{"url":"https://etfiq.com/rankings/alternatives-rose-when-stocks-fell","section":"rankings","title":"Alternatives ETFs that rose when the S&P 500 fell | ETFIQ","description":"BTAL leads alternatives ETFs that rose when the S&P 500 fell at \u2212168.4% (down-week capture, one year), as of Nov 4, 2026.","as_of":"Nov 4, 2026","structured_data":[{"@type":"ItemList","name":"Alternatives ETFs that rose when the S&P 500 fell","numberOfItems":9,"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":"FLSP","url":"https://etfiq.com/funds/flsp"},{"@type":"ListItem","position":4,"name":"CCOR","url":"https://etfiq.com/funds/ccor"},{"@type":"ListItem","position":5,"name":"KMLM","url":"https://etfiq.com/funds/kmlm"},{"@type":"ListItem","position":6,"name":"TAIL","url":"https://etfiq.com/funds/tail"},{"@type":"ListItem","position":7,"name":"QBER","url":"https://etfiq.com/funds/qber"},{"@type":"ListItem","position":8,"name":"TOAK","url":"https://etfiq.com/funds/toak"},{"@type":"ListItem","position":9,"name":"CAOS","url":"https://etfiq.com/funds/caos"}]},{"@type":"Dataset","name":"Alternatives ETFs that rose when the S&P 500 fell","description":"BTAL leads alternatives ETFs that rose when the S&P 500 fell at \u2212168.4% (down-week capture, one year), as of Nov 4, 2026.","url":"https://etfiq.com/rankings/alternatives-rose-when-stocks-fell","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":"Alternatives ETFs that rose when the S&P 5...","item":"https://etfiq.com/rankings/alternatives-rose-when-stocks-fell"}]},{"@type":"WebPage","name":"Alternatives ETFs that rose when the S&P 500 fell","description":"BTAL leads alternatives ETFs that rose when the S&P 500 fell at \u2212168.4% (down-week capture, one year), as of Nov 4, 2026.","url":"https://etfiq.com/rankings/alternatives-rose-when-stocks-fell","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":3515,"truncated":false,"content":"ETFIQ / Rankings / Alternatives ETFs that rose when the S&P 5... \n \n As of Nov 4, 2026 . Rebuilt every trading night.\n Alternatives ETFs that rose when the S&P 500 fell\n See 9 funds ranked by down-week capture against the S&P 500, lowest first, one year. Updated Nov 4, 2026. 9 of the 62 alternatives ETFs with a full year rose on average in the weeks the S&P 500 fell. A fund can do that and still trail cash over the year.\n Alternatives ETFs that rose when the S&P 500 fell, ranked by down-week capture against the S&P 500, lowest first, as of Nov 4, 2026. Source: ETFIQ. # Ticker Fund Strategy Correlation Beta Down-week capture Against T-bills \n 1 BTAL AGF U.S. Market Neutral Anti-Beta Fund Market neutral \u22120.74 \u22121.37 \u2212168.4% \u221213.7 pts \n 2 MKTN Federated Hermes MDT Market Neutral ETF Market neutral \u22120.06 \u22120.03 \u221243.2% +12.6 pts \n 3 FLSP Franklin Systematic Style Premia ETF Multi-strategy \u22120.13 \u22120.06 \u221221.2% +7.9 pts \n 4 CCOR Core Alternative ETF Hedged equity \u22120.14 \u22120.10 \u221220.7% +3.9 pts \n 5 KMLM KraneShares Mount Lucas Managed Futures Managed futures \u22120.12 \u22120.12 \u221216.3% +12.9 pts \n 6 TAIL Cambria Tail Risk ETF Hedged equity \u22120.74 \u22120.36 \u221215.9% \u221216.0 pts \n 7 QBER TrueShares Quarterly Bear Hedge ETF Hedged equity \u22120.71 \u22120.12 \u221215.4% \u22123.8 pts \n 8 TOAK Manager Directed Portfolios Twin Oak Sho Hedged equity +0.12 0.00 \u22126.1% 0.0 pts \n 9 CAOS Alpha Architect Tail Risk ETF Hedged equity \u22120.15 \u22120.01 \u22123.3% \u22122.3 pts \n \n Method\n 52 weekly returns to Nov 4, 2026 for each fund and for the S&P 500, measured through SPY with distributions reinvested. Correlation and beta are computed on those weeks; down-week capture is the fund\u2019s average return in the weeks SPY fell, as a share of SPY\u2019s. Return against T-bills is the fund\u2019s total return minus BIL\u2019s over the same weeks. A capture below zero means the fund rose, on average, in the weeks the index fell. 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 Alternatives ETFs furthest ahead of T-bills 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, Alternatives ETFs that rose when the S&P 500 fell, ranked by down-week capture against the S&P 500, lowest first, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-rose-when-stocks-fell 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, Alternatives ETFs that rose when the S&P 500 fell, ranked by down-week capture against the S&P 500, lowest first, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-rose-when-stocks-fell APA ETFIQ. (Nov 4, 2026). Alternatives ETFs that rose when the S&P 500 fell, ranked by down-week capture against the S&P 500, lowest first. Retrieved from https://etfiq.com/rankings/alternatives-rose-when-stocks-fell Markdown [Alternatives ETFs that rose when the S&P 500 fell, ranked by down-week capture against the S&P 500, lowest first (ETFIQ, Nov 4, 2026)](https://etfiq.com/rankings/alternatives-rose-when-stocks-fell)","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, Alternatives ETFs that rose when the S&P 500 fell, ranked by down-week capture against the S&P 500, lowest first, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-rose-when-stocks-fell"}