HDGE vs. IVV
Compare and contrast key facts about AdvisorShares Ranger Equity Bear ETF (HDGE) and iShares Core S&P 500 ETF (IVV).
HDGE and IVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HDGE is an actively managed fund by AdvisorShares. It was launched on Jan 26, 2011. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HDGE or IVV.
Correlation
The correlation between HDGE and IVV is -0.78. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
HDGE vs. IVV - Performance Comparison
Key characteristics
HDGE:
-0.94
IVV:
2.21
HDGE:
-1.31
IVV:
2.92
HDGE:
0.86
IVV:
1.41
HDGE:
-0.19
IVV:
3.35
HDGE:
-1.64
IVV:
14.00
HDGE:
11.14%
IVV:
2.01%
HDGE:
19.40%
IVV:
12.79%
HDGE:
-93.86%
IVV:
-55.25%
HDGE:
-93.78%
IVV:
-1.39%
Returns By Period
In the year-to-date period, HDGE achieves a -3.79% return, which is significantly lower than IVV's 1.97% return. Over the past 10 years, HDGE has underperformed IVV with an annualized return of -16.82%, while IVV has yielded a comparatively higher 13.35% annualized return.
HDGE
-3.79%
-3.38%
-11.87%
-17.32%
-18.54%
-16.82%
IVV
1.97%
1.17%
8.43%
25.54%
14.34%
13.35%
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HDGE vs. IVV - Expense Ratio Comparison
HDGE has a 3.36% expense ratio, which is higher than IVV's 0.03% expense ratio.
Risk-Adjusted Performance
HDGE vs. IVV — Risk-Adjusted Performance Rank
HDGE
IVV
HDGE vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Ranger Equity Bear ETF (HDGE) and iShares Core S&P 500 ETF (IVV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
HDGE vs. IVV - Dividend Comparison
HDGE's dividend yield for the trailing twelve months is around 8.14%, more than IVV's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDGE AdvisorShares Ranger Equity Bear ETF | 8.14% | 7.83% | 9.58% | 0.00% | 0.00% | 0.00% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IVV iShares Core S&P 500 ETF | 1.27% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
Drawdowns
HDGE vs. IVV - Drawdown Comparison
The maximum HDGE drawdown since its inception was -93.86%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for HDGE and IVV. For additional features, visit the drawdowns tool.
Volatility
HDGE vs. IVV - Volatility Comparison
AdvisorShares Ranger Equity Bear ETF (HDGE) and iShares Core S&P 500 ETF (IVV) have volatilities of 4.87% and 5.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.