Alternatives Mutual Funds List

Number of Funds: 133
Avg. Expense Ratio: 2.04%
Avg. Yield: 4.08%
Avg. 1 Year Return: 15.50%
Median Risk/Return Score: 69 / 100

129 results

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield	Risk / Return Rank
ABYAX	Abbey Capital Futures Strategy Fund Class A	Systematic Trend	Aug 29, 2014	2.04%	7.38%	3.25%	1.18%	61
ABYIX	Abbey Capital Futures Strategy Fund Class I	Systematic Trend	Jul 1, 2014	1.79%	7.61%	3.51%	1.23%	63
ADAIX	AQR Diversified Arbitrage Fund Class I	Multistrategy	Jan 15, 2009	1.38%	3.04%	6.86%	2.06%	99
ADANX	AQR Diversified Arbitrage Fund Class N	Multistrategy	Jan 15, 2009	2.12%	2.97%	6.60%	1.80%	99
AEDNX	Water Island Event-Driven Fund	Event Driven	Sep 30, 2010	1.44%	1.88%	4.25%	0.93%	94
AHLIX	American Beacon AHL Managed Futures Strategy Fund ...	Systematic Trend	Aug 19, 2014	1.53%	12.28%	5.09%	7.35%	88
AHLPX	American Beacon AHL Managed Futures Strategy Fund	Systematic Trend	Aug 18, 2014	1.83%	12.12%	4.71%	7.20%	88
AMFAX	AlphaSimplex Managed Futures Strategy Fund Class A	Systematic Trend	Jul 30, 2010	1.72%	14.44%	2.58%	1.61%	66
APLIX	Cavanal Hill Hedged Income Fund	Options Trading	Dec 27, 2020	1.35%	5.70%	—	0.32%	53
AQMIX	AQR Managed Futures Strategy Fund	Systematic Trend	Jan 5, 2010	1.25%	12.43%	4.95%	2.01%	90
AQMNX	AQR Managed Futures Strategy Fund Class N	Systematic Trend	Jan 6, 2010	2.97%	12.24%	4.69%	1.83%	89
ARBFX	The Arbitrage Fund	Event Driven	Sep 17, 2000	1.43%	1.04%	3.22%	3.55%	97
ARBIX	Absolute Convertible Arbitrage Fund Institutional ...	Multistrategy	Aug 14, 2017	1.47%	4.60%	—	5.10%	100
ASFYX	AlphaSimplex Managed Futures Strategy Fund Class Y	Systematic Trend	Jul 30, 2010	1.47%	14.60%	2.91%	1.33%	67
ATRFX	Catalyst Systematic Alpha Class I	Multistrategy	Jul 31, 2014	1.77%	-0.84%	5.74%	0.50%	8
BAMBX	BlackRock Systematic Multi-Strategy Fund	Multistrategy	Sep 29, 2020	1.20%	-0.68%	4.22%	1.98%	3
BILPX	BlackRock Event Driven Equity Fund	Event Driven	Dec 18, 2007	1.16%	1.73%	5.00%	4.12%	62
BPRLX	Beacon Planned Return Strategy Fund	Options Trading	Oct 1, 2017	1.19%	5.08%	—	11.94%	85
BRGOX	Bridgeway Global Opportunities Fund Class N	Equity Market Neutral	Oct 15, 2024	1.63%	4.27%	—	10.90%	57
BUIGX	Cboe Vest US Large Cap 10% Buffer Fund	Options Trading	Aug 22, 2016	0.95%	6.52%	—	0.00%	69

Risk vs. Return Scatterplot

The Risk vs. Return Scatterplot allows you to quickly compare funds, stocks, and ETFs in one view. It displays the yearly return of an instrument on one axis and the risk (volatility) on the other.

Loading charts...

Time Period

Best Alternatives Mutual funds by Risk/Return Score

The top Alternatives Mutual funds by PortfoliosLab Risk/Return Score are SRRIX (100) and PPFIX (100). The score measures risk-adjusted performance over the past year, accounting for volatility, drawdown, and return consistency.

Symbol	Name	Risk / Return Rank	AUM	Inception
SRRIX	Stone Ridge Reinsurance Risk Premium Interval Fund	100	—	Dec 2013
PPFIX	Princeton Premium Fund	100	—	Nov 2016
ARBIX	Absolute Convertible Arbitrage Fund Institutional ...	100	—	Aug 2017
MMNIX	Miller Market Neutral Income Fund Class I	99	—	Dec 2023
ADAIX	AQR Diversified Arbitrage Fund Class I	99	—	Jan 2009

Best-Performing Alternatives Mutual funds Over 5 Years

The top Alternatives Mutual funds is MLPLX (26.55%). Across the lineup, Alternatives Mutual funds show an average 1-year return of 15.50% and an average 5-year return of 6.88%, providing a clearer view of performance across different investment horizons.

Symbol	Name	Return 5Y	AUM	Inception
MLPLX	Invesco SteelPath MLP Alpha Plus Fund Class A	26.55%	—	Feb 2012
SRRIX	Stone Ridge Reinsurance Risk Premium Interval Fund	21.89%	—	Dec 2013
MLPAX	Invesco SteelPath MLP Alpha Fund Class A	21.37%	—	Mar 2010
MLPFX	Invesco SteelPath MLP Select 40 Fund Class A	20.81%	—	Mar 2010
QRPRX	AQR Alternative Risk Premia R6	19.89%	—	Sep 2017

Lowest-Cost Alternatives Mutual funds

The top Alternatives Mutual funds is RMDFX (0.18%). With an average expense ratio of 2.04%, Alternatives Mutual funds remain a low-cost option for investors seeking broad market exposure, sector allocations, and diversified portfolio building blocks.

Symbol	Name	Expense Ratio	AUM	Inception
RMDFX	Aspiriant Defensive Allocation Fund	0.18%	—	Dec 2015
EIVPX	Parametric Volatility Risk Premium - Defensive Fun...	0.47%	—	Feb 2017
SPATX	Symmetry Panoramic Alternatives Fund	0.50%	—	Nov 2018
JHEQX	JPMorgan Hedged Equity Fund Class I	0.58%	—	Dec 2013
TALTX	Morgan Stanley Pathway Funds Alternative Strategie...	0.59%	—	Feb 2018

Highest-Yield Alternatives Mutual funds

The top Alternatives Mutual funds is SRRIX (18.56%). Across the lineup, Alternatives Mutual funds show an average dividend yield of 4.08%, offering investors a steady stream of income through regular dividend payments, making them attractive for income-seeking portfolios.

Symbol	Name	Dividend Yield	AUM	Inception
SRRIX	Stone Ridge Reinsurance Risk Premium Interval Fund	18.56%	—	Dec 2013
DEVDX	Driehaus Event Driven Fund	16.48%	—	Aug 2013
IPSAX	IPS Strategic Capital Absolute Return Fund	14.27%	—	Apr 2016
BPRLX	Beacon Planned Return Strategy Fund	11.94%	—	Oct 2017
WCEIX	Virtus Westchester Event-Driven Fund	11.16%	—	Jan 2014

Top Mutual funds Asset Classes

Equity · 3,623 Mutual funds Bond · 1,986 Mutual funds Multi-Asset · 1,523 Mutual funds Real Estate · 115 Mutual funds Commodity · 64 Mutual funds Preferred Stock · 11 Mutual funds Allocation · 3 Mutual funds Cryptocurrency · 2 Mutual funds

Top Mutual funds Comparisons

Compare the top Mutual funds symbols based on PortfoliosLab usage data.