Aspiriant Defensive Allocation Fund (RMDFX) belongs to the Multistrategy category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RMDFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RMDFX
RMDFX charges 0.18% annually. No mutual funds in the Multistrategy category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Symmetry Panoramic Alternatives Fund | 0.50% | — | Nov 2018 | RMDFX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | — | Feb 2018 | RMDFX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | — | May 2019 | RMDFX vs GAAVX | |
| Allspring Alternative Risk Premia Fund | 0.72% | — | Jan 2019 | RMDFX vs WRPIX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.72% | — | Jan 2009 | RMDFX vs JAAAX |
Best Risk-Adjusted Alternatives to RMDFX
RMDFX has a PortfoliosLab risk / return rank of 96. There are 13 mutual funds in the Multistrategy category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Stone Ridge Reinsurance Risk Premium Interval Fund | 100 | — | Dec 2013 | RMDFX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | RMDFX vs ARBIX | |
| Strategic Advisers Alternatives Fund | 99 | — | Jul 2022 | RMDFX vs FSLTX | |
| AQR Diversified Arbitrage Fund Class I | 99 | — | Jan 2009 | RMDFX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 99 | — | Jan 2009 | RMDFX vs ADANX |
Top Performing RMDFX Alternatives (YTD)
RMDFX is at 6.57% YTD. There are 19 mutual funds in the Multistrategy category with higher YTD returns, going as high as 17.83%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Alternative Risk Premia R6 | 17.83% | — | Sep 2017 | RMDFX vs QRPRX | |
| AQR Alternative Risk Premia Fund | 17.69% | — | Sep 2017 | RMDFX vs QRPIX | |
| AQR Alternative Risk Premia Fund Class N | 17.60% | — | Sep 2017 | RMDFX vs QRPNX | |
| AQR Style Premia Alternative Fund | 12.37% | — | Oct 2013 | RMDFX vs QSPIX | |
| AQR Style Premia Alternative R6 | 12.28% | — | Sep 2014 | RMDFX vs QSPRX |
Lowest Volatility Alternatives to RMDFX
RMDFX has 4.83% 1-year volatility. There are 24 mutual funds in the Multistrategy category with lower 1-year volatility, going as low as 1.22%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.22% | — | Aug 2017 | RMDFX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class N | 1.46% | — | Jan 2009 | RMDFX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | 1.46% | — | Jan 2009 | RMDFX vs ADAIX | |
| Morningstar Alternatives Fund | 2.32% | — | Nov 2018 | RMDFX vs MSTVX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 2.36% | — | Feb 2013 | RMDFX vs SHRIX |
Lowest Drawdown Alternatives to RMDFX
RMDFX has a 1-year max drawdown of -4.19%. There are 30 mutual funds in the Multistrategy category with shallower 1-year drawdowns, going as shallow as -0.39%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Diversified Arbitrage Fund Class N | -0.39% | — | Jan 2009 | RMDFX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | -0.46% | — | Jan 2009 | RMDFX vs ADAIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | — | Aug 2017 | RMDFX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | — | Dec 2013 | RMDFX vs SRRIX | |
| Strategic Advisers Alternatives Fund | -0.86% | — | Jul 2022 | RMDFX vs FSLTX |
Other Mutual Funds from Aspiriant
The 1 most viewed Aspiriant mutual funds shown here include RMEAX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Aspiriant Risk-Managed Equity Allocation Fund | Global Equities | 52 | 7.93% | — | Apr 2013 | RMDFX vs RMEAX |
Often Compared With RMDFX
Investors most often compare RMDFX with FSHNX, BINC, EGRIX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare RMDFX with Any Fund or Stock
Compare RMDFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RMDFX with funds that move differently
Aspiriant Defensive Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RMDFX.
Explore RMDFX Diversifiers