BlackRock Enhanced Equity Dividend Fund (BDJ) belongs to the Derivative Income category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BDJ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BDJ
BDJ charges 0.86% annually. There are 7 mutual funds in the Derivative Income category with lower expense ratios, going as low as 0.44%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 0.44% | 236.88M | Feb 2016 | BDJ vs PUTW | |
| USCF Gold Strategy Plus Income Fund | 0.45% | — | Nov 2021 | BDJ vs USG | |
| JPMorgan Equity Premium Income Fund Class I | 0.59% | — | Aug 2018 | BDJ vs JEPIX | |
| Shelton Equity Income Fund | 0.72% | — | Sep 1996 | BDJ vs EQTIX | |
| Cullen Enhanced Equity Income Fund | 0.75% | — | Dec 2015 | BDJ vs ENHNX |
Best Risk-Adjusted Alternatives to BDJ
BDJ has a PortfoliosLab risk / return rank of 45. There are 8 mutual funds in the Derivative Income category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Enhanced Large Cap Core Fund | 90 | — | Apr 2004 | BDJ vs CII | |
| Virtus Equity & Convertible Income Fund | 75 | — | Feb 2007 | BDJ vs NIE | |
| BlackRock High Equity Income Fund | 67 | — | Apr 1998 | BDJ vs BMCIX | |
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | 67 | — | Jan 2007 | BDJ vs QQQX | |
| Invesco Income Advantage U.S. Fund | 67 | — | Mar 2006 | BDJ vs SCAUX |
Top Performing BDJ Alternatives (YTD)
BDJ is at 6.96% YTD. There are 15 mutual funds in the Derivative Income category with higher YTD returns, going as high as 15.17%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | 15.17% | — | Sep 2021 | BDJ vs ECAT | |
| BlackRock Enhanced Large Cap Core Fund | 14.82% | — | Apr 2004 | BDJ vs CII | |
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | 11.69% | — | Jan 2007 | BDJ vs QQQX | |
| Virtus Equity & Convertible Income Fund | 11.66% | — | Feb 2007 | BDJ vs NIE | |
| BlackRock High Equity Income Fund | 11.56% | — | Apr 1998 | BDJ vs BMCIX |
Lowest Volatility Alternatives to BDJ
BDJ has 12.20% 1-year volatility. There are 12 mutual funds in the Derivative Income category with lower 1-year volatility, going as low as 8.71%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| JPMorgan Equity Premium Income Fund Class I | 8.71% | — | Aug 2018 | BDJ vs JEPIX | |
| The Covered Bridge Fund | 8.73% | — | Sep 2013 | BDJ vs TCBIX | |
| JPMorgan Equity Premium Income Fund Class A | 8.77% | — | Aug 2018 | BDJ vs JEPAX | |
| Crossmark Steward Covered Call Income Fund | 8.88% | — | Dec 2017 | BDJ vs SCJIX | |
| Madison Covered Call & Equity Income Fund | 9.51% | — | Oct 2009 | BDJ vs MENYX |
Lowest Drawdown Alternatives to BDJ
BDJ has a 1-year max drawdown of -12.28%. There are 18 mutual funds in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -5.26%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| The Covered Bridge Fund | -5.26% | — | Sep 2013 | BDJ vs TCBIX | |
| Cullen Enhanced Equity Income Fund | -6.34% | — | Dec 2015 | BDJ vs ENHNX | |
| Invesco Income Advantage U.S. Fund | -7.05% | — | Mar 2006 | BDJ vs SCAUX | |
| Shelton Equity Income Fund | -7.10% | — | Sep 1996 | BDJ vs EQTIX | |
| JPMorgan Equity Premium Income Fund Class A | -7.41% | — | Aug 2018 | BDJ vs JEPAX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include WFSPX, BDMIX, LIVIX and span 8 categories. AUM among these funds goes as high as $11B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Index Fund Class K | S&P 500 | 62 | 10.45% | — | Jul 1993 | BDJ vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.18% | — | Dec 2012 | BDJ vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 60 | 11.17% | — | May 2011 | BDJ vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 71 | 10.57% | — | Dec 1991 | BDJ vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 56 | 10.47% | — | Jul 2010 | BDJ vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 40 | 28.69% | — | Apr 2000 | BDJ vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 75 | 6.57% | — | Oct 2007 | BDJ vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 69 | 12.59% | — | Sep 1999 | BDJ vs FAMRX | |
| Vanguard Tax-Managed Small-Cap Fund Admiral Shares | Small Cap Blend Equities | 71 | 21.34% | 10.70B | Mar 1999 | BDJ vs VTMSX | |
| BlackRock Strategic Income Opportunities Fund Clas... | Total Bond Market | 65 | 1.56% | — | Feb 2008 | BDJ vs BSIIX |
Often Compared With BDJ
Investors most often compare BDJ with JEPQ, JEPI, BHK. These 19 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare BDJ with Any Fund or Stock
Compare BDJ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BDJ with funds that move differently
BlackRock Enhanced Equity Dividend Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BDJ.
Explore BDJ Diversifiers