AdvisorShares Active Bear ETF (HDGE)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
15.13 USD
-0.43
(-2.764%) ⇩
(Oct. 15, 2026, 3:59 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 9:12 a.m. EDT
This instrument is a specialized tool for betting against equities, not a traditional investment vehicle. The data confirms a severe structural decline: over the last nine years, the price has collapsed by more than 82%, driven by eight consecutive years of negative annual returns. While the recent price action shows a slight bounce off the lows, the underlying mechanics of a 'bear' ETF mean that a recovery in the broader market would cause this fund to lose value. The 3.56% yield is misleading; it is generated by the fund's losses being distributed to shareholders, effectively returning capital rather than generating income. Options data reinforces this bearish thesis, with heavy positioning in downside protection. For a standard investor, this is a dangerous trap disguised as a dividend payer. It should only be held by those with a specific, short-term tactical view that the broader market will crash. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.060398 |
| AutoETS | 0.060401 |
| AutoTheta | 0.062601 |
| MSTL | 0.071380 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 57% |
| H-stat | 0.35 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.165 |
| Excess Kurtosis | -0.64 |
As of Oct. 10, 2026, 9:12 a.m. EDT: Speculators are overwhelmingly positioning for further declines. Call volume is negligible compared to put activity, with significant open interest concentrated in out-of-the-money puts (strikes below current price) expiring in early 2027. Implied volatility for puts is significantly elevated relative to calls, indicating a strong fear premium and a market consensus that the asset will drop further.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 3.54% | 3.54% | 7.04% | 4.22% |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-22 | 0.560 | 3.544304 |
| 2024-12-23 | 1.280 | 7.896361 |
| 2023-12-26 | 1.835 | 9.673169 |
| 2019-12-27 | 0.120 | 0.222222 |
| Attribute | Value |
|---|---|
| All Time High | 325.0 |
| All Time Low | 13.77 |
| Ask | 0.0 |
| Ask Size | 1,300 |
| Average Daily Volume10 Day | 92,550 |
| Average Daily Volume3 Month | 86,995 |
| Average Volume | 86,995 |
| Average Volume10Days | 92,550 |
| Beta3 Year | -1.08 |
| Bid | 15.0 |
| Bid Size | 1,300 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 15.48 |
| Day Low | 15.13 |
| Dividend Yield | 3.56 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 14.7064 |
| Fifty Day Average Change | 0.4236002 |
| Fifty Day Average Change Percent | 0.0288038 |
| Fifty Two Week Change Percent | -9.346914 |
| Fifty Two Week High | 18.45 |
| Fifty Two Week High Change | -3.3200006 |
| Fifty Two Week High Change Percent | -0.17994583 |
| Fifty Two Week Low | 13.77 |
| Fifty Two Week Low Change | 1.3599997 |
| Fifty Two Week Low Change Percent | 0.0987654 |
| Fifty Two Week Range | 13.77 - 18.45 |
| First Trade Date Milliseconds | 1,296,138,600,000 |
| Five Year Average Return | -0.0541193 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.3600006 |
| Fullday Change Percent | -2.3136284 |
| Fullday Price | 15.13 |
| Fund Family | AdvisorShares |
| Fund Inception Date | 1,296,000,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The Sub-Advisor seeks to achieve the fund's investment objective by short selling a portfolio of liquid mid- and large-cap U.S. exchange-traded equity securities, ETFs, ETNs and other exchange-traded products. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in short positions in equity securities. The Sub-Advisor implements a bottom-up, fundamental, research driven security selection process. |
| Long Name | AdvisorShares Active Bear ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_118787927 |
| Nav Price | 15.57002 |
| Net Assets | 59,892,512.0 |
| Net Expense Ratio | 3.62 |
| Open | 15.48 |
| Phone | (202) 684-6383 |
| Previous Close | 15.56 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.43 |
| Regular Market Change Percent | -2.7635 |
| Regular Market Day High | 15.48 |
| Regular Market Day Low | 15.13 |
| Regular Market Day Range | 15.13 - 15.48 |
| Regular Market Open | 15.48 |
| Regular Market Previous Close | 15.56 |
| Regular Market Price | 15.13 |
| Regular Market Time | 1,792,094,392 |
| Regular Market Volume | 37,985 |
| Short Name | Ranger Equity Bear Bear ETF |
| Source Interval | 15 |
| Symbol | HDGE |
| Three Year Average Return | -0.080331296 |
| Total Assets | 59,892,512 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -4.91935 |
| Trailing Three Month Returns | -4.91935 |
| Triggerable | 1 |
| Two Hundred Day Average | 16.20295 |
| Two Hundred Day Average Change | -1.0729494 |
| Two Hundred Day Average Change Percent | -0.06621939 |
| Type Disp | ETF |
| Volume | 37,985 |
| Yield | 0.0356 |
| Ytd Return | -2.59563 |