Hood River New Opportunities Fund Institutional Class (HRNOX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with HRNOX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HRNOX
HRNOX charges 0.95% annually. There are 398 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| John Hancock Diversified Income Fund | 0.02% | — | May 2011 | HRNOX vs HEQ | |
| Highland Funds I - Highland Opportunities and Inco... | 0.02% | — | Jan 2000 | HRNOX vs HFRO | |
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | HRNOX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | HRNOX vs PALDX | |
| Dimensional Managed Account Fund | 0.03% | — | Mar 2012 | HRNOX vs DMA |
Best Risk-Adjusted Alternatives to HRNOX
HRNOX has a PortfoliosLab risk / return rank of 85. There are 27 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | HRNOX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 97 | — | Dec 2002 | HRNOX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | HRNOX vs NWQIX | |
| Pioneer Balanced ESG Fund | 94 | — | Dec 1991 | HRNOX vs AYBLX | |
| Victory Pioneer Balanced Fund Class A | 94 | — | Dec 1991 | HRNOX vs AOBLX |
Top Performing HRNOX Alternatives (YTD)
HRNOX is at 25.84% YTD. There are 2 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 33.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Highland Funds I - Highland Opportunities and Inco... | 33.22% | — | Jan 2000 | HRNOX vs HFRO | |
| Allspring Diversified Capital Builder Fund | 33.16% | — | Jan 1998 | HRNOX vs EKBAX | |
| Greenspring Fund | 20.03% | — | Jun 1983 | HRNOX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 19.67% | — | Aug 1998 | HRNOX vs MHELX | |
| ICON Equity Income Fund | 17.57% | — | May 2004 | HRNOX vs IOEZX |
Lowest Volatility Alternatives to HRNOX
HRNOX has 28.50% 1-year volatility. There are 554 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | HRNOX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.83% | — | Nov 2003 | HRNOX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.86% | — | Apr 2012 | HRNOX vs SCLAX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | HRNOX vs AVEFX | |
| American Funds College 2027 Fund | 3.09% | — | Sep 2012 | HRNOX vs CSTAX |
Lowest Drawdown Alternatives to HRNOX
HRNOX has a 1-year max drawdown of -13.39%. There are 541 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | HRNOX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | HRNOX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | HRNOX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | HRNOX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | HRNOX vs CSTAX |
Often Compared With HRNOX
Investors most often compare HRNOX with IWM, ZTR, CMNVX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare HRNOX with Any Fund or Stock
Compare HRNOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HRNOX with funds that move differently
Hood River New Opportunities Fund Institutional Class alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HRNOX.
Explore HRNOX Diversifiers