Harbor Long-Short Equity ETF (LSEQ) 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 LSEQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LSEQ
LSEQ charges 1.70% annually. There are 23 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% | 1.61B | May 2026 | LSEQ vs BFLX | |
| ProShares Large Cap Core Plus | 0.45% | 515.52M | Jul 2009 | LSEQ vs CSM | |
| Aptus International Enhanced Yield ETF | 0.45% | 490.37M | Jul 2021 | LSEQ vs IDUB | |
| Arin Tactical Tail Risk ETF | 0.63% | — | Oct 2025 | LSEQ vs ATTR | |
| Franklin Liberty Systematic Style Premia ETF | 0.65% | 1.04B | Dec 2019 | LSEQ vs FLSP |
Best Risk-Adjusted Alternatives to LSEQ
LSEQ has a PortfoliosLab risk / return rank of 53. There are 12 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 | LSEQ vs CLSE | |
| Hull Tactical US ETF | 84 | 137.43M | Jun 2015 | LSEQ vs HTUS | |
| NYLI Hedge Multi-Strategy Tracker ETF | 83 | 1.02B | Mar 2009 | LSEQ vs QAI | |
| ProShares Hedge Replication | 83 | 22.00M | Jul 2011 | LSEQ vs HDG | |
| Franklin Liberty Systematic Style Premia ETF | 81 | 1.04B | Dec 2019 | LSEQ vs FLSP |
Top Performing LSEQ Alternatives (YTD)
LSEQ is at 19.52% YTD. There is 1 ETF in the Long-Short category with a higher YTD return, going as high as 24.81%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Convergence Long/Short Equity ETF | 24.81% | 447.61M | Dec 2009 | LSEQ vs CLSE | |
| Aptus International Enhanced Yield ETF | 15.77% | 490.37M | Jul 2021 | LSEQ vs IDUB | |
| Militia Long/Short Equity ETF | 14.14% | 138.61M | Jan 2025 | LSEQ vs ORR | |
| Efficient Market Portfolio Plus ETF | 14.07% | — | Dec 2024 | LSEQ vs EMPB | |
| Hull Tactical US ETF | 12.44% | 137.43M | Jun 2015 | LSEQ vs HTUS |
Lowest Volatility Alternatives to LSEQ
LSEQ has 17.34% 1-year volatility. There are 19 ETFs in the Long-Short category with lower 1-year volatility, going as low as 3.31%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Arin Tactical Tail Risk ETF | 3.31% | — | Oct 2025 | LSEQ vs ATTR | |
| ProShares Hedge Replication | 6.39% | 22.00M | Jul 2011 | LSEQ vs HDG | |
| Federated Hermes MDT Market Neutral ETF | 6.67% | 106.80M | Sep 2025 | LSEQ vs MKTN | |
| NYLI Hedge Multi-Strategy Tracker ETF | 6.88% | 1.02B | Mar 2009 | LSEQ vs QAI | |
| AltShares Event-Driven ETF | 7.54% | 8.62M | Dec 2014 | LSEQ vs EVNT |
Lowest Drawdown Alternatives to LSEQ
LSEQ has a 1-year max drawdown of -8.47%. There are 7 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 | LSEQ vs EVNT | |
| NYLI Hedge Multi-Strategy Tracker ETF | -3.71% | 1.02B | Mar 2009 | LSEQ vs QAI | |
| First Trust Long/Short Equity ETF | -3.79% | 2.49B | Sep 2014 | LSEQ vs FTLS | |
| ProShares Hedge Replication | -3.97% | 22.00M | Jul 2011 | LSEQ vs HDG | |
| Franklin Liberty Systematic Style Premia ETF | -4.03% | 1.04B | Dec 2019 | LSEQ vs FLSP |
Other ETFs from Harbor
The 10 most viewed Harbor ETFs shown here include HGER, HAPI, GDIV and span 10 categories. AUM among these funds goes as high as $4B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Harbor Commodity All-Weather Strategy ETF | Commodities | 84 | 27.92% | 3.68B | Feb 2022 | LSEQ vs HGER | |
| Harbor Corporate Culture ETF | Large Cap Blend Equities | 70 | 11.13% | 490.21M | Oct 2022 | LSEQ vs HAPI | |
| Harbor Dividend Growth Leaders ETF | Large Cap Blend Equities, Dividend | 80 | 13.65% | 235.29M | Jul 2013 | LSEQ vs GDIV | |
| Harbor International Compounders ETF | Foreign Large Cap Equities | 27 | 0.99% | 483.36M | Sep 2022 | LSEQ vs OSEA | |
| Harbor Health Care ETF | Health & Biotech Equities | 39 | 2.64% | 41.21M | Nov 2022 | LSEQ vs MEDI | |
| Harbor Scientific Alpha High-Yield ETF | High Yield Bonds | 64 | 2.41% | 148.94M | Sep 2021 | LSEQ vs SIHY | |
| Harbor Long-Term Growers ETF | Large Cap Growth Equities | 28 | 6.58% | 1.13B | Feb 2022 | LSEQ vs WINN | |
| Harbor Human Capital Factor US Small Cap ETF | Small Cap Blend Equities | 84 | 21.10% | 170.62M | Apr 2023 | LSEQ vs HAPS | |
| Harbor Scientific Alpha Income ETF | Multisector Bonds | 62 | 1.49% | 33.55M | Sep 2021 | LSEQ vs SIFI | |
| Harbor Transformative Technologies ETF | Technology Equities | 45 | 15.26% | 6.36M | Apr 2025 | LSEQ vs TEC |
Often Compared With LSEQ
Investors most often compare LSEQ with HFEQ, HEFT, ^SP600. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare LSEQ with Any Fund or Stock
Compare LSEQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LSEQ with funds that move differently
Harbor Long-Short Equity ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LSEQ.
Explore LSEQ Diversifiers