AdvisorShares Active Bear ETF (HDGE)
| Assets | $41.87M |
| Expense Ratio | 3.62% |
| PE Ratio | 11.83 |
| Forward PE | n/a |
| Shares Out | 2.86M |
| Dividend | $0.56 (3.89%) |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | 45.04% |
| Volume | 2,537 |
| Open | 14.40 |
| Previous Close | 14.29 |
| Day's Range | 14.37 - 14.41 |
| 52-Week Low | 13.77 |
| 52-Week High | 18.45 |
| Beta | -1.04 |
| Holdings | 48 |
| Inception Date | Jan 26, 2011 |
About HDGE
Fund Home PageThe AdvisorShares Active Bear ETF (HDGE) is an exchange-traded fund that mostly invests in stocks across the whole market. The fund is actively-managed fund that attempts to achieve positive returns by shorting US-listed companies believed to have low earnings quality or use aggressive accounting policies. HDGE was launched on Jan 26, 2011 and is issued by AdvisorShares.
Top 10 Holdings
187.28% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash | n/a | 148.65% |
| Fidelity Instl Govt 657 C | n/a | 46.85% |
| Blackrock Federal Fd 30 Instl | n/a | 0.00% |
| Carter's, Inc. | CRI | -0.99% |
| The Goodyear Tire & Rubber Company | GT | -1.04% |
| Insulet Corporation | PODD | -1.04% |
| Comcast Corporation | CMCSA | -1.16% |
| Ares Management Corporation | ARES | -1.27% |
| HP Inc. | HPQ | -1.35% |
| Super Micro Computer, Inc. | SMCI | -1.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $0.560 | Dec 29, 2025 |
| Dec 23, 2024 | $1.280 | Dec 30, 2024 |
| Dec 26, 2023 | $1.83474 | Dec 29, 2023 |
| Dec 27, 2019 | $0.116 | Dec 31, 2019 |
Performance
HDGE had a total return of -13.58% in the past year, including dividends. Since the fund's inception, the average annual return has been -15.54%.
News
AdvisorShares Announces NAV Restatement for the Ranger Equity Bear ETF (HDGE) and AdvisorShares Dorsey Wright Short ETF (DWSH)
Restatement Reflects Correction of Trade Error BETHESDA, Md., July 8, 2026 /PRNewswire/ -- AdvisorShares announced that the previously disclosed net asset value (NAV) per share of the AdvisorShares Ra...
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The best inverse ETFs of the 2020 bear market were RWM, DOG, and HDGE.
A Conversation with a Short Seller
Short seller David Tice, new CIO of AdvisorShares Ranger Equity Bear ETF (HDGE), discusses short opportunities in a post-COVID world.
Long-short ETFs offer investors a 'smarter way to hedge,' fund manager says as demand rises
Exchange-traded funds that leverage short-selling strategies can help investors diversify their portfolios and hedge against unexpected declines, says Noah Hamman, CEO and founder of AdvisorShares.
Long-short ETFs see rising interest — AdvisorShares CEO breaks down the strategy
Noah Hamman, CEO and founder of AdvisorShares, explains how his firm's long-short exchange-traded funds can help investors diversify their portfolios and hedge against unexpected declines. With CNBC's...