Columbia Balanced Fund Class A (CBLAX) 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 CBLAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CBLAX
CBLAX charges 0.91% annually. There are 376 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 | CBLAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | CBLAX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | CBLAX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | CBLAX vs TSAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | CBLAX vs FYMIX |
Best Risk-Adjusted Alternatives to CBLAX
CBLAX has a PortfoliosLab risk / return rank of 39. There are 451 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 | CBLAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | CBLAX vs TIBIX | |
| Davis Appreciation & Income Fund | 96 | — | Apr 1992 | CBLAX vs RPFCX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | CBLAX vs NWQIX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | CBLAX vs FSRRX |
Top Performing CBLAX Alternatives (YTD)
CBLAX is at 5.88% YTD. There are 305 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.72% | — | Jan 1998 | CBLAX vs EKBAX | |
| Thornburg Investment Income Builder Fund Class I | 19.05% | — | Dec 2002 | CBLAX vs TIBIX | |
| ICON Equity Income Fund | 18.94% | — | May 2004 | CBLAX vs IOEZX | |
| Greenspring Fund | 17.70% | — | Jun 1983 | CBLAX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 17.05% | — | Aug 1998 | CBLAX vs MHELX |
Lowest Volatility Alternatives to CBLAX
CBLAX has 9.10% 1-year volatility. There are 304 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 | CBLAX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.80% | — | Nov 2003 | CBLAX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | CBLAX vs SCLAX | |
| Ave Maria Bond Fund | 3.05% | — | Apr 2003 | CBLAX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | CBLAX vs CSTAX |
Lowest Drawdown Alternatives to CBLAX
CBLAX has a 1-year max drawdown of -6.69%. There are 317 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 | CBLAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | CBLAX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | CBLAX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | CBLAX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | CBLAX vs CSTAX |
Other Mutual Funds from Columbia
The 10 most viewed Columbia mutual funds shown here include SLMCX, STK, CDDYX and span 9 categories.
Often Compared With CBLAX
Investors most often compare CBLAX with FSIRX, FSRTX, BLNDX. These 19 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare CBLAX with Any Fund or Stock
Compare CBLAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CBLAX with funds that move differently
Columbia Balanced Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CBLAX.
Explore CBLAX Diversifiers