| Exchange-traded funds tracking the precious metal were among the 'alt ETFs' that weathered the selloff. Some of the alt ETFs didn't act very alt in the market selloff. The goal of alternative, or alt, exchange-traded funds, which track such things as commodities and hedge fund strategies, is to provide returns that don't move broadly in tandem with stock and bond markets.
Alternative assets can also include physical real estate and private equity, which are used heavily by institutions. When the value of stocks, and many bonds, tumbled recently, investors hoped these other assets would help offset some of the value destruction...............................................Full Article: Source
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