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 | |
|---|---|---|---|---|---|
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | BGCIX vs PMOTX | |
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | BGCIX vs GMODX | |
| 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 95. There are 8 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 | 99 | — | Jun 2019 | BGCIX vs SCFZX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | BGCIX vs APFPX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | BGCIX vs EIGMX | |
| DoubleLine Flexible Income Fund | 98 | — | Apr 2014 | BGCIX vs DFLEX |
Top Performing BGCIX Alternatives (YTD)
BGCIX is at 1.33% YTD. There are 33 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 6.50%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 6.50% | — | Aug 2010 | BGCIX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 4.57% | — | Apr 2015 | BGCIX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 4.15% | — | Jun 2007 | BGCIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 4.00% | — | Mar 2022 | BGCIX vs APFPX | |
| Anchor Risk Managed Credit Strategies Fund | 3.86% | — | Sep 2015 | BGCIX vs ATCSX |
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 1.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dunham Long/Short Credit Fund | 1.00% | — | Dec 2004 | BGCIX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.23% | — | Jan 2023 | BGCIX vs CBYYX | |
| DoubleLine Flexible Income Fund | 1.31% | — | Apr 2014 | BGCIX vs DFLEX | |
| GMO Opportunistic Income Fund | 1.35% | — | Oct 2011 | BGCIX vs GMODX | |
| Anfield Universal Fixed Income Fund | 1.41% | — | 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 | -0.76% | — | Mar 2011 | BGCIX vs PADZX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include NASDX, VFAIX, VTMFX and span 10 categories. AUM among these funds goes as high as $29B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Shelton Capital Management Nasdaq-100 Index Fund D... | Large Cap Growth Equities | 76 | 20.81% | — | Jan 2000 | BGCIX vs NASDX | |
| Vanguard Financials Index Fund Admiral Shares | Financials Equities | 4 | -5.11% | 13.70B | Feb 2004 | BGCIX vs VFAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | Diversified Portfolio | 81 | 5.85% | 11.90B | Sep 1994 | BGCIX vs VTMFX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | Large Cap Blend Equities | 70 | 11.07% | 28.60B | Sep 1994 | BGCIX vs VTCLX | |
| iShares S&P 500 Index Fund | S&P 500 | 74 | 11.54% | — | Jul 1993 | BGCIX vs WFSPX | |
| BlackRock ESG Capital Allocation Term Trust | Derivative Income, ESG | 32 | 12.58% | — | Sep 2021 | BGCIX vs ECAT | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 69 | 12.57% | — | May 2011 | BGCIX vs LIVIX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 91 | 12.00% | — | Dec 2012 | BGCIX vs BDMIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 76 | 11.37% | — | Dec 1991 | BGCIX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 67 | 14.60% | — | Jul 2010 | BGCIX vs ASFYX |
Often Compared With BGCIX
Investors most often compare BGCIX with RPIEX, SIFFX, RPELX. 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