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 - Class I	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	Winton Managed Futures Trend Fund	1.34%	—	Oct 2011	AHLPX vs EVOIX

Best Risk-Adjusted Alternatives to AHLPX

AHLPX has a PortfoliosLab risk / return rank of 94. There are 4 mutual funds in the Systematic Trend category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
LOTIX	LoCorr Market Trend Fund	98	—	Jun 2014	AHLPX vs LOTIX
MBXIX	Catalyst/Millburn Hedge Strategy Fund Class I	95	—	Dec 1996	AHLPX vs MBXIX
QNZNX	AQR Trend Total Return Fund	95	—	Dec 2021	AHLPX vs QNZNX
MBXAX	Catalyst/Millburn Hedge Strategy Fund	95	—	Dec 2015	AHLPX vs MBXAX
AHLIX	American Beacon AHL Managed Futures Strategy Fund ...	94	—	Aug 2014	AHLPX vs AHLIX

Top Performing AHLPX Alternatives (YTD)

AHLPX is at 9.66% YTD. There are 12 mutual funds in the Systematic Trend category with higher YTD returns, going as high as 23.51%.

Symbol	Name	YTD Return	AUM	Inception
LOTIX	LoCorr Market Trend Fund	23.51%	—	Jun 2014	AHLPX vs LOTIX
QCFRX	AQR CVX Fusion Fund Class R6	15.12%	—	Jun 2025	AHLPX vs QCFRX
QCFIX	AQR CVX Fusion Fund Class I	15.05%	—	Jun 2025	AHLPX vs QCFIX
QCFNX	AQR CVX Fusion Fund Class N	14.88%	—	Jun 2025	AHLPX vs QCFNX
QNZNX	AQR Trend Total Return Fund	13.72%	—	Dec 2021	AHLPX vs QNZNX

Lowest Volatility Alternatives to AHLPX

AHLPX has 10.76% 1-year volatility. There are 15 mutual funds in the Systematic Trend category with lower 1-year volatility, going as low as 5.80%.

Symbol	Name	Volatility 1Y	AUM	Inception
LFMAX	LoCorr Macro Strategies Fund	5.80%	—	Mar 2011	AHLPX vs LFMAX
LCSIX	LoCorr Long/Short Commodity Strategies Fund	6.08%	—	Dec 2011	AHLPX vs LCSIX
MBXAX	Catalyst/Millburn Hedge Strategy Fund	6.70%	—	Dec 2015	AHLPX vs MBXAX
MBXIX	Catalyst/Millburn Hedge Strategy Fund Class I	6.73%	—	Dec 1996	AHLPX vs MBXIX
ABYIX	Abbey Capital Futures Strategy Fund Class I	7.91%	—	Jul 2014	AHLPX vs ABYIX

