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The Best Hedge Fund ETFs

The table below compares the performance and other essential indicators like dividend yield and expense ratio of Hedge Fund ETFs.

Hedge fund ETFs are a type of exchange-traded fund (ETF) that aim to replicate the returns of a hedge fund or a basket of hedge funds. They typically use a variety of strategies, such as long-short, market neutral, and event-driven, to generate returns.

Hedge fund ETFs aim to provide investors with access to hedge fund strategies and returns, which are traditionally only available to high-net-worth individuals and institutional investors. They offer a lower-cost and more liquid alternative to investing directly in a hedge fund.

Number of ETFs
18
Avg. Expense Ratio
0.73%
Avg. Dividend Yield
4.66%
Avg. 1 Year Return
14.24%
Median Risk/Return Score
47 / 100
The Best Hedge Fund ETFs

18 results

SymbolFull NameCategoryInceptionExpense RatioYTD Return10Y Return (Annualized)Dividend Yield

Risk / Return Rank

Max. DrawdownSharpe RatioSortino RatioOmega RatioMartin RatioCalmar RatioUlcer Index
Aptus Drawdown Managed Equity ETFHedge FundJun 8, 20160.79%
6.70%
8.60%
0.38%
45
AltShares Merger Arbitrage ETFHedge FundMay 7, 20200.87%
1.90%
0.42%
69
First Trust Managed Futures Strategy FundHedge FundAug 1, 20130.95%
6.97%
2.71%
5.06%
67
First Trust Dorsey Wright Dynamic Focus 5 ETFHedge FundMar 18, 20160.71%
16.14%
8.75%
1.30%
45
Gadsden Dynamic Multi-Asset ETFHedge FundNov 14, 20180.77%
10.12%
2.54%
61
Cambria Global Momentum ETFMomentum, Hedge FundNov 4, 20140.96%
5.82%
6.95%
1.54%
48
IQ Merger Arbitrage ETFHedge FundNov 17, 20090.77%
1.87%
2.95%
0.00%
36
Proshares Merger ETFHedge FundDec 11, 20120.75%
2.28%
3.58%
2.97%
94
Agility Shares Managed Risk ETFHedge FundJun 25, 20200.99%
3.07%
0.36%
42
Simplify Interest Rate Hedge ETFHedge FundMay 10, 20210.50%
-10.16%
10.79%
6
Global X NASDAQ 100 Collar 95-110 ETFNasdaq-100, Hedge FundAug 25, 20210.60%
-0.29%
14.93%
20
NEOS Nasdaq-100 Hedged Equity Income ETFNasdaq-100, Hedge FundDec 19, 20190.68%
5.16%
9.05%
46
Global X NASDAQ 100 Tail Risk ETFNasdaq-100, Hedge FundAug 25, 20210.60%
13.06%
16.60%
48
SPDR SSgA Multi-Asset Real Return ETFHedge FundApr 25, 20120.50%
11.25%
8.00%
3.18%
78
Strategy Shares Newfound/ReSolve Robust Momentum E...Momentum, Hedge FundNov 1, 20190.82%
4.45%
8.49%
29
RPAR Risk Parity ETFHedge FundDec 13, 20190.51%
5.08%
2.12%
41
Syntax Stratified U.S. Total Market Hedged ETFHedge FundJun 15, 20210.65%
10.32%
1.25%
61
WisdomTree Managed Futures Strategy FundHedge FundJan 5, 20110.65%
6.76%
3.12%
2.85%
81

Rows per page

1–18 of 18

Best Hedge Fund ETFs by Risk/Return Score

The top Hedge Fund ETFs by PortfoliosLab Risk/Return Score are MRGR (94) and WTMF (81). The score measures risk-adjusted performance over the past year, accounting for volatility, drawdown, and return consistency.

Best-Performing Hedge Fund ETFs Over 5 Years

The top Hedge Fund ETFs is PFIX (16.63%). Across the lineup, Hedge Fund ETFs show an average 1-year return of 14.24% and an average 5-year return of 6.39%, providing a clearer view of performance across different investment horizons.

SymbolNameReturn 5YAUMInception
Simplify Interest Rate Hedge ETF
16.63%
181.72MMay 2021
SPDR SSgA Multi-Asset Real Return ETF
9.62%
1.16BApr 2012
NEOS Nasdaq-100 Hedged Equity Income ETF
8.12%
377.68MDec 2019
Gadsden Dynamic Multi-Asset ETF
8.06%
160.49MNov 2018
Agility Shares Managed Risk ETF
7.59%
320.77MJun 2020

Lowest-Cost Hedge Fund ETFs

The top Hedge Fund ETFs is PFIX (0.50%). With an average expense ratio of 0.73%, Hedge Fund ETFs remain a low-cost option for investors seeking broad market exposure, sector allocations, and diversified portfolio building blocks.

SymbolNameExpense RatioAUMInception
Simplify Interest Rate Hedge ETF0.50%181.72MMay 2021
SPDR SSgA Multi-Asset Real Return ETF0.50%1.16BApr 2012
RPAR Risk Parity ETF0.51%591.38MDec 2019
Global X NASDAQ 100 Tail Risk ETF0.60%7.56MAug 2021
Global X NASDAQ 100 Collar 95-110 ETF0.60%3.40MAug 2021

Highest-Yield Hedge Fund ETFs

The top Hedge Fund ETFs is QTR (16.60%). Across the lineup, Hedge Fund ETFs show an average dividend yield of 4.66%, offering investors a steady stream of income through regular dividend payments, making them attractive for income-seeking portfolios.

Top ETFs Categories


Top ETFs Comparisons

Compare the top ETFs symbols based on PortfoliosLab usage data.

Risk vs. Return Scatterplot

The Risk vs. Return Scatterplot allows you to quickly compare funds, stocks, and ETFs in one view. It displays the yearly return of an instrument on one axis and the risk (volatility) on the other.

0%Annualized Volatility0%Annualized Return

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