Skip to Content

Alternative Funds

Funds that follow alternative strategies, such as managed futures, long-short equity, and option writing.

Fund Name
Morningstar Category
Adjusted Expense Ratio %
Return Rank in Category 3Y %
Return Rank in Category 5Y %
Return Rank in Category 10Y %
Equity Market Neutral
1.480
60
68
Multistrategy
1.330
97
Relative Value Arbitrage
1.280
5
6
1
Multistrategy
1.440
Equity Market Neutral
1.230
96
89
Macro Trading
1.230
66
49
Systematic Trend
1.510
83
92
48
Systematic Trend
1.670
86
99
Multistrategy
1.530
100
94
Macro Trading
1.930
38
17
Systematic Trend
1.490
68
74
Systematic Trend
1.870
49
35
Systematic Trend
1.960
99
95
57
Equity Market Neutral
1.460
46
50
Event Driven
1.500
91
89
Systematic Trend
1.790
27
25
Multistrategy
1.790
1
Relative Value Arbitrage
1.220
61
Multistrategy
1.650
89
100
100
Options Trading
1.990
1
Multistrategy
2.070
Multistrategy
1.260
83
51
64
Systematic Trend
1.460
16
33
1
Systematic Trend
1.640
89
80
Systematic Trend
1.540
5
5
Relative Value Arbitrage
1.580
29
39
Event Driven
1.550
72
64
97
Options Trading
0.670
38
74
Systematic Trend
1.720
63
72
67
Multistrategy
1.680
43
19
Macro Trading
1.930
6
9
Multistrategy
1.630
46
55
Options Trading
1.200
20
Options Trading
1.990
100
Event Driven
1.330
41
30
10
Equity Market Neutral
1.340
39
10
Multistrategy
0.560
86
83
Options Trading
0.950
58
49
39
Options Trading
0.970
7
Multistrategy
1.170
79
73
Macro Trading
1.410
51
56
Options Trading
0.970
22
13
Relative Value Arbitrage
1.080
96
59
78
Event Driven
2.030
3
4
6
Macro Trading
1.750
13
68
Options Trading
1.240
23
6
Macro Trading
2.430
57
87
Multistrategy
1.770
1
6
Options Trading
2.550
96
98
Systematic Trend
1.300
46
66
Multistrategy
1.500
30
Systematic Trend
0.650
Event Driven
1.500
8
10
Macro Trading
1.790
46
44
58
Event Driven
1.790
91
86
97
Options Trading
1.300
Multistrategy
1.400
Systematic Trend
1.400
Multistrategy
1.500
73
Macro Trading
1.060
20
20
Multistrategy
0.870
Macro Trading
1.010
93
91
Event Driven
0.730
83
72
69
Options Trading
0.950
9
7
Options Trading
0.940
63
44
62
Options Trading
1.030
67
32
Options Trading
0.880
41
28
1
Systematic Trend
1.230
42
23
Multistrategy
1.810
44
62
Equity Market Neutral
1.500
80
67
Systematic Trend
1.810
60
44
70
Equity Market Neutral
1.400
5
1
Systematic Trend
1.300
12
28
Multistrategy
1.150
81
Multistrategy
0.670
34
12
Options Trading
1.040
48
Options Trading
1.740
61
53
Options Trading
0.160
Multistrategy
1.380
76
82
72
Macro Trading
1.190
95
96
Options Trading
1.330
79
66
56

Sponsor Center

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.
  • Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.