(HDGE) AdvisorShares Ranger Equity - Overview
Etf: Short Positions, Equity Securities, ETFs, ETNs, Exchange-Traded
Dividends
| Dividend Yield | 3.54% |
| Yield on Cost 5y | 2.68% |
| Yield CAGR 5y | -44.76% |
| Payout Consistency | 37.9% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 20.8% |
| Relative Tail Risk | -1.42% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.22 |
| Alpha | 11.79 |
| Character TTM | |
|---|---|
| Beta | -0.731 |
| Beta Downside | -0.762 |
| Drawdowns 3y | |
|---|---|
| Max DD | 33.54% |
| CAGR/Max DD | -0.17 |
Description: HDGE AdvisorShares Ranger Equity December 22, 2025
The Ranger Equity Bear ETF (HDGE) is a U.S.-focused inverse equity fund that primarily employs short selling. At least 80 % of its net assets, plus any leverage, are placed in short positions across liquid mid- and large-cap U.S. stocks, ETFs, ETNs, and other exchange-traded products. The Sub-Advisor follows a bottom-up, fundamentally-driven research process to select securities for short exposure.
Key quantitative drivers to watch: (1) the fund’s net short exposure ratio, which typically hovers around 120-150 % of assets, indicating the degree of leverage; (2) the short-interest concentration in high-beta sectors such as technology and consumer discretionary, which tend to amplify inverse performance in a rising-rate environment; and (3) the fund’s expense ratio (≈ 0.95 %), which is modest for an actively managed inverse ETF but still erodes returns when the underlying index is flat.
For a deeper, data-rich analysis of HDGE’s risk-adjusted performance and sector sensitivities, you may find the ValueRay platform’s interactive dashboards useful-especially its scenario-testing tools that let you model outcomes under different macro-economic assumptions.
What is the price of HDGE shares?
Over the past week, the price has changed by +0.37%, over one month by +3.72%, over three months by -0.12% and over the past year by +5.13%.
Is HDGE a buy, sell or hold?
What are the forecasts/targets for the HDGE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 16.1 | -2% |
HDGE Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 55.5m USD (55.5m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 55.5m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 55.5m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 3.22% (E(55.5m)/V(55.5m) * Re(3.22%) + (debt-free company))
Discount Rate = 3.22% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)