Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) belongs to the Derivative Income category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CLPAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CLPAX
CLPAX charges 1.74% annually. There are 25 mutual funds in the Derivative Income category with lower expense ratios, going as low as 0.44%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 0.44% | 236.88M | Feb 2016 | CLPAX vs PUTW | |
| USCF Gold Strategy Plus Income Fund | 0.45% | — | Nov 2021 | CLPAX vs USG | |
| JPMorgan Equity Premium Income Fund Class I | 0.63% | — | Aug 2018 | CLPAX vs JEPIX | |
| Shelton Equity Income Fund | 0.72% | — | Sep 1996 | CLPAX vs EQTIX | |
| Cullen Enhanced Equity Income Fund | 0.75% | — | Dec 2015 | CLPAX vs ENHNX |
Best Risk-Adjusted Alternatives to CLPAX
CLPAX has a PortfoliosLab risk / return rank of 44. There are 9 mutual funds in the Derivative Income category with higher risk-adjusted ranks, going as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Enhanced Large Cap Core Fund | 85 | — | Apr 2004 | CLPAX vs CII | |
| The Covered Bridge Fund | 82 | — | Sep 2013 | CLPAX vs TCBIX | |
| Invesco Income Advantage U.S. Fund | 71 | — | Mar 2006 | CLPAX vs SCAUX | |
| Virtus Equity & Convertible Income Fund | 70 | — | Feb 2007 | CLPAX vs NIE | |
| WisdomTree Equity Premium Income Fund | 55 | 236.88M | Feb 2016 | CLPAX vs PUTW |
Top Performing CLPAX Alternatives (YTD)
CLPAX is at 17.67% YTD. No mutual funds in the Derivative Income category have higher YTD returns; the top-performing alternatives shown here go as high as 11.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Enhanced Large Cap Core Fund | 11.56% | — | Apr 2004 | CLPAX vs CII | |
| BlackRock ESG Capital Allocation Term Trust | 11.23% | — | Sep 2021 | CLPAX vs ECAT | |
| The Covered Bridge Fund | 11.04% | — | Sep 2013 | CLPAX vs TCBIX | |
| Virtus Equity & Convertible Income Fund | 10.90% | — | Feb 2007 | CLPAX vs NIE | |
| BlackRock Enhanced Capital and Income Fund | 10.08% | — | Apr 2004 | CLPAX vs XCIIX |
Lowest Volatility Alternatives to CLPAX
CLPAX has 13.65% 1-year volatility. There are 18 mutual funds in the Derivative Income category with lower 1-year volatility, going as low as 8.34%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Crossmark Steward Covered Call Income Fund | 8.34% | — | Dec 2017 | CLPAX vs SCJIX | |
| JPMorgan Equity Premium Income Fund Class I | 8.54% | — | Aug 2018 | CLPAX vs JEPIX | |
| JPMorgan Equity Premium Income Fund Class A | 8.60% | — | Aug 2018 | CLPAX vs JEPAX | |
| The Covered Bridge Fund | 8.64% | — | Sep 2013 | CLPAX vs TCBIX | |
| WisdomTree Equity Premium Income Fund | 8.86% | 236.88M | Feb 2016 | CLPAX vs PUTW |
Lowest Drawdown Alternatives to CLPAX
CLPAX has a 1-year max drawdown of -12.87%. There are 19 mutual funds in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -4.07%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Madison Covered Call & Equity Income Fund | -4.07% | — | Oct 2009 | CLPAX vs MENYX | |
| The Covered Bridge Fund | -5.26% | — | Sep 2013 | CLPAX vs TCBIX | |
| Cullen Enhanced Equity Income Fund | -6.34% | — | Dec 2015 | CLPAX vs ENHNX | |
| Invesco Income Advantage U.S. Fund | -7.05% | — | Mar 2006 | CLPAX vs SCAUX | |
| Shelton Equity Income Fund | -7.10% | — | Sep 1996 | CLPAX vs EQTIX |
Other Mutual Funds from Catalyst Mutual Funds
The 10 most viewed Catalyst Mutual Funds mutual funds shown here include MBXIX, ATRFX, MBXAX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Catalyst/Millburn Hedge Strategy Fund Class I | Hedge Fund | 91 | 13.11% | — | Dec 1996 | CLPAX vs MBXIX | |
| Catalyst Systematic Alpha Class I | Multistrategy | 9 | 0.09% | — | Jul 2014 | CLPAX vs ATRFX | |
| Catalyst/Millburn Hedge Strategy Fund | Macro Trading | 90 | 12.96% | — | Dec 2015 | CLPAX vs MBXAX | |
| Catalyst/SMH Total Return Income Fund | Diversified Portfolio | 37 | 5.99% | — | May 2008 | CLPAX vs TRIFX | |
| Catalyst/SMH High Income Fund | High Yield Bonds | 85 | 3.38% | — | May 2008 | CLPAX vs HIIFX | |
| Catalyst/CIFC Floating Rate Income Fund | Bank Loan | 61 | 0.93% | — | Dec 2012 | CLPAX vs CFRIX | |
| Catalyst Insider Buying Fund | Large Cap Growth Equities | 11 | 16.57% | — | Jul 2011 | CLPAX vs INSAX | |
| Catalyst Energy Infrastructure Fund | Energy Equities | 14 | 30.50% | — | Dec 2014 | CLPAX vs MLXIX | |
| Catalyst/MAP Global Balanced Fund | Global Allocation | 54 | 6.01% | — | Jul 2011 | CLPAX vs TRXAX | |
| Catalyst Dynamic Alpha Fund | Large Cap Growth Equities | 50 | 25.92% | — | Dec 2011 | CLPAX vs CPEAX |
Often Compared With CLPAX
Investors most often compare CLPAX with ^IBEX, AIAI.L, QQQ. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare CLPAX with Any Fund or Stock
Compare CLPAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CLPAX with funds that move differently
Catalyst Nasdaq-100 Hedged Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CLPAX.
Explore CLPAX Diversifiers