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 48 ETFs traded on the U.S. markets, Alternative ETFs ETFs have total assets under management of $8.05B. The average expense ratio is 1.12%. 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 $1.78B in assets. In the last trailing year, the best-performing Alternative ETFs ETF was XVZ at 102.69%. The most recent ETF launched in the Alternative ETFs space was the KFA Mount Lucas Index Strategy ETF KMLM on 12/02/20.