Alternative Funds
Funds that follow alternative strategies, such as managed futures, long-short equity, and option writing.
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Name
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Ticker
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Morningstar Category
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Fund Size
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TTM Yield
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Total Return Rank in Category
3 Year
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Total Return Rank in Category
5 Year
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Total Return Rank in Category
10 Year
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Adjusted Expense Ratio
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Minimum Initial Investment
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Share Class Type
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Investment Status
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|---|---|---|---|---|---|---|---|---|---|---|---|
| Goldman Sachs Absolute Ret Trckr P | GSGPX | Multistrategy | 4.13 Bil | 2.62% | 39 | 30 | — | 0.710% | — | No Load | Open |
| Goldman Sachs Absolute Ret Trckr Inv | GSRTX | Multistrategy | 4.13 Bil | 2.59% | 41 | 33 | 8 | 0.840% | — | No Load | Open |
| Blackstone Alternative Multi-Strategy D | BXMDX | Multistrategy | 3.74 Bil | 3.27% | 65 | 78 | — | 3.390% | $10,000 | No Load | Open |
| American Beacon AHL Mgd Futs Strat Inv | AHLPX | Systematic Trend | 3.57 Bil | 0.58% | 63 | 41 | — | 1.840% | $2,500 | No Load | Open |
| Victory Market Neutral Income Member | CBHMX | Equity Market Neutral | 3.07 Bil | 4.52% | 72 | — | — | 0.550% | $3,000 | No Load | Open |
| Strategic Advisers Alternatives | FSLTX | Multistrategy | 2.02 Bil | 3.47% | — | — | — | 1.350% | — | No Load | Open |
| AQR Diversified Arbitrage N | ADANX | Relative Value Arbitrage | 1.86 Bil | 2.44% | 100 | 12 | 20 | 1.500% | $2,500 | No Load | Open |
| BlackRock Tactical Opportunities Service | PCBSX | Macro Trading | 1.76 Bil | 10.91% | 32 | 45 | 48 | 1.120% | $5,000 | No Load | Open |
| AQR Managed Futures Strategy N | AQMNX | Systematic Trend | 1.55 Bil | 7.33% | 12 | 29 | 69 | 1.510% | $2,500 | No Load | Open |
| Aspiriant Defensive Allocation | RMDFX | Multistrategy | 1.16 Bil | 3.56% | 63 | 43 | — | 3.290% | — | No Load | Open |
| AQR Style Premia Alternative N | QSPNX | Multistrategy | 1.14 Bil | 19.84% | 2 | 8 | 3 | 1.770% | $2,500 | No Load | Open |
| Absolute Convertible Arbitrage Inv | ARBOX | Relative Value Arbitrage | 942.38 Mil | 3.26% | 27 | — | — | 1.470% | $2,500 | No Load | Open |
| AQR Diversifying Strategies N | QDSNX | Multistrategy | 808.86 Mil | 9.89% | 10 | — | — | 1.720% | $2,500 | No Load | Open |
| iMGP Alt Strats Inv | MASNX | Multistrategy | 610.77 Mil | 3.78% | 93 | 82 | 55 | 1.640% | $1,000 | No Load | Open |
| Horizon Defined Risk Investor | HNDRX | Options Trading | 580.45 Mil | 0.20% | 41 | 49 | — | 1.040% | $2,500 | No Load | Open |
| Horizon Defined Risk Advisor | HADRX | Options Trading | 580.45 Mil | 0.08% | 45 | 52 | — | 1.190% | $2,500 | No Load | Open |
| Glenmede Secured Options | GTSOX | Options Trading | 575.86 Mil | — | 62 | 45 | 18 | 0.860% | — | No Load | Open |
| Columbia Multi Strat Alts Adv | CLFUX | Multistrategy | 570.02 Mil | 2.88% | 69 | 92 | — | 1.060% | $2,000 | No Load | Open |
| AQR Equity Market Neutral N | QMNNX | Equity Market Neutral | 513.59 Mil | 19.33% | 5 | 9 | — | 1.580% | $2,500 | No Load | Open |
| Vanguard Market Neutral Inv | VMNFX | Equity Market Neutral | 500.35 Mil | 4.86% | 13 | 20 | 48 | 0.200% | $50,000 | No Load | Open |
| Gabelli ABC AAA | GABCX | Event Driven | 460.26 Mil | 3.30% | 25 | 42 | 39 | 0.790% | $10,000 | No Load | Open |
