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ProShares Hedge Replication ETF
HDG performance and flow charts
Performance
Flows
Historic performance and flows
Data as of July 17, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -0.91% | +1.45% | +5.74% | +10.36% | +22.00% | +18.14% |
| Flows | +$544K | -$7K | -$3M | -$5M | -$13M | -$21M |
Characteristics
The ProShares Hedge Replication ETF is built to track the Merrill Lynch Factor Model - Exchange Series Index - USD. This ETF provides synthetic exposure - by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap. This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Long Only |
| Provider | ProShares |
| N° of holdings | |
| Replication method | Indirect |
| Asset class | Equity |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | July 12, 2011 |
| ESG | No |
More data and info about HDG on Trackinsight
HDG's exposure
This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +7.33% | +6.03% | +5.64% | +6.69% |
Max drawdown | -1.84% | -3.52% | -7.22% | -14.99% |
Max drawdown duration | 25d | 47d | 134d | 1045d |
Time to recover | N/A | 15d | 86d | 706d |
Replication quality
Data as of June 30, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is HDG?
HDG is a Passive ETF that provides exposure to Equity assets. It is managed by ProShares.
What index does HDG track?
HDG tracks the Merrill Lynch Factor Model - Exchange Series Index - USD, aiming to replicate its performance through unfunded swap.
What does HDG invest in?
This ETF provides exposure to Other Equities. It is part of the segment: Uncategorized Equities.
What is the expense ratio of HDG?
The total expense ratio (TER) of HDG is 2.26%, representing the annual fee charged by the fund manager.
When was HDG launched?
HDG was launched on July 12, 2011, marking its entry into the ETF market.
Who is the issuer of HDG?
HDG is issued by ProShares.
What is the AUM of HDG?
As of July 17, 2026, HDG manages $21.96 M, reflecting the total assets held in the fund.
How has HDG performed recently?
As of July 17, 2026, HDG delivered a return of -0.91% over the past month (1M performance), 1.45% over the past three months (3M), and 5.74% year-to-date (YTD).
What are the recent fund flows for HDG?
As of July 17, 2026, HDG has seen net flows of +$544K in the past month (1M flow) and -$3M year-to-date (YTD).
Does HDG pay dividends?
As of July 17, 2026, HDG has a trailing 12-month distribution yield of 1.84%.
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