ADDS - ETF AI Analysis
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Hedgeye Index Adds ETF (ADDS)
ADDS, the Hedgeye Index Adds ETF, has a solid but not outstanding overall rating, driven mainly by strong contributors like ATI and TechnipFMC, which show robust financial performance, positive earnings sentiment, and supportive technical trends that help lift the fund’s quality. However, weaker names such as Upstart Holdings and Zillow Group, which face profitability challenges, bearish momentum, and valuation concerns, weigh on the rating. A key risk factor is the fund’s concentration in a handful of mid-sized positions, meaning issues in just a few holdings can have an outsized impact on the ETF’s results.
ADDS vs. SPDR S&P 500 ETF (SPY)
- AUM
- 7.06M
- Region
- North America
- Expense Ratio
- 0.70%
- Beta
- 1.26
- Issuer
- Hedgeye
- Inception Date
- May 27, 2026
- Dividend Yield
- N/A
- Asset Class
- Equity
- Index Tracked
- No Underlying Index
ADDS Summary
The Hedgeye Index Adds ETF (ticker: ADDS) is an actively managed fund that tries to profit when companies are added to major U.S. stock indexes, like the S&P and Russell families. Instead of following a traditional index, it picks a small group of U.S. stocks that its models believe are likely to be added soon. The fund holds companies such as Okta and Cheniere Energy and invests across many sectors, including technology, health care, and energy. Someone might invest for potential growth and diversification beyond standard index funds. A key risk is that its focused, active strategy can be more volatile and may go up and down sharply with market events.
How much will it cost me?
This ETF has an expense ratio of 0.70%, which means you’ll pay about $7 per year for every $1,000 you invest. That’s higher than the average stock ETF because ADDS is actively managed and uses a specialized strategy to try to beat the market, which typically costs more than simple index-tracking funds.
What would affect this ETF?
This ETF could benefit if U.S. stock markets stay healthy, index providers keep adding fast-growing industrial and technology companies, and investor interest in event-driven strategies remains strong, which would support gains in names like Twilio, nVent Electric, and other concentrated holdings. On the other hand, a weaker U.S. economy, tighter financial conditions, or changes in index rules could reduce index additions or hurt industrial, energy, and tech stocks, while the fund’s narrow, active approach and heavy exposure to a few positions may increase the impact of company-specific setbacks.
ADDS Top 10 Holdings
This ETF is leaning hard into U.S. mid-cap growth stories, with identity-security player Okta and industrial name nVent Electric doing much of the heavy lifting as their shares keep rising. ATI and TechnipFMC add steady support from the industrial and energy corners, helping balance the ride. On the flip side, Upstart and Zillow are clearly dragging the fund, with both names losing steam amid weaker sentiment in fintech and housing. Overall, the portfolio is concentrated in U.S. tech, industrials, and health care, making it a focused bet on future index additions rather than broad market comfort.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 OKTA | Okta | 10.24% | $722.87K | $36.40B | 136.88% | 75Outperform |
 MDLN | Medline | 8.55% | $603.97K | $42.23B | -21.66% | ―― |
 ATI | ATI | 8.75% | $618.19K | $22.49B | 63.66% | 78Outperform |
 NVT | nVent Electric | 7.51% | $530.46K | $20.39B | 20.73% | 76Outperform |
 LNG | Cheniere Energy | 5.38% | $380.03K | $67.45B | 56.16% | 71Outperform |
 FTI | TechnipFMC | 5.05% | $356.50K | $26.74B | 64.56% | 80Outperform |
 UPST | Upstart Holdings | 4.93% | $348.42K | $2.24B | -48.80% | 55Neutral |
 ROIV | Roivant Sciences | 5.00% | $353.21K | $26.66B | 88.51% | 58Neutral |
 Z | Zillow Group Class C | 4.71% | $332.88K | $7.00B | -56.83% | 58Neutral |
 ALAB | Astera Labs, Inc. | 4.13% | $291.45K | $44.88B | 52.58% | 68Neutral |
ADDS Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ADDS, the sentiment is Neutral. The current price of 25.39 is below the 20-day moving average (MA) of 25.76, above the 50-day MA of 25.22, and compared to the 200-day MA of , indicating a neutral trend. The MACD of 0.07 indicates Positive momentum. The RSI at 48.77 is Neutral, neither overbought nor oversold. The STOCH value of 17.53 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ADDS.
ADDS Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| ADDS | $25.40 | $27.00(6.32% Upside) | $7.06M | 0.70% | 59Neutral |
 BAMD | $34.91 | $38.21(9.44% Upside) | $101.38M | 0.87% | 70Outperform |
 STNC | $37.32 | $42.62(14.20% Upside) | $93.14M | 0.85% | 68Neutral |
 SOVF | $31.63 | $37.40(18.24% Upside) | $90.20M | 0.75% | 70Neutral |
 PFOE | $21.63 | $29.13(34.68% Upside) | $88.71M | 0.59% | 75Outperform |
 VAMO | $36.31 | $42.55(17.18% Upside) | $87.92M | 0.65% | 63Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| ADDS | Hedgeye Index Adds ETF | 25.39 | 0.30 | 1.18% | |
| BAMD | Brookstone Dividend Stock ETF | 34.91 | 6.32 | 22.10% | |
| STNC | Stance Equity ESG Large Cap Core ETF | 37.32 | 5.00 | 15.49% | |
| SOVF | Sovereign's Capital Flourish Fund | 31.63 | 3.21 | 11.29% | |
| PFOE | Pathfinder Focused Opportunities ETF | 21.63 | -3.23 | -13.00% | |
| VAMO | Cambria Value & Momentum ETF | 36.31 | 3.71 | 11.37% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.