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
- 20
- Avg. Expense Ratio
- 0.70%
- Avg. Dividend Yield
- 5.02%
- Avg. 1 Year Return
- 16.53%
- Median Risk/Return Score
- 55 / 100
The Best Hedge Fund ETFs
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| Symbol | Full Name | Category | Inception | Expense Ratio | YTD Return | 10Y Return (Annualized) | Dividend Yield | Risk / Return Rank | Max. Drawdown | Sharpe Ratio | Sortino Ratio | Omega Ratio | Martin Ratio | Calmar Ratio | Ulcer Index |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| iMGP DBi Managed Futures Fund R EUR UCITS ETF Acc | Hedge Fund | Mar 24, 2025 | 0.75% | 12.65% | — | 0.00% | 52 |
Best Hedge Fund ETFs by Risk/Return Score
The top Hedge Fund ETFs by PortfoliosLab Risk/Return Score are MRGR (92) and RLY (89).
The score measures risk-adjusted performance over the past year, accounting for volatility, drawdown, and return consistency.
| Symbol | Name | Risk / Return Rank | AUM | Inception |
|---|---|---|---|---|
| Proshares Merger ETF | 92 | 15.87M | Dec 2012 | |
| SPDR SSgA Multi-Asset Real Return ETF | 89 | 1.21B | Apr 2012 | |
| AltShares Merger Arbitrage ETF | 80 | 90.93M | May 2020 | |
| WisdomTree Managed Futures Strategy Fund | 78 | 233.61M | Jan 2011 | |
| First Trust Managed Futures Strategy Fund | 70 | 259.69M | Aug 2013 |
Best-Performing Hedge Fund ETFs Over 5 Years
The top Hedge Fund ETFs is PFIX (17.12%).
Across the lineup, Hedge Fund ETFs show an average 1-year return of 16.53% and an average 5-year return of 6.55%, providing a clearer view of performance across different investment horizons.
| Symbol | Name | Return 5Y | AUM | Inception |
|---|---|---|---|---|
| Simplify Interest Rate Hedge ETF | 17.12% | 231.13M | May 2021 | |
| Xtrackers MSCI EAFE Hedged Equity ETF | 12.78% | 8.81B | Jun 2011 | |
| SPDR SSgA Multi-Asset Real Return ETF | 9.92% | 1.21B | Apr 2012 | |
| NEOS Nasdaq-100 Hedged Equity Income ETF | 8.77% | 375.87M | Dec 2019 | |
| Agility Shares Managed Risk ETF | 7.82% | 320.77M | Jun 2020 |
Lowest-Cost Hedge Fund ETFs
The top Hedge Fund ETFs is DBEF (0.36%).
With an average expense ratio of 0.70%, Hedge Fund ETFs remain a low-cost option for investors seeking broad market exposure, sector allocations, and diversified portfolio building blocks.
| Symbol | Name | Expense Ratio | AUM | Inception |
|---|---|---|---|---|
| Xtrackers MSCI EAFE Hedged Equity ETF | 0.36% | 8.81B | Jun 2011 | |
| SPDR SSgA Multi-Asset Real Return ETF | 0.50% | 1.21B | Apr 2012 | |
| Simplify Interest Rate Hedge ETF | 0.50% | 231.13M | May 2021 | |
| RPAR Risk Parity ETF | 0.51% | 607.77M | Dec 2019 | |
| Global X Russell 2000 Covered Call ETF | 0.60% | 1.34B | Apr 2019 |
Highest-Yield Hedge Fund ETFs
The top Hedge Fund ETFs is QTR (16.81%).
Across the lineup, Hedge Fund ETFs show an average dividend yield of 5.02%, offering investors a steady stream of income through regular dividend payments, making them attractive for income-seeking portfolios.
| Symbol | Name | Dividend Yield | AUM | Inception |
|---|---|---|---|---|
| Global X NASDAQ 100 Tail Risk ETF | 16.81% | 7.81M | Aug 2021 | |
| Global X NASDAQ 100 Collar 95-110 ETF | 14.72% | 4.03M | Aug 2021 | |
| Global X Russell 2000 Covered Call ETF | 11.73% | 1.34B | Apr 2019 | |
| Simplify Interest Rate Hedge ETF | 9.86% | 231.13M | May 2021 | |
| NEOS Nasdaq-100 Hedged Equity Income ETF | 9.00% | 375.87M | Dec 2019 |
Top ETFs Categories
Leveraged Equities · 533 ETFsEurope Equities · 519 ETFsGlobal Equities · 460 ETFsLarge Cap Blend Equities · 451 ETFsDerivative Income · 430 ETFsTechnology Equities · 382 ETFsDefined Outcome · 328 ETFsS&P 500 · 281 ETFsLarge Cap Growth Equities · 249 ETFsDividend · 213 ETFsEmerging Markets Equities · 207 ETFsForeign Large Cap Equities · 205 ETFsCorporate Bonds · 200 ETFsAsia Pacific Equities · 188 ETFsCryptocurrency · 182 ETFsGovernment Bonds · 175 ETFsLarge Cap Value Equities · 172 ETFsHigh Yield Bonds · 170 ETFsOptions Trading · 158 ETFsEnergy Equities · 151 ETFsMunicipal Bonds · 143 ETFsHealth & Biotech Equities · 135 ETFsNasdaq-100 · 130 ETFsREIT · 130 ETFsPrecious Metals · 122 ETFsDiversified Portfolio · 118 ETFsChina Equities · 115 ETFsEuropean Government Bonds · 115 ETFsFinancials Equities · 113 ETFsJapan Equities · 113 ETFs
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.
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5 Years