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 14 ETFs in the Long-Short category with lower expense ratios, going as low as 0.45%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Proshares Large Cap Core Plus | 0.45% | 515.62M | 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 | |
| WisdomTree Inflation Plus Fund | 0.65% | 21.79M | Jun 2025 | HFSP vs WTIP | |
| Franklin Liberty Systematic Style Premia ETF | 0.65% | 930.68M | Dec 2019 | HFSP vs FLSP |
Best Risk-Adjusted Alternatives to HFSP
HFSP has a PortfoliosLab risk / return rank of 1. There are 20 ETFs in the Long-Short category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Convergence Long/Short Equity ETF | 95 | 447.61M | Dec 2009 | HFSP vs CLSE | |
| IQ Hedge Multi-Strategy Tracker ETF | 80 | 762.37M | Mar 2009 | HFSP vs QAI | |
| ProShares Hedge Replication | 74 | 21.78M | Jul 2011 | HFSP vs HDG | |
| Harbor Long-Short Equity ETF | 69 | 16.92M | Dec 2023 | HFSP vs LSEQ | |
| Hull Tactical US ETF | 68 | 137.43M | Jun 2015 | HFSP vs HTUS |
Top Performing HFSP Alternatives (YTD)
HFSP is at -8.37% YTD. There are 24 ETFs in the Long-Short category with higher YTD returns, going as high as 28.71%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Harbor Long-Short Equity ETF | 28.71% | 16.92M | Dec 2023 | HFSP vs LSEQ | |
| Convergence Long/Short Equity ETF | 24.77% | 447.61M | Dec 2009 | HFSP vs CLSE | |
| Changebridge Capital Long/Short Equity ETF | 20.31% | 59.25M | Nov 2020 | HFSP vs CBLS | |
| Aptus International Enhanced Yield ETF | 14.34% | 372.15M | Jul 2021 | HFSP vs IDUB | |
| Even Herd Long Short ETF | 14.25% | 60.59M | Apr 2024 | HFSP vs EHLS |
Lowest Volatility Alternatives to HFSP
HFSP has 18.12% 1-year volatility. There are 21 ETFs in the Long-Short category with lower 1-year volatility, going as low as 3.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Arin Tactical Tail Risk ETF | 3.17% | — | Oct 2025 | HFSP vs ATTR | |
| First Trust Merger Arbitrage ETF | 5.35% | 19.90M | Feb 2020 | HFSP vs MARB | |
| ProShares Hedge Replication | 6.24% | 21.78M | Jul 2011 | HFSP vs HDG | |
| IQ Hedge Multi-Strategy Tracker ETF | 6.58% | 762.37M | Mar 2009 | HFSP vs QAI | |
| Federated Hermes MDT Market Neutral ETF | 6.74% | 82.10M | Sep 2025 | HFSP vs MKTN |
Lowest Drawdown Alternatives to HFSP
HFSP has a 1-year max drawdown of -25.82%. There are 20 ETFs in the Long-Short category with shallower 1-year drawdowns, going as shallow as -2.43%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Merger Arbitrage ETF | -2.43% | 19.90M | Feb 2020 | HFSP vs MARB | |
| AltShares Event-Driven ETF | -3.35% | 8.62M | Dec 2014 | HFSP vs EVNT | |
| IQ Hedge Multi-Strategy Tracker ETF | -3.71% | 762.37M | Mar 2009 | HFSP vs QAI | |
| First Trust Long/Short Equity ETF | -3.79% | 2.40B | Sep 2014 | HFSP vs FTLS | |
| ProShares Hedge Replication | -3.97% | 21.78M | Jul 2011 | HFSP vs HDG |
Often Compared With HFSP
Investors most often compare HFSP with IMF, AHLT, CLIX. These 20 comparison targets span 11 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