Fintrust Income and Opportunity Fund (HIOIX) belongs to the Long-Short category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with HIOIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HIOIX
HIOIX charges 2.19% annually. There are 47 mutual funds in the Long-Short category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | — | Jan 2021 | HIOIX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | — | Jun 2014 | HIOIX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | 11.58M | Jan 2026 | HIOIX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | — | Nov 2009 | HIOIX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | — | Dec 2012 | HIOIX vs BTPIX |
Best Risk-Adjusted Alternatives to HIOIX
HIOIX has a PortfoliosLab risk / return rank of 6. There are 40 mutual funds in the Long-Short category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| John Hancock Disciplined Value Global Long/Short F... | 95 | — | Apr 2014 | HIOIX vs JAKVX | |
| John Hancock Disciplined Value Global Long/Short F... | 94 | — | Dec 2013 | HIOIX vs JAKRX | |
| Boston Partners Long/Short Equity Fund | 94 | — | Nov 1998 | HIOIX vs BPLEX | |
| BlackRock Global Long/Short Equity Fund Class I | 91 | — | Dec 2012 | HIOIX vs BDMIX | |
| Gotham Absolute Return Fund | 89 | — | Aug 2012 | HIOIX vs GARIX |
Top Performing HIOIX Alternatives (YTD)
HIOIX is at -1.12% YTD. There are 45 mutual funds in the Long-Short category with higher YTD returns, going as high as 17.00%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Guggenheim Alpha Opportunity Fund | 17.00% | — | Jul 2003 | HIOIX vs SAOAX | |
| John Hancock Disciplined Value Global Long/Short F... | 13.36% | — | Apr 2014 | HIOIX vs JAKVX | |
| John Hancock Disciplined Value Global Long/Short F... | 13.18% | — | Dec 2013 | HIOIX vs JAKRX | |
| ACM Dynamic Opportunity Fund | 12.97% | — | Jan 2015 | HIOIX vs ADOIX | |
| Anchor Risk Managed Equity Strategies Fund | 12.09% | — | Sep 2016 | HIOIX vs ATESX |
Lowest Volatility Alternatives to HIOIX
HIOIX has 17.02% 1-year volatility. There are 49 mutual funds in the Long-Short category with lower 1-year volatility, going as low as 4.92%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Neuberger Berman Long Short Fund | 4.92% | — | Dec 2011 | HIOIX vs NLSIX | |
| AB Select US Long/Short Portfolio | 5.32% | — | Dec 2012 | HIOIX vs ASILX | |
| MFS Managed Wealth Fund | 5.55% | — | Jun 2014 | HIOIX vs MNWIX | |
| Knights of Columbus Long/Short Equity Fund | 5.83% | — | Dec 2019 | HIOIX vs KCEIX | |
| Wilmington Global Alpha Equities Fund | 5.92% | — | Jan 2012 | HIOIX vs WRAIX |
Lowest Drawdown Alternatives to HIOIX
HIOIX has a 1-year max drawdown of -12.58%. There are 41 mutual funds in the Long-Short category with shallower 1-year drawdowns, going as shallow as -2.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Knights of Columbus Long/Short Equity Fund | -2.82% | — | Dec 2019 | HIOIX vs KCEIX | |
| Quantitative U.S. Long/Short Equity Portfolio | -3.01% | — | Sep 2006 | HIOIX vs GTAPX | |
| BlackRock Global Long/Short Equity Fund Class I | -3.54% | — | Dec 2012 | HIOIX vs BDMIX | |
| AB Select US Long/Short Portfolio | -3.61% | — | Dec 2012 | HIOIX vs ASILX | |
| Gotham Absolute Return Fund | -3.85% | — | Aug 2012 | HIOIX vs GARIX |
Often Compared With HIOIX
Investors most often compare HIOIX with RQI, FSCO, JEPI. These 15 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare HIOIX with Any Fund or Stock
Compare HIOIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HIOIX with funds that move differently
Fintrust Income and Opportunity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HIOIX.
Explore HIOIX Diversifiers