Davenport Balanced Income Fund (DBALX) 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 DBALX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DBALX
DBALX charges 0.93% annually. There are 381 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 | DBALX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | DBALX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | DBALX vs TSAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | DBALX vs VTMFX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | DBALX vs BWBIX |
Best Risk-Adjusted Alternatives to DBALX
DBALX has a PortfoliosLab risk / return rank of 28. There are 493 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 | DBALX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | DBALX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | DBALX vs NWQIX | |
| Allspring Diversified Capital Builder Fund | 95 | — | Jan 1998 | DBALX vs EKBAX | |
| Pioneer Balanced ESG Fund | 94 | — | Dec 1991 | DBALX vs AYBLX |
Top Performing DBALX Alternatives (YTD)
DBALX is at 3.33% YTD. There are 483 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 36.76%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 36.76% | — | Jan 1998 | DBALX vs EKBAX | |
| Greenspring Fund | 20.69% | — | Jun 1983 | DBALX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 18.72% | — | Aug 1998 | DBALX vs MHELX | |
| Thornburg Investment Income Builder Fund Class I | 17.68% | — | Dec 2002 | DBALX vs TIBIX | |
| Sound Mind Investing Fund | 15.94% | — | Dec 2005 | DBALX vs SMIFX |
Lowest Volatility Alternatives to DBALX
DBALX has 6.54% 1-year volatility. There are 145 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 | DBALX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.82% | — | Apr 2012 | DBALX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.85% | — | Nov 2003 | DBALX vs SICIX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | DBALX vs AVEFX | |
| American Funds College 2027 Fund | 3.13% | — | Sep 2012 | DBALX vs CSTAX |
Lowest Drawdown Alternatives to DBALX
DBALX has a 1-year max drawdown of -5.15%. There are 145 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 | DBALX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | DBALX vs SCLAX | |
| Fidelity Strategic Real Return Fund Class K6 | -2.57% | — | Sep 2005 | DBALX vs FSRKX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | DBALX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | DBALX vs SICIX |
Other Mutual Funds from Davenport
The 4 most viewed Davenport mutual funds shown here include DSCPX, DAVPX, DVIPX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Davenport Small Cap Focus Fund | Small Cap Blend Equities | 8 | 9.24% | — | Dec 2014 | DBALX vs DSCPX | |
| Davenport Core Fund | Large Cap Growth Equities | 16 | 5.62% | — | Jan 1998 | DBALX vs DAVPX | |
| Davenport Value & Income Fund | Large Cap Value Equities | 22 | 4.65% | — | Dec 2010 | DBALX vs DVIPX | |
| Davenport Equity Opportunities Fund | Mid Cap Blend Equities | 4 | 3.59% | — | Dec 2010 | DBALX vs DEOPX |
Often Compared With DBALX
Investors most often compare DBALX with IOEZX, SIFAX, BERIX. These 17 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare DBALX with Any Fund or Stock
Compare DBALX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DBALX with funds that move differently
Davenport Balanced Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DBALX.
Explore DBALX Diversifiers