AUM $301.0MER 0.92%NAV $29.02Holdings —Inception Oct 2025
Price Chart
Key Statistics
Previous Close
$30.00Day Range
$30.00$30.14
52-Week Range
$28.51$30.20
Avg Volume
27.9KDividend Yield
1.36%Expense Ratio
0.92%AUM
$301.0MShares Outstanding
13.9METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Technology | 38.55% |
| Financial Services | 11.55% |
| Communication Services | 9.90% |
| Consumer Cyclical | 9.49% |
| Healthcare | 8.89% |
| Industrials | 8.45% |
| Consumer Defensive | 4.52% |
| Energy | 2.98% |
| Utilities | 2.20% |
| Real Estate | 1.83% |
| Basic Materials | 1.65% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 98.77% |
| Other | 1.23% |
Fund Information
- Issuer
- Equable
- Category
- Technology
- Inception Date
- Oct 8, 2025
- Exchange
- NYSE_ARCA
- Description
- HEDG is a fund-of-funds, aiming to generate income and mitigate downside risk through a covered call option-writing strategy. The fund invests in equity securities based on the S&P 500 index, using either ETFs or direct stock purchases. It writes covered call options on these securities to earn premiums, which provide partial downside protection while limiting potential gains. Options positions are typically rolled quarterly. To maintain liquidity or meet redemptions, the fund may hold cash, cash equivalents, ETFs, or money-market funds, capped at 20%. Additionally, assets may fully shift to the same short-term instrumetns in response to adverse market conditions. Prior to October 13, 2025, HEDG was a mutual fund called Equable Shares Hedged Equity Fund before converting to an ETF structure, starting with $275.2 million in assets.
Similar ETFs
The Equable Shares Hedged Equity ETF (HEDG) is an exchange-traded fund issued by Equable that launched on Oct 8, 2025. It currently manages $301.0M in assets under management. The fund charges an expense ratio of 0.92%. It falls under the Technology category.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | IVV | iShares Core S&P 500 ETF | 64.31% | 360,000 | $267.9M |
| 2 | SPY | State Street SPDR S&P 500 ETF Trust | 32.91% | 185,000 | $137.1M |
| 3 | — | U.S. Bank Money Market Deposit Account 08/01/2031 | 6.29% | 26,201,204 | $26.2M |
| 4 | — | Cash & Other | 0.83% | 3,478,326 | $3.5M |
| 5 | OPER | Clearshares Ultra-Short Maturity ETF | 0.48% | 20,000 | $2.0M |
| 6 | — | SPY US 09/30/26 P710 | 0.46% | 1,600 | $1.9M |
| 7 | — | SPY US 09/30/26 P665 | -0.23% | -1,600 | $-963200 |
| 8 | — | SPY US 09/30/26 C735 | -1.37% | -1,850 | $-5720200 |
| 9 | — | IVV US 09/18/26 C720 | -3.68% | -3,600 | $-15318000 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.20% | |
| 1W | -0.03% | |
| 1M | +0.43% | |
| 3M | +1.16% | |
| 6M | +1.55% | |
| YTD | +2.18% | |
| 1Y | +4.22% | |
| 3Y | +4.22% | |
| 5Y | +4.22% |
Moving Averages
20-Day MA
$30.06
Above 20-Day MA50-Day MA
$29.99
Above 50-Day MA200-Day MA
$29.54
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$30.20
Current Price
$30.06
52-Week Low
$28.51
$28.51$30.20
Current Yield
1.36%
Annual Dividend
$0.9552
Frequency
Quarterlyx/year
Last Ex-Date
Mar 26, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Mar 26, 2026 | $0.1460 | Mar 27, 2026 |
| Dec 16, 2025 | $0.4046 | Dec 17, 2025 |
| Dec 16, 2025 | $0.4046 | Dec 17, 2025 |
Dividend Payments Over Time
Category Comparison
| Metric | HEDG | Technology(1511 ETFs) | Covered Call(103 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.92% | 0.61% | 0.72% |
| AUM | $301.0M | $7.93B | $1.33B |
| Dividend Yield | 1.36% | 2.99% | 16.09% |
| Avg Volume | 27.9K | 657.0K | 278.5K |
| Holdings | — | 226 | 69 |
| Performance | |||
| 1-Month Return | +1.04% | -1.81% | -0.74% |
| 6-Month Return | +2.56% | +11.69% | -0.28% |
| YTD Return | +2.44% | +9.60% | -3.72% |
| 1-Year Return | +3.69% | +12.13% | -6.76% |
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