AdvisorSharesInverse EquityHDGE · NYSE Arca

AdvisorShares Ranger Equity Bear ETF (HDGE)

$14.50—12 Nov 2026

Fund

ReturnFundCateg.

1Y-11.2%-29.0%

3Y-10.9%-35.8%

5Y-5.7%-23.7%

Launch-15.4%—

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AdvisorShares Ranger Equity Bear ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Five years of daily closes. Risk-free rate 4% a year.

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-5.7%	+3.4%	-16.9%	-9.5%	-11.2%	-10.9%	-5.7%	-15.5%	-15.4%
Inverse Equity average	11.5%	8.2%	-9.1%	-31.0%	-29.0%	-35.8%	-23.7%	-29.3%	-37.1%
Difference	-17.2%	-4.9%	-7.8%	+21.5%	+17.7%	+24.9%	+18.0%	+13.8%	+21.8%

The 10 largest positions make up 24.4% of the fund.

Largest holdings by weight
Ticker	Holding	Weight
FG	F&G Annuities & Life Inc	3.26%
AGO	Assured Guaranty Ltd	2.83%
CVNA	Carvana Co Class A	2.82%
OZK	Bank OZK	2.69%
WAL	Western Alliance Bancorp	2.51%
BAH	Booz Allen Hamilton Holding Corp Class A	2.32%
PTC	PTC Inc	2.11%
PUK	Prudential PLC ADR	2.07%
CTSH	Cognizant Technology Solutions Corp Class A	1.92%
RDDT	Reddit Inc Class A Shares	1.91%

What the fund is invested in.

Prices and returns as of 12 Nov 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other ETFs in the Inverse Equity category.