American Beacon AHL TargetRisk Fund (AHTPX) 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 AHTPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AHTPX
AHTPX charges 1.41% annually. There are 43 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 Balanced Strategy Portfolio | 0.19% | — | Jan 1998 | AHTPX vs GIPIX | |
| Goldman Sachs Growth and Income Strategy Portfolio | 0.19% | — | Jan 1998 | AHTPX vs GOIIX | |
| PIMCO All Asset All Authority Fund | 0.21% | — | Oct 2003 | AHTPX vs PAUIX | |
| Columbia Thermostat Fund | 0.24% | — | Sep 2002 | AHTPX vs COTZX | |
| GuidePath Flexible Income Allocation Fund | 0.50% | — | Aug 2012 | AHTPX vs GPIFX |
Best Risk-Adjusted Alternatives to AHTPX
AHTPX has a PortfoliosLab risk / return rank of 63. There are 25 mutual funds in the Tactical Allocation category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Astor Dynamic Allocation Fund | 93 | — | Oct 2009 | AHTPX vs ASTIX | |
| Hussman Strategic Total Return Fund | 92 | — | Sep 2002 | AHTPX vs HSTRX | |
| Donoghue Forlines Momentum Fund | 92 | — | Dec 2016 | AHTPX vs MOJOX | |
| Donoghue Forlines Tactical Allocation Fund | 91 | — | Apr 2018 | AHTPX vs GTAIX | |
| AQR Diversifying Strategies Fund Class N | 91 | — | Jun 2020 | AHTPX vs QDSNX |
Top Performing AHTPX Alternatives (YTD)
AHTPX is at 7.02% YTD. There are 48 mutual funds in the Tactical Allocation category with higher YTD returns, going as high as 50.00%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quantified Evolution Plus Fund | 50.00% | — | Sep 2019 | AHTPX vs QEVOX | |
| Donoghue Forlines Momentum Fund | 40.75% | — | Dec 2016 | AHTPX vs MOJOX | |
| Teberg Fund | 27.65% | — | Mar 2002 | AHTPX vs TEBRX | |
| Quantified STF Fund | 25.79% | — | Nov 2015 | AHTPX vs QSTFX | |
| Potomac Defensive Bull Fund | 22.18% | — | Jun 2020 | AHTPX vs CRDBX |
Lowest Volatility Alternatives to AHTPX
AHTPX has 9.65% 1-year volatility. There are 37 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 | AHTPX vs GPIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 2.71% | — | Apr 2012 | AHTPX vs SIOAX | |
| Goldman Sachs TacticalTiltOverlayFund | 2.82% | — | Jul 2014 | AHTPX vs TTIFX | |
| Hussman Strategic Total Return Fund | 4.65% | — | Sep 2002 | AHTPX vs HSTRX | |
| Hundredfold Select Alternative Fund | 4.73% | — | Aug 2004 | AHTPX vs SFHYX |
Lowest Drawdown Alternatives to AHTPX
AHTPX has a 1-year max drawdown of -7.26%. There are 45 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 | AHTPX vs GPIFX | |
| Goldman Sachs TacticalTiltOverlayFund | -2.11% | — | Jul 2014 | AHTPX vs TTIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | -2.34% | — | Apr 2012 | AHTPX vs SIOAX | |
| Hussman Strategic Total Return Fund | -2.42% | — | Sep 2002 | AHTPX vs HSTRX | |
| Astor Dynamic Allocation Fund | -2.77% | — | Oct 2009 | AHTPX vs ASTIX |
Other Mutual Funds from American Beacon
The 10 most viewed American Beacon mutual funds shown here include AGEPX, AVFIX, AADEX and span 8 categories.
Often Compared With AHTPX
Investors most often compare AHTPX with AQRIX, MAFIX, QDSIX. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare AHTPX with Any Fund or Stock
Compare AHTPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AHTPX with funds that move differently
American Beacon AHL TargetRisk Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AHTPX.
Explore AHTPX Diversifiers