QALT vs. HOLD

Last updated Jul 12, 2026

QALT (SEI DBi Multi-Strategy Alternative ETF) and HOLD (Harbor Alpha Layering ETF) are both Multistrategy funds. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. QALT charges 0.80%/yr vs 0.70%/yr for HOLD.

Performance

QALT vs. HOLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI DBi Multi-Strategy Alternative ETF (QALT) and Harbor Alpha Layering ETF (HOLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with QALT having a 7.08% return and HOLD slightly higher at 7.41%.

QALT

• 1D: 0.04%
• 1M: 1.02%
• 6M: 5.74%
• YTD: 7.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOLD

• 1D: 0.52%
• 1M: -1.32%
• 6M: 4.97%
• YTD: 7.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QALT vs. HOLD - Yearly Performance Comparison

	2026 (YTD)	2025
QALT SEI DBi Multi-Strategy Alternative ETF	7.08%	53.86%
HOLD Harbor Alpha Layering ETF	7.41%	8.48%

Correlation

The correlation between QALT and HOLD is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 25, 2025	0.68

Return for Risk

QALT vs. HOLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI DBi Multi-Strategy Alternative ETF (QALT) and Harbor Alpha Layering ETF (HOLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

QALT vs. HOLD - Drawdown Comparison

The maximum QALT drawdown since its inception was -4.85%, smaller than the maximum HOLD drawdown of -9.47%. Use the drawdown chart below to compare losses from any high point for QALT and HOLD.

Drawdown Indicators

	QALT	HOLD	Difference
Max Drawdown Largest peak-to-trough decline	-4.85%	-9.47%	+4.62%
Current Drawdown Current decline from peak	-0.35%	-5.82%	+5.47%
Average Drawdown Average peak-to-trough decline	-1.28%	-2.36%	+1.08%

Volatility

Volatility by Period

	QALT	HOLD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	50.45%	15.50%	+34.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.45%	15.50%	+34.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.45%	15.50%	+34.95%

QALT vs. HOLD - Expense Ratio Comparison

QALT has a 0.80% expense ratio, which is higher than HOLD's 0.70% expense ratio.

Dividends

QALT vs. HOLD - Dividend Comparison

QALT's dividend yield for the trailing twelve months is around 6.02%, less than HOLD's 6.81% yield.

Position	TTM	2025
HOLD Harbor Alpha Layering ETF	6.81%	7.32%
QALT SEI DBi Multi-Strategy Alternative ETF	6.02%	5.15%

Frequently Asked Questions

Can I hold both QALT and HOLD in my portfolio?

QALT and HOLD have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QALT or HOLD?

On fees, HOLD is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QALT or HOLD?

HOLD is cheaper with a 0.70% expense ratio, compared with 0.80% for QALT.

Which ETF pays a higher dividend yield, QALT or HOLD?

HOLD has the higher dividend yield at 6.81%, compared with 6.02% for QALT.

What is the main difference between QALT and HOLD?

They also come from different issuers: SEI and Harbor. Their fees differ too: 0.80% for QALT and 0.70% for HOLD.