HDGE has been rather successful in attracting assets,(>$325 million currently) and the fund trades more than 570,000 shares on an average daily basis, so it is clearly on the radars of those that are looking to incorporate “actively managed” ETF strategies.
Moreover, “short” oriented ETF strategies likely are gaining appeal with advisors whom do not want to deal with daily compounding/leveraging and associated re-balancing that comes with the territory, and in the case of HDGE, no leverage nor daily compounding is part of the picture because again the fund is not tied to a specific benchmark index but rather actively managed on a stock by stock basis.
AdvisorShares Active Bear ETF
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected].
Story updated to correct launch date of HDGE.