AdvisorShares Ranger Equity Bear ETF (HDGE)

NYSEARCA: HDGE · Real-Time Price · USD
15.13
+0.06 (0.40%)
Jul 31, 2026, 4:00 PM EDT - Market closed
Assets$59.79M
Expense Ratio3.62%
PE Ratio11.83
Shares Out3.74M
Dividend (ttm)$0.56
Dividend Yield3.70%
Ex-Dividend DateDec 22, 2025
Payout FrequencyAnnual
Payout Ratio43.79%
Volume13,348
Open15.14
Previous Close15.07
Day's Range15.12 - 15.30
52-Week Low14.56
52-Week High18.45
Beta-1.00
Holdings61
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

202.44% of assets
NameSymbolWeight
Cashn/a83.28%
Fidelity Instl Govt 657 Cn/a65.48%
Derivatives Collateral Cf Securedn/a58.54%
Blackrock Federal Fd 30 Instln/a2.59%
AppLovin CorporationAPP-1.06%
Procore Technologies, Inc.PCOR-1.24%
Builders FirstSource, Inc.BLDR-1.25%
On Holding AGONON-1.28%
Synchrony FinancialSYF-1.30%
DoorDash, Inc.DASH-1.32%
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 -7.81% in the past year, including dividends. Since the fund's inception, the average annual return has been -15.48%.

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...

Other symbols: DWSH
24 days ago - PRNewsWire

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.

6 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