HDGE vs PBTP

Comparison between ADVISORSHARES RANGER EQUITY BEAR ETF (HDGE, ETF) and INVESCO 0-5 YR US TIPS ETF (PBTP, ETF).

5-Year PerformancePBTP has outperformed HDGE, delivering a return of +3.3% compared to -3.1%

HDGE vs PBTP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HDGE(ETF)	PBTP(ETF)
Net Assets	$66M	$67M
Expense Ratio	3.62%	0.07%
Max Drawdown	94.83%	9.90%
Sharpe Ratio	-0.19	0.39
5Y Beta	-0.80	-0.01
5Y Dividends CAGR	72.63%	25.87%

Net Assets

HDGE

$66M

Winner

PBTP

$67M

Expense Ratio

HDGE

3.62%

Winner

PBTP

0.07%

Max Drawdown

HDGE

94.83%

Winner

PBTP

9.90%

Sharpe Ratio

HDGE

-0.19

Winner

PBTP

0.39

5Y Beta

Winner

HDGE

-0.80

PBTP

-0.01

5Y Dividends CAGR

Winner

HDGE

72.63%

PBTP

25.87%

HDGE vs PBTP - Historical Returns

Returns include dividend reinvestment.

Period	HDGE	PBTP
1 month	-3.02%	-0.08%
3 months	-3.02%	+0.96%
6 months	+4.36%	+1.87%
1 year	-1.70%	+4.46%
5 years(CAGR)	-3.10%	+3.27%
10 years(CAGR)	-14.79%	+3.39%
Max(CAGR)	-14.99%	+3.39%

HDGE

-3.02%

Winner

PBTP

-0.08%

HDGE

-3.02%

Winner

PBTP

+0.96%

Winner

HDGE

+4.36%

PBTP

+1.87%

HDGE

-1.70%

Winner

PBTP

+4.46%

5Y(CAGR)

HDGE

-3.10%

Winner

PBTP

+3.27%

10Y(CAGR)

HDGE

-14.79%

Winner

PBTP

+3.39%

Max(CAGR)

HDGE

-14.99%

Winner

PBTP

+3.39%

HDGE vs PBTP - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	HDGE	PBTP
2026	+3.28%	+1.88%
2025	+1.31%	+5.90%
2024	-8.56%	+4.79%
2023	-27.57%	+4.57%
2022	+17.59%	-3.02%
2021	-19.94%	+5.41%
2020	-43.36%	+4.75%
2019	-36.05%	+4.74%
2018	+8.77%	+0.59%
2017	-14.78%	+0.04%
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 PBTP 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 PBTP was -5.44%, occurring on Sep 30, 2022. Recovery took 443 trading sessions.

The current HDGE drawdown is -93.15%. The current PBTP drawdown is -0.28%.

Rank	HDGE	PBTP
#1	-93.87% Oct 3, 2011 - Jan 21, 2025	-5.44% Mar 11, 2022 - Dec 14, 2023
#2	-14.93% Jan 28, 2011 - Aug 4, 2011	-5.35% Mar 5, 2020 - Jun 8, 2020
#3	-9.43% Aug 22, 2011 - Sep 22, 2011	-2.18% Nov 17, 2021 - Mar 1, 2022
#4	-6.69% Aug 10, 2011 - Aug 19, 2011	-1.04% Nov 15, 2018 - Jan 31, 2019
#5	-6.11% Sep 22, 2011 - Oct 3, 2011	-1.03% Apr 30, 2025 - Jun 26, 2025
#6	-2.75% Aug 8, 2011 - Aug 10, 2011	-1.00% Apr 3, 2025 - Apr 28, 2025
#7	N/A	-0.97% Aug 24, 2018 - Nov 15, 2018
#8	N/A	-0.81% Sep 24, 2024 - Jan 15, 2025
#9	N/A	-0.68% Jan 31, 2024 - Mar 1, 2024
#10	N/A	-0.66% Mar 17, 2026 - Apr 7, 2026
#11	N/A	-0.63% Aug 3, 2021 - Aug 27, 2021
#12	N/A	-0.63% May 18, 2021 - Jul 2, 2021
#13	N/A	-0.60% Feb 12, 2021 - Mar 2, 2021
#14	N/A	-0.53% Oct 22, 2025 - Jan 7, 2026
#15	N/A	-0.53% Sep 9, 2021 - Oct 14, 2021