Calvert Conservative Allocation Fund Class I (CFAIX) 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 CFAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CFAIX
CFAIX charges 0.66% annually. There are 278 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 | CFAIX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | CFAIX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 64.10B | Dec 2000 | CFAIX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | CFAIX vs TSAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | CFAIX vs VTMFX |
Best Risk-Adjusted Alternatives to CFAIX
CFAIX has a PortfoliosLab risk / return rank of 52. There are 383 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 | CFAIX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | CFAIX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | CFAIX vs NWQIX | |
| Federated Hermes Municipal and Stock Advantage Fun... | 94 | — | Sep 2003 | CFAIX vs FMUAX | |
| Pioneer Balanced ESG Fund | 93 | — | Dec 1991 | CFAIX vs AYBLX |
Top Performing CFAIX Alternatives (YTD)
CFAIX is at 4.37% YTD. There are 440 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 30.31%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 30.31% | — | Jan 1998 | CFAIX vs EKBAX | |
| Greenspring Fund | 19.30% | — | Jun 1983 | CFAIX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 18.84% | — | Aug 1998 | CFAIX vs MHELX | |
| ICON Equity Income Fund | 18.66% | — | May 2004 | CFAIX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 16.85% | — | Dec 2002 | CFAIX vs TIBIX |
Lowest Volatility Alternatives to CFAIX
CFAIX has 6.18% 1-year volatility. There are 115 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.85% | — | Nov 2003 | CFAIX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.82% | — | Nov 2003 | CFAIX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.87% | — | Apr 2012 | CFAIX vs SCLAX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | CFAIX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | CFAIX vs CSTAX |
Lowest Drawdown Alternatives to CFAIX
CFAIX has a 1-year max drawdown of -5.01%. There are 130 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 | CFAIX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | CFAIX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | CFAIX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | CFAIX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | CFAIX vs CSTAX |
Other Mutual Funds from Calvert Research and Management
The 10 most viewed Calvert Research and Management mutual funds shown here include CISIX, CSIEX, CGJIX 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 | 66 | 12.71% | — | Jun 2000 | CFAIX vs CISIX | |
| Calvert Equity Fund | Large Cap Growth Equities | 2 | -6.75% | — | Aug 1987 | CFAIX vs CSIEX | |
| Calvert US Large-Cap Growth Responsible Index Fund | Large Cap Growth Equities | 36 | 9.67% | — | Jun 2015 | CFAIX vs CGJIX | |
| Calvert International Responsible Index Fund | Foreign Large Cap Equities | 68 | 18.30% | — | Oct 2015 | CFAIX vs CDHIX | |
| Calvert Ultra-Short Duration Income Fund | Ultrashort Bond | 99 | 1.66% | — | Oct 2006 | CFAIX vs CULAX | |
| Calvert Global Energy Solutions Fund | Global Equities | 59 | 13.66% | — | May 2007 | CFAIX vs CAEIX | |
| Calvert US Large-Cap Value Responsible Index Fund | Large Cap Value Equities | 90 | 21.78% | — | Jun 2015 | CFAIX vs CFJIX | |
| Calvert Emerging Markets Equity Fund | Emerging Markets Diversified | 73 | 25.54% | — | Oct 2012 | CFAIX vs CVMIX | |
| Calvert Income Fund | Corporate Bonds | 34 | 0.25% | — | Oct 1982 | CFAIX vs CFICX | |
| Calvert High Yield Bond Fund | High Yield Bonds | 56 | 0.93% | — | Jul 2001 | CFAIX vs CYBIX |
Often Compared With CFAIX
Investors most often compare CFAIX with FXAIX, MCNAX, CRFIX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare CFAIX with Any Fund or Stock
Compare CFAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CFAIX with funds that move differently
Calvert Conservative Allocation Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CFAIX.
Explore CFAIX Diversifiers