HDG vs ANEL

Comparison between PROSHARES HEDGE REPLICATION ETF (HDG, ETF) and Defiance Daily Target 2x Long ANET ETF (ANEL, ETF).

HDG vs ANEL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HDG(ETF)	ANEL(ETF)
Net Assets	$22M	$22M
Expense Ratio	0.95%	N/A
Max Drawdown	15.31%	56.57%
Sharpe Ratio	1.19	0.55
5Y Beta	0.33	4.07

Net Assets

HDG

$22M

ANEL

$22M

Expense Ratio

HDG

0.95%

ANEL

N/A

Max Drawdown

Winner

HDG

15.31%

ANEL

56.57%

Sharpe Ratio

Winner

HDG

1.19

ANEL

0.55

5Y Beta

Winner

HDG

0.33

ANEL

4.07

HDG vs ANEL - Holdings Comparison

HDG and ANEL have 0 common holdings. Overlap is 0.00%

HDG's top 25 holdings weight is 20.55%. ANEL's top 25 holdings weight is 8.81%.

Rank	HDG	ANEL
#1	CTE PROSHARES TRUST M (n/a) - 12.50%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 8.81%
#2	MSCI EAFE INDEX (EFA) SWAP (n/a) - 2.45%	N/A
#3	CASH (n/a) - 2.38%	N/A
#4	MSCI EMERGING MARKETS INDEX (EEM) SWAP (n/a) - 1.76%	N/A
#5	S&P 500 INDEX SWAP (n/a) - 0.61%	N/A
#6	JFROG LTD ORDINARY SHARES (FROG) - 0.05%	N/A
#7	UMB FINANCIAL CORP (UMBF) - 0.05%	N/A
#8	MOOG INC CLASS A (MOG-A) - 0.05%	N/A
#9	CYTOKINETICS INC (CYTK) - 0.05%	N/A
#10	BRIGHTSPRING HEALTH SERVICES INC (BTSG) - 0.05%	N/A
#11	IMMUNITYBIO INC ORDINARY SHARES (IBRX) - 0.04%	N/A
#12	DORMAN PRODUCTS INC (DORM) - 0.04%	N/A
#13	EASTERN BANKSHARES INC ORDINARY SHARES (EBC) - 0.04%	N/A
#14	DIODES INC (DIOD) - 0.04%	N/A
#15	n/a (SEI) - 0.04%	N/A
#16	ALKERMES PLC (ALKS) - 0.04%	N/A
#17	PROTAGONIST THERAPEUTICS INC (PTGX) - 0.04%	N/A
#18	SL GREEN REALTY CORP (SLG) - 0.04%	N/A
#19	IDEAYA BIOSCIENCES INC (IDYA) - 0.04%	N/A
#20	CHAMPION HOMES INC (SKY) - 0.04%	N/A
#21	n/a (PRAX) - 0.04%	N/A
#22	RYMAN HOSPITALITY PROPERTIES INC (RHP) - 0.04%	N/A
#23	COPT DEFENSE PROPERTIES (CDP) - 0.04%	N/A
#24	n/a (CNR) - 0.04%	N/A
#25	TG THERAPEUTICS INC (TGTX) - 0.04%	N/A
Total Holdings	1844	1

HDG vs ANEL - Historical Returns

Returns include dividend reinvestment.

Period	HDG	ANEL
1 month	-0.79%	-4.73%
3 months	+3.03%	-11.78%
6 months	+4.96%	+45.51%
1 year	+11.64%	+3.01%
5 years(CAGR)	+3.27%	N/A
10 years(CAGR)	+3.89%	N/A
Max(CAGR)	+2.94%	+3.45%

Winner

HDG

-0.79%

ANEL

-4.73%

Winner

HDG

+3.03%

ANEL

-11.78%

HDG

+4.96%

Winner

ANEL

+45.51%

Winner

HDG

+11.64%

ANEL

+3.01%

5Y(CAGR)

HDG

+3.27%

ANEL

N/A

10Y(CAGR)

HDG

+3.89%

ANEL

N/A

Max(CAGR)

HDG

+2.94%

Winner

ANEL

+3.45%

HDG vs ANEL - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	HDG	ANEL
2026	+6.47%	+29.49%
2025	+7.20%	-23.33%
2024	+5.48%	N/A
2023	+6.75%	N/A
2022	-8.65%	N/A
2021	+3.46%	N/A
2020	+7.08%	N/A
2019	+9.83%	N/A
2018	-4.79%	N/A
2017	+5.32%	N/A
2016	+2.87%	N/A
2015	-0.06%	N/A
2014	+2.04%	N/A
2013	+3.33%	N/A
2012	+2.38%	N/A
2011	-3.01%	N/A

HDG vs ANEL Drawdown Comparison

The maximum drawdown for HDG was -15.31%, occurring on Sep 29, 2022. Recovery took 722 trading sessions.

The maximum drawdown for ANEL was -56.57%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current HDG drawdown is -1.04%. The current ANEL drawdown is -16.92%.

Rank	HDG	ANEL
#1	-15.31% Nov 8, 2021 - Sep 24, 2024	-56.57% Oct 29, 2025 - Mar 30, 2026
#2	-13.76% Feb 14, 2020 - Nov 5, 2020	-23.76% Oct 9, 2025 - Oct 29, 2025
#3	-7.83% Jul 21, 2011 - Jan 2, 2013	-18.09% Sep 11, 2025 - Oct 8, 2025
#4	-7.82% May 21, 2015 - Feb 15, 2017	-4.10% Sep 5, 2025 - Sep 10, 2025
#5	-7.43% Jan 26, 2018 - Oct 21, 2019	N/A
#6	-7.20% Feb 18, 2025 - Jul 3, 2025	N/A
#7	-3.97% Feb 25, 2026 - Apr 16, 2026	N/A
#8	-3.78% May 21, 2013 - Sep 18, 2013	N/A
#9	-3.67% Mar 15, 2021 - Nov 5, 2021	N/A
#10	-3.41% Sep 3, 2014 - Feb 4, 2015	N/A
#11	-2.92% Feb 9, 2021 - Mar 15, 2021	N/A
#12	-2.72% Oct 31, 2013 - Apr 2, 2014	N/A
#13	-2.21% Oct 27, 2025 - Dec 10, 2025	N/A
#14	-1.81% Jan 14, 2021 - Feb 4, 2021	N/A
#15	-1.73% Dec 4, 2024 - Jan 30, 2025	N/A