HDGE vs. FBCG ETF Comparison

Comparison of Ranger Equity Bear Bear ETF (HDGE) to Fidelity Blue Chip Growth ETF (FBCG)
HDGE

Ranger Equity Bear Bear ETF

HDGE Description

The investment seeks capital appreciation through short sales of domestically traded equity securities. The Sub-Advisor seeks to achieve the fund's investment objective by short selling a portfolio of liquid mid- and large-cap U.S. exchange-traded equity securities, ETFs registered pursuant to the 1940 Act, ETNs and other ETPs. The Sub-Advisor implements a bottom-up, fundamental, research driven security selection process that seeks to identify securities with low earnings quality or aggressive accounting that may tend to mask operational deterioration and bolster the reported earnings per share over a short time period.

Grade (RS Rating)

Last Trade

$21.08

Average Daily Volume

81,850

Number of Holdings *

65

* may have additional holdings in another (foreign) market
FBCG

Fidelity Blue Chip Growth ETF

FBCG Description The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes have above-average growth potential (stocks of these companies are often called "growth" stocks). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.43

Average Daily Volume

453,385

Number of Holdings *

186

* may have additional holdings in another (foreign) market
Performance
Period HDGE FBCG
30 Days 2.78% 5.26%
60 Days -0.14% 12.61%
90 Days 7.20% 9.98%
12 Months -1.13% 47.21%
6 Overlapping Holdings
Symbol Grade Weight in HDGE Weight in FBCG Overlap
DASH D -1.74% 0.07% -1.74%
HUM C -1.8% 0.0% -1.8%
LW C -1.24% 0.11% -1.24%
ON D -1.56% 0.58% -1.56%
RIVN C -1.78% 0.14% -1.78%
ROKU F -1.16% 0.0% -1.16%
HDGE Overweight 59 Positions Relative to FBCG
Symbol Grade Weight
CLBK F -0.38%
OMCL F -0.81%
ATGE B -0.94%
XRX F -0.99%
VLY F -0.99%
ALGM F -1.04%
BC F -1.08%
KIM B -1.1%
ETSY F -1.1%
NBR D -1.11%
WK F -1.11%
TEAM D -1.12%
VICR F -1.12%
NAPA F -1.12%
WOLF D -1.15%
GT F -1.16%
ALB F -1.17%
SOFI F -1.18%
HGV D -1.18%
SNA D -1.19%
NOV C -1.2%
IPGP F -1.21%
WPC D -1.22%
SPT F -1.23%
PDFS B -1.24%
MGRC D -1.24%
TDY D -1.25%
EXTR C -1.26%
ACN C -1.26%
UCBI D -1.28%
TRNO C -1.28%
GSHD F -1.28%
OII C -1.28%
VRSN C -1.31%
SNV C -1.32%
ROIC D -1.35%
LGIH F -1.35%
CAR D -1.38%
RF C -1.39%
MRTN C -1.4%
KLIC C -1.4%
FR C -1.4%
CACC D -1.42%
O D -1.48%
SMAR B -1.51%
THS C -1.52%
REG B -1.53%
VEEV D -1.58%
LUV B -1.59%
HELE F -1.6%
MRCY F -1.63%
SNDR C -1.67%
EQIX D -1.7%
PHR D -1.8%
GLBE C -1.81%
CFR D -1.87%
EGP C -1.96%
