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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 40 ETFs in the Tactical Allocation category with lower expense ratios, going as low as 0.24%.


Best Risk-Adjusted Alternatives to CEFZ

Among 23 ETFs in the Tactical Allocation category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 85.


Top Performing CEFZ Alternatives (YTD)

CEFZ is at 3.57% YTD. There are 24 ETFs in the Tactical Allocation category with higher YTD returns, going as high as 20.02%.


Lowest Volatility Alternatives to CEFZ

CEFZ has 10.46% 1-year volatility. There are 10 ETFs in the Tactical Allocation category with lower 1-year volatility, going as low as 5.75%.


Lowest Drawdown Alternatives to CEFZ

Among 23 ETFs in the Tactical Allocation category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -3.39%.


Other ETFs from RiverNorth

The 2 most viewed RiverNorth ETFs shown here include SPCZ, FLDZ and span 2 categories. AUM among these funds goes as high as $7M.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
RiverNorth Enhanced Pre-Merger SPAC ETFFinancials Equities
24
1.88%
7.14MJul 2022CEFZ vs SPCZ
RiverNorth Patriot ETFMid Cap Blend Equities
25
6.09%
4.01MFeb 2022CEFZ vs FLDZ

Often Compared With CEFZ

Investors most often compare CEFZ with ARP, THRO, THIR. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
Pmv Adaptive Risk Parity ETFTactical Allocation
44
6.18%
50.25MDec 2022CEFZ vs ARP
iShares U.S. Thematic Rotation Active ETFTactical Allocation
50
10.10%
6.50BDec 2021CEFZ vs THRO
THOR Index Rotation ETFTactical Allocation
48
5.00%
168.93MSep 2024CEFZ vs THIR
iShares International Country Rotation Active ETFTactical Allocation
69
16.27%
7.74BDec 2024CEFZ vs CORO
First Trust Dorsey Wright DALI 1 ETFTactical Allocation
27
3.48%
112.03MMay 2018CEFZ vs DALI
First Trust Enhanced Stocks, Bonds & Gold ETFTactical Allocation
-2.05%
2.13MNov 2025CEFZ vs ESBG
State Street Bridgewater All Weather ETFTactical Allocation
50
5.97%
1.53BMar 2025CEFZ vs ALLW
RH Tactical Outlook ETFTactical Allocation
37
5.30%
8.45MSep 2012CEFZ vs RHTX
Invesco DB Energy FundOil & Gas
40
53.97%
94.72MJan 2007CEFZ vs DBE
Arrow Valtoro ETFTactical Allocation
-0.13%
Oct 2025CEFZ vs ORO
iShares iBonds Oct 2026 Term TIPS ETFInflation-Protected Bonds
98
2.43%
85.97MSep 2023CEFZ vs IBIC
United States Gasoline Fund LPOil & Gas
55
64.09%
118.98MFeb 2008CEFZ vs UGA
iShares Enhanced Short-Term Bond Active ETFUltrashort Bond
99
1.83%
190.40MJul 2024CEFZ vs CSHP
Amplify Samsung SOFR ETFMultisector Bonds
98
1.68%
385.96MNov 2023CEFZ vs SOFR
Alpha Architect Tail Risk ETFOptions Trading
36
0.71%
668.40MAug 2013CEFZ vs CAOS
F/m Ultrashort Treasury Inflation-Protected Securi...Inflation-Protected Bonds
97
2.32%
136.66MFeb 2025CEFZ vs RBIL
BP p.l.c. ADRhedged ETFEnergy Equities2.19MJan 2025CEFZ vs BPH
WisdomTree Floating Rate Treasury FundGovernment Bonds, Ultrashort Bond
100
1.82%
17.46BFeb 2014CEFZ vs USFR
United States Oil Fund LPOil & Gas
32
60.87%
1.92BApr 2006CEFZ vs USO
Man Active Trend Enhanced ETFTactical Allocation
14.21%
Dec 2025CEFZ vs MATE

Compare CEFZ with Any Fund or Stock

Compare CEFZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.


 

Diversifiers

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