Gadsden Dynamic Multi-Asset ETF (GDMA) belongs to the Hedge Fund category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GDMA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GDMA
GDMA charges 0.77% annually. There are 10 ETFs in the Hedge Fund category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Interest Rate Hedge ETF | 0.50% | 201.47M | May 2021 | GDMA vs PFIX | |
| SPDR SSgA Multi-Asset Real Return ETF | 0.50% | 1.19B | Apr 2012 | GDMA vs RLY | |
| RPAR Risk Parity ETF | 0.51% | 603.57M | Dec 2019 | GDMA vs RPAR | |
| Global X NASDAQ 100 Collar 95-110 ETF | 0.60% | 4.05M | Aug 2021 | GDMA vs QCLR | |
| Global X NASDAQ 100 Tail Risk ETF | 0.60% | 7.82M | Aug 2021 | GDMA vs QTR |
Best Risk-Adjusted Alternatives to GDMA
GDMA has a PortfoliosLab risk / return rank of 67. There are 5 ETFs in the Hedge Fund category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Proshares Merger ETF | 92 | 15.90M | Dec 2012 | GDMA vs MRGR | |
| WisdomTree Managed Futures Strategy Fund | 82 | 237.49M | Jan 2011 | GDMA vs WTMF | |
| SPDR SSgA Multi-Asset Real Return ETF | 74 | 1.19B | Apr 2012 | GDMA vs RLY | |
| First Trust Managed Futures Strategy Fund | 70 | 270.38M | Aug 2013 | GDMA vs FMF | |
| AltShares Merger Arbitrage ETF | 67 | 90.93M | May 2020 | GDMA vs ARB |
Top Performing GDMA Alternatives (YTD)
GDMA is at 10.22% YTD. There are 3 ETFs in the Hedge Fund category with higher YTD returns, going as high as 14.93%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Dorsey Wright Dynamic Focus 5 ETF | 14.93% | 111.31M | Mar 2016 | GDMA vs FVC | |
| Global X NASDAQ 100 Tail Risk ETF | 14.00% | 7.82M | Aug 2021 | GDMA vs QTR | |
| SPDR SSgA Multi-Asset Real Return ETF | 11.33% | 1.19B | Apr 2012 | GDMA vs RLY | |
| Syntax Stratified U.S. Total Market Hedged ETF | 8.73% | 23.16M | Jun 2021 | GDMA vs SHUS | |
| First Trust Managed Futures Strategy Fund | 7.37% | 270.38M | Aug 2013 | GDMA vs FMF |
Lowest Volatility Alternatives to GDMA
GDMA has 15.24% 1-year volatility. There are 15 ETFs in the Hedge Fund category with lower 1-year volatility, going as low as 3.10%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AltShares Merger Arbitrage ETF | 3.10% | 90.93M | May 2020 | GDMA vs ARB | |
| Proshares Merger ETF | 4.23% | 15.90M | Dec 2012 | GDMA vs MRGR | |
| IQ Merger Arbitrage ETF | 4.75% | 253.18M | Nov 2009 | GDMA vs MNA | |
| WisdomTree Managed Futures Strategy Fund | 9.04% | 237.49M | Jan 2011 | GDMA vs WTMF | |
| First Trust Managed Futures Strategy Fund | 9.64% | 270.38M | Aug 2013 | GDMA vs FMF |
Lowest Drawdown Alternatives to GDMA
GDMA has a 1-year max drawdown of -7.53%. There are 9 ETFs in the Hedge Fund category with shallower 1-year drawdowns, going as shallow as -1.07%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AltShares Merger Arbitrage ETF | -1.07% | 90.93M | May 2020 | GDMA vs ARB | |
| Proshares Merger ETF | -1.29% | 15.90M | Dec 2012 | GDMA vs MRGR | |
| IQ Merger Arbitrage ETF | -1.40% | 253.18M | Nov 2009 | GDMA vs MNA | |
| First Trust Managed Futures Strategy Fund | -3.42% | 270.38M | Aug 2013 | GDMA vs FMF | |
| WisdomTree Managed Futures Strategy Fund | -4.04% | 237.49M | Jan 2011 | GDMA vs WTMF |
Often Compared With GDMA
Investors most often compare GDMA with BAMY, GDE, JEPI. These 20 comparison targets span 21 categories, based on PortfoliosLab usage data.
Compare GDMA with Any Fund or Stock
Compare GDMA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GDMA with funds that move differently
Gadsden Dynamic Multi-Asset ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GDMA.
Explore GDMA Diversifiers