BlackRock Credit Strategies Fund (CREDX) belongs to the Bank Loan category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CREDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CREDX
CREDX charges 2.19% annually. There are 61 mutual funds in the Bank Loan category with lower expense ratios, going as low as 0.41%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | 0.41% | — | Jan 2017 | CREDX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | CREDX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | CREDX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | CREDX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | CREDX vs LFRIX |
Best Risk-Adjusted Alternatives to CREDX
CREDX has a PortfoliosLab risk / return rank of 67. There are 31 mutual funds in the Bank Loan category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | 100 | — | Sep 2016 | CREDX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 98 | — | Jun 2023 | CREDX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | CREDX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | CREDX vs SAMBX | |
| PGIM Floating Rate Income Fund | 96 | — | Mar 2011 | CREDX vs FRFZX |
Top Performing CREDX Alternatives (YTD)
CREDX is at 1.80% YTD. There are 8 mutual funds in the Bank Loan category with higher YTD returns, going as high as 3.48%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Floating Rate Fund | 3.48% | — | Dec 2009 | CREDX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 3.23% | — | Jan 2017 | CREDX vs XPTFX | |
| Virtus Seix Floating Rate High Income Fund | 2.55% | — | Feb 2006 | CREDX vs SAMBX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 2.38% | — | Jun 2023 | CREDX vs CAPIX | |
| PGIM Floating Rate Income Fund | 2.29% | — | Mar 2011 | CREDX vs FRFZX |
Lowest Volatility Alternatives to CREDX
CREDX has 3.22% 1-year volatility. There are 57 mutual funds in the Bank Loan category with lower 1-year volatility, going as low as 0.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | 0.77% | — | Sep 2016 | CREDX vs RCRIX | |
| Payden Floating Rate Fund | 1.24% | — | Nov 2013 | CREDX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.36% | — | Sep 2013 | CREDX vs DFLYX | |
| Shenkman Capital Floating Rate High Income Fund | 1.67% | — | Oct 2014 | CREDX vs SFHIX | |
| Donoghue Forlines Risk Managed Income Fund | 1.68% | — | Dec 2017 | CREDX vs FLOTX |
Lowest Drawdown Alternatives to CREDX
CREDX has a 1-year max drawdown of -1.33%. There are 15 mutual funds in the Bank Loan category with shallower 1-year drawdowns, going as shallow as -0.19%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | -0.19% | — | Sep 2016 | CREDX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | CREDX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | CREDX vs FRFZX | |
| Calvert Floating-Rate Advantage Fund | -0.88% | — | Oct 2017 | CREDX vs CFOIX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | CREDX vs PSFIX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 34 | 12.06% | — | Sep 2021 | CREDX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 66 | 10.17% | — | Jul 1993 | CREDX vs WFSPX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 95 | 12.96% | — | Dec 2012 | CREDX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 67 | 12.50% | — | May 2011 | CREDX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 76 | 12.03% | — | Dec 1991 | CREDX vs FASGX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 31 | 2.24% | — | Aug 2005 | CREDX vs BDJ | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 60 | 11.24% | — | Jul 2010 | CREDX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 66 | 43.57% | — | Apr 2000 | CREDX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 79 | 7.59% | — | Oct 2007 | CREDX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 75 | 14.24% | — | Sep 1999 | CREDX vs FAMRX |
Often Compared With CREDX
Investors most often compare CREDX with VPC, PLFRX, DFRTX. These 12 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare CREDX with Any Fund or Stock
Compare CREDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CREDX with funds that move differently
BlackRock Credit Strategies Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CREDX.
Explore CREDX Diversifiers