AHLPX Alternatives & Similar Mutual Funds

American Beacon AHL Managed Futures Strategy Fund (AHLPX) 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 AHLPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to AHLPX

AHLPX charges 1.83% annually. There are 21 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	1.25%	—	Jan 2010	AHLPX vs AQMIX
CSAIX	Credit Suisse Managed Futures Strategy Fund	1.30%	—	Sep 2012	AHLPX vs CSAIX
RWSIX	Redwood Systematic Macro Trend ("SMarT") Fund	1.30%	—	Nov 2017	AHLPX vs RWSIX
GFIRX	Goldman Sachs Managed Futures Strategy Fund	1.33%	—	Feb 2012	AHLPX vs GFIRX
EVOIX	Altegris Futures Evolution Strategy Fund	1.34%	—	Oct 2011	AHLPX vs EVOIX

Best Risk-Adjusted Alternatives to AHLPX

AHLPX has a PortfoliosLab risk / return rank of 88. There are 5 mutual funds in the Systematic Trend category with higher risk-adjusted ranks, going as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
LOTIX	LoCorr Market Trend Fund	94	—	Jun 2014	AHLPX vs LOTIX
QNZNX	AQR Trend Total Return Fund	93	—	Dec 2021	AHLPX vs QNZNX
AHLIX	American Beacon AHL Managed Futures Strategy Fund ...	91	—	Aug 2014	AHLPX vs AHLIX
AQMIX	AQR Managed Futures Strategy Fund	90	—	Jan 2010	AHLPX vs AQMIX
AQMNX	AQR Managed Futures Strategy Fund Class N	90	—	Jan 2010	AHLPX vs AQMNX

Top Performing AHLPX Alternatives (YTD)

AHLPX is at 11.05% YTD. There are 8 mutual funds in the Systematic Trend category with higher YTD returns, going as high as 21.80%.

Symbol	Name	YTD Return	AUM	Inception
LOTIX	LoCorr Market Trend Fund	21.80%	—	Jun 2014	AHLPX vs LOTIX
QMHIX	AQR Managed Futures Strategy HV Fund	13.50%	—	Jul 2013	AHLPX vs QMHIX
QMHNX	AQR Managed Futures Strategy HV Fund Class N	13.32%	—	Jul 2013	AHLPX vs QMHNX
QNZNX	AQR Trend Total Return Fund	13.23%	—	Dec 2021	AHLPX vs QNZNX
QCFRX	AQR CVX Fusion Fund Class R6	12.96%	—	Jun 2025	AHLPX vs QCFRX

Lowest Volatility Alternatives to AHLPX

AHLPX has 10.89% 1-year volatility. There are 12 mutual funds in the Systematic Trend category with lower 1-year volatility, going as low as 5.72%.

Symbol	Name	Volatility 1Y	AUM	Inception
LFMAX	LoCorr Macro Strategies Fund	5.72%	—	Mar 2011	AHLPX vs LFMAX
LCSIX	LoCorr Long/Short Commodity Strategies Fund	6.09%	—	Dec 2011	AHLPX vs LCSIX
ABYAX	Abbey Capital Futures Strategy Fund Class A	7.83%	—	Aug 2014	AHLPX vs ABYAX
ABYIX	Abbey Capital Futures Strategy Fund Class I	7.85%	—	Jul 2014	AHLPX vs ABYIX
GFIRX	Goldman Sachs Managed Futures Strategy Fund	7.99%	—	Feb 2012	AHLPX vs GFIRX

Lowest Drawdown Alternatives to AHLPX

AHLPX has a 1-year max drawdown of -5.02%. There are 16 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
LFMAX	LoCorr Macro Strategies Fund	-2.53%	—	Mar 2011	AHLPX vs LFMAX
ABYIX	Abbey Capital Futures Strategy Fund Class I	-2.85%	—	Jul 2014	AHLPX vs ABYIX
ABYAX	Abbey Capital Futures Strategy Fund Class A	-2.87%	—	Aug 2014	AHLPX vs ABYAX
AQMIX	AQR Managed Futures Strategy Fund	-3.03%	—	Jan 2010	AHLPX vs AQMIX
AQMNX	AQR Managed Futures Strategy Fund Class N	-3.15%	—	Jan 2010	AHLPX vs AQMNX

