Calamos Aksia Alternative Credit and Income Fund Class I (CAPIX) belongs to the Bank Loan category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CAPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CAPIX
CAPIX charges 1.25% annually. There are 50 mutual funds in the Bank Loan category with lower expense ratios, going as low as 0.41%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | 0.41% | — | Jan 2017 | CAPIX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | CAPIX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | CAPIX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | CAPIX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | CAPIX vs LFRIX |
Best Risk-Adjusted Alternatives to CAPIX
CAPIX has a PortfoliosLab risk / return rank of 99. There is 1 mutual fund in the Bank Loan category with a higher risk-adjusted rank, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | 100 | — | Sep 2016 | CAPIX vs RCRIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | CAPIX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | CAPIX vs SAMBX | |
| PGIM Floating Rate Income Fund | 96 | — | Mar 2011 | CAPIX vs FRFZX | |
| Delaware Floating Rate Fund | 95 | — | Feb 2010 | CAPIX vs DDFLX |
Top Performing CAPIX Alternatives (YTD)
CAPIX is at 2.87% YTD. There are 4 mutual funds in the Bank Loan category with higher YTD returns, going as high as 3.74%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Floating Rate Fund | 3.74% | — | Dec 2009 | CAPIX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 3.54% | — | Jan 2017 | CAPIX vs XPTFX | |
| Virtus Seix Floating Rate High Income Fund | 3.03% | — | Feb 2006 | CAPIX vs SAMBX | |
| Credit Suisse Floating Rate High Income Fund | 3.03% | — | Mar 1999 | CAPIX vs CHIAX | |
| PGIM Floating Rate Income Fund | 2.82% | — | Mar 2011 | CAPIX vs FRFZX |
Lowest Volatility Alternatives to CAPIX
CAPIX has 1.70% 1-year volatility. There are 6 mutual funds in the Bank Loan category with lower 1-year volatility, going as low as 0.76%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | 0.76% | — | Sep 2016 | CAPIX vs RCRIX | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | CAPIX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | CAPIX vs DFLYX | |
| Donoghue Forlines Risk Managed Income Fund | 1.67% | — | Dec 2017 | CAPIX vs FLOTX | |
| Dunham Floating Rate Bond Fund | 1.67% | — | Oct 2013 | CAPIX vs DAFRX |
Lowest Drawdown Alternatives to CAPIX
CAPIX has a 1-year max drawdown of -0.94%. There are 6 mutual funds in the Bank Loan category with shallower 1-year drawdowns, going as shallow as -0.19%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | -0.19% | — | Sep 2016 | CAPIX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | CAPIX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | CAPIX vs FRFZX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | CAPIX vs PSFIX | |
| Calvert Floating-Rate Advantage Fund | -0.88% | — | Oct 2017 | CAPIX vs CFOIX |
Other Mutual Funds from Calamos
The 10 most viewed Calamos mutual funds shown here include CMNIX, CSQ, CTSIX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Calamos Market Neutral Income Fund Institutional C... | 98 | 3.41% | — | May 2000 | CAPIX vs CMNIX | ||
| Calamos Strategic Total Return Fund | Diversified Portfolio | 33 | 10.52% | — | Mar 2004 | CAPIX vs CSQ | |
| Calamos Timpani Small Cap Growth Fund | Small Cap Growth Equities | 75 | 30.81% | — | Mar 2011 | CAPIX vs CTSIX | |
| Calamos Convertible Opportunities and Income Fund | Convertible Bonds | 86 | 31.70% | — | Jun 1997 | CAPIX vs CHI | |
| Calamos Phineus Long/Short Fund | Long-Short | 3 | 1.90% | — | Apr 2016 | CAPIX vs CPLIX | |
| Calamos Growth and Income Fund | Diversified Portfolio | 62 | 11.50% | — | Sep 1988 | CAPIX vs CVTRX | |
| Calamos Hedged Equity Fund | Options Trading | 74 | 6.41% | — | Dec 2014 | CAPIX vs CIHEX | |
| Calamos Global Equity Fund | Global Equities | 33 | 17.02% | — | Feb 2007 | CAPIX vs CIGEX | |
| Calamos Convertible and High Income Closed Fund | Convertible Bonds | 86 | 26.02% | — | May 2003 | CAPIX vs CHY | |
| Calamos High Income Opportunities Fund | High Yield Bonds | 90 | 2.41% | — | Aug 1999 | CAPIX vs CHYDX |
Often Compared With CAPIX
Investors most often compare CAPIX with ARTUX, FLYRX, HFHIX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare CAPIX with Any Fund or Stock
Compare CAPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CAPIX with funds that move differently
Calamos Aksia Alternative Credit and Income Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CAPIX.
Explore CAPIX Diversifiers