AdvisorShares Ranger Equity Bear ETF
HDGE NYSE Arca
The investment objective of the AdvisorShares Ranger Equity Bear ETF is capital appreciation through short sales of domestically traded equity securities. In selecting short positions, the Fund seeks to identify securities with low earnings quality or aggressive accounting which may be intended on...
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- Fund size
- 137M as of Feb 2020
- Expense ratio
- 3.12% per year
- Dividend yield
- 0.00% Yearly
- Volatility · 1Y
- 19.5% Above Average
- Beta
- -0.81 vs the market
- 52-week range
- 13.9618.44
How HDGE has paid off
Price return over every period, and total return with dividends reinvested, set against price alone.
Return by period
Price · to Oct 30Total return vs price return
Price onlyOver 1 year, HDGE returned −9.2% with dividends reinvested — dividends added 0.0 pts to the price move.
How bumpy is the ride?
Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.
Volatility
Annualized · 1YA typical year sees the price swing about ±20% around its trend.
Drawdown from peak
How far below its previous high the price has been Deepest fall −24.3% on Aug 28, 2026 — 154 days after the previous high
More than 5% below a high 73% of the time.
Market sensitivity
BetaA beta of -0.81 means HDGE has moved less than the market.
Trend & momentum
Where the price sits against its moving averages, and how stretched the recent move is.
Price vs moving averages
Downtrend- 12-day average14.96 −1.8%
- 26-day average15.04 −2.3%
- 50-day average15.06 −2.4%
- 200-day average15.74 −6.6%
The price is above 0 of 4 averages. The 50-day average is below the 200-day, a sign of a falling longer-term trend.
Relative strength (RSI)
NeutralRSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.
Technical indicators describe past prices. They are not a forecast.
Inside the fund
Smart Betas · Short Selling — tracking the Not Applicable.
- Assets under management137MUSD
- Expense ratio3.12%per year
- Holdings80
- Risk score6.1Medium
Launched January 2011. Listed options available. Fund data as of Feb 27, 2020.
Where HDGE shows up
Curated themes and indices that hold HDGE. Open one to see it in context, or test the whole theme in a portfolio.
About AdvisorShares Ranger Equity Bear ETF
The investment objective of the AdvisorShares Ranger Equity Bear ETF is capital appreciation through short sales of domestically traded equity securities. In selecting short positions, the Fund seeks to identify securities with low earnings quality or aggressive accounting which may be intended on the part of company management to mask operational deterioration and bolster the reported earnings per share over a short time period. In addition, the Portfolio Manager seeks to identify earnings driven events that may act as a catalyst to the price decline of a security, such as downwards earnings revisions or reduced forward guidance
- Featured in 1 curated theme
- 80 holdings
- Ticker
- HDGE
- Exchange
- NYSE Arca
- ISIN
- US00768Y4127
- CUSIP
- 00768Y412
- Currency
- U.S. Dollar (USD)
- Country
- USA
- Sector
- Smart Betas
- Industry
- Short Selling
- Benchmark
- Not Applicable
All key statistics
Details
Shareas of Oct 30, 2026
Dataas of Feb 27, 2020
Put HDGE to the test
See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.
Data for information only, not investment advice. Past performance does not guarantee future results.