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 20 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 15. There are 22 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 | 93 | — | Sep 2010 | IPSAX vs MAIPX | |
| Easterly Hedged Equity Fund | 91 | — | Jul 2015 | IPSAX vs JDIEX | |
| Parametric Volatility Risk Premium - Defensive Fun... | 91 | — | Feb 2017 | IPSAX vs EIVPX | |
| Glenmede Secured Options Portfolio | 87 | — | Jun 2010 | IPSAX vs GTSOX |
Top Performing IPSAX Alternatives (YTD)
IPSAX is at 3.87% YTD. There are 19 mutual funds in the Options Trading category with higher YTD returns, going as high as 10.28%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AlphaCentric Premium Opportunity Fund | 10.28% | — | Sep 2016 | IPSAX vs HMXIX | |
| Easterly Hedged Equity Fund | 8.68% | — | Jul 2015 | IPSAX vs JDIEX | |
| Swan Defined Risk Growth Fund | 6.92% | — | Dec 2018 | IPSAX vs SDAIX | |
| Swan Defined Risk Fund | 6.77% | — | Jul 2012 | IPSAX vs SDRIX | |
| Calamos Hedged Equity Fund | 6.67% | — | Dec 2014 | IPSAX vs CIHEX |
Lowest Volatility Alternatives to IPSAX
IPSAX has 10.93% 1-year volatility. There are 22 mutual funds in the Options Trading category with lower 1-year volatility, going as low as 0.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | 0.84% | — | Nov 2016 | IPSAX vs PPFIX | |
| Rational Tactical Return Fund | 3.49% | — | Apr 2007 | IPSAX vs HRSTX | |
| North SquareTrilogy Alternative Return Fund | 3.65% | — | Apr 2012 | IPSAX vs STTIX | |
| MAI Managed Volatility Fund | 4.70% | — | Sep 2010 | IPSAX vs MAIPX | |
| Beacon Planned Return Strategy Fund | 5.14% | — | Oct 2017 | IPSAX vs BPRLX |
Lowest Drawdown Alternatives to IPSAX
IPSAX has a 1-year max drawdown of -12.09%. There are 23 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 | |
| Rational Tactical Return Fund | -2.42% | — | Apr 2007 | IPSAX vs HRSTX | |
| North SquareTrilogy Alternative Return Fund | -2.86% | — | Apr 2012 | IPSAX vs STTIX | |
| 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 | 33 | 10.22% | — | Oct 2013 | IPSAX vs WPLCX |
Often Compared With IPSAX
Investors most often compare IPSAX with SPYG, VOO, SHIIX. These 5 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 57 | 13.75% | 53.61B | Sep 2000 | IPSAX vs SPYG | |
| Vanguard S&P 500 ETF | S&P 500 | 70 | 10.91% | 1.60T | Sep 2010 | IPSAX vs VOO | |
| Catalyst Buffered Shield Fund | Options Trading | 85 | 4.69% | — | Apr 2015 | IPSAX vs SHIIX | |
| Cavanal Hill Hedged Income Fund | Options Trading | 55 | 6.46% | — | Dec 2020 | IPSAX vs APLIX | |
| Cboe Vest US Large Cap 10% Buffer Fund | Options Trading | 66 | 6.52% | — | Aug 2016 | IPSAX vs BUIGX |
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