Russell Investments Multi-Strategy Income Fund (RMYYX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RMYYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RMYYX
RMYYX charges 0.57% annually. There are 218 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | RMYYX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | RMYYX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | RMYYX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | RMYYX vs VBAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | RMYYX vs VTMFX |
Best Risk-Adjusted Alternatives to RMYYX
RMYYX has a PortfoliosLab risk / return rank of 79. There are 87 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | RMYYX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | RMYYX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | RMYYX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | RMYYX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | RMYYX vs FSRRX |
Top Performing RMYYX Alternatives (YTD)
RMYYX is at 5.76% YTD. There are 306 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.12% | — | Jan 1998 | RMYYX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | RMYYX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | RMYYX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | RMYYX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | RMYYX vs BRUFX |
Lowest Volatility Alternatives to RMYYX
RMYYX has 5.59% 1-year volatility. There are 72 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | RMYYX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | RMYYX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | RMYYX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | RMYYX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | RMYYX vs CSTAX |
Lowest Drawdown Alternatives to RMYYX
RMYYX has a 1-year max drawdown of -5.65%. There are 184 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | RMYYX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | RMYYX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | RMYYX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | RMYYX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | RMYYX vs CSTAX |
Other Mutual Funds from Russell
The 10 most viewed Russell mutual funds shown here include REBYX, RLVSX, RGIYX and span 10 categories.
Often Compared With RMYYX
Investors most often compare RMYYX with FDFIX, RFBSX, REMSX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare RMYYX with Any Fund or Stock
Compare RMYYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RMYYX with funds that move differently
Russell Investments Multi-Strategy Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RMYYX.
Explore RMYYX Diversifiers