---
ticker: "HDGE"
name: "AdvisorShares Active Bear ETF"
url: "https://etf.net/etf/HDGE"
grade: "F"
score: 22
graded_at: "2026-10-12"
category: "Alternative Strategies"
category_rank: "29 of 30"
methodology: "https://etf.net/methodology"
---

# HDGE: AdvisorShares Active Bear ETF

Grade **F**, Score 22 of 100. Rank 29 of 30 in Alternative Strategies.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 3 | 29 of 30 |
| Mission | Not scored | — |
| Risk | 10 | 28 of 30 |
| Tradability | 58 | 12 of 30 |
| Holdings | Not scored | — |
| Durability | 62 | 10 of 30 |

## Top holdings

The fund holds 4 positions. These are the largest 4, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Cash | 66.97% |
| 2 | — | Derivatives Collateral Cf Secured | 61.58% |
| 3 | — | BlackRock Federal Fd 30 Instl | 50.06% |
| 4 | — | Fidelity Instl Govt 657 C | 16.80% |

Source: etf.net, https://etf.net/etf/HDGE. Please cite the page URL.