Hedge Fund ETFs List of USA 2025: FKnol.com

USA ETF Screener:

Direct investments in hedge funds are not for the average Joe investor, as hedge funds are complex financial securities which employ advance strategies which come with high risk. On one hand, hedge funds can provide very high returns, and on the other they risk losing a significant portion of invested capital which may not be suitable for the common investors. Additionally, hedge fund investments may also come at high cost in the form of high expense ratio and administrative charges.
Hedge Fund ETFs (exchange traded funds) come to the rescue. While they may not reduce the risk that comes with direct investments in hedge funds, they may spread the investors capital across multiple hedge funds thereby reducing the dependence on one of the hedge funds and offer benefit of diversification. Additionally, the hedge fund ETFs come at a comparatively lower cost of investment in the form of lower expense ratio.
Such hedge fund ETFs employ various strategies used by hedge funds. They include taking long/short positions in stocks as well as alternative assets, going market neutral, taking managed futures positions, or simply replicating a particular hedge fund strategy. Additionally, there are private ETFs that put sophisticated strategies to implementation. Hedge fund ETFs belong to the class of Alternative ETFs. (For more details, see List of Alternatives ETFs.)
This article provides the list of ETFs which belong to the Hedge Fund category and are available for trading in the U.S. capital markets.
Following is the list of all 17 exchange-traded funds that FKnol has in its database for ETFs which belong to the Hedge Fund category:

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List of All Hedge Fund ETFs

🡄 1-9 10-17 🡆

No.	Name (Ticker)	Short Description	Current Price	%YTD Gains	Expense Ratio	No. of Holdings*

Sorted by Ticker. Click on the arrow buttons to sort the table as per the desired column
1.	AltShares Merger Arbitrage ETF (ARB)	AltShares Merger Arbitrage is an exchange-traded fund that seeks to provide investment results that correspond to the performance of the Water Island Merger Arbitrage USD Hedged Index ...Detailed Profile Dividend Frequency: Issuer: AltShares Trust	$28.18	2.36%	0.75%	0
2.	First Trust Morningstar Managed Futures Strategy Fund (FMF)	The First Trust Morningstar Managed Futures Strategy Fund seeks positive returns uncorrelated with major asset classes. The actively managed fund uses futures in commodity (50%), currency (25%) and equity (25%) indexes. ...Detailed Profile Dividend Frequency: Quarterly Dividend History Issuer: First Trust	$46.85	-1.53%	0.95%	36
3.	ETF Hedge Fund ZVZZT Corp Ltd. (ZVZZT)	The ETF Hedge Fund belonging to the Multi-Asset category, sub-sector and trading in the US market has the following ETF profile. ...See Detailed ETF Profile Dividend History	Members Only! Login / Register to view or

4.	Gadsden Dynamic Multi-Asset ETF (GDMA)	GDMA is an actively managed portfolio that may hold any asset class. The fund seeks total return. ...Detailed Profile Dividend Frequency: Annually Dividend History Issuer: Gadsden, LLC	$31.95	1.01%	0.71%	15
5.	Cambria Global Momentum ETF (GMOM)	The Cambria Global Momentum ETF is an actively managed fund that selects approximately 17 ETFs, across various asset classes, based on price momentum. The fund aims for capital appreciation rather than income. ...Detailed Profile Dividend Frequency: Quarterly Dividend History Issuer: Cambria	$28.98	0.87%	1.07%	18
6.	ETF Hedge Fund ZVZZT Corp Ltd. (ZVZZT)	The ETF Hedge Fund belonging to the Alternatives category, Hedge Fund sub-sector and trading in the US market has the following ETF profile. ...See Detailed ETF Profile Dividend History	Members Only! Login / Register to view or

7.	IQ Merger Arbitrage ETF (MNA)	The IQ Merger Arbitrage ETF tracks an index that uses a merger arbitrage strategy with long exposure to takeover targets and short exposure to broad global equity indexes. ...Detailed Profile Dividend Frequency: Annually Dividend History Issuer: IndexIQ	$33.77	2.46%	0.78%	54
8.	Proshares Merger ETF (MRGR)	The ProShares Merger ETF tracks an index of developed-market equities involved in merger deals, with long exposure to target firms and short exposure to acquiring firms. The fund is net long and hedges FX risk. ...Detailed Profile Dividend Frequency: Quarterly Dividend History Issuer: ProShares	$41.9	2.2%	0.75%	34
9.	ETF Hedge Fund ZVZZT Corp Ltd. (ZVZZT)	The ETF Hedge Fund belonging to the Multi-Asset category, Multi-Cap sub-sector and trading in the US market has the following ETF profile. ...See Detailed ETF Profile	Members Only! Login / Register to view or