AdvisorShares Ranger Equity Bear ETF (HDGE)
HDGE is an actively managed ETF by AdvisorShares. HDGE launched on Jan 26, 2011 and has a 3.36% expense ratio.
ETF Info
| ISIN | US00768Y8839 |
|---|---|
| CUSIP | 00768Y883 |
| Issuer | AdvisorShares |
| Inception Date | Jan 26, 2011 |
| Region | North America (U.S.) |
| Category | Inverse Equities, Actively Managed |
| Index Tracked | No Index (Active) |
| Home Page | advisorshares.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
The AdvisorShares Ranger Equity Bear ETF has a high expense ratio of 3.36%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: HDGE vs. IWM, HDGE vs. JEPI, HDGE vs. QQQM, HDGE vs. IVV, HDGE vs. DX, HDGE vs. O, HDGE vs. PDI, HDGE vs. SLG, HDGE vs. SHY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AdvisorShares Ranger Equity Bear ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
AdvisorShares Ranger Equity Bear ETF had a return of 10.18% year-to-date (YTD) and -10.67% in the last 12 months. Over the past 10 years, AdvisorShares Ranger Equity Bear ETF had an annualized return of -15.95%, while the S&P 500 had an annualized return of 10.55%, indicating that AdvisorShares Ranger Equity Bear ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.18% | 6.30% |
| 1 month | 5.39% | -3.13% |
| 6 months | -8.33% | 19.37% |
| 1 year | -10.67% | 22.56% |
| 5 years (annualized) | -18.73% | 11.65% |
| 10 years (annualized) | -15.95% | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 6.68% | -2.89% | -1.26% | |||||||||
| 2023 | 8.57% | 9.47% | -7.95% | -11.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
AdvisorShares Ranger Equity Bear ETF(HDGE)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AdvisorShares Ranger Equity Bear ETF (HDGE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AdvisorShares Ranger Equity Bear ETF granted a 8.69% dividend yield in the last twelve months. The annual payout for that period amounted to $1.83 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $1.83 | $1.83 | $0.00 | $0.00 | $0.00 | $0.12 |
Dividend yield | 8.69% | 9.58% | 0.00% | 0.00% | 0.00% | 0.22% |
Monthly Dividends
The table displays the monthly dividend distributions for AdvisorShares Ranger Equity Bear ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.83 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the AdvisorShares Ranger Equity Bear ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the AdvisorShares Ranger Equity Bear ETF was 93.20%, occurring on Jul 31, 2023. The portfolio has not yet recovered.
The current AdvisorShares Ranger Equity Bear ETF drawdown is 92.25%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -93.2% | Oct 4, 2011 | 2974 | Jul 31, 2023 | — | — | — |
| -14.93% | Jan 31, 2011 | 72 | May 12, 2011 | 58 | Aug 4, 2011 | 130 |
| -9.43% | Aug 23, 2011 | 7 | Aug 31, 2011 | 15 | Sep 22, 2011 | 22 |
| -6.69% | Aug 11, 2011 | 3 | Aug 15, 2011 | 4 | Aug 19, 2011 | 7 |
| -6.11% | Sep 23, 2011 | 3 | Sep 27, 2011 | 4 | Oct 3, 2011 | 7 |
Volatility
Volatility Chart
The current AdvisorShares Ranger Equity Bear ETF volatility is 6.42%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.