Two Alternative ETFs Worth Watching: FFLS and CBLS Show Double-Digit Growth Potential

Investors seeking portfolio diversification through alternative asset strategies should monitor recent market analysis on two long/short equity funds. The alternative ETFs landscape continues to attract investor attention as market participants seek exposure to hedge fund strategies, managed futures, and other non-traditional investment vehicles without the complexity of direct fund access. Using advanced ETF analysis platforms, researchers have identified a pair of interesting opportunities with potential returns exceeding 10%.

Changebridge Capital’s Long/Short Strategy Demonstrates Balanced Growth

The Changebridge Capital Long/Short Equity ETF (CBLS) takes a different approach than traditional equity-focused funds by seeking long-term capital appreciation while actively managing volatility. With $8.21 million in assets under management, this fund maintains a diversified 49-stock portfolio where the top 10 holdings represent 57.02% of total assets.

Market consensus on CBLS reflects a Moderate Buy rating, with 41 of its 49 holdings rated Buy, 7 with Hold ratings, and 1 Sell recommendation. Analyst price forecasts suggest $23.93 as an average target, implying approximately 12.7% upside from current trading levels. Over the recent three-month period, CBLS delivered 12.1% in gains, demonstrating consistent execution of its risk-management mandate.

Future Fund’s Trend-Based Approach Targets 17% Upside

The Future Fund Long/Short ETF (FFLS) pursues a distinct strategy centered on emerging growth trends, establishing long positions in securities expected to benefit from these shifts while shorting those facing headwinds. The fund manages $2.04 million in assets, with concentrated holdings where the top 10 positions account for 93.24% of the portfolio—a more concentrated structure than its peer.

FFLS carries a Moderate Buy consensus rating on analyst platforms, with 28 of its 32 holdings carrying Buy ratings and 4 rated Hold. The average price target of $23.63 reflects an estimated 17.1% upside potential from present levels. The fund has appreciated 7.1% over the past three months, showing steady performance despite its more concentrated positioning.

Why Alternative ETFs Matter for Portfolio Diversification

The case for alternative ETFs extends beyond simple return potential. These investment vehicles offer transparent, cost-efficient pathways to alternative asset classes that historically operated through opaque, high-minimum private funds. By incorporating alternative ETFs into a portfolio, investors can reduce concentration risk, gain exposure to diverse strategies like managed futures and market-neutral approaches, and potentially achieve better risk-adjusted returns. The growing sophistication of alternative ETFs has democratized access to strategies previously available only to institutional allocators with substantial capital reserves.