Invesco Equity and Income Fund (ACEIX) 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 ACEIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ACEIX
ACEIX charges 0.78% annually. There are 334 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 | ACEIX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | ACEIX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 64.10B | Dec 2000 | ACEIX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | ACEIX vs TSAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | ACEIX vs VTMFX |
Best Risk-Adjusted Alternatives to ACEIX
ACEIX has a PortfoliosLab risk / return rank of 66. There are 196 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 | ACEIX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 97 | — | Dec 2002 | ACEIX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | ACEIX vs NWQIX | |
| Pioneer Balanced ESG Fund | 94 | — | Dec 1991 | ACEIX vs AYBLX | |
| Victory Pioneer Balanced Fund Class A | 94 | — | Dec 1991 | ACEIX vs AOBLX |
Top Performing ACEIX Alternatives (YTD)
ACEIX is at 7.57% YTD. There are 218 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 33.16%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 33.16% | — | Jan 1998 | ACEIX vs EKBAX | |
| Greenspring Fund | 20.03% | — | Jun 1983 | ACEIX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 19.67% | — | Aug 1998 | ACEIX vs MHELX | |
| ICON Equity Income Fund | 17.57% | — | May 2004 | ACEIX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 16.15% | — | Dec 2002 | ACEIX vs TIBIX |
Lowest Volatility Alternatives to ACEIX
ACEIX has 8.22% 1-year volatility. There are 229 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 | ACEIX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.83% | — | Nov 2003 | ACEIX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.86% | — | Apr 2012 | ACEIX vs SCLAX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | ACEIX vs AVEFX | |
| American Funds College 2027 Fund | 3.09% | — | Sep 2012 | ACEIX vs CSTAX |
Lowest Drawdown Alternatives to ACEIX
ACEIX has a 1-year max drawdown of -5.50%. There are 172 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 | ACEIX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | ACEIX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | ACEIX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | ACEIX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | ACEIX vs CSTAX |
Other Mutual Funds from Invesco
The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, VAFAX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 59 | 18.33% | — | Oct 2020 | ACEIX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 44 | 12.58% | — | — | ACEIX vs VADAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 12 | 8.27% | — | Jun 2005 | ACEIX vs VAFAX | |
| Invesco Gold & Special Minerals Fund | Gold, Precious Metals | 25 | -10.19% | — | Jul 1983 | ACEIX vs OPGSX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 80 | 20.03% | — | Jun 2001 | ACEIX vs VVOAX | |
| Invesco Comstock Fund | Large Cap Value Equities | 68 | 12.28% | — | Oct 1968 | ACEIX vs ACSTX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 35 | 7.85% | — | Feb 1988 | ACEIX vs MSIGX | |
| Invesco Small Cap Value Fund | Small Cap Value Equities | 79 | 27.70% | — | Jun 1999 | ACEIX vs VSCAX | |
| Invesco Global Fund | Global Equities | 19 | 8.22% | — | Dec 1969 | ACEIX vs OPPAX | |
| Invesco Equally-Weighted S&P 500 Fund | S&P 500 | 45 | 12.75% | — | Jul 1997 | ACEIX vs VADDX |
Often Compared With ACEIX
Investors most often compare ACEIX with SPY, VUSA.L, FNARX. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare ACEIX with Any Fund or Stock
Compare ACEIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ACEIX with funds that move differently
Invesco Equity and Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ACEIX.
Explore ACEIX Diversifiers