{"url":"https://etfiq.com/rankings/alternatives-largest-hedged-equity","section":"rankings","title":"Hedged Equity ETFs: 15 Ranked by Size, Nov 2026 | ETFIQ","description":"15 hedged equity ETFs ranked by net assets, as of Nov 4, 2026. HELO leads at $4.9bn in net assets. ACIO is second at $2.4bn in net assets.","as_of":"Nov 4, 2026","structured_data":[{"@type":"ItemList","name":"The largest hedged equity ETFs","numberOfItems":15,"itemListOrder":"https://schema.org/ItemListOrderDescending","itemListElement":[{"@type":"ListItem","position":1,"name":"HELO","url":"https://etfiq.com/funds/helo"},{"@type":"ListItem","position":2,"name":"ACIO","url":"https://etfiq.com/funds/acio"},{"@type":"ListItem","position":3,"name":"FHEQ","url":"https://etfiq.com/funds/fheq"},{"@type":"ListItem","position":4,"name":"HEGD","url":"https://etfiq.com/funds/hegd"},{"@type":"ListItem","position":5,"name":"CAOS","url":"https://etfiq.com/funds/caos"},{"@type":"ListItem","position":6,"name":"HEDG","url":"https://etfiq.com/funds/hedg"},{"@type":"ListItem","position":7,"name":"HEQT","url":"https://etfiq.com/funds/heqt"},{"@type":"ListItem","position":8,"name":"HOLA","url":"https://etfiq.com/funds/hola"},{"@type":"ListItem","position":9,"name":"SHDG","url":"https://etfiq.com/funds/shdg"},{"@type":"ListItem","position":10,"name":"TAIL","url":"https://etfiq.com/funds/tail"},{"@type":"ListItem","position":11,"name":"PHEQ","url":"https://etfiq.com/funds/pheq"},{"@type":"ListItem","position":12,"name":"KSPY","url":"https://etfiq.com/funds/kspy"},{"@type":"ListItem","position":13,"name":"TOAK","url":"https://etfiq.com/funds/toak"},{"@type":"ListItem","position":14,"name":"ATTR","url":"https://etfiq.com/funds/attr"},{"@type":"ListItem","position":15,"name":"JHDG","url":"https://etfiq.com/funds/jhdg"}]},{"@type":"Dataset","name":"The largest hedged equity ETFs","description":"15 hedged equity ETFs ranked by net assets, as of Nov 4, 2026. HELO leads at $4.9bn in net assets. ACIO is second at $2.4bn in net assets.","url":"https://etfiq.com/rankings/alternatives-largest-hedged-equity","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":"The largest hedged equity ETFs","item":"https://etfiq.com/rankings/alternatives-largest-hedged-equity"}]},{"@type":"WebPage","name":"Hedged Equity ETFs: 15 Ranked by Size, Nov 2026","description":"15 hedged equity ETFs ranked by net assets, as of Nov 4, 2026. HELO leads at $4.9bn in net assets. ACIO is second at $2.4bn in net assets.","url":"https://etfiq.com/rankings/alternatives-largest-hedged-equity","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":3521,"truncated":false,"content":"ETFIQ / Rankings / The largest hedged equity ETFs \n \n As of Nov 4, 2026 . Rebuilt every trading night.\n The largest hedged equity ETFs\n See 15 funds ranked by net assets. Updated Nov 4, 2026. Every fund here runs a hedged equity strategy, so what separates them is how well each does that job.\n The largest hedged equity ETFs, ranked by net assets, as of Nov 4, 2026. Source: ETFIQ. # Ticker Fund Net assets Correlation Down-week capture Against T-bills Source \n 1 HELO JPMorgan Hedged Equity Laddered Overlay $4.9bn +0.95 60.7% +3.4 pts Issuer page, Nov 3, 2026 \n 2 ACIO Aptus Collared Investment Opportunity ET $2.4bn +0.99 84.3% +3.3 pts SEC N-PORT, Jul 31, 2026 \n 3 FHEQ Fidelity Hedged Equity ETF $986m +0.98 86.0% +4.7 pts Issuer, month end, Sep 30, 2026 \n 4 HEGD Swan Hedged Equity US Large Cap ETF $735m +0.98 71.4% +3.2 pts SEC N-PORT, Aug 31, 2026 \n 5 CAOS Alpha Architect Tail Risk ETF $728m \u22120.15 \u22123.3% \u22122.3 pts Issuer page, Nov 3, 2026 \n 6 HEDG Equable Shares Hedged Equity ETF $427m +0.87 15.8% +5.9 pts SEC N-PORT, Jul 31, 2026 \n 7 HEQT Simplify Hedged Equity ETF $307m +0.97 54.2% +6.5 pts Issuer page, Nov 3, 2026 \n 8 HOLA JPMorgan International Hedged Equity Lad $282m +0.69 36.9% +6.5 pts Issuer page, Nov 3, 2026 \n 9 SHDG Soundwatch Hedged Equity ETF $161m +0.90 70.4% +1.6 pts SEC N-PORT, Jul 31, 2026 \n 10 TAIL Cambria Tail Risk ETF $147m \u22120.74 \u221215.9% \u221216.0 pts SEC N-PORT, Jul 31, 2026 \n 11 PHEQ Parametric Hedged Equity ETF $140m +0.94 31.6% +7.2 pts SEC N-PORT, Jun 30, 2026 \n 12 KSPY KraneShares Hedgeye Hedged Equity Index $135m +0.92 41.0% +7.9 pts Issuer page, Nov 4, 2026 \n 13 TOAK Manager Directed Portfolios Twin Oak Sho $105m +0.12 \u22126.1% 0.0 pts SEC N-PORT, Aug 31, 2026 \n 14 ATTR Arin Tactical Tail Risk ETF $96m +0.91 15.6% +3.5 pts SEC N-PORT, Jun 30, 2026 \n 15 JHDG John Hancock Hedged Equity ETF $90m under a year not measured not available SEC N-PORT, Jun 30, 2026 \n \n Method\n The 26 hedged equity ETFs ETFIQ measures, of which 24 publish net assets. Across the funds listed here correlation with the S&P 500 runs from -0.7 to 1.0. Size does not show how much a fund diversifies. The correlation column does. 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, The largest hedged equity ETFs, ranked by net assets, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-largest-hedged-equity 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, The largest hedged equity ETFs, ranked by net assets, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-largest-hedged-equity APA ETFIQ. (Nov 4, 2026). The largest hedged equity ETFs, ranked by net assets. Retrieved from https://etfiq.com/rankings/alternatives-largest-hedged-equity Markdown [The largest hedged equity ETFs, ranked by net assets (ETFIQ, Nov 4, 2026)](https://etfiq.com/rankings/alternatives-largest-hedged-equity)","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, The largest hedged equity ETFs, ranked by net assets, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-largest-hedged-equity"}