Ranger Equity Bear Bear ETFRanger Equity Bear Bear ETFRanger Equity Bear Bear ETF

Ranger Equity Bear Bear ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪48.59 M‬USD
Fund flows (1Y)
‪−5.11 M‬USD
Dividend yield (indicated)
7.33%
Discount/Premium to NAV
−0.1%
Shares outstanding
‪2.83 M‬
Expense ratio
3.80%

About Ranger Equity Bear Bear ETF


Issuer
Wilson Lane Group LLC
Brand
AdvisorShares
Inception date
Jan 26, 2011
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
AdvisorShares Investments LLC
Distributor
Foreside Fund Services LLC
HDGE uses a combination of quantitative and fundamental factors to build a portfolio of short interests in large- and midcap US-listed securities. This actively-managed fund uses a bottom-up approach as it aims to pick firms with low earnings quality or aggressive accounting practices, and thereby profit when the market prices adjust to the reality of these distortions. However, it should be noted that a long bull market is a tough climate for short-only strategy, and returns may show it. The funds strategy also involves frequent buying and selling of securities, which may result to a high portfolio turnover and consequently, may create a drag on returns. Overall, HDGE still enjoys a solid asset base and can be used as an alternative for 'vanilla' inverse equity funds.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash198.04%
Miscellaneous−98.04%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to HDGE via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HDGE trades at 17.50 USD today, its price has risen 1.69% in the past 24 hours. Track more dynamics on HDGE price chart.
HDGE net asset value is 17.52 today — it's fallen 0.01% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HDGE assets under management is ‪48.59 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HDGE price has risen by 0.29% over the last month, and its yearly performance shows a −15.17% decrease. See more dynamics on HDGE price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.01% over the last month, showed a −0.23% decrease in three-month performance and has decreased by −8.43% in a year.
HDGE fund flows account for ‪−5.11 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HDGE invests in cash. See more details in our Analysis section.
HDGE expense ratio is 3.80%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
HDGE is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HDGE technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HDGE shows the sell signal. See more of HDGE technicals for a more comprehensive analysis.
Yes, HDGE pays dividends to its holders with the dividend yield of 7.33%.
HDGE trades at a premium (0.14%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HDGE shares are issued by Wilson Lane Group LLC
HDGE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 26, 2011.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.