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 395 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 87. There are 36 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 | 98 | — | Dec 2002 | HRNOX vs TIBIX | |
| Allspring Diversified Capital Builder Fund | 97 | — | Jan 1998 | HRNOX vs EKBAX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | HRNOX vs NWQIX | |
| Fidelity Strategic Real Return Fund Class K6 | 96 | — | Sep 2005 | HRNOX vs FSRKX |
Top Performing HRNOX Alternatives (YTD)
HRNOX is at 31.49% YTD. There is 1 mutual fund in the Diversified Portfolio category with a higher YTD return, going as high as 36.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 36.56% | — | Jan 1998 | HRNOX vs EKBAX | |
| Canoe EIT Income Fund | 27.79% | — | Aug 1997 | HRNOX vs EIT-UN.TO | |
| Greenspring Fund | 21.59% | — | Jun 1983 | HRNOX vs GRSPX | |
| Thornburg Investment Income Builder Fund Class I | 17.96% | — | Dec 2002 | HRNOX vs TIBIX | |
| Fidelity Advisor Blue Chip Growth Fund Class Z | 17.70% | — | — | HRNOX vs FBCKX |
Lowest Volatility Alternatives to HRNOX
HRNOX has 27.10% 1-year volatility. There are 551 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 Institutional Managed Trust Multi-Asset Capita... | 2.63% | — | Apr 2012 | HRNOX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.80% | — | Nov 2003 | HRNOX vs SICIX | |
| Ave Maria Bond Fund | 2.93% | — | Apr 2003 | HRNOX vs AVEFX | |
| American Funds College 2027 Fund | 3.03% | — | Sep 2012 | HRNOX vs CSTAX |
Lowest Drawdown Alternatives to HRNOX
HRNOX has a 1-year max drawdown of -13.39%. There are 540 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Canoe EIT Income Fund | 0.00% | — | Aug 1997 | HRNOX vs EIT-UN.TO | |
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | HRNOX vs STDAX | |
| Fidelity Strategic Real Return Fund Class K6 | -1.93% | — | Sep 2005 | HRNOX vs FSRKX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | -1.94% | — | Oct 2018 | HRNOX vs FIQDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | -1.99% | — | Sep 2005 | HRNOX vs FCSRX |
Often Compared With HRNOX
Investors most often compare HRNOX with IWM, CMNVX, ZTR. 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