Hussman Strategic Allocation Fund (HSAFX) belongs to the Tactical Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with HSAFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HSAFX
HSAFX charges 1.25% annually. There are 33 mutual funds in the Tactical Allocation category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs Balanced Strategy Portfolio | 0.19% | — | Jan 1998 | HSAFX vs GIPIX | |
| Goldman Sachs Growth and Income Strategy Portfolio | 0.19% | — | Jan 1998 | HSAFX vs GOIIX | |
| PIMCO All Asset All Authority Fund | 0.21% | — | Oct 2003 | HSAFX vs PAUIX | |
| Columbia Thermostat Fund | 0.24% | — | Sep 2002 | HSAFX vs COTZX | |
| GuidePath Flexible Income Allocation Fund | 0.50% | — | Aug 2012 | HSAFX vs GPIFX |
Best Risk-Adjusted Alternatives to HSAFX
HSAFX has a PortfoliosLab risk / return rank of 2. There are 77 mutual funds in the Tactical Allocation category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Astor Dynamic Allocation Fund | 97 | — | Oct 2009 | HSAFX vs ASTIX | |
| Invesco Balanced-Risk Allocation Fund | 95 | — | Jun 2009 | HSAFX vs ABRYX | |
| Invesco Balanced-Risk Allocation Fund Class A | 95 | — | Jun 2009 | HSAFX vs ABRZX | |
| RESQ Dynamic Allocation Fund | 95 | — | Dec 2013 | HSAFX vs RQEIX | |
| Potomac Defensive Bull Fund | 93 | — | Jun 2020 | HSAFX vs CRDBX |
Top Performing HSAFX Alternatives (YTD)
HSAFX is at -1.90% YTD. There are 77 mutual funds in the Tactical Allocation category with higher YTD returns, going as high as 55.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quantified Evolution Plus Fund | 55.72% | — | Sep 2019 | HSAFX vs QEVOX | |
| Donoghue Forlines Momentum Fund | 37.80% | — | Dec 2016 | HSAFX vs MOJOX | |
| Teberg Fund | 29.45% | — | Mar 2002 | HSAFX vs TEBRX | |
| Invesco Balanced-Risk Allocation Fund | 21.28% | — | Jun 2009 | HSAFX vs ABRYX | |
| Invesco Balanced-Risk Allocation Fund Class A | 21.20% | — | Jun 2009 | HSAFX vs ABRZX |
Lowest Volatility Alternatives to HSAFX
HSAFX has 5.59% 1-year volatility. There are 11 mutual funds in the Tactical Allocation category with lower 1-year volatility, going as low as 2.41%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | 2.41% | — | Aug 2012 | HSAFX vs GPIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 2.58% | — | Apr 2012 | HSAFX vs SIOAX | |
| Goldman Sachs TacticalTiltOverlayFund | 2.74% | — | Jul 2014 | HSAFX vs TTIFX | |
| Hundredfold Select Alternative Fund | 4.53% | — | Aug 2004 | HSAFX vs SFHYX | |
| Hundredfold Select Alternative Fund Investor Class | 4.53% | — | — | HSAFX vs HFSAX |
Lowest Drawdown Alternatives to HSAFX
HSAFX has a 1-year max drawdown of -5.34%. There are 22 mutual funds in the Tactical Allocation category with shallower 1-year drawdowns, going as shallow as -1.69%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | -1.69% | — | Aug 2012 | HSAFX vs GPIFX | |
| AQR Diversifying Strategies Fund Class N | -1.97% | — | Jun 2020 | HSAFX vs QDSNX | |
| Goldman Sachs TacticalTiltOverlayFund | -2.11% | — | Jul 2014 | HSAFX vs TTIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | -2.34% | — | Apr 2012 | HSAFX vs SIOAX | |
| Hussman Strategic Total Return Fund | -2.42% | — | Sep 2002 | HSAFX vs HSTRX |
Other Mutual Funds from Hussman Funds
The 1 most viewed Hussman Funds mutual funds shown here include HSGFX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Hussman Strategic Growth Fund | Long-Short | 0 | -9.84% | — | Jul 2000 | HSAFX vs HSGFX |
Often Compared With HSAFX
Investors most often compare HSAFX with BOXX, PDX, DRRIX. These 8 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Alpha Architect 1-3 Month Box ETF | Ultrashort Bond | 100 | 1.58% | 11.05B | Dec 2022 | HSAFX vs BOXX | |
| PIMCO Dynamic Income Strategy Fund | Tactical Allocation | 10 | 18.39% | — | Feb 2019 | HSAFX vs PDX | |
| BNY Mellon Global Real Return Fund - Class I | Tactical Allocation | 79 | 7.29% | — | May 2010 | HSAFX vs DRRIX | |
| BlackRock Tactical Opportunities Fund Institutiona... | Tactical Allocation | 66 | 9.80% | — | Jun 1993 | HSAFX vs PBAIX | |
| Donoghue Forlines Tactical Allocation Fund | Tactical Allocation | 89 | 12.59% | — | Apr 2018 | HSAFX vs GTAIX | |
| PIMCO All Asset Fund | Tactical Allocation | 91 | 9.42% | — | Nov 2002 | HSAFX vs PAAIX | |
| Upright Assets Allocation Plus Fund | Tactical Allocation | — | — | — | Oct 2017 | HSAFX vs UPAAX | |
| PIMCO All Asset Fund Class A | Tactical Allocation | 90 | 9.23% | — | Apr 2008 | HSAFX vs PASAX |
Compare HSAFX with Any Fund or Stock
Compare HSAFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HSAFX with funds that move differently
Hussman Strategic Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HSAFX.
Explore HSAFX Diversifiers