Efficient Market Portfolio Plus ETF (EMPB) 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 EMPB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EMPB
EMPB charges 1.82% annually. There are 25 ETFs in the Long-Short category with lower expense ratios, going as low as 0.40%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Flexible Equity Active ETF | 0.40% | 1.61B | May 2026 | EMPB vs BFLX | |
| Aptus International Enhanced Yield ETF | 0.45% | 490.37M | Jul 2021 | EMPB vs IDUB | |
| Proshares Large Cap Core Plus | 0.45% | 515.52M | Jul 2009 | EMPB vs CSM | |
| Arin Tactical Tail Risk ETF | 0.63% | — | Oct 2025 | EMPB vs ATTR | |
| ProShares Long Online/Short Stores ETF | 0.65% | 7.48M | Nov 2017 | EMPB vs CLIX |
Best Risk-Adjusted Alternatives to EMPB
EMPB has a PortfoliosLab risk / return rank of 66. There are 11 ETFs in the Long-Short category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Convergence Long/Short Equity ETF | 96 | 447.61M | Dec 2009 | EMPB vs CLSE | |
| Franklin Liberty Systematic Style Premia ETF | 88 | 1.04B | Dec 2019 | EMPB vs FLSP | |
| NYLI Hedge Multi-Strategy Tracker ETF | 83 | 1.02B | Mar 2009 | EMPB vs QAI | |
| ProShares Hedge Replication | 80 | 22.00M | Jul 2011 | EMPB vs HDG | |
| Aptus International Enhanced Yield ETF | 78 | 490.37M | Jul 2021 | EMPB vs IDUB |
Top Performing EMPB Alternatives (YTD)
EMPB is at 14.62% YTD. There are 3 ETFs in the Long-Short category with higher YTD returns, going as high as 24.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Convergence Long/Short Equity ETF | 24.37% | 447.61M | Dec 2009 | EMPB vs CLSE | |
| Harbor Long-Short Equity ETF | 23.37% | 15.30M | Dec 2023 | EMPB vs LSEQ | |
| Aptus International Enhanced Yield ETF | 15.21% | 490.37M | Jul 2021 | EMPB vs IDUB | |
| Militia Long/Short Equity ETF | 13.55% | 138.61M | Jan 2025 | EMPB vs ORR | |
| Hull Tactical US ETF | 10.86% | 137.43M | Jun 2015 | EMPB vs HTUS |
Lowest Volatility Alternatives to EMPB
EMPB has 11.67% 1-year volatility. There are 8 ETFs in the Long-Short category with lower 1-year volatility, going as low as 3.30%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Arin Tactical Tail Risk ETF | 3.30% | — | Oct 2025 | EMPB vs ATTR | |
| ProShares Hedge Replication | 6.41% | 22.00M | Jul 2011 | EMPB vs HDG | |
| Federated Hermes MDT Market Neutral ETF | 6.65% | 106.80M | Sep 2025 | EMPB vs MKTN | |
| NYLI Hedge Multi-Strategy Tracker ETF | 6.85% | 1.02B | Mar 2009 | EMPB vs QAI | |
| AltShares Event-Driven ETF | 7.57% | 8.62M | Dec 2014 | EMPB vs EVNT |
Lowest Drawdown Alternatives to EMPB
EMPB has a 1-year max drawdown of -5.98%. There are 6 ETFs in the Long-Short category with shallower 1-year drawdowns, going as shallow as -3.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AltShares Event-Driven ETF | -3.35% | 8.62M | Dec 2014 | EMPB vs EVNT | |
| NYLI Hedge Multi-Strategy Tracker ETF | -3.71% | 1.02B | Mar 2009 | EMPB vs QAI | |
| First Trust Long/Short Equity ETF | -3.79% | 2.49B | Sep 2014 | EMPB vs FTLS | |
| ProShares Hedge Replication | -3.97% | 22.00M | Jul 2011 | EMPB vs HDG | |
| Franklin Liberty Systematic Style Premia ETF | -4.03% | 1.04B | Dec 2019 | EMPB vs FLSP |
Often Compared With EMPB
Investors most often compare EMPB with HEFT, WTIP, NLSI. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare EMPB with Any Fund or Stock
Compare EMPB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EMPB with funds that move differently
Efficient Market Portfolio Plus ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EMPB.
Explore EMPB Diversifiers