Franklin Corefolio Allocation Fund (FCAZX) 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 FCAZX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FCAZX
FCAZX charges 0.16% annually. There are 56 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 | FCAZX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | FCAZX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | FCAZX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | FCAZX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | FCAZX vs BWBIX |
Best Risk-Adjusted Alternatives to FCAZX
FCAZX has a PortfoliosLab risk / return rank of 23. There are 512 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 | FCAZX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | FCAZX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | FCAZX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | FCAZX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | FCAZX vs FSRRX |
Top Performing FCAZX Alternatives (YTD)
FCAZX is at 5.70% YTD. There are 313 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 | FCAZX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | FCAZX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | FCAZX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | FCAZX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | FCAZX vs BRUFX |
Lowest Volatility Alternatives to FCAZX
FCAZX has 13.60% 1-year volatility. There are 508 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 | FCAZX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | FCAZX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | FCAZX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | FCAZX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | FCAZX vs CSTAX |
Lowest Drawdown Alternatives to FCAZX
FCAZX has a 1-year max drawdown of -10.98%. There are 524 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 | FCAZX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | FCAZX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | FCAZX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | FCAZX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | FCAZX vs CSTAX |
Other Mutual Funds from Franklin Templeton
The 10 most viewed Franklin Templeton mutual funds shown here include FKDNX, FKRCX, FKINX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin DynaTech Fund | Large Cap Growth Equities, Technology Equities | 10 | 1.52% | — | Jan 1968 | FCAZX vs FKDNX | |
| Franklin Gold and Precious Metals Fund | Gold, Precious Metals | 48 | -10.16% | — | May 1969 | FCAZX vs FKRCX | |
| Franklin Income Fund Class A1 | Diversified Portfolio | 87 | 5.21% | — | — | FCAZX vs FKINX | |
| Franklin Growth Fund Class A | Large Cap Growth Equities | 20 | 4.81% | — | Apr 1948 | FCAZX vs FKGRX | |
| ClearBridge Energy Midstream Opportunity Fund Inc. | MLPs, Energy Equities | 44 | 21.52% | — | Jun 2011 | FCAZX vs EMO | |
| Franklin Rising Dividends Fund | Large Cap Blend Equities | 41 | 8.25% | — | Jan 1987 | FCAZX vs FRDPX | |
| ClearBridge Large Cap Growth Fund | Large Cap Growth Equities | 6 | -0.11% | — | Aug 1997 | FCAZX vs SBLGX | |
| Templeton Institutional Fund International Equity ... | Foreign Large Cap Equities | 63 | 13.92% | — | Oct 1990 | FCAZX vs TFEQX | |
| Franklin Income Fund Advisor Class | Diversified Portfolio | 93 | 5.78% | — | Aug 1997 | FCAZX vs FRIAX | |
| ClearBridge Aggressive Growth Fund | Large Cap Blend Equities | 6 | 0.24% | — | Oct 1983 | FCAZX vs SHRAX |
Often Compared With FCAZX
Investors most often compare FCAZX with SPY, VOO, FSRTX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare FCAZX with Any Fund or Stock
Compare FCAZX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FCAZX with funds that move differently
Franklin Corefolio Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FCAZX.
Explore FCAZX Diversifiers