Hussman Strategic Growth Fund (HSGFX) Alternatives

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 funds that fit a different role in your portfolio.

Cheapest Alternatives to HSGFX

HSGFX charges 1.15% annually. Among mutual funds in the Long-Short category, these options have the lowest expense ratios among HSGFX alternatives.

Symbol	Name	Expense Ratio	Inception
PHSWX	Parvin Hedged Equity Solari World Fund	0.01%	Jan 27, 2021	HSGFX vs PHSWX
MNWIX	MFS Managed Wealth Fund	0.67%	Jun 26, 2014	HSGFX vs MNWIX
WTLS	WisdomTree Efficient Long/Short US Equity Fund	0.88%	Jan 20, 2026	HSGFX vs WTLS
SPEDX	Alger Dynamic Opportunities Fund	0.91%	Nov 1, 2009	HSGFX vs SPEDX
BTPIX	Salient Tactical Plus Fund	1.08%	Dec 30, 2012	HSGFX vs BTPIX

Best Risk-Adjusted Alternatives to HSGFX

Among mutual funds in the Long-Short category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
BDMIX	BlackRock Global Long/Short Equity Fund Class I	96	Dec 20, 2012	HSGFX vs BDMIX
QLEIX	AQR Long-Short Equity Fund	94	Jul 15, 2013	HSGFX vs QLEIX
QLENX	AQR Long-Short Equity N	93	Jul 16, 2013	HSGFX vs QLENX
VMNIX	Vanguard Market Neutral Fund Institutional Shares	93	Oct 19, 1998	HSGFX vs VMNIX
BPLEX	Boston Partners Long/Short Equity Fund	93	Nov 16, 1998	HSGFX vs BPLEX

Top Performing HSGFX Alternatives (YTD)

HSGFX alternatives from the Long-Short category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
SAOAX	Guggenheim Alpha Opportunity Fund	10.14%	Jul 6, 2003	HSGFX vs SAOAX
PWLIX	PIMCO RAE Worldwide Long/Short PLUS Fund	9.51%	Dec 3, 2014	HSGFX vs PWLIX
VMNIX	Vanguard Market Neutral Fund Institutional Shares	6.12%	Oct 19, 1998	HSGFX vs VMNIX
VMNFX	Vanguard Market Neutral Fund Investor Shares	6.09%	Nov 11, 1998	HSGFX vs VMNFX
BIVIX	Invenomic Fund Institutional Class	6.05%	Jun 19, 2017	HSGFX vs BIVIX

Lowest Volatility Alternatives to HSGFX

HSGFX alternatives from the Long-Short category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
MNWIX	MFS Managed Wealth Fund	5.68%	Jun 26, 2014	HSGFX vs MNWIX
NLSIX	Neuberger Berman Long Short Fund	6.34%	Dec 28, 2011	HSGFX vs NLSIX
QAMNX	Federated Hermes MDT Market Neutral A	6.39%	Sep 30, 2008	HSGFX vs QAMNX
KCEIX	Knights of Columbus Long/Short Equity Fund	6.52%	Dec 1, 2019	HSGFX vs KCEIX
ASILX	AB Select US Long/Short Portfolio	6.59%	Dec 11, 2012	HSGFX vs ASILX

Lowest Drawdown Alternatives to HSGFX

HSGFX alternatives from the Long-Short category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
KCEIX	Knights of Columbus Long/Short Equity Fund	-3.50%	Dec 1, 2019	HSGFX vs KCEIX
BDMIX	BlackRock Global Long/Short Equity Fund Class I	-3.60%	Dec 20, 2012	HSGFX vs BDMIX
ASILX	AB Select US Long/Short Portfolio	-3.62%	Dec 11, 2012	HSGFX vs ASILX
GTAPX	Quantitative U.S. Long/Short Equity Portfolio	-4.15%	Sep 28, 2006	HSGFX vs GTAPX
QAMNX	Federated Hermes MDT Market Neutral A	-4.16%	Sep 30, 2008	HSGFX vs QAMNX

Other Mutual Funds from Hussman Funds

Most popular Hussman Funds mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
HSTRX	Hussman Strategic Total Return Fund	Tactical Allocation	97	3.20%	Sep 11, 2002	HSGFX vs HSTRX
HSAFX	Hussman Strategic Allocation Fund	Tactical Allocation	38	1.92%	Aug 26, 2019	HSGFX vs HSAFX

Often Compared With HSGFX

What investors most often compare with HSGFX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
^GSPC	S&P 500 Index		74	-4.63%	—	HSGFX vs ^GSPC
SH	ProShares Short S&P500	Inverse Equities	4	5.77%	Jun 19, 2006	HSGFX vs SH
FPACX	FPA Crescent Fund	Diversified Portfolio	72	-3.27%	Jun 1, 1993	HSGFX vs FPACX
AVUV	Avantis US Small Cap Value ETF	Small Cap Value Equities	74	8.60%	Sep 24, 2019	HSGFX vs AVUV
QAI	IQ Hedge Multi-Strategy Tracker ETF	Long-Short	80	1.82%	Mar 25, 2009	HSGFX vs QAI
AVDV	Avantis International Small Cap Value ETF	Foreign Small & Mid Cap Equities	96	6.39%	Sep 24, 2019	HSGFX vs AVDV
TLT	iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	12	0.17%	Jul 22, 2002	HSGFX vs TLT
PSQ	ProShares Short QQQ	Inverse Equities	3	7.10%	Jun 19, 2006	HSGFX vs PSQ
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	HSGFX vs SPY
DBMF	iM DBi Managed Futures Strategy ETF	Hedge Fund, Actively Managed	95	7.87%	May 8, 2019	HSGFX vs DBMF
TAIL	Cambria Tail Risk ETF	Volatility Hedged Equity	16	2.59%	Apr 5, 2017	HSGFX vs TAIL
SNOIX	Easterly Snow Capital Long/Short Opportunity Fund	Long-Short	80	4.60%	Apr 27, 2006	HSGFX vs SNOIX
JAKVX	John Hancock Disciplined Value Global Long/Short F...	Long-Short	—	4.41%	Apr 11, 2014	HSGFX vs JAKVX
BPIRX	Boston Partners Long/Short Research Fund	Long-Short	62	-2.07%	Sep 29, 2010	HSGFX vs BPIRX
GTRFX	Gotham Total Return Fund	Long-Short	46	-2.40%	Mar 30, 2015	HSGFX vs GTRFX
ATESX	Anchor Risk Managed Equity Strategies Fund	Long-Short	39	-1.11%	Sep 5, 2016	HSGFX vs ATESX

Compare HSGFX with Any Fund or Stock

Compare HSGFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Hussman Strategic Growth Fund

Symbol name