ICON Health and Information Technology Fund (ICTEX) belongs to the Technology Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ICTEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ICTEX
ICTEX charges 1.26% annually. There are 53 mutual funds in the Technology Equities category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Information Technology Index Fund Admiral... | 0.09% | 170.10B | Mar 2004 | ICTEX vs VITAX | |
| Vanguard Communication Services Index Fund Admiral... | 0.10% | 6.30B | Mar 2005 | ICTEX vs VTCAX | |
| Franklin DynaTech Fund Class R6 | 0.48% | — | Jun 2013 | ICTEX vs FDTRX | |
| Alger AI Enablers & Adopters Z | 0.55% | — | Apr 2024 | ICTEX vs AAIZX | |
| Fidelity Advisor Technology Fund Class Z | 0.59% | — | Oct 2018 | ICTEX vs FIKHX |
Best Risk-Adjusted Alternatives to ICTEX
ICTEX has a PortfoliosLab risk / return rank of 88. There are 14 mutual funds in the Technology Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ARK Venture Fund | 99 | — | Sep 2022 | ICTEX vs ARKVX | |
| Fidelity Select Tech Hardware Portfolio | 97 | — | Jul 1985 | ICTEX vs FDCPX | |
| Columbia Seligman Technology and Information Fund ... | 95 | — | Jun 1983 | ICTEX vs CCOYX | |
| Columbia Seligman Technology and Information Fund ... | 95 | — | Nov 2001 | ICTEX vs SCMIX | |
| Columbia Seligman Technology and Information Fund | 95 | — | Jun 1983 | ICTEX vs SLMCX |
Top Performing ICTEX Alternatives (YTD)
ICTEX is at 32.99% YTD. There are 27 mutual funds in the Technology Equities category with higher YTD returns, going as high as 78.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Select Tech Hardware Portfolio | 78.03% | — | Jul 1985 | ICTEX vs FDCPX | |
| Rydex Electronics Fund | 77.01% | — | Mar 1998 | ICTEX vs RYSIX | |
| Fidelity Advisor Semiconductors Fund Class Z | 69.86% | — | Oct 2018 | ICTEX vs FIKGX | |
| Fidelity Select Semiconductors Portfolio | 69.83% | — | Jul 1985 | ICTEX vs FSELX | |
| Fidelity Advisor Semiconductors Fund Class I | 69.76% | — | Dec 2000 | ICTEX vs FELIX |
Lowest Volatility Alternatives to ICTEX
ICTEX has 20.27% 1-year volatility. There are 8 mutual funds in the Technology Equities category with lower 1-year volatility, going as low as 14.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Global Content & Connectivity Fund Class I | 14.47% | — | Nov 1993 | ICTEX vs GTTIX | |
| Towpath Technology Fund | 15.56% | — | Feb 2021 | ICTEX vs TOWTX | |
| Vanguard Communication Services Index Fund Admiral... | 16.09% | 6.30B | Mar 2005 | ICTEX vs VTCAX | |
| Saratoga Technology & Communications Portfolio | 17.86% | — | Oct 1997 | ICTEX vs STPAX | |
| Virtus Artificial Intelligence & Technology Opport... | 19.26% | — | Oct 2019 | ICTEX vs AIO |
Lowest Drawdown Alternatives to ICTEX
ICTEX has a 1-year max drawdown of -13.58%. There are 14 mutual funds in the Technology Equities category with shallower 1-year drawdowns, going as shallow as -8.14%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ARK Venture Fund | -8.14% | — | Sep 2022 | ICTEX vs ARKVX | |
| Gabelli Global Content & Connectivity Fund Class I | -9.08% | — | Nov 1993 | ICTEX vs GTTIX | |
| Nationwide NYSE Arca Tech 100 Index Fund | -10.18% | — | Jun 1996 | ICTEX vs NWJCX | |
| Black Oak Emerging Technology Fund | -11.04% | — | Dec 2000 | ICTEX vs BOGSX | |
| Virtus Artificial Intelligence & Technology Opport... | -11.42% | — | Oct 2019 | ICTEX vs AIO |
Other Mutual Funds from ICON Funds
The 5 most viewed ICON Funds mutual funds shown here include IOLZX, IOEZX, ICFSX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ICON Equity Fund | Large Cap Growth Equities | 75 | 28.44% | — | Oct 2002 | ICTEX vs IOLZX | |
| ICON Equity Income Fund | Diversified Portfolio | 83 | 17.57% | — | May 2004 | ICTEX vs IOEZX | |
| ICON Consumer Select Fund | Financials Equities | 9 | 2.27% | — | Jul 1997 | ICTEX vs ICFSX | |
| ICON FlexibleBondFund | Multisector Bonds | 77 | 1.89% | — | May 2004 | ICTEX vs IOBZX | |
| ICON Natural Resources and Infrastructure Fund | Energy Equities | 58 | 16.98% | — | May 1997 | ICTEX vs ICBMX |
Often Compared With ICTEX
Investors most often compare ICTEX with JAMFX, CMTFX, NBXG. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare ICTEX with Any Fund or Stock
Compare ICTEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ICTEX with funds that move differently
ICON Health and Information Technology Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ICTEX.
Explore ICTEX Diversifiers