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.

Hedge Fund

Cboe US

MRGR

State Street Multi-Asset Real Return ETF seeks capital appreciation and current income through exposure to inflation-protected securities, real estate, commodities, infrastructure, and natural-resource companies.

Symbol	Name	Sharpe Ratio (1Y)	Sharpe Ratio (5Y)	Sharpe Ratio (10Y)	Risk / Return Rank
MRGR	Proshares Merger ETF	2.56	1.12	0.69	95
RLY	State Street Multi-Asset Real Return ETF	2.38	0.79	0.58	85
WTMF	WisdomTree Managed Futures Strategy Fund	1.89	0.65	0.41	80
SHUS	Syntax Stratified U.S. Total Market Hedged ETF	1.58	—	—	61
GMOM	Cambria Global Momentum ETF	1.55	0.52	0.53	57

Top Hedge Fund ETFs by Sharpe Ratio

Top Hedge Fund ETFs by Sharpe Ratio