Fund Evaluator:
Mast HedgeIndex Managed Futs Strat ETF (HXF)
Follow This Fund
Alternative Strategies
Global Asset Class
Alternative
Fund Group
Systematic Trend
Category
$0.000
NAV (as of )
$100,000.00
Minimum Initial
1.30% F
Expense Ratio
$62 Mil
Assets
Open
Status
na
12b-1 Fee
2.94%
TTM Yield
0.00%
Max Load
0%
Portfolio Turnover
Best Performing in Systematic Trend Over the Last Year
| 29.7% | AQR Managed Futures Strategy HV N (QMHNX) |
| 26.8% | American Beacon AHL Mgd Futs Strat Inv (AHLPX) |
| 22.6% | AQR Managed Futures Strategy N (AQMNX) |
| 20.5% | AMG Systematica Managed Futs Strat N (SMFNX) |
| 16.7% | Goldman Sachs Managed Futs Strat Inv (GFIRX) |
Data as of 8/31/2026
2.4% A
1-Mo Return
-0.1% D
3-Mo Return
5.0% F
YTD Return
12.5% D
1-Yr Return
-2.0% F
3-Yr Return
1.1% F
5-Yr Return
0.92 B
Category Risk Index
0.83
Total Risk Index
Fund Details
Fund Family
Mast Investments
Inception Date
9/28/2012
Share Class Type
Inst
Equity Investment Style
Large-Cap
Blend
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Bloomberg Global Aggregate TR USD: 100%
Additional Fund Details
Mast HedgeIndex Managed Futs Strat ETF Overview
HXF Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| HXF Return (NAV) | 2.4% | -0.1% | 12.5% | -2.0% | 1.1% | 0.6% |
| HXF Grade | A | D | D | F | F | F |
| +/- Category | -0.4% | -1.5% | -7.0% | -6.5% | -5.2% | -3.3% |
| Systematic Trend Avg | 2.8% | 1.4% | 19.5% | 4.5% | 6.2% | 3.9% |
| HXF Tax Cost Ratio | na | na | 1.2% | 1.0% | 2.3% | 1.3% |
HXF Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| HXF Return (NAV) | 5.0% | -5.2% | -5.6% | -6.2% | 21.4% | 7.5% | 1.9% | -4.4% | -4.0% | -1.5% | 3.8% |
| HXF Grade | F | F | F | F | C | D | B | C | F | C | A |
| +/- Category | -5.5% | -8.8% | -6.4% | -2.5% | -0.2% | 2.7% | -3.4% | -10.3% | 1.4% | -6.3% | 7.6% |
| Systematic Trend Avg | 10.4% | 3.6% | 0.8% | -3.6% | 21.6% | 4.7% | 5.3% | 5.9% | -5.4% | 4.8% | -3.8% |
| Risk Measures | |
| Standard Deviation: | 10.1% |
| Total Risk Index: | 0.83 - Below Average |
| Category Risk Index: | 0.92 - Below Average |
| Category Risk Grade: | B (38% Rank) |
| Beta: | 0.09 |
| R-Squared: | 1% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 2.9% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $62 Mil |
| Fund Total Assets: | $ 62 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 0% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 10.8 years | |||
| Average Tenure: 10.8 years | |||
| Managers (Year): Kung Yung-Shin (2015) | |||
Portfolio Composition (as of 9/30/24)
| # of Holdings: | 34 |
| % in Top 10 Holdings: | 47.0% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 24.2% |
Portfolio Allocation |
|
| Domestic Stock: | 4.9% |
| Foreign Stock: | 7.5% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 24.0% |
| Foreign Bond: | 16.7% |
| Convertible Bond: | 0.0% |
| Other: | 0.1% |
| Cash: | 46.8% |
Purchase Information
| Fund Family: | Mast Investments |
| Phone Number: | 833-829-0010 |
| Website: | www.fpafunds.com |
| Status: | Open |
| Inception Date: | September 28, 2012 |
| Min. Initial Purchase: | $100,000 |
| Min. Initial IRA Purchase: | $100,000 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 1.30% ( Rating : High ) |
| Category Average Expense Ratio (%): | 2.03% |
| Share Class: | Mast HedgeIndex Managed Futs Strat ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
Copyright 2026 American Association of Individual Investors and Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.