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Alternative ETFs

Funds that follow alternative strategies, such as managed futures, long-short equity, and option writing.

Name
Ticker
Morningstar Category
Adjusted Expense Ratio %
Return Rank in Category 1Y %
Return Rank in Category 3Y %
Return Rank in Category 5Y %
Active or Passive
Direxion Dly S&P Oil&Gs Ex&Prd Bl 2X ETF
GUSH
Trading--Leveraged Equity
1.040
—
—
—
Passive
Direxion Dly S&P Oil&Gs Ex&Prd Br 2X ETF
DRIP
Trading--Inverse Equity
1.070
—
—
—
Passive
Direxion Dly Transp Bull 3X Shrs ETF
TPOR
Trading--Leveraged Equity
1.010
—
—
—
Passive
Direxion Dynamic Hedge ETF
DYHG
Long-Short Equity
0.570
—
—
—
Passive
ETRACS 2x Leveraged US Div Fctr TR ETN
SCDL
Trading--Leveraged Equity
0.950
—
—
—
Passive
ETRACS 2x Leveraged US Gr Fctr TR ETN
IWFL
Trading--Leveraged Equity
0.950
—
—
—
Passive
ETRACS 2x Leveraged US Size Fctr TR ETN
IWML
Trading--Leveraged Equity
0.950
—
—
—
Passive
ETRACS 2x Leveraged US Value Fctr TR ETN
IWDL
Trading--Leveraged Equity
0.950
—
—
—
Passive
ETRACS 2x Lvrgd MSCI US Mn Vl Fct TR ETN
USML
Trading--Leveraged Equity
0.950
—
—
—
Passive
ETRACS 2x Lvrgd MSCI US Mntm Fctr TR ETN
MTUL
Trading--Leveraged Equity
0.950
—
—
—
Passive
ETRACS 2x Lvrgd MSCI US Qlty Fctr TR ETN
QULL
Trading--Leveraged Equity
0.950
—
—
—
Passive
ETRACS 2xMnthly Py Lvrgd US SmCpHiDivETN
SMHB
Trading--Leveraged Equity
0.850
—
—
—
Passive
ETRACS 2xMonthly Pay Lvrgd Pref Stk ETN
PFFL
Trading--Miscellaneous
0.850
—
—
—
Passive
ETRACS Mnthly Py 1.5X Lvgd Mtg REIT ETN
MVRL
Trading--Leveraged Equity
0.000
—
—
—
Passive
ETRACS Mny Py 2xLgd US Hg Dv Lw Vl ETN B
HDLB
Trading--Leveraged Equity
0.000
—
—
—
Passive
ETRACS Monthly Pay 1.5X Lvgd CE Fd ETN
CEFD
Trading--Miscellaneous
0.000
—
—
—
Passive
ETRACS Qrtly Py 1.5X Lvgd Aln MLP ETN
MLPR
Trading--Leveraged Equity
0.000
—
—
—
Passive
ETRACS Qrtly Py 1.5X Lvgd Wls Fg BDC ETN
BDCX
Trading--Leveraged Equity
0.000
—
—
—
Passive
First Trust BuyWrite Income ETF
FTHI
Options-based
0.850
100
94
59
Active
First Trust Hedged BuyWrite Income ETF
FTLB
Options-based
0.850
100
99
86
Active
First Trust Long/Short Equity ETF
FTLS
Long-Short Equity
0.950
59
49
34
Active
First Trust Managed Future Strategy ETF
FMF
Managed Futures
0.950
37
56
58
Active
First Trust Vivaldi Merger Arbitrage ETF
MARB
Market Neutral
1.250
—
—
—
Active
FormulaFolios Hedged Growth ETF
FFHG
Long-Short Equity
1.160
47
47
—
Active
Franklin Liberty Systematic Sty Prm ETF
FLSP
Multialternative
0.650
94
—
—
Active
FT Cboe Vest Fund of Buffer ETFs
BUFR
Options-based
1.050
—
—
—
Active
FT Cboe Vest Fund of Deep Buffer ETFs
BUFD
Options-based
1.050
—
—
—
Active
FT Cboe Vest US Equity Buffer ETF Aug
FAUG
Options-based
0.850
22
—
—
Active
FT Cboe Vest US Equity Buffer ETF Dec
FDEC
