Anchor Risk Managed Equity Strategies Fund (ATESX) belongs to the Long-Short category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ATESX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ATESX
ATESX charges 2.10% annually. There are 45 mutual funds in the Long-Short category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | — | Jan 2021 | ATESX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | — | Jun 2014 | ATESX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | 12.26M | Jan 2026 | ATESX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | — | Nov 2009 | ATESX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | — | Dec 2012 | ATESX vs BTPIX |
Best Risk-Adjusted Alternatives to ATESX
ATESX has a PortfoliosLab risk / return rank of 10. There are 35 mutual funds in the Long-Short category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Boston Partners Long/Short Equity Fund | 97 | — | Nov 1998 | ATESX vs BPLEX | |
| Vanguard Market Neutral Fund Investor Shares | 96 | 561.90M | Nov 1998 | ATESX vs VMNFX | |
| Vanguard Market Neutral Fund Institutional Shares | 96 | — | Oct 1998 | ATESX vs VMNIX | |
| John Hancock Disciplined Value Global Long/Short F... | 90 | — | Apr 2014 | ATESX vs JAKVX | |
| Quantitative U.S. Long/Short Equity Portfolio | 90 | — | Sep 2006 | ATESX vs GTAPX |
Top Performing ATESX Alternatives (YTD)
ATESX is at 4.10% YTD. There are 28 mutual funds in the Long-Short category with higher YTD returns, going as high as 19.07%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Boston Partners Long/Short Equity Fund | 19.07% | — | Nov 1998 | ATESX vs BPLEX | |
| Guggenheim Alpha Opportunity Fund | 16.35% | — | Jul 2003 | ATESX vs SAOAX | |
| Vanguard Market Neutral Fund Investor Shares | 15.97% | 561.90M | Nov 1998 | ATESX vs VMNFX | |
| Vanguard Market Neutral Fund Institutional Shares | 15.97% | — | Oct 1998 | ATESX vs VMNIX | |
| Longboard Alternative Growth Fund | 13.08% | — | Mar 2015 | ATESX vs LONGX |
Lowest Volatility Alternatives to ATESX
ATESX has 12.09% 1-year volatility. There are 32 mutual funds in the Long-Short category with lower 1-year volatility, going as low as 5.30%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Neuberger Berman Long Short Fund | 5.30% | — | Dec 2011 | ATESX vs NLSIX | |
| AB Select US Long/Short Portfolio | 5.55% | — | Dec 2012 | ATESX vs ASILX | |
| MFS Managed Wealth Fund | 5.92% | — | Jun 2014 | ATESX vs MNWIX | |
| Wilmington Global Alpha Equities Fund | 6.24% | — | Jan 2012 | ATESX vs WRAIX | |
| Knights of Columbus Long/Short Equity Fund | 6.30% | — | Dec 2019 | ATESX vs KCEIX |
Lowest Drawdown Alternatives to ATESX
ATESX has a 1-year max drawdown of -8.92%. There are 31 mutual funds in the Long-Short category with shallower 1-year drawdowns, going as shallow as -2.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Knights of Columbus Long/Short Equity Fund | -2.82% | — | Dec 2019 | ATESX vs KCEIX | |
| Quantitative U.S. Long/Short Equity Portfolio | -3.01% | — | Sep 2006 | ATESX vs GTAPX | |
| AB Select US Long/Short Portfolio | -3.61% | — | Dec 2012 | ATESX vs ASILX | |
| Gotham Absolute Return Fund | -3.85% | — | Aug 2012 | ATESX vs GARIX | |
| Persimmon Long/Short Fund | -3.90% | — | Dec 2012 | ATESX vs LSEIX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| 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 | ATESX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 62 | 10.45% | — | Jul 1993 | ATESX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.18% | — | Dec 2012 | ATESX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 60 | 11.17% | — | May 2011 | ATESX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 71 | 10.57% | — | Dec 1991 | ATESX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 56 | 10.47% | — | Jul 2010 | ATESX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 45 | 6.96% | — | Aug 2005 | ATESX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 40 | 28.69% | — | Apr 2000 | ATESX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 75 | 6.57% | — | Oct 2007 | ATESX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 69 | 12.59% | — | Sep 1999 | ATESX vs FAMRX |
Often Compared With ATESX
Investors most often compare ATESX with KAMIX, QQQ, JEPIX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare ATESX with Any Fund or Stock
Compare ATESX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ATESX with funds that move differently
Anchor Risk Managed Equity Strategies Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ATESX.
Explore ATESX Diversifiers