Performance analysis of ZHDG (ZEGA BUY AND HEDGE ETF)
Annual Return
Over the past 3 years, ZHDG has had an average annual return of +11.95%, underperforming the benchmark SPY, which returned +19.31% annual.
Over the past 5 years, ZHDG has had an average annual return of +5.51%, underperforming the benchmark SPY, which returned +12.55% annual.
Since Jul 7, 2021, ZHDG has had an average annual return of +5.45%, underperforming the benchmark SPY, which returned +12.72% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +3.22% | +14.33% | +17.99% | +13.13% | -22.07% | +6.40% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.03% | -0.97% | -5.72% | +8.02% | +4.51% | -1.30% | -0.74% | +3.22% | |||||
| 2025 | +1.67% | -1.34% | -4.93% | +0.67% | +5.18% | +3.95% | +1.76% | +1.47% | +3.29% | +2.39% | -0.54% | +0.28% | +14.33% |
| 2024 | +0.84% | +2.98% | +2.96% | -3.88% | +3.90% | +3.73% | +1.02% | +1.78% | +2.02% | -0.77% | +5.17% | -2.69% | +17.99% |
| 2023 | +4.29% | -2.43% | +2.49% | +0.50% | -0.07% | +5.15% | +2.73% | -0.61% | -4.56% | -2.35% | +6.27% | +1.58% | +13.13% |
| 2022 | -5.08% | -2.65% | +1.95% | -7.26% | -0.49% | -8.41% | +6.02% | -3.43% | -5.07% | +4.54% | +2.23% | -5.76% | -22.07% |
| 2021 | +0.47% | +2.06% | -3.40% | +4.33% | -0.60% | +3.58% | +6.40% |
Drawdown analysis of ZHDG (ZEGA BUY AND HEDGE ETF)
The maximum drawdown for the ZHDG was -23.27%, occurring on Dec 28, 2022. Recovery took 433 trading sessions.
The current ZHDG drawdown is -2.39%.
Since Jul 7, 2021 ZHDG has experienced the following drawdowns:
- 20% or more: 1 time
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.27% | Dec 28, 2021 | 252 | Dec 28, 2022 | 433 | Sep 19, 2024 | 685 |
| -11.65% | Dec 6, 2024 | 90 | Apr 21, 2025 | 44 | Jun 24, 2025 | 134 |
| -8.56% | Jan 27, 2026 | 43 | Mar 30, 2026 | 22 | Apr 30, 2026 | 65 |
| -4.47% | Sep 3, 2021 | 20 | Oct 4, 2021 | 16 | Oct 26, 2021 | 36 |
| -4.02% | Jun 2, 2026 | 6 | Jun 10, 2026 | Ongoing | Ongoing | Ongoing |
| -3.79% | Oct 28, 2025 | 17 | Nov 20, 2025 | 31 | Jan 7, 2026 | 48 |
| -2.95% | Nov 5, 2021 | 17 | Dec 1, 2021 | 5 | Dec 8, 2021 | 22 |
| -2.81% | Oct 14, 2024 | 15 | Nov 4, 2024 | 2 | Nov 6, 2024 | 17 |
| -2.35% | Jan 7, 2026 | 8 | Jan 20, 2026 | 5 | Jan 27, 2026 | 13 |
| -2.30% | Jul 25, 2025 | 5 | Aug 1, 2025 | 7 | Aug 12, 2025 | 12 |
| -2.23% | Oct 8, 2025 | 2 | Oct 10, 2025 | 10 | Oct 24, 2025 | 12 |
| -1.94% | Dec 10, 2021 | 6 | Dec 20, 2021 | 3 | Dec 23, 2021 | 9 |
| -1.87% | May 14, 2026 | 3 | May 19, 2026 | 4 | May 26, 2026 | 7 |
| -1.86% | Nov 11, 2024 | 4 | Nov 15, 2024 | 7 | Nov 26, 2024 | 11 |
| -1.71% | Jul 14, 2021 | 3 | Jul 19, 2021 | 4 | Jul 23, 2021 | 7 |
| -1.49% | Aug 28, 2025 | 2 | Sep 2, 2025 | 5 | Sep 9, 2025 | 7 |
| -1.36% | Aug 14, 2025 | 5 | Aug 21, 2025 | 4 | Aug 27, 2025 | 9 |
| -1.34% | Sep 22, 2025 | 3 | Sep 25, 2025 | 4 | Oct 1, 2025 | 7 |
| -0.90% | Jul 3, 2025 | 1 | Jul 7, 2025 | 8 | Jul 17, 2025 | 9 |
| -0.85% | Sep 30, 2024 | 1 | Oct 1, 2024 | 5 | Oct 8, 2024 | 6 |
| -0.83% | Jul 7, 2021 | 1 | Jul 8, 2021 | 1 | Jul 9, 2021 | 2 |
| -0.80% | Aug 16, 2021 | 2 | Aug 18, 2021 | 3 | Aug 23, 2021 | 5 |
| -0.73% | Jul 26, 2021 | 5 | Aug 2, 2021 | 7 | Aug 11, 2021 | 12 |
| -0.56% | Dec 8, 2021 | 1 | Dec 9, 2021 | 1 | Dec 10, 2021 | 2 |
| -0.47% | May 11, 2026 | 1 | May 12, 2026 | 1 | May 13, 2026 | 2 |