AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) belongs to the Systematic Trend category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ASFYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ASFYX
ASFYX charges 1.47% annually. There are 5 mutual funds in the Systematic Trend category with lower expense ratios, going as low as 1.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Managed Futures Strategy Fund | 1.25% | — | Jan 2010 | ASFYX vs AQMIX | |
| Credit Suisse Managed Futures Strategy Fund | 1.30% | — | Sep 2012 | ASFYX vs CSAIX | |
| Redwood Systematic Macro Trend ("SMarT") Fund | 1.30% | — | Nov 2017 | ASFYX vs RWSIX | |
| Goldman Sachs Managed Futures Strategy Fund | 1.33% | — | Feb 2012 | ASFYX vs GFIRX | |
| Altegris Futures Evolution Strategy Fund | 1.34% | — | Oct 2011 | ASFYX vs EVOIX |
Best Risk-Adjusted Alternatives to ASFYX
ASFYX has a PortfoliosLab risk / return rank of 56. There are 19 mutual funds in the Systematic Trend category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 95 | — | Jun 2014 | ASFYX vs LOTIX | |
| AQR Trend Total Return Fund | 93 | — | Dec 2021 | ASFYX vs QNZNX | |
| AQR Managed Futures Strategy Fund | 92 | — | Jan 2010 | ASFYX vs AQMIX | |
| AQR Managed Futures Strategy Fund Class N | 92 | — | Jan 2010 | ASFYX vs AQMNX | |
| American Beacon AHL Managed Futures Strategy Fund ... | 90 | — | Aug 2014 | ASFYX vs AHLIX |
Top Performing ASFYX Alternatives (YTD)
ASFYX is at 10.47% YTD. There are 12 mutual funds in the Systematic Trend category with higher YTD returns, going as high as 23.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 23.24% | — | Jun 2014 | ASFYX vs LOTIX | |
| AQR CVX Fusion Fund Class I | 14.86% | — | Jun 2025 | ASFYX vs QCFIX | |
| AQR CVX Fusion Fund Class R6 | 14.85% | — | Jun 2025 | ASFYX vs QCFRX | |
| AQR CVX Fusion Fund Class N | 14.61% | — | Jun 2025 | ASFYX vs QCFNX | |
| AQR Trend Total Return Fund | 14.10% | — | Dec 2021 | ASFYX vs QNZNX |
Lowest Volatility Alternatives to ASFYX
ASFYX has 12.45% 1-year volatility. There are 21 mutual funds in the Systematic Trend category with lower 1-year volatility, going as low as 5.67%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund | 5.67% | — | Mar 2011 | ASFYX vs LFMAX | |
| LoCorr Long/Short Commodity Strategies Fund | 5.94% | — | Dec 2011 | ASFYX vs LCSIX | |
| Abbey Capital Futures Strategy Fund Class A | 7.88% | — | Aug 2014 | ASFYX vs ABYAX | |
| Abbey Capital Futures Strategy Fund Class I | 7.89% | — | Jul 2014 | ASFYX vs ABYIX | |
| Goldman Sachs Managed Futures Strategy Fund Class ... | 8.26% | — | Feb 2012 | ASFYX vs GMSAX |
Lowest Drawdown Alternatives to ASFYX
ASFYX has a 1-year max drawdown of -7.42%. There are 18 mutual funds in the Systematic Trend category with shallower 1-year drawdowns, going as shallow as -2.53%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund | -2.53% | — | Mar 2011 | ASFYX vs LFMAX | |
| Abbey Capital Futures Strategy Fund Class I | -3.33% | — | Jul 2014 | ASFYX vs ABYIX | |
| Abbey Capital Futures Strategy Fund Class A | -3.36% | — | Aug 2014 | ASFYX vs ABYAX | |
| PIMCO TRENDS Managed Futures Strategy Fund Institu... | -4.63% | — | Jan 2014 | ASFYX vs PQTIX | |
| PIMCO TRENDS Managed Futures Strategy Fund | -4.66% | — | Dec 2013 | ASFYX vs PQTPX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories. AUM among these funds goes as high as $11B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 40 | 15.17% | — | Sep 2021 | ASFYX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 62 | 10.45% | — | Jul 1993 | ASFYX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.18% | — | Dec 2012 | ASFYX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 60 | 11.17% | — | May 2011 | ASFYX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 71 | 10.57% | — | Dec 1991 | ASFYX vs FASGX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 45 | 6.96% | — | Aug 2005 | ASFYX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 40 | 28.69% | — | Apr 2000 | ASFYX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 75 | 6.57% | — | Oct 2007 | ASFYX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 69 | 12.59% | — | Sep 1999 | ASFYX vs FAMRX | |
| Vanguard Tax-Managed Small-Cap Fund Admiral Shares | Small Cap Blend Equities | 71 | 21.34% | 10.70B | Mar 1999 | ASFYX vs VTMSX |
Often Compared With ASFYX
Investors most often compare ASFYX with DBMF, AMFAX, MFTNX. These 20 comparison targets span 17 categories, based on PortfoliosLab usage data.
Compare ASFYX with Any Fund or Stock
Compare ASFYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ASFYX with funds that move differently
AlphaSimplex Managed Futures Strategy Fund Class Y alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ASFYX.
Explore ASFYX Diversifiers