BlackRock Global Equity Market Neutral Fund Institutional Shares (BGCKX) belongs to the Equity Market Neutral category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BGCKX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BGCKX
BGCKX charges 1.29% annually. No mutual funds in the Equity Market Neutral category have lower expense ratios; the lowest-cost alternatives shown here go as low as 1.51%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Gotham Neutral Fund Institutional Class | 1.51% | — | Aug 2013 | BGCKX vs GONIX | |
| BlackRock Global Equity Market Neutral Fund | 1.60% | — | Dec 2012 | BGCKX vs BDMAX | |
| Bridgeway Global Opportunities Fund Class N | 1.63% | — | Oct 2024 | BGCKX vs BRGOX | |
| Miller Market Neutral Income Fund Class I | 1.69% | — | Dec 2023 | BGCKX vs MMNIX | |
| Federated Hermes MDT Market Neutral Fund Instituti... | 1.86% | — | Sep 2008 | BGCKX vs QQMNX |
Best Risk-Adjusted Alternatives to BGCKX
BGCKX has a PortfoliosLab risk / return rank of 91. There is 1 mutual fund in the Equity Market Neutral category with a higher risk-adjusted rank, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Market Neutral Income Fund Class I | 99 | — | Dec 2023 | BGCKX vs MMNIX | |
| BlackRock Global Equity Market Neutral Fund | 91 | — | Dec 2012 | BGCKX vs BDMAX | |
| Bridgeway Global Opportunities Fund Class N | 47 | — | Oct 2024 | BGCKX vs BRGOX | |
| Federated Hermes MDT Market Neutral Fund Instituti... | 7 | — | Sep 2008 | BGCKX vs QQMNX | |
| AQR Equity Market Neutral Fund Class I | 6 | — | Oct 2014 | BGCKX vs QMNIX |
Top Performing BGCKX Alternatives (YTD)
BGCKX is at 12.50% YTD. No mutual funds in the Equity Market Neutral category have higher YTD returns; the top-performing alternatives shown here go as high as 12.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund | 12.35% | — | Dec 2012 | BGCKX vs BDMAX | |
| Bridgeway Global Opportunities Fund Class N | 4.08% | — | Oct 2024 | BGCKX vs BRGOX | |
| Miller Market Neutral Income Fund Class I | 3.47% | — | Dec 2023 | BGCKX vs MMNIX | |
| Federated Hermes MDT Market Neutral Fund Instituti... | -0.05% | — | Sep 2008 | BGCKX vs QQMNX | |
| Gotham Neutral Fund Institutional Class | -2.60% | — | Aug 2013 | BGCKX vs GONIX |
Lowest Volatility Alternatives to BGCKX
BGCKX has 6.85% 1-year volatility. There are 7 mutual funds in the Equity Market Neutral category with lower 1-year volatility, going as low as 1.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Market Neutral Income Fund Class I | 1.56% | — | Dec 2023 | BGCKX vs MMNIX | |
| Gotham Neutral Fund Institutional Class | 5.46% | — | Aug 2013 | BGCKX vs GONIX | |
| Federated Hermes MDT Market Neutral Fund Instituti... | 6.71% | — | Sep 2008 | BGCKX vs QQMNX | |
| AQR Equity Market Neutral Fund Class I | 6.72% | — | Oct 2014 | BGCKX vs QMNIX | |
| AQR Equity Market Neutral Fund N | 6.74% | — | Oct 2014 | BGCKX vs QMNNX |
Lowest Drawdown Alternatives to BGCKX
BGCKX has a 1-year max drawdown of -3.51%. There is 1 mutual fund in the Equity Market Neutral category with a shallower 1-year drawdown, going as shallow as -0.46%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Market Neutral Income Fund Class I | -0.46% | — | Dec 2023 | BGCKX vs MMNIX | |
| BlackRock Global Equity Market Neutral Fund | -3.55% | — | Dec 2012 | BGCKX vs BDMAX | |
| Gotham Neutral Fund Institutional Class | -3.99% | — | Aug 2013 | BGCKX vs GONIX | |
| Federated Hermes MDT Market Neutral Fund Instituti... | -4.37% | — | Sep 2008 | BGCKX vs QQMNX | |
| Bridgeway Global Opportunities Fund Class N | -4.37% | — | Oct 2024 | BGCKX vs BRGOX |
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 | 75 | 21.38% | — | Jan 2000 | BGCKX vs NASDX | |
| Vanguard Financials Index Fund Admiral Shares | Financials Equities | 4 | -5.08% | 13.70B | Feb 2004 | BGCKX vs VFAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | Diversified Portfolio | 81 | 6.03% | 11.90B | Sep 1994 | BGCKX vs VTMFX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | Large Cap Blend Equities | 70 | 11.31% | 28.60B | Sep 1994 | BGCKX vs VTCLX | |
| iShares S&P 500 Index Fund | S&P 500 | 73 | 11.69% | — | Jul 1993 | BGCKX vs WFSPX | |
| BlackRock ESG Capital Allocation Term Trust | Derivative Income, ESG | 28 | 11.23% | — | Sep 2021 | BGCKX vs ECAT | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 69 | 13.10% | — | May 2011 | BGCKX vs LIVIX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 92 | 12.48% | — | Dec 2012 | BGCKX vs BDMIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.93% | — | Dec 1991 | BGCKX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 67 | 15.25% | — | Jul 2010 | BGCKX vs ASFYX |
Often Compared With BGCKX
Investors most often compare BGCKX with BDJ, CIUEX, CUSUX. These 16 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare BGCKX with Any Fund or Stock
Compare BGCKX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BGCKX with funds that move differently
BlackRock Global Equity Market Neutral Fund Institutional Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BGCKX.
Explore BGCKX Diversifiers