AHLIX Alternatives & Similar Mutual Funds

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
AQMIX	AQR Managed Futures Strategy Fund - Class I	1.25%	—	Jan 2010	AHLIX vs AQMIX
RWSIX	Redwood Systematic Macro Trend ("SMarT") Fund	1.30%	—	Nov 2017	AHLIX vs RWSIX
CSAIX	Credit Suisse Managed Futures Strategy Fund	1.30%	—	Sep 2012	AHLIX vs CSAIX
GFIRX	Goldman Sachs Managed Futures Strategy Fund	1.33%	—	Feb 2012	AHLIX vs GFIRX
EVOIX	Winton Managed Futures Trend Fund	1.34%	—	Oct 2011	AHLIX vs EVOIX

Best Risk-Adjusted Alternatives to AHLIX

AHLIX has a PortfoliosLab risk / return rank of 91. There are 2 mutual funds in the Systematic Trend category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
LOTIX	LoCorr Market Trend Fund	96	—	Jun 2014	AHLIX vs LOTIX
QNZNX	AQR Trend Total Return Fund	91	—	Dec 2021	AHLIX vs QNZNX
AHLPX	American Beacon AHL Managed Futures Strategy Fund	91	—	Aug 2014	AHLIX vs AHLPX
AQMIX	AQR Managed Futures Strategy Fund - Class I	90	—	Jan 2010	AHLIX vs AQMIX
MBXIX	Catalyst/Millburn Hedge Strategy Fund Class I	90	—	Dec 1996	AHLIX vs MBXIX

Top Performing AHLIX Alternatives (YTD)

AHLIX is at 10.28% YTD. There are 9 mutual funds in the Systematic Trend category with higher YTD returns, going as high as 22.79%.

Symbol	Name	YTD Return	AUM	Inception
LOTIX	LoCorr Market Trend Fund	22.79%	—	Jun 2014	AHLIX vs LOTIX
QCFRX	AQR CVX Fusion Fund Class R6	13.32%	—	Jun 2025	AHLIX vs QCFRX
QCFIX	AQR CVX Fusion Fund Class I	13.24%	—	Jun 2025	AHLIX vs QCFIX
QCFNX	AQR CVX Fusion Fund Class N	13.07%	—	Jun 2025	AHLIX vs QCFNX
QNZNX	AQR Trend Total Return Fund	13.04%	—	Dec 2021	AHLIX vs QNZNX

Lowest Volatility Alternatives to AHLIX

AHLIX has 10.91% 1-year volatility. There are 15 mutual funds in the Systematic Trend category with lower 1-year volatility, going as low as 5.77%.

Symbol	Name	Volatility 1Y	AUM	Inception
LFMAX	LoCorr Macro Strategies Fund	5.77%	—	Mar 2011	AHLIX vs LFMAX
LCSIX	LoCorr Long/Short Commodity Strategies Fund	6.06%	—	Dec 2011	AHLIX vs LCSIX
MBXAX	Catalyst/Millburn Hedge Strategy Fund	6.87%	—	Dec 2015	AHLIX vs MBXAX
MBXIX	Catalyst/Millburn Hedge Strategy Fund Class I	6.90%	—	Dec 1996	AHLIX vs MBXIX
ABYAX	Abbey Capital Futures Strategy Fund Class A	7.93%	—	Aug 2014	AHLIX vs ABYAX

Lowest Drawdown Alternatives to AHLIX

AHLIX has a 1-year max drawdown of -3.52%. There is 1 mutual fund in the Systematic Trend category with a shallower 1-year drawdown, going as shallow as -3.50%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
AHLPX	American Beacon AHL Managed Futures Strategy Fund	-3.50%	—	Aug 2014	AHLIX vs AHLPX
LFMAX	LoCorr Macro Strategies Fund	-3.56%	—	Mar 2011	AHLIX vs LFMAX
MBXIX	Catalyst/Millburn Hedge Strategy Fund Class I	-3.85%	—	Dec 1996	AHLIX vs MBXIX
MBXAX	Catalyst/Millburn Hedge Strategy Fund	-3.89%	—	Dec 2015	AHLIX vs MBXAX
ABYIX	Abbey Capital Futures Strategy Fund Class I	-4.08%	—	Jul 2014	AHLIX vs ABYIX

