HDGE.TO Alternatives & Similar ETFs

Accelerate Absolute Return Fund (HDGE.TO) 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 HDGE.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HDGE.TO

HDGE.TO charges 3.95% annually. There are 8 ETFs in the Long-Short category with lower expense ratios, going as low as 0.35%.

Symbol	Name	Expense Ratio	AUM	Inception
ATSX.TO	Accelerate Canadian Long Short Equity Fund	0.35%	4.94M	May 2019	HDGE.TO vs ATSX.TO
QBTL.TO	AGF US Market Neutral Anti-Beta CAD-Hedged ETF	0.55%	384.90M	Oct 2019	HDGE.TO vs QBTL.TO
CNAO.TO	CI Alternative North American Opportunities Fund	1.21%	—	Jul 2021	HDGE.TO vs CNAO.TO
FCLS.NEO	Fidelity Canadian Long/Short Alternative ETF	1.27%	—	Feb 2024	HDGE.TO vs FCLS.NEO
PFAE.TO	PICTON Long Short Equity (130/30) Alternative Fund	1.45%	42.84M	Jul 2019	HDGE.TO vs PFAE.TO

Best Risk-Adjusted Alternatives to HDGE.TO

HDGE.TO has a PortfoliosLab risk / return rank of 25. There are 9 ETFs in the Long-Short category with higher risk-adjusted ranks, going as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
ATSX.TO	Accelerate Canadian Long Short Equity Fund	94	4.94M	May 2019	HDGE.TO vs ATSX.TO
PFAE.TO	PICTON Long Short Equity (130/30) Alternative Fund	83	42.84M	Jul 2019	HDGE.TO vs PFAE.TO
PFLS.TO	PICTON Long Short Equity Alternative Fund	75	133.94M	Jul 2020	HDGE.TO vs PFLS.TO
CRED.TO	CI Alternative Investment Grade Credit Fund	71	371.64M	Jan 2020	HDGE.TO vs CRED.TO
PFIA.TO	PICTON Long Short Income Alternative Fund	61	353.70M	Jul 2019	HDGE.TO vs PFIA.TO

Top Performing HDGE.TO Alternatives (YTD)

HDGE.TO is at 0.87% YTD. There are 11 ETFs in the Long-Short category with higher YTD returns, going as high as 18.75%.

Symbol	Name	YTD Return	AUM	Inception
ATSX.TO	Accelerate Canadian Long Short Equity Fund	18.75%	4.94M	May 2019	HDGE.TO vs ATSX.TO
PFAE.TO	PICTON Long Short Equity (130/30) Alternative Fund	12.75%	42.84M	Jul 2019	HDGE.TO vs PFAE.TO
CMAG.TO	CI Munro Alternative Global Growth Fund	9.85%	151.53M	Jan 2021	HDGE.TO vs CMAG.TO
PFLS.TO	PICTON Long Short Equity Alternative Fund	8.20%	133.94M	Jul 2020	HDGE.TO vs PFLS.TO
FCLS.NEO	Fidelity Canadian Long/Short Alternative ETF	6.45%	—	Feb 2024	HDGE.TO vs FCLS.NEO

Lowest Volatility Alternatives to HDGE.TO

HDGE.TO has 13.92% 1-year volatility. There are 5 ETFs in the Long-Short category with lower 1-year volatility, going as low as 1.86%.

Symbol	Name	Volatility 1Y	AUM	Inception
CRED.TO	CI Alternative Investment Grade Credit Fund	1.86%	371.64M	Jan 2020	HDGE.TO vs CRED.TO
PFIA.TO	PICTON Long Short Income Alternative Fund	2.43%	353.70M	Jul 2019	HDGE.TO vs PFIA.TO
PFMN.TO	PICTON Market Neutral Equity Alternative Fund	4.73%	240.67M	Sep 2018	HDGE.TO vs PFMN.TO
ARB.TO	Accelerate Arbitrage Fund	8.32%	40.70M	Apr 2020	HDGE.TO vs ARB.TO
PFLS.TO	PICTON Long Short Equity Alternative Fund	9.20%	133.94M	Jul 2020	HDGE.TO vs PFLS.TO

Lowest Drawdown Alternatives to HDGE.TO

HDGE.TO has a 1-year max drawdown of -9.07%. There are 6 ETFs in the Long-Short category with shallower 1-year drawdowns, going as shallow as -1.36%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
PFIA.TO	PICTON Long Short Income Alternative Fund	-1.36%	353.70M	Jul 2019	HDGE.TO vs PFIA.TO
CRED.TO	CI Alternative Investment Grade Credit Fund	-1.52%	371.64M	Jan 2020	HDGE.TO vs CRED.TO
ARB.TO	Accelerate Arbitrage Fund	-2.50%	40.70M	Apr 2020	HDGE.TO vs ARB.TO
PFMN.TO	PICTON Market Neutral Equity Alternative Fund	-3.49%	240.67M	Sep 2018	HDGE.TO vs PFMN.TO
PFLS.TO	PICTON Long Short Equity Alternative Fund	-6.98%	133.94M	Jul 2020	HDGE.TO vs PFLS.TO

Often Compared With HDGE.TO

Investors most often compare HDGE.TO with SPY, QQQ, XIU.TO. These 4 comparison targets span 4 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SPY	State Street SPDR S&P 500 ETF	S&P 500	61	8.94%	790.12B	Jan 1993	HDGE.TO vs SPY
QQQ	Invesco QQQ ETF	Nasdaq-100	49	11.64%	465.90B	Mar 1999	HDGE.TO vs QQQ
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	93	13.48%	23.86B	Sep 1999	HDGE.TO vs XIU.TO
SPMO	Invesco S&P 500 Momentum ETF	Momentum, S&P 500	58	23.32%	20.86B	Oct 2015	HDGE.TO vs SPMO

Compare HDGE.TO with Any Fund or Stock

Compare HDGE.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair HDGE.TO with funds that move differently

Accelerate Absolute Return Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HDGE.TO.

Explore HDGE.TO Diversifiers

Accelerate Absolute Return Fund (HDGE.TO) Alternatives