DEO F -2.09%
KMX C -2.1%
HDGE Underweight 180 Positions Relative to FBCG
Symbol Grade Weight
NVDA C -13.0%
MSFT A -9.65%
AMZN B -9.47%
AAPL B -7.59%
GOOGL A -7.1%
META B -4.58%
LLY A -2.99%
NFLX B -2.22%
SNAP B -2.18%
UBER B -2.02%
UNH D -1.62%
NXPI B -1.6%
MRVL C -1.6%
MA C -1.16%
LOW D -1.0%
CRM D -0.97%
TSLA C -0.94%
ABNB C -0.71%
TSM B -0.71%
DECK C -0.69%
REGN A -0.66%
NVO A -0.59%
NKE C -0.59%
TJX A -0.52%
DXCM D -0.51%
BSX A -0.5%
ZTS C -0.5%
GFS C -0.48%
CMG B -0.47%
CELH F -0.47%
LULU F -0.45%
ANF C -0.45%
AEO C -0.44%
AXP C -0.4%
BA D -0.4%
RH F -0.39%
AMD B -0.37%
FANG C -0.37%
HUBS C -0.36%
OKTA C -0.35%
PG A -0.35%
WMT B -0.35%
COIN C -0.35%
SE B -0.34%
SQ D -0.33%
PVH C -0.33%
INTU C -0.33%
EOG C -0.32%
PDD C -0.32%
SGBX F -0.31%
LYFT F -0.31%
DKS B -0.31%
SBUX F -0.3%
MU C -0.3%
MPWR B -0.29%
DHR C -0.29%
V C -0.27%
NOW B -0.27%
XOM C -0.26%
TER B -0.25%
AVGO C -0.24%
CROX B -0.24%
DELL B -0.24%
ASML B -0.22%
OXY C -0.22%
GE D -0.22%
SYK B -0.21%
PGR C -0.21%
MAR B -0.21%
TGT C -0.2%
ETN D -0.19%
FIVE F -0.19%
DDOG C -0.16%
CZR C -0.16%
MDB D -0.16%
HWM B -0.15%
MRK A -0.14%
WELL B -0.14%
EL F -0.14%
WRBY C -0.13%
ZM F -0.13%
PENN C -0.13%
GS B -0.13%
SNOW F -0.13%
C C -0.13%
ADBE C -0.12%
RBLX C -0.12%
DLTR F -0.12%
MCD D -0.12%
TMO D -0.12%
DKNG D -0.12%
CRS B -0.11%
LRCX B -0.11%
SN B -0.11%
RDDT B -0.1%
SHOP C -0.1%
BILL F -0.1%
PEP C -0.1%
ORCL B -0.1%
KVUE D -0.1%
ATI D -0.09%
ACVA C -0.09%
MS B -0.09%
FDX C -0.09%
INSP F -0.09%
SNPS B -0.08%
DIS C -0.08%
ALNY A -0.08%
EME B -0.08%
GEV B -0.08%
TMUS B -0.08%
ISRG A -0.07%
Z C -0.07%
LNW B -0.07%
PM A -0.07%
WDC B -0.07%
WSM C -0.06%
DHI D -0.06%
BLD D -0.06%
CIEN D -0.06%
AYI D -0.06%
AMAT B -0.06%
ANET B -0.06%
MRNA C -0.06%
APP B -0.06%
LHX A -0.05%
OLLI B -0.05%
GPS C -0.05%
LIN B -0.05%
TDG B -0.05%
NOC F -0.04%
MSGE D -0.04%
PLTR B -0.04%
RL B -0.04%
FIX C -0.04%
PI C -0.04%
BRK.A B -0.04%
COST B -0.04%
HDB B -0.04%
VLO C -0.03%
YUM D -0.03%
TPR C -0.03%
HD C -0.03%
TTD A -0.03%
BBY B -0.03%
BLDR F -0.03%
MASI B -0.03%
KKR B -0.03%
STZ B -0.03%
LNG B -0.03%
GSK D -0.03%
APO A -0.03%
TSN C -0.03%
ONON C -0.03%
W F -0.03%
DUOL B -0.03%
SHW D -0.03%
GKOS B -0.03%
SGRY F -0.03%
OWL C -0.03%
MCK A -0.03%
DAL D -0.03%
HSY D -0.03%
GRMN B -0.03%
TTWO B -0.03%
SPR C -0.03%
FSLR C -0.03%
ASND C -0.02%
FL B -0.02%
LEGN D -0.02%
PSX C -0.02%
MPC C -0.02%
PODD B -0.01%
RBRK D -0.01%
BABA F -0.01%
GH C -0.0%
FCX C -0.0%
VSCO F -0.0%
HOG F -0.0%
NTAP B -0.0%
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