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HDGEAdvisorShares Ranger Equity Bear ETF

Take a bet15y track recordRanked #264 of 775 in this goal

Seeks capital appreciation through short sales of domestically traded equity securities.

By AdvisorShares · Launched 2011

Annual Cost

3.62%

#5,545 of 5,562 · expensive

Fund Size

$63M

#3,351 of 5,562 · mid-size

Return (1Y)Goal

+2.1%

Track Record

15 years

#859 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,063+0.6%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Strategy

Inverse

What it actually holds

By weight

Concentration

Top 8 holdings = 23.2% of fundwell diversified

American Homes 4 Rent Class AAMH
3.6%
Bank OZKOZK
3.1%
Jefferies Financial Group IncJEF
3.0%
Super Micro Computer IncSMCI
2.9%
Palantir Technologies Inc Ordinary Shares - Class APLTR
2.7%
Concentrix Corp Ordinary SharesCNXC
2.7%
OneMain Holdings IncOMF
2.6%
Invitation Homes IncINVH
2.5%

Asset allocation

Cash
204.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
18.4%Moderate

Year-on-year price swings

Max drawdown
-83.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-0.26Below average
Sortino (3Y)
-0.36Moderate downside risk

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks capital appreciation through short sales of domestically traded equity securities.
Strategy
Actively managed fund that short sells liquid mid- and large-cap U.S. equity securities and ETPs. Utilizes a fundamental research process to identify securities with low earnings quality and potential price decline catalysts.
Inception date
January 26, 2011
Fund family
AdvisorShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Inverse
Warning

Inverse ETF — daily tool only

Delivers the inverse of the benchmark's daily return. The compounding path makes multi-day holding unpredictable even when the benchmark's total move goes your way. Legitimate as a one-day hedge; dangerous as a view.

Source: Cheng & Madhavan (2009)

Why we flagged this: strategy=inverse + inverse_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19