Spectrum Unconstrained Fund (SUNBX) belongs to the Nontraditional Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SUNBX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SUNBX
SUNBX charges 2.43% annually. There are 71 mutual funds in the Nontraditional Bonds category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | SUNBX vs PMOTX | |
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | SUNBX vs GMODX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | SUNBX vs SUBFX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | SUNBX vs PUTIX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | SUNBX vs FPFIX |
Best Risk-Adjusted Alternatives to SUNBX
SUNBX has a PortfoliosLab risk / return rank of 44. There are 48 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | SUNBX vs CBYYX | |
| PGIM Securitized Credit Fund | 99 | — | Jun 2019 | SUNBX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | SUNBX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | SUNBX vs APFPX | |
| DoubleLine Flexible Income Fund | 98 | — | Apr 2014 | SUNBX vs DFLEX |
Top Performing SUNBX Alternatives (YTD)
SUNBX is at 2.07% YTD. There are 14 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 6.67%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 6.67% | — | Aug 2010 | SUNBX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 4.69% | — | Apr 2015 | SUNBX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 4.26% | — | Jun 2007 | SUNBX vs EIGMX | |
| Anchor Risk Managed Credit Strategies Fund | 4.06% | — | Sep 2015 | SUNBX vs ATCSX | |
| Artisan Global Unconstrained Fund | 4.00% | — | Mar 2022 | SUNBX vs APFPX |
Lowest Volatility Alternatives to SUNBX
SUNBX has 4.19% 1-year volatility. There are 63 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 1.02%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dunham Long/Short Credit Fund | 1.02% | — | Dec 2004 | SUNBX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.23% | — | Jan 2023 | SUNBX vs CBYYX | |
| DoubleLine Flexible Income Fund | 1.31% | — | Apr 2014 | SUNBX vs DFLEX | |
| GMO Opportunistic Income Fund | 1.35% | — | Oct 2011 | SUNBX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.36% | — | Sep 2011 | SUNBX vs BGCIX |
Lowest Drawdown Alternatives to SUNBX
SUNBX has a 1-year max drawdown of -3.84%. There are 66 mutual funds in the Nontraditional Bonds category with shallower 1-year drawdowns, going as shallow as -0.09%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.09% | — | Jan 2023 | SUNBX vs CBYYX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | SUNBX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | SUNBX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | SUNBX vs GMODX | |
| PGIM Absolute Return Bond Fund | -0.76% | — | Mar 2011 | SUNBX vs PADZX |
Other Mutual Funds from Advisors Preferred
The 10 most viewed Advisors Preferred mutual funds shown here include SVARX, HFSAX, OTRFX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Spectrum Low Volatility Fund | Nontraditional Bonds | 49 | 1.44% | — | Dec 2013 | SUNBX vs SVARX | |
| Hundredfold Select Alternative Fund Investor Class | Tactical Allocation | 62 | 2.54% | — | — | SUNBX vs HFSAX | |
| OnTrack Core Fund | Macro Trading | 78 | 4.81% | — | Jan 2013 | SUNBX vs OTRFX | |
| Hundredfold Select Alternative Fund | Tactical Allocation | 51 | 2.10% | — | Aug 2004 | SUNBX vs SFHYX | |
| Spectrum Active Advantage Fund | Tactical Allocation | 18 | -0.36% | — | May 2015 | SUNBX vs SAPEX | |
| Quantified Evolution Plus Fund | Tactical Allocation | 88 | 53.48% | — | Sep 2019 | SUNBX vs QEVOX | |
| Quantified Alternative Investment Fund | Macro Trading | 79 | 8.75% | — | Aug 2013 | SUNBX vs QALTX | |
| Kensington Managed Income Fund | Nontraditional Bonds | 62 | 1.62% | — | May 2019 | SUNBX vs KAMIX | |
| Quantified Managed Income Fund | Diversified Portfolio | 7 | 0.13% | — | Aug 2013 | SUNBX vs QBDSX | |
| Quantified Pattern Recognition Fund | Diversified Portfolio | 13 | -7.73% | — | Aug 2019 | SUNBX vs QSPMX |
Often Compared With SUNBX
Investors most often compare SUNBX with AFLIX, QSTFX, WAVLX. These 4 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Anfield Universal Fixed Income Fund | Nontraditional Bonds | 93 | 1.31% | — | Jun 2013 | SUNBX vs AFLIX | |
| Quantified STF Fund | Tactical Allocation | 41 | 18.71% | — | Nov 2015 | SUNBX vs QSTFX | |
| Wavelength Interest Rate Neutral Fund | Nontraditional Bonds | 79 | 3.23% | — | Sep 2013 | SUNBX vs WAVLX | |
| Templeton Global Total Return Fund | Nontraditional Bonds | 20 | 1.77% | — | Sep 2008 | SUNBX vs TTRZX |
Compare SUNBX with Any Fund or Stock
Compare SUNBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SUNBX with funds that move differently
Spectrum Unconstrained Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SUNBX.
Explore SUNBX Diversifiers