| First Trust Long/Short Equity ETF | ― | | ― | 102.88K | ― | Moderate Buy | | 1.38% | $2.35B | | ― |
| Convergence Long/Short Equity ETF | ― | | ― | 221.51K | ― | Strong Buy | | 1.52% | $699.17M | | ― |
| Militia Long/Short Equity ETF | ― | | ― | 174.17K | ― | Strong Buy | | 10.91% | $353.47M | | ― |
| Roundhill Ultra Short Duration No Dividend Target ETF | ― | | ― | 99.42K | ― | ― | | 0.14% | $303.56M | | ― |
| AGFiQ US Market Neutral Anti-Beta Fund | ― | | ― | 882.04K | ― | Hold | | 1.40% | $276.34M | | ― |
| IQ Merger Arbitrage ETF | ― | | ― | 26.68K | ― | Hold | | 0.77% | $251.15M | | ― |
| Federated Hermes MDT Market Neutral ETF | ― | | ― | 28.71K | ― | Moderate Buy | | 1.94% | $104.33M | | ― |
| AltShares Merger Arbitrage ETF | ― | | ― | 18.42K | ― | Moderate Sell | | 0.76% | $103.38M | | ― |
| Hedgeye Fourth Turning ETF | ― | | ― | 68.66K | ― | ― | | 0.70% | $100.12M | | ― |
| Even Herd Long Short ETF | ― | | ― | 3.03K | ― | Moderate Buy | | 2.62% | $61.30M | | ― |
| Return Stacked Bonds & Merger Arbitrage ETF | ― | | ― | 23.80K | ― | ― | | 1.01% | $49.06M | | ― |
| Future Fund Long/Short ETF | ― | | ― | 6.72K | ― | Moderate Buy | | 1.60% | $41.34M | | ― |
| First Trust Merger Arbitrage ETF | ― | | ― | 20.15K | ― | ― | | 1.69% | $19.90M | | ― |
| Leatherback Long/Short Alternative Yield ETF | ― | | ― | 2.27K | ― | Strong Buy | | 1.20% | $17.87M | | ― |
| Harbor Long-Short Equity ETF | ― | | ― | 2.11K | ― | Strong Buy | | 2.28% | $17.05M | | ― |
| Unlimited HFEQ Equity Long/Short ETF | ― | | ― | 9.39K | ― | ― | | 0.96% | $16.61M | | ― |
| ProShares Merger ETF | ― | | ― | 1.30K | ― | Moderate Sell | | 0.75% | $15.90M | | ― |
| Man Active Emerging Markets Alternative ETF | ― | | ― | 4.10K | ― | ― | | 0.85% | $12.94M | | ― |
| AltShares Event-Driven ETF | ― | | ― | 5.22K | ― | Moderate Sell | | 1.33% | $12.37M | | ― |
| WisdomTree Efficient Long/Short U.S. Equity Fund | ― | | ― | 1.77K | ― | ― | ― | 0.88% | $12.00M | | ― |
| FINQ DOLLAR NEUTRAL U.S. Large Cap AI-Managed Equity ETF | ― | | ― | 3.17K | ― | Strong Buy | | 1.25% | $6.31M | | ― |
| NEOS Long/Short Equity Income ETF | ― | | ― | 1.45K | ― | Strong Buy | | 2.89% | $4.56M | | ― |
| Stoneport Advisors Commodity Long Short ETF | ― | | ― | 1.37K | ― | ― | | 1.10% | $610.27K | | ― |