Thrivent Balanced Income Plus Fund (AABFX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with AABFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AABFX
AABFX charges 1.00% annually. There are 413 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | AABFX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | AABFX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | AABFX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | AABFX vs BWBIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | AABFX vs VTMFX |
Best Risk-Adjusted Alternatives to AABFX
AABFX has a PortfoliosLab risk / return rank of 67. There are 207 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | AABFX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | AABFX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | AABFX vs NWQIX | |
| Allspring Diversified Capital Builder Fund | 95 | — | Jan 1998 | AABFX vs EKBAX | |
| Pioneer Balanced ESG Fund | 95 | — | Dec 1991 | AABFX vs AYBLX |
Top Performing AABFX Alternatives (YTD)
AABFX is at 5.49% YTD. There are 333 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 38.34%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 38.34% | — | Jan 1998 | AABFX vs EKBAX | |
| Greenspring Fund | 21.91% | — | Jun 1983 | AABFX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 20.27% | — | Aug 1998 | AABFX vs MHELX | |
| Thornburg Investment Income Builder Fund Class I | 17.52% | — | Dec 2002 | AABFX vs TIBIX | |
| Sound Mind Investing Fund | 15.84% | — | Dec 2005 | AABFX vs SMIFX |
Lowest Volatility Alternatives to AABFX
AABFX has 6.77% 1-year volatility. There are 153 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.85% | — | Nov 2003 | AABFX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.83% | — | Apr 2012 | AABFX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.86% | — | Nov 2003 | AABFX vs SICIX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | AABFX vs AVEFX | |
| American Funds College 2027 Fund | 3.14% | — | Sep 2012 | AABFX vs CSTAX |
Lowest Drawdown Alternatives to AABFX
AABFX has a 1-year max drawdown of -5.13%. There are 143 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | AABFX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | AABFX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | AABFX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | AABFX vs SICIX | |
| Fidelity Strategic Real Return Fund Class K6 | -2.68% | — | Sep 2005 | AABFX vs FSRKX |
Other Mutual Funds from Thrivent
The 10 most viewed Thrivent mutual funds shown here include AAAGX, TSCSX, TMSIX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Thrivent Large Cap Growth Fund | Large Cap Growth Equities | 18 | 3.45% | — | Oct 1999 | AABFX vs AAAGX | |
| Thrivent Small Cap Stock Fund Class S | Small Cap Blend Equities | 43 | 17.35% | — | Jul 1996 | AABFX vs TSCSX | |
| Thrivent Mid Cap Stock Fund Class S | Mid Cap Blend Equities | 43 | 16.84% | — | Jun 1993 | AABFX vs TMSIX | |
| Thrivent Mid Cap Stock Fund | Mid Cap Blend Equities | 43 | 16.75% | — | Jun 1993 | AABFX vs AASCX | |
| Thrivent Diversified Income Plus Fund | Diversified Portfolio | 78 | 3.69% | — | Jan 1997 | AABFX vs AAHYX | |
| Thrivent Global Stock Fund | Global Equities | 61 | 11.17% | — | Jul 1987 | AABFX vs AALGX | |
| Thrivent Large Cap Value Fund | Large Cap Value Equities | 86 | 12.43% | — | Oct 1999 | AABFX vs AAUTX | |
| Thrivent Moderately Aggressive Allocation Fund Cla... | Diversified Portfolio | 61 | 8.64% | — | Jun 2005 | AABFX vs TMAAX | |
| Thrivent Moderate Allocation Fund | Diversified Portfolio | 62 | 6.28% | — | Jun 2005 | AABFX vs THMAX | |
| Thrivent Aggressive Allocation Fund | Diversified Portfolio | 59 | 10.45% | — | Jun 2005 | AABFX vs TAAAX |
Often Compared With AABFX
Investors most often compare AABFX with AASMX, AAMBX, TCAAX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare AABFX with Any Fund or Stock
Compare AABFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AABFX with funds that move differently
Thrivent Balanced Income Plus Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AABFX.
Explore AABFX Diversifiers