Donoghue Forlines Tactical Income Fund (PWRIX) 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 PWRIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PWRIX
PWRIX charges 1.53% annually. There are 57 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 | PWRIX vs PMOTX | |
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | PWRIX vs GMODX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | PWRIX vs SUBFX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | PWRIX vs FPFIX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | PWRIX vs PUTIX |
Best Risk-Adjusted Alternatives to PWRIX
PWRIX has a PortfoliosLab risk / return rank of 13. There are 67 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 | PWRIX vs CBYYX | |
| PGIM Securitized Credit Fund | 99 | — | Jun 2019 | PWRIX vs SCFZX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | PWRIX vs APFPX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | PWRIX vs EIGMX | |
| DoubleLine Flexible Income Fund | 98 | — | Apr 2014 | PWRIX vs DFLEX |
Top Performing PWRIX Alternatives (YTD)
PWRIX is at -0.25% YTD. There are 66 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 6.50%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 6.50% | — | Aug 2010 | PWRIX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 4.57% | — | Apr 2015 | PWRIX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 4.15% | — | Jun 2007 | PWRIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 4.00% | — | Mar 2022 | PWRIX vs APFPX | |
| Anchor Risk Managed Credit Strategies Fund | 3.86% | — | Sep 2015 | PWRIX vs ATCSX |
Lowest Volatility Alternatives to PWRIX
PWRIX has 2.09% 1-year volatility. There are 14 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 | PWRIX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.23% | — | Jan 2023 | PWRIX vs CBYYX | |
| DoubleLine Flexible Income Fund | 1.31% | — | Apr 2014 | PWRIX vs DFLEX | |
| GMO Opportunistic Income Fund | 1.35% | — | Oct 2011 | PWRIX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.36% | — | Sep 2011 | PWRIX vs BGCIX |
Lowest Drawdown Alternatives to PWRIX
PWRIX has a 1-year max drawdown of -2.09%. There are 37 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 | PWRIX vs CBYYX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | PWRIX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | PWRIX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | PWRIX vs GMODX | |
| PGIM Absolute Return Bond Fund | -0.76% | — | Mar 2011 | PWRIX vs PADZX |
Other Mutual Funds from Donoghue Forlines LLC
The 4 most viewed Donoghue Forlines LLC mutual funds shown here include MOJOX, FLOTX, GTAIX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Donoghue Forlines Momentum Fund | Tactical Allocation | 87 | 34.70% | — | Dec 2016 | PWRIX vs MOJOX | |
| Donoghue Forlines Risk Managed Income Fund | Bank Loan | 38 | -0.55% | — | Dec 2017 | PWRIX vs FLOTX | |
| Donoghue Forlines Tactical Allocation Fund | Tactical Allocation | 88 | 11.71% | — | Apr 2018 | PWRIX vs GTAIX | |
| Donoghue Forlines Dividend Fund | Tactical Allocation | 72 | 10.36% | — | Nov 2013 | PWRIX vs PWDIX |
Often Compared With PWRIX
Investors most often compare PWRIX with AFLIX, TUIFX, RPIDX. These 5 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Anfield Universal Fixed Income Fund | Nontraditional Bonds | 94 | 1.31% | — | Jun 2013 | PWRIX vs AFLIX | |
| Toews Unconstrained Income Fund | Nontraditional Bonds | 50 | 0.38% | — | Aug 2013 | PWRIX vs TUIFX | |
| T. Rowe Price Dynamic Credit Fund | Nontraditional Bonds | 83 | 0.81% | — | Jan 2019 | PWRIX vs RPIDX | |
| Templeton Global Total Return Fund | Nontraditional Bonds | 22 | 2.21% | — | Sep 2008 | PWRIX vs TTRZX | |
| Wavelength Interest Rate Neutral Fund | Nontraditional Bonds | 80 | 3.33% | — | Sep 2013 | PWRIX vs WAVLX |
Compare PWRIX with Any Fund or Stock
Compare PWRIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PWRIX with funds that move differently
Donoghue Forlines Tactical Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PWRIX.
Explore PWRIX Diversifiers