Cavanal Hill Strategic Enhanced Yield Fund (APENX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with APENX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to APENX
APENX charges 1.01% annually. There are 62 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | APENX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | APENX vs VMSAX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | APENX vs BWDTX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | APENX vs JMSIX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | APENX vs MOFIX |
Best Risk-Adjusted Alternatives to APENX
APENX has a PortfoliosLab risk / return rank of 33. There are 64 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | APENX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | APENX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | APENX vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | APENX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 97 | — | Jan 2018 | APENX vs CBLDX |
Top Performing APENX Alternatives (YTD)
APENX is at 0.61% YTD. There are 64 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 4.02%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 4.02% | — | Jan 2011 | APENX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.03% | — | May 2016 | APENX vs LFLIX | |
| Eaton Vance Strategic Income Fund Class I | 2.49% | — | Jan 1998 | APENX vs ETSIX | |
| Eaton Vance Strategic Income Fund Class I | 2.48% | — | Apr 2009 | APENX vs ESIIX | |
| Nationwide Amundi Strategic Income Fund | 2.37% | — | Nov 2015 | APENX vs NWXHX |
Lowest Volatility Alternatives to APENX
APENX has 3.77% 1-year volatility. There are 60 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.19% | — | Nov 2015 | APENX vs NWXHX | |
| Nationwide Strategic Income A | 1.22% | — | Nov 2015 | APENX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.30% | — | Jul 2016 | APENX vs BWDTX | |
| Rational Special Situations Income Fund | 1.40% | — | Jul 2019 | APENX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 1.40% | — | Jan 2018 | APENX vs CBLDX |
Lowest Drawdown Alternatives to APENX
APENX has a 1-year max drawdown of -2.65%. There are 41 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | APENX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | APENX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | APENX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | APENX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | APENX vs BWDTX |
Other Mutual Funds from Cavanal Hill funds
The 5 most viewed Cavanal Hill funds mutual funds shown here include APUSX, APBDX, APWEX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Cavanal Hill Ultra Short Tax-Free Income Fund | Municipal Bonds | 99 | 0.81% | — | Dec 2017 | APENX vs APUSX | |
| Cavanal Hill Bond Fund | Intermediate Core Bond | 20 | 0.41% | — | Sep 1990 | APENX vs APBDX | |
| Cavanal Hill World Energy Fund | Energy Equities | 52 | 24.84% | — | Feb 2014 | APENX vs APWEX | |
| Cavanal Hill Hedged Income Fund | Options Trading | 50 | 5.63% | — | Dec 2020 | APENX vs APLIX | |
| Cavanal Hill Limited Duration Fund | Short-Term Bond | 30 | 0.63% | — | Oct 1994 | APENX vs APSTX |
Often Compared With APENX
Investors most often compare APENX with FDFIX, QQQ, AXSIX. These 13 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare APENX with Any Fund or Stock
Compare APENX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair APENX with funds that move differently
Cavanal Hill Strategic Enhanced Yield Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to APENX.
Explore APENX Diversifiers