AdvisorShares Ranger Equity Bear ETF (HDGE)
| Assets | $59.94M |
| Expense Ratio | 3.62% |
| PE Ratio | 11.83 |
| Shares Out | 3.85M |
| Dividend (ttm) | $0.56 |
| Dividend Yield | 3.63% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | 43.28% |
| Volume | 149,298 |
| Open | 15.30 |
| Previous Close | 15.31 |
| Day's Range | 15.30 - 15.52 |
| 52-Week Low | 13.77 |
| 52-Week High | 18.45 |
| Beta | -1.01 |
| Holdings | 72 |
| Inception Date | Jan 26, 2011 |
About HDGE
Fund Home PageThe 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.
Top 10 Holdings
193.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash | n/a | 77.53% |
| Derivatives Collateral Cf Secured | n/a | 57.76% |
| Fidelity Instl Govt 657 C | n/a | 47.49% |
| Blackrock Federal Fd 30 Instl | n/a | 15.69% |
| American Homes 4 Rent | AMH | -0.77% |
| Ares Management Corporation | ARES | -0.80% |
| TransMedics Group, Inc. | TMDX | -0.84% |
| Tecnoglass Holdings Inc. | TGLS | -0.87% |
| Crown Castle Inc. | CCI | -0.90% |
| Whirlpool Corporation | WHR | -0.94% |
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 -2.46% in the past year, including dividends. Since the fund's inception, the average annual return has been -15.27%.
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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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.
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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...