Canary HBAR ETF (HBR) belongs to the Cryptocurrency category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HBR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HBR
HBR charges 0.50% annually. There are 41 ETFs in the Cryptocurrency category with lower expense ratios, going as low as 0.14%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Morgan Stanley Bitcoin Trust | 0.14% | 368.03M | Apr 2026 | HBR vs MSBT | |
| Grayscale Bitcoin Mini Trust ETF | 0.15% | 3.60B | Jul 2024 | HBR vs BTC | |
| Grayscale Ethereum Staking Mini ETF | 0.15% | 1.51B | Jul 2024 | HBR vs ETH | |
| Franklin Bitcoin ETF | 0.19% | 331.89M | Jan 2024 | HBR vs EZBC | |
| Franklin Solana ETF | 0.19% | 8.80M | Dec 2025 | HBR vs SOEZ |
Best Risk-Adjusted Alternatives to HBR
Among 75 ETFs in the Cryptocurrency category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grayscale Zcash Trust (ZEC) | 95 | — | Oct 2017 | HBR vs ZCSH | |
| ProShares Short Bitcoin ETF | 52 | 115.79M | Jun 2022 | HBR vs BITI | |
| Proshares Ultrashort Bitcoin ETF | 48 | 158.01M | Apr 2024 | HBR vs SBIT | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 42 | — | Jul 2024 | HBR vs BTCZ | |
| CoinShares Bitcoin Miners ETF | 36 | 395.17M | Feb 2022 | HBR vs WGMI |
Top Performing HBR Alternatives (YTD)
HBR is at -37.37% YTD. There are 76 ETFs in the Cryptocurrency category with higher YTD returns, going as high as 34.55%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | 34.55% | 158.01M | Apr 2024 | HBR vs SBIT | |
| ProShares UltraShort Ether ETF | 30.34% | 51.90M | Jun 2024 | HBR vs ETHD | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 29.81% | — | Jul 2024 | HBR vs BTCZ | |
| ProShares Short Ether Strategy ETF | 29.34% | 17.31M | Nov 2023 | HBR vs SETH | |
| CoinShares Bitcoin Miners ETF | 25.69% | 395.17M | Feb 2022 | HBR vs WGMI |
Lowest Volatility Alternatives to HBR
HBR has 70.05% 1-year volatility. There are 91 ETFs in the Cryptocurrency category with lower 1-year volatility, going as low as 2.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Bitcoin Structured Alt Protection ETF - Oc... | 2.00% | — | Oct 2025 | HBR vs CBOO | |
| Calamos Laddered Bitcoin 90 Series Structured Alt ... | 3.72% | — | Oct 2025 | HBR vs CBOL | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 6.66% | — | Oct 2025 | HBR vs CBXO | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 11.88% | — | Oct 2025 | HBR vs CBTO | |
| FT Vest Bitcoin Strategy Floor15 ETF - October | 11.91% | 7.63M | Sep 2025 | HBR vs BFOC |
Lowest Drawdown Alternatives to HBR
Among 75 ETFs in the Cryptocurrency category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -14.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Horizon Kinetics Blockchain Development ETF | -14.02% | 22.57M | Aug 2022 | HBR vs BCDF | |
| FT Vest Bitcoin Strategy Floor15 ETF - July | -21.27% | 3.45M | Jun 2025 | HBR vs BFJL | |
| REX Crypto Equity Premium Income ETF | -22.47% | 112.35M | Dec 2024 | HBR vs CEPI | |
| ProShares Short Bitcoin ETF | -25.28% | 115.79M | Jun 2022 | HBR vs BITI | |
| Global X Bitcoin Trend Strategy ETF | -26.03% | 1.48M | Mar 2024 | HBR vs BTRN |
Other ETFs from Canary Capital
The 2 most viewed Canary Capital ETFs shown here include XRPC, LTCC and span 2 categories. AUM among these funds goes as high as $272M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Canary XRP ETF | Cryptocurrency, Blockchain | — | -40.21% | 272.16M | Nov 2025 | HBR vs XRPC | |
| Canary Litecoin ETF | Cryptocurrency | — | -41.27% | 5.74M | Oct 2025 | HBR vs LTCC |
Often Compared With HBR
Investors most often compare HBR with BITC, EZPZ, BITS. These 6 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Bitwise Bitcoin Strategy Optimum Roll ETF | Cryptocurrency | 2 | 0.52% | 14.58M | Mar 2023 | HBR vs BITC | |
| Franklin Crypto Index ETF | Cryptocurrency | 2 | -29.25% | 12.68M | Feb 2025 | HBR vs EZPZ | |
| Global X Blockchain & Bitcoin Strategy ETF | Cryptocurrency | 7 | -11.52% | 23.97M | Nov 2021 | HBR vs BITS | |
| Nicholas Crypto Income ETF | Cryptocurrency | 7 | -6.85% | 298.00M | Jun 2025 | HBR vs BLOX | |
| Franklin Ethereum ETF | Cryptocurrency | 4 | -36.90% | 32.26M | Jul 2024 | HBR vs EZET | |
| iShares Blockchain and Tech ETF | Cryptocurrency | 11 | 4.27% | 85.41M | Apr 2022 | HBR vs IBLC |
Compare HBR with Any Fund or Stock
Compare HBR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HBR with funds that move differently
Canary HBAR ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HBR.
Explore HBR Diversifiers