GMO Alternative Allocation Fund (GAAVX) Alternatives
GMO Alternative Allocation Fund (GAAVX) 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 GAAVX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to GAAVX
GAAVX charges 0.61% annually. Among mutual funds in the Multistrategy category, these options have the lowest expense ratios among GAAVX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Aspiriant Defensive Allocation Fund | 0.18% | Dec 13, 2015 | GAAVX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | Nov 11, 2018 | GAAVX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | Feb 14, 2018 | GAAVX vs TALTX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.72% | Jan 1, 2009 | GAAVX vs JAAAX | |
| Allspring Alternative Risk Premia Fund | 0.72% | Jan 28, 2019 | GAAVX vs WRPIX |
Best Risk-Adjusted Alternatives to GAAVX
Among mutual funds in the Multistrategy category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Stone Ridge Reinsurance Risk Premium Interval Fund | 100 | Dec 9, 2013 | GAAVX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | Aug 14, 2017 | GAAVX vs ARBIX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 99 | Feb 1, 2013 | GAAVX vs SHRIX | |
| AQR Diversified Arbitrage Fund Class I | 99 | Jan 15, 2009 | GAAVX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 99 | Jan 15, 2009 | GAAVX vs ADANX |
Top Performing GAAVX Alternatives (YTD)
GAAVX alternatives from the Multistrategy category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| AQR Style Premia Alternative R6 | 9.87% | Sep 2, 2014 | GAAVX vs QSPRX | |
| AQR Style Premia Alternative Fund Class N | 9.85% | Oct 30, 2013 | GAAVX vs QSPNX | |
| AQR Style Premia Alternative Fund | 9.83% | Oct 29, 2013 | GAAVX vs QSPIX | |
| Allspring Alternative Risk Premia Fund | 9.57% | Jan 28, 2019 | GAAVX vs WRPIX | |
| AQR Alternative Risk Premia R6 | 9.06% | Sep 19, 2017 | GAAVX vs QRPRX |
Lowest Volatility Alternatives to GAAVX
GAAVX alternatives from the Multistrategy category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.28% | Aug 14, 2017 | GAAVX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class N | 1.53% | Jan 15, 2009 | GAAVX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | 1.54% | Jan 15, 2009 | GAAVX vs ADAIX | |
| T. Rowe Price Multi-Strategy Total Return Fund | 2.09% | Feb 22, 2018 | GAAVX vs TMSRX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 2.40% | Feb 1, 2013 | GAAVX vs SHRIX |
Lowest Drawdown Alternatives to GAAVX
GAAVX alternatives from the Multistrategy category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | Aug 14, 2017 | GAAVX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | Dec 9, 2013 | GAAVX vs SRRIX | |
| AQR Diversified Arbitrage Fund Class I | -0.64% | Jan 15, 2009 | GAAVX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | -0.64% | Jan 15, 2009 | GAAVX vs ADANX | |
| FS Credit Income Fund Class I | -1.31% | Nov 1, 2017 | GAAVX vs FCRIX |
Other Mutual Funds from GMO
Most popular GMO mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| GMO Quality Fund | Large Cap Blend Equities | 33 | -7.00% | Feb 6, 2004 | GAAVX vs GQETX | |
| GMO International Equity Fund | Foreign Large Cap Equities | 93 | 5.23% | Mar 30, 1987 | GAAVX vs GMOIX | |
| GMO U.S. Treasury Fund | Government Bonds | 99 | 0.51% | Mar 16, 2009 | GAAVX vs GUSTX | |
| GMO Asset Allocation Bond Fund | Inflation-Protected Bonds | 6 | -0.91% | Mar 17, 2009 | GAAVX vs GABFX | |
| GMO Benchmark-Free Fund | Global Allocation | 97 | 5.76% | Jun 14, 2011 | GAAVX vs GBFFX | |
| GMO Resources Fund | Energy Equities | 95 | 30.03% | Dec 27, 2011 | GAAVX vs GOFIX | |
| GMO Emerging Country Debt Fund | Emerging Markets Bonds | 97 | 2.31% | Apr 18, 1994 | GAAVX vs GMCDX | |
| GMO High Yield Fund | High Yield Bonds | 87 | -0.70% | Jun 25, 2018 | GAAVX vs GHVIX | |
| GMO Global Equity Allocation Fund | Global Equities | 90 | 3.72% | Nov 25, 1996 | GAAVX vs GMGEX | |
| GMO International Developed Equity Allocation Fund | Foreign Large Cap Equities | 94 | 6.03% | Jun 4, 2006 | GAAVX vs GIOTX |
Often Compared With GAAVX
What investors most often compare with GAAVX, based on PortfoliosLab usage data.
Compare GAAVX with Any Fund or Stock
Compare GAAVX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.