HDGE

AdvisorShares Ranger Equity Bear ETF
*Unless otherwise stated, data provided by FactSet.

HDGE Fund Description

HDGE is actively-managed fund that attempts to achieve positive returns by shorting US-listed companies believed to have low earnings quality or use aggressive accounting policies.

HDGE Factset Analytics Insight

HDGE uses a combination of quantitative and fundamental factors to build a portfolio of short interests in large- and midcap US-listed securities. This actively-managed fund uses a bottom-up approach as it aims to pick firms with low earnings quality or aggressive accounting practices, and thereby profit when the market prices adjust to the reality of these distortions. However, it should be noted that a long bull market is a tough climate for short-only strategy, and returns may show it. The fund’s strategy also involves frequent buying and selling of securities, which may result to a high portfolio turnover and consequently, may create a drag on returns. Overall, HDGE still enjoys a solid asset base and can be used as an alternative for 'vanilla' inverse equity funds.

PERFORMANCE [as of 08/17/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HDGE -- -- -- -- -- -- --
HDGE (NAV) -15.45% -13.75% 3.60% 0.83% -28.86% -21.82% -19.11%
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HDGE Summary Data

AdvisorShares
01/26/11
Open-Ended Fund
5.20%
$122.83M
0.16%

HDGE Portfolio Data

0.38%
N/A

HDGE Index Data

No Underlying Index
Proprietary
Proprietary
N/A

HDGE Fund Structure

Yes
No
-- / --
N/A
N/A
Low
Variable
None

HDGE Tax Exposures

20.00% / 39.60%
--
No

HDGE Factset Analytics Block Liquidity

As of 08/18/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of HDGE. HDGE is rated a N/A out of 5.

HDGE Tradability

179,294
$5.21M
178,290
$4.80M
0.16%
$0.04
0.03%
3.26% / -0.74%
None
100.00%
25,000
7.13
0.08%
--
1,315
$25.58
N/A