According to PwC, the alternative investment industry is expected to expand fivefold to at least $13.6 trillion in the next half decade, compared to its current $2.5 trillion, reports Svea Herbst-Bayliss for Reuters.

For its part, HDG charges just 0.95% per year. That sounds pricey compared to traditional passive equity ETFs, but is far better than the 2% upfront and 20% of profits charged by many hedge funds.

ProShares Hedge Replication ETF

For more information on alternative investments, visit our alternatives category.