Multistrategy ETFs and funds combine several alternative or absolute-return approaches within one portfolio, such as long-short equity, relative value, event driven, macro, arbitrage, or trend following. Diversifying strategy drivers can reduce reliance on any single approach, but complexity and costs may be higher.

Multistrategy

The Frontier Asset Absolute Return ETF is an actively managed fund-of-funds that seeks long-term total return through an absolute return approach, investing primarily in ETFs across equities, fixed income, commodities, currencies, and alternative strategies.

NYSEArca

FARX

The DGA Core Plus Absolute Return ETF (HF) is an actively managed fund-of-funds that seeks long-term capital appreciation with capital preservation as a secondary objective by applying an absolute return approach through a proprietary analytical model. Sub-advised by Days Global Advisors, it invests in unaffiliated U.S.-listed ETFs without limitation as to geography or asset class, spanning U.S. and foreign equities, fixed income, currencies, and commodities.

NYSE

HFND

The Twin Oak Short Horizon Absolute Return ETF is an actively managed alternatives ETF that seeks capital appreciation with stable returns using short-horizon options strategies across market exposures.

TOAK

The Return Stacked Bonds & Futures Yield ETF (RSBY) is an actively managed fund that seeks long-term capital appreciation by investing in a U.S. bond portfolio and employing a futures yield strategy across major asset classes, utilizing leverage to provide 2x total exposure (1x bonds + 1x futures).

Symbol	Name	Sharpe Ratio (1Y)	Sharpe Ratio (5Y)	Sharpe Ratio (10Y)	Risk / Return Rank
FARX	Frontier Asset Absolute Return ETF	2.44	—	—	92
HF	DGA Core Plus Absolute Return ETF	1.88	—	—	77
HFND	Unlimited HFND Multi-Strategy Return Tracker ETF	1.59	—	—	67
TOAK	Twin Oak Short Horizon Absolute Return ETF	1.24	—	—	56
RSBY	Return Stacked Bonds & Futures Yield ETF	1.06	—	—	36

Top Multistrategy ETFs by Sharpe Ratio

Top Multistrategy ETFs by Sharpe Ratio