Altegris Futures Evolution Strategy Fund (EVOIX) belongs to the Systematic Trend category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with EVOIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EVOIX
EVOIX charges 1.34% annually. There are 4 mutual funds in the Systematic Trend category with lower expense ratios, going as low as 1.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Managed Futures Strategy Fund | 1.25% | — | Jan 2010 | EVOIX vs AQMIX | |
| Credit Suisse Managed Futures Strategy Fund | 1.30% | — | Sep 2012 | EVOIX vs CSAIX | |
| Redwood Systematic Macro Trend ("SMarT") Fund | 1.30% | — | Nov 2017 | EVOIX vs RWSIX | |
| Goldman Sachs Managed Futures Strategy Fund | 1.33% | — | Feb 2012 | EVOIX vs GFIRX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 1.47% | — | Jul 2010 | EVOIX vs ASFYX |
Best Risk-Adjusted Alternatives to EVOIX
EVOIX has a PortfoliosLab risk / return rank of 78. There are 9 mutual funds in the Systematic Trend category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 94 | — | Jun 2014 | EVOIX vs LOTIX | |
| AQR Trend Total Return Fund | 93 | — | Dec 2021 | EVOIX vs QNZNX | |
| AQR Managed Futures Strategy Fund | 91 | — | Jan 2010 | EVOIX vs AQMIX | |
| AQR Managed Futures Strategy Fund Class N | 91 | — | Jan 2010 | EVOIX vs AQMNX | |
| American Beacon AHL Managed Futures Strategy Fund ... | 88 | — | Aug 2014 | EVOIX vs AHLIX |
Top Performing EVOIX Alternatives (YTD)
EVOIX is at 6.26% YTD. There are 18 mutual funds in the Systematic Trend category with higher YTD returns, going as high as 22.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 22.25% | — | Jun 2014 | EVOIX vs LOTIX | |
| AQR CVX Fusion Fund Class R6 | 15.48% | — | Jun 2025 | EVOIX vs QCFRX | |
| AQR CVX Fusion Fund Class I | 15.41% | — | Jun 2025 | EVOIX vs QCFIX | |
| AQR CVX Fusion Fund Class N | 15.24% | — | Jun 2025 | EVOIX vs QCFNX | |
| AQR Trend Total Return Fund | 14.04% | — | Dec 2021 | EVOIX vs QNZNX |
Lowest Volatility Alternatives to EVOIX
EVOIX has 10.22% 1-year volatility. There are 11 mutual funds in the Systematic Trend category with lower 1-year volatility, going as low as 5.70%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund | 5.70% | — | Mar 2011 | EVOIX vs LFMAX | |
| LoCorr Long/Short Commodity Strategies Fund | 5.94% | — | Dec 2011 | EVOIX vs LCSIX | |
| Abbey Capital Futures Strategy Fund Class A | 7.86% | — | Aug 2014 | EVOIX vs ABYAX | |
| Abbey Capital Futures Strategy Fund Class I | 7.87% | — | Jul 2014 | EVOIX vs ABYIX | |
| Goldman Sachs Managed Futures Strategy Fund Class ... | 8.18% | — | Feb 2012 | EVOIX vs GMSAX |
Lowest Drawdown Alternatives to EVOIX
EVOIX has a 1-year max drawdown of -5.38%. There are 14 mutual funds in the Systematic Trend category with shallower 1-year drawdowns, going as shallow as -2.53%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund | -2.53% | — | Mar 2011 | EVOIX vs LFMAX | |
| Abbey Capital Futures Strategy Fund Class I | -3.33% | — | Jul 2014 | EVOIX vs ABYIX | |
| Abbey Capital Futures Strategy Fund Class A | -3.36% | — | Aug 2014 | EVOIX vs ABYAX | |
| PIMCO TRENDS Managed Futures Strategy Fund Institu... | -4.63% | — | Jan 2014 | EVOIX vs PQTIX | |
| PIMCO TRENDS Managed Futures Strategy Fund Class A | -4.66% | — | Dec 2013 | EVOIX vs PQTAX |
Often Compared With EVOIX
Investors most often compare EVOIX with MAFIX, PQTPX, CSAAX. These 14 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare EVOIX with Any Fund or Stock
Compare EVOIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EVOIX with funds that move differently
Altegris Futures Evolution Strategy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EVOIX.
Explore EVOIX Diversifiers