Alternative ETFs
Funds that follow alternative strategies, such as managed futures, long-short equity, and option writing.
Subscribe to Morningstar Investor to get the full picture of an ETF's potential. You'll get unlimited access to all our trusted ratings and key metrics on thousands of ETFs, plus independent commentary and pre-built screens from our seasoned fund analysts.
Name
|
Ticker
|
Morningstar Category
|
Fund Size
|
Adjusted Expense Ratio
|
Total Return Rank in Category
3 Year
|
Total Return Rank in Category
5 Year
|
Total Return Rank in Category
10 Year
|
Management Style
|
---|---|---|---|---|---|---|---|---|
Franklin Bitcoin ETF | EZBC | Digital Assets | 414.92 Mil | — | — | — | — | Passive |
Innovator US Small Cap Pwr Buff ETF™ Jan | KJAN | Options Trading | 407.71 Mil | 0.790% | 77 | — | — | Active |
FT Cboe Vest U.S. Eq Mod Buffr ETF - Feb | GFEB | Options Trading | 406.54 Mil | 0.850% | — | — | — | Active |
AllianzIM US Large Cap Buffer20 Jan ETF | JANW | Options Trading | 388.73 Mil | 0.740% | 35 | — | — | Active |
FT Cboe Vest Nasdaq-100 Buffer ETF – Dec | QDEC | Options Trading | 381.23 Mil | 0.900% | 49 | — | — | Active |
FT Cboe Vest U.S. Eq Mod Buffr ETF - Mar | GMAR | Options Trading | 373.08 Mil | 0.850% | — | — | — | Active |
FT Cboe Vest US Equity Deep Bffr ETF Mar | DMAR | Options Trading | 370.57 Mil | 0.850% | 72 | — | — | Active |
FT Cboe Vest US Eq Enh & Mdt Bfr ETF Dec | XDEC | Options Trading | 359.56 Mil | 0.850% | — | — | — | Active |
Grayscale Ethereum Classic Trust (ETC) | ETCG | Digital Assets | 341.28 Mil | 3.000% | 69 | 20 | — | Passive |
FT Cboe Vest US Equity Dp Bfr ETF Dec | DDEC | Options Trading | 338.14 Mil | 0.850% | 51 | — | — | Active |
FT Cboe Vest Nasdaq-100 Buffer ETF - Jun | QJUN | Options Trading | 333.63 Mil | 0.900% | — | — | — | Active |
AllianzIM US Large Cap Buffer20 Apr ETF | APRW | Options Trading | 328.89 Mil | 0.740% | 63 | — | — | Active |
Pacer Swan SOS Fund of Funds ETF | PSFF | Options Trading | 328.74 Mil | 0.880% | 22 | — | — | Active |
FT Cboe Vest US Equity Deep Bffr ETF Jul | DJUL | Options Trading | 297.74 Mil | 0.850% | 43 | — | — | Active |
FT Cboe Vest Nasdaq-100® Buffer ETF Sep | QSPT | Options Trading | 292.24 Mil | 0.900% | — | — | — | Active |
FT Cboe Vest US Equity Deep Bfr ETF Aug | DAUG | Options Trading | 277.77 Mil | 0.850% | 74 | — | — | Active |
FT Cboe Vest U.S. Eq Mod Buffr ETF - Jan | GJAN | Options Trading | 276.42 Mil | 0.850% | — | — | — | Active |
Innovator U.S. Equity Buffer ETF™ - Apr | BAPR | Options Trading | 275.55 Mil | 0.790% | 7 | 8 | — | Active |
Innovator Equity Managed Floor ETF | SFLR | Options Trading | 274.84 Mil | 0.890% | — | — | — | Active |
FT Cboe Vest US Equity Deep Bffr ETF Feb | DFEB | Options Trading | 273.57 Mil | 0.850% | 66 | — | — | Active |
Innovator US Equity Buff ETF™ Jan | BJAN | Options Trading | 268.15 Mil | 0.790% | 6 | 5 | — | Active |
KFA Mount Lucas Strategy ETF | KMLM | Systematic Trend | 265.98 Mil | 0.900% | 43 | — | — | Passive |
