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Comparison Results

Comparison results
NamePricePrice ChangePrice TargetSmart ScoreExpense RatioAsset Under ManagementFollow
QAIIQ Hedge Multi-Strategy Tracker ETF$35.65―0.81%999.53M
LALTFirst Trust Multi-Strategy Alternative ETF$24.46―1.18%453.80M
QALTSEI DBi Multi-Strategy Alternative ETF$26.03―0.80%196.02M
FIAXNicholas Fixed Income Alternative ETF$17.20―0.97%120.46M
HXAMast HedgeIndex Corporate Arbitrage ETF$25.79―0.99%52.11M
QISSimplify Multi-Qis Alternative ETF$9.35―1.13%41.28M
HFNDUnlimited HFND Multi-Strategy Return Tracker ETF$23.40―1.07%36.27M
HXEMast HedgeIndex Adaptive Equities ETF$26.09―0.99%33.00M
HDGProShares Hedge Replication ETF$53.56―0.95%22.36M
LQSimplify Tax Aware Alternatives ETF$23.95―0.15%2.39M

Performance Comparison

-40%-20%0%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Performance comparison by fund
TickerCompany NamePriceChange% Change
QAIIQ Hedge Multi-Strategy Tracker ETF35.652.577.76%
LALTFirst Trust Multi-Strategy Alternative ETF24.462.3410.60%
QALTSEI DBi Multi-Strategy Alternative ETF26.031.817.46%
FIAXNicholas Fixed Income Alternative ETF17.200.553.30%
HXAMast HedgeIndex Corporate Arbitrage ETF25.790.773.08%
QISSimplify Multi-Qis Alternative ETF9.35-8.43-47.43%
HFNDUnlimited HFND Multi-Strategy Return Tracker ETF23.400.743.26%
HXEMast HedgeIndex Adaptive Equities ETF26.090.873.45%
HDGProShares Hedge Replication ETF53.563.436.85%
LQSimplify Tax Aware Alternatives ETF23.95-0.68-2.78%

ETFs Similar to IALT FAQ

What is the cheapest alternative to IALT?
Among the ETFs similar to IALT, LQ (Simplify Tax Aware Alternatives ETF) has the lowest expense ratio, at 0.15% a year, compared with 0.99% for IALT.
IALT vs. QAI: what is the difference?
QAI (IQ Hedge Multi-Strategy Tracker ETF) is the first ETF in IALT's similar-ETF list. It has $999.53M in assets under management and a 0.81% expense ratio, against $7.91B and 0.99% for IALT. Compare their performance, price targets and Smart Scores in the table above.