# AdvisorShares Active Bear ETF (HDGE)

> Source: Nexqual · https://nexqual.com/HDGE · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, AdvisorShares Active Bear ETF (HDGE), nexqual.com/HDGE" · informational, not investment advice.

**Price:** USD 15.01 (+1.76% on the day) · last close of Oct 23, 2026; US market after hours, not a live price. Prev close 15.01 · day 14.94–15.05 · 52w 13.77–18.45 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y -4.0% vs S&P 500 +13.4%; 5Y -26.9% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -4.0% | -26.9% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -4.0% | -6.1% |
| Volatility (annualized) | 19.4% | 24.3% |
| Max drawdown | -24.3% (Mar 2026→Aug 2026) | -45.7% (Jun 2022→Aug 2026) |

## Peers
DWSH (AdvisorShares Dorsey Wright Sho) USD 5.52 +1.38% · RWM (ProShares Short Russell2000) USD 14.55 +0.34% · EFZ (ProShares Short MSCI EAFE) USD 23.36 +0.49% · DOG (ProShares Short Dow30) USD 21.81 +1.25% · EUM (ProShares Short MSCI Emerging M) USD 16.93 -0.53%

## More
Full page: https://nexqual.com/HDGE · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2027-01-15 | 84 | 27.9% | ±10.0% |