LHA Market State Tactical Beta ETF (MSTB) belongs to the Equity Hedged category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MSTB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MSTB
MSTB charges 1.40% annually. There are 25 ETFs in the Equity Hedged category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X S&P 500 Tail Risk ETF | 0.25% | 4.87M | Aug 2021 | MSTB vs XTR | |
| Global X S&P 500 Collar 95-110 ETF | 0.25% | 3.33M | Aug 2021 | MSTB vs XCLR | |
| Invesco S&P 500 Downside Hedged ETF | 0.39% | 74.50M | Dec 2012 | MSTB vs PHDG | |
| Simplify Hedged Equity ETF | 0.43% | 300.35M | Nov 2021 | MSTB vs HEQT | |
| Invesco QQQ Hedged Advantage ETF | 0.45% | — | May 2025 | MSTB vs QQHG |
Best Risk-Adjusted Alternatives to MSTB
MSTB has a PortfoliosLab risk / return rank of 48. There are 17 ETFs in the Equity Hedged category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | 94 | — | Jun 2024 | MSTB vs MAXJ | |
| Kraneshares Hedgeye Hedged Equity Index ETF | 90 | 118.15M | Jul 2024 | MSTB vs KSPY | |
| Innovator U.S. Small Cap Managed Floor ETF | 87 | 89.46M | Sep 2024 | MSTB vs RFLR | |
| State Street Galaxy Hedged Digital Asset Ecosystem... | 84 | 84.34M | Sep 2024 | MSTB vs HECO | |
| MC Trio Equity Buffered ETF | 81 | — | Mar 2025 | MSTB vs TRIO |
Top Performing MSTB Alternatives (YTD)
MSTB is at 7.89% YTD. There are 8 ETFs in the Equity Hedged category with higher YTD returns, going as high as 62.29%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Galaxy Hedged Digital Asset Ecosystem... | 62.29% | 84.34M | Sep 2024 | MSTB vs HECO | |
| Innovator U.S. Small Cap Managed Floor ETF | 15.20% | 89.46M | Sep 2024 | MSTB vs RFLR | |
| Invesco S&P 500 Downside Hedged ETF | 10.51% | 74.50M | Dec 2012 | MSTB vs PHDG | |
| Horizon NASDAQ-100 Defined Risk ETF | 10.23% | 79.22M | Jul 2025 | MSTB vs QGRD | |
| Invesco QQQ Hedged Advantage ETF | 8.64% | — | May 2025 | MSTB vs QQHG |
Lowest Volatility Alternatives to MSTB
MSTB has 10.74% 1-year volatility. There are 16 ETFs in the Equity Hedged category with lower 1-year volatility, going as low as 2.32%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | 2.32% | — | Jun 2024 | MSTB vs MAXJ | |
| TrueShares Equity Hedge ETF | 5.15% | 14.52M | Jan 2026 | MSTB vs ONEH | |
| Equable Shares Hedged Equity ETF | 5.73% | 301.01M | May 2019 | MSTB vs HEDG | |
| MC Trio Equity Buffered ETF | 6.21% | — | Mar 2025 | MSTB vs TRIO | |
| Simplify Hedged Equity ETF | 6.70% | 300.35M | Nov 2021 | MSTB vs HEQT |
Lowest Drawdown Alternatives to MSTB
MSTB has a 1-year max drawdown of -8.31%. There are 15 ETFs in the Equity Hedged category with shallower 1-year drawdowns, going as shallow as -1.70%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | -1.70% | — | Jun 2024 | MSTB vs MAXJ | |
| Swan Hedged Equity US Large Cap ETF | -4.39% | 584.47M | Dec 2020 | MSTB vs HEGD | |
| Kraneshares Hedgeye Hedged Equity Index ETF | -4.46% | 118.15M | Jul 2024 | MSTB vs KSPY | |
| MC Trio Equity Buffered ETF | -4.47% | — | Mar 2025 | MSTB vs TRIO | |
| Simplify Hedged Equity ETF | -5.09% | 300.35M | Nov 2021 | MSTB vs HEQT |
Other ETFs from Little Harbor Advisors
The 2 most viewed Little Harbor Advisors ETFs shown here include MSTQ, RMIF and span 2 categories. AUM among these funds goes as high as $32M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| LHA Market State Tactical Q ETF | Options Trading | 37 | 10.45% | 32.01M | Mar 2022 | MSTB vs MSTQ | |
| LHA Risk-Managed Income ETF | Multisector Bonds | 28 | -0.52% | 32.41M | Jun 2023 | MSTB vs RMIF |
Often Compared With MSTB
Investors most often compare MSTB with JPST, LGLV, SPY. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare MSTB with Any Fund or Stock
Compare MSTB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MSTB with funds that move differently
LHA Market State Tactical Beta ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MSTB.
Explore MSTB Diversifiers