ALPS/Red Rocks Global Opportunity Fund (LPEFX) belongs to the Global Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LPEFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LPEFX
LPEFX charges 1.46% annually. There are 228 mutual funds in the Global Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Global Equity Allocation Fund | 0.01% | — | Nov 1996 | LPEFX vs GMGEX | |
| GMO Global Developed Equity Allocation Fund | 0.01% | — | Jun 2005 | LPEFX vs GWOAX | |
| State Street Global All Cap Equity ex-U.S. Index F... | 0.07% | — | Sep 2014 | LPEFX vs SSGLX | |
| Vanguard Total World Stock Index Fund Admiral Shar... | 0.09% | 95.30B | Feb 2019 | LPEFX vs VTWAX | |
| USAA Cornerstone Equity Fund | 0.09% | — | Jun 2012 | LPEFX vs UCEQX |
Best Risk-Adjusted Alternatives to LPEFX
LPEFX has a PortfoliosLab risk / return rank of 2. There are 240 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LSV Global Value Fund | 95 | — | Jun 2014 | LPEFX vs LVAGX | |
| Polaris Global Value Fund | 93 | — | May 1998 | LPEFX vs PGVFX | |
| MainStay Epoch Global Equity Yield Fund | 92 | — | Dec 2005 | LPEFX vs EPSYX | |
| GMO Global Equity Allocation Fund | 91 | — | Nov 1996 | LPEFX vs GMGEX | |
| John Hancock Global Shareholder Yield Fund | 91 | — | Feb 2007 | LPEFX vs JGYIX |
Top Performing LPEFX Alternatives (YTD)
LPEFX is at -7.73% YTD. There are 244 mutual funds in the Global Equities category with higher YTD returns, going as high as 42.58%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Global Technology Fund I Class | 42.58% | — | Nov 2016 | LPEFX vs PGTIX | |
| Oberweis Global Opportunities Fund | 31.52% | — | Jan 1987 | LPEFX vs OBEGX | |
| Ariel Global Fund | 26.71% | — | Dec 2011 | LPEFX vs AGLOX | |
| T. Rowe Price Global Stock Fund | 24.54% | — | Dec 1995 | LPEFX vs PRGSX | |
| Fidelity Advisor Worldwide Fund Class Z | 24.23% | — | Oct 2018 | LPEFX vs FIQOX |
Lowest Volatility Alternatives to LPEFX
LPEFX has 18.29% 1-year volatility. There are 211 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 7.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Global Minimum Volatility Fund Investor S... | 7.03% | 2.00B | Dec 2013 | LPEFX vs VMVFX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 7.05% | 2.00B | Dec 2013 | LPEFX vs VMNVX | |
| SEI Institutional Managed Trust Global Managed Vol... | 7.20% | — | Jul 2006 | LPEFX vs SVTAX | |
| MFS Global Total Return Fund Class I | 7.57% | — | Sep 1990 | LPEFX vs MFWIX | |
| SEI Institutional Investments Trust Global Managed... | 7.69% | — | Jan 2016 | LPEFX vs SGMAX |
Lowest Drawdown Alternatives to LPEFX
LPEFX has a 1-year max drawdown of -22.00%. There are 238 mutual funds in the Global Equities category with shallower 1-year drawdowns, going as shallow as -5.21%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | -5.21% | — | Jun 2019 | LPEFX vs RTXAX | |
| LSV Global Managed Volatility Fund | -5.76% | — | Jun 2014 | LPEFX vs LVAFX | |
| SEI Institutional Investments Trust Global Managed... | -5.88% | — | Jan 2016 | LPEFX vs SGMAX | |
| Cohen & Steers Global Infrastructure Fund Class A | -5.99% | — | Aug 2017 | LPEFX vs CSUAX | |
| SEI Institutional Managed Trust Global Managed Vol... | -5.99% | — | Jul 2006 | LPEFX vs SVTAX |
Other Mutual Funds from ALPS
The 8 most viewed ALPS mutual funds shown here include INDAX, RLIIX, JCRAX and span 7 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ALPS/Kotak India ESG Fund | Asia Pacific Equities | 1 | -10.69% | 4.59M | Feb 2011 | LPEFX vs INDAX | |
| RiverFront Asset Allocation Growth & Income | Diversified Portfolio | 70 | 7.49% | — | Aug 2010 | LPEFX vs RLIIX | |
| ALPS/CoreCommodity Management CompleteCommoditiesS... | Commodities | 59 | 15.31% | 16.45M | Jun 2010 | LPEFX vs JCRAX | |
| ALPS/Smith Balanced Opportunity Fund | Diversified Portfolio | 75 | 8.39% | — | Sep 2020 | LPEFX vs ALIBX | |
| ALPS/Smith Total Return Bond Fund | Intermediate Core-Plus Bond | — | — | 3.25B | Jun 2018 | LPEFX vs SMTRX | |
| ALPS/Red Rocks Global Opportunity Portfolio | Global Equities | 1 | -9.29% | — | Oct 2014 | LPEFX vs AVPEX | |
| ALPS/Smith Short Duration Bond Fund | Short-Term Bond | 84 | 0.55% | 630.45M | Jun 2018 | LPEFX vs SMRSX | |
| ALPS/Smith Credit Opportunities Fund | Multisector Bonds | 40 | 1.08% | — | Sep 2020 | LPEFX vs SMCVX |
Often Compared With LPEFX
Investors most often compare LPEFX with PSP, FGIAX, CAEIX. These 19 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare LPEFX with Any Fund or Stock
Compare LPEFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LPEFX with funds that move differently
ALPS/Red Rocks Global Opportunity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LPEFX.
Explore LPEFX Diversifiers