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Comparison Results

Comparison results
NamePricePrice ChangePrice TargetSmart ScoreExpense RatioAsset Under ManagementFollow
IALTiShares Systematic Alternatives Active ETF$29.95―0.99%7.98B
QAIIQ Hedge Multi-Strategy Tracker ETF$35.84―0.81%999.54M
LALTFirst Trust Multi-Strategy Alternative ETF$24.85―1.18%442.05M
QALTSEI DBi Multi-Strategy Alternative ETF$25.94―0.80%196.32M
QISSimplify Multi-Qis Alternative ETF$11.42―1.21%52.20M
HXAMast HedgeIndex Corporate Arbitrage ETF$25.09―0.99%50.77M
HFNDUnlimited HFND Multi-Strategy Return Tracker ETF$23.74―1.07%36.70M
HXEMast HedgeIndex Adaptive Equities ETF$25.86―0.99%32.66M
HDGProShares Hedge Replication ETF$53.84―0.95%22.38M
LQSimplify Tax Aware Alternatives ETF$23.94―0.15%2.39M

Performance Comparison

-40%-20%0%20%Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Performance comparison by fund
TickerCompany NamePriceChange% Change
IALTiShares Systematic Alternatives Active ETF29.954.9019.56%
QAIIQ Hedge Multi-Strategy Tracker ETF35.842.487.43%
LALTFirst Trust Multi-Strategy Alternative ETF24.852.9013.22%
QALTSEI DBi Multi-Strategy Alternative ETF25.941.707.00%
QISSimplify Multi-Qis Alternative ETF11.42-6.88-37.60%
HXAMast HedgeIndex Corporate Arbitrage ETF25.090.070.30%
HFNDUnlimited HFND Multi-Strategy Return Tracker ETF23.740.843.69%
HXEMast HedgeIndex Adaptive Equities ETF25.860.642.54%
HDGProShares Hedge Replication ETF53.843.366.66%
LQSimplify Tax Aware Alternatives ETF23.93-0.69-2.82%

ETFs Similar to FIAX FAQ

What is the cheapest alternative to FIAX?
Among the ETFs similar to FIAX, LQ (Simplify Tax Aware Alternatives ETF) has the lowest expense ratio, at 0.15% a year, compared with 0.97% for FIAX.
FIAX vs. IALT: what is the difference?
IALT (iShares Systematic Alternatives Active ETF) is the first ETF in FIAX's similar-ETF list. It has $7.98B in assets under management and a 0.99% expense ratio, against $120.78M and 0.97% for FIAX. Compare their performance, price targets and Smart Scores in the table above.