IPS Strategic Capital Absolute Return Fund (IPSAX) belongs to the Options Trading category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with IPSAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IPSAX
IPSAX charges 1.50% annually. There are 21 mutual funds in the Options Trading category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Volatility Risk Premium - Defensive Fun... | 0.47% | — | Feb 2017 | IPSAX vs EIVPX | |
| JPMorgan Hedged Equity 2 Fund Class I | 0.60% | — | Feb 2021 | IPSAX vs JHQDX | |
| JPMorgan Hedged Equity 3 Fund | 0.60% | — | Feb 2021 | IPSAX vs JHQTX | |
| Gateway Equity Call Premium Fund | 0.68% | — | Sep 2014 | IPSAX vs GCPYX | |
| Gateway Fund Class Y Shares | 0.70% | — | — | IPSAX vs GTEYX |
Best Risk-Adjusted Alternatives to IPSAX
IPSAX has a PortfoliosLab risk / return rank of 7. There are 24 mutual funds in the Options Trading category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | 100 | — | Nov 2016 | IPSAX vs PPFIX | |
| MAI Managed Volatility Fund | 91 | — | Sep 2010 | IPSAX vs MAIPX | |
| Glenmede Secured Options Portfolio | 91 | — | Jun 2010 | IPSAX vs GTSOX | |
| Parametric Volatility Risk Premium - Defensive Fun... | 89 | — | Feb 2017 | IPSAX vs EIVPX | |
| Easterly Hedged Equity Fund | 87 | — | Jul 2015 | IPSAX vs JDIEX |
Top Performing IPSAX Alternatives (YTD)
IPSAX is at 0.40% YTD. There are 22 mutual funds in the Options Trading category with higher YTD returns, going as high as 11.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | 11.43% | — | Jan 2007 | IPSAX vs QQQX | |
| AlphaCentric Premium Opportunity Fund | 9.76% | — | Sep 2016 | IPSAX vs HMXIX | |
| Easterly Hedged Equity Fund | 8.01% | — | Jul 2015 | IPSAX vs JDIEX | |
| Glenmede Secured Options Portfolio | 7.81% | — | Jun 2010 | IPSAX vs GTSOX | |
| Gateway Equity Call Premium Fund | 7.32% | — | Sep 2014 | IPSAX vs GCPYX |
Lowest Volatility Alternatives to IPSAX
IPSAX has 11.35% 1-year volatility. There are 22 mutual funds in the Options Trading category with lower 1-year volatility, going as low as 0.89%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | 0.89% | — | Nov 2016 | IPSAX vs PPFIX | |
| North SquareTrilogy Alternative Return Fund | 3.59% | — | Apr 2012 | IPSAX vs STTIX | |
| MAI Managed Volatility Fund | 4.86% | — | Sep 2010 | IPSAX vs MAIPX | |
| Beacon Planned Return Strategy Fund | 5.18% | — | Oct 2017 | IPSAX vs BPRLX | |
| Rational Tactical Return Fund | 5.27% | — | Apr 2007 | IPSAX vs HRSTX |
Lowest Drawdown Alternatives to IPSAX
IPSAX has a 1-year max drawdown of -12.09%. There are 24 mutual funds in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.25%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | -0.25% | — | Nov 2016 | IPSAX vs PPFIX | |
| North SquareTrilogy Alternative Return Fund | -2.86% | — | Apr 2012 | IPSAX vs STTIX | |
| Rational Tactical Return Fund | -3.09% | — | Apr 2007 | IPSAX vs HRSTX | |
| MAI Managed Volatility Fund | -3.10% | — | Sep 2010 | IPSAX vs MAIPX | |
| Easterly Hedged Equity Fund | -3.49% | — | Jul 2015 | IPSAX vs JDIEX |
Other Mutual Funds from WP Trust
The 1 most viewed WP Trust mutual funds shown here include WPLCX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| WP Large Cap Income Plus Fund | Large Cap Value Equities | 56 | 17.78% | — | Oct 2013 | IPSAX vs WPLCX |
Often Compared With IPSAX
Investors most often compare IPSAX with SHIIX, CIHEX, SPYG. These 8 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Catalyst Buffered Shield Fund | Options Trading | 82 | 5.33% | — | Apr 2015 | IPSAX vs SHIIX | |
| Calamos Hedged Equity Fund | Options Trading | 77 | 6.62% | — | Dec 2014 | IPSAX vs CIHEX | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 44 | 10.85% | 52.75B | Sep 2000 | IPSAX vs SPYG | |
| Vanguard S&P 500 ETF | S&P 500 | 66 | 10.72% | 1.70T | Sep 2010 | IPSAX vs VOO | |
| Swan Defined Risk Fund | Options Trading | 63 | 6.03% | — | Jul 2012 | IPSAX vs SDRIX | |
| Cavanal Hill Hedged Income Fund | Options Trading | 48 | 7.14% | — | Dec 2020 | IPSAX vs APLIX | |
| Cboe Vest US Large Cap 10% Buffer Fund | Options Trading | 68 | 7.10% | — | Aug 2016 | IPSAX vs BUIGX | |
| Swan Defined Risk Growth Fund | Options Trading | 47 | 6.60% | — | Dec 2018 | IPSAX vs SDAIX |
Compare IPSAX with Any Fund or Stock
Compare IPSAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IPSAX with funds that move differently
IPS Strategic Capital Absolute Return Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IPSAX.
Explore IPSAX Diversifiers