AdvisorShares Ranger Equity Bear ETF (HDGE) Alternatives
AdvisorShares Ranger Equity Bear ETF (HDGE) belongs to the Inverse Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HDGE. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to HDGE
HDGE charges 3.36% annually. Among ETFs in the Inverse Equities category, these options have the lowest expense ratios among HDGE alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | Jun 8, 2016 | HDGE vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | Mar 6, 2024 | HDGE vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | Nov 14, 2017 | HDGE vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | Nov 5, 2021 | HDGE vs SARK | |
| ProShares Short S&P500 | 0.90% | Jun 19, 2006 | HDGE vs SH |
Best Risk-Adjusted Alternatives to HDGE
Among ETFs in the Inverse Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | 20 | Sep 17, 2024 | HDGE vs MSTZ | |
| ProShares Short Financials | 15 | Jun 12, 2008 | HDGE vs SEF | |
| Direxion Daily MSFT Bear 1X Shares | 12 | Sep 6, 2022 | HDGE vs MSFD | |
| ProShares Short FTSE China 50 | 10 | Mar 16, 2010 | HDGE vs YXI | |
| Direxion Daily META Bear 1X ETF | 9 | Jun 5, 2024 | HDGE vs METD |
Top Performing HDGE Alternatives (YTD)
HDGE alternatives from the Inverse Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| AXS TSLA Bear Daily ETF | 35.41% | Jul 13, 2022 | HDGE vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 35.06% | Aug 21, 2023 | HDGE vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 33.84% | Oct 18, 2023 | HDGE vs TSLZ | |
| MicroSectors Travel -3X Inverse Leveraged ETNs | 31.58% | Jun 22, 2022 | HDGE vs FLYD | |
| Direxion Daily MSFT Bear 1X Shares | 28.73% | Sep 6, 2022 | HDGE vs MSFD |
Lowest Volatility Alternatives to HDGE
HDGE alternatives from the Inverse Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Gotham Short Strategies ETF | 14.59% | Jul 31, 2017 | HDGE vs SHRT | |
| ProShares Short Dow30 | 16.82% | Jun 19, 2006 | HDGE vs DOG | |
| YieldMax Short N100 Option Income Strategy ETF | 17.29% | Aug 14, 2024 | HDGE vs YQQQ | |
| ProShares Short S&P500 | 18.17% | Jun 19, 2006 | HDGE vs SH | |
| ProShares Short MSCI EAFE | 18.50% | Oct 23, 2007 | HDGE vs EFZ |
Lowest Drawdown Alternatives to HDGE
HDGE alternatives from the Inverse Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Gotham Short Strategies ETF | -17.65% | Jul 31, 2017 | HDGE vs SHRT | |
| ProShares Short Financials | -20.21% | Jun 12, 2008 | HDGE vs SEF | |
| ProShares Short Dow30 | -22.70% | Jun 19, 2006 | HDGE vs DOG | |
| -1x Short VIX Mid-Term Futures Strategy ETF | -22.85% | Apr 17, 2023 | HDGE vs ZIVB | |
| YieldMax Short N100 Option Income Strategy ETF | -24.85% | Aug 14, 2024 | HDGE vs YQQQ |
Other ETFs from AdvisorShares
Most popular AdvisorShares ETFs on PortfoliosLab, across asset classes.
Often Compared With HDGE
What investors most often compare with HDGE, based on PortfoliosLab usage data.
Compare HDGE with Any Fund or Stock
Compare HDGE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.