Tool

Top-Performing Mutual Funds by Category

Alternative Funds

In the tables below, see the ten top-performing for the past 1-, 3-, 5-, 10- and 20-year periods. Click on any fund's symbol for a daily market snapshot of the fund.

The Kiplinger 25: Our Favorite No-Load Mutual Funds | Read All Fund Watch Columns

Data through January 31, 2021

Alternative Funds - 1 year

FUND NAME	SYMBOL	1-YR RETURN	3-YR RETURN	5-YR RETURN	10-YR RETURN	20-YR RETURN	VOL RANK	MAX. SALES CHARGE	EXPENSE RATIO
Alger Dynamic Opportunities A	SPEDX	41.06%	16.45%	15.18%	9.31%	—%	2	5.25%	2.01%
RiverPark Long/Short Opportunity Fund Retail Class+	RLSFX	40.92	17.97	17.19	—	—	2	none	2
Toews Hedged Small & Mid Cap	THSMX	39.76	11.01	9.49	4.39	—	3	none	1.25
Hussman Strategic Growth	HSGFX	29.72	4.23	-3.56	-4.59	0.46	2	1.50r	1.15
Navigator Equity Hedged I	NAVIX	27.99	6.69	9.38	4.04	—	2	none	1.07
Highland Long/Short Healthcare A	HHCAX	25.98	15.05	9.27	6.39	—	7	5.50	2.72
Toews Hedged Large-Cap	THLGX	25.81	11.8	12.36	6.8	—	2	none	1.25
Aberdeen Equity Long-Short A	MLSAX	24.03	16	14.37	7.67	3.88	5	5.75	1.24
JPMorgan Opportunistic Equity Long/Short A	JOELX	22.75	6.18	8.63	—	—	1	5.25	2.28
Altegris/AACA Real Estate Long Short N	RAANX	21.37	13.71	17.08	—	—	7	1.00r	2.17

r Maximum redemption fee charged when you sell shares. — Fund has not existed for the specified time. s Front-end sales charge; redemption fee may apply. Source: Morningstar, Inc.

Data through January 31, 2021

Alternative Funds - 3 years

FUND NAME	SYMBOL	1-YR RETURN	3-YR RETURN	5-YR RETURN	10-YR RETURN	20-YR RETURN	VOL RANK	MAX. SALES CHARGE	EXPENSE RATIO
RiverPark Long/Short Opportunity Fund Retail Class+	RLSFX	40.92%	17.97%	17.19%	—%	—%	2	none%	2%
Alger Dynamic Opportunities A	SPEDX	41.06	16.45	15.18	9.31	—	2	5.25	2.01
Aberdeen Equity Long-Short A	MLSAX	24.03	16	14.37	7.67	3.88	5	5.75	1.24
Highland Long/Short Healthcare A	HHCAX	25.98	15.05	9.27	6.39	—	7	5.50	2.72
Altegris/AACA Real Estate Long Short N	RAANX	21.37	13.71	17.08	—	—	7	1.00r	2.17
Toews Hedged Large-Cap	THLGX	25.81	11.8	12.36	6.8	—	2	none	1.25
Toews Hedged Small & Mid Cap	THSMX	39.76	11.01	9.49	4.39	—	3	none	1.25
ICON Long/Short S	IOLZX	18.63	8.64	16.35	10.74	—	9	none	1.22
Weitz Partners III Opportunity Investor	WPOIX	6.43	8.54	9.53	8.42	—	4	none	2.04
Balter Invenomic Fund Investor Class shares	BIVRX	20.99	8.24	—	—	—	3	1.00r	3.08

r Maximum redemption fee charged when you sell shares. — Fund has not existed for the specified time. s Front-end sales charge; redemption fee may apply. Source: Morningstar, Inc.

