BlackRock Systematic Multi-Strategy Fund (BAMBX) Alternatives
BlackRock Systematic Multi-Strategy Fund (BAMBX) belongs to the Multistrategy category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BAMBX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to BAMBX
BAMBX charges 1.20% annually. Among mutual funds in the Multistrategy category, these options have the lowest expense ratios among BAMBX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Aspiriant Defensive Allocation Fund | 0.18% | Dec 13, 2015 | BAMBX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | Nov 11, 2018 | BAMBX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | Feb 14, 2018 | BAMBX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | May 1, 2019 | BAMBX vs GAAVX | |
| Allspring Alternative Risk Premia Fund | 0.72% | Jan 28, 2019 | BAMBX vs WRPIX |
Best Risk-Adjusted Alternatives to BAMBX
Among mutual funds in the Multistrategy category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Stone Ridge Reinsurance Risk Premium Interval Fund | 100 | Dec 9, 2013 | BAMBX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | Aug 14, 2017 | BAMBX vs ARBIX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 99 | Feb 1, 2013 | BAMBX vs SHRIX | |
| AQR Diversified Arbitrage Fund Class I | 99 | Jan 15, 2009 | BAMBX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 99 | Jan 15, 2009 | BAMBX vs ADANX |
Top Performing BAMBX Alternatives (YTD)
BAMBX alternatives from the Multistrategy category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| AQR Style Premia Alternative R6 | 9.99% | Sep 2, 2014 | BAMBX vs QSPRX | |
| AQR Style Premia Alternative Fund Class N | 9.96% | Oct 30, 2013 | BAMBX vs QSPNX | |
| AQR Style Premia Alternative Fund | 9.94% | Oct 29, 2013 | BAMBX vs QSPIX | |
| Allspring Alternative Risk Premia Fund | 9.08% | Jan 28, 2019 | BAMBX vs WRPIX | |
| AQR Alternative Risk Premia R6 | 8.62% | Sep 19, 2017 | BAMBX vs QRPRX |
Lowest Volatility Alternatives to BAMBX
BAMBX alternatives from the Multistrategy category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.26% | Aug 14, 2017 | BAMBX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class N | 1.53% | Jan 15, 2009 | BAMBX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | 1.54% | Jan 15, 2009 | BAMBX vs ADAIX | |
| T. Rowe Price Multi-Strategy Total Return Fund | 2.10% | Feb 22, 2018 | BAMBX vs TMSRX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 2.40% | Feb 1, 2013 | BAMBX vs SHRIX |
Lowest Drawdown Alternatives to BAMBX
BAMBX alternatives from the Multistrategy category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | Aug 14, 2017 | BAMBX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | Dec 9, 2013 | BAMBX vs SRRIX | |
| AQR Diversified Arbitrage Fund Class I | -0.64% | Jan 15, 2009 | BAMBX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | -0.64% | Jan 15, 2009 | BAMBX vs ADANX | |
| FS Credit Income Fund Class I | -1.31% | Nov 1, 2017 | BAMBX vs FCRIX |
Other Mutual Funds from BlackRock
Most popular BlackRock mutual funds on PortfoliosLab, across asset classes.
Often Compared With BAMBX
What investors most often compare with BAMBX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Goldman Sachs Multi-Manager Alternatives Fund | Multistrategy | 68 | -0.55% | Apr 29, 2013 | BAMBX vs GIMMX | |
| Goldman Sachs Absolute Return Tracker Fund | Multistrategy | 41 | -1.90% | May 29, 2008 | BAMBX vs GSRTX | |
| BlackRock Global Equity Market Neutral Fund | Equity Market Neutral | 96 | 3.51% | Dec 20, 2012 | BAMBX vs BDMAX | |
| AQR Diversifying Strategies Fund Class N | Tactical Allocation | 89 | 2.79% | Jun 8, 2020 | BAMBX vs QDSNX | |
| AQR Long-Short Equity N | Long-Short | 93 | -3.31% | Jul 16, 2013 | BAMBX vs QLENX | |
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | BAMBX vs SPY |
Compare BAMBX with Any Fund or Stock
Compare BAMBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.