Meeder Global Allocation Fund (FLFGX) 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 FLFGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLFGX
FLFGX charges 1.81% 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 | FLFGX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | FLFGX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | FLFGX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | FLFGX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | FLFGX vs JNSMX |
Best Risk-Adjusted Alternatives to FLFGX
FLFGX has a PortfoliosLab risk / return rank of 57. There are 40 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 | FLFGX vs TIBAX | |
| Hartford Real Asset Fund | 97 | — | May 2010 | FLFGX vs HRLYX | |
| GMO Benchmark-Free Fund | 96 | — | Jun 2011 | FLFGX vs GBFFX | |
| GMO Implementation Fund | 95 | — | Feb 2012 | FLFGX vs GIMFX | |
| GMO Benchmark-Free Allocation Fund | 95 | — | Jul 2003 | FLFGX vs GBMFX |
Top Performing FLFGX Alternatives (YTD)
FLFGX is at 12.92% YTD. There are 12 mutual funds in the Global Allocation category with higher YTD returns, going as high as 26.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Dynamic Income Fund | 26.59% | — | Jun 2007 | FLFGX vs CHW | |
| Calamos Global Total Return Fund | 25.76% | — | Oct 2005 | FLFGX vs CGO | |
| Calamos Global Opportunities Fund | 19.22% | — | Sep 1996 | FLFGX vs CVLOX | |
| Allspring Absolute Return Fund | 18.69% | — | Feb 2012 | FLFGX vs WARAX | |
| Thornburg Investment Income Builder Fund | 17.92% | — | Dec 2002 | FLFGX vs TIBAX |
Lowest Volatility Alternatives to FLFGX
FLFGX has 11.88% 1-year volatility. There are 70 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 2.98%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 2.98% | — | Jul 2019 | FLFGX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.27% | — | Dec 2017 | FLFGX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.58% | — | Mar 2011 | FLFGX vs LFMIX | |
| Pioneer Multi-Asset Income Fund | 5.66% | — | Dec 2011 | FLFGX vs PMFYX | |
| Nuveen Real Asset Income Fund | 5.77% | — | Sep 2011 | FLFGX vs NRIIX |
Lowest Drawdown Alternatives to FLFGX
FLFGX has a 1-year max drawdown of -8.89%. There are 65 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 | FLFGX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | FLFGX vs LFMIX | |
| Hartford Real Asset Fund | -3.18% | — | May 2010 | FLFGX vs HRLYX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | FLFGX vs PFADX | |
| Wilmington Real Asset Fund | -3.74% | — | Jun 2003 | FLFGX vs WMRIX |
Other Mutual Funds from Meeder Funds
The 8 most viewed Meeder Funds mutual funds shown here include FLDGX, FLSPX, FLCGX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Meeder Dynamic Allocation Fund | Diversified Portfolio | 62 | 12.36% | — | Feb 2000 | FLFGX vs FLDGX | |
| Meeder Spectrum Fund | Long-Short | 72 | 11.81% | — | Jan 2015 | FLFGX vs FLSPX | |
| Meeder Quantex Fund | Mid Cap Value Equities | 53 | 9.36% | — | Mar 1985 | FLFGX vs FLCGX | |
| Meeder Muirfield Fund | Tactical Allocation | 62 | 11.42% | — | Aug 1988 | FLFGX vs FLMFX | |
| Meeder Moderate Allocation Fund | Diversified Portfolio | 62 | 6.42% | — | Jun 2015 | FLFGX vs FLDOX | |
| Meeder Tactical Income Fund | Nontraditional Bonds | 93 | 2.07% | — | Jun 2011 | FLFGX vs FLBDX | |
| Meeder Conservative Allocation Fund | Diversified Portfolio | 58 | 4.14% | — | Jun 1995 | FLFGX vs FLRUX | |
| Meeder Balanced Fund | Tactical Allocation | 64 | 8.73% | — | Jan 2006 | FLFGX vs FLDFX |
Often Compared With FLFGX
Investors most often compare FLFGX with BOXX, PDRDX, MHEIX. These 4 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Alpha Architect 1-3 Month Box ETF | Ultrashort Bond | 100 | 1.58% | 11.05B | Dec 2022 | FLFGX vs BOXX | |
| Principal Diversified Real Asset Fund | Global Allocation | 73 | 13.08% | — | Mar 2010 | FLFGX vs PDRDX | |
| MH Elite Income Fund of Funds | Global Allocation | 31 | 2.09% | — | Aug 2011 | FLFGX vs MHEIX | |
| Cohen & Steers Real Assets Fund Inc | Global Allocation | 45 | 13.81% | — | Jan 2012 | FLFGX vs RAPZX |
Compare FLFGX with Any Fund or Stock
Compare FLFGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLFGX with funds that move differently
Meeder Global Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLFGX.
Explore FLFGX Diversifiers