HFND vs MSMR
Unlimited HFND Multi-Strategy Return Tracker ETF vs McElhenny Sheffield Managed Risk ETF
Which is better, HFND or MSMR?
Each has led over a different period.
MSMR has a lower expense ratio. HFND led over 1Y, MSMR over 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HFND | MSMR |
|---|---|---|
| Expense Ratio | 1.07% | 1.06%Best |
| AUM | $38M | $180M |
| Dividend Yield | 4.80% | 2.05% |
| Holdings | 47 | 6 |
| YTD Return | +4.88%Best | +0.63% |
| 1Y Return | +5.34%Best | +2.03% |
| 3Y Return (annualized) | +9.04% | +14.22%Best |
| 5Y Return (annualized) | - | +7.93% |
| Volatility (annualized) | 7.4%Best | 10.3% |
| Max Drawdown | -13.3% | -9.8%Best |
| $10,000 over 4 years | $13,113 | $16,830Best |
| Fund Family | Unlimited Funds | Aptus Capital Advisors |
| Category | Allocation/Balanced | Allocation/Balanced |
| Style | Allocation/Balanced | Allocation/Balanced |
| Inception | Oct 10, 2022 | Nov 16, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Oct 11, 2022 to Oct 14, 2026 (4 years).
HFND vs MSMR growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4 years both funds cover.
HFND vs MSMR Performance
Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) is an ETF from Unlimited Funds and McElhenny Sheffield Managed Risk ETF (MSMR) is an ETF from Aptus Capital Advisors. Over the past year HFND returned +5.34% while MSMR returned +2.03%. Year to date, HFND is up 4.88% versus a gain of 0.63% for MSMR.
Over three years, HFND compounded at +9.04% per year against +14.22% for MSMR. Across the full 4-year window we track, MSMR has the edge at +13.90% annualized vs +7.01%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MSMR has been the more volatile fund, with annualized monthly volatility of 10.3% compared with 7.4% for HFND. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.3% for HFND and -9.8% for MSMR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HFND charges 1.07% per year while MSMR charges 1.06%. On a $10,000 position that is $107 vs $106 annually, a gap of $1 per year that compounds over a long holding period. On income, HFND currently yields 4.80% against 2.05% for MSMR.
Holdings Overlap
We hold position weights for 23 holdings in HFND and 5 in MSMR, totalling 93.3% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 23 positions we hold weights for in HFND and 5 in MSMR, against full books of 47 and 6.
You are not choosing between two funds in isolation.
Whichever of HFND and MSMR you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HFND or MSMR?
HFND has an expense ratio of 1.07% while MSMR charges 1.06%. MSMR is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, HFND or MSMR?
Over the past year HFND returned +5.34% vs +2.03% for MSMR, so HFND leads on 1-year performance. Over the longest common window we track (4 years), HFND annualized +7.01% vs +13.90% for MSMR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HFND or MSMR?
MSMR has been the more volatile fund at 10.3% annualized versus 7.4% for HFND. Worst drawdown: HFND -13.3% vs MSMR -9.8%.
Should I hold both HFND and MSMR?
HFND and MSMR have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, HFND or MSMR?
HFND yields 4.80% while MSMR yields 2.05%, so HFND currently pays the higher dividend yield.
Is MSMR better than HFND?
MSMR has a lower expense ratio. HFND led over 1Y, MSMR over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.