Brookmont Catastrophic Bond ETF (ILS) belongs to the Nontraditional Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ILS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ILS
ILS charges 1.58% annually. There are 24 ETFs in the Nontraditional Bonds category with lower expense ratios, going as low as 0.23%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 0.23% | 131.15M | Dec 2013 | ILS vs AGZD | |
| DoubleLine Asset-Backed Securities ETF | 0.40% | 146.87M | Feb 2025 | ILS vs DABS | |
| JPMorgan Flexible Debt ETF | 0.45% | 1.44B | Sep 2025 | ILS vs JFLX | |
| Simplify Bond Bull ETF | 0.50% | 45.63M | Dec 2024 | ILS vs RFIX | |
| Simplify Interest Rate Hedge ETF | 0.50% | 182.81M | May 2021 | ILS vs PFIX |
Best Risk-Adjusted Alternatives to ILS
ILS has a PortfoliosLab risk / return rank of 98. No ETFs in the Nontraditional Bonds category have higher risk-adjusted ranks; the top alternatives shown here go as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 91 | 131.15M | Dec 2013 | ILS vs AGZD | |
| Simplify Kayne Anderson Energy and Infrastructure ... | 88 | 150.10M | May 2025 | ILS vs KNRG | |
| DoubleLine Asset-Backed Securities ETF | 85 | 146.87M | Feb 2025 | ILS vs DABS | |
| NEOS Enhanced Income Credit Select ETF | 81 | 219.35M | Sep 2024 | ILS vs HYBI | |
| Return Stacked Bonds & Managed Futures ETF | 74 | 137.91M | Feb 2023 | ILS vs RSBT |
Top Performing ILS Alternatives (YTD)
ILS is at 3.50% YTD. There are 4 ETFs in the Nontraditional Bonds category with higher YTD returns, going as high as 10.66%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Interest Rate Hedge ETF | 10.66% | 182.81M | May 2021 | ILS vs PFIX | |
| FolioBeyond Alternative Income and Interest Rate H... | 4.91% | 180.75M | Sep 2021 | ILS vs RISR | |
| Simplify Bond Bull ETF | 4.85% | 45.63M | Dec 2024 | ILS vs RFIX | |
| Return Stacked Bonds & Managed Futures ETF | 4.41% | 137.91M | Feb 2023 | ILS vs RSBT | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 2.83% | 131.15M | Dec 2013 | ILS vs AGZD |
Lowest Volatility Alternatives to ILS
ILS has 2.46% 1-year volatility. There are 2 ETFs in the Nontraditional Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vest 2 Year Interest Rate Hedge ETF | 0.00% | — | Jan 2024 | ILS vs HYKE | |
| DoubleLine Asset-Backed Securities ETF | 2.41% | 146.87M | Feb 2025 | ILS vs DABS | |
| JPMorgan Flexible Debt ETF | 2.58% | 1.44B | Sep 2025 | ILS vs JFLX | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 2.69% | 131.15M | Dec 2013 | ILS vs AGZD | |
| First Trust TCW Unconstrained Plus Bond ETF | 2.98% | 3.26B | Jun 2018 | ILS vs UCON |
Lowest Drawdown Alternatives to ILS
ILS has a 1-year max drawdown of -0.55%. No ETFs in the Nontraditional Bonds category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -0.73%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | -0.73% | 131.15M | Dec 2013 | ILS vs AGZD | |
| DoubleLine Asset-Backed Securities ETF | -1.29% | 146.87M | Feb 2025 | ILS vs DABS | |
| NEOS Enhanced Income Credit Select ETF | -1.43% | 219.35M | Sep 2024 | ILS vs HYBI | |
| Nicholas Fixed Income Alternative ETF | -2.40% | 130.55M | Nov 2022 | ILS vs FIAX | |
| First Trust TCW Unconstrained Plus Bond ETF | -2.45% | 3.26B | Jun 2018 | ILS vs UCON |
Often Compared With ILS
Investors most often compare ILS with CBYYX, SPY, JAAA. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare ILS with Any Fund or Stock
Compare ILS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ILS with funds that move differently
Brookmont Catastrophic Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ILS.
Explore ILS Diversifiers