Hedge Funds ETF Overview

Hedge funds are private pools of capital organized in a limited partnership. They are associated with high risk and sophisticated strategies to realize large gains.

The most common hedge fund category is absolute-returns funds. These funds aim to reach a predetermined rate of return regardless of the market environment. Their role is not to replace equity exposure but to improve the risk/return profile of a portfolio.

Recently, several ETFs have started to mimic these hedge fund strategies. Hedge fund ETFs include funds in the following categories:

  • Broad-Based Hedge Fund Replication
  • Long/Short ETFs
  • Managed Futures ETFs
  • Merger Abitrage ETFs
  • Real Return Funds

With 42 ETFs traded on the U.S. markets, Hedge Funds ETFs have total assets under management of $4.83B. The average expense ratio is 1.11%. Hedge Funds ETFs can be found in the following asset classes:

  • Alternatives
  • Equity

The largest Hedge Funds ETF is the RPAR Risk Parity ETF RPAR with $1.37B in assets. In the last trailing year, the best-performing Hedge Funds ETF was HTUS at 39.74%. The most recent ETF launched in the Hedge Funds space was the Emles Alpha Opportunities ETF EOPS on 06/09/21.

Top ETF Performers

DFND Siren DIVCON Dividend Defender ETF 4.91%
ASPY ASYMshares ASYMmetric 500 ETF 2.76%
HTUS Hull Tactical U.S. ETF 2.75%
RPAR RPAR Risk Parity ETF 2.08%
FLSP Franklin Liberty Systematic Style Premia ETF 1.85%

Bottom ETF Performers

FORH Formidable ETF -3.97%
EOPS Emles Alpha Opportunities ETF -3.77%
LBAY Leatherback Long/Short Alternative Yield ETF -2.51%
RALS ProShares RAFI Long/Short ETF -2.06%
KMLM KFA Mount Lucas Index Strategy ETF -1.34%

Top Creations

EOPS Emles Alpha Opportunities ETF 68.20
FTLS First Trust Long/Short Equity ETF 9.61
RLY SPDR SSgA Multi-Asset Real Return ETF 9.54
VEGA AdvisorShares STAR Global Buy-Write ETF 8.78
CCOR Core Alternative ETF 5.98

Top Redemptions

RPAR RPAR Risk Parity ETF -116.90
QLS IQ Hedge Long/Short Tracker ETF -47.49
QAI IQ Hedge Multi-Strategy Tracker ETF -12.91
DFND Siren DIVCON Dividend Defender ETF -2.82
DBV Invesco DB G10 Currency Harvest Fund -2.53

AUM Winners

ASPY ASYMshares ASYMmetric 500 ETF 211.31%
VEGA AdvisorShares STAR Global Buy-Write ETF 95.80%
FUT ProShares Managed Futures Strategy ETF 35.26%
RAAX VanEck Inflation Allocation ETF 11.94%
MRGR ProShares Merger ETF 9.38%

AUM Losers

DFND Siren DIVCON Dividend Defender ETF -3.31%
FORH Formidable ETF -2.34%
RALS ProShares RAFI Long/Short ETF -2.09%
ALTS ProShares Morningstar Alternatives Solution ETF -0.95%
DBV Invesco DB G10 Currency Harvest Fund -0.92%

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