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 June 30, 2020

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
RiverPark Long/Short Opportunity Fund Retail Class+	RLSFX	32.58%	17.5%	11.76%	—%	—%	2	none%	2.38%
Toews Hedged Large-Cap	THLGX	17.93	11.97	5.46	6.88	—	1	none	1.25
Alger Dynamic Opportunities A	SPEDX	17.18	12.61	8.39	8.38	—	3	5.25	2.17
Altegris/AACA Real Estate Long Short N	RAANX	15.91	10.91	11.15	—	—	7	1.00r	2.17
Nuance Concentrated Value Long-Short Fund Inv	NCLIX	13.06	5.92	—	—	—	1	none	3.6
Aberdeen Equity Long-Short A	MLSAX	12.37	11.67	7.95	5.9	1.52	4	5.75	1.25
Toews Hedged Small & Mid Cap	THSMX	12.06	6.44	0.71	3.89	—	2	none	1.25
Highland Long/Short Healthcare A	HHCAX	9.65	10.28	0.01	5.67	—	8	5.50	2.24
Neuberger Berman Long Short A	NLSAX	8.12	5.43	4.44	—	—	1	5.75	2.13
Hussman Strategic Growth	HSGFX	6.17	-1.73	-5.98	-6.8	—	1	1.50r	1.14

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 June 30, 2020

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	32.58%	17.5%	11.76%	—%	—%	2	none%	2.38%
Alger Dynamic Opportunities A	SPEDX	17.18	12.61	8.39	8.38	—	3	5.25	2.17
Toews Hedged Large-Cap	THLGX	17.93	11.97	5.46	6.88	—	1	none	1.25
Aberdeen Equity Long-Short A	MLSAX	12.37	11.67	7.95	5.9	1.52	4	5.75	1.25
Altegris/AACA Real Estate Long Short N	RAANX	15.91	10.91	11.15	—	—	7	1.00r	2.17
Highland Long/Short Healthcare A	HHCAX	9.65	10.28	0.01	5.67	—	8	5.50	2.24
Toews Hedged Small & Mid Cap	THSMX	12.06	6.44	0.71	3.89	—	2	none	1.25
AllianceBernstein Select U.S. Long/Short A	ASLAX	3.11	6.34	5.32	—	—	1	4.25	1.91
Salient Broadmark Tactical Plus A	SBTAX	3.76	5.98	5.36	—	—	1	5.50	1.65
Nuance Concentrated Value Long-Short Fund Inv	NCLIX	13.06	5.92	—	—	—	1	none	3.6

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 June 30, 2020

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	32.58%	17.5%	11.76%	—%	—%	2	none%	2.38%
Altegris/AACA Real Estate Long Short N	RAANX	15.91	10.91	11.15	—	—	7	1.00r	2.17
Alger Dynamic Opportunities A	SPEDX	17.18	12.61	8.39	8.38	—	3	5.25	2.17
Aberdeen Equity Long-Short A	MLSAX	12.37	11.67	7.95	5.9	1.52	4	5.75	1.25
Guggenheim Risk Managed Real Estate A	GURAX	-4.92	3.99	6.92	—	—	2	4.75	1.88
Toews Hedged Large-Cap	THLGX	17.93	11.97	5.46	6.88	—	1	none	1.25
Salient Broadmark Tactical Plus A	SBTAX	3.76	5.98	5.36	—	—	1	5.50	1.65
ICON Long/Short S	IOLZX	-1.51	4.11	5.32	9.31	—	9	none	1.25
AllianceBernstein Select U.S. Long/Short A	ASLAX	3.11	6.34	5.32	—	—	1	4.25	1.91
Natixis ASG Tactical U.S. Market A	USMAX	-5.26	4.77	4.97	—	—	5	5.75	1.24

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 June 30, 2020

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	-1.51%	4.11%	5.32%	9.31%	—%	9	none%	1.25%
Weitz Partners III Opportunity Investor	WPOIX	0.58	5.21	3.65	9.18	—	5	none	2.04
Guggenheim Alpha Opportunity A	SAOAX	-3.18	-3.93	-0.13	8.38	—	1	4.75	1.64
Alger Dynamic Opportunities A	SPEDX	17.18	12.61	8.39	8.38	—	3	5.25	2.17
Nuveen Equity Long/Short A	NELAX	-2.69	2.69	3.71	8.12	—	2	5.75	2.64
Toews Hedged Large-Cap	THLGX	17.93	11.97	5.46	6.88	—	1	none	1.25
Hancock Horizon Quantitative Long/Short Inv	HHQAX	-6.99	-0.73	0.34	6.79	—	2	none	1.5
Diamond Hill Long Short A	DIAMX	-8.31	0.31	2.34	6.27	5.75	4	5.00	1.85
Aberdeen Equity Long-Short A	MLSAX	12.37	11.67	7.95	5.9	1.52	4	5.75	1.25
Highland Long/Short Healthcare A	HHCAX	9.65	10.28	0.01	5.67	—	8	5.50	2.24

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 June 30, 2020

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	-9.19%	-5.21%	0.31%	5.29%	8.73%	3	none%	2.92%
Diamond Hill Long Short A	DIAMX	-8.31	0.31	2.34	6.27	5.75	4	5.00	1.85
Forester Value N	FVALX	1.14	1.22	-0.96	0.67	2.79	1	none	1.25
Aberdeen Equity Long-Short A	MLSAX	12.37	11.67	7.95	5.9	1.52	4	5.75	1.25
Caldwell & Orkin Market Opportunity	COAGX	-16.85	-5.64	-5.14	-0.49	1.4	9	2.00r	3.19
Federated Prudent Bear A	BEARX	-10.08	-12.77	-11.58	-14.78	-3.79	3	5.50	2.84
ProFunds Bear Investor	BRPIX	-16.07	-12.67	-12.47	-15.3	-7.83	4	none	1.77
Comstock Capital Val A	DRCVX	-12.09	-11.75	-13.17	-16.81	-8.32	4	5.75s	6.05
Grizzly Short Fund	GRZZX	-20.9	-17.39	-14.1	-16.07	-8.98	9	none	2.61
Direxion Monthly Small Cap Bear 2X Fund	DXRSX	-8.31	-14.48	-17.7	-27.28	-23.26	10	none	1.39

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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