{"url":"https://etfiq.com/flows/rankings/desk/alternatives/outflows/","section":"flows","title":"Alternatives ETF outflows, 12 months to May 2026 | ETFIQ","description":"Over twelve months to May 2026, QBER lost the most of 55 alternatives ETFs with SEC filings for every month, $92.6m. Ranked over 12 months to May 2026.","as_of":"Oct 8, 2026","structured_data":[{"@type":"ItemList","name":"The alternatives ETFs that lost the most, 12 months to May 2026","numberOfItems":14,"itemListOrder":"https://schema.org/ItemListOrderDescending","itemListElement":[{"@type":"ListItem","position":1,"name":"QBER","url":"https://etfiq.com/funds/qber"},{"@type":"ListItem","position":2,"name":"HEQT","url":"https://etfiq.com/funds/heqt"},{"@type":"ListItem","position":3,"name":"IMF","url":"https://etfiq.com/funds/imf"},{"@type":"ListItem","position":4,"name":"QBUL","url":"https://etfiq.com/funds/qbul"},{"@type":"ListItem","position":5,"name":"CCOR","url":"https://etfiq.com/funds/ccor"},{"@type":"ListItem","position":6,"name":"CSM","url":"https://etfiq.com/funds/csm"},{"@type":"ListItem","position":7,"name":"NTRL","url":"https://etfiq.com/funds/ntrl"},{"@type":"ListItem","position":8,"name":"QIS","url":"https://etfiq.com/funds/qis"},{"@type":"ListItem","position":9,"name":"LSEQ","url":"https://etfiq.com/funds/lseq"},{"@type":"ListItem","position":10,"name":"SHDG","url":"https://etfiq.com/funds/shdg"},{"@type":"ListItem","position":11,"name":"HDG","url":"https://etfiq.com/funds/hdg"},{"@type":"ListItem","position":12,"name":"BTRN","url":"https://etfiq.com/funds/btrn"},{"@type":"ListItem","position":13,"name":"EHLS","url":"https://etfiq.com/funds/ehls"},{"@type":"ListItem","position":14,"name":"TFPN","url":"https://etfiq.com/funds/tfpn"}]},{"@type":"Dataset","name":"The alternatives ETFs that lost the most","description":"Over twelve months to May 2026, QBER lost the most of 55 alternatives ETFs with SEC filings for every month, $92.6m. Ranked over 12 months to May 2026.","url":"https://etfiq.com/flows/rankings/desk/alternatives/outflows/","dateModified":"2026-10-09","variableMeasured":["Net fund flow"],"isAccessibleForFree":true,"creditText":"ETFIQ (etfiq.com)","distribution":[{"@type":"DataDownload","encodingFormat":"text/csv","contentUrl":"https://etfiq.com/data/flows/rankings/desk/alternatives/outflows-12m-2026-05.csv"}],"license":"https://etfiq.com/license/","creator":{"@id":"https://etfiq.com/#org"},"publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published"},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Fund flows","item":"https://etfiq.com/flows/"},{"@type":"ListItem","position":3,"name":"Rankings","item":"https://etfiq.com/flows/rankings/"},{"@type":"ListItem","position":4,"name":"Alternatives \u00b7 outflows","item":"https://etfiq.com/flows/rankings/desk/alternatives/outflows/"}]},{"@type":"WebPage","name":"Alternatives ETF outflows, 12 months to May 2026","description":"Over twelve months to May 2026, QBER lost the most of 55 alternatives ETFs with SEC filings for every month, $92.6m. Ranked over 12 months to May 2026.","url":"https://etfiq.com/flows/rankings/desk/alternatives/outflows/","dateModified":"2026-10-09","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":3329,"truncated":false,"content":"ETFIQ / Fund flows / Rankings / Alternatives \u00b7 outflows \n \n Flows as of Oct 8, 2026 , the trading day.