SMI Dynamic Allocation Fund (SMIDX) 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 SMIDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SMIDX
SMIDX charges 1.19% annually. There are 27 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 Balanced Strategy Portfolio | 0.19% | — | Jan 1998 | SMIDX vs GIPIX | |
| Goldman Sachs Growth and Income Strategy Portfolio | 0.19% | — | Jan 1998 | SMIDX vs GOIIX | |
| PIMCO All Asset All Authority Fund | 0.21% | — | Oct 2003 | SMIDX vs PAUIX | |
| Columbia Thermostat Fund | 0.24% | — | Sep 2002 | SMIDX vs COTZX | |
| GuidePath Flexible Income Allocation Fund | 0.50% | — | Aug 2012 | SMIDX vs GPIFX |
Best Risk-Adjusted Alternatives to SMIDX
SMIDX has a PortfoliosLab risk / return rank of 54. There are 35 mutual funds in the Tactical Allocation category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Astor Dynamic Allocation Fund | 93 | — | Oct 2009 | SMIDX vs ASTIX | |
| Hussman Strategic Total Return Fund | 92 | — | Sep 2002 | SMIDX vs HSTRX | |
| Donoghue Forlines Momentum Fund | 92 | — | Dec 2016 | SMIDX vs MOJOX | |
| Donoghue Forlines Tactical Allocation Fund | 91 | — | Apr 2018 | SMIDX vs GTAIX | |
| AQR Diversifying Strategies Fund Class N | 91 | — | Jun 2020 | SMIDX vs QDSNX |
Top Performing SMIDX Alternatives (YTD)
SMIDX is at 8.09% YTD. There are 37 mutual funds in the Tactical Allocation category with higher YTD returns, going as high as 50.00%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quantified Evolution Plus Fund | 50.00% | — | Sep 2019 | SMIDX vs QEVOX | |
| Donoghue Forlines Momentum Fund | 40.75% | — | Dec 2016 | SMIDX vs MOJOX | |
| Teberg Fund | 27.65% | — | Mar 2002 | SMIDX vs TEBRX | |
| Quantified STF Fund | 25.79% | — | Nov 2015 | SMIDX vs QSTFX | |
| Potomac Defensive Bull Fund | 22.18% | — | Jun 2020 | SMIDX vs CRDBX |
Lowest Volatility Alternatives to SMIDX
SMIDX has 13.32% 1-year volatility. There are 60 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 | SMIDX vs GPIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 2.71% | — | Apr 2012 | SMIDX vs SIOAX | |
| Goldman Sachs TacticalTiltOverlayFund | 2.82% | — | Jul 2014 | SMIDX vs TTIFX | |
| Hussman Strategic Total Return Fund | 4.65% | — | Sep 2002 | SMIDX vs HSTRX | |
| Hundredfold Select Alternative Fund | 4.73% | — | Aug 2004 | SMIDX vs SFHYX |
Lowest Drawdown Alternatives to SMIDX
SMIDX has a 1-year max drawdown of -8.73%. There are 57 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 | SMIDX vs GPIFX | |
| Goldman Sachs TacticalTiltOverlayFund | -2.11% | — | Jul 2014 | SMIDX vs TTIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | -2.34% | — | Apr 2012 | SMIDX vs SIOAX | |
| Hussman Strategic Total Return Fund | -2.42% | — | Sep 2002 | SMIDX vs HSTRX | |
| Astor Dynamic Allocation Fund | -2.77% | — | Oct 2009 | SMIDX vs ASTIX |
Other Mutual Funds from SMI Funds
The 2 most viewed SMI Funds mutual funds shown here include SMIFX, SMILX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Sound Mind Investing Fund | Diversified Portfolio | 32 | 12.84% | — | Dec 2005 | SMIDX vs SMIFX | |
| SMI Multi-Strategy Fund | Diversified Portfolio | 48 | 10.09% | — | Apr 2015 | SMIDX vs SMILX |
Often Compared With SMIDX
Investors most often compare SMIDX with VOO, FEZ, QQQ. These 18 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare SMIDX with Any Fund or Stock
Compare SMIDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SMIDX with funds that move differently
SMI Dynamic Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SMIDX.
Explore SMIDX Diversifiers