Calvert Growth Allocation Fund (CAAAX) 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 CAAAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CAAAX
CAAAX charges 0.43% annually. There are 158 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 | CAAAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | CAAAX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | CAAAX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | CAAAX vs VBAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | CAAAX vs BWBIX |
Best Risk-Adjusted Alternatives to CAAAX
CAAAX has a PortfoliosLab risk / return rank of 53. There are 357 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 | CAAAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | CAAAX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | CAAAX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | CAAAX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | CAAAX vs FSRRX |
Top Performing CAAAX Alternatives (YTD)
CAAAX is at 9.81% YTD. There are 80 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.12% | — | Jan 1998 | CAAAX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | CAAAX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | CAAAX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | CAAAX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | CAAAX vs BRUFX |
Lowest Volatility Alternatives to CAAAX
CAAAX has 12.66% 1-year volatility. There are 479 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 | CAAAX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | CAAAX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | CAAAX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | CAAAX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | CAAAX vs CSTAX |
Lowest Drawdown Alternatives to CAAAX
CAAAX has a 1-year max drawdown of -9.39%. There are 507 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 | CAAAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | CAAAX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | CAAAX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | CAAAX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | CAAAX vs CSTAX |
Other Mutual Funds from Calvert
The 10 most viewed Calvert mutual funds shown here include CISIX, CSIEX, CAEIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Calvert US Large-Cap Core Responsible Index Fund | Large Cap Blend Equities | 63 | 11.28% | — | Jun 2000 | CAAAX vs CISIX | |
| Calvert Equity Fund | Large Cap Growth Equities | 3 | -4.38% | — | Aug 1987 | CAAAX vs CSIEX | |
| Calvert Global Energy Solutions Fund | Global Equities | 51 | 11.52% | — | May 2007 | CAAAX vs CAEIX | |
| Calvert International Responsible Index Fund | Foreign Large Cap Equities | 74 | 16.93% | — | Oct 2015 | CAAAX vs CDHIX | |
| Calvert US Large-Cap Growth Responsible Index Fund | Large Cap Growth Equities | 29 | 7.25% | — | Jun 2015 | CAAAX vs CGJIX | |
| Calvert Ultra-Short Duration Income Fund | Ultrashort Bond | 99 | 1.55% | — | Oct 2006 | CAAAX vs CULAX | |
| Calvert US Large-Cap Value Responsible Index Fund | Large Cap Value Equities | 93 | 23.32% | — | Jun 2015 | CAAAX vs CFJIX | |
| Calvert Emerging Markets Equity Fund | Emerging Markets Equities | 66 | 19.64% | — | Oct 2012 | CAAAX vs CVMIX | |
| Calvert Income Fund | Corporate Bonds | 27 | -0.48% | — | Oct 1982 | CAAAX vs CFICX | |
| Calvert High Yield Bond Fund | High Yield Bonds | 54 | 0.40% | — | Jul 2001 | CAAAX vs CYBIX |
Often Compared With CAAAX
Investors most often compare CAAAX with FXAIX, DODFX, CRFIX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare CAAAX with Any Fund or Stock
Compare CAAAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CAAAX with funds that move differently
Calvert Growth Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CAAAX.
Explore CAAAX Diversifiers