RiverNorth Opportunities Fund (RIV) Alternatives
RiverNorth Opportunities Fund (RIV) 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 RIV. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to RIV
RIV charges 2.07% annually. Among mutual funds in the Tactical Allocation category, these options have the lowest expense ratios among RIV alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Goldman Sachs Balanced Strategy Portfolio | 0.19% | Jan 1, 1998 | RIV vs GIPIX | |
| Goldman Sachs Growth and Income Strategy Portfolio | 0.19% | Jan 1, 1998 | RIV vs GOIIX | |
| PIMCO All Asset All Authority Fund | 0.21% | Oct 30, 2003 | RIV vs PAUIX | |
| Columbia Thermostat Fund | 0.24% | Sep 24, 2002 | RIV vs COTZX | |
| GuidePath Flexible Income Allocation Fund | 0.50% | Aug 30, 2012 | RIV vs GPIFX |
Best Risk-Adjusted Alternatives to RIV
Among mutual funds in the Tactical Allocation category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Hussman Strategic Total Return Fund | 97 | Sep 11, 2002 | RIV vs HSTRX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 93 | Apr 8, 2012 | RIV vs SIOAX | |
| Hundredfold Select Alternative Fund Investor Class | 93 | — | RIV vs HFSAX | |
| Conquer Risk Defensive Bull Fund | 92 | Jun 30, 2020 | RIV vs CRDBX | |
| Donoghue Forlines Momentum Fund | 92 | Dec 22, 2016 | RIV vs MOJOX |
Top Performing RIV Alternatives (YTD)
RIV alternatives from the Tactical Allocation category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Quantified Evolution Plus Fund | 38.56% | Sep 29, 2019 | RIV vs QEVOX | |
| PIMCO Dynamic Income Strategy Fund | 19.83% | Feb 1, 2019 | RIV vs PDX | |
| Donoghue Forlines Momentum Fund | 11.81% | Dec 22, 2016 | RIV vs MOJOX | |
| Invesco Balanced-Risk Allocation Fund | 11.77% | Jun 1, 2009 | RIV vs ABRYX | |
| Invesco Balanced-Risk Allocation Fund Class A | 11.64% | Jun 2, 2009 | RIV vs ABRZX |
Lowest Volatility Alternatives to RIV
RIV alternatives from the Tactical Allocation category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | 2.73% | Aug 30, 2012 | RIV vs GPIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 3.36% | Apr 8, 2012 | RIV vs SIOAX | |
| Goldman Sachs TacticalTiltOverlayFund | 4.39% | Jul 30, 2014 | RIV vs TTIFX | |
| Hundredfold Select Alternative Fund Investor Class | 4.41% | — | RIV vs HFSAX | |
| Hundredfold Select Alternative Fund | 4.41% | Aug 31, 2004 | RIV vs SFHYX |
Lowest Drawdown Alternatives to RIV
RIV alternatives from the Tactical Allocation category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Goldman Sachs TacticalTiltOverlayFund | -2.66% | Jul 30, 2014 | RIV vs TTIFX | |
| Hussman Strategic Total Return Fund | -3.14% | Sep 11, 2002 | RIV vs HSTRX | |
| SEI Institutional Managed Trust Multi-Asset Income... | -3.20% | Apr 8, 2012 | RIV vs SIOAX | |
| GuidePath Flexible Income Allocation Fund | -3.50% | Aug 30, 2012 | RIV vs GPIFX | |
| Hundredfold Select Alternative Fund Investor Class | -3.68% | — | RIV vs HFSAX |
Other Mutual Funds from RiverNorth
Most popular RiverNorth mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| RiverNorth Flexible Municipal Income Fund II Inc. | Municipal Bonds | 8 | 1.79% | — | RIV vs RFMZ | |
| RiverNorth Capital and Income Fund | High Yield Bonds | 49 | 4.23% | — | RIV vs RSF | |
| RiverNorth Opportunistic Municipal Income Fund | Municipal Bonds | 32 | 7.10% | — | RIV vs RMI | |
| RiverNorth Managed Duration Municipal Income Fund ... | Municipal Bonds | 13 | 3.01% | — | RIV vs RMMZ | |
| RiverNorth Flexible Municipal Income Fund | High Yield Muni | 9 | 2.29% | — | RIV vs RFM |
Compare RIV with Any Fund or Stock
Compare RIV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.