Firsthand Alternative Energy Fund (ALTEX) belongs to the Technology Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ALTEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ALTEX
ALTEX charges 1.98% annually. There are 71 mutual funds in the Technology Equities category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Information Technology Index Fund Admiral... | 0.09% | 170.10B | Mar 2004 | ALTEX vs VITAX | |
| Vanguard Communication Services Index Fund Admiral... | 0.10% | 6.30B | Mar 2005 | ALTEX vs VTCAX | |
| Franklin DynaTech Fund Class R6 | 0.48% | — | Jun 2013 | ALTEX vs FDTRX | |
| Alger AI Enablers & Adopters Z | 0.55% | — | Apr 2024 | ALTEX vs AAIZX | |
| Fidelity Advisor Technology Fund Class Z | 0.59% | — | Oct 2018 | ALTEX vs FIKHX |
Best Risk-Adjusted Alternatives to ALTEX
ALTEX has a PortfoliosLab risk / return rank of 22. There are 60 mutual funds in the Technology Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ARK Venture Fund | 99 | — | Sep 2022 | ALTEX vs ARKVX | |
| Fidelity Select Tech Hardware Portfolio | 95 | — | Jul 1985 | ALTEX vs FDCPX | |
| Columbia Seligman Technology and Information Fund | 94 | — | Jun 1983 | ALTEX vs SLMCX | |
| Columbia Seligman Technology and Information Fund ... | 94 | — | Jun 1983 | ALTEX vs CCOYX | |
| Columbia Seligman Technology and Information Fund ... | 94 | — | Nov 2001 | ALTEX vs SCMIX |
Top Performing ALTEX Alternatives (YTD)
ALTEX is at 40.49% YTD. There are 13 mutual funds in the Technology Equities category with higher YTD returns, going as high as 70.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Rydex Electronics Fund | 70.62% | — | Mar 1998 | ALTEX vs RYSIX | |
| Fidelity Select Tech Hardware Portfolio | 67.66% | — | Jul 1985 | ALTEX vs FDCPX | |
| Fidelity Select Semiconductors Portfolio | 62.20% | — | Jul 1985 | ALTEX vs FSELX | |
| Fidelity Advisor Semiconductors Fund Class Z | 62.18% | — | Oct 2018 | ALTEX vs FIKGX | |
| Fidelity Advisor Semiconductors Fund Class I | 62.09% | — | Dec 2000 | ALTEX vs FELIX |
Lowest Volatility Alternatives to ALTEX
ALTEX has 42.87% 1-year volatility. There are 72 mutual funds in the Technology Equities category with lower 1-year volatility, going as low as 14.49%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Global Content & Connectivity Fund Class I | 14.49% | — | Nov 1993 | ALTEX vs GTTIX | |
| Towpath Technology Fund | 15.50% | — | Feb 2021 | ALTEX vs TOWTX | |
| Vanguard Communication Services Index Fund Admiral... | 16.17% | 6.30B | Mar 2005 | ALTEX vs VTCAX | |
| Saratoga Technology & Communications Portfolio | 17.89% | — | Oct 1997 | ALTEX vs STPAX | |
| Virtus Artificial Intelligence & Technology Opport... | 19.24% | — | Oct 2019 | ALTEX vs AIO |
Lowest Drawdown Alternatives to ALTEX
ALTEX has a 1-year max drawdown of -28.91%. There are 68 mutual funds in the Technology Equities category with shallower 1-year drawdowns, going as shallow as -8.14%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ARK Venture Fund | -8.14% | — | Sep 2022 | ALTEX vs ARKVX | |
| Gabelli Global Content & Connectivity Fund Class I | -9.08% | — | Nov 1993 | ALTEX vs GTTIX | |
| Nationwide NYSE Arca Tech 100 Index Fund | -10.18% | — | Jun 1996 | ALTEX vs NWJCX | |
| Black Oak Emerging Technology Fund | -11.04% | — | Dec 2000 | ALTEX vs BOGSX | |
| Virtus Artificial Intelligence & Technology Opport... | -11.42% | — | Oct 2019 | ALTEX vs AIO |
Other Mutual Funds from Firsthand Funds
The 1 most viewed Firsthand Funds mutual funds shown here include TEFQX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Firsthand Technology Opportunities Fund | Technology Equities | 3 | -1.22% | — | Sep 1999 | ALTEX vs TEFQX |
Often Compared With ALTEX
Investors most often compare ALTEX with FSPTX, WIREX, AAICX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare ALTEX with Any Fund or Stock
Compare ALTEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ALTEX with funds that move differently
Firsthand Alternative Energy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ALTEX.
Explore ALTEX Diversifiers