AdvisorShares Ranger Equity Bear ETF (HDGE)

NYSEARCA: HDGE · Real-Time Price · USD
17.12
-0.19 (-1.07%)
Apr 14, 2026, 10:52 AM EDT - Market open
Assets$79.52M
Expense Ratio3.62%
PE Ratio11.83
Shares Out4.50M
Dividend (ttm)$0.56
Dividend Yield3.24%
Ex-Dividend DateDec 22, 2025
Payout FrequencyAnnual
Payout Ratio37.83%
Volume138,403
Open17.25
Previous Close17.30
Day's Range17.07 - 17.25
52-Week Low15.62
52-Week High19.68
Beta-1.04
Holdings49
Inception DateJan 26, 2011

About HDGE

Fund Home Page

The AdvisorShares Ranger Equity Bear ETF (HDGE) is an exchange-traded fund that mostly invests in total market equity. 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.

Asset Class Equity
Category Trading--Inverse Equity
Region North America
Stock Exchange NYSEARCA
Ticker Symbol HDGE
ETF Provider AdvisorShares

Top 10 Holdings

182.84% of assets
NameSymbolWeight
Cashn/a81.93%
Fidelity Instl Govt 657 Cn/a63.06%
Derivatives Collateral Cf Securedn/a42.52%
Blackrock Federal Fd 30 Instln/a2.57%
Maplebear Inc.CART-0.99%
Verisk Analytics, Inc.VRSK-1.04%
Procore Technologies, Inc.PCOR-1.23%
Dynatrace, Inc.DT-1.25%
Dropbox, Inc.DBX-1.37%
The Cigna GroupCI-1.37%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 22, 2025$0.560Dec 29, 2025
Dec 23, 2024$1.280Dec 30, 2024
Dec 26, 2023$1.83474Dec 29, 2023
Dec 27, 2019$0.116Dec 31, 2019
Full Dividend History

Performance

HDGE had a total return of -6.72% in the past year, including dividends. Since the fund's inception, the average annual return has been -15.01%.

News

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There is a big problem on Wall Street that almost no one is talking about - Inverse products simply do not work as well as actively managed products.

5 years ago - Forbes

The Best Inverse ETFs of the 2020 Bear Market

The best inverse ETFs of the 2020 bear market were RWM, DOG, and HDGE.

Other symbols: DOGRWM
6 years ago - Investopedia

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.

6 years ago - Kiplinger

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.

Other symbols: DWSH
6 years ago - CNBC

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...

Other symbols: DWSH
6 years ago - CNBC Television