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HDVAX

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1d
1w
1m

Analysis and statistics

  • Open
    14.4311$
  • Previous Close
    14.4311$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

HDVAX.US represents the ProShares Hedge Replication ETF. This exchange-traded fund seeks investment results, before fees and expenses, that correspond to the performance of the Merrill Lynch Factor Model – Top 50 Hedge Fund Composite Index. It aims to replicate the aggregate returns of hedge funds by using a quantitative model that mimics certain common factor exposures found in hedge fund strategies.
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Factors

HDVAX.US funds' price is influenced by several factors: Overall Market Conditions: Broad economic trends, investor sentiment, and global events impacting overall market performance. Performance of Underlying Assets: The performance of the assets the fund invests in, primarily fixed income securities, directly impacts its net asset value (NAV). Interest Rate Changes: Rising interest rates typically decrease the value of existing fixed-income investments, lowering the fund's price. Credit Risk: The creditworthiness of issuers of bonds held by the fund affects their market value and the fund's overall valuation. Inflation Expectations: High inflation expectations can erode the real value of fixed income investments, negatively impacting the fund. Supply and Demand: Market demand for the fund's shares relative to the available supply also influences its price. Fund Management Expertise: The fund manager's ability to select profitable assets and manage risk contributes to its performance. Expense Ratio: The fund's operating expenses can affect its overall return and therefore, its price.

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