Lowest Drawdown Alternatives to AHLPX

AHLPX has a 1-year max drawdown of -3.50%. No mutual funds in the Systematic Trend category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -3.52%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
AHLIX	American Beacon AHL Managed Futures Strategy Fund ...	-3.52%	—	Aug 2014	AHLPX vs AHLIX
LFMAX	LoCorr Macro Strategies Fund	-3.56%	—	Mar 2011	AHLPX vs LFMAX
MBXIX	Catalyst/Millburn Hedge Strategy Fund Class I	-3.85%	—	Dec 1996	AHLPX vs MBXIX
MBXAX	Catalyst/Millburn Hedge Strategy Fund	-3.89%	—	Dec 2015	AHLPX vs MBXAX
ABYIX	Abbey Capital Futures Strategy Fund Class I	-4.33%	—	Jul 2014	AHLPX 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	8.32%	—	Feb 2014	AHLPX vs AGEPX
AHTPX	American Beacon AHL TargetRisk Fund	Tactical Allocation	72	7.12%	—	Dec 2018	AHLPX vs AHTPX
AVFIX	American Beacon Small Cap Value Fund	Small Cap Value Equities	90	28.52%	—	Dec 1998	AHLPX vs AVFIX
AADEX	American Beacon Large Cap Value Fund	Large Cap Value Equities	83	12.29%	—	Jul 1987	AHLPX vs AADEX
TIVFX	American Beacon Tocqueville International Value Fu...	Foreign Large Cap Equities	48	19.20%	—	Aug 1994	AHLPX vs TIVFX
ADNPX	American Beacon ARK Transformational Innovation Fu...	Mid Cap Growth Equities	5	-3.30%	—	Jan 2017	AHLPX vs ADNPX
AADBX	American Beacon Balanced Fund	Diversified Portfolio	76	7.01%	—	Jul 1987	AHLPX vs AADBX
SHYPX	American Beacon SiM High Yld Opps Fund	High Yield Bonds	95	1.97%	—	Feb 2011	AHLPX vs SHYPX
AAIEX	American Beacon International Equity Fund	Foreign Large Cap Equities	62	13.00%	—	Aug 1991	AHLPX vs AAIEX
AGEYX	American Beacon Developing World Income Fund Class...	Emerging Markets Bonds	99	8.45%	—	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	85	10.36%	1.89B	May 2019	AHLPX vs DBMF
QQQ	Invesco QQQ ETF	Nasdaq-100	55	18.11%	452.80B	Mar 1999	AHLPX vs QQQ
AHLT	American Beacon AHL Trend ETF	Systematic Trend	83	9.94%	133.25M	Aug 2023	AHLPX vs AHLT
BRLVX	American Beacon Bridgeway Large Cap Value Fund	Large Cap Value Equities	97	21.50%	—	Oct 2003	AHLPX vs BRLVX
TFBYX	American Beacon TwentyFour Sustainable Short Term ...	Short-Term Bond	59	1.22%	—	Feb 2020	AHLPX vs TFBYX
SHXPX	American Beacon Shapiro Equity Opportunities Fund	Large Cap Value Equities	—	—	—	Sep 2017	AHLPX vs SHXPX
BRLGX	American Beacon Bridgeway Large Cap Growth Fund	Large Cap Growth Equities	47	18.39%	—	Oct 2003	AHLPX vs BRLGX
ABYAX	Abbey Capital Futures Strategy Fund Class A	Systematic Trend	57	3.83%	—	Aug 2014	AHLPX vs ABYAX
PQTPX	PIMCO TRENDS Managed Futures Strategy Fund	Systematic Trend	72	2.62%	—	Dec 2013	AHLPX vs PQTPX
SHOYX	American Beacon SiM High Yield Opportunities Fund ...	High Yield Bonds	95	2.04%	—	Feb 2011	AHLPX vs SHOYX
AQMNX	AQR Managed Futures Strategy Fund Class N	Systematic Trend	91	9.39%	—	Jan 2010	AHLPX vs AQMNX
SHDPX	American Beacon Shapiro SMID Cap Equity Fund	Small Cap Value Equities	—	—	—	Sep 2017	AHLPX vs SHDPX
ABCVX	American Beacon The London Company Income Equity F...	Large Cap Value Equities	70	15.79%	—	May 2012	AHLPX vs ABCVX
TFGPX	American Beacon TwentyFour Strategic Income Fund	Multisector Bonds	52	1.36%	—	Apr 2017	AHLPX vs TFGPX
QMHNX	AQR Managed Futures Strategy HV Fund Class N	Systematic Trend	82	11.60%	—	Jul 2013	AHLPX vs QMHNX
NISYX	American Beacon NIS Core Plus Bond Fund	Intermediate Core-Plus Bond	12	-0.53%	—	Sep 2020	AHLPX vs NISYX
QMHIX	AQR Managed Futures Strategy HV Fund	Systematic Trend	83	11.68%	—	Jul 2013	AHLPX vs QMHIX
GHQPX	American Beacon Garcia Hamilton Quality Bond Fund	Intermediate Core Bond	4	-2.04%	—	Apr 2016	AHLPX vs GHQPX
STMGX	American Beacon Stephens Mid-Cap Growth Fund	Mid Cap Growth Equities	23	11.85%	—	Feb 2006	AHLPX vs STMGX
STSGX	American Beacon Stephens Small Cap Growth Fund	Small Cap Growth Equities	32	13.69%	—	Dec 2005	AHLPX vs STSGX

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