Hedgeye Quality Growth ETF (HGRO) Performance
HGRO total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +4.7% since Dec 31, 2025
- 1 year
- +8.2% total return
- Since first price
- +18.7% since 2025
HGRO trailing returns vs SPY, QQQ, AGG
| Period | HGRO total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.0% | −2.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.6% | −2.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.9% | +0.9% | +7.8% | +8.4% | −1.5% |
| YTD | +4.7% | +4.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +8.2% | +8.1% | +14.4% | +15.9% | −1.1% |
| Since inceptionJun 11, 2025 | +18.7% | +18.6% | — | — | — |
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: HGRO vs SPY
From Jun 11, 2025: HGRO grew to $11,867, SPY to $12,847.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
HGRO returns by calendar year
2026 is year to date.
HGRO annual returns table
| Year | HGRO | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +4.7% | −7.6% | +12.3% | +15.1% | −1.0% |
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.
HGRO risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +12.1% |
| Volatility (annualized) | 10.5% |
| Sharpe ratio | 0.79 |
| Sortino ratio | 1.36 |
| Best month | +7.1% |
| Worst month | −5.1% |
| Best 12 months | +19.9% |
| Worst 12 months | +10.0% |
| Positive months | 73% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
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.
HGRO rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 5 | +4.7% | +13.7% | +19.9% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
HGRO performance overview
Hedgeye Quality Growth ETF (HGRO) returned +8.2% over the past year, with distributions reinvested. Since its first recorded price on Jun 11, 2025 it has returned +18.7%. Over the same year S&P 500 (SPY) returned +14.4%.
Related: HGRO chart, HGRO holdings, HGRO dividends, HGRO valuation. See the HGRO overview for the latest quote and fund facts.
HGRO performance FAQ
What is the HGRO return over the past year?
HGRO returned +8.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 8.1%.
How much would $10,000 invested in HGRO be worth?
$10,000 invested in HGRO at its first recorded close on June 11, 2025 would be worth about $11,867 on October 23, 2026 with distributions reinvested.
How volatile is HGRO?
Over the past history HGRO had an annualized volatility of 10.5% and a Sharpe ratio of 0.79 (excess return over 1–3 month T-bills per unit of risk).