TradersAI Large Cap Equity & Cash ETF (HFSP) 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 HFSP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HFSP
HFSP charges 1.25% annually. There are 15 ETFs in the Long-Short category with lower expense ratios, going as low as 0.40%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Flexible Equity Active ETF | 0.40% | 741.53M | May 2026 | HFSP vs BFLX | |
| Proshares Large Cap Core Plus | 0.45% | 518.36M | Jul 2009 | HFSP vs CSM | |
| Aptus International Enhanced Yield ETF | 0.45% | 372.15M | Jul 2021 | HFSP vs IDUB | |
| Arin Tactical Tail Risk ETF | 0.63% | — | Oct 2025 | HFSP vs ATTR | |
| Franklin Liberty Systematic Style Premia ETF | 0.65% | 946.37M | Dec 2019 | HFSP vs FLSP |
Best Risk-Adjusted Alternatives to HFSP
HFSP has a PortfoliosLab risk / return rank of 1. There are 19 ETFs in the Long-Short category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Convergence Long/Short Equity ETF | 97 | 447.61M | Dec 2009 | HFSP vs CLSE | |
| Franklin Liberty Systematic Style Premia ETF | 87 | 946.37M | Dec 2019 | HFSP vs FLSP | |
| NYLI Hedge Multi-Strategy Tracker ETF | 80 | 762.37M | Mar 2009 | HFSP vs QAI | |
| ProShares Hedge Replication | 76 | 21.57M | Jul 2011 | HFSP vs HDG | |
| Hull Tactical US ETF | 74 | 137.43M | Jun 2015 | HFSP vs HTUS |
Top Performing HFSP Alternatives (YTD)
HFSP is at -9.94% YTD. There are 24 ETFs in the Long-Short category with higher YTD returns, going as high as 24.66%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Convergence Long/Short Equity ETF | 24.66% | 447.61M | Dec 2009 | HFSP vs CLSE | |
| Harbor Long-Short Equity ETF | 23.57% | 16.40M | Dec 2023 | HFSP vs LSEQ | |
| Changebridge Capital Long/Short Equity ETF | 17.31% | 60.15M | Nov 2020 | HFSP vs CBLS | |
| Efficient Market Portfolio Plus ETF | 15.07% | — | Dec 2024 | HFSP vs EMPB | |
| Aptus International Enhanced Yield ETF | 14.07% | 372.15M | Jul 2021 | HFSP vs IDUB |
Lowest Volatility Alternatives to HFSP
HFSP has 17.53% 1-year volatility. There are 21 ETFs in the Long-Short category with lower 1-year volatility, going as low as 3.22%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Arin Tactical Tail Risk ETF | 3.22% | — | Oct 2025 | HFSP vs ATTR | |
| ProShares Hedge Replication | 6.29% | 21.57M | Jul 2011 | HFSP vs HDG | |
| Federated Hermes MDT Market Neutral ETF | 6.63% | 82.10M | Sep 2025 | HFSP vs MKTN | |
| NYLI Hedge Multi-Strategy Tracker ETF | 6.73% | 762.37M | Mar 2009 | HFSP vs QAI | |
| AltShares Event-Driven ETF | 7.58% | 8.62M | Dec 2014 | HFSP vs EVNT |
Lowest Drawdown Alternatives to HFSP
HFSP has a 1-year max drawdown of -26.66%. There are 19 ETFs in the Long-Short category with shallower 1-year drawdowns, going as shallow as -3.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AltShares Event-Driven ETF | -3.35% | 8.62M | Dec 2014 | HFSP vs EVNT | |
| NYLI Hedge Multi-Strategy Tracker ETF | -3.71% | 762.37M | Mar 2009 | HFSP vs QAI | |
| First Trust Long/Short Equity ETF | -3.79% | 2.45B | Sep 2014 | HFSP vs FTLS | |
| ProShares Hedge Replication | -3.97% | 21.57M | Jul 2011 | HFSP vs HDG | |
| Franklin Liberty Systematic Style Premia ETF | -4.03% | 946.37M | Dec 2019 | HFSP vs FLSP |
Often Compared With HFSP
Investors most often compare HFSP with IMF, AHLT, EHLS. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare HFSP with Any Fund or Stock
Compare HFSP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HFSP with funds that move differently
TradersAI Large Cap Equity & Cash ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HFSP.
Explore HFSP Diversifiers