ProShares - Hedge Replication ETF (HDG) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry.
HDG has IPO date of 2011-07-14, listed on the NYSE, a market capitalization of $25.21M.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the benchmark. The benchmark 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 (the "HFRI"). The HFRI is designed to reflect hedge fund industry performance through an equally weighted composite of over 2000 constituent funds. The fund is non-diversified.
