Easterly Hedged Equity Fund (JDIEX) 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 JDIEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JDIEX
JDIEX charges 1.26% annually. There are 17 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 | JDIEX vs EIVPX | |
| JPMorgan Hedged Equity 2 Fund Class I | 0.60% | — | Feb 2021 | JDIEX vs JHQDX | |
| JPMorgan Hedged Equity 3 Fund | 0.60% | — | Feb 2021 | JDIEX vs JHQTX | |
| Gateway Equity Call Premium Fund | 0.68% | — | Sep 2014 | JDIEX vs GCPYX | |
| Gateway Fund Class Y Shares | 0.70% | — | — | JDIEX vs GTEYX |
Best Risk-Adjusted Alternatives to JDIEX
JDIEX has a PortfoliosLab risk / return rank of 87. There are 4 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 | JDIEX vs PPFIX | |
| MAI Managed Volatility Fund | 91 | — | Sep 2010 | JDIEX vs MAIPX | |
| Glenmede Secured Options Portfolio | 91 | — | Jun 2010 | JDIEX vs GTSOX | |
| Parametric Volatility Risk Premium - Defensive Fun... | 89 | — | Feb 2017 | JDIEX vs EIVPX | |
| Gateway Equity Call Premium Fund | 86 | — | Sep 2014 | JDIEX vs GCPYX |
Top Performing JDIEX Alternatives (YTD)
JDIEX is at 8.01% YTD. There are 2 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 | JDIEX vs QQQX | |
| AlphaCentric Premium Opportunity Fund | 9.76% | — | Sep 2016 | JDIEX vs HMXIX | |
| Glenmede Secured Options Portfolio | 7.81% | — | Jun 2010 | JDIEX vs GTSOX | |
| Gateway Equity Call Premium Fund | 7.32% | — | Sep 2014 | JDIEX vs GCPYX | |
| JPMorgan Hedged Equity 2 Fund Class I | 7.21% | — | Feb 2021 | JDIEX vs JHQDX |
Lowest Volatility Alternatives to JDIEX
JDIEX has 6.56% 1-year volatility. There are 9 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 | JDIEX vs PPFIX | |
| North SquareTrilogy Alternative Return Fund | 3.59% | — | Apr 2012 | JDIEX vs STTIX | |
| MAI Managed Volatility Fund | 4.86% | — | Sep 2010 | JDIEX vs MAIPX | |
| Beacon Planned Return Strategy Fund | 5.18% | — | Oct 2017 | JDIEX vs BPRLX | |
| Rational Tactical Return Fund | 5.27% | — | Apr 2007 | JDIEX vs HRSTX |
Lowest Drawdown Alternatives to JDIEX
JDIEX has a 1-year max drawdown of -3.49%. There are 4 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 | JDIEX vs PPFIX | |
| North SquareTrilogy Alternative Return Fund | -2.86% | — | Apr 2012 | JDIEX vs STTIX | |
| Rational Tactical Return Fund | -3.09% | — | Apr 2007 | JDIEX vs HRSTX | |
| MAI Managed Volatility Fund | -3.10% | — | Sep 2010 | JDIEX vs MAIPX | |
| Parametric Volatility Risk Premium - Defensive Fun... | -3.81% | — | Feb 2017 | JDIEX vs EIVPX |
Other Mutual Funds from James Alpha Advisors
The 2 most viewed James Alpha Advisors mutual funds shown here include JSVIX, JAREX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Easterly Income Opportunities Fund | Multisector Bonds | 81 | 0.51% | — | Aug 2018 | JDIEX vs JSVIX | |
| Easterly Global Real Estate Fund | REIT | 12 | 12.00% | — | Oct 2009 | JDIEX vs JAREX |
Often Compared With JDIEX
Investors most often compare JDIEX with JHEQX, QQQH, FTLS. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare JDIEX with Any Fund or Stock
Compare JDIEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JDIEX with funds that move differently
Easterly Hedged Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JDIEX.
Explore JDIEX Diversifiers