Accelerate Absolute Return Fund
Portfolio Protector.
The Accelerate Absolute Return Fund (TSX:HDGE, HDGE.U) is a quantitative long-short equity hedge fund that seeks to achieve attractive risk-adjusted returns with low correlation to the broad equity markets.
About the Fund
The Accelerate Absolute Return Fund (TSX: HDGE, HDGE.U) is a quantitative long-short equity hedge fund that seeks to achieve attractive risk-adjusted returns with low correlation to the broad equity markets.
Investment Objectives
- Target 10-15% annualized returns
- Generate positive returns irrespective of market direction
- Hedge downside risk
- Manage volatility
- Provide uncorrelated returns
Accelerate Absolute Return Fund Explained:
HDGE TRADING DATA
NAV:
Date:
QUICK FACTS
Type:
Long-short equity
Structure:
Alternative ETF
Date Started:
May 10, 2019
Management Fee:
0.00%
Performance Fee:
20% of outperformance over high water mark
Investment Manager:
Accelerate Financial Technologies Inc.
Distribution:
$0.10 per quarter
Exchange:
TSX
Currency:
CAD/USD
Risk Rating:
Medium
Track Record
Investment Process
HDGE utilizes a systematic, proprietary multi-factor model to sort and rank all liquid North American stocks based on five principal factors:
- Value
- Quality
- Price Momentum
- Operating Momentum
- Trend
The Fund is long a portfolio of stocks chosen from those having the highest expected return according to our data-driven multi-factor model. At the same time, the Fund is short a portfolio of of stocks chosen from those having the lowest expected return. The portfolio is rebalanced on a monthly basis to achieve the highest expected risk-adjusted return for investors.
Performance as of 2026-Sep-30
| 1 Month | 3 Months | YTD | 1 Year | 3 Years | 5 Years | Since Inception | ||
|---|---|---|---|---|---|---|---|---|
| HDGE | 3.9% | -0.3% | 1.8% | 2.0% | 7.4% | 12.2% | 6.4% |
Fund Characteristics as of 2026-Sep-30
| Long | Short | |
|---|---|---|
| Number of Securities | 67 | 63 |
| Average Market Cap ($mm) | $147,860 | $36,509 |
| Median Market Cap ($mm) | $6,404 | $4,012 |
| Beta | 1.0 | 1.2 |
| EBITDA/EV | 9.6% | 3.4% |
| FCF/EV | 7.5% | -3.3% |
| Trailing Return | 93.1% | -23.4% |
| Pct of 52 Week High | 88.1% | 51.1% |
| Return on Capital | 25.3% | -5.3% |
| Gross Profits/Assets | 9.0% | 3.8% |
| 50 DMA to 200 DMA | 120.3% | 87.0% |
| EPS Revision | -0.7% | -3.5% |
| Change In Shares | -3.7% | 4.5% |
| Earnings Abnormal Return | 4.2% | -3.1% |
Sector Weightings as of 2026-Sep-30
| Long | Short | |
|---|---|---|
| Communication Services | 4.7% | -2.6% |
| Consumer Discretionary | 16.1% | -4.7% |
| Consumer Staples | 4.6% | -0.6% |
| Energy | 17.5% | 0.0% |
| Financials | 23.4% | -4.5% |
| Health Care | 6.5% | -2.7% |
| Industrials | 14.5% | -9.2% |
| Information Technology | 15.7% | -7.9% |
| Materials | 4.7% | -6.9% |
| Real Estate | 0.0% | -1.3% |
| Utilities | 0.0% | -1.3% |
Top Holdings as of 2026-Sep-30
| Long Security Name | Weight | |
|---|---|---|
| Fortinet Inc | 1.9% | |
| Victorias Secret & Co | 1.9% | |
| NetApp Inc | 1.8% | |
| RingCentral Inc | 1.8% | |
| AMN Healthcare Services Inc | 1.8% | |
| International Seaways Inc | 1.8% | |
| Micron Technology Inc | 1.8% | |
| Zebra Technologies Corp | 1.8% | |
| Crocs Inc | 1.7% | |
| Lam Research Corp | 1.7% | |
| NVIDIA Corp | 1.7% | |
| Rockwell Automation Inc | 1.7% | |
| Macys Inc | 1.7% | |
| EnerSys | 1.7% | |
| Ross Stores Inc | 1.7% | |
| Comfort Systems USA Inc | 1.7% | |
| Valero Energy Corp | 1.7% | |
| Sandisk Corp | 1.7% | |
| PBF Energy Inc | 1.7% | |
| Wesdome Gold Mines Ltd | 1.7% | |
| Dell Technologies Inc | 1.6% | |
| HF Sinclair Corp | 1.6% | |
| Paycom Software Inc | 1.6% | |
| Marathon Petroleum Corp | 1.6% | |
| Phillips 66 | 1.6% | |
| Tapestry Inc | 1.6% | |
| Matson Inc | 1.6% | |
| Tenet Healthcare Corp | 1.6% | |
| Match Group Inc | 1.6% | |
| Victory Capital Holdings Inc | 1.6% | |
| Travelers Cos Inc/The | 1.6% | |
| Midland States Bancorp Inc | 1.6% | |
| Chemed Corp | 1.6% | |
| EMCOR Group Inc | 1.6% | |
| AMC Global Media Inc | 1.6% | |
| Pitney Bowes Inc | 1.6% | |
| Heritage Insurance Holdings Inc | 1.6% | |
| Loblaw Cos Ltd | 1.6% | |
| Cathay General Bancorp | 1.6% | |
| Griffon Corp | 1.6% | |
| Expedia Group Inc | 1.6% | |
| Talos Energy Inc | 1.6% | |
| Carter Bankshares Inc | 1.6% | |
| Hamilton Insurance Group Ltd | 1.6% | |
| WSFS Financial Corp | 1.6% | |
| Hanover Insurance Group Inc/Th | 1.6% | |
| Royal Bank of Canada | 1.6% | |
| Delek US Holdings Inc | 1.6% | |
| Oscar Health Inc | 1.5% | |
| Garrett Motion Inc | 1.5% | |
| Quebecor Inc | 1.5% | |
| Popular Inc | 1.5% | |
| Cardinal Health Inc | 1.5% | |
| Tamarack Valley Energy Ltd | 1.5% | |
| Steel Dynamics Inc | 1.5% | |
| Federated Hermes Inc | 1.5% | |
| Spectrum Brands Holdings Inc | 1.5% | |
| Nucor Corp | 1.5% | |
| Aritzia Inc | 1.5% | |
| Marex Group Ltd | 1.5% | |
| Bread Financial Holdings Inc | 1.5% | |
| Callaway Golf Co | 1.5% | |
| Maplebear Inc | 1.5% | |
| Tidewater Inc | 1.4% | |
| Abercrombie & Fitch Co | 1.4% | |
| Allison Transmission Holdings | 1.4% | |
| TechnipFMC PLC | 1.4% |
DISCLAIMER: This information on this web page does not constitute investment, legal or tax advice. Performance is inclusive of reinvested distributions. Past performance is not indicative of future results. Any data provided on this web page should not be viewed as a recommendation or solicitation of an offer to buy or sell any securities or investment strategies. The information on this web page is based on market conditions and may fluctuate and change without notice. Accelerate does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this website and any liability is expressly disclaimed.
