First Trust Dorsey Wright DALI 1 ETF (DALI) 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 DALI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DALI
DALI charges 0.90% annually. There are 23 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 | DALI vs ELM | |
| WisdomTree Efficient TIPS Plus Gold Fund | 0.30% | 10.62M | Jan 2026 | DALI vs GDT | |
| WisdomTree U.S. Adaptive Moving Average Fund | 0.32% | 187.18M | Mar 2026 | DALI vs WAMA | |
| Global X Adaptive U.S. Risk Management ETF | 0.39% | 140.33M | Jan 2021 | DALI vs ONOF | |
| The Brinsmere Fund - Growth ETF | 0.42% | 380.01M | Jan 2024 | DALI vs TBFG |
Best Risk-Adjusted Alternatives to DALI
DALI has a PortfoliosLab risk / return rank of 27. There are 22 ETFs in the Tactical Allocation category with higher risk-adjusted ranks, going as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| RH Tactical Rotation ETF | 85 | 17.21M | Sep 2012 | DALI vs RHRX | |
| Alexis Practical Tactical ETF | 82 | 144.62M | Jun 2021 | DALI vs LEXI | |
| Cabana Target Leading Sector Moderate ETF | 72 | 114.31M | Jul 2021 | DALI vs CLSM | |
| Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF | 70 | — | May 2025 | DALI vs QQWZ | |
| Relative Sentiment Tactical Allocation ETF | 69 | 110.78M | May 2022 | DALI vs MOOD |
Top Performing DALI Alternatives (YTD)
DALI is at 3.48% YTD. There are 25 ETFs in the Tactical Allocation category with higher YTD returns, going as high as 20.02%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Adaptive Alpha Opportunities ETF | 20.02% | 319.03M | Sep 2012 | DALI vs AGOX | |
| Horizon International Managed Risk ETF | 19.84% | 410.55M | Dec 2025 | DALI vs SFTX | |
| RH Tactical Rotation ETF | 18.02% | 17.21M | Sep 2012 | DALI vs RHRX | |
| Virtus AlphaSimplex Global Macro ETF | 17.56% | — | Aug 2025 | DALI vs ASGM | |
| Cabana Target Leading Sector Moderate ETF | 16.60% | 114.31M | Jul 2021 | DALI vs CLSM |
Lowest Volatility Alternatives to DALI
DALI has 18.50% 1-year volatility. There are 30 ETFs in the Tactical Allocation category with lower 1-year volatility, going as low as 5.75%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Liberty One Tactical Income ETF | 5.75% | 6.61M | Sep 2025 | DALI vs LOTI | |
| GammaRoad Market Navigation ETF | 6.05% | 5.87M | Sep 2024 | DALI vs GMMA | |
| Cabana Target Drawdown 7 ETF | 6.32% | 61.59M | Sep 2020 | DALI vs TDSB | |
| Beacon Selective Risk ETF | 8.79% | 38.23M | Apr 2023 | DALI vs BSR | |
| FundX Conservative ETF | 8.85% | 53.01M | Jul 2002 | DALI vs XRLX |
Lowest Drawdown Alternatives to DALI
DALI has a 1-year max drawdown of -12.54%. There are 20 ETFs in the Tactical Allocation category with shallower 1-year drawdowns, going as shallow as -3.39%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GammaRoad Market Navigation ETF | -3.39% | 5.87M | Sep 2024 | DALI vs GMMA | |
| Cabana Target Drawdown 7 ETF | -4.64% | 61.59M | Sep 2020 | DALI vs TDSB | |
| Cabana Target Drawdown 10 ETF | -5.35% | 127.07M | Sep 2020 | DALI vs TDSC | |
| Cambria Trinity ETF | -5.49% | 144.98M | Sep 2018 | DALI vs TRTY | |
| Fairlead Tactical Sector Fund | -5.85% | 274.27M | Mar 2022 | DALI vs TACK |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 categories. AUM among these funds goes as high as $14B.
Often Compared With DALI
Investors most often compare DALI with FV, RPAR, YYY. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare DALI with Any Fund or Stock
Compare DALI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DALI with funds that move differently
First Trust Dorsey Wright DALI 1 ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DALI.
Explore DALI Diversifiers