Key stats
About ProShares Hedge Replication ETF
Home page
Inception date
Jul 12, 2011
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
HDGs index aims to emulate the risk and return characteristics of another index - one of reporting hedge funds - by crunching the return series and allocating to various liquid asset classes. To do so, the index utilizes a model to establish a weighted long or short positions each month in six underlying factors, such as (1) the S&P 500 Total Return Index, (2) the MSCI EAFE US Dollar Net Total Return Index, (3) the MSCI Emerging Markets US Dollar Net Total Return Index, (4) the Russell 2000 Total Return Index, (5) three-month U.S. Treasury Bills, and (6) the ProShares UltraShort Euro ETF. This math produces a huge stake in short-dated Treasuries, which reduces portfolio volatility but doesnt add much else. Its the remaining equity allocation that provides all the movement, in fact, too much so. The fund and the index does not include hedge funds as components.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Cash
Stocks13.72%
Finance3.42%
Health Technology1.73%
Technology Services1.33%
Electronic Technology1.23%
Producer Manufacturing0.95%
Industrial Services0.58%
Consumer Services0.52%
Commercial Services0.48%
Retail Trade0.44%
Utilities0.42%
Consumer Durables0.40%
Process Industries0.37%
Non-Energy Minerals0.34%
Health Services0.34%
Energy Minerals0.29%
Consumer Non-Durables0.29%
Transportation0.24%
Distribution Services0.19%
Communications0.14%
Miscellaneous0.02%
Bonds, Cash & Other86.28%
Government67.18%
Cash19.08%
Miscellaneous0.01%
Corporate0.01%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HDG last dividends amounted to 0.29 USD. The quarter before, the issuer paid 0.30 USD in dividends, which shows a 5.53% decrease.
HDG assets under management is 24.53 M USD. It's risen 0.59% over the last month.
HDG fund flows account for −4.00 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HDG pays dividends to its holders with the dividend yield of 3.40%. The last dividend (Jul 1, 2025) amounted to 0.29 USD. The dividends are paid quarterly.
HDG shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Jul 12, 2011, and its management style is Passive.
HDG expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
HDG follows the ICE BofAML Factor Model - Exchange Series. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HDG invests in bonds.
HDG price has risen by 1.18% over the last month, and its yearly performance shows a 0.88% increase. See more dynamics on HDG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.22% over the last month, showed a 1.10% increase in three-month performance and has increased by 4.64% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.22% over the last month, showed a 1.10% increase in three-month performance and has increased by 4.64% in a year.
HDG trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.