ALPS/Smith Balanced Opportunity Fund (ALIBX) 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 ALIBX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ALIBX
ALIBX charges 1.12% annually. There are 453 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 | ALIBX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | ALIBX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | ALIBX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | ALIBX vs BWBIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | ALIBX vs FYMIX |
Best Risk-Adjusted Alternatives to ALIBX
ALIBX has a PortfoliosLab risk / return rank of 75. There are 116 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 | ALIBX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | ALIBX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | ALIBX vs NWQIX | |
| Allspring Diversified Capital Builder Fund | 95 | — | Jan 1998 | ALIBX vs EKBAX | |
| Pioneer Balanced ESG Fund | 95 | — | Dec 1991 | ALIBX vs AYBLX |
Top Performing ALIBX Alternatives (YTD)
ALIBX is at 8.39% YTD. There are 177 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 | ALIBX vs EKBAX | |
| Greenspring Fund | 21.91% | — | Jun 1983 | ALIBX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 20.27% | — | Aug 1998 | ALIBX vs MHELX | |
| Thornburg Investment Income Builder Fund Class I | 17.52% | — | Dec 2002 | ALIBX vs TIBIX | |
| Sound Mind Investing Fund | 15.84% | — | Dec 2005 | ALIBX vs SMIFX |
Lowest Volatility Alternatives to ALIBX
ALIBX has 9.32% 1-year volatility. There are 353 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 | ALIBX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.83% | — | Apr 2012 | ALIBX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.86% | — | Nov 2003 | ALIBX vs SICIX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | ALIBX vs AVEFX | |
| American Funds College 2027 Fund | 3.14% | — | Sep 2012 | ALIBX vs CSTAX |
Lowest Drawdown Alternatives to ALIBX
ALIBX has a 1-year max drawdown of -7.13%. There are 361 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 | ALIBX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | ALIBX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | ALIBX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | ALIBX vs SICIX | |
| Fidelity Strategic Real Return Fund Class K6 | -2.68% | — | Sep 2005 | ALIBX vs FSRKX |
Other Mutual Funds from ALPS
The 8 most viewed ALPS mutual funds shown here include INDAX, RLIIX, JCRAX and span 7 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ALPS/Kotak India ESG Fund | Asia Pacific Equities | 1 | -10.69% | 4.59M | Feb 2011 | ALIBX vs INDAX | |
| RiverFront Asset Allocation Growth & Income | Diversified Portfolio | 70 | 7.49% | — | Aug 2010 | ALIBX vs RLIIX | |
| ALPS/CoreCommodity Management CompleteCommoditiesS... | Commodities | 59 | 15.31% | 16.45M | Jun 2010 | ALIBX vs JCRAX | |
| ALPS/Red Rocks Global Opportunity Fund | Global Equities | 2 | -7.73% | 9.31M | Dec 2007 | ALIBX vs LPEFX | |
| ALPS/Smith Total Return Bond Fund | Intermediate Core-Plus Bond | — | — | 3.25B | Jun 2018 | ALIBX vs SMTRX | |
| ALPS/Red Rocks Global Opportunity Portfolio | Global Equities | 1 | -9.29% | — | Oct 2014 | ALIBX vs AVPEX | |
| ALPS/Smith Short Duration Bond Fund | Short-Term Bond | 84 | 0.55% | 630.45M | Jun 2018 | ALIBX vs SMRSX | |
| ALPS/Smith Credit Opportunities Fund | Multisector Bonds | 40 | 1.08% | — | Sep 2020 | ALIBX vs SMCVX |
Often Compared With ALIBX
Investors most often compare ALIBX with SMTH, CONWX, WWWEX. These 19 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare ALIBX with Any Fund or Stock
Compare ALIBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ALIBX with funds that move differently
ALPS/Smith Balanced Opportunity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ALIBX.
Explore ALIBX Diversifiers