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 58. There are 47 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 97 | — | Dec 2002 | FLFGX vs TIBAX | |
| GMO Benchmark-Free Fund | 95 | — | Jun 2011 | FLFGX vs GBFFX | |
| Principal Diversified Select Real Asset Fund | 95 | — | Jul 2019 | FLFGX vs PDSYX | |
| 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 11.46% YTD. There are 14 mutual funds in the Global Allocation category with higher YTD returns, going as high as 22.73%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Dynamic Income Fund | 22.73% | — | Jun 2007 | FLFGX vs CHW | |
| Calamos Global Total Return Fund | 21.26% | — | Oct 2005 | FLFGX vs CGO | |
| Thornburg Investment Income Builder Fund | 16.02% | — | Dec 2002 | FLFGX vs TIBAX | |
| Nuveen Multi-Asset Income Fund | 14.86% | — | Nov 2021 | FLFGX vs NMAI | |
| Wilmington Real Asset Fund | 14.45% | — | Jun 2003 | FLFGX vs WMRIX |
Lowest Volatility Alternatives to FLFGX
FLFGX has 12.83% 1-year volatility. There are 70 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.04%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.04% | — | Jul 2019 | FLFGX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.43% | — | Dec 2017 | FLFGX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.65% | — | Mar 2011 | FLFGX vs LFMIX | |
| Nuveen Real Asset Income Fund | 5.89% | — | Sep 2011 | FLFGX vs NRIIX | |
| Pioneer Multi-Asset Income Fund | 5.94% | — | Dec 2011 | FLFGX vs PMFYX |
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 | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | FLFGX vs PFADX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | FLFGX vs PMFYX | |
| Morningstar Global Income Fund | -4.38% | — | Nov 2018 | FLFGX vs MSTGX |
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 | 63 | 11.48% | — | Feb 2000 | FLFGX vs FLDGX | |
| Meeder Spectrum Fund | Long-Short | 66 | 9.89% | — | Jan 2015 | FLFGX vs FLSPX | |
| Meeder Quantex Fund | Mid Cap Value Equities | 39 | 6.66% | — | Mar 1985 | FLFGX vs FLCGX | |
| Meeder Muirfield Fund | Tactical Allocation | 60 | 10.57% | — | Aug 1988 | FLFGX vs FLMFX | |
| Meeder Moderate Allocation Fund | Diversified Portfolio | 61 | 5.77% | — | Jun 2015 | FLFGX vs FLDOX | |
| Meeder Tactical Income Fund | Nontraditional Bonds | 91 | 1.81% | — | Jun 2011 | FLFGX vs FLBDX | |
| Meeder Conservative Allocation Fund | Diversified Portfolio | 53 | 3.43% | — | Jun 1995 | FLFGX vs FLRUX | |
| Meeder Balanced Fund | Tactical Allocation | 64 | 7.96% | — | Jan 2006 | FLFGX vs FLDFX |
Often Compared With FLFGX
Investors most often compare FLFGX with BOXX, HRLYX, MHEIX. These 9 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 | 2.02% | 11.05B | Dec 2022 | FLFGX vs BOXX | |
| Hartford Real Asset Fund | Global Allocation | 92 | 11.83% | — | May 2010 | FLFGX vs HRLYX | |
| MH Elite Income Fund of Funds | Global Allocation | 33 | 2.09% | — | Aug 2011 | FLFGX vs MHEIX | |
| Cohen & Steers Real Assets Fund Inc | Global Allocation | 39 | 11.38% | — | Jan 2012 | FLFGX vs RAPZX | |
| Principal Diversified Real Asset Fund | Global Allocation | 76 | 11.39% | — | Mar 2010 | FLFGX vs PDRDX | |
| Allspring Absolute Return Fund | Global Allocation | 89 | 12.79% | — | Feb 2012 | FLFGX vs WARAX | |
| Calamos Global Opportunities Fund | Global Allocation | 40 | 14.37% | — | Sep 1996 | FLFGX vs CVLOX | |
| SA Worldwide Moderate Growth Fund | Global Allocation | 93 | 10.75% | — | Jun 2015 | FLFGX vs SAWMX | |
| Leuthold Global Fund | Global Allocation | 86 | 13.03% | — | Apr 2008 | FLFGX vs GLBIX |
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