DGA Core Plus Absolute Return ETF (HF) Performance
HF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +7.3% since Dec 31, 2025
- 1 year
- +7.4% total return
- 3 years
- +10.1% a year
- Since first price
- +8.5% a year since 2023
HF trailing returns vs AGG, TLT, SPY
| Period | HF total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.4% | +0.4% | +0.9% | +1.5% | −1.0% |
| 3 months | +2.0% | +2.0% | −0.4% | −1.0% | +3.2% |
| 6 months | +4.9% | +4.9% | −1.5% | −3.8% | +7.8% |
| YTD | +7.3% | +7.3% | −1.0% | −3.4% | +12.3% |
| 1 year | +7.4% | +6.4% | −1.1% | −6.9% | +14.4% |
| 3 years | +33.4%+10.1%/yr | +16.0% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionAug 3, 2023 | +30.0%+8.5%/yr | +13.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: HF vs AGG
From Aug 3, 2023: HF grew to $13,000, AGG to $11,290.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
HF returns by calendar year
2 of 2 full years positive. Best 2024 (+9.5%), worst 2025 (+4.4%). 2026 is year to date.
HF annual returns table
| Year | HF | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +7.3% | −3.1% | −1.0% | −3.4% | +12.3% |
| 2025 | +4.4% | −3.4% | +7.2% | +4.3% | +17.7% |
| 2024 | +9.5% | −3.9% | +1.3% | −8.1% | +24.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
HF largest drawdowns
Now 1.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 14, 2024 | −5.9% | Mar 13, 2025 | Oct 3, 2025 | 5 months | 12 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
HF risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +9.9% | +9.0% |
| Volatility (annualized) | 6.0% | 6.1% |
| Sharpe ratio | 0.89 | 0.73 |
| Sortino ratio | 1.77 | 1.37 |
| Best month | +5.6% | +5.6% |
| Worst month | −2.4% | −2.4% |
| Best 12 months | +22.4% | +22.4% |
| Worst 12 months | −0.6% | −0.6% |
| Positive months | 75% | 73% |
| Beta vs S&P 500 | 0.35 | — |
| Correlation with S&P 500 | 0.72 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
HF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 27 | −0.6% | +6.9% | +22.4% | 93% |
| 3-year (a year) | 3 | +9.6% | +9.8% | +9.9% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
HF performance overview
DGA Core Plus Absolute Return ETF (HF) returned +7.4% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +8.5% a year, turning $10,000 into about $13,000. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −5.9%, from Oct 14, 2024 to Mar 13, 2025, and it took 7 months to get back to the old high. Volatility has been 6.1% a year.
Related: HF chart, HF holdings, HF dividends, HF bond profile. See the HF overview for the latest quote and fund facts.
HF performance FAQ
What is the HF return over the past year?
HF returned +7.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 6.4%.
How much would $10,000 invested in HF be worth?
$10,000 invested in HF at its first recorded close on August 3, 2023 would be worth about $13,000 on October 23, 2026 with distributions reinvested.
What was the worst year for HF?
The worst calendar year was 2025, with a total return of +4.4%. The best was 2024 at +9.5%.
What is the biggest drawdown of HF?
The largest peak-to-trough decline was −5.9% between October 14, 2024 and March 13, 2025. It recovered to the old high on October 3, 2025, 7 months after the bottom.
How volatile is HF?
Over the past 3 years HF had an annualized volatility of 6.0% and a Sharpe ratio of 0.89 (excess return over 1–3 month T-bills per unit of risk).