HDGEAdvisorShares Ranger Equity Bear ETF
Seeks capital appreciation through short sales of domestically traded equity securities.
By AdvisorShares · Launched 2011
3.62%
#5,843 of 5,861 · expensive
$66M
#3,372 of 5,861 · mid-size
-7.8%
15 years
#842 of 5,861 · established
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks capital appreciation through short sales of domestically traded equity securities.
- Strategy
- Actively manages a portfolio of liquid mid- and large-cap U.S. equity securities through short selling. The Sub-Advisor employs a fundamental research-driven selection process to identify securities with low earnings quality and potential price decline catalysts.
- Inception date
- January 26, 2011
- Fund family
- AdvisorShares
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
You can be right and still lose
This fund returns the opposite of its benchmark's daily move, then resets. Hold it longer and the daily compounding takes over: the market can move your way over a week and you still finish down. It works as a one-day hedge and nothing beyond that.
Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
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 2026-08-04