HDG

📎 Investment Objective

The ProShares Hedge Replication ETF (HDG) seeks to provide investment results that correspond to the performance of a benchmark that provides exposure to the global hedge fund industry.

✨ Key Features

• Provides exposure to the broad hedge fund industry through a liquid, transparent ETF structure
• Utilizes a quantitative model to construct a portfolio that aims to replicate hedge fund performance
• Diversified across multiple asset classes to capture the risk/return profile of the hedge fund industry
• Low expense ratio of 0.00%

⚠️ Primary Risks

• The fund's performance may not closely track the target benchmark, leading to potential underperformance
• Exposure to a variety of asset classes introduces market, credit, and liquidity risks
• The quantitative model used to construct the portfolio may not accurately capture the complexities of the hedge fund industry
• As a relatively new fund, it has a limited performance history

👤 Best For

The ProShares Hedge Replication ETF may be suitable for investors seeking broad exposure to the hedge fund industry through a low-cost, liquid investment vehicle. It could be used as a diversification tool or as a complement to a traditional portfolio. However, investors should be aware of the fund's risks and limitations compared to direct hedge fund investments.