Hussman Strategic Growth Fund (HSGFX) 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 HSGFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HSGFX
HSGFX charges 1.15% annually. There are 5 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 | HSGFX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | — | Jun 2014 | HSGFX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | 11.94M | Jan 2026 | HSGFX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | — | Nov 2009 | HSGFX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | — | Dec 2012 | HSGFX vs BTPIX |
Best Risk-Adjusted Alternatives to HSGFX
HSGFX has a PortfoliosLab risk / return rank of 0. There are 49 mutual funds in the Long-Short category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 96 | — | Dec 2012 | HSGFX vs BDMIX | |
| Boston Partners Long/Short Equity Fund | 94 | — | Nov 1998 | HSGFX vs BPLEX | |
| Persimmon Long/Short Fund | 88 | — | Dec 2012 | HSGFX vs LSEIX | |
| Vanguard Market Neutral Fund Institutional Shares | 88 | — | Oct 1998 | HSGFX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 88 | 561.90M | Nov 1998 | HSGFX vs VMNFX |
Top Performing HSGFX Alternatives (YTD)
HSGFX is at -10.54% YTD. There are 50 mutual funds in the Long-Short category with higher YTD returns, going as high as 14.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ACM Dynamic Opportunity Fund | 14.62% | — | Jan 2015 | HSGFX vs ADOIX | |
| Vanguard Market Neutral Fund Institutional Shares | 14.39% | — | Oct 1998 | HSGFX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 14.39% | 561.90M | Nov 1998 | HSGFX vs VMNFX | |
| CRM Long/Short Opportunities Fund | 13.95% | — | Aug 2016 | HSGFX vs CRIHX | |
| Boston Partners Long/Short Equity Fund | 13.85% | — | Nov 1998 | HSGFX vs BPLEX |
Lowest Volatility Alternatives to HSGFX
HSGFX has 12.28% 1-year volatility. There are 37 mutual funds in the Long-Short category with lower 1-year volatility, going as low as 5.29%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Neuberger Berman Long Short Fund | 5.29% | — | Dec 2011 | HSGFX vs NLSIX | |
| AB Select US Long/Short Portfolio | 5.56% | — | Dec 2012 | HSGFX vs ASILX | |
| MFS Managed Wealth Fund | 5.86% | — | Jun 2014 | HSGFX vs MNWIX | |
| Knights of Columbus Long/Short Equity Fund | 6.07% | — | Dec 2019 | HSGFX vs KCEIX | |
| Wilmington Global Alpha Equities Fund | 6.17% | — | Jan 2012 | HSGFX vs WRAIX |
Lowest Drawdown Alternatives to HSGFX
HSGFX has a 1-year max drawdown of -17.98%. There are 46 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 | HSGFX vs KCEIX | |
| Quantitative U.S. Long/Short Equity Portfolio | -3.01% | — | Sep 2006 | HSGFX vs GTAPX | |
| BlackRock Global Long/Short Equity Fund Class I | -3.24% | — | Dec 2012 | HSGFX vs BDMIX | |
| AB Select US Long/Short Portfolio | -3.61% | — | Dec 2012 | HSGFX vs ASILX | |
| Gotham Absolute Return Fund | -3.85% | — | Aug 2012 | HSGFX vs GARIX |
Other Mutual Funds from Hussman Funds
The 2 most viewed Hussman Funds mutual funds shown here include HSTRX, HSAFX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Hussman Strategic Total Return Fund | Tactical Allocation | 88 | 3.36% | — | Sep 2002 | HSGFX vs HSTRX | |
| Hussman Strategic Allocation Fund | Tactical Allocation | 2 | -2.51% | — | Aug 2019 | HSGFX vs HSAFX |
Often Compared With HSGFX
Investors most often compare HSGFX with ^GSPC, SH, FPACX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare HSGFX with Any Fund or Stock
Compare HSGFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HSGFX with funds that move differently
Hussman Strategic Growth Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HSGFX.
Explore HSGFX Diversifiers