American Beacon AHL Managed Futures Strategy Fund Class R5 (AHLIX) belongs to the Systematic Trend category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with AHLIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AHLIX
AHLIX charges 1.53% annually. There are 8 mutual funds in the Systematic Trend category with lower expense ratios, going as low as 1.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Managed Futures Strategy Fund | 1.25% | — | Jan 2010 | AHLIX vs AQMIX | |
| Credit Suisse Managed Futures Strategy Fund | 1.30% | — | Sep 2012 | AHLIX vs CSAIX | |
| Redwood Systematic Macro Trend ("SMarT") Fund | 1.30% | — | Nov 2017 | AHLIX vs RWSIX | |
| Goldman Sachs Managed Futures Strategy Fund | 1.33% | — | Feb 2012 | AHLIX vs GFIRX | |
| Altegris Futures Evolution Strategy Fund | 1.34% | — | Oct 2011 | AHLIX vs EVOIX |
Best Risk-Adjusted Alternatives to AHLIX
AHLIX has a PortfoliosLab risk / return rank of 88. There are 4 mutual funds in the Systematic Trend category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 94 | — | Jun 2014 | AHLIX vs LOTIX | |
| AQR Trend Total Return Fund | 92 | — | Dec 2021 | AHLIX vs QNZNX | |
| AQR Managed Futures Strategy Fund | 90 | — | Jan 2010 | AHLIX vs AQMIX | |
| AQR Managed Futures Strategy Fund Class N | 90 | — | Jan 2010 | AHLIX vs AQMNX | |
| American Beacon AHL Managed Futures Strategy Fund | 88 | — | Aug 2014 | AHLIX vs AHLPX |
Top Performing AHLIX Alternatives (YTD)
AHLIX is at 10.91% YTD. There are 7 mutual funds in the Systematic Trend category with higher YTD returns, going as high as 22.34%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 22.34% | — | Jun 2014 | AHLIX vs LOTIX | |
| AQR CVX Fusion Fund Class R6 | 14.85% | — | Jun 2025 | AHLIX vs QCFRX | |
| AQR CVX Fusion Fund Class I | 14.77% | — | Jun 2025 | AHLIX vs QCFIX | |
| AQR CVX Fusion Fund Class N | 14.61% | — | Jun 2025 | AHLIX vs QCFNX | |
| AQR Trend Total Return Fund | 13.79% | — | Dec 2021 | AHLIX vs QNZNX |
Lowest Volatility Alternatives to AHLIX
AHLIX has 10.92% 1-year volatility. There are 13 mutual funds in the Systematic Trend category with lower 1-year volatility, going as low as 5.70%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund | 5.70% | — | Mar 2011 | AHLIX vs LFMAX | |
| LoCorr Long/Short Commodity Strategies Fund | 5.94% | — | Dec 2011 | AHLIX vs LCSIX | |
| Abbey Capital Futures Strategy Fund Class A | 7.86% | — | Aug 2014 | AHLIX vs ABYAX | |
| Abbey Capital Futures Strategy Fund Class I | 7.87% | — | Jul 2014 | AHLIX vs ABYIX | |
| Goldman Sachs Managed Futures Strategy Fund Class ... | 8.18% | — | Feb 2012 | AHLIX vs GMSAX |
Lowest Drawdown Alternatives to AHLIX
AHLIX has a 1-year max drawdown of -4.91%. There are 9 mutual funds in the Systematic Trend category with shallower 1-year drawdowns, going as shallow as -2.53%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund | -2.53% | — | Mar 2011 | AHLIX vs LFMAX | |
| Abbey Capital Futures Strategy Fund Class I | -3.33% | — | Jul 2014 | AHLIX vs ABYIX | |
| Abbey Capital Futures Strategy Fund Class A | -3.36% | — | Aug 2014 | AHLIX vs ABYAX | |
| PIMCO TRENDS Managed Futures Strategy Fund Institu... | -4.63% | — | Jan 2014 | AHLIX vs PQTIX | |
| PIMCO TRENDS Managed Futures Strategy Fund | -4.66% | — | Dec 2013 | AHLIX vs PQTPX |
Other Mutual Funds from American Beacon
The 10 most viewed American Beacon mutual funds shown here include AGEPX, AHTPX, AVFIX and span 8 categories.
Often Compared With AHLIX
Investors most often compare AHLIX with QMHNX, QMHIX, NLSIX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare AHLIX with Any Fund or Stock
Compare AHLIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AHLIX with funds that move differently
American Beacon AHL Managed Futures Strategy Fund Class R5 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AHLIX.
Explore AHLIX Diversifiers