Franklin Global Allocation Fund Class C (FFACX) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FFACX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FFACX
FFACX charges 1.74% annually. There are 66 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | — | Feb 2012 | FFACX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | FFACX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | FFACX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | FFACX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | FFACX vs JNSMX |
Best Risk-Adjusted Alternatives to FFACX
FFACX has a PortfoliosLab risk / return rank of 61. There are 36 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | — | Dec 2002 | FFACX vs TIBAX | |
| GMO Benchmark-Free Fund | 95 | — | Jun 2011 | FFACX vs GBFFX | |
| GMO Implementation Fund | 95 | — | Feb 2012 | FFACX vs GIMFX | |
| GMO Benchmark-Free Allocation Fund | 95 | — | Jul 2003 | FFACX vs GBMFX | |
| SA Worldwide Moderate Growth Fund | 93 | — | Jun 2015 | FFACX vs SAWMX |
Top Performing FFACX Alternatives (YTD)
FFACX is at 7.60% YTD. There are 41 mutual funds in the Global Allocation category with higher YTD returns, going as high as 24.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Total Return Fund | 24.25% | — | Oct 2005 | FFACX vs CGO | |
| Calamos Global Dynamic Income Fund | 22.87% | — | Jun 2007 | FFACX vs CHW | |
| Calamos Global Opportunities Fund | 18.19% | — | Sep 1996 | FFACX vs CVLOX | |
| Thornburg Investment Income Builder Fund | 17.44% | — | Dec 2002 | FFACX vs TIBAX | |
| Leuthold Global Fund | 15.78% | — | Apr 2008 | FFACX vs GLBIX |
Lowest Volatility Alternatives to FFACX
FFACX has 9.11% 1-year volatility. There are 42 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.03% | — | Jul 2019 | FFACX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.45% | — | Dec 2017 | FFACX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.69% | — | Mar 2011 | FFACX vs LFMIX | |
| Pioneer Multi-Asset Income Fund | 5.92% | — | Dec 2011 | FFACX vs PMFYX | |
| Nuveen Real Asset Income Fund | 5.92% | — | Sep 2011 | FFACX vs NRIIX |
Lowest Drawdown Alternatives to FFACX
FFACX has a 1-year max drawdown of -6.75%. There are 38 mutual funds in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -1.98%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | -1.98% | — | Jul 2019 | FFACX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | FFACX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | FFACX vs PFADX | |
| Allspring Absolute Return Fund | -3.81% | — | Feb 2012 | FFACX vs WARAX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | FFACX vs PMFYX |
Other Mutual Funds from Franklin
The 4 most viewed Franklin mutual funds shown here include FGRAX, FVCAX, TEDIX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin Growth Opportunities Fund Class A | Large Cap Growth Equities | 15 | 9.76% | — | Jun 1999 | FFACX vs FGRAX | |
| Franklin California High Yield Municipal Fund Advi... | High Yield Muni | 75 | 2.36% | — | May 1993 | FFACX vs FVCAX | |
| Franklin Mutual Global Discovery Fund Class A | Global Equities | 14 | 0.29% | — | Dec 1992 | FFACX vs TEDIX | |
| Franklin Colorado Tax-Free Income Fund Class A | Municipal Bonds | 76 | 2.02% | — | Sep 1987 | FFACX vs FCOQX |
Often Compared With FFACX
Investors most often compare FFACX with WMRIX, RAPZX, HRLYX. These 7 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Wilmington Real Asset Fund | Global Allocation | 49 | 11.89% | — | Jun 2003 | FFACX vs WMRIX | |
| Cohen & Steers Real Assets Fund Inc | Global Allocation | 26 | 10.45% | — | Jan 2012 | FFACX vs RAPZX | |
| Hartford Real Asset Fund | Global Allocation | 88 | 9.75% | — | May 2010 | FFACX vs HRLYX | |
| Morningstar Global Income Fund | Global Allocation | 66 | 6.05% | — | Nov 2018 | FFACX vs MSTGX | |
| MH Elite Income Fund of Funds | Global Allocation | 30 | 2.09% | — | Aug 2011 | FFACX vs MHEIX | |
| Principal Diversified Real Asset Fund | Global Allocation | 58 | 10.40% | — | Mar 2010 | FFACX vs PDRDX | |
| Delaware Global Listed Real Assets Fund | Global Allocation | 69 | 6.57% | — | Dec 1995 | FFACX vs DPREX |
Compare FFACX with Any Fund or Stock
Compare FFACX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FFACX with funds that move differently
Franklin Global Allocation Fund Class C alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FFACX.
Explore FFACX Diversifiers