As of Nov 4, 2026. Rebuilt every trading night.
The largest alternatives ETFs
See 15 funds ranked by net assets. Updated Nov 4, 2026. Size does not show how much a fund diversifies. The correlation column does.
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All 15, highest first
15 of 15 · click a column to sort| # | Ticker | Fund | Strategy | Net assets ↓ | Correlation | Source |
|---|---|---|---|---|---|---|
| 1 | IALT | iShares Systematic Alternatives Active E | Multi-strategy | $7.9bn | under a year | Issuer daily, Nov 3, 2026 |
| 2 | DBMF | iMGP DBi Managed Futures Strategy ETF | Managed futures | $5.2bn | +0.26 | Issuer page, Nov 3, 2026 |
| 3 | HELO | JPMorgan Hedged Equity Laddered Overlay | Hedged equity | $4.9bn | +0.95 | Issuer page, Nov 3, 2026 |
| 4 | FTLS | First Trust Long/Short Equity | Long-short equity | $2.6bn | +0.83 | Issuer page, Nov 3, 2026 |
| 5 | ACIO | Aptus Collared Investment Opportunity ET | Hedged equity | $2.4bn | +0.99 | SEC N-PORT, Jul 31, 2026 |
| 6 | CTA | Simplify Managed Futures Strategy ETF | Managed futures | $1.3bn | −0.14 | Issuer page, Nov 3, 2026 |
| 7 | FLSP | Franklin Systematic Style Premia ETF | Multi-strategy | $1.2bn | −0.13 | Issuer page, Nov 3, 2026 |
| 8 | QAI | NYLIM Hedge Multi-Strategy Tracker ETF | Multi-strategy | $1.0bn | +0.89 | SEC N-PORT, Jul 31, 2026 |
| 9 | FHEQ | Fidelity Hedged Equity ETF | Hedged equity | $986m | +0.98 | Issuer, month end, Sep 30, 2026 |
| 10 | CLSE | Convergence Long/Short Equity ETF | Long-short equity | $900m | +0.73 | SEC N-PORT, Aug 31, 2026 |
| 11 | HEGD | Swan Hedged Equity US Large Cap ETF | Hedged equity | $735m | +0.98 | SEC N-PORT, Aug 31, 2026 |
| 12 | CAOS | Alpha Architect Tail Risk ETF | Hedged equity | $728m | −0.15 | Issuer page, Nov 3, 2026 |
| 13 | KMLM | KraneShares Mount Lucas Managed Futures | Managed futures | $586m | −0.12 | Issuer page, Nov 4, 2026 |
| 14 | CSM | ProShares Large Cap Core Plus | Long-short equity | $521m | +0.98 | Issuer page, Nov 4, 2026 |
| 15 | SVOL | Simplify Volatility Premium ETF | Volatility | $491m | +0.75 | Issuer page, Nov 3, 2026 |
Ranked on the most recent net assets ETFIQ can source for each fund, with the kind of source named beside it.
The rest of the method
Size shows where the money is, not what a fund did. The list sorts one published number, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.
Links are sources, not endorsements. A ranking is not a recommendation or an opinion.
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ETFIQ, The largest alternatives ETFs, ranked by net assets, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-largest
ETFIQ. (Nov 4, 2026). The largest alternatives ETFs, ranked by net assets. Retrieved from https://etfiq.com/rankings/alternatives-largest
[The largest alternatives ETFs, ranked by net assets (ETFIQ, Nov 4, 2026)](https://etfiq.com/rankings/alternatives-largest)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.