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Best Cautious funds

Ranking of the top 20 Cautious funds (Mixed) by composite score (risk-adjusted return). Updated 01/09/2026.

This page ranks 20 Cautious funds, a subcategory of Mixed, ordered by a composite score that rewards risk-adjusted return and curve stability while penalizing drawdowns. Use it to compare options within the same investment style before exploring each fund's history in the interactive view.

See interactive version →

ℹ️ Methodology: period and indicators

All indicators are computed over the last 3 years of prices, with daily data. The risk-free rate used is 2.0%.

Score formula (risk-adjusted return):

0.15·R² + 0.15·Sortino* + 0.2·DD* + 0.2·CAGR_excess* + 0.1·Volatility_inv* + 0.2·Ulcer_inv*

* Components normalized to the analyzed set of funds (best in set = 1, worst = 0). The drawdown term is 1 − (MaxDD / 30.0%)3, clamped to [0,1]. Volatility and Ulcer are inverted (less = better).

A higher score means better relative behavior within the analyzed set, not an investment recommendation.

🏆 Ranking

#ISINNameScoreTotal Ret.Annual Ret.VolatilitySharpeSortinoMax DrawdownCalmar
1ES0140794001Gamma Global FI0.6710.99229.03%8.84%2.42%2.832.782.71%3.27
2ES0116567035Cartesio X , Fi0.6610.97627.44%8.39%3.09%2.072.004.01%2.09
3ES0119207001COBAS RENTA FI0.6600.95228.02%8.56%2.74%2.392.203.65%2.34
4ES0138217031Gesconsult Renta fija flexible0.6590.95416.56%5.22%1.72%1.881.862.17%2.41
5ES0105243002Acacia Bonomix Plata FI0.6540.97722.44%6.98%3.67%1.361.363.27%2.13
6ES0138914033MERCH FONTEMAR FI0.6500.97119.38%6.06%3.77%1.081.064.49%1.35
7LU1159839114PRISMA 300.6420.96119.76%6.18%4.80%0.870.875.56%1.11
8ES0123541007March Cartera Conservadora FI0.6420.92416.82%5.32%3.28%1.011.044.79%1.11
9LU1453542349VALUE TREE DEFENSIVE CAP EUR0.6420.93920.63%6.43%3.83%1.161.076.09%1.06
10LU0941349192PICTET MASSET GLOBAL OPP P EUR0.6410.94425.77%7.94%5.19%1.151.155.09%1.56
11ES0140072028Abaco Renta Fija Mixta Global C FI0.6380.91815.64%4.95%3.55%0.830.824.28%1.15
12ES0156572002MyInvestor Cartera Permanente0.6360.95436.41%10.87%6.99%1.271.276.27%1.73
13LU1883329432Amundi Funds - Global Multi-Asset Conservative A EUR (C)0.6360.94219.53%6.11%5.15%0.800.795.93%1.03
14LU0161534358Swisscanto (LU) Portfolio Fund Committed Select (EUR)0.6340.91620.96%6.53%4.82%0.940.926.49%1.01
15IE00BJ358440GAM Star Fund plc - GAM Star Global Aggressive Selling Agent A USD Acc0.6330.92321.82%6.79%4.69%1.020.986.42%1.06
16LU0087412390DWS CONCEPT DJE ALPHA RENTEN GLB LC EUR0.6320.88416.53%5.22%3.66%0.880.874.79%1.09
17LU0048292394BLI GLOBAL 30 B ACC EUR0.6310.93927.41%8.38%5.92%1.081.036.57%1.28
18LU0776414087Schroder ISF Global Multi-Asset Balanced A Accumulation0.6250.94836.10%10.79%8.36%1.050.9710.42%1.04
19LU0112799290Swisscanto (LU) Portfolio Fund Committed Select (EUR)0.6220.86616.68%5.26%4.95%0.660.636.49%0.81
20LU1548496022DYNMC MULTI STRAT 15 AT AC EUR0.6170.86221.72%6.75%5.46%0.870.807.77%0.87

📊 Compared evolution (base 100)

❓ Frequently asked questions

How is the fund ranking calculated?

Each fund gets a composite score from 0 to 1 that combines risk-adjusted return (excess CAGR and Sortino), curve stability (R² and inverted volatility) and drawdown control (a non-linear penalty plus the Ulcer Index). Funds are then ordered by that score.

What does the score mean for Cautious funds?

A higher score means better relative behavior within the analyzed set: more stable growth and smaller drawdowns for the return achieved. It is a comparison tool, not an investment recommendation.

How often is the data updated?

The ranking is recomputed from daily NAV data each time the site is regenerated. This page was last updated on 01/09/2026.

Is this investment advice?

No. All content is educational and based on historical data. Past performance does not guarantee future results. Consult a licensed advisor before investing.