BlackRock Strategic Income Opportunities Fund Investor A (BASIX) belongs to the Nontraditional Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BASIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BASIX
BASIX charges 0.96% annually. There are 32 mutual funds in the Nontraditional Bonds category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | BASIX vs GMODX | |
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | BASIX vs PMOTX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | BASIX vs SUBFX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | BASIX vs FPFIX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | BASIX vs PUTIX |
Best Risk-Adjusted Alternatives to BASIX
BASIX has a PortfoliosLab risk / return rank of 67. There are 33 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | BASIX vs CBYYX | |
| PGIM Securitized Credit Fund | 100 | — | Jun 2019 | BASIX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | BASIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | BASIX vs APFPX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 98 | — | Aug 2010 | BASIX vs EGRIX |
Top Performing BASIX Alternatives (YTD)
BASIX is at 1.74% YTD. There are 26 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 8.64%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 8.64% | — | Aug 2010 | BASIX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 5.58% | — | Apr 2015 | BASIX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 5.42% | — | Jun 2007 | BASIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 4.47% | — | Mar 2022 | BASIX vs APFPX | |
| T. Rowe Price Dynamic Global Bond Fund | 4.15% | — | Jan 2015 | BASIX vs RPIEX |
Lowest Volatility Alternatives to BASIX
BASIX has 2.76% 1-year volatility. There are 36 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 1.01%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dunham Long/Short Credit Fund | 1.01% | — | Dec 2004 | BASIX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.22% | — | Jan 2023 | BASIX vs CBYYX | |
| GMO Opportunistic Income Fund | 1.32% | — | Oct 2011 | BASIX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.34% | — | Sep 2011 | BASIX vs BGCIX | |
| DoubleLine Flexible Income Fund | 1.38% | — | Apr 2014 | BASIX vs DFLEX |
Lowest Drawdown Alternatives to BASIX
BASIX has a 1-year max drawdown of -2.74%. There are 53 mutual funds in the Nontraditional Bonds category with shallower 1-year drawdowns, going as shallow as -0.09%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.09% | — | Jan 2023 | BASIX vs CBYYX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | BASIX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | BASIX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | BASIX vs GMODX | |
| PGIM Absolute Return Bond Fund | -0.86% | — | Mar 2011 | BASIX vs PADZX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 39 | 15.10% | — | Sep 2021 | BASIX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 65 | 11.33% | — | Jul 1993 | BASIX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.25% | — | Dec 2012 | BASIX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 64 | 12.43% | — | May 2011 | BASIX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 73 | 11.70% | — | Dec 1991 | BASIX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 51 | 9.56% | — | Jul 2010 | BASIX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 41 | 5.97% | — | Aug 2005 | BASIX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 50 | 34.57% | — | Apr 2000 | BASIX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 72 | 6.74% | — | Oct 2007 | BASIX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 72 | 13.91% | — | Sep 1999 | BASIX vs FAMRX |
Often Compared With BASIX
Investors most often compare BASIX with VGMS, BND, SCYB. These 19 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare BASIX with Any Fund or Stock
Compare BASIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BASIX with funds that move differently
BlackRock Strategic Income Opportunities Fund Investor A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BASIX.
Explore BASIX Diversifiers