{"url":"https://etfiq.com/rankings/alternatives-largest-market-neutral","section":"rankings","title":"Market Neutral ETFs: 4 Ranked by Size, Nov 2026 | ETFIQ","description":"4 market neutral ETFs ranked by net assets, as of Nov 4, 2026. BTAL leads at $283m in net assets. MKTN is second at $107m in net assets.","as_of":"Nov 4, 2026","structured_data":[{"@type":"ItemList","name":"The largest market neutral ETFs","numberOfItems":4,"itemListOrder":"https://schema.org/ItemListOrderDescending","itemListElement":[{"@type":"ListItem","position":1,"name":"BTAL","url":"https://etfiq.com/funds/btal"},{"@type":"ListItem","position":2,"name":"MKTN","url":"https://etfiq.com/funds/mktn"},{"@type":"ListItem","position":3,"name":"NTRL","url":"https://etfiq.com/funds/ntrl"},{"@type":"ListItem","position":4,"name":"RNMN","url":"https://etfiq.com/funds/rnmn"}]},{"@type":"Dataset","name":"The largest market neutral ETFs","description":"4 market neutral ETFs ranked by net assets, as of Nov 4, 2026. BTAL leads at $283m in net assets. MKTN is second at $107m in net assets.","url":"https://etfiq.com/rankings/alternatives-largest-market-neutral","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 market neutral ETFs","item":"https://etfiq.com/rankings/alternatives-largest-market-neutral"}]},{"@type":"WebPage","name":"Market Neutral ETFs: 4 Ranked by Size, Nov 2026","description":"4 market neutral ETFs ranked by net assets, as of Nov 4, 2026. BTAL leads at $283m in net assets. MKTN is second at $107m in net assets.","url":"https://etfiq.com/rankings/alternatives-largest-market-neutral","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":2522,"truncated":false,"content":"ETFIQ / Rankings / The largest market neutral ETFs \n \n As of Nov 4, 2026 . Rebuilt every trading night.\n The largest market neutral ETFs\n See 4 funds ranked by net assets. Updated Nov 4, 2026. Every fund here runs a market neutral strategy, so what separates them is how well each does that job.\n The largest market neutral 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 BTAL AGF U.S. Market Neutral Anti-Beta Fund $283m \u22120.74 \u2212168.4% \u221213.7 pts SEC N-PORT, Jun 30, 2026 \n 2 MKTN Federated Hermes MDT Market Neutral ETF $107m \u22120.06 \u221243.2% +12.6 pts SEC N-PORT, Jun 30, 2026 \n 3 NTRL First Trust Equity Market Neutral ETF $16m under a year not measured not available Issuer page, Nov 3, 2026 \n 4 RNMN RiverNorth Market Neutral ETF $7.1m under a year not measured not available SEC N-PORT, Jun 30, 2026 \n \n Method\n The 4 market neutral ETFs ETFIQ measures, of which 4 publish net assets. Across the funds listed here correlation with the S&P 500 runs from -0.7 to -0.1. 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 market neutral ETFs, ranked by net assets, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-largest-market-neutral 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 market neutral ETFs, ranked by net assets, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-largest-market-neutral APA ETFIQ. (Nov 4, 2026). The largest market neutral ETFs, ranked by net assets. Retrieved from https://etfiq.com/rankings/alternatives-largest-market-neutral Markdown [The largest market neutral ETFs, ranked by net assets (ETFIQ, Nov 4, 2026)](https://etfiq.com/rankings/alternatives-largest-market-neutral)","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 market neutral ETFs, ranked by net assets, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-largest-market-neutral"}