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
US00768Y8839
00768Y883
Jan 26, 2011
North America (U.S.)
1x
No Index (Active)
Multi-Cap
Blend
Expense Ratio
HDGE 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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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 -7.46% year-to-date (YTD) and -9.40% in the last 12 months. Over the past 10 years, AdvisorShares Ranger Equity Bear ETF had an annualized return of -16.26%, while the S&P 500 had an annualized return of 10.96%, indicating that AdvisorShares Ranger Equity Bear ETF did not perform as well as the benchmark.
HDGE
-7.46%
0.27%
-16.45%
-9.40%
-18.62%
-16.26%
^GSPC (Benchmark)
23.00%
-0.84%
7.20%
24.88%
12.77%
10.96%
Monthly Returns
The table below presents the monthly returns of HDGE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 6.68% | -2.89% | -1.26% | 8.98% | -3.23% | -0.29% | -9.56% | 2.09% | -1.73% | 0.37% | -10.12% | -7.46% | |
| 2023 | -16.17% | 0.37% | 5.13% | 1.69% | -1.66% | -11.09% | -10.17% | 6.25% | 8.57% | 9.47% | -7.95% | -11.09% | -26.98% |
| 2022 | 3.08% | -2.28% | -1.57% | 13.50% | 3.89% | 11.17% | -10.48% | -1.57% | 7.19% | -6.18% | -4.19% | 5.66% | 16.59% |
| 2021 | -9.90% | -4.91% | -2.48% | -4.44% | -0.41% | -4.61% | 5.31% | 2.23% | 3.92% | -2.26% | 0.99% | -2.84% | -18.61% |
| 2020 | 1.12% | 4.61% | 22.05% | -15.75% | -10.63% | -6.91% | -2.68% | -7.84% | 3.22% | -1.11% | -25.45% | -8.46% | -43.47% |
| 2019 | -11.63% | -7.65% | -0.51% | -6.06% | 8.09% | -8.20% | 0.63% | 8.95% | -5.93% | -3.50% | -9.53% | -6.49% | -36.28% |
| 2018 | -2.81% | 7.09% | 1.23% | 1.45% | -2.86% | -4.18% | -3.21% | -2.65% | 0.14% | 8.42% | -3.38% | 9.34% | 7.53% |
| 2017 | -2.22% | -1.51% | -1.22% | -0.68% | 2.40% | -4.36% | -0.82% | 2.00% | -2.89% | 0.00% | -4.88% | -2.00% | -15.24% |
| 2016 | 11.06% | -1.92% | -9.13% | -3.29% | 1.26% | 1.68% | -7.12% | -3.45% | 1.16% | 2.49% | -4.87% | -1.39% | -14.03% |
| 2015 | 4.20% | -8.14% | 1.28% | -0.90% | -1.64% | 0.93% | -0.09% | 3.58% | 1.33% | -7.96% | -0.57% | 2.87% | -5.86% |
| 2014 | 4.47% | -5.03% | 0.55% | 1.49% | -3.87% | -5.15% | 2.95% | -6.15% | 4.63% | -2.02% | -2.51% | 0.46% | -10.42% |
| 2013 | -5.02% | 2.18% | 0.73% | -4.53% | -5.21% | -0.31% | -5.70% | 0.46% | -6.21% | -2.79% | -3.73% | -4.99% | -30.31% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HDGE is 7, meaning it’s performing worse than 93% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 provided a 10.35% dividend yield over the last twelve months, with an annual payout of $1.84 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $1.84 | $1.84 | $0.00 | $0.00 | $0.00 | $0.12 |
Dividend yield | 10.35% | 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $1.84 | $1.84 |
| 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 | $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 | $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 | $0.00 |
| 2019 | $0.12 | $0.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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 93.86%, occurring on Nov 25, 2024. The portfolio has not yet recovered.
The current AdvisorShares Ranger Equity Bear ETF drawdown is 93.49%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -93.86% | Oct 4, 2011 | 3308 | Nov 25, 2024 | — | — | — |
| -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 4.66%, 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.