Alternatives ETFs: head to head

Two alternatives ETFs running the same strategy: how closely each moved with the S&P 500 over the same 52 weeks, what each did in the weeks it fell, and what each earned against T-bills.

56 funds, 373 comparison pages, as of Oct 1, 2026. Open a fund to see what it can be compared with.

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Ticker	Fund	Compared with
ACIO	Aptus Collared Investment Opportunity ETF	19 comparisons vs CAOS vs CCOR vs FHEQ vs HEGD vs HELO vs HEQQ vs HEQT vs HOLA vs KSPY vs PHEQ vs QBER vs QBUL vs QCLR vs QTR vs SHDG vs TAIL vs THEQ vs XCLR vs XTR
AHLT	AHL Trend ETF	16 comparisons vs ASMF vs BTRN vs CTA vs DBMF vs FFUT vs FMF vs HOLD vs IMF vs ISMF vs KMLM vs MFUT vs PRAE vs RSBT vs RSST vs TFPN vs WTMF
ASMF	Virtus AlphaSimplex Managed Futures ETF	16 comparisons vs AHLT vs BTRN vs CTA vs DBMF vs FFUT vs FMF vs HOLD vs IMF vs ISMF vs KMLM vs MFUT vs PRAE vs RSBT vs RSST vs TFPN vs WTMF
BTAL	AGF U.S. Market Neutral Anti-Beta Fund	1 comparisons vs MKTN
BTRN	Global X Bitcoin Trend Strategy ETF	16 comparisons vs AHLT vs ASMF vs CTA vs DBMF vs FFUT vs FMF vs HOLD vs IMF vs ISMF vs KMLM vs MFUT vs PRAE vs RSBT vs RSST vs TFPN vs WTMF
CAOS	Alpha Architect Tail Risk ETF	19 comparisons vs ACIO vs CCOR vs FHEQ vs HEGD vs HELO vs HEQQ vs HEQT vs HOLA vs KSPY vs PHEQ vs QBER vs QBUL vs QCLR vs QTR vs SHDG vs TAIL vs THEQ vs XCLR vs XTR
CBLS	Clough Hedged Equity ETF	7 comparisons vs CLSE vs CSM vs EHLS vs FFLS vs FTLS vs LSEQ vs ORR
CCOR	Core Alternative ETF	19 comparisons vs ACIO vs CAOS vs FHEQ vs HEGD vs HELO vs HEQQ vs HEQT vs HOLA vs KSPY vs PHEQ vs QBER vs QBUL vs QCLR vs QTR vs SHDG vs TAIL vs THEQ vs XCLR vs XTR
CLSE	Convergence Long/Short Equity ETF	7 comparisons vs CBLS vs CSM vs EHLS vs FFLS vs FTLS vs LSEQ vs ORR
CSM	ProShares Large Cap Core Plus	7 comparisons vs CBLS vs CLSE vs EHLS vs FFLS vs FTLS vs LSEQ vs ORR
CTA	Simplify Managed Futures Strategy ETF	16 comparisons vs AHLT vs ASMF vs BTRN vs DBMF vs FFUT vs FMF vs HOLD vs IMF vs ISMF vs KMLM vs MFUT vs PRAE vs RSBT vs RSST vs TFPN vs WTMF
DBMF	iMGP DBi Managed Futures Strategy ETF	16 comparisons vs AHLT vs ASMF vs BTRN vs CTA vs FFUT vs FMF vs HOLD vs IMF vs ISMF vs KMLM vs MFUT vs PRAE vs RSBT vs RSST vs TFPN vs WTMF
EHLS	Even Herd Long Short ETF	7 comparisons vs CBLS vs CLSE vs CSM vs FFLS vs FTLS vs LSEQ vs ORR
FFLS	The Future Fund Long/Short ETF	7 comparisons vs CBLS vs CLSE vs CSM vs EHLS vs FTLS vs LSEQ vs ORR
FFUT	Fidelity Managed Futures ETF	16 comparisons vs AHLT vs ASMF vs BTRN vs CTA vs DBMF vs FMF vs HOLD vs IMF vs ISMF vs KMLM vs MFUT vs PRAE vs RSBT vs RSST vs TFPN vs WTMF
FHEQ	Fidelity Hedged Equity ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs HEGD vs HELO vs HEQQ vs HEQT vs HOLA vs KSPY vs PHEQ vs QBER vs QBUL vs QCLR vs QTR vs SHDG vs TAIL vs THEQ vs XCLR vs XTR
FLSP	Franklin Systematic Style Premia ETF	5 comparisons vs HDG vs LALT vs QAI vs QALT vs QIS
FMF	First Trust Managed Futures Strategy Fund	16 comparisons vs AHLT vs ASMF vs BTRN vs CTA vs DBMF vs FFUT vs HOLD vs IMF vs ISMF vs KMLM vs MFUT vs PRAE vs RSBT vs RSST vs TFPN vs WTMF
FTLS	First Trust Long/Short Equity	7 comparisons vs CBLS vs CLSE vs CSM vs EHLS vs FFLS vs LSEQ vs ORR
HDG	ProShares Hedge Replication ETF	5 comparisons vs FLSP vs LALT vs QAI vs QALT vs QIS
