PBTP vs HDGE

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

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

PBTP vs HDGE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

PBTP

$67M

HDGE

$66M

Expense Ratio

Winner

PBTP

0.07%

HDGE

3.62%

Max Drawdown

Winner

PBTP

9.90%

HDGE

94.83%

Sharpe Ratio

Winner

PBTP

0.39

HDGE

-0.19

5Y Beta

PBTP

-0.01

Winner

HDGE

-0.80

5Y Dividends CAGR

PBTP

25.87%

Winner

HDGE

72.63%

PBTP vs HDGE - Historical Returns

Returns include dividend reinvestment.

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

Winner

PBTP

-0.08%

HDGE

-3.02%

Winner

PBTP

+0.96%

HDGE

-3.02%

PBTP

+1.87%

Winner

HDGE

+4.36%

Winner

PBTP

+4.46%

HDGE

-1.70%

5Y(CAGR)

Winner

PBTP

+3.27%

HDGE

-3.10%

10Y(CAGR)

Winner

PBTP

+3.39%

HDGE

-14.79%

Max(CAGR)

Winner

PBTP

+3.39%

HDGE

-14.99%

PBTP vs HDGE - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	PBTP	HDGE
2026	+1.88%	+3.28%
2025	+5.90%	+1.31%
2024	+4.79%	-8.56%
2023	+4.57%	-27.57%
2022	-3.02%	+17.59%
2021	+5.41%	-19.94%
2020	+4.75%	-43.36%
2019	+4.74%	-36.05%
2018	+0.59%	+8.77%
2017	+0.04%	-14.78%
2016	N/A	-15.25%
2015	N/A	-6.27%
2014	N/A	-11.12%
2013	N/A	-28.60%
2012	N/A	-25.75%
2011	N/A	+0.88%

PBTP vs HDGE Drawdown Comparison

The maximum drawdown for PBTP was -5.44%, occurring on Sep 30, 2022. Recovery took 443 trading sessions.

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

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

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