Hedgeye Asset Management Marks One Year for HECA and HGRO ETFs
Hedgeye Asset Management announced the one-year anniversary for its two exchange-traded funds, HECA and HGRO. HECA now surpasses $300 million in assets, and HGRO exceeds $125 million.

Hedgeye Asset Management is marking the one-year anniversary of two actively managed exchange-traded funds (ETFs), the Hedgeye Capital Allocation ETF (HECA) and the Hedgeye Quality Growth ETF (HGRO). The firm also announced that both ETFs are now available on the LPL Financial platform.
HECA has surpassed $300 million in assets under management, and HGRO has exceeded $125 million in assets under management within their first year following their 2025 launch. Both funds aim to provide investors access to Hedgeye Risk Management's research-driven, risk-managed investment process within ETF structures.
The addition of HECA and HGRO to the LPL Financial platform expands their accessibility for financial advisors and their clients. "One year in, HECA and HGRO are doing exactly what we built them to do: bring Hedgeye Asset Management's disciplined, forward-looking investment process to a broader universe of investors," stated John McNamara, Chief Investment Officer at Hedgeye Asset Management.
HECA is an actively managed capital allocation strategy investing across asset classes, sectors, and geographies. HGRO is an actively managed equity strategy focused on identifying quality growth companies. The firm also recently added the Hedgeye Index Adds ETF (ADDS) to its lineup.