Ironclad Managed Risk Fund (IRONX) 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 IRONX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IRONX
IRONX charges 1.25% annually. There are 15 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 | IRONX vs EIVPX | |
| JPMorgan Hedged Equity 2 Fund Class I | 0.60% | — | Feb 2021 | IRONX vs JHQDX | |
| JPMorgan Hedged Equity 3 Fund | 0.60% | — | Feb 2021 | IRONX vs JHQTX | |
| Gateway Equity Call Premium Fund | 0.68% | — | Sep 2014 | IRONX vs GCPYX | |
| Gateway Fund Class Y Shares | 0.70% | — | — | IRONX vs GTEYX |
Best Risk-Adjusted Alternatives to IRONX
IRONX has a PortfoliosLab risk / return rank of 43. There are 20 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 | IRONX vs PPFIX | |
| MAI Managed Volatility Fund | 93 | — | Sep 2010 | IRONX vs MAIPX | |
| Easterly Hedged Equity Fund | 91 | — | Jul 2015 | IRONX vs JDIEX | |
| Parametric Volatility Risk Premium - Defensive Fun... | 91 | — | Feb 2017 | IRONX vs EIVPX | |
| Glenmede Secured Options Portfolio | 87 | — | Jun 2010 | IRONX vs GTSOX |
Top Performing IRONX Alternatives (YTD)
IRONX is at 5.42% YTD. There are 13 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 | IRONX vs HMXIX | |
| Easterly Hedged Equity Fund | 8.68% | — | Jul 2015 | IRONX vs JDIEX | |
| Swan Defined Risk Growth Fund | 6.92% | — | Dec 2018 | IRONX vs SDAIX | |
| Swan Defined Risk Fund | 6.77% | — | Jul 2012 | IRONX vs SDRIX | |
| Calamos Hedged Equity Fund | 6.67% | — | Dec 2014 | IRONX vs CIHEX |
Lowest Volatility Alternatives to IRONX
IRONX has 8.14% 1-year volatility. There are 17 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 | IRONX vs PPFIX | |
| Rational Tactical Return Fund | 3.49% | — | Apr 2007 | IRONX vs HRSTX | |
| North SquareTrilogy Alternative Return Fund | 3.65% | — | Apr 2012 | IRONX vs STTIX | |
| MAI Managed Volatility Fund | 4.70% | — | Sep 2010 | IRONX vs MAIPX | |
| Beacon Planned Return Strategy Fund | 5.14% | — | Oct 2017 | IRONX vs BPRLX |
Lowest Drawdown Alternatives to IRONX
IRONX has a 1-year max drawdown of -5.99%. There are 16 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 | IRONX vs PPFIX | |
| Rational Tactical Return Fund | -2.42% | — | Apr 2007 | IRONX vs HRSTX | |
| North SquareTrilogy Alternative Return Fund | -2.86% | — | Apr 2012 | IRONX vs STTIX | |
| MAI Managed Volatility Fund | -3.10% | — | Sep 2010 | IRONX vs MAIPX | |
| Easterly Hedged Equity Fund | -3.49% | — | Jul 2015 | IRONX vs JDIEX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include NASDX, VFAIX, VTMFX and span 10 categories. AUM among these funds goes as high as $29B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Shelton Capital Management Nasdaq-100 Index Fund D... | Large Cap Growth Equities | 75 | 21.38% | — | Jan 2000 | IRONX vs NASDX | |
| Vanguard Financials Index Fund Admiral Shares | Financials Equities | 4 | -5.08% | 13.70B | Feb 2004 | IRONX vs VFAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | Diversified Portfolio | 81 | 6.03% | 11.90B | Sep 1994 | IRONX vs VTMFX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | Large Cap Blend Equities | 70 | 11.31% | 28.60B | Sep 1994 | IRONX vs VTCLX | |
| iShares S&P 500 Index Fund | S&P 500 | 73 | 11.69% | — | Jul 1993 | IRONX vs WFSPX | |
| BlackRock ESG Capital Allocation Term Trust | Derivative Income, ESG | 28 | 11.23% | — | Sep 2021 | IRONX vs ECAT | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 69 | 13.10% | — | May 2011 | IRONX vs LIVIX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 92 | 12.48% | — | Dec 2012 | IRONX vs BDMIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.93% | — | Dec 1991 | IRONX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 67 | 15.25% | — | Jul 2010 | IRONX vs ASFYX |
Often Compared With IRONX
Investors most often compare IRONX with MTBA, RSBT, JHQAX. These 11 comparison targets span 6 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Simplify MBS ETF | Mortgage Backed Securities | 45 | -0.23% | 1.57B | Nov 2023 | IRONX vs MTBA | |
| Return Stacked Bonds & Managed Futures ETF | Nontraditional Bonds | 66 | 10.49% | 97.11M | Feb 2023 | IRONX vs RSBT | |
| JPMorgan Hedged Equity Fund | Options Trading | 14 | -1.95% | — | Dec 2013 | IRONX vs JHQAX | |
| Return Stacked U.S. Stocks & Managed Futures ETF | Large Cap Blend Equities | 76 | 21.45% | 469.45M | Sep 2023 | IRONX vs RSST | |
| Shelton Equity Income Fund | Derivative Income | 53 | 9.64% | — | Sep 1996 | IRONX vs EQTIX | |
| State Street SPDR S&P 500 ETF | S&P 500 | 70 | 10.91% | 781.00B | Jan 1993 | IRONX vs SPY | |
| Catalyst Buffered Shield Fund | Options Trading | 85 | 4.69% | — | Apr 2015 | IRONX vs SHIIX | |
| S&P 500 Index | 73 | 10.35% | — | — | IRONX vs ^GSPC | ||
| Cavanal Hill Hedged Income Fund | Options Trading | 55 | 6.46% | — | Dec 2020 | IRONX vs APLIX | |
| Cboe Vest US Large Cap 10% Buffer Fund | Options Trading | 66 | 6.52% | — | Aug 2016 | IRONX vs BUIGX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 22 | 0.25% | — | Aug 2005 | IRONX vs BDJ |
Compare IRONX with Any Fund or Stock
Compare IRONX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IRONX with funds that move differently
Ironclad Managed Risk Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IRONX.
Explore IRONX Diversifiers