Catalyst/Millburn Hedge Strategy Fund (MBXAX) belongs to the Macro Trading category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MBXAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MBXAX
MBXAX charges 2.18% annually. There are 14 mutual funds in the Macro Trading category with lower expense ratios, going as low as 0.78%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Global Absolute Return Strategies Fund | 0.78% | — | Oct 1990 | MBXAX vs CGFIX | |
| Fulcrum Diversified Absolute Return Fund | 1.04% | — | Jul 2015 | MBXAX vs FARYX | |
| MFS Global Alternative Strategy Fund | 1.05% | — | Dec 2007 | MBXAX vs DVRIX | |
| BlackRock Tactical Opportunities Fund | 1.08% | — | Dec 1988 | MBXAX vs PCBAX | |
| AQR Macro Opportunities Fund | 1.20% | — | Apr 2014 | MBXAX vs QGMIX |
Best Risk-Adjusted Alternatives to MBXAX
MBXAX has a PortfoliosLab risk / return rank of 92. There is 1 mutual fund in the Macro Trading category with a higher risk-adjusted rank, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 97 | — | Dec 2012 | MBXAX vs EGRAX | |
| Quantified Alternative Investment Fund | 81 | — | Aug 2013 | MBXAX vs QALTX | |
| OnTrack Core Fund | 78 | — | Jan 2013 | MBXAX vs OTRFX | |
| Standpoint Multi-Asset Fund Investor Class | 75 | — | Dec 2019 | MBXAX vs REMIX | |
| BlackRock Tactical Opportunities Fund | 72 | — | Dec 1988 | MBXAX vs PCBAX |
Top Performing MBXAX Alternatives (YTD)
MBXAX is at 13.33% YTD. There are 2 mutual funds in the Macro Trading category with higher YTD returns, going as high as 16.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Standpoint Multi-Asset Fund Investor Class | 16.82% | — | Dec 2019 | MBXAX vs REMIX | |
| Rational/ReSolve Adaptive Asset Allocation Fund | 13.51% | — | Sep 2016 | MBXAX vs RDMIX | |
| JHancock Diversified Macro Fund | 10.70% | — | Jul 2019 | MBXAX vs JDJIX | |
| BlackRock Tactical Opportunities Fund | 10.12% | — | Dec 1988 | MBXAX vs PCBAX | |
| Campbell Systematic Macro Fund Class I Shares | 9.19% | — | Mar 2013 | MBXAX vs EBSIX |
Lowest Volatility Alternatives to MBXAX
MBXAX has 7.03% 1-year volatility. There are 8 mutual funds in the Macro Trading category with lower 1-year volatility, going as low as 3.15%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Global Absolute Return Strategies Fund | 3.15% | — | Oct 1990 | MBXAX vs CGFIX | |
| MFS Global Alternative Strategy Fund | 3.53% | — | Dec 2007 | MBXAX vs DVRIX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 3.56% | — | Dec 2012 | MBXAX vs EGRAX | |
| Dunham Dynamic Macro Fund | 4.05% | — | Apr 2010 | MBXAX vs DNAVX | |
| OnTrack Core Fund | 4.15% | — | Jan 2013 | MBXAX vs OTRFX |
Lowest Drawdown Alternatives to MBXAX
MBXAX has a 1-year max drawdown of -3.89%. There are 7 mutual funds in the Macro Trading category with shallower 1-year drawdowns, going as shallow as -2.13%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dunham Dynamic Macro Fund | -2.13% | — | Apr 2010 | MBXAX vs DNAVX | |
| abrdn Global Absolute Return Strategies Fund | -2.78% | — | Oct 1990 | MBXAX vs CGFIX | |
| OnTrack Core Fund | -3.02% | — | Jan 2013 | MBXAX vs OTRFX | |
| BlackRock Tactical Opportunities Fund | -3.04% | — | Dec 1988 | MBXAX vs PCBAX | |
| MFS Global Alternative Strategy Fund | -3.08% | — | Dec 2007 | MBXAX vs DVRIX |
Other Mutual Funds from Catalyst Mutual Funds
The 10 most viewed Catalyst Mutual Funds mutual funds shown here include MBXIX, ATRFX, CLPAX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Catalyst/Millburn Hedge Strategy Fund Class I | Hedge Fund | 92 | 13.48% | — | Dec 1996 | MBXAX vs MBXIX | |
| Catalyst Systematic Alpha Class I | Multistrategy | 8 | -0.84% | — | Jul 2014 | MBXAX vs ATRFX | |
| Catalyst Nasdaq-100 Hedged Equity Fund | Derivative Income | 44 | 17.37% | — | Dec 2013 | MBXAX vs CLPAX | |
| Catalyst/SMH Total Return Income Fund | Diversified Portfolio | 38 | 5.99% | — | May 2008 | MBXAX vs TRIFX | |
| Catalyst/SMH High Income Fund | High Yield Bonds | 86 | 3.13% | — | May 2008 | MBXAX vs HIIFX | |
| Catalyst/CIFC Floating Rate Income Fund | Bank Loan | 62 | 0.93% | — | Dec 2012 | MBXAX vs CFRIX | |
| Catalyst Insider Buying Fund | Large Cap Growth Equities | 12 | 16.16% | — | Jul 2011 | MBXAX vs INSAX | |
| Catalyst Energy Infrastructure Fund | Energy Equities | 14 | 29.00% | — | Dec 2014 | MBXAX vs MLXIX | |
| Catalyst/MAP Global Balanced Fund | Global Allocation | 54 | 5.93% | — | Jul 2011 | MBXAX vs TRXAX | |
| Catalyst Dynamic Alpha Fund | Large Cap Growth Equities | 46 | 22.91% | — | Dec 2011 | MBXAX vs CPEAX |
Often Compared With MBXAX
Investors most often compare MBXAX with SPY, AIVSX, AIQ. These 13 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare MBXAX with Any Fund or Stock
Compare MBXAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MBXAX with funds that move differently
Catalyst/Millburn Hedge Strategy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MBXAX.
Explore MBXAX Diversifiers