Lord Abbett Alpha Strategy Fund (ALFAX) belongs to the Small Cap Growth Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ALFAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ALFAX
ALFAX charges 1.40% annually. There are 140 mutual funds in the Small Cap Growth Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Small Cap Growth Index Fund | 0.05% | — | Jul 2019 | ALFAX vs FECGX | |
| Vanguard Small-Cap Growth Index Fund Institutional... | 0.06% | 47.00B | May 2000 | ALFAX vs VSGIX | |
| Vanguard Small-Cap Growth Index Fund Admiral Share... | 0.07% | 47.00B | Sep 2011 | ALFAX vs VSGAX | |
| Vanguard Russell 2000 Growth Index Fund Institutio... | 0.08% | — | May 2011 | ALFAX vs VRTGX | |
| Vanguard Small Cap Growth Index Fund | 0.19% | — | May 1998 | ALFAX vs VISGX |
Best Risk-Adjusted Alternatives to ALFAX
ALFAX has a PortfoliosLab risk / return rank of 47. There are 51 mutual funds in the Small Cap Growth Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Dana Epiphany ESG Small Cap Equity Fund | 91 | — | Nov 2015 | ALFAX vs DSCIX | |
| Needham Small Cap Growth Fund Institutional | 83 | — | Dec 2016 | ALFAX vs NESIX | |
| Needham Small Cap Growth Fund | 82 | — | May 2002 | ALFAX vs NESGX | |
| North Square Spectrum Alpha Fund | 79 | — | Jan 1994 | ALFAX vs ORIGX | |
| Driehaus Micro Cap Growth Fund | 77 | — | Nov 2013 | ALFAX vs DMCRX |
Top Performing ALFAX Alternatives (YTD)
ALFAX is at 16.08% YTD. There are 62 mutual funds in the Small Cap Growth Equities category with higher YTD returns, going as high as 56.00%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Needham Small Cap Growth Fund Institutional | 56.00% | — | Dec 2016 | ALFAX vs NESIX | |
| Needham Small Cap Growth Fund | 55.46% | — | May 2002 | ALFAX vs NESGX | |
| Oberweis Micro Cap Fund | 35.75% | — | Dec 1995 | ALFAX vs OBMCX | |
| Needham Aggressive Growth Fund Institutional Class | 33.50% | — | Dec 2016 | ALFAX vs NEAIX | |
| Needham Aggressive Growth Fund Retail Class | 33.20% | — | Sep 2001 | ALFAX vs NEAGX |
Lowest Volatility Alternatives to ALFAX
ALFAX has 18.48% 1-year volatility. There are 34 mutual funds in the Small Cap Growth Equities category with lower 1-year volatility, going as low as 14.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Empiric Fund | 14.57% | — | Nov 1995 | ALFAX vs EMCAX | |
| Calvert Small/Mid-Cap Fund Class I | 15.38% | — | Jul 2011 | ALFAX vs CMCIX | |
| Neuberger Berman Genesis Fund | 16.31% | — | Sep 1988 | ALFAX vs NBGNX | |
| Neuberger Berman Genesis Fund Institutional Class | 16.31% | — | Jul 1999 | ALFAX vs NBGIX | |
| Eaton Vance Small-Cap Fund | 16.33% | — | Jan 1997 | ALFAX vs ETEGX |
Lowest Drawdown Alternatives to ALFAX
ALFAX has a 1-year max drawdown of -10.31%. There are 14 mutual funds in the Small Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -7.08%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dana Epiphany ESG Small Cap Equity Fund | -7.08% | — | Nov 2015 | ALFAX vs DSCIX | |
| Rydex S&P SmallCap 600 Pure Growth Fund | -8.49% | — | Feb 2004 | ALFAX vs RYWCX | |
| WesMark Small Company Fund | -8.50% | — | Dec 1993 | ALFAX vs WMKSX | |
| Empiric Fund | -8.60% | — | Nov 1995 | ALFAX vs EMCAX | |
| ProFunds Small Cap Growth Fund | -9.15% | — | Sep 2001 | ALFAX vs SGPIX |
Other Mutual Funds from Lord Abbett
The 10 most viewed Lord Abbett mutual funds shown here include LLDYX, LALDX, LSYAX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Lord Abbett Short Duration Income Fund | Total Bond Market | 74 | 0.67% | — | Oct 2004 | ALFAX vs LLDYX | |
| Lord Abbett Short Duration Income Fund | Short-Term Bond | 70 | 0.83% | — | Nov 1993 | ALFAX vs LALDX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 60 | 1.63% | — | May 2020 | ALFAX vs LSYAX | |
| Lord Abbett Affiliated Fund | Large Cap Value Equities | 79 | 12.28% | — | Jan 1950 | ALFAX vs LAFFX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 64 | 1.72% | — | Apr 2020 | ALFAX vs LSYIX | |
| Lord Abbett Growth Leaders Fund | Large Cap Growth Equities | 7 | 2.84% | — | Jun 2011 | ALFAX vs LGLIX | |
| Lord Abbett Bond Debenture Fund | Multisector Bonds | 27 | 0.03% | — | Mar 1971 | ALFAX vs LBNDX | |
| Lord Abbett High Yield Fund | High Yield Bonds | 37 | 0.67% | — | Dec 1998 | ALFAX vs LHYAX | |
| Lord Abbett Ultra Short Bond Fund | Ultrashort Bond | 99 | 1.69% | — | Oct 2016 | ALFAX vs LUBYX | |
| Lord Abbett Mid Cap Stock Fund | Mid Cap Value Equities | 66 | 12.51% | — | Jun 1983 | ALFAX vs LAVLX |
Often Compared With ALFAX
Investors most often compare ALFAX with QAI, VBITX, PTTRX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare ALFAX with Any Fund or Stock
Compare ALFAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ALFAX with funds that move differently
Lord Abbett Alpha Strategy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ALFAX.
Explore ALFAX Diversifiers