With 26 ETFs traded on the U.S. markets, Long/Short ETFs have total assets under management of $2.21B. The average expense ratio is 1.11%. Long/Short ETFs can be found in the following asset classes:
The largest Long/Short ETF is the IQ Merger Arbitrage ETF MNA with $739.84M in assets. In the last trailing year, the best-performing Long/Short ETF was DBEH at 19.86%. The most recent ETF launched in the Long/Short space was the Emles Alpha Opportunities ETF EOPS on 06/09/21.
Plus, Direxion launches a leveraged clean energy ETF.
ASYMmetric ETFs looks to make strategies used by the 1% accessible to everyone else.
The fund looks to provide a solution for the disruption of the traditional 60/40 model.
Little Harbor Advisors adds a fund that looks to outperform the S&P 500.
Corporate actions like IPOs, M&A and spinoffs are picking up pace. These ETFs may benefit.
Joining us is Kelly Ye, director of research at IndexIQ.
Advisors tell us their favorite go-to picks for client portfolios.
The tough business of delivering alpha continues to challenge managers.
New fund targets Treasuries with three months or less to maturity.
