AdvisorShares Ranger Equity Bear ETF (HDGE)

NYSE Arca: HDGEExchange-traded fund from AdvisorShares.

  • Expense ratio3.42%
  • Net assets$57.5M
  • Dividend yield3.50%
  • 1-year return-5.79%
  • Holdings65

HDGE ETF price chart

HDGE quote & trading statistics

HDGE performance

Total return · as of October 17, 2026
  • YTD-5.72%
  • 1 year-5.79%
  • 3 years-8.85%/yr
  • 5 years-6.03%/yr
  • 10 years-15.54%/yr
1Y volatility
19.73%
3Y volatility
19.72%
3Y Sharpe ratio
-0.43

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

HDGE top 10 holdings

AdvisorShares Ranger Equity Bear ETF largest holdings by weight
#SymbolNameWeight
1NPANew Providence Acquisition Corp-0.69%
2CRICarter’s Inc-0.72%
3AMHAmerican Homes 4 Rent-0.74%
4GTGoodyear Tire & Rubber Co-0.74%
5FUNSix Flags Entertainment Corporation-0.76%
6ARESAres Management LP-0.79%
7TMDXTransMedics Group Inc-0.79%
8BLDRBuilders FirstSource Inc-0.89%
9TGLSTecnoglass Inc-0.98%
10SOFISoFi Technologies Inc.-1.00%

The top 10 holdings make up -8.1% of the fund (65 holdings in total). As of October 17, 2026.

HDGE asset allocation

Cash
91.3%
Bonds
8.7%

About AdvisorShares Ranger Equity Bear ETF

The Sub-Advisor seeks to achieve the fund's investment objective by short selling a portfolio of liquid mid- and large-cap U.S. exchange-traded equity securities, ETFs, ETNs and other exchange-traded products. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in short positions in equity securities. The Sub-Advisor implements a bottom-up, fundamental, research driven security selection process.

HDGE ETF FAQ

What is the HDGE expense ratio?

AdvisorShares Ranger Equity Bear ETF has a net expense ratio of 3.42%, or $342.00 a year for every $10,000 invested.

How much money is in HDGE?

AdvisorShares Ranger Equity Bear ETF has about $57.5M in net assets.

What are the top holdings of HDGE?

The largest positions in HDGE are New Providence Acquisition Corp (-0.69%), Carter’s Inc (-0.72%), American Homes 4 Rent (-0.74%). The fund holds 65 securities in total.

How has HDGE performed?

HDGE returned -5.79% over the past year and -6.03% a year over the past five years, including reinvested distributions.

Does HDGE pay dividends?

HDGE has a dividend yield of 3.50% and pays distributions na.

When was HDGE launched?

AdvisorShares Ranger Equity Bear ETF began trading on January 26, 2011.