AdvisorShares Ranger Equity Bear ETF

Frequently Asked Questions About HDGE

What does HDGE invest in?

To fulfill its investment mandate, the Sub-Advisor systematically takes short positions in a carefully selected portfolio. This portfolio primarily consists of highly liquid U.S. exchange-traded instruments, encompassing mid- and large-capitalization equity securities, ETFs, ETNs, and other similar products. A significant portion—at least 80%—of the fund's net assets, along with any capital leveraged for investment purposes, is dedicated to these short equity exposures. The Sub-Advisor employs a rigorous, bottom-up, fundamental research-driven methodology when selecting individual securities.

What is the expense ratio of HDGE?

AdvisorShares Ranger Equity Bear ETF (HDGE) charges an expense ratio of 3.62%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HDGE?

AdvisorShares Ranger Equity Bear ETF (HDGE) manages $64.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is HDGE actively managed or an index fund?

HDGE's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was HDGE launched?

AdvisorShares Ranger Equity Bear ETF (HDGE) launched in January 2011 and is managed by AdvisorShares.

How has HDGE performed?

HDGE's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.