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  • ETF
  • HDG
    Pricing Data
    $42.80
    Change: $0.0 (0.0%)
    Time: 09/23/16
    Previous Close: $42.80
  • Category
  • Hedge Fund
Last Updated:

Profile

Vitals

Trading Data

Open: - Volume -
Day Lo - Day Hi -
  • 52 Week Lo: $40.06
  • 52 Week Hi: $42.88
  • AUM: $33.3 M
  • Shares: 0.8 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume: 1,983
  • 3 Month Avg. Volume: 2,763

Alternative ETFs in the Hedge Fund Category

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Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Analyst Report

This ETF seeks to replicate the risk/return profiles of a diversified benchmark of hedge funds, potentially giving all types of investors access to a strategy that may otherwise be out of reach. HDG seeks to accomplish this objective by maintaining exposure to six "factors" that include U.S. stocks, international equities, Treasuries, and the euro. The fund has the flexibility to establish long or short exposure to most of these factors (long or flat to some) based on a proprietary quantitative analysis. It's important for investors to realize what hedge fund replication strategies entail, and the limitations to such techniques. HDG doesn't have access to all the same tools as famous hedge fund managers, and shouldn't be confused with a product that will seek to generate huge absolute returns in any environment. Instead, the primary appeal of this product may be in its ability to offer non-correlated returns, adding diversification benefits to traditional stock-and-bond portfolios and smoothing overall volatility. The exposure offered by HDG would be quite expensive and demanding for most investors to establish; this ETF offers a way to access this advanced and potentially time-consuming strategy at a relatively low price point. There are several other options for hedge fund replication exposure in the ETF universe, including the broad-based QAI, MCRO (macro strategy), merger arbitrage products (MNA), and long/short techniques.

Realtime Rating

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Realtime Rating Summary

The adjacent table gives investors an individual Realtime Rating for HDG on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Hedge Fund with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Compare to another ETF

View the Category Report

HDG Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A- n/a
Expenses B- n/a
Performance
Volatility
Dividend
Concentration

Knowledge Centers

HDG In-Depth Analysis

The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.

HDG Holdings

Filings Data as of: Sep 05, 2016
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Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group ETFdb Category.

Number of Holdings
Rank:
2501
Category Low
Category High
% Assets in Top 10
Rank:
21.49%
Category Low
Category High

HDG Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb Category.

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Expenses Ratio Analysis

ETF Average
0.575%
ETF Wtd. Average
0.26%
Category Average
0.81%
Expense Ratio
Rank:
0.95%
Category Low
Category High

Commission Free Trading

This ETF is not currently available for commission free trading on any platforms.

Category Commission Free Trading

There are 8 other ETFs in the Hedge Fund ETFdb Category that are also eligible for commission free trading:

HDG Performance

This section shows how this ETF has performed relative to its peer group ETFdb Category.

1 Week Return
Rank:
0.80%
Category Low
Category High
4 Week Return
Rank:
0.59%
Category Low
Category High
13 Week Return
Rank:
3.66%
Category Low
Category High
26 Week Return
Rank:
3.08%
Category Low
Category High
Year to Date Return
Rank:
1.69%
Category Low
Category High
1 Year Return
Rank:
3.11%
Category Low
Category High
3 Year Return
Rank:
3.83%
Category Low
Category High
5 Year Return
Rank:
15.04%
Category Low
Category High

Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of HDG relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

HDG Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb Category.

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P/E Ratio
Rank:
18.5
Category Low
Category High

As of Jun 16 2016

HDG Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb Category.

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Dividend
$0.05
Dividend Date
2012-12-26
Annual Dividend Rate
n/a
Annual Dividend Yield
Rank:
0.13%
Category Low
Category High

As of Jun 16, 2016

HDG Technicals

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Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb Category.

5 Day Volatility
Rank:
21.31%
Category Low
Category High
20 Day Volatility
Rank:
4.60%
Category Low
Category High
50 Day Volatility
Rank:
4.10%
Category Low
Category High
200 Day Volatility
Rank:
5.92%
Category Low
Category High
Beta
Rank:
0.37
Category Low
Category High
Standard Deviation
Rank:
0.60%
Category Low
Category High

Technicals

  • 20 Day MA: $42.60
  • 60 Day MA: $42.42
  • MACD 15 Period: 0.18
  • MACD 100 Period: 0.63
  • Williams % Range 10 Day: n/a
  • Williams % Range 20 Day: 12.90
  • RSI 10 Day: 64
  • RSI 20 Day: 58
  • RSI 30 Day: 57
  • Ultimate Oscillator: 72

Bollinger Brands

  • Lower Bollinger (10 Day): $42.20
  • Upper Bollinger (10 Day): $42.87
  • Lower Bollinger (20 Day): $42.28
  • Upper Bollinger (20 Day): $42.91
  • Lower Bollinger (30 Day): $42.34
  • Upper Bollinger (30 Day): $42.88

Support & Resistance

  • Support Level 1: n/a
  • Support Level 2: $42.80
  • Resistance Level 1: n/a
  • Resistance Level 2: $42.80

Stochastic

  • Stochastic Oscillator %D (1 Day): 54.99
  • Stochastic Oscillator %D (5 Day): 88.34
  • Stochastic Oscillator %K (1 Day): 54.23
  • Stochastic Oscillator %K (5 Day): 73.35

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.