Loomis Sayles Strategic Alpha Fund (LASYX) belongs to the Nontraditional Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LASYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LASYX
LASYX charges 0.75% annually. There are 20 mutual funds in the Nontraditional Bonds category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | LASYX vs PMOTX | |
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | LASYX vs GMODX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | LASYX vs SUBFX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | LASYX vs PUTIX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | LASYX vs FPFIX |
Best Risk-Adjusted Alternatives to LASYX
LASYX has a PortfoliosLab risk / return rank of 25. There are 59 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | LASYX vs CBYYX | |
| PGIM Securitized Credit Fund | 100 | — | Jun 2019 | LASYX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | LASYX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | LASYX vs APFPX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 98 | — | Aug 2010 | LASYX vs EGRIX |
Top Performing LASYX Alternatives (YTD)
LASYX is at -0.07% YTD. There are 67 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 8.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 8.47% | — | Aug 2010 | LASYX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 5.69% | — | Apr 2015 | LASYX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 5.19% | — | Jun 2007 | LASYX vs EIGMX | |
| Artisan Global Unconstrained Fund | 4.29% | — | Mar 2022 | LASYX vs APFPX | |
| T. Rowe Price Dynamic Global Bond Fund | 4.28% | — | Jan 2015 | LASYX vs RPIEX |
Lowest Volatility Alternatives to LASYX
LASYX has 2.99% 1-year volatility. There are 43 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 1.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dunham Long/Short Credit Fund | 1.00% | — | Dec 2004 | LASYX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.23% | — | Jan 2023 | LASYX vs CBYYX | |
| GMO Opportunistic Income Fund | 1.32% | — | Oct 2011 | LASYX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.35% | — | Sep 2011 | LASYX vs BGCIX | |
| DoubleLine Flexible Income Fund | 1.37% | — | Apr 2014 | LASYX vs DFLEX |
Lowest Drawdown Alternatives to LASYX
LASYX has a 1-year max drawdown of -2.90%. There are 57 mutual funds in the Nontraditional Bonds category with shallower 1-year drawdowns, going as shallow as -0.09%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.09% | — | Jan 2023 | LASYX vs CBYYX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | LASYX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | LASYX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | LASYX vs GMODX | |
| PGIM Absolute Return Bond Fund | -0.86% | — | Mar 2011 | LASYX vs PADZX |
Other Mutual Funds from Natixis
The 10 most viewed Natixis mutual funds shown here include LSGRX, LSIIX, LGRRX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Loomis Sayles Growth Fund | Large Cap Growth Equities | 5 | -4.03% | — | May 1991 | LASYX vs LSGRX | |
| Loomis Sayles Investment Grade Bond Fund Class Y | Total Bond Market | 15 | 0.48% | — | Dec 1996 | LASYX vs LSIIX | |
| Loomis Sayles Growth Fund | Large Cap Growth Equities | 4 | -4.17% | — | Feb 2013 | LASYX vs LGRRX | |
| AlphaSimplex Global Alternatives Fund | Multistrategy | 52 | 8.35% | — | Sep 2008 | LASYX vs GAFYX | |
| Loomis Sayles Core Plus Bond Fund | Intermediate Core-Plus Bond | 20 | 0.31% | — | Nov 1973 | LASYX vs NEFRX | |
| Mirova Global Sustainable Equity Fund | Global Equities | 12 | 1.72% | — | Mar 2016 | LASYX vs ESGYX | |
| Gateway Fund | Options Trading | 69 | 4.53% | — | Dec 1977 | LASYX vs GATEX | |
| Gateway Equity Call Premium Fund | Options Trading | 85 | 6.15% | — | Sep 2014 | LASYX vs GCPYX | |
| Natixis Funds Trust I U.S. Equity Opportunities Fu... | Large Cap Growth Equities | 12 | 0.25% | — | Jul 1994 | LASYX vs NEFSX | |
| Natixis Funds Trust II Oakmark Fund | Large Cap Value Equities | 21 | 3.17% | — | May 1931 | LASYX vs NEFOX |
Often Compared With LASYX
Investors most often compare LASYX with GTEYX, AFLIX, TTRZX. These 5 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Gateway Fund Class Y Shares | Options Trading | 71 | 4.64% | — | — | LASYX vs GTEYX | |
| Anfield Universal Fixed Income Fund | Nontraditional Bonds | 95 | 1.58% | — | Jun 2013 | LASYX vs AFLIX | |
| Templeton Global Total Return Fund | Nontraditional Bonds | 20 | 2.70% | — | Sep 2008 | LASYX vs TTRZX | |
| Wavelength Interest Rate Neutral Fund | Nontraditional Bonds | 63 | 2.47% | — | Sep 2013 | LASYX vs WAVLX | |
| Anchor Risk Managed Credit Strategies Fund | Nontraditional Bonds | 23 | 1.16% | — | Sep 2015 | LASYX vs ATCSX |
Compare LASYX with Any Fund or Stock
Compare LASYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LASYX with funds that move differently
Loomis Sayles Strategic Alpha Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LASYX.
Explore LASYX Diversifiers