HCM Hedged Equity ETF (HAWG)

The HCM Hedged Equity ETF (HAWG) is an actively managed exchange-traded fund listed on NYSE Arca.

As its name indicates, the fund invests in equities while using a hedging approach intended to reduce the impact of significant market declines. Hedged equity strategies typically combine stock holdings with options, short positions or tactical shifts to cash or bonds in order to manage downside risk.