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 23 ETFs in the Long-Short category with lower expense ratios, going as low as 0.45%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Proshares Large Cap Core Plus | 0.45% | 515.62M | Jul 2009 | EMPB vs CSM | |
| Aptus International Enhanced Yield ETF | 0.45% | 372.15M | Jul 2021 | EMPB vs IDUB | |
| Arin Tactical Tail Risk ETF | 0.63% | — | Oct 2025 | EMPB vs ATTR | |
| WisdomTree Inflation Plus Fund | 0.65% | 21.79M | Jun 2025 | EMPB vs WTIP | |
| Franklin Liberty Systematic Style Premia ETF | 0.65% | 930.68M | Dec 2019 | EMPB vs FLSP |
Best Risk-Adjusted Alternatives to EMPB
EMPB has a PortfoliosLab risk / return rank of 57. There are 9 ETFs in the Long-Short category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Convergence Long/Short Equity ETF | 95 | 447.61M | Dec 2009 | EMPB vs CLSE | |
| IQ Hedge Multi-Strategy Tracker ETF | 80 | 762.37M | Mar 2009 | EMPB vs QAI | |
| ProShares Hedge Replication | 74 | 21.78M | Jul 2011 | EMPB vs HDG | |
| Harbor Long-Short Equity ETF | 69 | 16.92M | Dec 2023 | EMPB vs LSEQ | |
| Hull Tactical US ETF | 68 | 137.43M | Jun 2015 | EMPB vs HTUS |
Top Performing EMPB Alternatives (YTD)
EMPB is at 12.86% YTD. There are 5 ETFs in the Long-Short category with higher YTD returns, going as high as 28.71%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Harbor Long-Short Equity ETF | 28.71% | 16.92M | Dec 2023 | EMPB vs LSEQ | |
| Convergence Long/Short Equity ETF | 24.77% | 447.61M | Dec 2009 | EMPB vs CLSE | |
| Changebridge Capital Long/Short Equity ETF | 20.31% | 59.25M | Nov 2020 | EMPB vs CBLS | |
| Aptus International Enhanced Yield ETF | 14.34% | 372.15M | Jul 2021 | EMPB vs IDUB | |
| Even Herd Long Short ETF | 14.25% | 60.59M | Apr 2024 | EMPB vs EHLS |
Lowest Volatility Alternatives to EMPB
EMPB has 11.27% 1-year volatility. There are 9 ETFs in the Long-Short category with lower 1-year volatility, going as low as 3.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Arin Tactical Tail Risk ETF | 3.17% | — | Oct 2025 | EMPB vs ATTR | |
| First Trust Merger Arbitrage ETF | 5.35% | 19.90M | Feb 2020 | EMPB vs MARB | |
| ProShares Hedge Replication | 6.24% | 21.78M | Jul 2011 | EMPB vs HDG | |
| IQ Hedge Multi-Strategy Tracker ETF | 6.58% | 762.37M | Mar 2009 | EMPB vs QAI | |
| Federated Hermes MDT Market Neutral ETF | 6.74% | 82.10M | Sep 2025 | EMPB vs MKTN |
Lowest Drawdown Alternatives to EMPB
EMPB has a 1-year max drawdown of -5.98%. There are 7 ETFs in the Long-Short category with shallower 1-year drawdowns, going as shallow as -2.43%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Merger Arbitrage ETF | -2.43% | 19.90M | Feb 2020 | EMPB vs MARB | |
| AltShares Event-Driven ETF | -3.35% | 8.62M | Dec 2014 | EMPB vs EVNT | |
| IQ Hedge Multi-Strategy Tracker ETF | -3.71% | 762.37M | Mar 2009 | EMPB vs QAI | |
| First Trust Long/Short Equity ETF | -3.79% | 2.40B | Sep 2014 | EMPB vs FTLS | |
| ProShares Hedge Replication | -3.97% | 21.78M | Jul 2011 | EMPB vs HDG |
Often Compared With EMPB
Investors most often compare EMPB with HEFT, ORR, NLSI. These 20 comparison targets span 14 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