Summary
ZHDG
Prices · period metrics · 12M
NAV as of 31/08/2026
02/04/2025 → 02/04/2026
Return 12.68% Volatility 11.82% Sharpe 0.69
Official loaded data — not a live quote.

ZEGA BUY AND HEDGE ETF

Symbol: ZHDG

Exchange: NYSE

Sector: Technology

Category: Derivative Income

Inception date: 06/07/2021

Latest date: 31/08/2026

Current price: $23.96

Expense ratio: 0.97%

Assets under management
$35.2M
0.15% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
--
--

Performance metrics

Period total return

0.59%

Ann. -46.00% (Sharpe / Sortino numerator)

Volatility

15.54%

Sharpe ratio

-3.194

VaR 95%

-1.62%

CVaR 95%: -1.67%
Max drawdown: -6.89%
Sortino ratio: -5.885
Calmar ratio: -6.68

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

0.35%

Ann. -20.65% (Sharpe / Sortino numerator)

Volatility

13.39%

Sharpe ratio

-1.813

VaR 95%

-1.53%

CVaR 95%: -1.70%
Max drawdown: -8.56%
Sortino ratio: -2.912
Calmar ratio: -2.41

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

6.70%

Ann. -9.02% (Sharpe / Sortino numerator)

Volatility

11.53%

Sharpe ratio

-1.097

VaR 95%

-1.38%

CVaR 95%: -1.63%
Max drawdown: -8.56%
Sortino ratio: -1.600
Calmar ratio: -1.05

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

12.68%

Ann. 11.77% (Sharpe / Sortino numerator)

Volatility

11.82%

Sharpe ratio

0.689

VaR 95%

-1.34%

CVaR 95%: -1.68%
Max drawdown: -8.56%
Sortino ratio: 0.988
Calmar ratio: 1.38

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

27.67%

Ann. 9.40% (Sharpe / Sortino numerator)

Volatility

11.74%

Sharpe ratio

0.491

VaR 95%

-1.35%

CVaR 95%: -1.73%
Max drawdown: -11.63%
Sortino ratio: 0.660
Calmar ratio: 0.81

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

44.38%

Ann. 11.20% (Sharpe / Sortino numerator)

Volatility

10.76%

Sharpe ratio

0.703

VaR 95%

-1.17%

CVaR 95%: -1.60%
Max drawdown: -11.63%
Sortino ratio: 0.953
Calmar ratio: 0.96

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 02/09/2025 - 31/08/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.05%

Best day

1.989%

15/06/2026
Worst day

-2.186%

05/06/2026
Days with data

249

Recent price history (last 90 days)

Date Open High Low Close Volume
31/08/2026 $23.93 $24.09 $23.82 $23.96 1,600
27/08/2026 $24.02 $24.26 $23.91 $24.08 9,000
26/08/2026 $24.06 $24.06 $23.86 $23.96 2,400
25/08/2026 $23.87 $23.95 $23.87 $23.95 3,200
24/08/2026 $23.79 $24.03 $23.74 $23.87 5,000
21/08/2026 $23.93 $24.10 $23.78 $23.94 43,800
20/08/2026 $24.21 $24.21 $23.86 $23.94 9,300
19/08/2026 $24.08 $24.28 $24.04 $24.05 3,700
18/08/2026 $24.18 $24.18 $24.02 $24.02 3,000
17/08/2026 $24.27 $24.36 $24.27 $24.32 5,000