SMI Multi-Strategy Fund (SMILX) 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 SMILX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SMILX
SMILX charges 1.15% annually. There are 454 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 | SMILX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | SMILX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | SMILX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | SMILX vs BWBIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | SMILX vs FYMIX |
Best Risk-Adjusted Alternatives to SMILX
SMILX has a PortfoliosLab risk / return rank of 64. There are 260 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 | SMILX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | SMILX vs TIBIX | |
| Allspring Diversified Capital Builder Fund | 97 | — | Jan 1998 | SMILX vs EKBAX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | SMILX vs NWQIX | |
| Fidelity Strategic Real Return Fund Class K6 | 96 | — | Sep 2005 | SMILX vs FSRKX |
Top Performing SMILX Alternatives (YTD)
SMILX is at 14.81% YTD. There are 7 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 36.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 36.56% | — | Jan 1998 | SMILX vs EKBAX | |
| Greenspring Fund | 21.59% | — | Jun 1983 | SMILX vs GRSPX | |
| Thornburg Investment Income Builder Fund Class I | 17.96% | — | Dec 2002 | SMILX vs TIBIX | |
| MH Elite Small Cap Fund of Funds Fund | 17.65% | — | Aug 1998 | SMILX vs MHELX | |
| Disciplined Growth Investors Fund | 17.45% | — | Aug 2011 | SMILX vs DGIFX |
Lowest Volatility Alternatives to SMILX
SMILX has 12.11% 1-year volatility. There are 493 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 | SMILX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.63% | — | Apr 2012 | SMILX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.80% | — | Nov 2003 | SMILX vs SICIX | |
| Ave Maria Bond Fund | 2.93% | — | Apr 2003 | SMILX vs AVEFX | |
| American Funds College 2027 Fund | 3.03% | — | Sep 2012 | SMILX vs CSTAX |
Lowest Drawdown Alternatives to SMILX
SMILX has a 1-year max drawdown of -8.14%. There are 447 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 | SMILX vs STDAX | |
| Fidelity Strategic Real Return Fund Class K6 | -1.93% | — | Sep 2005 | SMILX vs FSRKX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | -1.94% | — | Oct 2018 | SMILX vs FIQDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | -1.99% | — | Sep 2005 | SMILX vs FCSRX | |
| Fidelity Strategic Real Return Fund | -2.05% | — | Sep 2005 | SMILX vs FSRRX |
Other Mutual Funds from SMI Funds
The 2 most viewed SMI Funds mutual funds shown here include SMIDX, SMIFX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| SMI Dynamic Allocation Fund | Tactical Allocation | 69 | 12.13% | — | Feb 2013 | SMILX vs SMIDX | |
| Sound Mind Investing Fund | Diversified Portfolio | 41 | 17.18% | — | Dec 2005 | SMILX vs SMIFX |
Often Compared With SMILX
Investors most often compare SMILX with SCHD, PUDZX, CONWX. These 14 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare SMILX with Any Fund or Stock
Compare SMILX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SMILX with funds that move differently
SMI Multi-Strategy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SMILX.
Explore SMILX Diversifiers