HEDG ETF — Equable Shares Hedged Equity ETF

Equable Shares Hedged Equity ETF (HEDG)

Updated October 16, 2026.

HEDG is an ETF. its distribution rate is 2.00%, its trailing-12-month yield is 2.77%, its expense ratio is 0.96%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 9.9% over the past year, 6.5 points behind SPY at 16.4%.

Equable Shares Hedged Equity ETF is an equity fund that invests at least 80% of its assets in stocks from the S&P 500 Index while reducing market exposure through a covered call strategy—selling call options on the same securities to generate additional income. The fund distributes quarterly income at a modest current distribution rate, with an expense ratio of 0.96%. This approach may appeal to income-focused investors seeking equity exposure with downside cushioning, though the call-writing strategy caps upside potential in rising markets.

HEDG performance versus SPY

Price and return data through 2026-10-16.

Total return is 9.9% over the past year, 6.5 points behind SPY at 16.4%. Its deepest 1-year drawdown was 3.9%.

HEDG key facts

Distribution Safety Score™

50 · Unproven

Issuer

Equable Shares

Asset type

ETF

Asset class

Equity

Inception date

05/31/2019

Expense ratio

0.96%

Distribution rate

2.00%

Distribution frequency

Quarterly

Trailing yield

2.77%

Last close

$30.78 (as of 2026-10-16)

AUM

$464,420,826

Average volume

19653.0

Dividend

$0.15406

Ex-dividend date

09/24/2026

Payment date

09/25/2026

Beta

0.29

How Dividend Vision calculates yield and returns

Distribution rate (2.00%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.77%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Equable Shares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

HEDG risks and drawbacks

HEDG's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 3.9%.

Who may consider HEDG — and who may not

HEDG may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (HEDG pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on HEDG

• All tickers starting with H

Tagged: Hedged.

Frequently asked questions

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