Options-based
0.850
—
—
—
Active
FT Cboe Vest US Equity Buffer ETF Feb
FFEB
Options-based
0.850
—
—
—
Active
FT Cboe Vest US Equity Buffer ETF Jul
FJUL
Options-based
0.850
—
—
—
Active
FT Cboe Vest US Equity Buffer ETF Jun
FJUN
Options-based
0.850
—
—
—
Active
FT Cboe Vest US Equity Buffer ETF May
FMAY
Options-based
0.850
—
—
—
Active
FT Cboe Vest US Equity Buffer ETF Nov
FNOV
Options-based
0.850
17
—
—
Active
FT Cboe Vest US Equity Buffer ETF Oct
FOCT
Options-based
0.850
—
—
—
Active
FT Cboe Vest US Equity Buffer ETF Sep
FSEP
Options-based
0.850
—
—
—
Active
FT Cboe Vest US Equity Deep Bffr ETF Feb
DFEB
Options-based
0.850
—
—
—
Active
FT Cboe Vest US Equity Deep Bffr ETF Jul
DJUL
Options-based
0.850
—
—
—
Active
FT Cboe Vest US Equity Deep Bffr ETF May
DMAY
Options-based
0.850
—
—
—
Active
FT Cboe Vest US Equity Deep Bffr ETF Nov
DNOV
Options-based
0.850
50
—
—
Active
FT Cboe Vest US Equity Deep Bfr ETF Aug
DAUG
Options-based
0.850
46
—
—
Active
FT Cboe Vest US Equity Deep Bfr ETF Jun
DJUN
Options-based
0.850
—
—
—
Active
FT Cboe Vest US Equity Dp Bffr ETF Sep
DSEP
Options-based
0.850
—
—
—
Active
FT Cboe Vest US Equity Dp Bfr ETF Dec
DDEC
Options-based
0.850
—
—
—
Active
Global X NASDAQ 100 Covered Call ETF
QYLD
Options-based
0.600
39
11
1
Passive
Global X Russell 2000 Covered Call ETF
RYLD
Options-based
0.600
91
—
—
Passive
Global X S&P 500® Covered Call ETF
XYLD
Options-based
0.600
93
65
18
Passive
Grayscale Bitcoin Trust (BTC)
GBTC
Trading--Miscellaneous
2.000
—
—
—
Passive
Grayscale Ethereum Classic Trust (ETC)
ETCG
Trading--Miscellaneous
3.000
—
—
—
Passive
Grayscale Ethereum Trust (ETH)
ETHE
Trading--Miscellaneous
2.500
—
—
—
Passive
Hull Tactical US ETF
HTUS
Long-Short Equity
0.970
28
19
13
Active
iM DBi Long Short Hedge Strategy ETF
DBEH
Long-Short Equity
0.850
13
—
—
Active
iM DBi Managed Futures Strategy ETF
DBMF
Managed Futures
0.850
60
—
—
Active
Innovator MSCI EAFE Pwr Buffer ETF July
IJUL
Options-based
0.850
89
—
—
Active
Innovator MSCI EM Pwr Bffr ETF July
EJUL
Options-based
0.890
88
—
—
Active
Innovator Nasdaq-100 Power Buffer ETF™
NOCT
Options-based
0.790
24
—
—
Active
Innovator Russell 2000 Power Buffer ETF™
KOCT
Options-based
0.790
83
—
—
Active
Innovator S&P 500 Buffer ETF
BJUN
Options-based
0.800
33
—
—
Active
Innovator S&P 500 Buffer ETF - Aug
BAUG
Options-based
0.790
26
—
—
Active
Innovator S&P 500 Buffer ETF - September
BSEP
Options-based
0.790
19
—
—
Active
Innovator S&P 500 Buffer ETF Apr New
BAPR
Options-based
0.790
63
—
—
Active
Innovator S&P 500 Buffer ETF Dec
BDEC
Options-based
0.790
13
—
—
Active
Innovator S&P 500 Buffer ETF January
BJAN
Options-based
0.800
18
—
—
Active
Innovator S&P 500 Buffer ETF July
BJUL
Options-based
0.810
40
—
—
Active
Innovator S&P 500 Buffer ETF Nov
BNOV
Options-based
0.790
