USAA Target Managed Allocation Fund (UTMAX) Alternatives
USAA Target Managed Allocation Fund (UTMAX) 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 UTMAX. 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 UTMAX
UTMAX charges 0.69% annually. Among mutual funds in the Tactical Allocation category, these options have the lowest expense ratios among UTMAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Goldman Sachs Balanced Strategy Portfolio | 0.19% | Jan 1, 1998 | UTMAX vs GIPIX | |
| Goldman Sachs Growth and Income Strategy Portfolio | 0.19% | Jan 1, 1998 | UTMAX vs GOIIX | |
| PIMCO All Asset All Authority Fund | 0.21% | Oct 30, 2003 | UTMAX vs PAUIX | |
| Columbia Thermostat Fund | 0.24% | Sep 24, 2002 | UTMAX vs COTZX | |
| GuidePath Flexible Income Allocation Fund | 0.50% | Aug 30, 2012 | UTMAX vs GPIFX |
Best Risk-Adjusted Alternatives to UTMAX
Among mutual funds in the Tactical Allocation 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 | |
|---|---|---|---|---|
| Hussman Strategic Total Return Fund | 97 | Sep 11, 2002 | UTMAX vs HSTRX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 93 | Apr 8, 2012 | UTMAX vs SIOAX | |
| Hundredfold Select Alternative Fund Investor Class | 93 | — | UTMAX vs HFSAX | |
| Conquer Risk Defensive Bull Fund | 92 | Jun 30, 2020 | UTMAX vs CRDBX | |
| Donoghue Forlines Momentum Fund | 92 | Dec 22, 2016 | UTMAX vs MOJOX |
Top Performing UTMAX Alternatives (YTD)
UTMAX alternatives from the Tactical Allocation category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Quantified Evolution Plus Fund | 38.56% | Sep 29, 2019 | UTMAX vs QEVOX | |
| PIMCO Dynamic Income Strategy Fund | 19.83% | Feb 1, 2019 | UTMAX vs PDX | |
| Donoghue Forlines Momentum Fund | 11.81% | Dec 22, 2016 | UTMAX vs MOJOX | |
| Invesco Balanced-Risk Allocation Fund | 11.77% | Jun 1, 2009 | UTMAX vs ABRYX | |
| Invesco Balanced-Risk Allocation Fund Class A | 11.64% | Jun 2, 2009 | UTMAX vs ABRZX |
Lowest Volatility Alternatives to UTMAX
UTMAX alternatives from the Tactical Allocation category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | 2.73% | Aug 30, 2012 | UTMAX vs GPIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 3.36% | Apr 8, 2012 | UTMAX vs SIOAX | |
| Goldman Sachs TacticalTiltOverlayFund | 4.39% | Jul 30, 2014 | UTMAX vs TTIFX | |
| Hundredfold Select Alternative Fund Investor Class | 4.41% | — | UTMAX vs HFSAX | |
| Hundredfold Select Alternative Fund | 4.41% | Aug 31, 2004 | UTMAX vs SFHYX |
Lowest Drawdown Alternatives to UTMAX
UTMAX alternatives from the Tactical Allocation category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Goldman Sachs TacticalTiltOverlayFund | -2.66% | Jul 30, 2014 | UTMAX vs TTIFX | |
| Hussman Strategic Total Return Fund | -3.14% | Sep 11, 2002 | UTMAX vs HSTRX | |
| SEI Institutional Managed Trust Multi-Asset Income... | -3.20% | Apr 8, 2012 | UTMAX vs SIOAX | |
| GuidePath Flexible Income Allocation Fund | -3.50% | Aug 30, 2012 | UTMAX vs GPIFX | |
| Hundredfold Select Alternative Fund Investor Class | -3.68% | — | UTMAX vs HFSAX |
Other Mutual Funds from USAA
Most popular USAA mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Victory Nasdaq 100 Index Fund R6 Shares | Large Cap Growth Equities | 49 | -9.02% | Mar 2, 2017 | UTMAX vs URNQX |
Compare UTMAX with Any Fund or Stock
Compare UTMAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.