Tema Alternative Asset Managers ETF (AAUM) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AAUM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AAUM
AAUM charges 0.75% annually. There are 35 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR ETF | 0.08% | 50.57B | Dec 1998 | AAUM vs XLF | |
| Fidelity MSCI Financials Index ETF | 0.08% | 2.17B | Oct 2013 | AAUM vs FNCL | |
| Vanguard Financials ETF | 0.09% | 13.50B | Jan 2004 | AAUM vs VFH | |
| VanEck Financials TruSector ETF | 0.10% | — | Apr 2026 | AAUM vs TRUF | |
| Gabelli Financial Services Opportunities ETF | 0.10% | 50.20M | May 2022 | AAUM vs GABF |
Best Risk-Adjusted Alternatives to AAUM
Among 41 ETFs in the Financials Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 92 | 5.04M | Oct 2024 | AAUM vs HSBH | |
| Themes Global Systemically Important Banks ETF | 79 | 27.41M | Dec 2023 | AAUM vs GSIB | |
| iShares MSCI Europe Financials ETF | 55 | 3.67B | Jan 2010 | AAUM vs EUFN | |
| Invesco KBW Bank ETF | 49 | 6.53B | Nov 2011 | AAUM vs KBWB | |
| Invesco S&P SmallCap Financials ETF | 42 | 26.87M | Apr 2010 | AAUM vs PSCF |
Top Performing AAUM Alternatives (YTD)
AAUM is at -18.14% YTD. There are 42 ETFs in the Financials Equities category with higher YTD returns, going as high as 26.86%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 26.86% | 5.04M | Oct 2024 | AAUM vs HSBH | |
| First Trust NASDAQ ABA Community Bank Index Fund | 20.74% | 87.68M | Jun 2009 | AAUM vs QABA | |
| SPDR S&P Regional Banking ETF | 17.11% | 4.62B | Jun 2006 | AAUM vs KRE | |
| Invesco S&P SmallCap Financials ETF | 15.91% | 26.87M | Apr 2010 | AAUM vs PSCF | |
| Portfolio Building Block European Banks Index ETF | 15.32% | 22.30M | Nov 2025 | AAUM vs PBEU |
Lowest Volatility Alternatives to AAUM
AAUM has 27.68% 1-year volatility. There are 42 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 8.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverNorth Enhanced Pre-Merger SPAC ETF | 8.88% | 7.15M | Jul 2022 | AAUM vs SPCZ | |
| iShares MSCI Kuwait ETF | 13.38% | 69.27M | Sep 2020 | AAUM vs KWT | |
| VanEck Financials TruSector ETF | 13.75% | — | Apr 2026 | AAUM vs TRUF | |
| iShares Global Financials ETF | 13.85% | 589.29M | Nov 2001 | AAUM vs IXG | |
| iShares U.S. Financials ETF | 14.60% | 3.91B | May 2000 | AAUM vs IYF |
Lowest Drawdown Alternatives to AAUM
Among 41 ETFs in the Financials Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -3.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverNorth Enhanced Pre-Merger SPAC ETF | -3.82% | 7.15M | Jul 2022 | AAUM vs SPCZ | |
| iShares U.S. Insurance ETF | -7.62% | 417.15M | May 2006 | AAUM vs IAK | |
| Invesco KBW Property & Casualty Insurance ETF | -9.56% | 269.53M | Dec 2010 | AAUM vs KBWP | |
| Invesco S&P SmallCap Financials ETF | -9.91% | 26.87M | Apr 2010 | AAUM vs PSCF | |
| iShares Global Financials ETF | -11.33% | 589.29M | Nov 2001 | AAUM vs IXG |
Often Compared With AAUM
Investors most often compare AAUM with FTXO, KBE, FDIQ. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| First Trust Nasdaq Bank ETF | Financials Equities | 35 | 11.46% | 303.64M | Sep 2016 | AAUM vs FTXO | |
| SPDR S&P Bank ETF | Financials Equities | 31 | 14.34% | 1.57B | Nov 2005 | AAUM vs KBE | |
| Invesco Bloomberg Financial Data Providers ETF | Financials Equities | 22 | 10.66% | 46.65M | Nov 2011 | AAUM vs FDIQ | |
| iShares U.S. Regional Banks ETF | Financials Equities | 33 | 15.06% | 657.23M | May 2006 | AAUM vs IAT |
Compare AAUM with Any Fund or Stock
Compare AAUM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AAUM with funds that move differently
Tema Alternative Asset Managers ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AAUM.
Explore AAUM Diversifiers