DGA Core Plus Absolute Return ETF (HF) belongs to the Multistrategy category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HF. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HF
HF charges 1.70% annually. There are 8 ETFs in the Multistrategy category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Twin Oak Short Horizon Absolute Return ETF | 0.25% | 43.96M | Aug 2024 | HF vs TOAK | |
| Harbor Alpha Layering ETF | 0.70% | 8.66M | Aug 2025 | HF vs HOLD | |
| SEI DBi Multi-Strategy Alternative ETF | 0.80% | 191.55M | Sep 2025 | HF vs QALT | |
| Return Stacked Bonds & Futures Yield ETF | 0.98% | 91.83M | Aug 2024 | HF vs RSBY | |
| iShares Systematic Alternatives Active ETF | 0.99% | 582.98M | Dec 2025 | HF vs IALT |
Best Risk-Adjusted Alternatives to HF
HF has a PortfoliosLab risk / return rank of 75. There is 1 ETF in the Multistrategy category with a higher risk-adjusted rank, going as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Frontier Asset Absolute Return ETF | 87 | 11.67M | Dec 2024 | HF vs FARX | |
| Unlimited HFND Multi-Strategy Return Tracker ETF | 60 | 33.60M | Oct 2022 | HF vs HFND | |
| Twin Oak Short Horizon Absolute Return ETF | 54 | 43.96M | Aug 2024 | HF vs TOAK | |
| Return Stacked Bonds & Futures Yield ETF | 51 | 91.83M | Aug 2024 | HF vs RSBY | |
| Simplify Multi-Qis Alternative ETF | 1 | 44.85M | Jul 2023 | HF vs QIS |
Top Performing HF Alternatives (YTD)
HF is at 4.33% YTD. There are 6 ETFs in the Multistrategy category with higher YTD returns, going as high as 19.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Return Stacked Bonds & Futures Yield ETF | 19.04% | 91.83M | Aug 2024 | HF vs RSBY | |
| iShares Systematic Alternatives Active ETF | 11.84% | 582.98M | Dec 2025 | HF vs IALT | |
| Harbor Alpha Layering ETF | 11.09% | 8.66M | Aug 2025 | HF vs HOLD | |
| Frontier Asset Absolute Return ETF | 7.74% | 11.67M | Dec 2024 | HF vs FARX | |
| Unlimited HFND Multi-Strategy Return Tracker ETF | 6.73% | 33.60M | Oct 2022 | HF vs HFND |
Lowest Volatility Alternatives to HF
HF has 5.33% 1-year volatility. There is 1 ETF in the Multistrategy category with lower 1-year volatility, going as low as 2.92%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Twin Oak Short Horizon Absolute Return ETF | 2.92% | 43.96M | Aug 2024 | HF vs TOAK | |
| Frontier Asset Absolute Return ETF | 7.14% | 11.67M | Dec 2024 | HF vs FARX | |
| iShares Systematic Alternatives Active ETF | 7.65% | 582.98M | Dec 2025 | HF vs IALT | |
| SEI DBi Multi-Strategy Alternative ETF | 7.66% | 191.55M | Sep 2025 | HF vs QALT | |
| Unlimited HFND Multi-Strategy Return Tracker ETF | 9.58% | 33.60M | Oct 2022 | HF vs HFND |
Lowest Drawdown Alternatives to HF
HF has a 1-year max drawdown of -3.14%. There are 2 ETFs in the Multistrategy category with shallower 1-year drawdowns, going as shallow as -1.81%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Twin Oak Short Horizon Absolute Return ETF | -1.81% | 43.96M | Aug 2024 | HF vs TOAK | |
| Frontier Asset Absolute Return ETF | -2.80% | 11.67M | Dec 2024 | HF vs FARX | |
| Unlimited HFND Multi-Strategy Return Tracker ETF | -4.94% | 33.60M | Oct 2022 | HF vs HFND | |
| Return Stacked Bonds & Futures Yield ETF | -7.95% | 91.83M | Aug 2024 | HF vs RSBY | |
| Simplify Multi-Qis Alternative ETF | -50.92% | 44.85M | Jul 2023 | HF vs QIS |
Compare HF with Any Fund or Stock
Compare HF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HF with funds that move differently
DGA Core Plus Absolute Return ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HF.
Explore HF Diversifiers