HEGD	Swan Hedged Equity US Large Cap ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs FHEQ vs HELO vs HEQQ vs HEQT vs HOLA vs KSPY vs PHEQ vs QBER vs QBUL vs QCLR vs QTR vs SHDG vs TAIL vs THEQ vs XCLR vs XTR
HELO	JPMorgan Hedged Equity Laddered Overlay ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs FHEQ vs HEGD vs HEQQ vs HEQT vs HOLA vs KSPY vs PHEQ vs QBER vs QBUL vs QCLR vs QTR vs SHDG vs TAIL vs THEQ vs XCLR vs XTR
HEQQ	JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs FHEQ vs HEGD vs HELO vs HEQT vs HOLA vs KSPY vs PHEQ vs QBER vs QBUL vs QCLR vs QTR vs SHDG vs TAIL vs THEQ vs XCLR vs XTR
HEQT	Simplify Hedged Equity ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs FHEQ vs HEGD vs HELO vs HEQQ vs HOLA vs KSPY vs PHEQ vs QBER vs QBUL vs QCLR vs QTR vs SHDG vs TAIL vs THEQ vs XCLR vs XTR
HOLA	JPMorgan International Hedged Equity Laddered Overlay ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs FHEQ vs HEGD vs HELO vs HEQQ vs HEQT vs KSPY vs PHEQ vs QBER vs QBUL vs QCLR vs QTR vs SHDG vs TAIL vs THEQ vs XCLR vs XTR
HOLD	Harbor Alpha Layering ETF	16 comparisons vs AHLT vs ASMF vs BTRN vs CTA vs DBMF vs FFUT vs FMF vs IMF vs ISMF vs KMLM vs MFUT vs PRAE vs RSBT vs RSST vs TFPN vs WTMF
IMF	Invesco Managed Futures Strategy ETF	16 comparisons vs AHLT vs ASMF vs BTRN vs CTA vs DBMF vs FFUT vs FMF vs HOLD vs ISMF vs KMLM vs MFUT vs PRAE vs RSBT vs RSST vs TFPN vs WTMF
ISMF	iShares Managed Futures Active ETF	16 comparisons vs AHLT vs ASMF vs BTRN vs CTA vs DBMF vs FFUT vs FMF vs HOLD vs IMF vs KMLM vs MFUT vs PRAE vs RSBT vs RSST vs TFPN vs WTMF
KMLM	KraneShares Mount Lucas Managed Futures Index Strategy ETF	16 comparisons vs AHLT vs ASMF vs BTRN vs CTA vs DBMF vs FFUT vs FMF vs HOLD vs IMF vs ISMF vs MFUT vs PRAE vs RSBT vs RSST vs TFPN vs WTMF
KSPY	KraneShares Hedgeye Hedged Equity Index ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs FHEQ vs HEGD vs HELO vs HEQQ vs HEQT vs HOLA vs PHEQ vs QBER vs QBUL vs QCLR vs QTR vs SHDG vs TAIL vs THEQ vs XCLR vs XTR
LALT	First Trust Multi-Strategy Alternative ETF	5 comparisons vs FLSP vs HDG vs QAI vs QALT vs QIS
LSEQ	Harbor Long-Short Equity ETF	7 comparisons vs CBLS vs CLSE vs CSM vs EHLS vs FFLS vs FTLS vs ORR
MFUT	Cambria Chesapeake Pure Trend ETF	16 comparisons vs AHLT vs ASMF vs BTRN vs CTA vs DBMF vs FFUT vs FMF vs HOLD vs IMF vs ISMF vs KMLM vs PRAE vs RSBT vs RSST vs TFPN vs WTMF
MKTN	Federated Hermes MDT Market Neutral ETF	1 comparisons vs BTAL
MNA	NYLIM Merger Arbitrage ETF	2 comparisons vs MRGR vs RSBA
MRGR	ProShares Merger ETF	2 comparisons vs MNA vs RSBA
ORR	Militia Long/Short Equity ETF	7 comparisons vs CBLS vs CLSE vs CSM vs EHLS vs FFLS vs FTLS vs LSEQ
PHEQ	Parametric Hedged Equity ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs FHEQ vs HEGD vs HELO vs HEQQ vs HEQT vs HOLA vs KSPY vs QBER vs QBUL vs QCLR vs QTR vs SHDG vs TAIL vs THEQ vs XCLR vs XTR
PRAE	PlanRock Equity Plus Alternatives ETF	16 comparisons vs AHLT vs ASMF vs BTRN vs CTA vs DBMF vs FFUT vs FMF vs HOLD vs IMF vs ISMF vs KMLM vs MFUT vs RSBT vs RSST vs TFPN vs WTMF
QAI	NYLIM Hedge Multi-Strategy Tracker ETF	5 comparisons vs FLSP vs HDG vs LALT vs QALT vs QIS
QALT	SEI DBi Multi-Strategy Alternative ETF	5 comparisons vs FLSP vs HDG vs LALT vs QAI vs QIS
