Arrow DWA Tactical: Balanced Fund (DWAFX) belongs to the Tactical Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with DWAFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DWAFX
DWAFX charges 1.84% annually. There are 63 mutual funds in the Tactical Allocation category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs Growth and Income Strategy Portfolio | 0.19% | — | Jan 1998 | DWAFX vs GOIIX | |
| Goldman Sachs Balanced Strategy Portfolio | 0.19% | — | Jan 1998 | DWAFX vs GIPIX | |
| PIMCO All Asset All Authority Fund | 0.21% | — | Oct 2003 | DWAFX vs PAUIX | |
| Columbia Thermostat Fund | 0.24% | — | Sep 2002 | DWAFX vs COTZX | |
| GuidePath Flexible Income Allocation Fund | 0.50% | — | Aug 2012 | DWAFX vs GPIFX |
Best Risk-Adjusted Alternatives to DWAFX
DWAFX has a PortfoliosLab risk / return rank of 56. There are 31 mutual funds in the Tactical Allocation category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Astor Dynamic Allocation Fund | 92 | — | Oct 2009 | DWAFX vs ASTIX | |
| Donoghue Forlines Tactical Allocation Fund | 91 | — | Apr 2018 | DWAFX vs GTAIX | |
| Potomac Defensive Bull Fund | 90 | — | Jun 2020 | DWAFX vs CRDBX | |
| Donoghue Forlines Momentum Fund | 89 | — | Dec 2016 | DWAFX vs MOJOX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 89 | — | Apr 2012 | DWAFX vs SIOAX |
Top Performing DWAFX Alternatives (YTD)
DWAFX is at 7.65% YTD. There are 29 mutual funds in the Tactical Allocation category with higher YTD returns, going as high as 45.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quantified Evolution Plus Fund | 45.27% | — | Sep 2019 | DWAFX vs QEVOX | |
| Donoghue Forlines Momentum Fund | 40.03% | — | Dec 2016 | DWAFX vs MOJOX | |
| Teberg Fund | 28.07% | — | Mar 2002 | DWAFX vs TEBRX | |
| Quantified STF Fund | 25.47% | — | Nov 2015 | DWAFX vs QSTFX | |
| Potomac Defensive Bull Fund | 17.02% | — | Jun 2020 | DWAFX vs CRDBX |
Lowest Volatility Alternatives to DWAFX
DWAFX has 12.35% 1-year volatility. There are 56 mutual funds in the Tactical Allocation category with lower 1-year volatility, going as low as 2.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | 2.50% | — | Aug 2012 | DWAFX vs GPIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 2.67% | — | Apr 2012 | DWAFX vs SIOAX | |
| Goldman Sachs TacticalTiltOverlayFund | 2.78% | — | Jul 2014 | DWAFX vs TTIFX | |
| Hundredfold Select Alternative Fund | 4.78% | — | Aug 2004 | DWAFX vs SFHYX | |
| Hundredfold Select Alternative Fund Investor Class | 4.79% | — | — | DWAFX vs HFSAX |
Lowest Drawdown Alternatives to DWAFX
DWAFX has a 1-year max drawdown of -6.89%. There are 37 mutual funds in the Tactical Allocation category with shallower 1-year drawdowns, going as shallow as -1.69%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | -1.69% | — | Aug 2012 | DWAFX vs GPIFX | |
| AQR Diversifying Strategies Fund Class N | -1.97% | — | Jun 2020 | DWAFX vs QDSNX | |
| Goldman Sachs TacticalTiltOverlayFund | -2.11% | — | Jul 2014 | DWAFX vs TTIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | -2.34% | — | Apr 2012 | DWAFX vs SIOAX | |
| Hussman Strategic Total Return Fund | -2.42% | — | Sep 2002 | DWAFX vs HSTRX |
Other Mutual Funds from Arrow Funds
The 2 most viewed Arrow Funds mutual funds shown here include MFTFX, DWTFX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Arrow Managed Futures Stragegy Fund | Systematic Trend | 70 | 10.13% | — | Apr 2010 | DWAFX vs MFTFX | |
| Arrow DWA Tactical: Macro Fund | Tactical Allocation | 29 | 7.29% | — | May 2008 | DWAFX vs DWTFX |
Often Compared With DWAFX
Investors most often compare DWAFX with FXAIX, FDFIX, ABRYX. These 11 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 52 | 8.21% | — | Feb 1988 | DWAFX vs FXAIX | |
| Fidelity Flex 500 Index Fund | Large Cap Blend Equities | 49 | 8.05% | — | Mar 2017 | DWAFX vs FDFIX | |
| Invesco Balanced-Risk Allocation Fund | Tactical Allocation | 86 | 16.41% | — | Jun 2009 | DWAFX vs ABRYX | |
| Invesco Balanced-Risk Allocation Fund Class A | Tactical Allocation | 86 | 16.30% | — | Jun 2009 | DWAFX vs ABRZX | |
| RESQ Dynamic Allocation Fund | Tactical Allocation | 87 | 6.56% | — | Dec 2013 | DWAFX vs RQEIX | |
| PIMCO Dynamic Income Strategy Fund | Tactical Allocation | 6 | 16.22% | — | Feb 2019 | DWAFX vs PDX | |
| BlackRock Tactical Opportunities Fund Institutiona... | Tactical Allocation | 81 | 9.30% | — | Jun 1993 | DWAFX vs PBAIX | |
| PIMCO All Asset Fund Class A | Tactical Allocation | 89 | 8.25% | — | Apr 2008 | DWAFX vs PASAX | |
| PIMCO All Asset Fund | Tactical Allocation | 88 | 8.43% | — | Nov 2002 | DWAFX vs PAAIX | |
| Upright Assets Allocation Plus Fund | Tactical Allocation | — | — | — | Oct 2017 | DWAFX vs UPAAX | |
| Quantified Market Leaders Fund | Tactical Allocation | 45 | 16.08% | — | Aug 2013 | DWAFX vs QMLFX |
Compare DWAFX with Any Fund or Stock
Compare DWAFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DWAFX with funds that move differently
Arrow DWA Tactical: Balanced Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DWAFX.
Explore DWAFX Diversifiers