HDGE vs LITP

Comparison between ADVISORSHARES RANGER EQUITY BEAR ETF (HDGE, ETF) and Sprott Lithium Miners ETF (LITP, ETF).

HDGE vs LITP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HDGE(ETF)	LITP(ETF)
Net Assets	$63M	$63M
Expense Ratio	3.62%	0.65%
Max Drawdown	94.83%	76.86%
Sharpe Ratio	-0.15	1.97
5Y Beta	-0.79	1.28
5Y Dividends CAGR	72.63%	N/A

Net Assets

Winner

HDGE

$63M

LITP

$63M

Expense Ratio

HDGE

3.62%

Winner

LITP

0.65%

Max Drawdown

HDGE

94.83%

Winner

LITP

76.86%

Sharpe Ratio

HDGE

-0.15

Winner

LITP

1.97

5Y Beta

Winner

HDGE

-0.79

LITP

1.28

5Y Dividends CAGR

HDGE

72.63%

LITP

N/A

HDGE vs LITP - Holdings Comparison

HDGE and LITP have 1 common holdings. Overlap is -2.34%

HDGE's top 25 holdings weight is 116.07%. LITP's top 25 holdings weight is 97.93%.

Rank	HDGE	LITP
#1	CASH (n/a) - 79.90%	LIONTOWN LTD (n/a) - 12.89%
#2	FIDELITY INSTL GOVT 657 C (n/a) - 60.39%	PLS GROUP LTD (n/a) - 12.14%
#3	BLACKROCK FEDERAL FD 30 INSTL (n/a) - 3.22%	ALBEMARLE CORP (ALB) - 9.09%
#4	COGENT COMMUNICATIONS HOLDINGS INC (CCOI) - -0.80%	GANFENG LITHIUM GROUP CO LTD (n/a) - 8.64%
#5	E.L.F. BEAUTY INC (ELF) - -0.80%	SOCIEDAD QUIMICA Y MINERA DE CHILE SA ADR (SQM) - 8.60%
#6	PROCORE TECHNOLOGIES INC (PCOR) - -0.81%	ELEVRA LITHIUM LTD (n/a) - 6.09%
#7	VERISK ANALYTICS INC (VRSK) - -1.10%	LITHIUM ARGENTINA AG (n/a) - 5.86%
#8	ALBERTSONS COMPANIES INC CLASS A (ACI) - -1.20%	IGO LTD (n/a) - 5.26%
#9	ABM INDUSTRIES INC (ABM) - -1.21%	SIGMA LITHIUM CORP (n/a) - 4.23%
#10	MONRO INC (MNRO) - -1.21%	PMET RESOURCES INC (PMETF) - 3.83%
#11	WELLS FARGO & CO (WFC) - -1.22%	STANDARD LITHIUM CORP (SLI) - 3.21%
#12	WESTERN ALLIANCE BANCORP (WAL) - -1.23%	LITHIUM AMERICAS CORP (LAC) - 3.16%
#13	RADNET INC (RDNT) - -1.25%	TIANQI LITHIUM CORP CLASS H (n/a) - 2.98%
#14	ADT INC (ADT) - -1.31%	EUROPEAN LITHIUM LTD (n/a) - 2.54%
#15	BOOT BARN HOLDINGS INC (BOOT) - -1.32%	VULCAN ENERGY RESOURCES LTD ORDINARY SHARES (n/a) - 2.27%
#16	THOMSON REUTERS CORP (TRI) - -1.33%	CORE LITHIUM LTD (n/a) - 2.15%
#17	EAGLE MATERIALS INC (EXP) - -1.34%	GALAN LITHIUM LTD (n/a) - 1.29%
#18	ACI WORLDWIDE INC (ACIW) - -1.35%	IONEER LTD (n/a) - 1.08%
#19	EXPONENT INC (EXPO) - -1.35%	LITHIUM IONIC CORP (n/a) - 0.54%
#20	PAYMENTUS HOLDINGS INC CLASS A (PAY) - -1.38%	AMERICAN LITHIUM CORP (n/a) - 0.45%
#21	BXP INC (BXP) - -1.41%	SAVANNAH RESOURCES PLC (n/a) - 0.41%
#22	SYNCHRONY FINANCIAL (SYF) - -1.42%	ATLANTIC LITHIUM LTD (n/a) - 0.34%
#23	BATH & BODY WORKS INC (BBWI) - -1.44%	SURGE BATTERY METALS INC (n/a) - 0.32%
#24	ASBURY AUTOMOTIVE GROUP INC (ABG) - -1.46%	LIBERTYSTREAM INFRASTRUCTURE PARTNERS INC (n/a) - 0.29%
#25	Q2 HOLDINGS INC (QTWO) - -1.50%	E3 LITHIUM LTD (n/a) - 0.27%
Total Holdings	57	39

HDGE vs LITP - Historical Returns

Returns include dividend reinvestment.

Period	HDGE	LITP
1 month	-6.14%	-3.19%
3 months	-7.55%	+22.01%
6 months	+4.69%	+37.25%
1 year	-0.72%	+188.02%
5 years(CAGR)	-3.02%	N/A
10 years(CAGR)	-15.23%	N/A
Max(CAGR)	-15.02%	-3.81%

HDGE

-6.14%

Winner

LITP

-3.19%

HDGE

-7.55%

Winner

LITP

+22.01%

HDGE

+4.69%

Winner

LITP

+37.25%

HDGE

-0.72%

Winner

LITP

+188.02%

5Y(CAGR)

HDGE

-3.02%

LITP

N/A

10Y(CAGR)

HDGE

-15.23%

LITP

N/A

Max(CAGR)

HDGE

-15.02%

Winner

LITP

-3.81%

HDGE vs LITP - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	HDGE	LITP
2026	+2.29%	+20.27%
2025	+1.31%	+87.43%
2024	-8.56%	-43.69%
2023	-27.57%	-36.25%
2022	+17.59%	N/A
2021	-19.94%	N/A
2020	-43.36%	N/A
2019	-36.05%	N/A
2018	+8.77%	N/A
2017	-14.78%	N/A
2016	-15.25%	N/A
2015	-6.27%	N/A
2014	-11.12%	N/A
2013	-28.60%	N/A
2012	-25.75%	N/A
2011	+0.88%	N/A

HDGE vs LITP Drawdown Comparison

The maximum drawdown for HDGE was -93.87%, occurring on Jan 21, 2025. This drawdown has not yet recovered.

The maximum drawdown for LITP was -74.76%, occurring on Apr 8, 2025. Recovery took 812 trading sessions.

The current HDGE drawdown is -93.22%. The current LITP drawdown is -16.40%.

Rank	HDGE	LITP
#1	-93.87% Oct 3, 2011 - Jan 21, 2025	-74.76% Feb 2, 2023 - Apr 30, 2026
#2	-14.93% Jan 28, 2011 - Aug 4, 2011	-27.35% May 6, 2026 - Jun 10, 2026
#3	-9.43% Aug 22, 2011 - Sep 22, 2011	-4.89% May 1, 2026 - May 6, 2026
#4	-6.69% Aug 10, 2011 - Aug 19, 2011	N/A
#5	-6.11% Sep 22, 2011 - Oct 3, 2011	N/A
#6	-2.75% Aug 8, 2011 - Aug 10, 2011	N/A