ETF Evaluator: Tuttle Capital Heavy Ast Lw Obslsncs ETF () Follow This ETF

Tuttle Capital Heavy Ast Lw Obslsncs ETF Overview

Tuttle Capital Heavy Ast Lw Obslsncs ETF (HALX) is a passively managed U.S. Equity Large Blend exchange-traded fund (ETF). Tuttle Capital Management, LLC launched the ETF in 2026.

The investment seeks to provide investment results, before fees and expenses, that correspond generally to the total return performance of the Tuttle Capital Heavy Assets Low Obsolescence Index. Under normal circumstances, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of constituents included in the index. It seeks to achieve its investment objective by employing a replication strategy, under which it invests in substantially all of the securities comprising the index in approximately the same proportions as the index.

About Tuttle Capital Heavy Ast Lw Obslsncs ETF (HALX)

There are 1 members of the management team with an average tenure of 0.20 years: Matthew Tuttle (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: Tuttle CapitalHvyAsstsLowObslscnc TR USD index with a weighting of 100%. Tuttle Capital Heavy Ast Lw Obslsncs ETF has 40 securities in its portfolio. The top 10 holdings constitute 27.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Tuttle Capital Heavy Ast Lw Obslsncs ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Tuttle Capital Heavy Ast Lw Obslsncs ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 100.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Tuttle Capital Heavy Ast Lw Obslsncs ETF has 0.0% of the portfolio in cash.

Assets Under Management

The fund has $2 million in total assets, which is below the $13 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

HALX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Tuttle Capital Heavy Ast Lw Obslsncs ETF expense ratio is above average compared to funds in the Large Blend category. Tuttle Capital Heavy Ast Lw Obslsncs ETF has an expense ratio of 0.75%, which is 81% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Tuttle Capital Heavy Ast Lw Obslsncs ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 158% for the Large Blend category.

Recently, in the month of July 2026, Tuttle Capital Heavy Ast Lw Obslsncs ETF returned 1.1%, which earned it a grade of B, as the Large Blend category had an average return of -0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Tuttle Capital Heavy Ast Lw Obslsncs ETF has a trailing yield of 0.00%, which is below the 1.16% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about Tuttle Capital Heavy Ast Lw Obslsncs ETF, including its riskiness, submit your email to unlock the rest of the article.