ALPS/Red Rocks Global Opportunity Portfolio (AVPEX) belongs to the Global Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with AVPEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AVPEX
AVPEX charges 1.45% annually. There are 226 mutual funds in the Global Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Global Developed Equity Allocation Fund | 0.01% | — | Jun 2005 | AVPEX vs GWOAX | |
| GMO Global Equity Allocation Fund | 0.01% | — | Nov 1996 | AVPEX vs GMGEX | |
| State Street Global All Cap Equity ex-U.S. Index F... | 0.07% | — | Sep 2014 | AVPEX vs SSGLX | |
| USAA Cornerstone Equity Fund | 0.09% | — | Jun 2012 | AVPEX vs UCEQX | |
| Vanguard Total World Stock Index Fund Admiral Shar... | 0.09% | 95.30B | Feb 2019 | AVPEX vs VTWAX |
Best Risk-Adjusted Alternatives to AVPEX
AVPEX has a PortfoliosLab risk / return rank of 1. There are 245 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LSV Global Value Fund | 94 | — | Jun 2014 | AVPEX vs LVAGX | |
| MainStay Epoch Global Equity Yield Fund | 93 | — | Dec 2005 | AVPEX vs EPSYX | |
| John Hancock Global Shareholder Yield Fund | 92 | — | Feb 2007 | AVPEX vs JGYIX | |
| Wasatch Global Value Fund Investor Class Shares | 91 | — | Sep 1996 | AVPEX vs FMIEX | |
| Polaris Global Value Fund | 91 | — | May 1998 | AVPEX vs PGVFX |
Top Performing AVPEX Alternatives (YTD)
AVPEX is at -8.89% YTD. There are 245 mutual funds in the Global Equities category with higher YTD returns, going as high as 35.11%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Global Technology Fund I Class | 35.11% | — | Nov 2016 | AVPEX vs PGTIX | |
| Oberweis Global Opportunities Fund | 25.41% | — | Jan 1987 | AVPEX vs OBEGX | |
| LSV Global Value Fund | 23.91% | — | Jun 2014 | AVPEX vs LVAGX | |
| Ariel Global Fund | 23.00% | — | Dec 2011 | AVPEX vs AGLOX | |
| AMG Yacktman Global Fund Class N | 22.30% | — | — | AVPEX vs YFSNX |
Lowest Volatility Alternatives to AVPEX
AVPEX has 18.36% 1-year volatility. There are 203 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 6.99%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Global Minimum Volatility Fund Investor S... | 6.99% | 2.00B | Dec 2013 | AVPEX vs VMVFX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 7.00% | 2.00B | Dec 2013 | AVPEX vs VMNVX | |
| SEI Institutional Managed Trust Global Managed Vol... | 7.23% | — | Jul 2006 | AVPEX vs SVTAX | |
| MFS Global Total Return Fund Class I | 7.54% | — | Sep 1990 | AVPEX vs MFWIX | |
| SEI Institutional Investments Trust Global Managed... | 7.60% | — | Jan 2016 | AVPEX vs SGMAX |
Lowest Drawdown Alternatives to AVPEX
AVPEX has a 1-year max drawdown of -22.41%. There are 240 mutual funds in the Global Equities category with shallower 1-year drawdowns, going as shallow as -5.21%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | -5.21% | — | Jun 2019 | AVPEX vs RTXAX | |
| LSV Global Managed Volatility Fund | -5.76% | — | Jun 2014 | AVPEX vs LVAFX | |
| SEI Institutional Investments Trust Global Managed... | -5.88% | — | Jan 2016 | AVPEX vs SGMAX | |
| SEI Institutional Managed Trust Global Managed Vol... | -5.99% | — | Jul 2006 | AVPEX vs SVTAX | |
| Cohen & Steers Global Infrastructure Fund Class A | -5.99% | — | Aug 2017 | AVPEX vs CSUAX |
Other Mutual Funds from ALPS
The 8 most viewed ALPS mutual funds shown here include INDAX, RLIIX, JCRAX and span 8 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ALPS/Kotak India ESG Fund | India Equities, Asia Pacific Equities | 1 | -9.81% | 4.59M | Feb 2011 | AVPEX vs INDAX | |
| RiverFront Asset Allocation Growth & Income | Diversified Portfolio | 72 | 8.23% | — | Aug 2010 | AVPEX vs RLIIX | |
| ALPS/CoreCommodity Management CompleteCommoditiesS... | Commodities | 67 | 14.94% | 16.45M | Jun 2010 | AVPEX vs JCRAX | |
| ALPS/Red Rocks Global Opportunity Fund | Global Equities | 1 | -7.56% | 9.31M | Dec 2007 | AVPEX vs LPEFX | |
| ALPS/Smith Balanced Opportunity Fund | Diversified Portfolio | 78 | 9.24% | — | Sep 2020 | AVPEX vs ALIBX | |
| ALPS/Smith Total Return Bond Fund | Intermediate Core-Plus Bond | — | — | 3.25B | Jun 2018 | AVPEX vs SMTRX | |
| ALPS/Smith Short Duration Bond Fund | Short-Term Bond | 89 | 0.77% | 630.45M | Jun 2018 | AVPEX vs SMRSX | |
| ALPS/Smith Credit Opportunities Fund | Multisector Bonds | 41 | 1.17% | — | Sep 2020 | AVPEX vs SMCVX |
Often Compared With AVPEX
Investors most often compare AVPEX with CAEIX, FGIAX, PRAFX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare AVPEX with Any Fund or Stock
Compare AVPEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AVPEX with funds that move differently
ALPS/Red Rocks Global Opportunity Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AVPEX.
Explore AVPEX Diversifiers