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HEDG vs FDRX

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

HEDG

Equable Shares Hedged Equity ETF

Annual cost

0.96%

Fund size

$401M

FDRX

Founder-Led 2x Daily ETF

Annual cost

1.08%

Fund size

$22M

Key differences

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

  • HEDG is an alternative fund, while FDRX is an equity fund. They carry different risk/return profiles.
  • HEDG follows a long short strategy; FDRX uses leveraged.
  • 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

HEDGFDRX
Annual cost (TER)0.96%1.08%
Fund size (AUM)$401M$22M
Since20192026
Dividend yield2.08%
Asset classalternativeequity
Regionnorth americanorth america
Strategylong shortleveraged
CAGR 1YN/AN/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y
Max drawdown-3.85%-38.44%

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

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