Calvert Balanced Fund Class I (CBAIX) 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 CBAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CBAIX
CBAIX charges 0.65% annually. There are 270 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 | CBAIX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | CBAIX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 64.10B | Dec 2000 | CBAIX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | CBAIX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | CBAIX vs BWBIX |
Best Risk-Adjusted Alternatives to CBAIX
CBAIX has a PortfoliosLab risk / return rank of 29. There are 487 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 | CBAIX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 97 | — | Dec 2002 | CBAIX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | CBAIX vs NWQIX | |
| Federated Hermes Municipal and Stock Advantage Fun... | 93 | — | Sep 2003 | CBAIX vs FMUAX | |
| Pioneer Balanced ESG Fund | 93 | — | Dec 1991 | CBAIX vs AYBLX |
Top Performing CBAIX Alternatives (YTD)
CBAIX is at 3.80% YTD. There are 455 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 31.90%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 31.90% | — | Jan 1998 | CBAIX vs EKBAX | |
| Greenspring Fund | 19.62% | — | Jun 1983 | CBAIX vs GRSPX | |
| ICON Equity Income Fund | 18.26% | — | May 2004 | CBAIX vs IOEZX | |
| MH Elite Small Cap Fund of Funds Fund | 18.12% | — | Aug 1998 | CBAIX vs MHELX | |
| Thornburg Investment Income Builder Fund Class I | 16.39% | — | Dec 2002 | CBAIX vs TIBIX |
Lowest Volatility Alternatives to CBAIX
CBAIX has 9.01% 1-year volatility. There are 313 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 | CBAIX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.82% | — | Nov 2003 | CBAIX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.87% | — | Apr 2012 | CBAIX vs SCLAX | |
| Ave Maria Bond Fund | 2.98% | — | Apr 2003 | CBAIX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | CBAIX vs CSTAX |
Lowest Drawdown Alternatives to CBAIX
CBAIX has a 1-year max drawdown of -7.65%. There are 408 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 | CBAIX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | CBAIX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | CBAIX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | CBAIX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | CBAIX vs CSTAX |
Other Mutual Funds from Calvert
The 1 most viewed Calvert mutual funds shown here include CSXRX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Calvert US Large Cap Core Responsible Index Fund C... | Large Cap Blend Equities | 63 | 12.39% | — | Oct 2017 | CBAIX vs CSXRX |
Often Compared With CBAIX
Investors most often compare CBAIX with FSRKX, FCSRX, FIQDX. These 13 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare CBAIX with Any Fund or Stock
Compare CBAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CBAIX with funds that move differently
Calvert Balanced Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CBAIX.
Explore CBAIX Diversifiers