN dividend yield comparison.

YearHECAUTEN
20260.00%2.39%
20252.02%4.11%
20240.00%4.13%
20230.00%3.62%
20220.00%1.39%

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