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Comparison Results

Comparison results
NamePricePrice ChangePrice TargetSmart ScoreExpense RatioAsset Under ManagementFollow
IALTiShares Systematic Alternatives Active ETF$29.47―0.99%7.98B
QAIIQ Hedge Multi-Strategy Tracker ETF$35.48―0.81%999.01M
LALTFirst Trust Multi-Strategy Alternative ETF$24.78―1.18%442.39M
QALTSEI DBi Multi-Strategy Alternative ETF$25.83―0.80%195.23M
FIAXNicholas Fixed Income Alternative ETF$17.27―0.97%121.24M
QISSimplify Multi-Qis Alternative ETF$11.29―1.21%51.71M
HXAMast HedgeIndex Corporate Arbitrage ETF$25.18―0.99%50.81M
HFNDUnlimited HFND Multi-Strategy Return Tracker ETF$23.51―1.07%36.59M
HXEMast HedgeIndex Adaptive Equities ETF$25.66―0.99%32.86M
HDGProShares Hedge Replication ETF$53.53―0.95%22.40M

Performance Comparison

-40%-20%0%20%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Performance comparison by fund
TickerCompany NamePriceChange% Change
IALTiShares Systematic Alternatives Active ETF29.474.4217.64%
QAIIQ Hedge Multi-Strategy Tracker ETF35.482.106.29%
LALTFirst Trust Multi-Strategy Alternative ETF24.782.7812.61%
QALTSEI DBi Multi-Strategy Alternative ETF25.821.546.35%
FIAXNicholas Fixed Income Alternative ETF17.270.623.75%
QISSimplify Multi-Qis Alternative ETF11.29-6.79-37.56%
HXAMast HedgeIndex Corporate Arbitrage ETF25.180.170.67%
HFNDUnlimited HFND Multi-Strategy Return Tracker ETF23.500.632.75%
HXEMast HedgeIndex Adaptive Equities ETF25.660.441.76%
HDGProShares Hedge Replication ETF53.533.046.03%

ETFs Similar to LQ FAQ

What is the cheapest alternative to LQ?
None of the similar ETFs listed here costs less than LQ, whose expense ratio is 0.15% a year. The lowest-cost alternative is QALT (SEI DBi Multi-Strategy Alternative ETF), at 0.80%.
LQ vs. IALT: what is the difference?
IALT (iShares Systematic Alternatives Active ETF) is the first ETF in LQ's similar-ETF list. It has $7.98B in assets under management and a 0.99% expense ratio, against $2.39M and 0.15% for LQ. Compare their performance, price targets and Smart Scores in the table above.
How is LQ different from QIS?
QIS (Simplify Multi-Qis Alternative ETF) comes from the same fund family as LQ (Simplify). QIS charges 1.21% a year, against 0.15% for LQ. QIS manages $51.71M in assets, against $2.39M for LQ. Both funds are in the comparison table above.