Data through January 31, 2021

Alternative Funds - 5 years

FUND NAME	SYMBOL	1-YR RETURN	3-YR RETURN	5-YR RETURN	10-YR RETURN	20-YR RETURN	VOL RANK	MAX. SALES CHARGE	EXPENSE RATIO
RiverPark Long/Short Opportunity Fund Retail Class+	RLSFX	40.92%	17.97%	17.19%	—%	—%	2	none%	2%
Altegris/AACA Real Estate Long Short N	RAANX	21.37	13.71	17.08	—	—	7	1.00r	2.17
ICON Long/Short S	IOLZX	18.63	8.64	16.35	10.74	—	9	none	1.22
Alger Dynamic Opportunities A	SPEDX	41.06	16.45	15.18	9.31	—	2	5.25	2.01
Aberdeen Equity Long-Short A	MLSAX	24.03	16	14.37	7.67	3.88	5	5.75	1.24
Toews Hedged Large-Cap	THLGX	25.81	11.8	12.36	6.8	—	2	none	1.25
Weitz Partners III Opportunity Investor	WPOIX	6.43	8.54	9.53	8.42	—	4	none	2.04
Toews Hedged Small & Mid Cap	THSMX	39.76	11.01	9.49	4.39	—	3	none	1.25
Navigator Equity Hedged I	NAVIX	27.99	6.69	9.38	4.04	—	2	none	1.07
Highland Long/Short Healthcare A	HHCAX	25.98	15.05	9.27	6.39	—	7	5.50	2.72

r Maximum redemption fee charged when you sell shares. — Fund has not existed for the specified time. s Front-end sales charge; redemption fee may apply. Source: Morningstar, Inc.

Data through January 31, 2021

Alternative Funds - 10 years

FUND NAME	SYMBOL	1-YR RETURN	3-YR RETURN	5-YR RETURN	10-YR RETURN	20-YR RETURN	VOL RANK	MAX. SALES CHARGE	EXPENSE RATIO
ICON Long/Short S	IOLZX	18.63%	8.64%	16.35%	10.74%	—%	9	none%	1.22%
Alger Dynamic Opportunities A	SPEDX	41.06	16.45	15.18	9.31	—	2	5.25	2.01
Weitz Partners III Opportunity Investor	WPOIX	6.43	8.54	9.53	8.42	—	4	none	2.04
Aberdeen Equity Long-Short A	MLSAX	24.03	16	14.37	7.67	3.88	5	5.75	1.24
Toews Hedged Large-Cap	THLGX	25.81	11.8	12.36	6.8	—	2	none	1.25
Nuveen Equity Long/Short A	NELAX	4.35	-1.15	6.76	6.71	—	2	5.75	2.98
Highland Long/Short Healthcare A	HHCAX	25.98	15.05	9.27	6.39	—	7	5.50	2.72
Diamond Hill Long Short A	DIAMX	0.43	2.42	6.12	6.18	5.67	4	5.00	1.85
Guggenheim Alpha Opportunity A	SAOAX	7.79	-4.86	1.37	5.65	—	1	4.75	1.69
Hancock Horizon Quantitative Long/Short Inv	HHQAX	-3.12	-1.07	2.68	5	—	2	none	1.5

r Maximum redemption fee charged when you sell shares. — Fund has not existed for the specified time. s Front-end sales charge; redemption fee may apply. Source: Morningstar, Inc.

Data through January 31, 2021

Alternative Funds - 20 years

FUND NAME	SYMBOL	1-YR RETURN	3-YR RETURN	5-YR RETURN	10-YR RETURN	20-YR RETURN	VOL RANK	MAX. SALES CHARGE	EXPENSE RATIO
Boston Partners Long/Short Equity Inv**	BPLEX	-9.17%	-8.12%	-0.63%	2.51%	7.1%	2	none%	2.57%
Diamond Hill Long Short A	DIAMX	0.43	2.42	6.12	6.18	5.67	4	5.00	1.85
Aberdeen Equity Long-Short A	MLSAX	24.03	16	14.37	7.67	3.88	5	5.75	1.24
Caldwell & Orkin Market Opportunity	COAGX	19.48	4.99	0.82	3.19	2.82	10	2.00r	3.6
Forester Value N	FVALX	4.1	0.59	-0.72	-0.19	2.62	1	none	1.25
Hussman Strategic Growth	HSGFX	29.72	4.23	-3.56	-4.59	0.46	2	1.50r	1.15
Federated Prudent Bear A	BEARX	-23.58	-15.74	-16.79	-14.93	-5.56	3	5.50	2.85
Comstock Capital Val A	DRCVX	—	-7.73	-14.8	-14.39	-8.99	3	5.75s	6.05
ProFunds Bear Investor	BRPIX	-25.16	-14.17	-16.48	-14.95	-9.23	4	none	1.86
Grizzly Short Fund	GRZZX	-43.75	-24.91	-23.72	-17.22	-11.52	9	none	2.84

r Maximum redemption fee charged when you sell shares. — Fund has not existed for the specified time. s Front-end sales charge; redemption fee may apply. Source: Morningstar, Inc.

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