1290 Multi-Alternative Strategies Fund Class A (TNMAX) Alternatives
1290 Multi-Alternative Strategies Fund Class A (TNMAX) belongs to the Multistrategy category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with TNMAX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to TNMAX
TNMAX charges 1.52% annually. Among mutual funds in the Multistrategy category, these options have the lowest expense ratios among TNMAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Aspiriant Defensive Allocation Fund | 0.18% | Dec 13, 2015 | TNMAX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | Nov 11, 2018 | TNMAX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | Feb 14, 2018 | TNMAX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | May 1, 2019 | TNMAX vs GAAVX | |
| Allspring Alternative Risk Premia Fund | 0.72% | Jan 28, 2019 | TNMAX vs WRPIX |
Best Risk-Adjusted Alternatives to TNMAX
Among mutual funds in the Multistrategy category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Stone Ridge Reinsurance Risk Premium Interval Fund | 100 | Dec 9, 2013 | TNMAX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | Aug 14, 2017 | TNMAX vs ARBIX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 99 | Feb 1, 2013 | TNMAX vs SHRIX | |
| AQR Diversified Arbitrage Fund Class I | 99 | Jan 15, 2009 | TNMAX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 99 | Jan 15, 2009 | TNMAX vs ADANX |
Top Performing TNMAX Alternatives (YTD)
TNMAX alternatives from the Multistrategy category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| AQR Style Premia Alternative R6 | 9.99% | Sep 2, 2014 | TNMAX vs QSPRX | |
| AQR Style Premia Alternative Fund Class N | 9.96% | Oct 30, 2013 | TNMAX vs QSPNX | |
| AQR Style Premia Alternative Fund | 9.94% | Oct 29, 2013 | TNMAX vs QSPIX | |
| Allspring Alternative Risk Premia Fund | 9.08% | Jan 28, 2019 | TNMAX vs WRPIX | |
| AQR Alternative Risk Premia R6 | 8.62% | Sep 19, 2017 | TNMAX vs QRPRX |
Lowest Volatility Alternatives to TNMAX
TNMAX alternatives from the Multistrategy category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.26% | Aug 14, 2017 | TNMAX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class N | 1.53% | Jan 15, 2009 | TNMAX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | 1.54% | Jan 15, 2009 | TNMAX vs ADAIX | |
| T. Rowe Price Multi-Strategy Total Return Fund | 2.10% | Feb 22, 2018 | TNMAX vs TMSRX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 2.40% | Feb 1, 2013 | TNMAX vs SHRIX |
Lowest Drawdown Alternatives to TNMAX
TNMAX alternatives from the Multistrategy category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | Aug 14, 2017 | TNMAX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | Dec 9, 2013 | TNMAX vs SRRIX | |
| AQR Diversified Arbitrage Fund Class I | -0.64% | Jan 15, 2009 | TNMAX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | -0.64% | Jan 15, 2009 | TNMAX vs ADANX | |
| FS Credit Income Fund Class I | -1.31% | Nov 1, 2017 | TNMAX vs FCRIX |
Often Compared With TNMAX
What investors most often compare with TNMAX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| AQR Alternative Risk Premia Fund Class N | Multistrategy | 81 | 8.50% | Sep 19, 2017 | TNMAX vs QRPNX | |
| AQR Alternative Risk Premia Fund | Multistrategy | 82 | 8.52% | Sep 18, 2017 | TNMAX vs QRPIX | |
| John Hancock Funds Alternative Asset Allocation Fu... | Multistrategy | 83 | 2.10% | Jan 1, 2009 | TNMAX vs JAAAX |
Compare TNMAX with Any Fund or Stock
Compare TNMAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.