Counterpoint Tactical Income Fund (CPITX) belongs to the Nontraditional Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CPITX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CPITX
CPITX charges 1.46% annually. There are 53 mutual funds in the Nontraditional Bonds category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | CPITX vs PMOTX | |
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | CPITX vs GMODX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | CPITX vs SUBFX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | CPITX vs FPFIX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | CPITX vs PUTIX |
Best Risk-Adjusted Alternatives to CPITX
CPITX has a PortfoliosLab risk / return rank of 22. There are 59 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 100 | — | Jul 2021 | CPITX vs CELFX | |
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | CPITX vs CBYYX | |
| PGIM Securitized Credit Fund | 100 | — | Jun 2019 | CPITX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | CPITX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | CPITX vs APFPX |
Top Performing CPITX Alternatives (YTD)
CPITX is at -0.70% YTD. There are 67 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 8.55%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 8.55% | — | Aug 2010 | CPITX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 5.66% | — | Apr 2015 | CPITX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 5.42% | — | Jun 2007 | CPITX vs EIGMX | |
| Artisan Global Unconstrained Fund | 5.11% | — | Mar 2022 | CPITX vs APFPX | |
| Cliffwater Enhanced Lending Fund | 4.56% | — | Jul 2021 | CPITX vs CELFX |
Lowest Volatility Alternatives to CPITX
CPITX has 2.55% 1-year volatility. There are 32 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 0.85% | — | Jul 2021 | CPITX vs CELFX | |
| Dunham Long/Short Credit Fund | 1.07% | — | Dec 2004 | CPITX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.20% | — | Jan 2023 | CPITX vs CBYYX | |
| BlackRock Global Long/Short Credit Fund | 1.36% | — | Sep 2011 | CPITX vs BGCIX | |
| GMO Opportunistic Income Fund | 1.43% | — | Oct 2011 | CPITX vs GMODX |
Lowest Drawdown Alternatives to CPITX
CPITX has a 1-year max drawdown of -1.99%. There are 31 mutual funds in the Nontraditional Bonds category with shallower 1-year drawdowns, going as shallow as -0.09%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.09% | — | Jan 2023 | CPITX vs CBYYX | |
| Cliffwater Enhanced Lending Fund | -0.18% | — | Jul 2021 | CPITX vs CELFX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | CPITX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.49% | — | Dec 2004 | CPITX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | CPITX vs GMODX |
Other Mutual Funds from Counterpoint Mutual Funds
The 2 most viewed Counterpoint Mutual Funds mutual funds shown here include CPIEX, TMNIX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Counterpoint Tactical Equity Fund | Long-Short | 35 | 7.85% | — | Nov 2015 | CPITX vs CPIEX | |
| Counterpoint Tactical Municipal Fund | High Yield Muni | 67 | 0.40% | — | Jun 2018 | CPITX vs TMNIX |
Often Compared With CPITX
Investors most often compare CPITX with RCTIX, THHYX, LLDYX. These 19 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare CPITX with Any Fund or Stock
Compare CPITX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CPITX with funds that move differently
Counterpoint Tactical Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CPITX.
Explore CPITX Diversifiers