BlackRock 60/40 Target Allocation ETF VI Fund (BVDAX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BVDAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BVDAX
BVDAX charges 0.19% annually. There are 68 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | BVDAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | BVDAX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 64.10B | Dec 2000 | BVDAX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | BVDAX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | BVDAX vs BWBIX |
Best Risk-Adjusted Alternatives to BVDAX
BVDAX has a PortfoliosLab risk / return rank of 66. There are 187 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | BVDAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 97 | — | Dec 2002 | BVDAX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | BVDAX vs NWQIX | |
| Pioneer Balanced ESG Fund | 94 | — | Dec 1991 | BVDAX vs AYBLX | |
| Victory Pioneer Balanced Fund Class A | 94 | — | Dec 1991 | BVDAX vs AOBLX |
Top Performing BVDAX Alternatives (YTD)
BVDAX is at 9.02% YTD. There are 146 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 33.16%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 33.16% | — | Jan 1998 | BVDAX vs EKBAX | |
| Greenspring Fund | 20.03% | — | Jun 1983 | BVDAX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 19.67% | — | Aug 1998 | BVDAX vs MHELX | |
| ICON Equity Income Fund | 17.57% | — | May 2004 | BVDAX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 16.15% | — | Dec 2002 | BVDAX vs TIBIX |
Lowest Volatility Alternatives to BVDAX
BVDAX has 9.73% 1-year volatility. There are 368 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | BVDAX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.83% | — | Nov 2003 | BVDAX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.86% | — | Apr 2012 | BVDAX vs SCLAX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | BVDAX vs AVEFX | |
| American Funds College 2027 Fund | 3.09% | — | Sep 2012 | BVDAX vs CSTAX |
Lowest Drawdown Alternatives to BVDAX
BVDAX has a 1-year max drawdown of -7.03%. There are 348 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | BVDAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | BVDAX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | BVDAX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | BVDAX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | BVDAX vs CSTAX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 39 | 15.10% | — | Sep 2021 | BVDAX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 65 | 11.33% | — | Jul 1993 | BVDAX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.25% | — | Dec 2012 | BVDAX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 64 | 12.43% | — | May 2011 | BVDAX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 73 | 11.70% | — | Dec 1991 | BVDAX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 51 | 9.56% | — | Jul 2010 | BVDAX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 41 | 5.97% | — | Aug 2005 | BVDAX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 50 | 34.57% | — | Apr 2000 | BVDAX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 72 | 6.74% | — | Oct 2007 | BVDAX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 72 | 13.91% | — | Sep 1999 | BVDAX vs FAMRX |
Often Compared With BVDAX
Investors most often compare BVDAX with VOO, SHV, NASDX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare BVDAX with Any Fund or Stock
Compare BVDAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BVDAX with funds that move differently
BlackRock 60/40 Target Allocation ETF VI Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BVDAX.
Explore BVDAX Diversifiers