Prepare for Market Downturns with HDGE
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Market volatility is unpredictable and occurring more frequently in recent times.
Prepare your client portfolios for the inevitability of market turbulence by adding a hedging solution to their portfolios with the AdvisorShares Ranger Equity Bear ETF (HDGE).
HDGE Has Outperformed During Market Downturns
Source: BNY Mellon; Morningstar
Performance data quoted represents past performance and is no guarantee of future results.  Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost.  For month-end and standardized performance go to
How Is HDGE Different?
pure short strategy  •  no leverage  •  no daily reset    no "geared" exposure
has offered protection during past market corrections    actively managed
HDGE uses fundamental research and forensic accounting practices to short stocks believed to have low earnings quality or aggressive accounting practices designed to bolster short-term performance.
Learn More About HDGE
* David Tice is the Chief Investment Officer at Ranger Alternative Mgmt., sub-advisor to HDGE

We Know Your Time Is Valuable 
We Are Here for You
An ADVISORSHARES Investment Consultant can be reached at 1.877.843.3831 to discuss our actively managed ETF offerings. We are able to assist with special order handling to ensure that you receive the best trading execution.
to an ADVISORSHARES Portfolio Manager or Investment Consultant

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-For Financial Intermediary Use Only - Not For Use With The Retail Public-
Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by visiting the Fund’s website at Please read the prospectus carefully before you invest.  Foreside Fund Services, LLC distributor.
There is no guarantee that the Fund will achieve its investment objective. An investment in the Fund is subject to risk, including the possible loss of principal amount invested. The Fund may invest in (or short) ETFs, ETNs and ETPs. In addition to the risks associated with such vehicles, investments, or reference assets in the case of ETNs, lack of liquidity can result in its value being more volatile than the underlying portfolio investment. Other Fund risks include market risk, equity risk, short sales and leverage risk, large cap risk, early closing risk, liquidity risk and trading risk. Short sales involve leverage because the Fund borrows securities and then sells them, effectively leveraging its assets. The use of leverage may magnify gains or losses for the Fund. See prospectus for specific risks and details.

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