ProShares Hedge Replication ETF (the "Fund") is an open-end management investment company. The Fund seeks investment results that track the performance of the Merrill Lynch Factor Model - Exchange Series. The fund invests in a combination of securities and derivatives that track the performance of the Benchmark. The Benchmark, established by Merrill Lynch International, seeks to provide the risk and return characteristics of the hedge fund asset class by targeting a high correlation to the HFRI Fund Weighted Composite Index. As of May 31 2013, the Fund's total assets were $55,236,558 and the Fund's investment portfolio was valued at $52,896,917. The HDG stock yearly return is shown above.
The yearly return on the HDG stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2021 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the HDG annual return calculation with any dividends reinvested as applicable (on ex-dates).
|