Spectrum Active Advantage Fund (SAPEX) 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 SAPEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SAPEX
SAPEX charges 1.69% annually. There are 55 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 | SAPEX vs GOIIX | |
| Goldman Sachs Balanced Strategy Portfolio | 0.19% | — | Jan 1998 | SAPEX vs GIPIX | |
| PIMCO All Asset All Authority Fund | 0.21% | — | Oct 2003 | SAPEX vs PAUIX | |
| Columbia Thermostat Fund | 0.24% | — | Sep 2002 | SAPEX vs COTZX | |
| GuidePath Flexible Income Allocation Fund | 0.50% | — | Aug 2012 | SAPEX vs GPIFX |
Best Risk-Adjusted Alternatives to SAPEX
SAPEX has a PortfoliosLab risk / return rank of 11. There are 73 mutual funds in the Tactical Allocation category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Astor Dynamic Allocation Fund | 92 | — | Oct 2009 | SAPEX vs ASTIX | |
| Donoghue Forlines Tactical Allocation Fund | 91 | — | Apr 2018 | SAPEX vs GTAIX | |
| Potomac Defensive Bull Fund | 90 | — | Jun 2020 | SAPEX vs CRDBX | |
| Donoghue Forlines Momentum Fund | 89 | — | Dec 2016 | SAPEX vs MOJOX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 89 | — | Apr 2012 | SAPEX vs SIOAX |
Top Performing SAPEX Alternatives (YTD)
SAPEX is at -3.60% YTD. There are 78 mutual funds in the Tactical Allocation category with higher YTD returns, going as high as 45.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quantified Evolution Plus Fund | 45.27% | — | Sep 2019 | SAPEX vs QEVOX | |
| Donoghue Forlines Momentum Fund | 40.03% | — | Dec 2016 | SAPEX vs MOJOX | |
| Teberg Fund | 28.07% | — | Mar 2002 | SAPEX vs TEBRX | |
| Quantified STF Fund | 25.47% | — | Nov 2015 | SAPEX vs QSTFX | |
| Potomac Defensive Bull Fund | 17.02% | — | Jun 2020 | SAPEX vs CRDBX |
Lowest Volatility Alternatives to SAPEX
SAPEX has 10.32% 1-year volatility. There are 43 mutual funds in the Tactical Allocation category with lower 1-year volatility, going as low as 2.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | 2.50% | — | Aug 2012 | SAPEX vs GPIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 2.67% | — | Apr 2012 | SAPEX vs SIOAX | |
| Goldman Sachs TacticalTiltOverlayFund | 2.78% | — | Jul 2014 | SAPEX vs TTIFX | |
| Hundredfold Select Alternative Fund | 4.78% | — | Aug 2004 | SAPEX vs SFHYX | |
| Hundredfold Select Alternative Fund Investor Class | 4.79% | — | — | SAPEX vs HFSAX |
Lowest Drawdown Alternatives to SAPEX
SAPEX has a 1-year max drawdown of -7.62%. There are 48 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 | SAPEX vs GPIFX | |
| AQR Diversifying Strategies Fund Class N | -1.97% | — | Jun 2020 | SAPEX vs QDSNX | |
| Goldman Sachs TacticalTiltOverlayFund | -2.11% | — | Jul 2014 | SAPEX vs TTIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | -2.34% | — | Apr 2012 | SAPEX vs SIOAX | |
| Hussman Strategic Total Return Fund | -2.42% | — | Sep 2002 | SAPEX vs HSTRX |
Other Mutual Funds from Advisors Preferred
The 10 most viewed Advisors Preferred mutual funds shown here include SVARX, OTRFX, QBDSX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Spectrum Low Volatility Fund | Nontraditional Bonds | 45 | 1.10% | — | Dec 2013 | SAPEX vs SVARX | |
| OnTrack Core Fund | Macro Trading | 80 | 4.98% | — | Jan 2013 | SAPEX vs OTRFX | |
| Quantified Managed Income Fund | Diversified Portfolio | 5 | -0.38% | — | Aug 2013 | SAPEX vs QBDSX | |
| Quantified Alternative Investment Fund | Macro Trading | 59 | 4.82% | — | Aug 2013 | SAPEX vs QALTX | |
| Kensington Managed Income Fund | Nontraditional Bonds | 58 | 1.72% | — | May 2019 | SAPEX vs KAMIX | |
| Quantified Pattern Recognition Fund | Diversified Portfolio | 14 | -7.93% | — | Aug 2019 | SAPEX vs QSPMX | |
| Quantified Common Ground Fund | Mid Cap Blend Equities | 39 | 13.65% | — | Dec 2019 | SAPEX vs QCGDX | |
| Quantified Tactical Fixed Income Fund | Nontraditional Bonds | 0 | -4.59% | — | Sep 2019 | SAPEX vs QFITX | |
| Quantified Market Leaders Fund | Tactical Allocation | 45 | 16.08% | — | Aug 2013 | SAPEX vs QMLFX | |
| Quantified Tactical Sectors Fund | Large Cap Blend Equities | 42 | 12.57% | — | Mar 2021 | SAPEX vs QTSSX |
Often Compared With SAPEX
Investors most often compare SAPEX with VOO, QQQ, ABRYX. These 13 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare SAPEX with Any Fund or Stock
Compare SAPEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SAPEX with funds that move differently
Spectrum Active Advantage Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SAPEX.
Explore SAPEX Diversifiers