Dunham Dynamic Macro Fund (DNAVX) belongs to the Multistrategy category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with DNAVX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DNAVX
DNAVX charges 1.88% annually. There are 44 mutual funds in the Multistrategy category with lower expense ratios, going as low as 0.18%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aspiriant Defensive Allocation Fund | 0.18% | — | Dec 2015 | DNAVX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | — | Nov 2018 | DNAVX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | — | Feb 2018 | DNAVX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | — | May 2019 | DNAVX vs GAAVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.72% | — | Jan 2009 | DNAVX vs JAAAX |
Best Risk-Adjusted Alternatives to DNAVX
DNAVX has a PortfoliosLab risk / return rank of 6. There are 62 mutual funds in the Multistrategy category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Stone Ridge Reinsurance Risk Premium Interval Fund | 100 | — | Dec 2013 | DNAVX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | DNAVX vs ARBIX | |
| Strategic Advisers Alternatives Fund | 99 | — | Jul 2022 | DNAVX vs FSLTX | |
| Blackstone Alternative Multi-Strategy Fund | 99 | — | Jun 2014 | DNAVX vs BXMIX | |
| AQR Diversified Arbitrage Fund Class I | 99 | — | Jan 2009 | DNAVX vs ADAIX |
Top Performing DNAVX Alternatives (YTD)
DNAVX is at 0.62% YTD. There are 62 mutual funds in the Multistrategy category with higher YTD returns, going as high as 22.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Alternative Risk Premia R6 | 22.03% | — | Sep 2017 | DNAVX vs QRPRX | |
| AQR Alternative Risk Premia Fund - Class I | 21.98% | — | Sep 2017 | DNAVX vs QRPIX | |
| AQR Alternative Risk Premia Fund Class N | 21.77% | — | Sep 2017 | DNAVX vs QRPNX | |
| AQR Style Premia Alternative R6 | 16.76% | — | Sep 2014 | DNAVX vs QSPRX | |
| AQR Style Premia Alternative Fund - Class I | 16.65% | — | Oct 2013 | DNAVX vs QSPIX |
Lowest Volatility Alternatives to DNAVX
DNAVX has 4.46% 1-year volatility. There are 26 mutual funds in the Multistrategy category with lower 1-year volatility, going as low as 1.25%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.25% | — | Aug 2017 | DNAVX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class N | 1.48% | — | Jan 2009 | DNAVX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | 1.49% | — | Jan 2009 | DNAVX vs ADAIX | |
| Strategic Advisers Alternatives Fund | 2.26% | — | Jul 2022 | DNAVX vs FSLTX | |
| Morningstar Alternatives Fund | 2.29% | — | Nov 2018 | DNAVX vs MSTVX |
Lowest Drawdown Alternatives to DNAVX
DNAVX has a 1-year max drawdown of -4.26%. There are 38 mutual funds in the Multistrategy category with shallower 1-year drawdowns, going as shallow as -0.51%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | — | Aug 2017 | DNAVX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | — | Dec 2013 | DNAVX vs SRRIX | |
| AQR Diversified Arbitrage Fund Class N | -0.60% | — | Jan 2009 | DNAVX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | -0.60% | — | Jan 2009 | DNAVX vs ADAIX | |
| Strategic Advisers Alternatives Fund | -0.86% | — | Jul 2022 | DNAVX vs FSLTX |
Other Mutual Funds from Dunham
The 10 most viewed Dunham mutual funds shown here include DCINX, DCAIX, DAIOX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Dunham International Stock Fund | Foreign Large Cap Equities | 90 | 23.49% | — | Dec 2004 | DNAVX vs DCINX | |
| Dunham Long/Short Credit Fund | Nontraditional Bonds | 72 | 0.80% | — | Dec 2004 | DNAVX vs DCAIX | |
| Dunham International Opportunity Bond Fund | Global Bonds | 40 | 2.42% | — | Oct 2013 | DNAVX vs DAIOX | |
| Dunham Small Cap Growth Fund | Small Cap Growth Equities | 49 | 16.68% | — | Dec 2004 | DNAVX vs DCDGX | |
| Dunham Large Cap Value Fund | Large Cap Value Equities | 93 | 15.85% | — | Dec 2004 | DNAVX vs DCLVX | |
| Dunham Real Estate Stock Fund | REIT | 25 | 15.78% | — | Dec 2004 | DNAVX vs DCREX | |
| Dunham Monthly Distribution Fund | Event Driven | 89 | 1.40% | — | Jul 2008 | DNAVX vs DAMDX | |
| Dunham Small Cap Value Fund | Small Cap Value Equities | 91 | 24.22% | — | Dec 2004 | DNAVX vs DCSVX | |
| Dunham Emerging Markets Stock Fund | Emerging Markets Equities | 41 | 18.82% | — | Dec 2004 | DNAVX vs DCEMX | |
| Dunham Focused Large Cap Growth Fund | Large Cap Growth Equities | 3 | 2.66% | — | Dec 2011 | DNAVX vs DAFGX |
Often Compared With DNAVX
Investors most often compare DNAVX with OTRFX, FARYX, CGFIX. These 19 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare DNAVX with Any Fund or Stock
Compare DNAVX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DNAVX with funds that move differently
Dunham Dynamic Macro Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DNAVX.
Explore DNAVX Diversifiers