What this ETF is trying to do

The TRADERSAI LARGE CAP EQUITY & CASH ETF (ticker: HFSP) is designed to invest in large-cap equities and cash. This means the fund looks at big, well-known companies while also keeping some money in cash.

What the numbers show

The current price of this ETF is $13.51. Based on an estimated price from roughly one year ago of $17.58, the share-price decline over the last year has been about 23.15%. For the year so far (year-to-date), the price return is -11.32%.

To help visualize this, if you had invested $10,000 into this ETF one year ago, your investment would be worth approximately $7,685 today based on the share-price movement alone.

In this case, the "total return" figures match the "price return" figures. This is because there were no distributions added to the returns during these time periods.

Income and distribution explanation

This ETF currently has a distribution yield of 0.00%. The data shows that there have been no payouts detected in the last 12 months. For investors who look for regular cash payments from their investments, this specific ETF does not provide them based on the current facts.

NAV erosion explanation

StockValueFinder uses an "erosion-risk score" to measure how much the value of the assets inside the fund might be decreasing over time. This ETF has an erosion score of 55, which is labeled as "moderate price erosion."

NAV erosion is a term used to describe when the underlying value of an ETF's holdings goes down. While a falling share price does not always mean the NAV (Net Asset Value) is declining, this score helps investors see that there has been some measurable price deterioration in the fund's history. There is no "severe erosion-risk flag" for this fund at this time.

Pros

• The fund has a very simple structure with only one holding listed in the data.

• The performance data clearly shows both price returns and total returns.

Cons

• The ETF has experienced a significant share-price decline of over 23% in the last year.

• There are currently no distributions or yields provided for investors seeking income.

Beginner takeaway

When looking at an ETF like HFSP, it is important to see both the price return and the total return. Because this fund does not pay out distributions, the total return is simply the change in the share price. Investors should notice that while the fund has a "moderate" erosion-risk score, the actual share price has dropped significantly over the past 12 months.

Portfolio Exposure (Top Holdings):

• FIRST AMERICAN GOVERNMENT OBLIGS X: 0.06%

*Holdings were last updated on October 7, 2026.*