HDGE vs VTI

Quick Verdict

VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricHDGEVTIWinner
Expense Ratio3.62%0.03%
AUM$59M$663.5B
Dividend Yield3.39%1.07%
Holdings503,543
YTD Return-8.21%+11.83%
1Y Return-9.83%+21.79%
3Y Return (annualized)-6.79%+20.40%
5Y Return (annualized)-7.10%+11.96%
Volatility (annualized)20.8%15.3%
Max Drawdown-94.4%-56.6%
Fund FamilyAdvisor SharesVanguard (US)
CategoryAlternativeEquity
InceptionJan 26, 2011May 24, 2001

HDGE vs VTI Performance

AdvisorShares Ranger Equity Bear ETF (HDGE) is a ETF from Advisor Shares and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year HDGE returned -9.83% while VTI returned +21.79%. Year to date, HDGE is down 8.21% versus a gain of 11.83% for VTI.

Over three years, HDGE compounded at -6.79% per year against +20.40% for VTI; over five years the annualized figures are -7.10% and +11.96% respectively. Across the full 16-year window we track, VTI has the edge at +8.06% annualized vs -15.91%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

HDGE has been the more volatile fund, with annualized monthly volatility of 20.8% compared with 15.3% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -94.4% for HDGE and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at -0.82. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

HDGE charges 3.62% per year while VTI charges 0.03%. On a $10,000 position that is $362 vs $3 annually, a gap of $359 per year that compounds over a long holding period. On income, HDGE currently yields 3.39% against 1.07% for VTI.

Holdings Overlap

0.0%overlap

HDGE and VTI share 43 holdings out of 2802 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in HDGEWeight in VTIDifference
APP-0.93%0.19%1.12%
DASH-1.09%0.09%1.18%
WFC-1.36%0.35%1.71%
PCORProProPro
SYFProProPro
CRMProProPro
BLDRProProPro
BOOTProProPro
ELFProProPro
WKProProPro
See all 10 holdings HDGE shares with VTI
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, HDGE or VTI?

HDGE has an expense ratio of 3.62% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $359 per year of difference.

Which performed better, HDGE or VTI?

Over the past year HDGE returned -9.83% vs +21.79% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (16 years), HDGE annualized -15.91% vs +8.06% for VTI. Past performance does not guarantee future results.

Which is riskier, HDGE or VTI?

HDGE has been the more volatile fund at 20.8% annualized versus 15.3% for VTI. Worst drawdown: HDGE -94.4% vs VTI -56.6%.

Should I hold both HDGE and VTI?

HDGE and VTI have a monthly-return correlation of -0.82, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between HDGE and VTI?

HDGE and VTI share 43 common holdings with a 0.0% weight overlap. Combined, they hold 2802 unique securities.

Which pays a higher dividend, HDGE or VTI?

HDGE yields 3.39% while VTI yields 1.07%, so HDGE currently pays the higher dividend yield.

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