State Street Multi-Asset Real Return ETF (RLY) belongs to the Hedge Fund category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with RLY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RLY
RLY charges 0.50% annually. No ETFs in the Hedge Fund category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Interest Rate Hedge ETF | 0.50% | 167.19M | May 2021 | RLY vs PFIX | |
| RPAR Risk Parity ETF | 0.51% | 576.22M | Dec 2019 | RLY vs RPAR | |
| Global X NASDAQ 100 Tail Risk ETF | 0.60% | 7.64M | Aug 2021 | RLY vs QTR | |
| Global X NASDAQ 100 Collar 95-110 ETF | 0.60% | 3.42M | Aug 2021 | RLY vs QCLR | |
| Syntax Stratified U.S. Total Market Hedged ETF | 0.65% | 23.16M | Jun 2021 | RLY vs SHUS |
Best Risk-Adjusted Alternatives to RLY
RLY has a PortfoliosLab risk / return rank of 84. There are 2 ETFs in the Hedge Fund category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Proshares Merger ETF | 95 | 15.94M | Dec 2012 | RLY vs MRGR | |
| WisdomTree Managed Futures Strategy Fund | 85 | 237.72M | Jan 2011 | RLY vs WTMF | |
| First Trust Managed Futures Strategy Fund | 68 | 247.50M | Aug 2013 | RLY vs FMF | |
| AltShares Merger Arbitrage ETF | 60 | 90.93M | May 2020 | RLY vs ARB | |
| Cambria Global Momentum ETF | 57 | 68.55M | Nov 2014 | RLY vs GMOM |
Top Performing RLY Alternatives (YTD)
RLY is at 14.04% YTD. There is 1 ETF in the Hedge Fund category with a higher YTD return, going as high as 14.11%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Dorsey Wright Dynamic Focus 5 ETF | 14.11% | 109.45M | Mar 2016 | RLY vs FVC | |
| Global X NASDAQ 100 Tail Risk ETF | 13.65% | 7.64M | Aug 2021 | RLY vs QTR | |
| Syntax Stratified U.S. Total Market Hedged ETF | 10.20% | 23.16M | Jun 2021 | RLY vs SHUS | |
| Aptus Drawdown Managed Equity ETF | 9.07% | 243.07M | Jun 2016 | RLY vs ADME | |
| Cambria Global Momentum ETF | 8.66% | 68.55M | Nov 2014 | RLY vs GMOM |
Lowest Volatility Alternatives to RLY
RLY has 10.57% 1-year volatility. There are 7 ETFs in the Hedge Fund category with lower 1-year volatility, going as low as 3.39%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AltShares Merger Arbitrage ETF | 3.39% | 90.93M | May 2020 | RLY vs ARB | |
| Proshares Merger ETF | 4.24% | 15.94M | Dec 2012 | RLY vs MRGR | |
| IQ Merger Arbitrage ETF | 4.81% | 253.18M | Nov 2009 | RLY vs MNA | |
| WisdomTree Managed Futures Strategy Fund | 9.10% | 237.72M | Jan 2011 | RLY vs WTMF | |
| First Trust Managed Futures Strategy Fund | 9.81% | 247.50M | Aug 2013 | RLY vs FMF |
Lowest Drawdown Alternatives to RLY
RLY has a 1-year max drawdown of -7.54%. There are 9 ETFs in the Hedge Fund category with shallower 1-year drawdowns, going as shallow as -1.29%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Proshares Merger ETF | -1.29% | 15.94M | Dec 2012 | RLY vs MRGR | |
| IQ Merger Arbitrage ETF | -1.40% | 253.18M | Nov 2009 | RLY vs MNA | |
| AltShares Merger Arbitrage ETF | -1.54% | 90.93M | May 2020 | RLY vs ARB | |
| WisdomTree Managed Futures Strategy Fund | -4.04% | 237.72M | Jan 2011 | RLY vs WTMF | |
| First Trust Managed Futures Strategy Fund | -4.51% | 247.50M | Aug 2013 | RLY vs FMF |
Other ETFs from State Street
The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 10 categories. AUM among these funds goes as high as $783B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 66 | 10.84% | 783.21B | Jan 1993 | RLY vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 24 | -6.10% | 132.10B | Nov 2004 | RLY vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 66 | 27.85% | 120.59B | Dec 1998 | RLY vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 49 | 12.15% | 52.75B | Sep 2000 | RLY vs SPYG | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 52 | 14.61% | 7.40B | Oct 2015 | RLY vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 54 | 29.13% | 36.33B | Dec 1998 | RLY vs XLE | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 67 | 10.90% | 158.31B | Nov 2005 | RLY vs SPYM | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 24 | -6.00% | 27.70B | Jun 2018 | RLY vs GLDM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 30 | 8.46% | 23.51B | Dec 1998 | RLY vs XLU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 1.89% | 46.75B | May 2007 | RLY vs BIL |
Often Compared With RLY
Investors most often compare RLY with RAAX, SECT, SCHD. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare RLY with Any Fund or Stock
Compare RLY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RLY with funds that move differently
State Street Multi-Asset Real Return ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RLY.
Explore RLY Diversifiers