Other Mutual Funds from American Beacon

The 10 most viewed American Beacon mutual funds shown here include AGEPX, AHTPX, AVFIX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
AGEPX	American Beacon Frontier Markets Income Fund	Emerging Markets Bonds	99	7.82%	—	Feb 2014	AHLIX vs AGEPX
AHTPX	American Beacon AHL TargetRisk Fund	Tactical Allocation	66	6.27%	—	Dec 2018	AHLIX vs AHTPX
AVFIX	American Beacon Small Cap Value Fund	Small Cap Value Equities	84	26.12%	—	Dec 1998	AHLIX vs AVFIX
AADEX	American Beacon Large Cap Value Fund	Large Cap Value Equities	75	10.91%	—	Jul 1987	AHLIX vs AADEX
TIVFX	American Beacon Tocqueville International Value Fu...	Foreign Large Cap Equities	52	17.03%	—	Aug 1994	AHLIX vs TIVFX
ADNPX	American Beacon ARK Transformational Innovation Fu...	Mid Cap Growth Equities	5	-4.07%	—	Jan 2017	AHLIX vs ADNPX
AADBX	American Beacon Balanced Fund	Diversified Portfolio	69	6.20%	—	Jul 1987	AHLIX vs AADBX
AAIEX	American Beacon International Equity Fund	Foreign Large Cap Equities	59	12.56%	—	Aug 1991	AHLIX vs AAIEX
SHYPX	American Beacon SiM High Yld Opps Fund	High Yield Bonds	96	1.75%	—	Feb 2011	AHLIX vs SHYPX
AGEYX	American Beacon Developing World Income Fund Class...	Emerging Markets Bonds	99	7.93%	—	Feb 2014	AHLIX vs AGEYX

Often Compared With AHLIX

Investors most often compare AHLIX with QMHNX, QMHIX, AQMNX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
QMHNX	AQR Managed Futures Strategy HV Fund Class N	Systematic Trend	80	12.31%	—	Jul 2013	AHLIX vs QMHNX
QMHIX	AQR Managed Futures Strategy HV Fund	Systematic Trend	82	12.49%	—	Jul 2013	AHLIX vs QMHIX
AQMNX	AQR Managed Futures Strategy Fund Class N	Systematic Trend	89	10.02%	—	Jan 2010	AHLIX vs AQMNX
NLSIX	Neuberger Berman Long Short Fund	Long-Short	12	0.35%	—	Dec 2011	AHLIX vs NLSIX
ASFYX	Virtus AlphaSimplex Managed Futures Strategy Fund ...	Systematic Trend	66	9.56%	—	Jul 2010	AHLIX vs ASFYX
PQTIX	PIMCO TRENDS Managed Futures Strategy Fund Institu...	Systematic Trend	67	2.53%	—	Jan 2014	AHLIX vs PQTIX
MFTFX	Arrow Managed Futures Stragegy Fund	Systematic Trend	64	8.17%	—	Apr 2010	AHLIX vs MFTFX
ARBNX	The Arbitrage Fund Class Institutional	Event Driven	96	1.71%	—	Oct 2003	AHLIX vs ARBNX
BILPX	BlackRock Event Driven Equity Fund	Event Driven	82	3.08%	—	Dec 2007	AHLIX vs BILPX
PQTAX	PIMCO TRENDS Managed Futures Strategy Fund Class A	Systematic Trend	65	2.33%	—	Dec 2013	AHLIX vs PQTAX
GARIX	Gotham Absolute Return Fund	Long-Short	89	11.32%	—	Aug 2012	AHLIX vs GARIX
GMSAX	Goldman Sachs Managed Futures Strategy Fund Class ...	Systematic Trend	71	5.71%	—	Feb 2012	AHLIX vs GMSAX
BIMBX	BlackRock Systematic Multi-Strategy Class I	Diversified Portfolio	27	1.27%	—	May 2015	AHLIX vs BIMBX
FABZX	Franklin K2 Alternative Strategies Fund	Multistrategy	92	4.68%	—	Oct 2013	AHLIX vs FABZX
RYMTX	Guggenheim Managed Futures Strategy Fund	Systematic Trend	56	5.49%	—	Mar 2007	AHLIX vs RYMTX
STEX	Streamex Corp		9	-76.57%	—	—	AHLIX vs STEX
QDSIX	AQR Diversifying Strategies Fund - Class I	Multistrategy	92	5.50%	—	Jun 2020	AHLIX vs QDSIX
MFTNX	Arrow Managed Futures Strategy Fund Institutional ...	Systematic Trend	65	8.47%	—	Apr 2010	AHLIX vs MFTNX
CSAAX	Mast Managed Futures Strategy Fund Class A	Systematic Trend	21	1.38%	—	Sep 2012	AHLIX vs CSAAX
JDJIX	JHancock Diversified Macro Fund	Multistrategy	24	10.22%	—	Jul 2019	AHLIX vs JDJIX

Compare AHLIX with Any Fund or Stock

Compare AHLIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

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

American Beacon AHL Managed Futures Strategy Fund Class R5 (AHLIX) Alternatives