\n Flows ranking \u00b7 alternatives ETFs \u00b7 money out\n The alternatives ETFs that lost the most\n Over twelve months to May 2026, QBER lost the most of 55 alternatives ETFs with SEC filings for every month, $92.6m .\n Measure Net flow: money in less money out, in dollars, over the window, leaving any round trip aside \n Coverage Twelve-month list: 55 funds with SEC filings for every month to May 2026, 73.3% of the group\u2019s net assets \n Rank change Against the last edition of this list: the previous trading day for 1W and 1M, the previous month for 12M. \"new\" means not in the top 25 last time \n\n The inflows list \n 12 months to May 2026, SEC filings 12 months \u00b7 Jun 2025 to May 2026\n From SEC filings \u00b7 14 funds \u00b7 the last month every filer has reported\n Filings run about 60 days behind, so this list ends at the latest month every fund in the group has filed, printed in the heading and the title. Rank change is against last month\u2019s edition.\n The 14 alternatives ETFs that lost money most over Jun 2025 to May 2026, of 14 that lost money. Computed by ETFIQ. # Fund Name Net flow Share of assets Rank change \n 1 QBER TrueShares Quarterly Bear Hedge ETF \u2212$92.6m \u00b7 \u25b2 2 \n 2 HEQT Simplify Hedged Equity ETF \u2212$62.4m \u00b7 \u25bc 1 \n 3 IMF Invesco Managed Futures Strategy ETF \u2212$57.0m \u00b7 \u25bc 1 \n 4 QBUL TrueShares Quarterly Bull Hedge ETF \u2212$35.5m \u00b7 same \n 5 CCOR Core Alternative ETF \u2212$30.2m \u00b7 \u25b2 1 \n 6 CSM ProShares Large Cap Core Plus \u2212$25.6m \u00b7 \u25bc 1 \n 7 NTRL First Trust Equity Market Neutral ETF \u2212$14.6m \u00b7 \u25b2 2 \n 8 QIS Simplify Multi-QIS Alternative ETF \u2212$12.8m \u00b7 \u25bc 1 \n 9 LSEQ Harbor Long-Short Equity ETF \u2212$7.4m \u00b7 \u25b2 1 \n 10 SHDG Soundwatch Hedged Equity ETF \u2212$6.5m \u00b7 \u25b2 2 \n 11 HDG ProShares Hedge Replication ETF \u2212$5.1m \u00b7 same \n 12 BTRN Global X Bitcoin Trend Strategy ETF \u2212$3.9m \u00b7 \u25b2 1 \n 13 EHLS Even Herd Long Short ETF \u2212$3.0m \u00b7 \u25b2 2 \n 14 TFPN Blueprint Chesapeake Multi-Asset Trend ETF \u2212$1.5m \u00b7 \u25b2 2 \n SEC Form N-PORT, item B.6, monthly, every fund with a filing for every month of the window.\n \n Other flow rankings\n Alternatives \u00b7 inflows All ETFs \u00b7 outflows Every flows ranking The 12 months list in the flows tool Where these figures came from\n SEC Form N-PORT data sets: monthly sales and redemptions, item B.6 SEC Form N-CEN data sets: each fund\u2019s creation unit, item E.3.a ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.\n ETFIQ is an independent publisher and makes no recommendations; a rank is a sort of one published figure, not an opinion.\n\n Cite this page. ETFIQ, The alternatives ETFs that lost the most, data as of Oct 8, 2026. https://etfiq.com/flows/rankings/desk/alternatives/outflows/ Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, The alternatives ETFs that lost the most, data as of Oct 8, 2026. https://etfiq.com/flows/rankings/desk/alternatives/outflows/ APA ETFIQ. (Oct 8, 2026). The alternatives ETFs that lost the most. Retrieved from https://etfiq.com/flows/rankings/desk/alternatives/outflows/ Markdown [The alternatives ETFs that lost the most (ETFIQ, Oct 8, 2026)](https://etfiq.com/flows/rankings/desk/alternatives/outflows/)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, The alternatives ETFs that lost the most, data as of Oct 8, 2026. https://etfiq.com/flows/rankings/desk/alternatives/outflows/"}