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 | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | BGCIX vs PUTIX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | BGCIX vs FPFIX |
Best Risk-Adjusted Alternatives to BGCIX
BGCIX has a PortfoliosLab risk / return rank of 91. There are 14 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 100 | — | Jul 2021 | BGCIX vs CELFX | |
| 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 |
Top Performing BGCIX Alternatives (YTD)
BGCIX is at 1.44% 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 | BGCIX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 5.66% | — | Apr 2015 | BGCIX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 5.42% | — | Jun 2007 | BGCIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 5.21% | — | Mar 2022 | BGCIX vs APFPX | |
| Cliffwater Enhanced Lending Fund | 4.46% | — | Jul 2021 | BGCIX vs CELFX |
Lowest Volatility Alternatives to BGCIX
BGCIX has 1.36% 1-year volatility. There are 4 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 0.85% | — | Jul 2021 | BGCIX vs CELFX | |
| Dunham Long/Short Credit Fund | 1.00% | — | Dec 2004 | BGCIX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.20% | — | Jan 2023 | BGCIX vs CBYYX | |
| GMO Opportunistic Income Fund | 1.32% | — | Oct 2011 | BGCIX vs GMODX | |
| DoubleLine Flexible Income Fund | 1.39% | — | Apr 2014 | BGCIX vs DFLEX |
Lowest Drawdown Alternatives to BGCIX
BGCIX has a 1-year max drawdown of -0.99%. There are 9 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 | |
| Cliffwater Enhanced Lending Fund | -0.18% | — | Jul 2021 | BGCIX vs CELFX | |
| 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 |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 29 | 10.45% | — | Sep 2021 | BGCIX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 63 | 9.34% | — | Jul 1993 | BGCIX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 97 | 12.04% | — | Dec 2012 | BGCIX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund - Institutional... | Target Retirement Date | 70 | 11.03% | — | May 2011 | BGCIX vs LIVIX | |
| BlackRock Enhanced Equity Dividend Trust | Derivative Income | 64 | 8.08% | — | Aug 2005 | BGCIX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 30 | 22.08% | — | May 2000 | BGCIX vs BGSAX | |
| BlackRock Global Equity Market Neutral Fund Invest... | Equity Market Neutral | 97 | 11.82% | — | Dec 2012 | BGCIX vs BDMAX | |
| BlackRock Equity Dividend Fund | Large Cap Value Equities | 87 | 15.65% | — | Nov 1988 | BGCIX vs MADVX | |
| BlackRock Strategic Income Opportunities Fund Clas... | Total Bond Market | 64 | 1.03% | — | Feb 2008 | BGCIX vs BSIIX | |
| BlackRock High Yield K | High Yield Bonds | 78 | 1.22% | — | Jan 2001 | BGCIX vs BRHYX |
Often Compared With BGCIX
Investors most often compare BGCIX with RPIEX, PADZX, SIFFX. These 20 comparison targets span 1 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