HDG:ARCA-ProShares Hedge Replication (USD)

ETF | Multialternative | NYSE Arca

Last Closing

USD 49.875

Change

+0.26 (+0.53)%

Market Cap

USD 0.03B

Volume

487.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks investment results before fees and expenses that track the performance of the Merrill Lynch Factor Model-Exchange Series. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should track the performance of the Benchmark. The Benchmark, established by Merrill Lynch International, seeks to provide the risk and return characteristics of the hedge fund asset class by targeting a high correlation to the HFRI Fund Weighted Composite Index. The HFRI is designed to reflect hedge fund industry performance through an equally weighted composite of over 2000 constituent funds. It is non-diversified.

Inception Date: 12/07/2011

Primary Benchmark: BofAML Factor Modl - Exch Series TR USD

Primary Index: Morningstar Mod Tgt Risk TR USD

Gross Expense Ratio: 2.1%

Management Expense Ratio: 0.95 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-26 )

Largest Industry Peers for Multialternative

Symbol Name Mer Price(Change) Market Cap
QAI IQ Hedge Multi-Strategy Tracke.. 0.54 %

-0.04 (-0.12%)

USD 0.63B
DIVY Tidal ETF Trust 0.85 %

-0.10 (-0.38%)

USD 0.01B
LALT Invesco Multi-Strategy Alterna.. 0.88 %

+0.08 (+0.38%)

USD 6.53M

ETFs Containing HDG

ALTS ALT5 Sigma Corporation 12.55 % 0.00 %

-0.20 (-8.16%)

USD 0.03B

Market Performance

  Market Performance vs. Industry/Classification (Multialternative) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.52% 25% F 33% F
Dividend Return 2.52% 100% F 50% F
Total Return 5.03% 25% F 31% F
Trailing 12 Months  
Capital Gain 5.07% 50% F 27% F
Dividend Return 3.66% 67% D+ 52% F
Total Return 8.73% 50% F 27% F
Trailing 5 Years  
Capital Gain 10.25% 100% F 48% F
Dividend Return 7.06% 67% D+ 22% F
Total Return 17.30% 100% F 41% F
Average Annual (5 Year Horizon)  
Capital Gain 1.99% 100% F 46% F
Dividend Return 3.04% 100% F 40% F
Total Return 1.04% 67% D+ 23% F
Risk Return Profile  
Volatility (Standard Deviation) 8.20% 25% F 82% B
Risk Adjusted Return 37.05% 75% C 54% F
Market Capitalization 0.03B 75% C 14% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.