BlackRock High Equity Income Fund Class A (BMEAX) 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 BMEAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BMEAX
BMEAX charges 1.10% annually. There are 16 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 | BMEAX vs PUTW | |
| USCF Gold Strategy Plus Income Fund | 0.45% | — | Nov 2021 | BMEAX vs USG | |
| JPMorgan Equity Premium Income Fund Class I | 0.63% | — | Aug 2018 | BMEAX vs JEPIX | |
| Shelton Equity Income Fund | 0.72% | — | Sep 1996 | BMEAX vs EQTIX | |
| Cullen Enhanced Equity Income Fund | 0.75% | — | Dec 2015 | BMEAX vs ENHNX |
Best Risk-Adjusted Alternatives to BMEAX
BMEAX has a PortfoliosLab risk / return rank of 47. There are 7 mutual funds in the Derivative Income category with higher risk-adjusted ranks, going as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Enhanced Large Cap Core Fund | 85 | — | Apr 2004 | BMEAX vs CII | |
| The Covered Bridge Fund | 82 | — | Sep 2013 | BMEAX vs TCBIX | |
| Invesco Income Advantage U.S. Fund | 71 | — | Mar 2006 | BMEAX vs SCAUX | |
| Virtus Equity & Convertible Income Fund | 70 | — | Feb 2007 | BMEAX vs NIE | |
| WisdomTree Equity Premium Income Fund | 55 | 236.88M | Feb 2016 | BMEAX vs PUTW |
Top Performing BMEAX Alternatives (YTD)
BMEAX is at 7.70% YTD. There are 11 mutual funds in the Derivative Income category with higher YTD returns, going as high as 17.67%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Catalyst Nasdaq-100 Hedged Equity Fund | 17.67% | — | Dec 2013 | BMEAX vs CLPAX | |
| BlackRock Enhanced Large Cap Core Fund | 11.56% | — | Apr 2004 | BMEAX vs CII | |
| BlackRock ESG Capital Allocation Term Trust | 11.23% | — | Sep 2021 | BMEAX vs ECAT | |
| The Covered Bridge Fund | 11.04% | — | Sep 2013 | BMEAX vs TCBIX | |
| Virtus Equity & Convertible Income Fund | 10.90% | — | Feb 2007 | BMEAX vs NIE |
Lowest Volatility Alternatives to BMEAX
BMEAX has 10.78% 1-year volatility. There are 11 mutual funds in the Derivative Income category with lower 1-year volatility, going as low as 8.34%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Crossmark Steward Covered Call Income Fund | 8.34% | — | Dec 2017 | BMEAX vs SCJIX | |
| JPMorgan Equity Premium Income Fund Class I | 8.54% | — | Aug 2018 | BMEAX vs JEPIX | |
| JPMorgan Equity Premium Income Fund Class A | 8.60% | — | Aug 2018 | BMEAX vs JEPAX | |
| The Covered Bridge Fund | 8.64% | — | Sep 2013 | BMEAX vs TCBIX | |
| WisdomTree Equity Premium Income Fund | 8.86% | 236.88M | Feb 2016 | BMEAX vs PUTW |
Lowest Drawdown Alternatives to BMEAX
BMEAX has a 1-year max drawdown of -9.56%. There are 13 mutual funds in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -4.07%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Madison Covered Call & Equity Income Fund | -4.07% | — | Oct 2009 | BMEAX vs MENYX | |
| The Covered Bridge Fund | -5.26% | — | Sep 2013 | BMEAX vs TCBIX | |
| Cullen Enhanced Equity Income Fund | -6.34% | — | Dec 2015 | BMEAX vs ENHNX | |
| Invesco Income Advantage U.S. Fund | -7.05% | — | Mar 2006 | BMEAX vs SCAUX | |
| Shelton Equity Income Fund | -7.10% | — | Sep 1996 | BMEAX vs EQTIX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include NASDX, VFAIX, VTMFX and span 9 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 | BMEAX vs NASDX | |
| Vanguard Financials Index Fund Admiral Shares | Financials Equities | 4 | -5.08% | 13.70B | Feb 2004 | BMEAX vs VFAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | Diversified Portfolio | 81 | 6.03% | 11.90B | Sep 1994 | BMEAX vs VTMFX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | Large Cap Blend Equities | 70 | 11.31% | 28.60B | Sep 1994 | BMEAX vs VTCLX | |
| iShares S&P 500 Index Fund | S&P 500 | 73 | 11.69% | — | Jul 1993 | BMEAX vs WFSPX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 69 | 13.10% | — | May 2011 | BMEAX vs LIVIX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 92 | 12.48% | — | Dec 2012 | BMEAX vs BDMIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.93% | — | Dec 1991 | BMEAX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 67 | 15.25% | — | Jul 2010 | BMEAX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 22 | 0.25% | — | Aug 2005 | BMEAX vs BDJ |
Often Compared With BMEAX
Investors most often compare BMEAX with GSBFX, NML, GIDHX. These 5 comparison targets span 5 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Income Builder Fund | Diversified Portfolio | 73 | 5.23% | — | Oct 1994 | BMEAX vs GSBFX | |
| Neuberger Berman MLP | MLPs, Energy Equities | 29 | 21.99% | — | Mar 2013 | BMEAX vs NML | |
| Goldman Sachs International Equity Dividend and Pr... | Derivative Income | 33 | 9.50% | — | Jan 2008 | BMEAX vs GIDHX | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | Derivative Income, S&P 500 | 9 | 2.66% | — | Sep 2017 | BMEAX vs KNGLX | |
| BlackRock Enhanced Capital and Income Fund | Derivative Income | 16 | 9.99% | — | Apr 2004 | BMEAX vs XCIIX |
Compare BMEAX with Any Fund or Stock
Compare BMEAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BMEAX with funds that move differently
BlackRock High Equity Income Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BMEAX.
Explore BMEAX Diversifiers