ProShares - Hedge Replication ETF (HDG) Research
This fund strategically invests in a combination of financial instruments, chosen by ProShare Advisors, with the goal of emulating its underlying benchmark's performance. That benchmark endeavors to replicate the risk and return profile typical of the hedge fund asset class, which it achieves by seeking a high correlation to the HFRI Fund Weighted Composite Index (HFRI). The HFRI itself serves as a gauge of the hedge fund industry's overall performance, comprising an equally weighted composite of over 2,000 member funds. This particular fund is categorized as non-diversified.
Market snapshot
- Symbol
- HDG
- Price
- $55.08
- Day change
- +0.75%
- Market cap
- $26.2M
- 52-week range
- 48.82-55.31
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- iShares ESG Aware 60/40 Balanced Allocation ETF (EAOR)
- First Trust Dividend Strength ETF (FTDS)
- VanEck Green Metals ETF (GMET)
- JPMorgan Active Small Cap Value ETF (JPSV)
- AllianzIM U.S. Equity Buffer10 Jun ETF (JUNT)
- Matthews China Active ETF MCH (MCH)
- Listed Funds Trust - Roundhill Video Games ETF (NERD)
- Innovator U.S. Small Cap Managed Floor ETF (RFLR)
Open ProShares - Hedge Replication ETF (HDG) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.