Pioneer Flexible Opportunities Fund (PMYRX) belongs to the Tactical Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PMYRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PMYRX
PMYRX charges 0.90% annually. There are 16 mutual funds in the Tactical Allocation category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs Growth and Income Strategy Portfolio | 0.19% | — | Jan 1998 | PMYRX vs GOIIX | |
| Goldman Sachs Balanced Strategy Portfolio | 0.19% | — | Jan 1998 | PMYRX vs GIPIX | |
| PIMCO All Asset All Authority Fund | 0.21% | — | Oct 2003 | PMYRX vs PAUIX | |
| Columbia Thermostat Fund | 0.24% | — | Sep 2002 | PMYRX vs COTZX | |
| GuidePath Flexible Income Allocation Fund | 0.50% | — | Aug 2012 | PMYRX vs GPIFX |
Best Risk-Adjusted Alternatives to PMYRX
PMYRX has a PortfoliosLab risk / return rank of 75. There are 22 mutual funds in the Tactical Allocation category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| RESQ Dynamic Allocation Fund | 95 | — | Dec 2013 | PMYRX vs RQEIX | |
| Invesco Balanced-Risk Allocation Fund | 95 | — | Jun 2009 | PMYRX vs ABRYX | |
| Invesco Balanced-Risk Allocation Fund Class A | 95 | — | Jun 2009 | PMYRX vs ABRZX | |
| Potomac Defensive Bull Fund | 94 | — | Jun 2020 | PMYRX vs CRDBX | |
| AQR Diversifying Strategies Fund Class N | 93 | — | Jun 2020 | PMYRX vs QDSNX |
Top Performing PMYRX Alternatives (YTD)
PMYRX is at 6.02% YTD. There are 57 mutual funds in the Tactical Allocation category with higher YTD returns, going as high as 54.73%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quantified Evolution Plus Fund | 54.73% | — | Sep 2019 | PMYRX vs QEVOX | |
| Donoghue Forlines Momentum Fund | 34.70% | — | Dec 2016 | PMYRX vs MOJOX | |
| Teberg Fund | 26.95% | — | Mar 2002 | PMYRX vs TEBRX | |
| Invesco Balanced-Risk Allocation Fund | 20.33% | — | Jun 2009 | PMYRX vs ABRYX | |
| Invesco Balanced-Risk Allocation Fund Class A | 20.22% | — | Jun 2009 | PMYRX vs ABRZX |
Lowest Volatility Alternatives to PMYRX
PMYRX has 8.44% 1-year volatility. There are 28 mutual funds in the Tactical Allocation category with lower 1-year volatility, going as low as 2.41%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | 2.41% | — | Aug 2012 | PMYRX vs GPIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 2.59% | — | Apr 2012 | PMYRX vs SIOAX | |
| Goldman Sachs TacticalTiltOverlayFund | 2.75% | — | Jul 2014 | PMYRX vs TTIFX | |
| Hundredfold Select Alternative Fund Investor Class | 4.54% | — | — | PMYRX vs HFSAX | |
| Hundredfold Select Alternative Fund | 4.54% | — | Aug 2004 | PMYRX vs SFHYX |
Lowest Drawdown Alternatives to PMYRX
PMYRX has a 1-year max drawdown of -6.24%. There are 32 mutual funds in the Tactical Allocation category with shallower 1-year drawdowns, going as shallow as -1.69%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | -1.69% | — | Aug 2012 | PMYRX vs GPIFX | |
| AQR Diversifying Strategies Fund Class N | -1.97% | — | Jun 2020 | PMYRX vs QDSNX | |
| Goldman Sachs TacticalTiltOverlayFund | -2.11% | — | Jul 2014 | PMYRX vs TTIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | -2.34% | — | Apr 2012 | PMYRX vs SIOAX | |
| Hussman Strategic Total Return Fund | -2.42% | — | Sep 2002 | PMYRX vs HSTRX |
Other Mutual Funds from Amundi
The 10 most viewed Amundi mutual funds shown here include PMFYX, PIODX, PMAIX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund | Global Allocation | 90 | 5.70% | — | Dec 2011 | PMYRX vs PMFYX | |
| Pioneer Fund | Large Cap Blend Equities | 68 | 12.68% | — | Feb 1928 | PMYRX vs PIODX | |
| Pioneer Multi-Asset Income Fund A | Diversified Portfolio, Dividend | 89 | 5.53% | — | Dec 2011 | PMYRX vs PMAIX | |
| Pioneer Core Equity Fund | Large Cap Blend Equities | 63 | 10.92% | — | Nov 1999 | PMYRX vs PIOTX | |
| Pioneer ILS Interval Fund | High Yield Bonds | 100 | 7.97% | — | Dec 2014 | PMYRX vs XILSX | |
| Pioneer Disciplined Growth Fund | Large Cap Growth Equities | 45 | 12.25% | — | Dec 2005 | PMYRX vs PINDX | |
| Pioneer Fundamental Growth Fund | Large Cap Growth Equities | 16 | 4.89% | — | Aug 2002 | PMYRX vs PIGFX | |
| Pioneer Multi-Asset Ultrashort Income Fund | Ultrashort Bond | 98 | 1.73% | — | Apr 2011 | PMYRX vs MYFRX | |
| Pioneer Mid Cap Value Fund | Mid Cap Value Equities | 57 | 12.11% | — | Jul 1990 | PMYRX vs PCGRX | |
| Pioneer Global Sustainable Equity Fund Class A | Global Equities, Sustainable | 88 | 15.61% | — | Dec 2005 | PMYRX vs GLOSX |
Often Compared With PMYRX
Investors most often compare PMYRX with AMZA, SPMO, AGEPX. These 13 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare PMYRX with Any Fund or Stock
Compare PMYRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PMYRX with funds that move differently
Pioneer Flexible Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PMYRX.
Explore PMYRX Diversifiers