Key stats
About Equable Shares Hedged Equity ETF
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Inception date
Oct 13, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Teramo Advisors LLC
Distributor
Quasar Distributors LLC
ISIN
US81752T4114
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.
Related funds
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
Top 10 holdings
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HEDG trades at 28.84 USD today, its price has risen 0.53% in the past 24 hours. Track more dynamics on HEDG price chart.
HEDG assets under management is 285.90 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HEDG fund flows account for 7.92 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HEDG invests in funds. See more details in our Analysis section.
HEDG expense ratio is 0.92%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HEDG isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, HEDG doesn't pay dividends to its holders.
HEDG trades at a premium (0.05%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HEDG shares are issued by RDJ Associates LLC
HEDG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 13, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.