Summary
Clough Hedged Equity ETF is an ETF - a fund traded on an exchange like a stock - run by Changebridge. Positions inside: 59. The ten largest make up 60% of the fund.
- Yearly costs
- 1.89%
- Fund size
- $30.8M
- Positions
- 59
- Dividend yield
- 0.87%
- Running since
- 2020
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 60% of the fund, so its result rests on a few names.
- 89% of the fund is in one country (United States).
- Costs of 1.89% a year are above the middle of comparable funds (0.45%).
- In the last five years its price once dropped by 33% from its high.
- A small fund with $30.8M under management; small funds get closed more often.
- It trades little: only about $304.6K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -11%
- 3 months
- -7.7%
- This year
- +3.2%
- 1 year
- +1.4%
- 3 years
- +46%
- 5 years
- +6.6%
- Avg. market cap
- $533.8B
- P/E
- 23.2x
- Forward P/E
- 21.3x
- P/S
- 3.1x
- P/B
- 4.4x
- P/FCF
- 20.2x
- EV/EBITDA
- 14.1x
- Dividend yield
- 0.95%
- ROIC
- 16.5%
- ROE
- 35.7%
- Gross margin
- 50.9%
- Operating margin
- -153.4%
- Net margin
- -92.5%
- Payout ratio
- 22.1%
- Net debt/EBITDA
- 1.7x
- Beta
- 0.71
Weighted average of the 37 largest companies, which make up 96% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 BROKER SWEEP 33%
- 2 SNSharkNinja, Inc. SN 3.4%
- 3 RORollins, Inc. ROL 3.2%
- 4 UNUnitedHealth UNH 3.1%
- 5 SISiTime Corporation SITM 3.0%
- 6 SCService Corporation International SCI 2.9%
- 7 SPSpotify SPOT 2.9%
- 8 AEAgnico Eagle Mines AEM 2.9%
- 9 CMChipotle Mexican Grill CMG 2.9%
- 10 MSMicrosoft MSFT 2.9%
Positions in the fund: 59. The ten largest make up 60% of it.
Composition as of Nov 7, 2026.
Where is it spread?
One countryBy sector
- Technology 27%
- Energy 19%
- Consumer cyclical 6.0%
- Basic materials 4.8%
- Utilities 2.4%
- Other 52%
By country
- United States 89%
- South Korea 2.9%
- Netherlands 2.8%
- Taiwan 2.8%
- Other countries 2.7%
By company size
- Mega cap 32%
- Large cap 56%
- Mid cap 11%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (27%). Largest country: United States (89%). Largest size group: Large cap (56%).
What does it cost me?
Expensive- A year from $10,000
- $189
- Over 20 years
- $8,082
From every $10,000 invested the fund takes $189 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $8,082.
How has it done?
Growing slowly- A year on average, 5 years
- +1.3%
- Deepest drop
- -33%
- Yearly volatility
- 20%
Average yearly growth over the last five years: 1.3%. Deepest drop in these years: 33% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.87%
- Payments a year
- 1
- Last payment
- $0.25
Over the last 12 months it paid $0.25 per share, which is 0.87% of today's price. The last payment was $0.25 on Dec 30, 2025.
Is it easy to buy and sell?
It trades little- Traded a day
- $304.6K
- Shares a day
- 11K
On an average day about $304.6K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 23.2
- Average Bulios Score
- 67 out of 100
Weight by Bulios Fair Price
- Undervalued 6.3%
- Fairly valued 11%
- Overvalued 83%
On average the companies inside trade for 23.2 times their yearly profit. By Fair Price, 83% of the rated weight comes out as overvalued.
Counted from its largest companies (37), which make up 96% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
CB CBSE Clough Select Equity ETF | United States | 0.85% | $42.3M | +7.3% | Pays out | 91% |
GA GARY Mango Growth ETF | United States | 0.77% | $271.9M | - | - | 28% |
LO LOGO Alpha Brands Consumption Leaders ETF | United States | 0.69% | $31.6M | -5.7% | - | 27% |
JH JHAI Janus Henderson Global Artificial Intelligence ETF | United States | 0.59% | $26.0M | +6.8% | Pays out | 27% |
HE HEMI Hartford Equity Premium Income ETF | United States | 0.58% | $35.7M | - | Pays out | 26% |
TL TLF.TO Brompton Tech Leaders Income ETF | Canada | 0.75% | $77.0M | +3.5% | Pays out | 26% |