Grant Park Multi Alternative Strategies Fund (GPAIX) Alternatives
Grant Park Multi Alternative Strategies Fund (GPAIX) 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 GPAIX. 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 GPAIX
GPAIX charges 1.43% annually. Among mutual funds in the Macro Trading category, these options have the lowest expense ratios among GPAIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| abrdn Global Absolute Return Strategies Fund | 0.78% | Oct 31, 1990 | GPAIX vs CGFIX | |
| Fulcrum Diversified Absolute Return Fund | 1.04% | Jul 30, 2015 | GPAIX vs FARYX | |
| MFS Global Alternative Strategy Fund | 1.05% | Dec 19, 2007 | GPAIX vs DVRIX | |
| BlackRock Tactical Opportunities Fund | 1.08% | Dec 28, 1988 | GPAIX vs PCBAX | |
| AQR Macro Opportunities Fund | 1.20% | Apr 7, 2014 | GPAIX vs QGMIX |
Best Risk-Adjusted Alternatives to GPAIX
Among mutual funds in the Macro Trading 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 | |
|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 99 | Dec 28, 2012 | GPAIX vs EGRAX | |
| Fulcrum Diversified Absolute Return Fund | 97 | Jul 30, 2015 | GPAIX vs FARYX | |
| OnTrack Core Fund | 92 | Jan 14, 2013 | GPAIX vs OTRFX | |
| Dunham Dynamic Macro Fund | 92 | Apr 28, 2010 | GPAIX vs DNAVX | |
| Quantified Alternative Investment Fund | 90 | Aug 8, 2013 | GPAIX vs QALTX |
Top Performing GPAIX Alternatives (YTD)
GPAIX alternatives from the Macro Trading category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Catalyst/Millburn Hedge Strategy Fund | 7.93% | Dec 27, 2015 | GPAIX vs MBXAX | |
| Campbell Systematic Macro Fund Class I Shares | 7.80% | Mar 4, 2013 | GPAIX vs EBSIX | |
| Campbell Systematic Macro Fund Class A Shares | 7.79% | Mar 4, 2013 | GPAIX vs EBSAX | |
| Standpoint Multi-Asset Fund Investor Class | 6.45% | Dec 30, 2019 | GPAIX vs REMIX | |
| Fulcrum Diversified Absolute Return Fund | 6.28% | Jul 30, 2015 | GPAIX vs FARYX |
Lowest Volatility Alternatives to GPAIX
GPAIX alternatives from the Macro Trading category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| abrdn Global Absolute Return Strategies Fund | 3.48% | Oct 31, 1990 | GPAIX vs CGFIX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 3.73% | Dec 28, 2012 | GPAIX vs EGRAX | |
| OnTrack Core Fund | 4.34% | Jan 14, 2013 | GPAIX vs OTRFX | |
| Dunham Dynamic Macro Fund | 4.40% | Apr 28, 2010 | GPAIX vs DNAVX | |
| MFS Global Alternative Strategy Fund | 4.76% | Dec 19, 2007 | GPAIX vs DVRIX |
Lowest Drawdown Alternatives to GPAIX
GPAIX alternatives from the Macro Trading category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Dunham Dynamic Macro Fund | -2.13% | Apr 28, 2010 | GPAIX vs DNAVX | |
| abrdn Global Absolute Return Strategies Fund | -2.78% | Oct 31, 1990 | GPAIX vs CGFIX | |
| OnTrack Core Fund | -3.02% | Jan 14, 2013 | GPAIX vs OTRFX | |
| Eaton Vance Global Macro Absolute Return Advantage... | -3.02% | Dec 28, 2012 | GPAIX vs EGRAX | |
| Fulcrum Diversified Absolute Return Fund | -3.26% | Jul 30, 2015 | GPAIX vs FARYX |
Often Compared With GPAIX
What investors most often compare with GPAIX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| First Trust Large Cap Value AlphaDEX Fund | Large Cap Value Equities | 75 | 7.62% | May 8, 2007 | GPAIX vs FTA | |
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | GPAIX vs SPY | |
| Dynamic Alpha Macro Fund Institutional | Macro Trading | 81 | 3.29% | Jul 31, 2023 | GPAIX vs DYMIX |
Compare GPAIX with Any Fund or Stock
Compare GPAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.