ZEGA Investments LLCOther AllocationZHDG · NYSE Arca

Zega Buy & Hedge ETF (ZHDG)

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Price: $23.65; —12 Nov 2026
Assets: $31M; Total net assets
Expense ratio: 0.95%; Category 0.88%
Yield: 2.43%; Trailing distributions

1Y return: 4.5%+5.3%; Category -0.8%
3Y CAGR: 13.6%+3.7%; Category 9.9%
5Y CAGR: 4.8%+2.6%; Category 2.2%

$23.65—12 Nov 2026

Fund

Assets: $31M
Expense: 0.95%
Categ. exp: 0.88%
Yield: 2.43%

ReturnFundCateg.

1Y4.5%-0.8%

3Y13.6%9.9%

5Y4.8%2.2%

Launch5.4%—

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Zega Buy & Hedge ETF

Calendar-year returns

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

Risk statistics

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

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-2.3%	-2.9%	+0.1%	+4.5%	+4.5%	+13.6%	+4.8%	—	+5.4%
Other Allocation average	-3.7%	-5.9%	-7.9%	-0.3%	-0.8%	9.9%	2.2%	6.8%	-0.4%
Difference	+1.4%	+3.0%	+8.0%	+4.9%	+5.3%	+3.7%	+2.6%	—	+5.8%

Holdings

The 1 largest positions make up 3.2% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
FGXXX	First American Government Obligs X	3.21%

Sector allocation

Share of the equity the fund holds.

Technology38.5%
Financial services11.6%
Communication services9.9%
Consumer discretionary9.5%
Health care8.9%
Industrials8.5%
Consumer staples4.5%
Energy3.0%
Utilities2.2%
Real estate1.8%
Materials1.7%

Asset mix

Stocks135.0%
Bonds18.8%
Other1.6%

Credit quality

Share of the bonds by rating.

US government22.5%

ETF details

Issuer: ZEGA Investments LLC
Category: Asset Allocation · Other Allocation
Ticker: ZHDG
Exchange: NYSE Arca
Inception: 6 Jul 2021 (5.4 years)
Structure: Exchange Traded Fund
Expense ratio: 0.95% (category 0.88%)
Holdings turnover: 106% (category 68%)
Distribution yield: 2.43%
Beta, 3 years: 0.78
Total net assets: $31M

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

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