Proshares Hedge Replication Etf Profile
| HDG Etf | USD 50.38 0.01 0.02% |
Performance6 of 100
| Odds Of DistressLess than 9
|
ProShares Hedge is trading at 50.38 as of the 28th of November 2024. This is a 0.02 percent decrease since the beginning of the trading day. The etf's lowest day price was 50.38. ProShares Hedge has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for ProShares Hedge Replication are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the benchmark. Hedge Replication is traded on NYSEARCA Exchange in the United States. More on ProShares Hedge Replication
Moving together with ProShares Etf
ProShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Names | [Altura Mining Limited, HDG, Hunter Douglas N.V.] |
| Business Concentration | VN100, VN Index, VN Mid Cap, VN All Shares, Absolute Returns ETFs, Global Macro ETFs, Multistrategy, ProShares (View all Sectors) |
| Issuer | ProShares |
| Inception Date | 2011-07-12 |
| Benchmark | Merrill Lynch Factor Model Exchange Series |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 27.51 Million |
| Average Trading Valume | 1,354.1 |
| Asset Type | Multi Asset |
| Category | Absolute Returns |
| Focus | Global Macro |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | J.P. Morgan Investor Services Co. |
| Advisor | ProShare Advisors LLC |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Michael Neches, Devin Sullivan, Tarak Dave |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 2,254 |
| Market Maker | Virtu Financial |
| Total Expense | 2.11 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 6.19 |
| Name | ProShares Hedge Replication ETF |
| Currency Code | USD |
| Open Figi | BBG001WL7GT1 |
| In Threey Volatility | 6.49 |
| 1y Volatility | 4.21 |
| 200 Day M A | 49.4129 |
| 50 Day M A | 49.9504 |
| Code | HDG |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
ProShares Hedge Replication [HDG] is traded in USA and was established 2011-07-12. The fund is classified under Multistrategy category within ProShares family. The entity is thematically classified as Absolute Returns ETFs. ProShares Hedge Repl currently have 39.91 M in assets under management (AUM). , while the total return for the last 3 years was 1.4%.
Check ProShares Hedge Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares Hedge Replication Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
ProShares Hedge Repl Currency Exposure
ProShares Hedge Replication holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of ProShares Hedge will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in ProShares Hedge Replication.
Top ProShares Hedge Replication Etf Constituents
| BRP | Brp Group | Stock | Financials | |
| LNZA | LanzaTech Global | Stock | Industrials | |
| DFIN | Donnelley Financial Solutions | Stock | Financials | |
| VIR | Vir Biotechnology | Stock | Health Care | |
| MPB | Mid Penn Bancorp | Stock | Financials | |
| KTB | Kontoor Brands | Stock | Consumer Discretionary | |
| TRAK | ReposiTrak | Stock | Information Technology | |
| ATEN | A10 Network | Stock | Information Technology |
ProShares Hedge Top Holders
| GAGIX | The Gabelli Global | Mutual Fund | Tactical Allocation | |
| GAGCX | The Gabelli Global | Mutual Fund | Tactical Allocation | |
| WTIFX | Westcore International Small Cap | Mutual Fund | Foreign Small/Mid Growth | |
| TNMAX | 1290 Multi Alternative Strategies | Mutual Fund | Multistrategy | |
| GACCX | The Gamco Global | Mutual Fund | Tactical Allocation | |
| TNMRX | 1290 Multi Alternative Strategies | Mutual Fund | Multistrategy | |
| WIIFX | Westcore International Small Cap | Mutual Fund | Foreign Small/Mid Growth | |
| GAGAX | The Gabelli Global | Mutual Fund | Tactical Allocation |
ProShares Hedge Repl Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Hedge. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0502 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.25) |
ProShares Hedge Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ProShares Hedge Replication. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of ProShares Hedge Repl is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Hedge's value that differs from its market value or its book value, called intrinsic value, which is ProShares Hedge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Hedge's market value can be influenced by many factors that don't directly affect ProShares Hedge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Hedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Hedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Hedge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.