ZHDG – ZEGA Buy and Hedge ETF

ZEGA Buy and Hedge ETF (ZHDG) is a Derivative Income ETF, issued by ZEGA Investments LLC, $33M in assets, 0.97% expense ratio.

Returns as of Oct 23, 2026: 1 week -0.5%, 1 year +12.0%.

Combines options and fixed income securities. Seeks exposure to S&P 500 through call options and FLexible EXchange® Options.

Top holdings

• FGXXX – First American Funds Inc. - Government Obligations Fund, 0.3%

Important ETFs