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 15 mutual funds in the Derivative Income category with lower expense ratios, going as low as 0.45%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| USCF Gold Strategy Plus Income Fund | 0.45% | 8.86M | Nov 2021 | BMEAX vs USG | |
| JPMorgan Equity Premium Income Fund Class I | 0.59% | — | 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 | |
| JPMorgan Equity Premium Income Fund Class A | 0.85% | — | Aug 2018 | BMEAX vs JEPAX |
Best Risk-Adjusted Alternatives to BMEAX
BMEAX has a PortfoliosLab risk / return rank of 76. There are 3 mutual funds in the Derivative Income category with higher risk-adjusted ranks, going as high as 83.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| The Covered Bridge Fund | 83 | — | Sep 2013 | BMEAX vs TCBIX | |
| Goldman Sachs International Equity Dividend and Pr... | 80 | — | Jan 2008 | BMEAX vs GIDHX | |
| BlackRock High Equity Income Fund | 78 | — | Apr 1998 | BMEAX vs BMCIX | |
| BlackRock Enhanced Equity Dividend Trust | 64 | — | Aug 2005 | BMEAX vs BDJ | |
| Virtus Equity & Convertible Income Fund | 64 | — | Feb 2007 | BMEAX vs NIE |
Top Performing BMEAX Alternatives (YTD)
BMEAX is at 12.09% YTD. There are 2 mutual funds in the Derivative Income category with higher YTD returns, going as high as 13.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs International Equity Dividend and Pr... | 13.24% | — | Jan 2008 | BMEAX vs GIDHX | |
| BlackRock High Equity Income Fund | 12.22% | — | Apr 1998 | BMEAX vs BMCIX | |
| Cullen Enhanced Equity Income Fund | 12.04% | — | Dec 2015 | BMEAX vs ENHNX | |
| The Covered Bridge Fund | 11.04% | — | Sep 2013 | BMEAX vs TCBIX | |
| BlackRock ESG Capital Allocation Term Trust | 10.45% | — | Sep 2021 | BMEAX vs ECAT |
Lowest Volatility Alternatives to BMEAX
BMEAX has 11.19% 1-year volatility. There are 9 mutual funds in the Derivative Income category with lower 1-year volatility, going as low as 8.80%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| The Covered Bridge Fund | 8.80% | — | Sep 2013 | BMEAX vs TCBIX | |
| JPMorgan Equity Premium Income Fund Class I | 8.85% | — | Aug 2018 | BMEAX vs JEPIX | |
| JPMorgan Equity Premium Income Fund Class A | 8.92% | — | Aug 2018 | BMEAX vs JEPAX | |
| Crossmark Steward Covered Call Income Fund | 9.28% | — | Dec 2017 | BMEAX vs SCJIX | |
| Madison Covered Call & Equity Income Fund | 9.52% | — | Oct 2009 | BMEAX vs MENYX |
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 -5.26%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| 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 | |
| JPMorgan Equity Premium Income Fund Class A | -7.41% | — | Aug 2018 | BMEAX vs JEPAX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include WFSPX, BDMIX, LIVIX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Index Fund Class K | S&P 500 | 63 | 9.34% | — | Jul 1993 | BMEAX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 97 | 12.04% | — | Dec 2012 | BMEAX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund - Institutional... | Target Retirement Date | 70 | 11.03% | — | May 2011 | BMEAX vs LIVIX | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 30 | 22.08% | — | May 2000 | BMEAX vs BGSAX | |
| BlackRock Global Equity Market Neutral Fund Invest... | Equity Market Neutral | 97 | 11.82% | — | Dec 2012 | BMEAX vs BDMAX | |
| BlackRock Equity Dividend Fund | Large Cap Value Equities | 87 | 15.65% | — | Nov 1988 | BMEAX vs MADVX | |
| BlackRock Strategic Income Opportunities Fund Clas... | Total Bond Market | 64 | 1.03% | — | Feb 2008 | BMEAX vs BSIIX | |
| BlackRock High Yield K | High Yield Bonds | 78 | 1.22% | — | Jan 2001 | BMEAX vs BRHYX | |
| Fidelity Select Financial Services Portfolio | Financials Equities | 15 | 9.69% | — | Dec 1981 | BMEAX vs FIDSX | |
| BlackRock LifePath Index 2060 Fund | Target Retirement Date | 70 | 11.15% | — | Feb 2016 | BMEAX vs LIZIX |
Often Compared With BMEAX
Investors most often compare BMEAX with GSBFX, NML, CLPAX. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
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