American Funds Global Balanced Fund (CBFAX) Alternatives
American Funds Global Balanced Fund (CBFAX) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CBFAX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to CBFAX
CBFAX charges 0.84% annually. Among mutual funds in the Global Allocation category, these options have the lowest expense ratios among CBFAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | Feb 29, 2012 | CBFAX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | Jan 1, 1998 | CBFAX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | Apr 30, 2013 | CBFAX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | Apr 5, 2006 | CBFAX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | Dec 29, 2005 | CBFAX vs JNSMX |
Best Risk-Adjusted Alternatives to CBFAX
Among mutual funds in the Global Allocation category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | Dec 23, 2002 | CBFAX vs TIBAX | |
| Hartford Real Asset Fund | 97 | May 27, 2010 | CBFAX vs HRLYX | |
| GMO Benchmark-Free Fund | 97 | Jun 14, 2011 | CBFAX vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 96 | Jul 22, 2003 | CBFAX vs GBMFX | |
| GMO Implementation Fund | 96 | Feb 29, 2012 | CBFAX vs GIMFX |
Top Performing CBFAX Alternatives (YTD)
CBFAX alternatives from the Global Allocation category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Allspring Absolute Return Fund | 14.79% | Feb 29, 2012 | CBFAX vs WARAX | |
| Hartford Real Asset Fund | 10.68% | May 27, 2010 | CBFAX vs HRLYX | |
| Wilmington Real Asset Fund | 10.27% | Jun 30, 2003 | CBFAX vs WMRIX | |
| Cohen & Steers Real Assets Fund Inc | 10.26% | Jan 30, 2012 | CBFAX vs RAPZX | |
| Principal Diversified Real Asset Fund | 9.23% | Mar 15, 2010 | CBFAX vs PDRDX |
Lowest Volatility Alternatives to CBFAX
CBFAX alternatives from the Global Allocation category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| PFG BNY Mellon Diversifier Strategy Fund | 4.95% | Dec 10, 2017 | CBFAX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.78% | Mar 24, 2011 | CBFAX vs LFMIX | |
| MH Elite Income Fund of Funds | 6.46% | Aug 14, 2011 | CBFAX vs MHEIX | |
| Principal Diversified Select Real Asset Fund | 6.83% | Jul 2, 2019 | CBFAX vs PDSYX | |
| Nuveen Real Asset Income Fund | 6.94% | Sep 12, 2011 | CBFAX vs NRIIX |
Lowest Drawdown Alternatives to CBFAX
CBFAX alternatives from the Global Allocation category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | -3.08% | Mar 24, 2011 | CBFAX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -4.21% | Dec 10, 2017 | CBFAX vs PFADX | |
| MH Elite Income Fund of Funds | -4.54% | Aug 14, 2011 | CBFAX vs MHEIX | |
| Allspring Absolute Return Fund | -5.06% | Feb 29, 2012 | CBFAX vs WARAX | |
| Principal Diversified Select Real Asset Fund | -5.32% | Jul 2, 2019 | CBFAX vs PDSYX |
Other Mutual Funds from American Funds
Most popular American Funds mutual funds on PortfoliosLab, across asset classes.
Often Compared With CBFAX
What investors most often compare with CBFAX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 46 | -7.05% | Feb 17, 1988 | CBFAX vs FXAIX | |
| Vanguard S&P 500 ETF | S&P 500 | 65 | -4.42% | Sep 7, 2010 | CBFAX vs VOO |
Compare CBFAX with Any Fund or Stock
Compare CBFAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.