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 458 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 | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 64.10B | Dec 2000 | SMILX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | SMILX vs TSAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | SMILX vs VTMFX |
Best Risk-Adjusted Alternatives to SMILX
SMILX has a PortfoliosLab risk / return rank of 42. There are 435 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 | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | SMILX vs NWQIX | |
| Federated Hermes Municipal and Stock Advantage Fun... | 94 | — | Sep 2003 | SMILX vs FMUAX | |
| Pioneer Balanced ESG Fund | 93 | — | Dec 1991 | SMILX vs AYBLX |
Top Performing SMILX Alternatives (YTD)
SMILX is at 9.07% YTD. There are 141 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 30.31%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 30.31% | — | Jan 1998 | SMILX vs EKBAX | |
| Greenspring Fund | 19.30% | — | Jun 1983 | SMILX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 18.84% | — | Aug 1998 | SMILX vs MHELX | |
| ICON Equity Income Fund | 18.66% | — | May 2004 | SMILX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 16.85% | — | Dec 2002 | SMILX vs TIBIX |
Lowest Volatility Alternatives to SMILX
SMILX has 13.78% 1-year volatility. There are 514 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.85% | — | Nov 2003 | SMILX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.82% | — | Nov 2003 | SMILX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.87% | — | Apr 2012 | SMILX vs SCLAX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | SMILX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | SMILX vs CSTAX |
Lowest Drawdown Alternatives to SMILX
SMILX has a 1-year max drawdown of -8.14%. There are 444 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 | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | SMILX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | SMILX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | SMILX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | SMILX vs CSTAX |
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 | 53 | 7.79% | — | Feb 2013 | SMILX vs SMIDX | |
| Sound Mind Investing Fund | Diversified Portfolio | 32 | 11.70% | — | Dec 2005 | SMILX vs SMIFX |
Often Compared With SMILX
Investors most often compare SMILX with SCHD, PUDZX, CONWX. These 20 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