{"url":"https://etfiq.com/rankings/alternatives-ahead-of-t-bills","section":"rankings","title":"Alternatives ETFs furthest ahead of T-bills | ETFIQ","description":"LSEQ leads alternatives ETFs furthest ahead of T-bills at +20.8 pts (against T-bills, one year), as of Nov 4, 2026. A ranking is not a recommendation.","as_of":"Nov 4, 2026","structured_data":[{"@type":"ItemList","name":"Alternatives ETFs furthest ahead of T-bills","numberOfItems":15,"itemListOrder":"https://schema.org/ItemListOrderDescending","itemListElement":[{"@type":"ListItem","position":1,"name":"LSEQ","url":"https://etfiq.com/funds/lseq"},{"@type":"ListItem","position":2,"name":"MFUT","url":"https://etfiq.com/funds/mfut"},{"@type":"ListItem","position":3,"name":"RSST","url":"https://etfiq.com/funds/rsst"},{"@type":"ListItem","position":4,"name":"CLSE","url":"https://etfiq.com/funds/clse"},{"@type":"ListItem","position":5,"name":"ASGM","url":"https://etfiq.com/funds/asgm"},{"@type":"ListItem","position":6,"name":"ORR","url":"https://etfiq.com/funds/orr"},{"@type":"ListItem","position":7,"name":"IMF","url":"https://etfiq.com/funds/imf"},{"@type":"ListItem","position":8,"name":"AHLT","url":"https://etfiq.com/funds/ahlt"},{"@type":"ListItem","position":9,"name":"DBMF","url":"https://etfiq.com/funds/dbmf"},{"@type":"ListItem","position":10,"name":"FFUT","url":"https://etfiq.com/funds/ffut"},{"@type":"ListItem","position":11,"name":"KMLM","url":"https://etfiq.com/funds/kmlm"},{"@type":"ListItem","position":12,"name":"MKTN","url":"https://etfiq.com/funds/mktn"},{"@type":"ListItem","position":13,"name":"TFPN","url":"https://etfiq.com/funds/tfpn"},{"@type":"ListItem","position":14,"name":"CSM","url":"https://etfiq.com/funds/csm"},{"@type":"ListItem","position":15,"name":"PRAE","url":"https://etfiq.com/funds/prae"}]},{"@type":"Dataset","name":"Alternatives ETFs furthest ahead of T-bills","description":"LSEQ leads alternatives ETFs furthest ahead of T-bills at +20.8 pts (against T-bills, one year), as of Nov 4, 2026. A ranking is not a recommendation.","url":"https://etfiq.com/rankings/alternatives-ahead-of-t-bills","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"creditText":"ETFIQ (etfiq.com)","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/alternatives.json"}],"variableMeasured":["Correlation with the S&P 500","Beta to the S&P 500","Down-week capture","Average week when the S&P 500 fell","Return against T-bills","Total return","Strategy","Expense ratio"],"keywords":["exchange-traded funds","ETF","Alternatives ETFs","fund data","SEC filings"]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Rankings","item":"https://etfiq.com/rankings/"},{"@type":"ListItem","position":3,"name":"Alternatives ETFs furthest ahead of T-bills","item":"https://etfiq.com/rankings/alternatives-ahead-of-t-bills"}]},{"@type":"WebPage","name":"Alternatives ETFs furthest ahead of T-bills","description":"LSEQ leads alternatives ETFs furthest ahead of T-bills at +20.8 pts (against T-bills, one year), as of Nov 4, 2026. A ranking is not a recommendation.","url":"https://etfiq.com/rankings/alternatives-ahead-of-t-bills","dateModified":"2026-11-04","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":3902,"truncated":false,"content":"ETFIQ / Rankings / Alternatives ETFs furthest ahead of T-bills \n \n As of Nov 4, 2026 . Rebuilt every trading night.\n Alternatives ETFs furthest ahead of T-bills\n See 15 funds ranked by total return minus BIL\u2019s, in percentage points, one year. Updated Nov 4, 2026. Return against T-bills is what a fund earned over holding cash. It does not measure diversification. A fund can lead this list and still move closely with the index, which the correlation column shows.