RiverNorth Active Income ETF (CEFZ) belongs to the Tactical Allocation category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CEFZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CEFZ
CEFZ charges 3.36% annually. There are 46 ETFs in the Tactical Allocation category with lower expense ratios, going as low as 0.24%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Elm Market Navigator ETF | 0.24% | 493.11M | Dec 2011 | CEFZ vs ELM | |
| WisdomTree Efficient TIPS Plus Gold Fund | 0.30% | 11.12M | Jan 2026 | CEFZ vs GDT | |
| WisdomTree U.S. Adaptive Moving Average Fund | 0.32% | 189.62M | Mar 2026 | CEFZ vs WAMA | |
| Global X Adaptive U.S. Risk Management ETF | 0.39% | 140.33M | Jan 2021 | CEFZ vs ONOF | |
| The Brinsmere Fund - Growth ETF | 0.42% | 380.01M | Jan 2024 | CEFZ vs TBFG |
Best Risk-Adjusted Alternatives to CEFZ
Among 26 ETFs in the Tactical Allocation category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 83.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Alexis Practical Tactical ETF | 83 | 144.62M | Jun 2021 | CEFZ vs LEXI | |
| RH Tactical Rotation ETF | 83 | 17.21M | Sep 2012 | CEFZ vs RHRX | |
| Cambria Trinity ETF | 80 | 142.96M | Sep 2018 | CEFZ vs TRTY | |
| Relative Sentiment Tactical Allocation ETF | 77 | 110.78M | May 2022 | CEFZ vs MOOD | |
| Cabana Target Drawdown 7 ETF | 74 | 61.59M | Sep 2020 | CEFZ vs TDSB |
Top Performing CEFZ Alternatives (YTD)
CEFZ is at 6.00% YTD. There are 23 ETFs in the Tactical Allocation category with higher YTD returns, going as high as 17.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Horizon International Managed Risk ETF | 17.47% | 410.55M | Dec 2025 | CEFZ vs SFTX | |
| RH Tactical Rotation ETF | 17.41% | 17.21M | Sep 2012 | CEFZ vs RHRX | |
| Adaptive Alpha Opportunities ETF | 17.04% | 319.03M | Sep 2012 | CEFZ vs AGOX | |
| Virtus AlphaSimplex Global Macro ETF | 16.52% | — | Aug 2025 | CEFZ vs ASGM | |
| Man Active Trend Enhanced ETF | 16.06% | — | Dec 2025 | CEFZ vs MATE |
Lowest Volatility Alternatives to CEFZ
CEFZ has 10.32% 1-year volatility. There are 11 ETFs in the Tactical Allocation category with lower 1-year volatility, going as low as 5.94%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Liberty One Tactical Income ETF | 5.94% | 6.61M | Sep 2025 | CEFZ vs LOTI | |
| GammaRoad Market Navigation ETF | 6.18% | 5.87M | Sep 2024 | CEFZ vs GMMA | |
| Cabana Target Drawdown 7 ETF | 6.38% | 61.59M | Sep 2020 | CEFZ vs TDSB | |
| Beacon Selective Risk ETF | 8.79% | 38.23M | Apr 2023 | CEFZ vs BSR | |
| GMO Dynamic Allocation ETF | 8.83% | 34.00M | Oct 2025 | CEFZ vs GMOD |
Lowest Drawdown Alternatives to CEFZ
Among 26 ETFs in the Tactical Allocation category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -3.39%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GammaRoad Market Navigation ETF | -3.39% | 5.87M | Sep 2024 | CEFZ vs GMMA | |
| Cabana Target Drawdown 7 ETF | -4.64% | 61.59M | Sep 2020 | CEFZ vs TDSB | |
| Cabana Target Drawdown 10 ETF | -5.35% | 127.07M | Sep 2020 | CEFZ vs TDSC | |
| Cambria Trinity ETF | -5.49% | 142.96M | Sep 2018 | CEFZ vs TRTY | |
| Fairlead Tactical Sector Fund | -5.85% | 274.27M | Mar 2022 | CEFZ vs TACK |
Other ETFs from RiverNorth
The 2 most viewed RiverNorth ETFs shown here include FLDZ, RNMN and span 2 categories. AUM among these funds goes as high as $7M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| RiverNorth Patriot ETF | Mid Cap Blend Equities | 12 | 0.31% | 3.97M | Feb 2022 | CEFZ vs FLDZ | |
| RiverNorth Market Neutral ETF | Equity Market Neutral | — | — | 7.15M | Jul 2022 | CEFZ vs RNMN |
Often Compared With CEFZ
Investors most often compare CEFZ with ARP, CLSM, THRO. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare CEFZ with Any Fund or Stock
Compare CEFZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CEFZ with funds that move differently
RiverNorth Active Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CEFZ.
Explore CEFZ Diversifiers