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FDRX vs HEDG

Founder-Led 2x Daily ETF vs Equable Shares Hedged Equity ETF

FDRX

Founder-Led 2x Daily ETF

Annual cost

1.08%

Fund size

$22M

HEDG

Equable Shares Hedged Equity ETF

Annual cost

0.96%

Fund size

$401M

Key differences

FDRX is an equity ETF, while HEDG is an alternative ETF. FDRX charges 1.08% a year and HEDG 0.96%.

  • FDRX is an equity fund, while HEDG is an alternative fund. They carry different risk/return profiles.
  • FDRX follows a leveraged strategy; HEDG uses long short.
  • HEDG costs 0.12% less per year.
  • HEDG is much larger than FDRX. Larger funds are usually more liquid and less likely to close.
  • HEDG has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDRXHEDG
Annual cost (TER)1.08%0.96%
Fund size (AUM)$22M$401M
Since20262019
Dividend yield2.08%
Asset classequityalternative
Regionnorth americanorth america
Strategyleveragedlong short
CAGR 1YN/AN/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y
Max drawdown-38.44%-3.85%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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