{"url":"https://etfiq.com/rankings/alternatives-largest","section":"rankings","title":"Alternatives ETFs: 15 Ranked by Net Assets, Nov 2026 | ETFIQ","description":"15 alternatives ETFs ranked by net assets, as of Nov 5, 2026. IALT leads at $7.9bn in net assets. DBMF is second at $5.0bn in net assets.","as_of":"Nov 5, 2026","structured_data":[{"@type":"ItemList","name":"The largest alternatives ETFs","numberOfItems":15,"itemListOrder":"https://schema.org/ItemListOrderDescending","itemListElement":[{"@type":"ListItem","position":1,"name":"IALT","url":"https://etfiq.com/funds/ialt"},{"@type":"ListItem","position":2,"name":"DBMF","url":"https://etfiq.com/funds/dbmf"},{"@type":"ListItem","position":3,"name":"HELO","url":"https://etfiq.com/funds/helo"},{"@type":"ListItem","position":4,"name":"FTLS","url":"https://etfiq.com/funds/ftls"},{"@type":"ListItem","position":5,"name":"ACIO","url":"https://etfiq.com/funds/acio"},{"@type":"ListItem","position":6,"name":"FLSP","url":"https://etfiq.com/funds/flsp"},{"@type":"ListItem","position":7,"name":"CTA","url":"https://etfiq.com/funds/cta"},{"@type":"ListItem","position":8,"name":"QAI","url":"https://etfiq.com/funds/qai"},{"@type":"ListItem","position":9,"name":"FHEQ","url":"https://etfiq.com/funds/fheq"},{"@type":"ListItem","position":10,"name":"CLSE","url":"https://etfiq.com/funds/clse"},{"@type":"ListItem","position":11,"name":"CAOS","url":"https://etfiq.com/funds/caos"},{"@type":"ListItem","position":12,"name":"HEGD","url":"https://etfiq.com/funds/hegd"},{"@type":"ListItem","position":13,"name":"KMLM","url":"https://etfiq.com/funds/kmlm"},{"@type":"ListItem","position":14,"name":"SVOL","url":"https://etfiq.com/funds/svol"},{"@type":"ListItem","position":15,"name":"CSM","url":"https://etfiq.com/funds/csm"}]},{"@type":"Dataset","name":"The largest alternatives ETFs","description":"15 alternatives ETFs ranked by net assets, as of Nov 5, 2026. IALT leads at $7.9bn in net assets. DBMF is second at $5.0bn in net assets.","url":"https://etfiq.com/rankings/alternatives-largest","dateModified":"2026-11-05","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 alternatives ETFs","item":"https://etfiq.com/rankings/alternatives-largest"}]},{"@type":"WebPage","name":"Alternatives ETFs: 15 Ranked by Net Assets, Nov 2026","description":"15 alternatives ETFs ranked by net assets, as of Nov 5, 2026. IALT leads at $7.9bn in net assets. DBMF is second at $5.0bn in net assets.","url":"https://etfiq.com/rankings/alternatives-largest","dateModified":"2026-11-05","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":3373,"truncated":false,"content":"ETFIQ / Rankings / The largest alternatives ETFs \n \n As of Nov 5, 2026 . Rebuilt every trading night.\n The largest alternatives ETFs\n See 15 funds ranked by net assets. Updated Nov 5, 2026. Size does not show how much a fund diversifies. The correlation column does.\n The largest alternatives ETFs, ranked by net assets, as of Nov 5, 2026. Source: ETFIQ. # Ticker Fund Strategy Net assets Correlation Source \n 1 IALT iShares Systematic Alternatives Active E Multi-strategy $7.9bn under a year Issuer daily, Nov 4, 2026 \n 2 DBMF iMGP DBi Managed Futures Strategy ETF Managed futures $5.0bn +0.47 Issuer page, Nov 4, 2026 \n 3 HELO JPMorgan Hedged Equity Laddered Overlay Hedged equity $4.9bn +0.95 Issuer page, Nov 4, 2026 \n 4 FTLS First Trust Long/Short Equity Long-short equity $2.6bn +0.83 Issuer page, Nov 4, 2026 \n 5 ACIO Aptus Collared Investment Opportunity ET Hedged equity $2.4bn +0.98 SEC N-PORT, Jul 31, 2026 \n 6 FLSP Franklin Systematic Style Premia ETF Multi-strategy $1.2bn +0.09 Issuer page, Nov 4, 2026 \n 7 CTA Simplify Managed Futures Strategy ETF Managed futures $1.2bn +0.05 Issuer page, Nov 4, 2026 \n 8 QAI NYLIM Hedge Multi-Strategy Tracker ETF Multi-strategy $1.0bn +0.85 SEC N-PORT, Jul 31, 2026 \n 9 FHEQ Fidelity Hedged Equity ETF Hedged equity $1.0bn +0.96 Issuer, month end, Oct 31, 2026 \n 10 CLSE Convergence Long/Short Equity ETF Long-short equity $900m +0.70 SEC N-PORT, Aug 31, 2026 \n 11 CAOS Alpha Architect Tail Risk ETF Hedged equity $747m \u22120.53 Issuer page, Nov 4, 2026 \n 12 HEGD Swan Hedged Equity US Large Cap ETF Hedged equity $735m +0.98 SEC N-PORT, Aug 31, 2026 \n 13 KMLM KraneShares Mount Lucas Managed Futures Managed futures $586m +0.14 Issuer page, Nov 4, 2026 \n 14 SVOL Simplify Volatility Premium ETF Volatility $511m +0.78 Issuer page, Nov 4, 2026 \n 15 CSM ProShares Large Cap Core Plus Long-short equity $499m +0.98 Issuer page, Nov 5, 2026 \n \n Method\n Ranked on the most recent net assets ETFIQ can source for each fund, with the kind of source named beside it. 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.\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 alternatives ETFs, ranked by net assets, data as of Nov 5, 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 .\n Other forms Plain ETFIQ, The largest alternatives ETFs, ranked by net assets, data as of Nov 5, 2026. https://etfiq.com/rankings/alternatives-largest APA ETFIQ. (Nov 5, 2026). The largest alternatives ETFs, ranked by net assets. Retrieved from https://etfiq.com/rankings/alternatives-largest Markdown [The largest alternatives ETFs, ranked by net assets (ETFIQ, Nov 5, 2026)](https://etfiq.com/rankings/alternatives-largest)","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 alternatives ETFs, ranked by net assets, data as of Nov 5, 2026. https://etfiq.com/rankings/alternatives-largest"}