BlackRock Global Long/Short Credit Fund (BGCIX) 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 BGCIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BGCIX
BGCIX charges 1.12% annually. There are 47 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 | BGCIX vs GMODX | |
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | BGCIX vs PMOTX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | BGCIX vs SUBFX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | BGCIX vs FPFIX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | BGCIX vs PUTIX |
Best Risk-Adjusted Alternatives to BGCIX
BGCIX has a PortfoliosLab risk / return rank of 94. There are 12 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 | BGCIX vs CBYYX | |
| PGIM Securitized Credit Fund | 100 | — | Jun 2019 | BGCIX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | BGCIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | BGCIX vs APFPX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 98 | — | Aug 2010 | BGCIX vs EGRIX |
Top Performing BGCIX Alternatives (YTD)
BGCIX is at 1.55% YTD. There are 31 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 | BGCIX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 5.58% | — | Apr 2015 | BGCIX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 5.42% | — | Jun 2007 | BGCIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 4.47% | — | Mar 2022 | BGCIX vs APFPX | |
| T. Rowe Price Dynamic Global Bond Fund | 4.15% | — | Jan 2015 | BGCIX vs RPIEX |
Lowest Volatility Alternatives to BGCIX
BGCIX has 1.34% 1-year volatility. There are 3 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 | BGCIX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.22% | — | Jan 2023 | BGCIX vs CBYYX | |
| GMO Opportunistic Income Fund | 1.32% | — | Oct 2011 | BGCIX vs GMODX | |
| DoubleLine Flexible Income Fund | 1.38% | — | Apr 2014 | BGCIX vs DFLEX | |
| Anfield Universal Fixed Income Fund | 1.43% | — | Jun 2013 | BGCIX vs AFLIX |
Lowest Drawdown Alternatives to BGCIX
BGCIX has a 1-year max drawdown of -0.99%. There are 8 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 | BGCIX vs CBYYX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | BGCIX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | BGCIX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | BGCIX vs GMODX | |
| PGIM Absolute Return Bond Fund | -0.86% | — | Mar 2011 | BGCIX 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 | BGCIX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 65 | 11.33% | — | Jul 1993 | BGCIX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.25% | — | Dec 2012 | BGCIX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 64 | 12.43% | — | May 2011 | BGCIX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 73 | 11.70% | — | Dec 1991 | BGCIX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 51 | 9.56% | — | Jul 2010 | BGCIX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 41 | 5.97% | — | Aug 2005 | BGCIX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 50 | 34.57% | — | Apr 2000 | BGCIX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 72 | 6.74% | — | Oct 2007 | BGCIX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 72 | 13.91% | — | Sep 1999 | BGCIX vs FAMRX |
Often Compared With BGCIX
Investors most often compare BGCIX with SIFFX, RPELX, COSIX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare BGCIX with Any Fund or Stock
Compare BGCIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BGCIX with funds that move differently
BlackRock Global Long/Short Credit Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BGCIX.
Explore BGCIX Diversifiers