Alger Balanced Portfolio Fund (ABLOX) 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 ABLOX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ABLOX
ABLOX charges 1.04% annually. There are 432 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 | ABLOX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | ABLOX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 64.10B | Dec 2000 | ABLOX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | ABLOX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | ABLOX vs BWBIX |
Best Risk-Adjusted Alternatives to ABLOX
ABLOX has a PortfoliosLab risk / return rank of 85. There are 29 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 | ABLOX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 97 | — | Dec 2002 | ABLOX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | ABLOX vs NWQIX | |
| Pioneer Balanced ESG Fund | 93 | — | Dec 1991 | ABLOX vs AYBLX | |
| Victory Pioneer Balanced Fund Class A | 93 | — | Dec 1991 | ABLOX vs AOBLX |
Top Performing ABLOX Alternatives (YTD)
ABLOX is at 9.97% YTD. There are 72 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 31.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 31.24% | — | Jan 1998 | ABLOX vs EKBAX | |
| Greenspring Fund | 19.30% | — | Jun 1983 | ABLOX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 19.20% | — | Aug 1998 | ABLOX vs MHELX | |
| ICON Equity Income Fund | 18.43% | — | May 2004 | ABLOX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 16.12% | — | Dec 2002 | ABLOX vs TIBIX |
Lowest Volatility Alternatives to ABLOX
ABLOX has 9.78% 1-year volatility. There are 367 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | ABLOX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.82% | — | Nov 2003 | ABLOX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.87% | — | Apr 2012 | ABLOX vs SCLAX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | ABLOX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | ABLOX vs CSTAX |
Lowest Drawdown Alternatives to ABLOX
ABLOX has a 1-year max drawdown of -6.15%. There are 247 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 | ABLOX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | ABLOX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | ABLOX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | ABLOX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | ABLOX vs CSTAX |
Other Mutual Funds from Alger
The 10 most viewed Alger mutual funds shown here include ALGRX, ALAFX, ACAAX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Alger Focus Equity Fund Class I | Large Cap Growth Equities | 45 | 12.62% | — | Nov 1993 | ABLOX vs ALGRX | |
| Alger Focus Equity A Fund | Large Cap Growth Equities | 44 | 12.59% | — | Nov 1993 | ABLOX vs ALAFX | |
| Alger Capital Appreciation Fund | Large Cap Growth Equities | 30 | 10.62% | — | Dec 1996 | ABLOX vs ACAAX | |
| Alger Growth & Income Fund | Large Cap Blend Equities | 84 | 12.91% | — | Dec 1996 | ABLOX vs ALBAX | |
| Alger Large Cap Growth Portfolio Fund | Large Cap Growth Equities | 40 | 17.49% | — | Jan 1989 | ABLOX vs AAGOX | |
| Alger Capital Appreciation Portfolio | Large Cap Growth Equities | 32 | 10.56% | — | Jan 1995 | ABLOX vs ALVOX | |
| Alger Capital Appreciation Institutional Fund | Large Cap Growth Equities | 34 | 12.09% | — | Nov 1993 | ABLOX vs ALARX | |
| Alger Spectra Fund | Large Cap Growth Equities | 22 | 7.53% | — | Jul 1969 | ABLOX vs SPECX | |
| Alger Capital Appreciation Fund Class Z | Large Cap Growth Equities | 31 | 10.84% | — | Dec 2010 | ABLOX vs ACAZX | |
| Alger Weatherbie Specialized Growth Fund | Small Cap Growth Equities | 9 | 5.45% | — | May 2002 | ABLOX vs ALMAX |
Often Compared With ABLOX
Investors most often compare ABLOX with AAAAX, AMBFX, FCSRX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare ABLOX with Any Fund or Stock
Compare ABLOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ABLOX with funds that move differently
Alger Balanced Portfolio Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ABLOX.
Explore ABLOX Diversifiers