Dunham Dynamic Macro Fund (DNAVX) 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 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 10 mutual funds in the Macro Trading category with lower expense ratios, going as low as 0.78%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Global Absolute Return Strategies Fund | 0.78% | — | Oct 1990 | DNAVX vs CGFIX | |
| Fulcrum Diversified Absolute Return Fund | 1.04% | — | Jul 2015 | DNAVX vs FARYX | |
| MFS Global Alternative Strategy Fund | 1.05% | — | Dec 2007 | DNAVX vs DVRIX | |
| BlackRock Tactical Opportunities Fund | 1.08% | — | Dec 1988 | DNAVX vs PCBAX | |
| AQR Macro Opportunities Fund | 1.20% | — | Apr 2014 | DNAVX vs QGMIX |
Best Risk-Adjusted Alternatives to DNAVX
DNAVX has a PortfoliosLab risk / return rank of 7. There are 15 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 | DNAVX vs EGRAX | |
| Catalyst/Millburn Hedge Strategy Fund | 93 | — | Dec 2015 | DNAVX vs MBXAX | |
| OnTrack Core Fund | 80 | — | Jan 2013 | DNAVX vs OTRFX | |
| BlackRock Tactical Opportunities Fund | 77 | — | Dec 1988 | DNAVX vs PCBAX | |
| Standpoint Multi-Asset Fund Investor Class | 73 | — | Dec 2019 | DNAVX vs REMIX |
Top Performing DNAVX Alternatives (YTD)
DNAVX is at 0.89% YTD. There are 14 mutual funds in the Macro Trading category with higher YTD returns, going as high as 15.08%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Catalyst/Millburn Hedge Strategy Fund | 15.08% | — | Dec 2015 | DNAVX vs MBXAX | |
| Rational/ReSolve Adaptive Asset Allocation Fund | 11.86% | — | Sep 2016 | DNAVX vs RDMIX | |
| Standpoint Multi-Asset Fund Investor Class | 10.85% | — | Dec 2019 | DNAVX vs REMIX | |
| JHancock Diversified Macro Fund | 9.37% | — | Jul 2019 | DNAVX vs JDJIX | |
| BlackRock Tactical Opportunities Fund | 9.15% | — | Dec 1988 | DNAVX vs PCBAX |
Lowest Volatility Alternatives to DNAVX
DNAVX has 4.16% 1-year volatility. There are 3 mutual funds in the Macro Trading category with lower 1-year volatility, going as low as 3.09%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Global Absolute Return Strategies Fund | 3.09% | — | Oct 1990 | DNAVX vs CGFIX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 3.60% | — | Dec 2012 | DNAVX vs EGRAX | |
| MFS Global Alternative Strategy Fund | 3.72% | — | Dec 2007 | DNAVX vs DVRIX | |
| OnTrack Core Fund | 4.16% | — | Jan 2013 | DNAVX vs OTRFX | |
| BlackRock Tactical Opportunities Fund | 5.73% | — | Dec 1988 | DNAVX vs PCBAX |
Lowest Drawdown Alternatives to DNAVX
DNAVX has a 1-year max drawdown of -3.24%. There are 4 mutual funds in the Macro Trading category with shallower 1-year drawdowns, going as shallow as -2.78%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Global Absolute Return Strategies Fund | -2.78% | — | Oct 1990 | DNAVX vs CGFIX | |
| OnTrack Core Fund | -3.02% | — | Jan 2013 | DNAVX vs OTRFX | |
| BlackRock Tactical Opportunities Fund | -3.04% | — | Dec 1988 | DNAVX vs PCBAX | |
| MFS Global Alternative Strategy Fund | -3.08% | — | Dec 2007 | DNAVX vs DVRIX | |
| Eaton Vance Global Macro Absolute Return Advantage... | -3.35% | — | Dec 2012 | DNAVX vs EGRAX |
Other Mutual Funds from Dunham
The 10 most viewed Dunham mutual funds shown here include DCINX, DAIOX, DCDGX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Dunham International Stock Fund | Foreign Large Cap Equities | 87 | 22.83% | — | Dec 2004 | DNAVX vs DCINX | |
| Dunham International Opportunity Bond Fund | Global Bonds | 60 | 3.14% | — | Oct 2013 | DNAVX vs DAIOX | |
| Dunham Small Cap Growth Fund | Small Cap Growth Equities | 53 | 20.87% | — | Dec 2004 | DNAVX vs DCDGX | |
| Dunham Real Estate Stock Fund | REIT | 9 | 12.41% | — | Dec 2004 | DNAVX vs DCREX | |
| Dunham Large Cap Value Fund | Large Cap Value Equities | 71 | 9.74% | — | Dec 2004 | DNAVX vs DCLVX | |
| Dunham Small Cap Value Fund | Small Cap Value Equities | 77 | 20.67% | — | Dec 2004 | DNAVX vs DCSVX | |
| Dunham Monthly Distribution Fund | Event Driven | 97 | 2.04% | — | Jul 2008 | DNAVX vs DAMDX | |
| Dunham Focused Large Cap Growth Fund | Large Cap Growth Equities | 3 | -2.02% | — | Dec 2011 | DNAVX vs DAFGX | |
| Dunham Emerging Markets Stock Fund | Emerging Markets Diversified | 71 | 27.94% | — | Dec 2004 | DNAVX vs DCEMX | |
| Dunham High Yield Bond Fund | High Yield Bonds | 68 | 1.32% | — | Jul 2005 | DNAVX vs DCHYX |
Often Compared With DNAVX
Investors most often compare DNAVX with GPAIX, EBSIX, QALTX. These 6 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Grant Park Multi Alternative Strategies Fund | Macro Trading | 41 | 4.21% | — | Dec 2013 | DNAVX vs GPAIX | |
| Campbell Systematic Macro Fund Class I Shares | Macro Trading | 13 | 8.33% | — | Mar 2013 | DNAVX vs EBSIX | |
| Quantified Alternative Investment Fund | Macro Trading | 59 | 4.82% | — | Aug 2013 | DNAVX vs QALTX | |
| Dynamic Alpha Macro Fund Institutional | Macro Trading | 23 | 3.29% | — | Jul 2023 | DNAVX vs DYMIX | |
| Campbell Systematic Macro Fund Class A Shares | Macro Trading | 13 | 8.23% | — | Mar 2013 | DNAVX vs EBSAX | |
| Dunham Corporate/Government Bond Fund | Intermediate Core-Plus Bond | 20 | 0.20% | — | Dec 2004 | DNAVX vs DCCGX |
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