New Alternatives Fund (NALFX) 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 NALFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NALFX
NALFX charges 0.89% annually. There are 90 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 | NALFX vs GMGEX | |
| GMO Global Developed Equity Allocation Fund | 0.01% | — | Jun 2005 | NALFX vs GWOAX | |
| State Street Global All Cap Equity ex-U.S. Index F... | 0.07% | — | Sep 2014 | NALFX vs SSGLX | |
| Vanguard Total World Stock Index Fund Admiral Shar... | 0.09% | 95.30B | Feb 2019 | NALFX vs VTWAX | |
| USAA Cornerstone Equity Fund | 0.09% | — | Jun 2012 | NALFX vs UCEQX |
Best Risk-Adjusted Alternatives to NALFX
NALFX has a PortfoliosLab risk / return rank of 63. There are 73 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 | NALFX vs LVAGX | |
| Polaris Global Value Fund | 93 | — | May 1998 | NALFX vs PGVFX | |
| MainStay Epoch Global Equity Yield Fund | 92 | — | Dec 2005 | NALFX vs EPSYX | |
| GMO Global Equity Allocation Fund | 91 | — | Nov 1996 | NALFX vs GMGEX | |
| John Hancock Global Shareholder Yield Fund | 91 | — | Feb 2007 | NALFX vs JGYIX |
Top Performing NALFX Alternatives (YTD)
NALFX is at 18.71% YTD. There are 29 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 | NALFX vs PGTIX | |
| Oberweis Global Opportunities Fund | 31.52% | — | Jan 1987 | NALFX vs OBEGX | |
| Ariel Global Fund | 26.71% | — | Dec 2011 | NALFX vs AGLOX | |
| T. Rowe Price Global Stock Fund | 24.54% | — | Dec 1995 | NALFX vs PRGSX | |
| Fidelity Advisor Worldwide Fund Class Z | 24.23% | — | Oct 2018 | NALFX vs FIQOX |
Lowest Volatility Alternatives to NALFX
NALFX has 15.15% 1-year volatility. There are 162 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 | NALFX vs VMVFX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 7.05% | 2.00B | Dec 2013 | NALFX vs VMNVX | |
| SEI Institutional Managed Trust Global Managed Vol... | 7.20% | — | Jul 2006 | NALFX vs SVTAX | |
| MFS Global Total Return Fund Class I | 7.57% | — | Sep 1990 | NALFX vs MFWIX | |
| SEI Institutional Investments Trust Global Managed... | 7.69% | — | Jan 2016 | NALFX vs SGMAX |
Lowest Drawdown Alternatives to NALFX
NALFX has a 1-year max drawdown of -7.53%. There are 19 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 | NALFX vs RTXAX | |
| LSV Global Managed Volatility Fund | -5.76% | — | Jun 2014 | NALFX vs LVAFX | |
| SEI Institutional Investments Trust Global Managed... | -5.88% | — | Jan 2016 | NALFX vs SGMAX | |
| Cohen & Steers Global Infrastructure Fund Class A | -5.99% | — | Aug 2017 | NALFX vs CSUAX | |
| SEI Institutional Managed Trust Global Managed Vol... | -5.99% | — | Jul 2006 | NALFX vs SVTAX |
Other Mutual Funds from New Alternatives
The 1 most viewed New Alternatives mutual funds shown here include NAEFX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| New Alternatives Fund Investor Class | Alternative Energy Equities | 62 | 18.57% | — | Sep 1982 | NALFX vs NAEFX |
Often Compared With NALFX
Investors most often compare NALFX with VOO, XLK, VTSAX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare NALFX with Any Fund or Stock
Compare NALFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NALFX with funds that move differently
New Alternatives Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NALFX.
Explore NALFX Diversifiers