\n Alternatives ETFs furthest ahead of T-bills, ranked by total return minus BIL\u2019s, in percentage points, as of Nov 4, 2026. Source: ETFIQ. # Ticker Fund Strategy Correlation Beta Down-week capture Against T-bills \n 1 LSEQ Harbor Long-Short Equity ETF Long-short equity +0.18 +0.24 24.8% +20.8 pts \n 2 MFUT Cambria Chesapeake Pure Trend ETF Managed futures +0.54 +0.74 89.9% +19.1 pts \n 3 RSST Return Stacked U.S. Stocks & Managed Fut Managed futures +0.85 +1.45 164.8% +18.9 pts \n 4 CLSE Convergence Long/Short Equity ETF Long-short equity +0.73 +0.75 59.1% +18.4 pts \n 5 ASGM Virtus AlphaSimplex Global Macro ETF Global macro +0.85 +1.08 116.3% +18.2 pts \n 6 ORR Militia Long/Short Equity ETF Long-short equity +0.41 +0.47 25.0% +16.7 pts \n 7 IMF Invesco Managed Futures Strategy ETF Managed futures +0.38 +0.24 13.0% +15.6 pts \n 8 AHLT AHL Trend ETF Managed futures +0.47 +0.58 81.7% +14.7 pts \n 9 DBMF iMGP DBi Managed Futures Strategy ETF Managed futures +0.26 +0.23 32.9% +14.3 pts \n 10 FFUT Fidelity Managed Futures ETF Managed futures +0.09 +0.08 13.6% +13.4 pts \n 11 KMLM KraneShares Mount Lucas Managed Futures Managed futures \u22120.12 \u22120.12 \u221216.3% +12.9 pts \n 12 MKTN Federated Hermes MDT Market Neutral ETF Market neutral \u22120.06 \u22120.03 \u221243.2% +12.6 pts \n 13 TFPN Blueprint Chesapeake Multi-Asset Trend E Managed futures +0.75 +1.00 123.6% +10.8 pts \n 14 CSM ProShares Large Cap Core Plus Long-short equity +0.98 +0.94 90.7% +10.1 pts \n 15 PRAE PlanRock Equity Plus Alternatives ETF Managed futures +0.79 +0.95 120.0% +9.5 pts \n \n Method\n 52 weekly returns to Nov 4, 2026 for each fund and for the S&P 500, measured through SPY with distributions reinvested. Correlation and beta are computed on those weeks; down-week capture is the fund\u2019s average return in the weeks SPY fell, as a share of SPY\u2019s. Return against T-bills is the fund\u2019s total return minus BIL\u2019s over the same weeks. The list sorts one published number, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.\n Where to next\n Every alternatives ETF Alternatives ETFs by lowest S&P 500 correlation Sources\n SEC EDGAR, full-text search of fund filings SEC Form N-PORT, what a fund filed it holds Rule 19a-1, what a distribution notice must say Links are sources, not endorsements.\n A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources \n Cite this page. ETFIQ, Alternatives ETFs furthest ahead of T-bills, ranked by total return minus BIL\u2019s, in percentage points, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-ahead-of-t-bills Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, Alternatives ETFs furthest ahead of T-bills, ranked by total return minus BIL\u2019s, in percentage points, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-ahead-of-t-bills APA ETFIQ. (Nov 4, 2026). Alternatives ETFs furthest ahead of T-bills, ranked by total return minus BIL\u2019s, in percentage points. Retrieved from https://etfiq.com/rankings/alternatives-ahead-of-t-bills Markdown [Alternatives ETFs furthest ahead of T-bills, ranked by total return minus BIL\u2019s, in percentage points (ETFIQ, Nov 4, 2026)](https://etfiq.com/rankings/alternatives-ahead-of-t-bills)","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":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, Alternatives ETFs furthest ahead of T-bills, ranked by total return minus BIL\u2019s, in percentage points, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-ahead-of-t-bills"}