investment pipeline

• HDG – ProShares Hedge Replication ETF
  • Uses factor models to replicate average hedge fund exposures
  • Low correlation to traditional stocks/bonds
• FAAR – First Trust Alternative Absolute Return Strategy ETF
  • Multi‑strategy absolute return (equities, rates, commodities)
  • Actively managed
• LALT – First Trust Multi‑Strategy Alternative ETF
  • Dynamic allocation across hedge‑fund‑like strategies
  • Risk‑controlled allocation shifts

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📉 Long/Short Equity (Equity Hedge)

Profit from stock selection, not market direction.

• CSM – ProShares Large Cap Core Plus
  • Factor‑based long/short exposure
  • Often used as equity hedge overlay
• BTAL – AGFiQ U.S. Market Neutral Anti‑Beta Fund
  • Long low‑beta stocks, short high‑beta stocks
  • Designed to hedge market drawdowns

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 Managed Futures / Trend‑Following

Classic hedge fund strategy — can be volatile but uncorrelated.

• WTMF – WisdomTree Managed Futures Strategy Fund
  • Trend‑following across global futures markets
  • Strong hedge characteristics during equity stressDBMF – iMGP DBi Managed Futures Strategy ETF
  • Replicates large CTA hedge funds using regression modeling
  • One of the most widely used hedge‑like ETFs
• KMLM – KFA Mount Lucas Managed Futures Index ETF
  • Systematic trend strategy, long‑only futures
  • High volatility, strong crisis‑alpha potential

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 Event‑Driven / Arbitrage

Lower volatility, but more fragile in market dislocations.

• MARB – First Trust Merger Arbitrage ETF
  • Profits from acquisition spreads
  • Sensitive to deal risk and credit stress

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 Absolute Return / Capital Preservation

Designed to reduce drawdowns rather than maximize upside.

• HF – DGA Core Plus Absolute Return ETF
  • Hedge‑fund‑style portfolio using ETFs and shorts
  • Higher fees, complex structure
• QAI – IQ Hedge Multi‑Strategy Tracker ETF
  • Tracks Hedge Fund Research (HFR) index exposure
  • Broad hedge‑fund‑style allocation