HDGProShares Hedge Replication ETF

Diversifier14y track recordRanked #182 of 240 in this goal

Seeks investment results that track the performance of the Merrill Lynch Factor Model Exchange Series.

By ProShares · Launched 2011

Annual Cost

0.95%

#4,684 of 5,562 · expensive

Fund Size

$22M

#4,317 of 5,562 · small

Return (1Y)Goal

+14.1%

Track Record

14 years

#905 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$11,447+14.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

Global

Strategy

Index tracking

Index tracked

Merrill Lynch Factor Model Exchange Series

What it actually holds

By weight

Concentration

Top 10 holdings = 82.8% of fundconcentrated

United States of America

65.6%

Repurchase Agreement

4.8%

Repurchase Agreement

3.3%

Repurchase Agreement

2.9%

N/A

1.6%

Repurchase Agreement

1.2%

Repurchase Agreement

1.2%

Repurchase Agreement

0.9%

Repurchase Agreement

0.9%

Repurchase Agreement

0.6%

Asset allocation

Cash

80.1%

Stocks

19.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

6.2%Low

Year-on-year price swings

Max drawdown

-15.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.63Decent risk-adjusted returns

Sortino (3Y)

0.91Moderate downside risk

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks investment results that track the performance of the Merrill Lynch Factor Model Exchange Series.
Strategy: Invests primarily in financial instruments to achieve high correlation with the HFRI Composite Index. Uses a mix of equity securities, derivatives, and money market instruments, adjusting weights monthly based on historical correlations.
Inception date: July 12, 2011
Fund family: ProShares