Cavanal Hill Hedged Income Fund (APLIX) belongs to the Options Trading category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with APLIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to APLIX
APLIX charges 1.35% annually. There are 18 mutual funds in the Options Trading category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Volatility Risk Premium - Defensive Fun... | 0.47% | — | Feb 2017 | APLIX vs EIVPX | |
| JPMorgan Hedged Equity 2 Fund Class I | 0.60% | — | Feb 2021 | APLIX vs JHQDX | |
| JPMorgan Hedged Equity 3 Fund | 0.60% | — | Feb 2021 | APLIX vs JHQTX | |
| Gateway Equity Call Premium Fund | 0.68% | — | Sep 2014 | APLIX vs GCPYX | |
| Gateway Fund Class Y Shares | 0.70% | — | — | APLIX vs GTEYX |
Best Risk-Adjusted Alternatives to APLIX
APLIX has a PortfoliosLab risk / return rank of 43. There are 18 mutual funds in the Options Trading category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | 100 | — | Nov 2016 | APLIX vs PPFIX | |
| MAI Managed Volatility Fund | 92 | — | Sep 2010 | APLIX vs MAIPX | |
| Glenmede Secured Options Portfolio | 91 | — | Jun 2010 | APLIX vs GTSOX | |
| Parametric Volatility Risk Premium - Defensive Fun... | 88 | — | Feb 2017 | APLIX vs EIVPX | |
| Easterly Hedged Equity Fund | 87 | — | Jul 2015 | APLIX vs JDIEX |
Top Performing APLIX Alternatives (YTD)
APLIX is at 6.08% YTD. There are 9 mutual funds in the Options Trading category with higher YTD returns, going as high as 11.69%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | 11.69% | — | Jan 2007 | APLIX vs QQQX | |
| AlphaCentric Premium Opportunity Fund | 8.36% | — | Sep 2016 | APLIX vs HMXIX | |
| Easterly Hedged Equity Fund | 7.61% | — | Jul 2015 | APLIX vs JDIEX | |
| Glenmede Secured Options Portfolio | 7.52% | — | Jun 2010 | APLIX vs GTSOX | |
| Cboe Vest US Large Cap 10% Buffer Fund | 6.88% | — | Aug 2016 | APLIX vs BUIGX |
Lowest Volatility Alternatives to APLIX
APLIX has 10.24% 1-year volatility. There are 20 mutual funds in the Options Trading category with lower 1-year volatility, going as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | 0.88% | — | Nov 2016 | APLIX vs PPFIX | |
| North SquareTrilogy Alternative Return Fund | 3.60% | — | Apr 2012 | APLIX vs STTIX | |
| MAI Managed Volatility Fund | 4.85% | — | Sep 2010 | APLIX vs MAIPX | |
| Beacon Planned Return Strategy Fund | 5.19% | — | Oct 2017 | APLIX vs BPRLX | |
| Rational Tactical Return Fund | 5.25% | — | Apr 2007 | APLIX vs HRSTX |
Lowest Drawdown Alternatives to APLIX
APLIX has a 1-year max drawdown of -7.93%. There are 20 mutual funds in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.25%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | -0.25% | — | Nov 2016 | APLIX vs PPFIX | |
| North SquareTrilogy Alternative Return Fund | -2.86% | — | Apr 2012 | APLIX vs STTIX | |
| Rational Tactical Return Fund | -3.09% | — | Apr 2007 | APLIX vs HRSTX | |
| MAI Managed Volatility Fund | -3.10% | — | Sep 2010 | APLIX vs MAIPX | |
| Easterly Hedged Equity Fund | -3.49% | — | Jul 2015 | APLIX vs JDIEX |
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 | 19 | 1.00% | — | Dec 2017 | APLIX vs APUSX | |
| Cavanal Hill Bond Fund | Intermediate Core Bond | 20 | -0.33% | — | Sep 1990 | APLIX vs APBDX | |
| Cavanal Hill World Energy Fund | Energy Equities | 65 | 26.01% | — | Feb 2014 | APLIX vs APWEX | |
| Cavanal Hill Strategic Enhanced Yield Fund | Multisector Bonds | 31 | -0.14% | — | Dec 2017 | APLIX vs APENX | |
| Cavanal Hill Limited Duration Fund | Short-Term Bond | 31 | 0.49% | — | Oct 1994 | APLIX vs APSTX |
Often Compared With APLIX
Investors most often compare APLIX with SDAIX, CIHEX, IRONX. These 10 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Swan Defined Risk Growth Fund | Options Trading | 46 | 5.91% | — | Dec 2018 | APLIX vs SDAIX | |
| Calamos Hedged Equity Fund | Options Trading | 73 | 5.94% | — | Dec 2014 | APLIX vs CIHEX | |
| Ironclad Managed Risk Fund | Options Trading | 36 | 4.68% | — | Oct 2010 | APLIX vs IRONX | |
| IPS Strategic Capital Absolute Return Fund | Options Trading | 7 | -0.10% | — | Apr 2016 | APLIX vs IPSAX | |
| JPMorgan Hedged Equity Fund | Options Trading | 13 | -1.28% | — | Dec 2013 | APLIX vs JHQAX | |
| Gateway Fund | Options Trading | 69 | 4.78% | — | Dec 1977 | APLIX vs GATEX | |
| Swan Defined Risk Fund | Options Trading | 61 | 5.62% | — | Jul 2012 | APLIX vs SDRIX | |
| Catalyst Buffered Shield Fund | Options Trading | 82 | 4.87% | — | Apr 2015 | APLIX vs SHIIX | |
| Eaton Vance Tax-Managed Buy-Write Income Fund | Options Trading | 48 | 6.99% | — | Apr 2005 | APLIX vs ETB | |
| Horizon Defined Risk Fund | Options Trading | 77 | 5.68% | — | Dec 2017 | APLIX vs HNDRX |
Compare APLIX with Any Fund or Stock
Compare APLIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair APLIX with funds that move differently
Cavanal Hill Hedged Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to APLIX.
Explore APLIX Diversifiers