Horizon Active Asset Allocation Fund (AAANX) belongs to the Tactical Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with AAANX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AAANX
AAANX charges 1.14% annually. There are 23 mutual funds in the Tactical Allocation category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs Growth and Income Strategy Portfolio | 0.19% | — | Jan 1998 | AAANX vs GOIIX | |
| Goldman Sachs Balanced Strategy Portfolio | 0.19% | — | Jan 1998 | AAANX vs GIPIX | |
| PIMCO All Asset All Authority Fund | 0.21% | — | Oct 2003 | AAANX vs PAUIX | |
| Columbia Thermostat Fund | 0.24% | — | Sep 2002 | AAANX vs COTZX | |
| GuidePath Flexible Income Allocation Fund | 0.50% | — | Aug 2012 | AAANX vs GPIFX |
Best Risk-Adjusted Alternatives to AAANX
AAANX has a PortfoliosLab risk / return rank of 40. There are 53 mutual funds in the Tactical Allocation category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Astor Dynamic Allocation Fund | 92 | — | Oct 2009 | AAANX vs ASTIX | |
| Donoghue Forlines Tactical Allocation Fund | 91 | — | Apr 2018 | AAANX vs GTAIX | |
| Potomac Defensive Bull Fund | 90 | — | Jun 2020 | AAANX vs CRDBX | |
| Donoghue Forlines Momentum Fund | 89 | — | Dec 2016 | AAANX vs MOJOX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 89 | — | Apr 2012 | AAANX vs SIOAX |
Top Performing AAANX Alternatives (YTD)
AAANX is at 9.13% YTD. There are 19 mutual funds in the Tactical Allocation category with higher YTD returns, going as high as 45.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quantified Evolution Plus Fund | 45.27% | — | Sep 2019 | AAANX vs QEVOX | |
| Donoghue Forlines Momentum Fund | 40.03% | — | Dec 2016 | AAANX vs MOJOX | |
| Teberg Fund | 28.07% | — | Mar 2002 | AAANX vs TEBRX | |
| Quantified STF Fund | 25.47% | — | Nov 2015 | AAANX vs QSTFX | |
| Potomac Defensive Bull Fund | 17.02% | — | Jun 2020 | AAANX vs CRDBX |
Lowest Volatility Alternatives to AAANX
AAANX has 14.65% 1-year volatility. There are 65 mutual funds in the Tactical Allocation category with lower 1-year volatility, going as low as 2.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | 2.50% | — | Aug 2012 | AAANX vs GPIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 2.67% | — | Apr 2012 | AAANX vs SIOAX | |
| Goldman Sachs TacticalTiltOverlayFund | 2.78% | — | Jul 2014 | AAANX vs TTIFX | |
| Hundredfold Select Alternative Fund | 4.78% | — | Aug 2004 | AAANX vs SFHYX | |
| Hundredfold Select Alternative Fund Investor Class | 4.79% | — | — | AAANX vs HFSAX |
Lowest Drawdown Alternatives to AAANX
AAANX has a 1-year max drawdown of -10.56%. There are 68 mutual funds in the Tactical Allocation category with shallower 1-year drawdowns, going as shallow as -1.69%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | -1.69% | — | Aug 2012 | AAANX vs GPIFX | |
| AQR Diversifying Strategies Fund Class N | -1.97% | — | Jun 2020 | AAANX vs QDSNX | |
| Goldman Sachs TacticalTiltOverlayFund | -2.11% | — | Jul 2014 | AAANX vs TTIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | -2.34% | — | Apr 2012 | AAANX vs SIOAX | |
| Hussman Strategic Total Return Fund | -2.42% | — | Sep 2002 | AAANX vs HSTRX |
Other Mutual Funds from Horizon Investments
The 6 most viewed Horizon Investments mutual funds shown here include HNDRX, ARANX, USRAX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Horizon Defined Risk Fund | Options Trading | 59 | 4.10% | — | Dec 2017 | AAANX vs HNDRX | |
| Horizon Active Risk Assist Fund | Diversified Portfolio | 39 | 8.57% | — | Aug 2014 | AAANX vs ARANX | |
| Horizon U.S. Defensive Equity Fund | Large Cap Blend Equities | 51 | 7.52% | — | Jun 2019 | AAANX vs USRAX | |
| Horizon Active Dividend Fund | Large Cap Value Equities | 75 | 8.64% | — | Dec 2016 | AAANX vs HNDDX | |
| Horizon ESG Defensive Core Fund | Large Cap Blend Equities | 43 | 4.84% | — | Dec 2019 | AAANX vs HESGX | |
| Horizon Active Income Fund | Intermediate Core-Plus Bond | 19 | 0.41% | — | Sep 2013 | AAANX vs AIMNX |
Often Compared With AAANX
Investors most often compare AAANX with HUSV, VASGX, VTSAX. These 19 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare AAANX with Any Fund or Stock
Compare AAANX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AAANX with funds that move differently
Horizon Active Asset Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AAANX.
Explore AAANX Diversifiers