Eaton Vance Balanced Fund (EVIFX) Alternatives

Eaton Vance Balanced Fund (EVIFX) 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 EVIFX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to EVIFX

EVIFX charges 0.97% annually. Among mutual funds in the Diversified Portfolio category, these options have the lowest expense ratios among EVIFX alternatives.

Symbol	Name	Expense Ratio	Inception
FRGAX	Fidelity 70% Allocation Fund	0.02%	Jan 1, 2022	EVIFX vs FRGAX
PALDX	PGIM 60/40 Allocation Fund	0.03%	Sep 12, 2017	EVIFX vs PALDX
TSAIX	TIAA-CREF Lifestyle Aggressive Growth Fund	0.04%	Dec 8, 2011	EVIFX vs TSAIX
BWBIX	Baron WealthBuilder Fund	0.05%	Dec 28, 2017	EVIFX vs BWBIX
MAANX	Mutual of America Aggressive Allocation Fund	0.05%	Nov 29, 2021	EVIFX vs MAANX

Best Risk-Adjusted Alternatives to EVIFX

Among mutual funds in the Diversified Portfolio category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	99	Nov 16, 2003	EVIFX vs STDAX
TIBIX	Thornburg Investment Income Builder Fund Class I	98	Dec 24, 2002	EVIFX vs TIBIX
BERIX	Chartwell Income Fund	96	Sep 2, 1987	EVIFX vs BERIX
NWQIX	Nuveen Flexible Income Fund	95	Dec 8, 2009	EVIFX vs NWQIX
PMAIX	Pioneer Multi-Asset Income Fund A	93	Dec 22, 2011	EVIFX vs PMAIX

Top Performing EVIFX Alternatives (YTD)

EVIFX alternatives from the Diversified Portfolio category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
SIFAX	SEI Institutional Managed Trust Multi-Asset Inflat...	9.34%	Apr 8, 2012	EVIFX vs SIFAX
PUDZX	PGIM Real Assets Fund	9.23%	Dec 29, 2010	EVIFX vs PUDZX
IOEZX	ICON Equity Income Fund	8.64%	May 9, 2004	EVIFX vs IOEZX
AAAAX	DWS RREEF Real Assets Fund - Class A	8.59%	Jul 30, 2007	EVIFX vs AAAAX
CONWX	Concorde Wealth Management Fund	8.18%	Dec 3, 1987	EVIFX vs CONWX

Lowest Volatility Alternatives to EVIFX

EVIFX alternatives from the Diversified Portfolio category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	0.93%	Nov 16, 2003	EVIFX vs STDAX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	2.64%	Apr 8, 2012	EVIFX vs SCLAX
AVEFX	Ave Maria Bond Fund	3.44%	Apr 30, 2003	EVIFX vs AVEFX
CSTAX	American Funds College 2027 Fund	3.47%	Sep 13, 2012	EVIFX vs CSTAX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	3.66%	Nov 16, 2003	EVIFX vs SICIX

Lowest Drawdown Alternatives to EVIFX

EVIFX alternatives from the Diversified Portfolio category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	-0.59%	Nov 16, 2003	EVIFX vs STDAX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	-2.32%	Apr 8, 2012	EVIFX vs SCLAX
AVEFX	Ave Maria Bond Fund	-2.52%	Apr 30, 2003	EVIFX vs AVEFX
CSTAX	American Funds College 2027 Fund	-2.72%	Sep 13, 2012	EVIFX vs CSTAX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	-2.73%	Nov 16, 2003	EVIFX vs SICIX

Other Mutual Funds from Eaton Vance

Most popular Eaton Vance mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
EGRIX	Eaton Vance Global Macro Absolute Return Advantage...	Nontraditional Bonds	99	3.59%	Aug 30, 2010	EVIFX vs EGRIX
ETG	Eaton Vance Tax Advantaged Global Dividend Income ...	Global Equities	51	-11.37%	Jan 30, 2004	EVIFX vs ETG
EXG	Eaton Vance Tax-Managed Global Diversified Equity ...	Dividend, Global Equity Income	48	-7.20%	Feb 27, 2007	EVIFX vs EXG
EIAMX	Eaton Vance Multi-Asset Credit Fund	High Yield Bonds	92	-1.08%	Oct 31, 2011	EVIFX vs EIAMX
EIMAX	Eaton Vance Massachusetts Municipal Income Fund	Municipal Bonds	39	-0.70%	Jun 16, 1993	EVIFX vs EIMAX
EIRAX	Eaton Vance Richard Bernstein All Asset Strategy F...	Tactical Allocation	46	-3.81%	Sep 29, 2011	EVIFX vs EIRAX
EHSTX	Eaton Vance Large-Cap Value Fund	Large Cap Value Equities	28	-1.54%	Sep 23, 1931	EVIFX vs EHSTX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	98	1.33%	Feb 3, 2013	EVIFX vs EELDX
EEIAX	Eaton Vance Emerging Markets Local Income Fund	Emerging Markets Bonds	93	-1.86%	Jun 26, 2007	EVIFX vs EEIAX
EISMX	Eaton Vance Atlanta Capital SMID-Cap Fund	Mid Cap Growth Equities	2	-6.70%	Apr 30, 2002	EVIFX vs EISMX

Often Compared With EVIFX

What investors most often compare with EVIFX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	EVIFX vs VOO
E	Eni S.p.A.		97	50.94%	—	EVIFX vs E
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	EVIFX vs SPY
VRT	Vertiv Holdings Co.		98	54.71%	—	EVIFX vs VRT
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	52	12.79%	Oct 20, 2011	EVIFX vs SCHD
VXUS	Vanguard Total International Stock ETF	Foreign Large Cap Equities	86	2.32%	Jan 26, 2011	EVIFX vs VXUS
WWWEX	Kinetics The Global Fund	Diversified Portfolio	12	5.17%	Dec 30, 1999	EVIFX vs WWWEX

Compare EVIFX with Any Fund or Stock

Compare EVIFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Eaton Vance Balanced Fund

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