HDGE - AdvisorShares Ranger Equity Bear ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
6.93
-0.05 (-0.72%)
At close: 4:00PM EDT
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Previous Close6.98
Open6.92
Bid6.92 x 1300
Ask6.99 x 1200
Day's Range6.92 - 7.11
52 Week Range5.05 - 7.95
Volume1,041,924
Avg. Volume1,222,259
Net Assets142.4M
NAV6.96
PE Ratio (TTM)N/A
Yield0.20%
YTD Daily Total Return29.49%
Beta (5Y Monthly)-1.17
Expense Ratio (net)3.12%
Inception Date2011-01-26
  • COVID-19 Coronavirus Forces Investors To Look For Yield, Safety
    Benzinga

    COVID-19 Coronavirus Forces Investors To Look For Yield, Safety

    With volatility at historically high levels and the COVID-19 coronavirus testing the limits of the entire global financial system, investors have been sent on a hunt for yield and safety.Since the late February highs in broad market indices, drawdowns in some passive funds have reached levels as high as 30%. According to Bloomberg data, the SPDR S&P 500 ETF saw investors withdraw more than $6.5 billion in a session, the most since October 2018.A question now arises; where do investors go?Cognizant of the extreme volatility and failure of broad-market investment vehicles to outperform in times of uncertainty, AdvisorShares Investments, a U.S.-based investment management firm founded in 2006, claims to have the solution: actively managed ETFs."All of our ETFs have portfolio managers who are making decisions based on different strategies that they run, trying to outperform either on an absolute or risk-adjusted basis, some passive underlying benchmark," AdvisorShares CEO Noah Hamman told Benzinga.According to Hamman, investors get access to outperforming investment vehicles whose liquidity, expenses, and transparency allow for efficient and diversified exposure in international and domestic assets.Hamman told Benzinga that the recent downturn brought massive interest to the firm's two all-short funds, Dorsey Wright Short Equity ETF (NASDAQ: DWSH) and Ranger Equity Bear ETF (NYSE: HDGE)."They're actively managed, so they are not broadly shorting the good stocks, along with the bad," he said."We've seen the most amount of flows at the beginning of the year, and then, certainly over the past two weeks," added Hamman.In Hamman's view, the future of investing is one that includes both passive and active management; this note comes alongside comments made by successful fund managers like Michael Burry, who became famous for betting against mortgage securities.According to Burry, the preconditions for central bank backstops are no longer valid and that the large inflows which caused index funds to distort stock and bond prices will turn into large outflows."I have had a significant bearish market bet that is working out for now," Burry told Bloomberg. "A global pandemic is absolutely a potential trigger for the unwinding of the passive investing bubble. With Covid-19, the hysteria appears to me worse than the reality, but after the stampede, it won't matter."AdvisorShares thinks it has the answer with it's blended and pureplay thematic, microcap, cannabis, equity and fixed income investment strategies. Hamman noted that sheltering investors from the storm is a top priority with its systematic, built-in hedges that withstand extreme market volatility, such as the market crash of 2020."We use the iTunes analogy; I want to be able to get [managers] within your playlists -- your portfolio -- that are good, unique, not mainstream and accessible from a hundred other places."See more from Benzinga * Coronavirus Crash Sends Investors To Short Funds, Says AdvisorShares CEO * Mayweather Boxing + Fitness CEO On New Locations, Virtual Reality Product: 'It's More Than Just A Workout' * Market Turmoil Could Be A Boon For Some Alternative Assets(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • The last time this ‘clear danger sign’ flashed in the stock market was in 1999, and we all know what happened next
    MarketWatch

    The last time this ‘clear danger sign’ flashed in the stock market was in 1999, and we all know what happened next

    “When pigs squeal, feed them.” Brad Lamensdorf, portfolio manager for AdvisorShares Ranger Equity Bear ETF, used that expression to describe what he sees in his “Chart of the Week,” which, he says, should have investors hearing alarm bells.

  • ETF Strategies to Stave Off Middle East Tension
    Zacks

    ETF Strategies to Stave Off Middle East Tension

    If U.S.-Iran tensions escalate, these ETF strategies could save your portfolio.

  • Investing Strategies for Market Crashes
    Investopedia

    Investing Strategies for Market Crashes

    These five options provide varying levels of liquidity for managing a potential market crash. Hard assets can provide security through tangible value.

  • When stocks scream sell — here's how to survive a meltdown
    Yahoo Finance

    When stocks scream sell — here's how to survive a meltdown

    It may be time to protect your nest egg amid these volatile stock markets. Here how's to easily do just that.

  • ETF Trends

    Best Inverse ETFs to Play with Low Trading Capital

    The latest volatility due to the U.S.-China trade wars are showing that it’s profitable to be a bear using inverse exchange-traded funds (ETFs). Gains can be had for inverse ETFs of the leveraged variety, ...

  • GlobeNewswire

    Accelerate Launches Initial Suite of Alternative Exchange Traded Funds

    CALGARY, Alberta, May 10, 2019 -- Accelerate Financial Technologies Inc., (“Accelerate”), is pleased to announce the launch of three zero management fee, performance fee only.

  • Is a Stock Market Correction in the Cards?
    Kiplinger

    Is a Stock Market Correction in the Cards?

    Historically high stock valuations and murky economic data point to a mean reversion. Here's how to prepare for whenever the ax falls.