abrdn Global Absolute Return Strategies Fund (CGFIX) belongs to the Macro Trading category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CGFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CGFIX
CGFIX charges 0.78% annually. No mutual funds in the Macro Trading category have lower expense ratios; the lowest-cost alternatives shown here go as low as 1.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fulcrum Diversified Absolute Return Fund | 1.04% | — | Jul 2015 | CGFIX vs FARYX | |
| MFS Global Alternative Strategy Fund | 1.05% | — | Dec 2007 | CGFIX vs DVRIX | |
| BlackRock Tactical Opportunities Fund | 1.08% | — | Dec 1988 | CGFIX vs PCBAX | |
| AQR Macro Opportunities Fund | 1.20% | — | Apr 2014 | CGFIX vs QGMIX | |
| Quantified Alternative Investment Fund | 1.33% | — | Aug 2013 | CGFIX vs QALTX |
Best Risk-Adjusted Alternatives to CGFIX
CGFIX has a PortfoliosLab risk / return rank of 43. There are 7 mutual funds in the Macro Trading category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 98 | — | Dec 2012 | CGFIX vs EGRAX | |
| Catalyst/Millburn Hedge Strategy Fund | 91 | — | Dec 2015 | CGFIX vs MBXAX | |
| BlackRock Tactical Opportunities Fund | 81 | — | Dec 1988 | CGFIX vs PCBAX | |
| Standpoint Multi-Asset Fund Investor Class | 80 | — | Dec 2019 | CGFIX vs REMIX | |
| Rational/ReSolve Adaptive Asset Allocation Fund | 80 | — | Sep 2016 | CGFIX vs RDMIX |
Top Performing CGFIX Alternatives (YTD)
CGFIX is at 1.42% YTD. There are 14 mutual funds in the Macro Trading category with higher YTD returns, going as high as 14.38%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Catalyst/Millburn Hedge Strategy Fund | 14.38% | — | Dec 2015 | CGFIX vs MBXAX | |
| Standpoint Multi-Asset Fund Investor Class | 13.09% | — | Dec 2019 | CGFIX vs REMIX | |
| Rational/ReSolve Adaptive Asset Allocation Fund | 12.42% | — | Sep 2016 | CGFIX vs RDMIX | |
| BlackRock Tactical Opportunities Fund | 9.99% | — | Dec 1988 | CGFIX vs PCBAX | |
| JHancock Diversified Macro Fund | 9.74% | — | Jul 2019 | CGFIX vs JDJIX |
Lowest Volatility Alternatives to CGFIX
CGFIX has 3.09% 1-year volatility. No mutual funds in the Macro Trading category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 3.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 3.57% | — | Dec 2012 | CGFIX vs EGRAX | |
| MFS Global Alternative Strategy Fund | 3.72% | — | Dec 2007 | CGFIX vs DVRIX | |
| OnTrack Core Fund | 4.13% | — | Jan 2013 | CGFIX vs OTRFX | |
| Dunham Dynamic Macro Fund | 4.29% | — | Apr 2010 | CGFIX vs DNAVX | |
| BlackRock Tactical Opportunities Fund | 5.71% | — | Dec 1988 | CGFIX vs PCBAX |
Lowest Drawdown Alternatives to CGFIX
CGFIX has a 1-year max drawdown of -2.78%. No mutual funds in the Macro Trading category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -3.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| OnTrack Core Fund | -3.02% | — | Jan 2013 | CGFIX vs OTRFX | |
| BlackRock Tactical Opportunities Fund | -3.04% | — | Dec 1988 | CGFIX vs PCBAX | |
| MFS Global Alternative Strategy Fund | -3.08% | — | Dec 2007 | CGFIX vs DVRIX | |
| Eaton Vance Global Macro Absolute Return Advantage... | -3.35% | — | Dec 2012 | CGFIX vs EGRAX | |
| Dunham Dynamic Macro Fund | -3.83% | — | Apr 2010 | CGFIX vs DNAVX |
Other Mutual Funds from Aberdeen
The 10 most viewed Aberdeen mutual funds shown here include ASGI, STK, THQ and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Abrdn Global Infrastructure Income Fund | Industrials Equities | 37 | 11.28% | — | Jul 2020 | CGFIX vs ASGI | |
| Columbia Seligman Premium Technology Growth Closed... | Technology Equities | 91 | 40.12% | — | Nov 2009 | CGFIX vs STK | |
| Abrdn Healthcare Opportunities Fund | Health & Biotech Equities | 19 | 3.92% | — | Jul 2014 | CGFIX vs THQ | |
| abrdn Ultra Short Municipal Income Fund | Municipal Bonds | 99 | 1.23% | — | Dec 2002 | CGFIX vs ATOIX | |
| abrdn Realty Income & Growth Fund | REIT | 69 | 18.79% | — | Dec 1998 | CGFIX vs AIGYX | |
| abrdn Asia-Pacific Income Fund Inc | Emerging Markets Bonds | 5 | 1.14% | — | Jan 1990 | CGFIX vs FAX | |
| abrdn Emerging Markets ex-China Fund | Emerging Markets Diversified | 89 | 38.06% | — | Aug 2000 | CGFIX vs GLLSX | |
| abrdn World Healthcare Fund | Health & Biotech Equities | 85 | 10.76% | — | Jun 2015 | CGFIX vs THW | |
| abrdn Dynamic Dividend Fund | Global Equities | 68 | 11.10% | — | Sep 2003 | CGFIX vs ADVDX | |
| abrdn U.S. Sustainable Leaders Fund | Large Cap Growth Equities | 11 | 4.85% | — | Jun 2000 | CGFIX vs GXXIX |
Often Compared With CGFIX
Investors most often compare CGFIX with BAR, VOO, AIFRX. These 13 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare CGFIX with Any Fund or Stock
Compare CGFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CGFIX with funds that move differently
abrdn Global Absolute Return Strategies Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CGFIX.
Explore CGFIX Diversifiers