Hedgeye Index Adds ETF (ADDS) belongs to the Multi-factor category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ADDS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ADDS
ADDS charges 0.70% annually. There are 16 ETFs in the Multi-factor category with lower expense ratios, going as low as 0.11%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P 500 QVM Multi-factor ETF | 0.11% | 1.46B | Jun 2021 | ADDS vs QVML | |
| Invesco S&P SmallCap 600 QVM Multi-factor ETF | 0.15% | 249.67M | Jun 2021 | ADDS vs QVMS | |
| Invesco S&P MidCap 400 QVM Multi-factor ETF | 0.15% | 431.12M | Jun 2021 | ADDS vs QVMM | |
| Xtrackers Russell US Multifactor ETF | 0.17% | 299.22M | Nov 2015 | ADDS vs DEUS | |
| Vanguard U.S. Multifactor ETF | 0.18% | 703.20M | Feb 2018 | ADDS vs VFMF |
Best Risk-Adjusted Alternatives to ADDS
Among 17 ETFs in the Multi-factor category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard U.S. Multifactor ETF | 94 | 703.20M | Feb 2018 | ADDS vs VFMF | |
| VictoryShares US Multi-Factor Minimum Volatility E... | 92 | 155.27M | Jun 2017 | ADDS vs VSMV | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 87 | 290.05M | Aug 2017 | ADDS vs MFUS | |
| Invesco S&P SmallCap 600 QVM Multi-factor ETF | 81 | 249.67M | Jun 2021 | ADDS vs QVMS | |
| Xtrackers Russell US Multifactor ETF | 75 | 299.22M | Nov 2015 | ADDS vs DEUS |
Top Performing ADDS Alternatives (YTD)
Among 17 ETFs in the Multi-factor category with YTD return data, the top-performing alternatives shown here go as high as 22.08%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P SmallCap 600 QVM Multi-factor ETF | 22.08% | 249.67M | Jun 2021 | ADDS vs QVMS | |
| Vanguard U.S. Multifactor ETF | 21.46% | 703.20M | Feb 2018 | ADDS vs VFMF | |
| Principal U.S. Small Cap Multi-Factor ETF | 18.14% | 1.30B | Sep 2016 | ADDS vs PSC | |
| PIMCO RAFI Dynamic Multi-Factor Emerging Markets E... | 17.43% | 149.92M | Aug 2017 | ADDS vs MFEM | |
| Pacer Lunt MidCap Multi-Factor Alternator ETF | 17.34% | 53.99M | Jun 2020 | ADDS vs PAMC |
Lowest Volatility Alternatives to ADDS
ADDS has 39.67% 1-year volatility. There are 17 ETFs in the Multi-factor category with lower 1-year volatility, going as low as 9.34%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Multi-Factor Minimum Volatility E... | 9.34% | 155.27M | Jun 2017 | ADDS vs VSMV | |
| Global X Adaptive U.S. Factor ETF | 10.33% | 894.19M | Aug 2018 | ADDS vs AUSF | |
| Xtrackers Russell US Multifactor ETF | 11.11% | 299.22M | Nov 2015 | ADDS vs DEUS | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 11.34% | 290.05M | Aug 2017 | ADDS vs MFUS | |
| WisdomTree US Multifactor Fund | 11.50% | 298.30M | Jun 2017 | ADDS vs USMF |
Lowest Drawdown Alternatives to ADDS
Among 17 ETFs in the Multi-factor category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -5.18%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Multi-Factor Minimum Volatility E... | -5.18% | 155.27M | Jun 2017 | ADDS vs VSMV | |
| Global X Adaptive U.S. Factor ETF | -5.84% | 894.19M | Aug 2018 | ADDS vs AUSF | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 290.05M | Aug 2017 | ADDS vs MFUS | |
| WisdomTree US Multifactor Fund | -6.47% | 298.30M | Jun 2017 | ADDS vs USMF | |
| Xtrackers Russell US Multifactor ETF | -6.83% | 299.22M | Nov 2015 | ADDS vs DEUS |
Other ETFs from Hedgeye
The 3 most viewed Hedgeye ETFs shown here include HECA, HEFT, HELS and span 2 categories. AUM among these funds goes as high as $94M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Hedgeye Capital Allocation ETF | Global Allocation | 26 | -1.52% | 94.32M | Jun 2025 | ADDS vs HECA | |
| Hedgeye Fourth Turning ETF | Long-Short | — | 3.48% | 8.59M | Nov 2025 | ADDS vs HEFT | |
| Hedgeye 130/30 Equity ETF | Long-Short | — | -1.18% | 39.77M | Dec 2025 | ADDS vs HELS |
Often Compared With ADDS
Investors most often compare ADDS with AAVM, BRNY. These 2 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Alpha Architect Global Factor Equity ETF | Multi-factor | 71 | 13.41% | 25.25M | May 2017 | ADDS vs AAVM | |
| Burney U.S. Factor Rotation ETF | Multi-factor | 75 | 13.61% | 463.51M | Oct 2022 | ADDS vs BRNY |
Compare ADDS with Any Fund or Stock
Compare ADDS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ADDS with funds that move differently
Hedgeye Index Adds ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ADDS.
Explore ADDS Diversifiers