Even Herd Long Short ETF (EHLS) Alternatives
Even Herd Long Short ETF (EHLS) 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 EHLS. 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 EHLS
EHLS charges 1.58% annually. Among ETFs in the Long-Short category, these options have the lowest expense ratios among EHLS alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Aptus International Enhanced Yield ETF | 0.45% | Jul 22, 2021 | EHLS vs IDUB | |
| Proshares Large Cap Core Plus | 0.45% | Jul 13, 2009 | EHLS vs CSM | |
| ProShares Long Online/Short Stores ETF | 0.65% | Nov 14, 2017 | EHLS vs CLIX | |
| WisdomTree Inflation Plus Fund | 0.65% | Jun 18, 2025 | EHLS vs WTIP | |
| Franklin Liberty Systematic Style Premia ETF | 0.65% | Dec 18, 2019 | EHLS vs FLSP |
Best Risk-Adjusted Alternatives to EHLS
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 | EHLS vs CLSE | |
| Militia Long/Short Equity ETF | 92 | Jan 14, 2025 | EHLS vs ORR | |
| First Trust Merger Arbitrage ETF | 84 | Feb 4, 2020 | EHLS vs MARB | |
| AltShares Event-Driven ETF | 83 | Dec 31, 2014 | EHLS vs EVNT | |
| IQ Hedge Multi-Strategy Tracker ETF | 80 | Mar 25, 2009 | EHLS vs QAI |
Top Performing EHLS Alternatives (YTD)
EHLS 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 | EHLS vs LSEQ | |
| Leatherback Long/Short Alternative Yield ETF | 15.90% | Nov 16, 2020 | EHLS vs LBAY | |
| WisdomTree Inflation Plus Fund | 12.54% | Jun 18, 2025 | EHLS vs WTIP | |
| KFA Mount Lucas Index Strategy ETF | 8.67% | Dec 2, 2020 | EHLS vs KMLM | |
| Militia Long/Short Equity ETF | 6.70% | Jan 14, 2025 | EHLS vs ORR |
Lowest Volatility Alternatives to EHLS
EHLS 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 | EHLS vs MARB | |
| ProShares Hedge Replication | 6.90% | Jul 12, 2011 | EHLS vs HDG | |
| IQ Hedge Multi-Strategy Tracker ETF | 7.55% | Mar 25, 2009 | EHLS vs QAI | |
| The Future Fund Long/Short ETF | 9.24% | Jun 20, 2023 | EHLS vs FFLS | |
| KFA Mount Lucas Index Strategy ETF | 9.84% | Dec 2, 2020 | EHLS vs KMLM |
Lowest Drawdown Alternatives to EHLS
EHLS 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 | EHLS vs MARB | |
| AltShares Event-Driven ETF | -4.84% | Dec 31, 2014 | EHLS vs EVNT | |
| ProShares Hedge Replication | -4.85% | Jul 12, 2011 | EHLS vs HDG | |
| IQ Hedge Multi-Strategy Tracker ETF | -5.43% | Mar 25, 2009 | EHLS vs QAI | |
| Efficient Market Portfolio Plus ETF | -5.98% | Dec 11, 2024 | EHLS vs EMPB |
Often Compared With EHLS
What investors most often compare with EHLS, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| First Trust Long/Short Equity ETF | Long-Short, Actively Managed | 68 | -0.80% | Sep 9, 2014 | EHLS vs FTLS | |
| AQR Long-Short Equity Fund | Long-Short | 94 | -3.26% | Jul 15, 2013 | EHLS vs QLEIX | |
| Vanguard S&P 500 ETF | S&P 500 | 65 | -4.42% | Sep 7, 2010 | EHLS vs VOO | |
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | EHLS vs SPY | |
| iShares MSCI World ETF | Large Cap Growth Equities | 72 | -3.10% | Jan 10, 2012 | EHLS vs URTH | |
| Amplify CWP Enhanced Dividend Income ETF | Derivative Income | 80 | 2.01% | Dec 13, 2016 | EHLS vs DIVO | |
| Hedgeye Fourth Turning ETF | Long-Short | — | 5.30% | Nov 20, 2025 | EHLS vs HEFT | |
| Changebridge Capital Long/Short Equity ETF | Long-Short, Actively Managed | 42 | 4.37% | Nov 13, 2020 | EHLS vs CBLS |
Compare EHLS with Any Fund or Stock
Compare EHLS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.