Eaton Vance Tax-Managed Equity Asset Allocation Fund (EAEAX) 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 EAEAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EAEAX
EAEAX charges 1.25% annually. There are 480 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 | EAEAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | EAEAX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | EAEAX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | EAEAX vs VBAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | EAEAX vs FYMIX |
Best Risk-Adjusted Alternatives to EAEAX
EAEAX has a PortfoliosLab risk / return rank of 52. There are 364 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 | EAEAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | EAEAX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | EAEAX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | EAEAX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | EAEAX vs FSRRX |
Top Performing EAEAX Alternatives (YTD)
EAEAX is at 9.94% YTD. There are 73 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.12% | — | Jan 1998 | EAEAX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | EAEAX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | EAEAX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | EAEAX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | EAEAX vs BRUFX |
Lowest Volatility Alternatives to EAEAX
EAEAX has 12.08% 1-year volatility. There are 467 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 | EAEAX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | EAEAX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | EAEAX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | EAEAX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | EAEAX vs CSTAX |
Lowest Drawdown Alternatives to EAEAX
EAEAX has a 1-year max drawdown of -9.37%. There are 504 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 | EAEAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | EAEAX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | EAEAX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | EAEAX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | EAEAX vs CSTAX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 29 | 10.45% | — | Sep 2021 | EAEAX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 63 | 9.34% | — | Jul 1993 | EAEAX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 97 | 12.04% | — | Dec 2012 | EAEAX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund - Institutional... | Target Retirement Date | 70 | 11.03% | — | May 2011 | EAEAX vs LIVIX | |
| BlackRock Enhanced Equity Dividend Trust | Derivative Income | 64 | 8.08% | — | Aug 2005 | EAEAX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 30 | 22.08% | — | May 2000 | EAEAX vs BGSAX | |
| BlackRock Global Equity Market Neutral Fund Invest... | Equity Market Neutral | 97 | 11.82% | — | Dec 2012 | EAEAX vs BDMAX | |
| BlackRock Strategic Income Opportunities Fund Clas... | Total Bond Market | 64 | 1.03% | — | Feb 2008 | EAEAX vs BSIIX | |
| BlackRock Equity Dividend Fund | Large Cap Value Equities | 87 | 15.65% | — | Nov 1988 | EAEAX vs MADVX | |
| BlackRock High Yield K | High Yield Bonds | 78 | 1.22% | — | Jan 2001 | EAEAX vs BRHYX |
Often Compared With EAEAX
Investors most often compare EAEAX with EALCX, EACPX, VEIEX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare EAEAX with Any Fund or Stock
Compare EAEAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EAEAX with funds that move differently
Eaton Vance Tax-Managed Equity Asset Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EAEAX.
Explore EAEAX Diversifiers