Zega Buy & Hedge ETFZHDG

$23.09

−3.5% last session

+2.0% YTD

Data as of 11/5/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Oct 31, 2023 – Nov 5, 2026ZHDGS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−3.5%	−4.5%	−4.5%	+2.0%	+2.9%	+48.6%	+25.2%	+29.2%
S&P 500 · VOO	−4.4%	−5.7%	−4.9%	+8.4%	+9.8%	+82.2%	+71.6%	—

Key Statistics

Open all fund facts →

AUM: $31M
Expense ratio: 0.95%
Distribution yield: 2.5%
NAV: $23.59
Volume: 11K
Avg. volume 30D: 4K
High today: $23.49
Low today: $23.09
Previous close: $23.92
52-week high: $24.49
52-week low: $20.85
Our risk indicator: 4/5

ZHDG in One Breath

ZHDG Among Its Peers

YTD

#1ZHDGZEGA+2.0%$30.7M

End-of-day Nov 5, 2026 · 1 ETFs by YTD

$10,000 in ZHDG

$10,000 in ZHDG became

$12,522

In the S&P 500 (VOO)

$17,156

Total return, dividends in · Oct 28, 2021 – Nov 5, 2026 · S&P 500 uses VOO

ZHDG’s Top Holdings

Today

SPY 12/31/2026SPY 12/31/2026 220.01 C77.3%United State8.1%United State5.7%United State5.0%First Americ1.8%SPY USPY US 06/300.9%Cash

SPY 12/31/2026SPY 12/31/2026 220.01 C77.3%United State8.1%United State5.7%United State5.0%First AmericSPY USPY UCash Other

Other

ZEGA ZHDG · 0 holdings · tile size = share of the fund · as of Nov 5, 2026

What ZHDG Holds

Today

Technology38.5%

[…]

Financial Services11.6%

[…]

Communication Services9.9%

[…]

Consumer Cyclical9.5%

[…]

Healthcare8.9%

[…]

Industrials8.4%

[…]

Consumer Defensive4.5%

[…]

ZEGA ZHDG · share of the fund by sector · as of Nov 5, 2026

SPY’s Share of ZHDG

Today

77.3%

$773 of every $1,000 in ZHDG is SPY

SPY held by ZHDG

$23.7M

ZEGA ZHDG · each square = $10 of $1,000 · as of Nov 5, 2026

ZHDG’s Size vs Its Peers

Today

$30.7Mthe largest ETF

AUM · ZHDG and the 0 largest peers · Nov 5, 2026

ZHDG Fee per $100 vs Peers

Today

$0.95a year
per $100

$95 a year on $10,000

ZHDG$0.95

Expense ratio · peers · Nov 5, 2026

Inside ZHDG

as of Nov 5, 2026

ZHDG

Zega Buy & Hedge ETF

Today

Technology38.5%Financial Services11.6%Communication Services9.9%Consumer Cyclical9.5%Healthcare8.9%Industrials8.4%Consumer Defensive4.5%Other100.0%SPY 12/31/20SPY 12/31/2026 220.01 C77.3%United Sta8.1%United Sta5.7%United Sta5.0%

Technology38.5%Financial Services11.6%Communication Services9.9%Consumer Cyclical9.5%Healthcare8.9%Industrials8.4%Other100.0%SPY 12/31/20SPY 12/31/2026 220.01 C77.3%United Sta8.1%United Sta5.7%

#	Ticker	Company	Weight ▼
1	—	SPY 12/31/2026 220.01 C	77.31%
2	—	United States Treasury Bill 02/18/2027	8.06%
3	—	United States Treasury Bill 07/08/2027	5.69%
4	—	United States Treasury Note/Bond 2.375% 05/15/2027	5.04%
5	—	First American Government Obligations Fund 12/01/2031	1.78%
6	—	SPY US 09/17/27 P765	1.01%
7	—	SPY US 06/30/27 P750	0.87%
8	—	Cash & Other	0.20%
9	—	SPY US 12/18/26 P650	0.03%

TechnologyFinancial ServicesCommunication ServicesConsumer CyclicalHealthcareIndustrialsConsumer DefensiveEnergyUtilitiesReal EstateBasic MaterialsOther

ZEGA ZHDG · current holdings by weight · as of Nov 5, 2026 · each tile is one holding

How It Compares

ZHDG

Zega Buy & Hedge ETF’s Peers

YTD

ZHDG has no close peers in our data yet: […]

Similar peers · YTD and past-year returns · as of Nov 6, 2026 · sorted by AUM

Head to Head

ZHDG vs VOO

YTD

ZHDG · Zega Buy & Hedge

+2.0%

VOO · S&P 500

+8.4%

Gap

6.4 pts

ZEGA ZHDG and Vanguard VOO · YTD total return · as of Nov 6, 2026

ZHDG vs Its Peer Average

YTD

ZHDGAvsBPeer average

1D−3.5%[…]

1M−4.5%[…]

3M−4.5%[…]

YTD+2.0%[…]

1Y+2.9%[…]

3Y+48.6%[…]

5Y+25.2%[…]

0–0level

0 peers · each row scaled to its leader

The Details

ZHDG

Risk

4/5our risk indicator

CalmerBumpier

Volatility · 1Y11.86%

Deepest drop · 1Y−8.6%

Lowest point · 5Y−19.9%

52-week range

$23.09

$20.85−5.7% from the high$24.49

ZEGA ZHDG · past-year price moves · as of Nov 6, 2026

ZHDG

Fund Facts

Today

2021launched Jul 6

Tracks[…]

Exchange · CUSIPAMEX · 886364660

StructureETF

Leverage1x

Cost on $10,000$95 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

ZEGA ZHDG · fund facts · as of Nov 6, 2026

ZHDG

Payouts by Year

$0.58per share, Dec 2025

Distribution yield2.5%

PaidOnce a year, in December

Latest ex-date · paidDec 24 · Dec 26, 2025

5 payouts added up$2.22 a share

ZEGA ZHDG · distributions by ex-date · 2021–2025

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$23.59

Premium / discount[…]

Median spread · 30D[…]

Volume today11K

Average volume · 30D4K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.95%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$95.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Dec 24, 2025	Dec 26, 2025	$0.58
Dec 24, 2024	Dec 27, 2024	$0.53
Dec 22, 2023	Dec 28, 2023	$0.27
Dec 23, 2022	Dec 28, 2022	$0.57
Dec 22, 2021	Dec 28, 2021	$0.28

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