# Alternatives ETFs: 15 Ranked by Net Assets, Nov 2026

> 15 alternatives ETFs ranked by net assets, as of Nov 4, 2026. IALT leads at $7.9bn in net assets. DBMF is second at $5.2bn in net assets.

Data as of Nov 4, 2026. Rebuilt every trading night.

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.

| # | 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 |

### Method

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.

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### Sources

Links are sources, not endorsements.

A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, The largest alternatives ETFs, ranked by net assets, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-largest
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
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