Calamos Hedged Equity Fund (CIHEX) belongs to the Options Trading category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CIHEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CIHEX
CIHEX charges 0.91% annually. There are 8 mutual funds in the Options Trading category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Volatility Risk Premium - Defensive Fun... | 0.47% | — | Feb 2017 | CIHEX vs EIVPX | |
| JPMorgan Hedged Equity 3 Fund | 0.60% | — | Feb 2021 | CIHEX vs JHQTX | |
| JPMorgan Hedged Equity 2 Fund Class I | 0.60% | — | Feb 2021 | CIHEX vs JHQDX | |
| Gateway Equity Call Premium Fund | 0.68% | — | Sep 2014 | CIHEX vs GCPYX | |
| Gateway Fund Class Y Shares | 0.70% | — | — | CIHEX vs GTEYX |
Best Risk-Adjusted Alternatives to CIHEX
CIHEX has a PortfoliosLab risk / return rank of 74. There are 10 mutual funds in the Options Trading category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | 100 | — | Nov 2016 | CIHEX vs PPFIX | |
| Glenmede Secured Options Portfolio | 92 | — | Jun 2010 | CIHEX vs GTSOX | |
| MAI Managed Volatility Fund | 92 | — | Sep 2010 | CIHEX vs MAIPX | |
| Parametric Volatility Risk Premium - Defensive Fun... | 89 | — | Feb 2017 | CIHEX vs EIVPX | |
| Easterly Hedged Equity Fund | 87 | — | Jul 2015 | CIHEX vs JDIEX |
Top Performing CIHEX Alternatives (YTD)
CIHEX is at 6.41% YTD. There are 12 mutual funds in the Options Trading category with higher YTD returns, going as high as 11.14%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | 11.14% | — | Jan 2007 | CIHEX vs QQQX | |
| AlphaCentric Premium Opportunity Fund | 9.49% | — | Sep 2016 | CIHEX vs HMXIX | |
| Easterly Hedged Equity Fund | 8.08% | — | Jul 2015 | CIHEX vs JDIEX | |
| Glenmede Secured Options Portfolio | 7.74% | — | Jun 2010 | CIHEX vs GTSOX | |
| Cboe Vest US Large Cap 10% Buffer Fund | 7.28% | — | Aug 2016 | CIHEX vs BUIGX |
Lowest Volatility Alternatives to CIHEX
CIHEX has 6.77% 1-year volatility. There are 10 mutual funds in the Options Trading category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | 0.86% | — | Nov 2016 | CIHEX vs PPFIX | |
| North SquareTrilogy Alternative Return Fund | 3.60% | — | Apr 2012 | CIHEX vs STTIX | |
| MAI Managed Volatility Fund | 4.84% | — | Sep 2010 | CIHEX vs MAIPX | |
| Beacon Planned Return Strategy Fund | 5.17% | — | Oct 2017 | CIHEX vs BPRLX | |
| Rational Tactical Return Fund | 5.21% | — | Apr 2007 | CIHEX vs HRSTX |
Lowest Drawdown Alternatives to CIHEX
CIHEX has a 1-year max drawdown of -4.68%. There are 9 mutual funds in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.25%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | -0.25% | — | Nov 2016 | CIHEX vs PPFIX | |
| North SquareTrilogy Alternative Return Fund | -2.86% | — | Apr 2012 | CIHEX vs STTIX | |
| Rational Tactical Return Fund | -3.09% | — | Apr 2007 | CIHEX vs HRSTX | |
| MAI Managed Volatility Fund | -3.10% | — | Sep 2010 | CIHEX vs MAIPX | |
| Easterly Hedged Equity Fund | -3.49% | — | Jul 2015 | CIHEX vs JDIEX |
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 | CIHEX vs CMNIX | ||
| Calamos Strategic Total Return Fund | Diversified Portfolio | 33 | 10.52% | — | Mar 2004 | CIHEX vs CSQ | |
| Calamos Timpani Small Cap Growth Fund | Small Cap Growth Equities | 75 | 30.81% | — | Mar 2011 | CIHEX vs CTSIX | |
| Calamos Convertible Opportunities and Income Fund | Convertible Bonds | 86 | 31.70% | — | Jun 1997 | CIHEX vs CHI | |
| Calamos Phineus Long/Short Fund | Long-Short | 3 | 1.90% | — | Apr 2016 | CIHEX vs CPLIX | |
| Calamos Growth and Income Fund | Diversified Portfolio | 62 | 11.50% | — | Sep 1988 | CIHEX vs CVTRX | |
| Calamos Global Equity Fund | Global Equities | 33 | 17.02% | — | Feb 2007 | CIHEX vs CIGEX | |
| Calamos Convertible and High Income Closed Fund | Convertible Bonds | 86 | 26.02% | — | May 2003 | CIHEX vs CHY | |
| Calamos High Income Opportunities Fund | High Yield Bonds | 90 | 2.41% | — | Aug 1999 | CIHEX vs CHYDX | |
| Calamos International Growth Fund | Foreign Large Cap Equities | 37 | 25.57% | — | Mar 2005 | CIHEX vs CIGIX |
Often Compared With CIHEX
Investors most often compare CIHEX with SPY, HELO, HNDRX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare CIHEX with Any Fund or Stock
Compare CIHEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CIHEX with funds that move differently
Calamos Hedged Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CIHEX.
Explore CIHEX Diversifiers