# QALT (SEI DBi Multi-Strategy Alternative ETF)

SEI · Alternatives ETFs · data as of Sep 18, 2026

In the S&P 500’s down weeks over the year to Sep 18, 2026, QALT fell 21% as much as the index.

## Key facts

- QALT, correlation with the S&P 500: +0.45, as of Sep 18, 2026.
- QALT, beta to the S&P 500: +0.25, as of Sep 18, 2026.
- QALT, down-week capture: 21.1%, as of Sep 18, 2026.
- QALT, against T-bills, 52 weeks: +5.6 pts, as of Sep 18, 2026.
- QALT, net assets: $194m (SEC N-PORT, whole fund, as filed for Jun 30, 2026).
- QALT, expense ratio: 0.80% (485BPOS XBRL, Jul 29, 2026).

## QALT over each window to Sep 18, 2026

| Window | The fund | S&P 500 | Difference, percentage points |
| --- | --- | --- | --- |
| 3 months | −1.2% | +2.3% | −3.5 pts |
| 6 months | +4.3% | +18.0% | −13.7 pts |
| 1 year | +9.1% | +16.6% | −7.5 pts |
| Since it listed | +10.9% | +20.2% | −9.2 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Issuer | SEI | ETFIQ |
| Strategy | Multi-strategy | ETFIQ, from its prospectus |
| Expense ratio | 0.80% | 485BPOS XBRL, Jul 29, 2026 |
| Net assets | $194m | SEC N-PORT, whole fund, as filed for Jun 30, 2026 |
| Weeks measured | 52, from Sep 19, 2025 to Sep 18, 2026 | ETFIQ |
| Weeks the S&P 500 fell | 22 | ETFIQ |
| The S&P 500 in those weeks, on average | −1.24% | ETFIQ |
| QALT in those weeks, on average | −0.26% | ETFIQ |
| QALT total return over those weeks | +9.2% | ETFIQ |
| T-bills | +3.6% | ETFIQ |
| Listed since | Aug 25, 2025 | ETFIQ |
| Days traded | 90 | ETFIQ |
| Quoted | on an exchange, every trading day | ETFIQ |

## Questions

### Does QALT move with the S&P 500?

Over the year to Sep 18, 2026, QALT’s weekly returns had a correlation of +0.45 with the S&P 500’s, on a scale where 1 moves in step, 0 shows no pattern and −1 moves opposite. Its beta was +0.25, so for each 1% the index moved it moved about 0.25% the same way.

### What did QALT do when stocks fell?

The S&P 500 fell in 22 of the 52 weeks to Sep 18, 2026, by 1.24% on average. In those weeks QALT fell 0.26% on average, a down-week capture of 21.1%.

### Did QALT earn more than cash?

Over the same 52 weeks QALT returned +9.2% with distributions reinvested, and BIL, a fund of Treasury bills, returned +3.6%. QALT finished 5.6 percentage points ahead of it.

### What does QALT cost?

The prospectus expense ratio is 0.80% a year.

### Why is QALT listed as multi-strategy?

ETFIQ files each fund by what its own prospectus says it does, and QALT’s, filed Jul 29, 2026, describes a multi-strategy fund.


## Cite this page

ETFIQ, QALT, data as of Sep 18, 2026. https://etfiq.com/funds/qalt
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/qalt  ·  JSON: https://etfiq.com/funds/qalt.json