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
Identifiers
3
ISIN US81752T4114
HEDG is a fund-of-funds that aims to generate income and mitigate downside risk through a covered call options writing strategy on the S&P500 index. The fund sells options on US large-cap stocks to earn premiums. The strategy provides partial downside protection while capping upside potential. Options positions are rolled quarterly. The portfolio primarily consists of ETFs but may also hold stocks directly. Holdings may also include cash, cash equivalents, ETFs, or money market funds for redemptions and liquidity purposes, capped at 20%. Additionally, assets may fully shift to these defensive instruments 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 with $275.2 million in assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF96.72%
Cash5.57%
Mutual fund0.00%
Rights & Warrants−2.29%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HEDG invests in funds. The fund's major sectors are ETF, with 96.72% stocks, and Mutual fund, with 0.00% of the basket. The assets are mostly located in the North America region.
HEDG top holdings are State Street SPDR S&P 500 ETF and iShares Core S&P 500 ETF, occupying 49.80% and 46.38% of the portfolio correspondingly.
HEDG last dividends amounted to 0.35 USD. The quarter before, the issuer paid 0.05 USD in dividends, which shows a 84.80% increase.
HEDG assets under management is 373.42 M USD. It's risen 8.66% over the last month.
HEDG fund flows account for 89.88 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.
Yes, HEDG pays dividends to its holders with the dividend yield of 0.72%. The last dividend (Dec 17, 2025) amounted to 0.40 USD. The dividends are paid quarterly.
HEDG shares are issued by RDJ Associates LLC under the brand Equable. The ETF was launched on Oct 13, 2025, and its management style is Active.
HEDG expense ratio is 0.92% meaning you'd have to pay 0.92% of your investment to help manage the fund.
HEDG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HEDG invests in funds.
HEDG price has risen by 0.44% over the last month, and its yearly performance shows a 2.88% increase. See more dynamics on HEDG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.66% over the last month, showed a 3.17% increase in three-month performance and has increased by 9.15% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.66% over the last month, showed a 3.17% increase in three-month performance and has increased by 9.15% in a year.
HEDG trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.