What are alternatives ETFs? Hedge funds, commodities, options strategies, private equity—anything that doesn't fit cleanly into the equity or fixed-income buckets has been termed 'alternative' at one point or another. Perhaps the most defining characteristic for alternative investments was that if you were not a 'qualified investor,' most investors couldn't buy them. Today, however, financial innovation has made many of these complex strategies available to a broader audience through ETFs.
With 46 ETFs traded in the U.S. markets, Alternative ETFs ETFs gather total assets under management of $6.85B. The average expense ratio is 1.13%. Alternative ETFs ETFs can be found in the following asset classes:
The largest Alternative ETFs ETF is the ProShares Ultra VIX Short-Term Futures ETF UVXY with $1.31B in assets. In the last trailing year, the best performing Alternative ETFs ETF was the XVZ at 127.17%. The most-recent ETF launched in the Alternative ETFs space was the LHA Market State Alpha Seeker ETF MSVX in 05/13/20.