QBER	TrueShares Quarterly Bear Hedge ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs FHEQ vs HEGD vs HELO vs HEQQ vs HEQT vs HOLA vs KSPY vs PHEQ vs QBUL vs QCLR vs QTR vs SHDG vs TAIL vs THEQ vs XCLR vs XTR
QBUL	TrueShares Quarterly Bull Hedge ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs FHEQ vs HEGD vs HELO vs HEQQ vs HEQT vs HOLA vs KSPY vs PHEQ vs QBER vs QCLR vs QTR vs SHDG vs TAIL vs THEQ vs XCLR vs XTR
QCLR	Global X NASDAQ 100 Collar 95-110 ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs FHEQ vs HEGD vs HELO vs HEQQ vs HEQT vs HOLA vs KSPY vs PHEQ vs QBER vs QBUL vs QTR vs SHDG vs TAIL vs THEQ vs XCLR vs XTR
QIS	Simplify Multi-QIS Alternative ETF	5 comparisons vs FLSP vs HDG vs LALT vs QAI vs QALT
QTR	Global X NASDAQ 100 Tail Risk ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs FHEQ vs HEGD vs HELO vs HEQQ vs HEQT vs HOLA vs KSPY vs PHEQ vs QBER vs QBUL vs QCLR vs SHDG vs TAIL vs THEQ vs XCLR vs XTR
RSBA	Return Stacked Bonds & Merger Arbitrage ETF	2 comparisons vs MNA vs MRGR
RSBT	Return Stacked Bonds & Managed Futures ETF	16 comparisons vs AHLT vs ASMF vs BTRN vs CTA vs DBMF vs FFUT vs FMF vs HOLD vs IMF vs ISMF vs KMLM vs MFUT vs PRAE vs RSST vs TFPN vs WTMF
RSST	Return Stacked U.S. Stocks & Managed Futures ETF	16 comparisons vs AHLT vs ASMF vs BTRN vs CTA vs DBMF vs FFUT vs FMF vs HOLD vs IMF vs ISMF vs KMLM vs MFUT vs PRAE vs RSBT vs TFPN vs WTMF
SHDG	Soundwatch Hedged Equity ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs FHEQ vs HEGD vs HELO vs HEQQ vs HEQT vs HOLA vs KSPY vs PHEQ vs QBER vs QBUL vs QCLR vs QTR vs TAIL vs THEQ vs XCLR vs XTR
TAIL	Cambria Tail Risk ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs FHEQ vs HEGD vs HELO vs HEQQ vs HEQT vs HOLA vs KSPY vs PHEQ vs QBER vs QBUL vs QCLR vs QTR vs SHDG vs THEQ vs XCLR vs XTR
TFPN	Blueprint Chesapeake Multi-Asset Trend ETF	16 comparisons vs AHLT vs ASMF vs BTRN vs CTA vs DBMF vs FFUT vs FMF vs HOLD vs IMF vs ISMF vs KMLM vs MFUT vs PRAE vs RSBT vs RSST vs WTMF
THEQ	T. Rowe Price Hedged Equity ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs FHEQ vs HEGD vs HELO vs HEQQ vs HEQT vs HOLA vs KSPY vs PHEQ vs QBER vs QBUL vs QCLR vs QTR vs SHDG vs TAIL vs XCLR vs XTR
WTMF	WisdomTree Managed Futures Strategy Fund	16 comparisons vs AHLT vs ASMF vs BTRN vs CTA vs DBMF vs FFUT vs FMF vs HOLD vs IMF vs ISMF vs KMLM vs MFUT vs PRAE vs RSBT vs RSST vs TFPN
XCLR	Global X S&P 500 Collar 95-110 ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs FHEQ vs HEGD vs HELO vs HEQQ vs HEQT vs HOLA vs KSPY vs PHEQ vs QBER vs QBUL vs QCLR vs QTR vs SHDG vs TAIL vs THEQ vs XTR
XTR	Global X S&P 500 Tail Risk ETF	19 comparisons vs ACIO vs CAOS vs CCOR vs FHEQ vs HEGD vs HELO vs HEQQ vs HEQT vs HOLA vs KSPY vs PHEQ vs QBER vs QBUL vs QCLR vs QTR vs SHDG vs TAIL vs THEQ vs XCLR

Showing 50 of 56 funds.

Alternatives ETFs comparisons, as of Oct 1, 2026. Source: ETFIQ.

Where to next

Every kind, head to head→Buffer ETFs→Income ETFs→Thematic ETFs→Leveraged ETFs→Crypto ETFs→Across the kinds→

A comparison is not a recommendation. Standards and sources

Cite this page

ETFIQ, Compare two alternatives ETFs, field by field, data as of Oct 1, 2026. https://etfiq.com/compare/alternatives/

Open data →

Free to use with attribution; the underlying files are at Open data.

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