HDGE vs. O
Compare and contrast key facts about AdvisorShares Ranger Equity Bear ETF (HDGE) and Realty Income Corporation (O).
HDGE is an actively managed fund by AdvisorShares. It was launched on Jan 26, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HDGE or O.
Key characteristics
| HDGE | O | |
|---|---|---|
| YTD Return | -9.34% | 3.81% |
| 1Y Return | -20.47% | 15.38% |
| 3Y Return (Ann) | -7.21% | -2.09% |
| 5Y Return (Ann) | -20.22% | -0.78% |
| 10Y Return (Ann) | -16.49% | 7.32% |
| Sharpe Ratio | -1.15 | 1.13 |
| Sortino Ratio | -1.60 | 1.68 |
| Omega Ratio | 0.82 | 1.21 |
| Calmar Ratio | -0.26 | 0.80 |
| Martin Ratio | -2.42 | 2.98 |
| Ulcer Index | 10.06% | 6.89% |
| Daily Std Dev | 21.30% | 18.15% |
| Max Drawdown | -93.70% | -48.45% |
| Current Drawdown | -93.63% | -14.24% |
Correlation
The correlation between HDGE and O is -0.34. 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. O - Performance Comparison
In the year-to-date period, HDGE achieves a -9.34% return, which is significantly lower than O's 3.81% return. Over the past 10 years, HDGE has underperformed O with an annualized return of -16.49%, while O has yielded a comparatively higher 7.32% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
HDGE vs. O - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Ranger Equity Bear ETF (HDGE) and Realty Income Corporation (O). 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. O - Dividend Comparison
HDGE's dividend yield for the trailing twelve months is around 10.56%, more than O's 5.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDGE AdvisorShares Ranger Equity Bear ETF | 10.56% | 9.58% | 0.00% | 0.00% | 0.00% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
O Realty Income Corporation | 5.48% | 5.33% | 4.68% | 3.87% | 4.50% | 3.69% | 4.18% | 4.45% | 4.18% | 4.41% | 4.59% | 5.83% |
Drawdowns
HDGE vs. O - Drawdown Comparison
The maximum HDGE drawdown since its inception was -93.70%, which is greater than O's maximum drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for HDGE and O. For additional features, visit the drawdowns tool.
Volatility
HDGE vs. O - Volatility Comparison
AdvisorShares Ranger Equity Bear ETF (HDGE) and Realty Income Corporation (O) have volatilities of 6.11% and 6.21%, 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.