23
—
—
Active
Innovator S&P 500 Buffer ETF October
BOCT
Options-based
0.800
11
—
—
Active
Innovator S&P 500 Buffer ETF™ Feb
BFEB
Options-based
0.790
—
—
—
Active
Innovator S&P 500 Power Bffr ETF Apr New
PAPR
Options-based
0.790
73
—
—
Active
Innovator S&P 500 Power Buffer ETF - Aug
PAUG
Options-based
0.790
36
—
—
Active
Innovator S&P 500 Power Buffer ETF - Sep
PSEP
Options-based
0.790
41
—
—
Active
Innovator S&P 500 Power Buffer ETF Dec
PDEC
Options-based
0.790
44
—
—
Active
Innovator S&P 500 Power Buffer ETF Jan
PJAN
Options-based
0.790
48
—
—
Active
Innovator S&P 500 Power Buffer ETF July
PJUL
Options-based
0.790
51
—
—
Active
Innovator S&P 500 Power Buffer ETF New
PJUN
Options-based
0.790
31
—
—
Active
Innovator S&P 500 Power Buffer ETF Nov
PNOV
Options-based
0.790
30
—
—
Active
Innovator S&P 500 Power Buffer ETF Oct
POCT
Options-based
0.800
32
—
—
Active
Innovator S&P 500 Power Buffer ETF™ Feb
PFEB
Options-based
0.790
—
—
—
Active
Innovator S&P 500 Power Buffer ETF™ Mar
PMAR
Options-based
0.790
—
—
—
Active
Innovator S&P 500 Power Buffer ETF™ May
PMAY
Options-based
0.790
—
—
—
Active
Innovator S&P 500 Ultra Bffr ETF Apr New
UAPR
Options-based
0.790
99
—
—
Active
Innovator S&P 500 Ultra Buffer ETF
UJUN
Options-based
0.800
57
—
—
Active
Innovator S&P 500 Ultra Buffer ETF - Aug
UAUG
Options-based
0.790
52
—
—
Active
Innovator S&P 500 Ultra Buffer ETF - Sep
USEP
Options-based
0.790
60
—
—
Active
Innovator S&P 500 Ultra Buffer ETF Dec
UDEC
Options-based
0.790
61
—
—
Active
Innovator S&P 500 Ultra Buffer ETF Jan
UJAN
Options-based
0.790
58
—
—
Active
Innovator S&P 500 Ultra Buffer ETF July
UJUL
Options-based
0.790
72
—
—
Active
Innovator S&P 500 Ultra Buffer ETF Nov
UNOV
Options-based
0.790
45
—
—
Active
Innovator S&P 500 Ultra Buffer ETF Oct
UOCT
Options-based
0.800
49
—
—
Active
Innovator S&P 500 Ultra Buffer ETF™ Feb
UFEB
Options-based
0.790
—
—
—
Active
Invesco CcyShrs® Australian Dllr Trust
FXA
Single Currency
0.400
—
—
—
Passive
Invesco CcyShrs® British Pound Stlg
FXB
Single Currency
0.400
—
—
—
Passive
Invesco CurrencyShares® Canadian Dollar
FXC
Single Currency
0.400
—
—
—
Passive
Invesco CurrencyShares® Euro Currency
FXE
Single Currency
0.400
—
—
—
Passive
Invesco CurrencyShares® Japanese Yen
FXY
Single Currency
0.400
—
—
—
Passive
Invesco CurrencyShares® Swiss Franc
FXF
Single Currency
0.400
—
—
—
Passive
Invesco DB G10 Currency Harvest
DBV
Multicurrency
0.750
67
21
43
Passive
Invesco DB US Dollar Bearish
UDN
Multicurrency
0.750
21
72
54
Passive
Invesco DB US Dollar Bullish
UUP
Multicurrency
0.750
89
33
66
Passive
Invesco S&P 500 BuyWrite ETF
PBP
Options-based
0.490
97
86
66
Passive
Invesco S&P 500® Downside Hedged ETF
PHDG
Long-Short Equity
0.390
22
26
24
Active

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