FT Cboe Vest U.S. Eq Mod Buffr ETF - Jul | GJUL | Options Trading | 262.93 Mil | 0.850% | — | — | — | Active |
FT Cboe Vest US Equity Deep Bffr ETF Nov | DNOV | Options Trading | 260.97 Mil | 0.850% | 57 | — | — | Active |
IQ Merger Arbitrage ETF | MNA | Event Driven | 257.08 Mil | 0.770% | 85 | 100 | 71 | Passive |
AllianzIM U.S. Large Cp Buffer20 Mar ETF | MARW | Options Trading | 251.85 Mil | 0.740% | — | — | — | Active |
FT Cboe Vest US Equity Dp Bffr ETF Jan | DJAN | Options Trading | 250.94 Mil | 0.850% | 65 | — | — | Active |
Swan Hedged Equity US Large Cap ETF | HEGD | Options Trading | 248.21 Mil | 0.880% | 40 | — | — | Active |
FT Cboe Vest U.S. Eq Mod Buffr ETF - May | GMAY | Options Trading | 244.96 Mil | 0.850% | — | — | — | Active |
Innovator Growth-100 Pwr Buff ETF™ Jan | NJAN | Options Trading | 242.75 Mil | 0.790% | 82 | — | — | Active |
FT Cboe Vest US Equity Dp Bffr ETF Apr | DAPR | Options Trading | 237.20 Mil | 0.850% | 58 | — | — | Active |
Innovator Intl Dev Pwr Bffr ETF Apr | IAPR | Options Trading | 234.34 Mil | 0.850% | 84 | — | — | Active |
ProShares Ultra Bitcoin ETF | BITU | Digital Assets | 226.77 Mil | 0.950% | — | — | — | Passive |
AGF U.S. Market Neutral Anti-Beta | BTAL | Equity Market Neutral | 225.78 Mil | 0.450% | 47 | 100 | 90 | Active |
Innovator U.S. Equity Buffer ETF™ - Feb | BFEB | Options Trading | 225.39 Mil | 0.790% | 2 | — | — | Active |
FT Cboe Vest U.S. Eq Mod Buf ETF - Apr | GAPR | Options Trading | 225.02 Mil | 0.850% | — | — | — | Active |
Innovator Eq Defnd Protd ETF2 Yr-Jul2025 | TJUL | Options Trading | 219.67 Mil | 0.790% | — | — | — | Active |
FT Cboe Vest Buffered Allocation Gr ETF | BUFG | Options Trading | 218.83 Mil | 1.050% | — | — | — | Active |
Innovator Nasdaq-100 Pwr Bffr ETF Apr | NAPR | Options Trading | 218.25 Mil | 0.790% | 21 | — | — | Active |
AllianzIM U.S. Large Cp Buffer20 Feb ETF | FEBW | Options Trading | 215.33 Mil | 0.740% | — | — | — | Active |
FT Cboe Vest US Equity Deep Bffr ETF May | DMAY | Options Trading | 211.15 Mil | 0.850% | 80 | — | — | Active |
Innovator Itnl Dvp Pwr Buff ETF™ Jan | IJAN | Options Trading | 206.54 Mil | 0.850% | 61 | — | — | Active |
Simplify Managed Futures Strategy ETF | CTA | Systematic Trend | 199.39 Mil | 0.780% | — | — | — | Active |
FT Vest U.S. Eq Max Buffr ETF - Mar | MARM | Options Trading | 198.89 Mil | 0.850% | — | — | — | Active |
Innovator U.S. Equity Ultra BffrETF™-Apr | UAPR | Options Trading | 197.06 Mil | 0.790% | 79 | 91 | — | Active |
WisdomTree Managed Futures Strategy ETF | WTMF | Systematic Trend | 196.71 Mil | 0.650% | 73 | 91 | 100 | Active |
Innovator U.S. Equity Buffer ETF July | BJUL | Options Trading | 194.26 Mil | 0.790% | 3 | 11 | — | Active |
Innovator U.S. Equity Buffer ETF™ - Mar | BMAR | Options Trading | 190.62 Mil | 0.790% | 5 | — | — | Active |
FT Cboe Vest U.S. Eq Enh & ModBufETF-Mar | XMAR | Options Trading | 190.16 Mil | 0.850% | — | — | — | Active |
Innovator US Equity Ultra Buff ETF™ Jan | UJAN | Options Trading | 189.49 Mil | 0.790% | 51 | 63 | — | Active |