Calvert Conservative Allocation Fund (CCLAX) 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 CCLAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CCLAX
CCLAX charges 0.41% annually. There are 146 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 | CCLAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | CCLAX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | CCLAX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | CCLAX vs VBAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | CCLAX vs FYMIX |
Best Risk-Adjusted Alternatives to CCLAX
CCLAX has a PortfoliosLab risk / return rank of 44. There are 441 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 | CCLAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | CCLAX vs TIBIX | |
| Davis Appreciation & Income Fund | 97 | — | Apr 1992 | CCLAX vs RPFCX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | CCLAX vs NWQIX | |
| Pioneer Balanced ESG Fund | 95 | — | Dec 1991 | CCLAX vs AYBLX |
Top Performing CCLAX Alternatives (YTD)
CCLAX is at 4.03% YTD. There are 468 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 31.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 31.44% | — | Jan 1998 | CCLAX vs EKBAX | |
| ICON Equity Income Fund | 20.32% | — | May 2004 | CCLAX vs IOEZX | |
| Greenspring Fund | 18.97% | — | Jun 1983 | CCLAX vs GRSPX | |
| Thornburg Investment Income Builder Fund Class I | 18.62% | — | Dec 2002 | CCLAX vs TIBIX | |
| Disciplined Growth Investors Fund | 17.68% | — | Aug 2011 | CCLAX vs DGIFX |
Lowest Volatility Alternatives to CCLAX
CCLAX has 6.23% 1-year volatility. There are 111 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 | CCLAX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.80% | — | Nov 2003 | CCLAX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.92% | — | Apr 2012 | CCLAX vs SCLAX | |
| Ave Maria Bond Fund | 3.05% | — | Apr 2003 | CCLAX vs AVEFX | |
| American Funds College 2027 Fund | 3.08% | — | Sep 2012 | CCLAX vs CSTAX |
Lowest Drawdown Alternatives to CCLAX
CCLAX has a 1-year max drawdown of -5.02%. There are 132 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 | CCLAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | CCLAX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | CCLAX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | CCLAX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | CCLAX 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 | 76 | 13.58% | — | Jun 2000 | CCLAX vs CISIX | |
| Calvert Equity Fund | Large Cap Growth Equities | 3 | -3.65% | — | Aug 1987 | CCLAX vs CSIEX | |
| Calvert Global Energy Solutions Fund | Global Equities | 47 | 12.37% | — | May 2007 | CCLAX vs CAEIX | |
| Calvert International Responsible Index Fund | Foreign Large Cap Equities | 74 | 17.74% | — | Oct 2015 | CCLAX vs CDHIX | |
| Calvert US Large-Cap Growth Responsible Index Fund | Large Cap Growth Equities | 38 | 9.92% | — | Jun 2015 | CCLAX vs CGJIX | |
| Calvert Ultra-Short Duration Income Fund | Ultrashort Bond | 99 | 1.55% | — | Oct 2006 | CCLAX vs CULAX | |
| Calvert US Large-Cap Value Responsible Index Fund | Large Cap Value Equities | 95 | 23.99% | — | Jun 2015 | CCLAX vs CFJIX | |
| Calvert Emerging Markets Equity Fund | Emerging Markets Equities | 70 | 23.37% | — | Oct 2012 | CCLAX vs CVMIX | |
| Calvert Growth Allocation Fund | Diversified Portfolio | 62 | 11.41% | — | Jun 2005 | CCLAX vs CAAAX | |
| Calvert Income Fund | Corporate Bonds | 15 | -0.48% | — | Oct 1982 | CCLAX vs CFICX |
Often Compared With CCLAX
Investors most often compare CCLAX with BERIX, FTCIX, CYBIX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare CCLAX with Any Fund or Stock
Compare CCLAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CCLAX with funds that move differently
Calvert Conservative Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CCLAX.
Explore CCLAX Diversifiers