| Gabelli ABC Advisor | GADVX | Event Driven | 460.26 Mil | 3.01% | 28 | 50 | 52 | 1.040% | $10,000 | No Load | Open |
| Vest US Large Cap 10% Buffer Strats Inv | BUMGX | Options Trading | 431.61 Mil | — | 38 | 23 | — | 1.200% | $1,000 | No Load | Open |
| Grant Park Multi Alternative Strats N | GPANX | Systematic Trend | 391.01 Mil | 1.67% | 94 | 76 | 54 | 1.740% | $2,500 | No Load | Open |
| PACE Alternative Strategies P2 | PAPTX | Multistrategy | 349.76 Mil | 3.28% | — | — | — | 1.000% | — | No Load | Open |
| PACE Alternative Strategies P | PASPX | Multistrategy | 349.76 Mil | 3.69% | 40 | 20 | 30 | 1.720% | $10,000 | No Load | Open |
| T. Rowe Price Multi-Strategy Ttl Ret Inv | TMSRX | Multistrategy | 309.65 Mil | 5.74% | 85 | 52 | — | 1.190% | $2,500 | No Load | Open |
| GuidePath® Managed Futures Strat Svc | GPMFX | Systematic Trend | 294.90 Mil | 0.11% | 21 | 14 | — | 1.520% | — | No Load | Open |
| Goldman Sachs Managed Futs Strat Inv | GFIRX | Systematic Trend | 265.18 Mil | — | 49 | 49 | 53 | 1.290% | — | No Load | Open |
| Goldman Sachs Managed Futs Strat P | GMQPX | Systematic Trend | 265.18 Mil | 0.14% | 48 | 47 | — | 1.160% | — | No Load | Open |
| GuideStone Funds Strategic Alts Investor | GFSZX | Multistrategy | 249.68 Mil | 3.42% | 35 | 70 | — | 1.520% | $1,000 | No Load | Open |
| MAI Managed Volatility Investor | DIVPX | Options Trading | 244.86 Mil | 1.26% | 61 | 58 | 30 | 1.260% | $2,500 | No Load | Open |
| AQR Managed Futures Strategy HV N | QMHNX | Systematic Trend | 232.35 Mil | 6.31% | 3 | 12 | 44 | 1.920% | $2,500 | No Load | Open |
| Bitcoin Strategy ProFund Investor | BTCFX | Digital Assets | 223.92 Mil | 9.98% | — | — | — | 1.100% | $1,000 | No Load | Open |
| AQR Alternative Risk Premia N | QRPNX | Multistrategy | 217.95 Mil | 3.59% | 5 | 14 | — | 1.680% | $2,500 | No Load | Open |
| Driehaus Event Driven | DEVDX | Event Driven | 211.28 Mil | 4.39% | 63 | 15 | 17 | 1.410% | $10,000 | No Load | Open |
| DWS Global Macro S | DBIVX | Macro Trading | 196.14 Mil | 1.75% | 61 | 75 | — | 1.060% | $2,500 | No Load | Limited |
| Morgan Stanley Pathway Alt Strats | TALTX | Multistrategy | 162.64 Mil | 3.05% | 48 | 32 | — | 1.760% | $1,000 | No Load | Open |
| Fidelity SAI Convertible Arbitrage | FSAWX | Relative Value Arbitrage | 155.77 Mil | — | — | — | — | 1.450% | — | No Load | Open |
| Ironclad Managed Risk | IRONX | Options Trading | 153.56 Mil | — | 22 | 33 | 27 | 1.250% | $2,500 | No Load | Open |
| American Beacon SSI Alternative Inc Inv | PSCAX | Relative Value Arbitrage | 147.04 Mil | 5.73% | 70 | 83 | 87 | 1.260% | $2,500 | No Load | Open |
| Otter Creek Long/Short Opportunity Inv | OTCRX | Equity Market Neutral | 146.13 Mil | 2.73% | 66 | 27 | 37 | 1.530% | $2,500 | No Load | Open |
| AQR Macro Opportunities N | QGMNX | Macro Trading | 140.49 Mil | 8.65% | 19 | 35 | 39 | 1.480% | $2,500 | No Load | Open |
| Fidelity SAI Alternative Rsk Pre CmdStgy | FRPDX | Multistrategy | 114.28 Mil | — | — | — | — | 0.500% | — | No Load | Open |
| Brinker Capital Destinations Shelter Z | DSHZX | Options Trading | 96.67 Mil | 0.44% | — | — | — | 0.860% | — | No Load | Open |
| Vest US Large Cap 20% Buffer Strats Inv | ENGLX | Options Trading | 95.33 Mil | — | 31 | 4 | — | 1.200% | $1,000 | No Load | Open |
| Neuberger Berman Abs Ret Multi-Mgr E | NABEX | Multistrategy | 93.88 Mil | 2.02% | — | — | — | 0.680% | — | No Load | Open |
| Guggenheim Multi-Hedge Strategies P | RYMSX | Multistrategy | 87.63 Mil | 2.93% | 66 | 35 | 33 | 1.530% | — | No Load | Open |
| Goldman Sachs Multi-Strategy Alts Inv | GIMMX | Multistrategy | 82.84 Mil | 3.57% | 96 | 89 | 91 | 0.900% | — | No Load | Open |
| Goldman Sachs Multi-Strategy Alts P | GMMPX | Multistrategy | 82.84 Mil | 3.63% | 94 | 86 | — | 0.840% | — | No Load | Open |
Alternative Funds - Default List Criteria
This list is limited to US mutual funds that are primarily used by individual or retail investors.