SEI DBi Multi-Strategy Alternative ETF
$25.69−0.09 (−0.35%)
- 0.80%
- $194M
- +6.2%
- 17.8K sh
- low $23.52high $27.04
The ETF.net QALT Grade
A
Score 74 out of 100
- 4 of 30
Score 74 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A90 out of 100Rank 4 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B67 out of 100Rank 9 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B57 out of 100Rank 10 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 8 of 30
Our read on QALT
In short
AOne ticker, several hedge fund playbooks: SEI stacks sub-advisers running directional, event-driven and arbitrage strategies, and measures itself against 3-month T-bills instead of the S&P 500. It undercuts the typical alternatives fund on fees.
Stated mandate
The fund seeks positive absolute returns across market cycles with reduced correlation to stocks and bonds. It pursues this through multiple underlying funds and sub-advisers using directional or tactical, event-driven, and arbitrage approaches.
Why people hold it
Worth knowing
QALT Holdings
- Other
- 27
- 82%
- Cash
Sectors
- Technology27.4%
- Industrials15.9%
- Financials13.6%
- Health Care13.4%
- Consumer Discretionary8.0%
- Materials4.4%
- Communication4.2%
- Real Estate4.2%
- Energy3.9%
- Consumer Staples3.0%
- Utilities2.1%
Geography
- United States71.75%
- Taiwan5.12%
- South Korea3.80%
- China3.41%
- Japan2.50%
- United Kingdom2.13%
- India1.94%
- Switzerland1.05%
- 8.31%
Developed 39% · Emerging 61%
QALT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
QALT$10,619
Returns run to the Nov 3, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | QALT |
|---|---|
| Year to date | +5.3% |
| 1 month | −2.2% |
| 3 months | −1.6% |
| 1 year | +6.2% |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | QALT |
|---|---|---|
| 2026 YTD | +5.3% | |
| 2025 | +4.9% |
QALT in the news
QALT Dividends
- $0.17 per share
- Quarterly
Distribution data unavailable.
Distribution history
$10,000 in QALT 1 year ago paid $678 in dividends.
QALT Risk
- 7.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.77
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −4.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.24
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
QALT Cost
Overpaying vs HBDC, cheapest in Alternative Strategies
$7,448
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
QALT 0.80%
$15,346
HBDC 0.39% Cheapest
$7,898
Cost over time
Year by year
| Year | QALT | HBDC | Overpaying |
|---|---|---|---|
| 10 | $1,422 | $705 | $717 |
| 20 | $5,393 | $2,725 | $2,668 |
| 30 | $15,346 | $7,898 | $7,448 |
Other funds in Alternative Strategies
- AHBDCHilton BDC Corporate Bond ETFExpense ratio 0.39%1 year return +2.3%
- AQAINYLI Hedge Multi-Strategy Tracker ETFExpense ratio 0.81%1 year return +6.3%
- BIALTiShares Systematic Alternatives Active ETFExpense ratio 0.99%1 year return
- BRNMNRiverNorth Market Neutral ETFExpense ratio 0.59%1 year return +1.1%
- BHDGProShares Hedge Replication ETFExpense ratio 0.95%1 year return +6.0%
