Invesco Balanced-Risk Allocation Fund Class A (ABRZX) belongs to the Tactical Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ABRZX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ABRZX
ABRZX charges 1.41% annually. There are 43 mutual funds in the Tactical Allocation category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs Growth and Income Strategy Portfolio | 0.19% | — | Jan 1998 | ABRZX vs GOIIX | |
| Goldman Sachs Balanced Strategy Portfolio | 0.19% | — | Jan 1998 | ABRZX vs GIPIX | |
| PIMCO All Asset All Authority Fund | 0.21% | — | Oct 2003 | ABRZX vs PAUIX | |
| Columbia Thermostat Fund | 0.24% | — | Sep 2002 | ABRZX vs COTZX | |
| GuidePath Flexible Income Allocation Fund | 0.50% | — | Aug 2012 | ABRZX vs GPIFX |
Best Risk-Adjusted Alternatives to ABRZX
ABRZX has a PortfoliosLab risk / return rank of 88. There are 10 mutual funds in the Tactical Allocation category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Astor Dynamic Allocation Fund | 94 | — | Oct 2009 | ABRZX vs ASTIX | |
| Potomac Defensive Bull Fund | 93 | — | Jun 2020 | ABRZX vs CRDBX | |
| Teberg Fund | 92 | — | Mar 2002 | ABRZX vs TEBRX | |
| Donoghue Forlines Tactical Allocation Fund | 92 | — | Apr 2018 | ABRZX vs GTAIX | |
| Donoghue Forlines Momentum Fund | 92 | — | Dec 2016 | ABRZX vs MOJOX |
Top Performing ABRZX Alternatives (YTD)
ABRZX is at 17.65% YTD. There are 8 mutual funds in the Tactical Allocation category with higher YTD returns, going as high as 52.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quantified Evolution Plus Fund | 52.24% | — | Sep 2019 | ABRZX vs QEVOX | |
| Donoghue Forlines Momentum Fund | 43.41% | — | Dec 2016 | ABRZX vs MOJOX | |
| Teberg Fund | 32.96% | — | Mar 2002 | ABRZX vs TEBRX | |
| Quantified STF Fund | 25.73% | — | Nov 2015 | ABRZX vs QSTFX | |
| Quantified Market Leaders Fund | 21.38% | — | Aug 2013 | ABRZX vs QMLFX |
Lowest Volatility Alternatives to ABRZX
ABRZX has 9.31% 1-year volatility. There are 34 mutual funds in the Tactical Allocation category with lower 1-year volatility, going as low as 2.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | 2.50% | — | Aug 2012 | ABRZX vs GPIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 2.68% | — | Apr 2012 | ABRZX vs SIOAX | |
| Goldman Sachs TacticalTiltOverlayFund | 2.78% | — | Jul 2014 | ABRZX vs TTIFX | |
| Hundredfold Select Alternative Fund | 4.74% | — | Aug 2004 | ABRZX vs SFHYX | |
| Hundredfold Select Alternative Fund Investor Class | 4.75% | — | — | ABRZX vs HFSAX |
Lowest Drawdown Alternatives to ABRZX
ABRZX has a 1-year max drawdown of -4.25%. There are 11 mutual funds in the Tactical Allocation category with shallower 1-year drawdowns, going as shallow as -1.69%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | -1.69% | — | Aug 2012 | ABRZX vs GPIFX | |
| AQR Diversifying Strategies Fund Class N | -1.97% | — | Jun 2020 | ABRZX vs QDSNX | |
| Goldman Sachs TacticalTiltOverlayFund | -2.11% | — | Jul 2014 | ABRZX vs TTIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | -2.34% | — | Apr 2012 | ABRZX vs SIOAX | |
| Hussman Strategic Total Return Fund | -2.42% | — | Sep 2002 | ABRZX vs HSTRX |
Other Mutual Funds from Invesco
The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, OPGSX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 71 | 20.39% | — | Oct 2020 | ABRZX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 43 | 10.14% | — | — | ABRZX vs VADAX | |
| Invesco Gold & Special Minerals Fund | Gold, Precious Metals | 23 | -3.25% | — | Jul 1983 | ABRZX vs OPGSX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 16 | 9.63% | — | Jun 2005 | ABRZX vs VAFAX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 85 | 24.13% | — | Jun 2001 | ABRZX vs VVOAX | |
| Invesco Comstock Fund | Large Cap Value Equities | 63 | 10.38% | — | Oct 1968 | ABRZX vs ACSTX | |
| Invesco Small Cap Value Fund | Small Cap Value Equities | 89 | 32.95% | — | Jun 1999 | ABRZX vs VSCAX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 36 | 5.31% | — | Feb 1988 | ABRZX vs MSIGX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 63 | 6.66% | — | Aug 1960 | ABRZX vs ACEIX | |
| Invesco Global Fund | Global Equities | 26 | 9.69% | — | Dec 1969 | ABRZX vs OPPAX |
Often Compared With ABRZX
Investors most often compare ABRZX with GUG, PMYRX, CRTBX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare ABRZX with Any Fund or Stock
Compare ABRZX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ABRZX with funds that move differently
Invesco Balanced-Risk Allocation Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ABRZX.
Explore ABRZX Diversifiers