Long/Short ETF Overview

With 27 ETFs traded on the U.S. markets, Long/Short ETFs have total assets under management of $2.23B. The average expense ratio is 1.15%. Long/Short ETFs can be found in the following asset classes:

  • Alternatives
  • Equity

The largest Long/Short ETF is the IQ Merger Arbitrage ETF MNA with $688.78M in assets. In the last trailing year, the best-performing Long/Short ETF was LBAY at 24.12%. The most recent ETF launched in the Long/Short space was the AltShares Event-Driven ETF EVNT on 09/17/21.

Top ETF Performers

LBAY Leatherback Long/Short Alternative Yield ETF 9.82%
DIVA AGFiQ Hedged Dividend Income Fund 5.74%
BTAL AGFiQ U.S. Market Neutral Anti-Beta Fund 4.71%
RALS ProShares RAFI Long/Short ETF 3.88%
FAAR First Trust Alternative Absolute Return Strategy ETF 3.56%

Bottom ETF Performers

EOPS Emles Alpha Opportunities ETF -14.87%
DBEH iMGP DBi Hedge Strategy ETF -14.53%
DBMF iMGP DBi Managed Futures Strategy ETF -8.95%
KMLM KFA Mount Lucas Index Strategy ETF -6.96%
DFND Siren DIVCON Dividend Defender ETF -3.90%

Top Creations

WTMF WisdomTree Managed Futures Strategy Fund 15.84
ARB AltShares Merger Arbitrage ETF 10.38
FTLS First Trust Long/Short Equity ETF 10.10
MRGR ProShares Merger ETF 8.20
BTAL AGFiQ U.S. Market Neutral Anti-Beta Fund 6.12

Top Redemptions

MNA IQ Merger Arbitrage ETF -8.02
MARB First Trust Merger Arbitrage ETF -2.95
EOPS Emles Alpha Opportunities ETF -0.42
EVNT AltShares Event-Driven ETF 0.00
FUT ProShares Managed Futures Strategy ETF 0.00

AUM Winners

ARB AltShares Merger Arbitrage ETF 113.62%
MSVX LHA Market State Alpha Seeker ETF 40.60%
ASPY ASYMshares ASYMmetric S&P 500 ETF 17.09%
BTAL AGFiQ U.S. Market Neutral Anti-Beta Fund 12.59%
QED IQ Hedge Event-Driven Tracker ETF 10.09%

AUM Losers

MARB First Trust Merger Arbitrage ETF -43.25%
RALS ProShares RAFI Long/Short ETF -16.66%
EOPS Emles Alpha Opportunities ETF -12.60%
EVNT AltShares Event-Driven ETF -9.42%
DBEH iMGP DBi Hedge Strategy ETF -7.11%

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