HDGE vs VXUS

HDGE vs VXUS
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Quick Verdict

VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 8,747 holdings.

Lower Fees: VXUSHigher Returns: VXUSMore Diversified: VXUS

Side-by-Side Comparison

MetricHDGEVXUSWinner
Expense Ratio3.62%0.05%
AUM$51M$158.1B
Dividend Yield3.70%2.59%
Holdings648,747
YTD Return-13.31%+15.52%
1Y Return-9.13%+26.73%
3Y Return (annualized)-10.30%+20.35%
5Y Return (annualized)-8.41%+9.40%
Volatility (annualized)20.9%15.1%
Max Drawdown-94.7%-39.9%
Fund FamilyAdvisor SharesVanguard (US)
CategoryAlternativeEquity
InceptionJan 26, 2011Jan 26, 2011

HDGE vs VXUS Performance

AdvisorShares Ranger Equity Bear ETF (HDGE) is a ETF from Advisor Shares and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year HDGE returned -9.13% while VXUS returned +26.73%. Year to date, HDGE is down 13.31% versus a gain of 15.52% for VXUS.

Over three years, HDGE compounded at -10.30% per year against +20.35% for VXUS; over five years the annualized figures are -8.41% and +9.40% respectively. Across the full 16-year window we track, VXUS has the edge at +4.90% annualized vs -16.16%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

HDGE has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 15.1% for VXUS. 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 -94.7% for HDGE and -39.9% for VXUS. 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 -0.74. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

HDGE charges 3.62% per year while VXUS charges 0.05%. On a $10,000 position that is $362 vs $5 annually, a gap of $357 per year that compounds over a long holding period. On income, HDGE currently yields 3.70% against 2.59% for VXUS.

Holdings Overlap

0.0%overlap

HDGE and VXUS share 3 holdings out of 7928 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 VXUSDifference
TRI:CA-1.42%0.03%1.45%
ABG:AU-1.78%0.03%1.81%
SIG:LN-2.16%0.02%2.18%

Frequently Asked Questions

Which is cheaper, HDGE or VXUS?

HDGE has an expense ratio of 3.62% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $357 per year of difference.

Which performed better, HDGE or VXUS?

Over the past year HDGE returned -9.13% vs +26.73% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (16 years), HDGE annualized -16.16% vs +4.90% for VXUS. Past performance does not guarantee future results.

Which is riskier, HDGE or VXUS?

HDGE has been the more volatile fund at 20.9% annualized versus 15.1% for VXUS. Worst drawdown: HDGE -94.7% vs VXUS -39.9%.

Should I hold both HDGE and VXUS?

HDGE and VXUS have a monthly-return correlation of -0.74, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between HDGE and VXUS?

HDGE and VXUS share 3 common holdings with a 0.0% weight overlap. Combined, they hold 7928 unique securities.

Which pays a higher dividend, HDGE or VXUS?

HDGE yields 3.70% while VXUS yields 2.59%, so HDGE currently pays the higher dividend yield.

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