Changebridge Capital Long/Short Equity ETF (CBLS) Alternatives
Changebridge Capital Long/Short Equity ETF (CBLS) belongs to the Long-Short category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CBLS. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to CBLS
CBLS charges 1.95% annually. Among ETFs in the Long-Short category, these options have the lowest expense ratios among CBLS alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Aptus International Enhanced Yield ETF | 0.45% | Jul 22, 2021 | CBLS vs IDUB | |
| Proshares Large Cap Core Plus | 0.45% | Jul 13, 2009 | CBLS vs CSM | |
| ProShares Long Online/Short Stores ETF | 0.65% | Nov 14, 2017 | CBLS vs CLIX | |
| WisdomTree Inflation Plus Fund | 0.65% | Jun 18, 2025 | CBLS vs WTIP | |
| Franklin Liberty Systematic Style Premia ETF | 0.65% | Dec 18, 2019 | CBLS vs FLSP |
Best Risk-Adjusted Alternatives to CBLS
Among ETFs in the Long-Short category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Convergence Long/Short Equity ETF | 94 | Feb 22, 2022 | CBLS vs CLSE | |
| Militia Long/Short Equity ETF | 92 | Jan 14, 2025 | CBLS vs ORR | |
| First Trust Merger Arbitrage ETF | 84 | Feb 4, 2020 | CBLS vs MARB | |
| AltShares Event-Driven ETF | 83 | Dec 31, 2014 | CBLS vs EVNT | |
| IQ Hedge Multi-Strategy Tracker ETF | 80 | Mar 25, 2009 | CBLS vs QAI |
Top Performing CBLS Alternatives (YTD)
CBLS alternatives from the Long-Short category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Harbor Long-Short Equity ETF | 20.53% | Dec 4, 2023 | CBLS vs LSEQ | |
| Leatherback Long/Short Alternative Yield ETF | 15.90% | Nov 16, 2020 | CBLS vs LBAY | |
| WisdomTree Inflation Plus Fund | 12.54% | Jun 18, 2025 | CBLS vs WTIP | |
| KFA Mount Lucas Index Strategy ETF | 8.67% | Dec 2, 2020 | CBLS vs KMLM | |
| Militia Long/Short Equity ETF | 6.70% | Jan 14, 2025 | CBLS vs ORR |
Lowest Volatility Alternatives to CBLS
CBLS alternatives from the Long-Short category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| First Trust Merger Arbitrage ETF | 5.36% | Feb 4, 2020 | CBLS vs MARB | |
| ProShares Hedge Replication | 6.90% | Jul 12, 2011 | CBLS vs HDG | |
| IQ Hedge Multi-Strategy Tracker ETF | 7.55% | Mar 25, 2009 | CBLS vs QAI | |
| The Future Fund Long/Short ETF | 9.24% | Jun 20, 2023 | CBLS vs FFLS | |
| KFA Mount Lucas Index Strategy ETF | 9.84% | Dec 2, 2020 | CBLS vs KMLM |
Lowest Drawdown Alternatives to CBLS
CBLS alternatives from the Long-Short category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| First Trust Merger Arbitrage ETF | -2.43% | Feb 4, 2020 | CBLS vs MARB | |
| AltShares Event-Driven ETF | -4.84% | Dec 31, 2014 | CBLS vs EVNT | |
| ProShares Hedge Replication | -4.85% | Jul 12, 2011 | CBLS vs HDG | |
| IQ Hedge Multi-Strategy Tracker ETF | -5.43% | Mar 25, 2009 | CBLS vs QAI | |
| Efficient Market Portfolio Plus ETF | -5.98% | Dec 11, 2024 | CBLS vs EMPB |
Often Compared With CBLS
What investors most often compare with CBLS, based on PortfoliosLab usage data.
Compare CBLS with Any Fund or Stock
Compare CBLS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.