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	98	7.31%	—	Feb 2014	AHLPX vs AGEPX
AHTPX	American Beacon AHL TargetRisk Fund	Tactical Allocation	57	7.40%	—	Dec 2018	AHLPX vs AHTPX
AVFIX	American Beacon Small Cap Value Fund	Small Cap Value Equities	69	24.11%	—	Dec 1998	AHLPX vs AVFIX
AADEX	American Beacon Large Cap Value Fund	Large Cap Value Equities	42	7.09%	—	Jul 1987	AHLPX vs AADEX
ADNPX	American Beacon ARK Transformational Innovation Fu...	Mid Cap Growth Equities	6	1.16%	—	Jan 2017	AHLPX vs ADNPX
AADBX	American Beacon Balanced Fund	Diversified Portfolio	42	4.43%	—	Jul 1987	AHLPX vs AADBX
TIVFX	American Beacon Tocqueville International Value Fu...	Foreign Large Cap Equities	90	33.96%	—	Aug 1994	AHLPX vs TIVFX
SHYPX	American Beacon SiM High Yld Opps Fund	High Yield Bonds	96	1.80%	—	Feb 2011	AHLPX vs SHYPX
AAIEX	American Beacon International Equity Fund	Foreign Large Cap Equities	30	6.17%	—	Aug 1991	AHLPX vs AAIEX
AGEYX	American Beacon Developing World Income Fund Class...	Emerging Markets Bonds	98	7.40%	—	Feb 2014	AHLPX vs AGEYX

Often Compared With AHLPX

Investors most often compare AHLPX with DBMF, QQQ, AHLT. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
DBMF	iMGP DBi Managed Futures Strategy ETF	Systematic Trend	76	8.91%	1.89B	May 2019	AHLPX vs DBMF
QQQ	Invesco QQQ ETF	Nasdaq-100	59	15.95%	493.17B	Mar 1999	AHLPX vs QQQ
AHLT	American Beacon AHL Trend ETF	Systematic Trend	66	7.89%	133.25M	Aug 2023	AHLPX vs AHLT
TFBYX	American Beacon TwentyFour Sustainable Short Term ...	Short-Term Bond	66	1.13%	—	Feb 2020	AHLPX vs TFBYX
BRLVX	American Beacon Bridgeway Large Cap Value Fund	Large Cap Value Equities	93	16.66%	—	Oct 2003	AHLPX vs BRLVX
SHXPX	American Beacon Shapiro Equity Opportunities Fund	Large Cap Value Equities	—	—	—	Sep 2017	AHLPX vs SHXPX
PQTPX	PIMCO TRENDS Managed Futures Strategy Fund	Systematic Trend	73	5.10%	—	Dec 2013	AHLPX vs PQTPX
BRLGX	American Beacon Bridgeway Large Cap Growth Fund	Large Cap Growth Equities	35	12.68%	—	Oct 2003	AHLPX vs BRLGX
SHOYX	American Beacon SiM High Yield Opportunities Fund ...	High Yield Bonds	96	1.84%	—	Feb 2011	AHLPX vs SHOYX
ABCVX	American Beacon The London Company Income Equity F...	Large Cap Value Equities	56	13.67%	—	May 2012	AHLPX vs ABCVX
TFGPX	American Beacon TwentyFour Strategic Income Fund	Multisector Bonds	66	1.37%	—	Apr 2017	AHLPX vs TFGPX
GHQPX	American Beacon Garcia Hamilton Quality Bond Fund	Intermediate Core Bond	9	-0.32%	—	Apr 2016	AHLPX vs GHQPX
SHDPX	American Beacon Shapiro SMID Cap Equity Fund	Small Cap Value Equities	—	—	—	Sep 2017	AHLPX vs SHDPX
NISYX	American Beacon NIS Core Plus Bond Fund	Intermediate Core-Plus Bond	23	0.28%	—	Sep 2020	AHLPX vs NISYX
STMGX	American Beacon Stephens Mid-Cap Growth Fund	Mid Cap Growth Equities	19	8.91%	—	Feb 2006	AHLPX vs STMGX
MFTNX	Arrow Managed Futures Strategy Fund Institutional ...	Systematic Trend	70	10.38%	—	Apr 2010	AHLPX vs MFTNX
STSGX	American Beacon Stephens Small Cap Growth Fund	Small Cap Growth Equities	32	12.86%	—	Dec 2005	AHLPX vs STSGX
MFTFX	Arrow Managed Futures Stragegy Fund	Systematic Trend	70	10.13%	—	Apr 2010	AHLPX vs MFTFX
QCFIX	AQR CVX Fusion Fund Class I	Systematic Trend	—	12.88%	—	Jun 2025	AHLPX vs QCFIX
ASFYX	AlphaSimplex Managed Futures Strategy Fund Class Y	Systematic Trend	54	9.82%	—	Jul 2010	AHLPX vs ASFYX

Compare AHLPX with Any Fund or Stock

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

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Diversifiers

Pair AHLPX with funds that move differently

American Beacon AHL Managed Futures Strategy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AHLPX.

Explore AHLPX Diversifiers

American Beacon AHL Managed Futures Strategy Fund (AHLPX) Alternatives