AdvisorShares Active Bear ETF (HDGE)
| Assets | $46.86M |
| Expense Ratio | 3.62% |
| PE Ratio | 11.83 |
| Forward PE | n/a |
| Shares Out | 3.17M |
| Dividend | $0.56 (3.74%) |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | 44.14% |
| Volume | 34,691 |
| Open | 15.02 |
| Previous Close | 15.08 |
| Day's Range | 14.96 - 15.09 |
| 52-Week Low | 13.77 |
| 52-Week High | 18.45 |
| Beta | -1.03 |
| Holdings | 56 |
| 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
193.20% of assets| Name | Symbol | Weight |
|---|---|---|
| Derivatives Collateral Cf Secured | n/a | 72.61% |
| Cash | n/a | 70.46% |
| Blackrock Federal Fd 30 Instl | n/a | 57.61% |
| Carter's, Inc. | CRI | -0.87% |
| TransMedics Group, Inc. | TMDX | -0.89% |
| American Homes 4 Rent | AMH | -1.01% |
| Ares Management Corporation | ARES | -1.02% |
| Tecnoglass Holdings Inc. | TGLS | -1.20% |
| T-Mobile US, Inc. | TMUS | -1.23% |
| Prudential plc | PUK | -1.25% |
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 -4.22% in the past year, including dividends. Since the fund's inception, the average annual return has been -15.32%.
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...
4 Reasons Why Inverse ETFs Are Broken & Here's A Better Solution
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.
The Best Inverse ETFs of the 2020 Bear Market
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...