Northern Global Tactical Asset Allocation Fund (BBALX) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BBALX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BBALX
BBALX charges 0.26% annually. There are 5 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | — | Feb 2012 | BBALX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | BBALX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | BBALX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | BBALX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | BBALX vs JNSMX |
Best Risk-Adjusted Alternatives to BBALX
BBALX has a PortfoliosLab risk / return rank of 61. There are 41 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 97 | — | Dec 2002 | BBALX vs TIBAX | |
| GMO Benchmark-Free Fund | 95 | — | Jun 2011 | BBALX vs GBFFX | |
| Principal Diversified Select Real Asset Fund | 94 | — | Jul 2019 | BBALX vs PDSYX | |
| GMO Implementation Fund | 94 | — | Feb 2012 | BBALX vs GIMFX | |
| GMO Benchmark-Free Allocation Fund | 94 | — | Jul 2003 | BBALX vs GBMFX |
Top Performing BBALX Alternatives (YTD)
BBALX is at 7.71% YTD. There are 41 mutual funds in the Global Allocation category with higher YTD returns, going as high as 22.73%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Dynamic Income Fund | 22.73% | — | Jun 2007 | BBALX vs CHW | |
| Calamos Global Total Return Fund | 22.71% | — | Oct 2005 | BBALX vs CGO | |
| Calamos Global Opportunities Fund | 15.85% | — | Sep 1996 | BBALX vs CVLOX | |
| Thornburg Investment Income Builder Fund | 15.22% | — | Dec 2002 | BBALX vs TIBAX | |
| Wilmington Real Asset Fund | 13.62% | — | Jun 2003 | BBALX vs WMRIX |
Lowest Volatility Alternatives to BBALX
BBALX has 8.86% 1-year volatility. There are 31 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.03% | — | Jul 2019 | BBALX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.44% | — | Dec 2017 | BBALX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.68% | — | Mar 2011 | BBALX vs LFMIX | |
| Nuveen Real Asset Income Fund | 5.88% | — | Sep 2011 | BBALX vs NRIIX | |
| Pioneer Multi-Asset Income Fund | 5.92% | — | Dec 2011 | BBALX vs PMFYX |
Lowest Drawdown Alternatives to BBALX
BBALX has a 1-year max drawdown of -6.42%. There are 27 mutual funds in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -1.98%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | -1.98% | — | Jul 2019 | BBALX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | BBALX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | BBALX vs PFADX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | BBALX vs PMFYX | |
| Morningstar Global Income Fund | -4.38% | — | Nov 2018 | BBALX vs MSTGX |
Other Mutual Funds from Northern Funds
The 10 most viewed Northern Funds mutual funds shown here include NOIEX, NOSIX, NHFIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Northern Income Equity Fund | Large Cap Value Equities | 76 | 12.21% | — | Mar 1994 | BBALX vs NOIEX | |
| Northern Stock Index Fund | Large Cap Blend Equities | 65 | 10.86% | — | Oct 1996 | BBALX vs NOSIX | |
| Northern High Yield Fixed Income Fund | High Yield Bonds | 84 | 2.34% | — | Dec 1998 | BBALX vs NHFIX | |
| Northern Global Sustainability Index Fund | Global Equities | 54 | 9.87% | — | Mar 2008 | BBALX vs NSRIX | |
| Northern International Equity Index Fund | Foreign Large Cap Equities | 35 | 10.36% | — | Mar 2005 | BBALX vs NOINX | |
| Northern Small Cap Value Fund | Small Cap Value Equities | 74 | 20.50% | — | Mar 1994 | BBALX vs NOSGX | |
| Northern Large Cap Core Fund | Large Cap Blend Equities | 77 | 10.25% | — | Dec 2005 | BBALX vs NOLCX | |
| Northern Small Cap Core Fund | Small Cap Blend Equities | 77 | 22.13% | — | Sep 1999 | BBALX vs NSGRX | |
| Northern Bond Index Fund | Intermediate Core Bond | 16 | -0.24% | — | Feb 2007 | BBALX vs NOBOX | |
| Northern Mid Cap Index Fund | Mid Cap Blend Equities | 42 | 15.24% | — | Mar 2005 | BBALX vs NOMIX |
Often Compared With BBALX
Investors most often compare BBALX with NOCBX, HRLYX, RALIX. These 12 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare BBALX with Any Fund or Stock
Compare BBALX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BBALX with funds that move differently
Northern Global Tactical Asset Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BBALX.
Explore BBALX Diversifiers