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 27 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% | 11.12M | Jan 2026 | DALI vs GDT | |
| WisdomTree U.S. Adaptive Moving Average Fund | 0.32% | 189.62M | 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 18. There are 25 ETFs in the Tactical Allocation category with higher risk-adjusted ranks, going as high as 83.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Alexis Practical Tactical ETF | 83 | 144.62M | Jun 2021 | DALI vs LEXI | |
| RH Tactical Rotation ETF | 83 | 17.21M | Sep 2012 | DALI vs RHRX | |
| Cambria Trinity ETF | 80 | 142.96M | Sep 2018 | DALI vs TRTY | |
| Relative Sentiment Tactical Allocation ETF | 77 | 110.78M | May 2022 | DALI vs MOOD | |
| Cabana Target Drawdown 7 ETF | 74 | 61.59M | Sep 2020 | DALI vs TDSB |
Top Performing DALI Alternatives (YTD)
DALI is at -0.65% YTD. There are 32 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 | DALI vs SFTX | |
| RH Tactical Rotation ETF | 17.41% | 17.21M | Sep 2012 | DALI vs RHRX | |
| Adaptive Alpha Opportunities ETF | 17.04% | 319.03M | Sep 2012 | DALI vs AGOX | |
| Virtus AlphaSimplex Global Macro ETF | 16.52% | — | Aug 2025 | DALI vs ASGM | |
| Man Active Trend Enhanced ETF | 16.06% | — | Dec 2025 | DALI vs MATE |
Lowest Volatility Alternatives to DALI
DALI has 18.90% 1-year volatility. There are 34 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 | DALI vs LOTI | |
| GammaRoad Market Navigation ETF | 6.18% | 5.87M | Sep 2024 | DALI vs GMMA | |
| Cabana Target Drawdown 7 ETF | 6.38% | 61.59M | Sep 2020 | DALI vs TDSB | |
| Beacon Selective Risk ETF | 8.79% | 38.23M | Apr 2023 | DALI vs BSR | |
| GMO Dynamic Allocation ETF | 8.83% | 34.00M | Oct 2025 | DALI vs GMOD |
Lowest Drawdown Alternatives to DALI
DALI has a 1-year max drawdown of -12.54%. There are 23 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% | 142.96M | 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, AIRR and span 14 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 11 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