GMO Strategic Opportunities Allocation Fund (GBATX) 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 GBATX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GBATX
GBATX charges 0.32% annually. There are 8 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 | GBATX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | GBATX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | GBATX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | GBATX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | GBATX vs JNSMX |
Best Risk-Adjusted Alternatives to GBATX
GBATX has a PortfoliosLab risk / return rank of 92. There are 7 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 | GBATX vs TIBAX | |
| GMO Benchmark-Free Fund | 95 | — | Jun 2011 | GBATX vs GBFFX | |
| GMO Implementation Fund | 95 | — | Feb 2012 | GBATX vs GIMFX | |
| GMO Benchmark-Free Allocation Fund | 95 | — | Jul 2003 | GBATX vs GBMFX | |
| SA Worldwide Moderate Growth Fund | 93 | — | Jun 2015 | GBATX vs SAWMX |
Top Performing GBATX Alternatives (YTD)
GBATX is at 12.90% YTD. There are 6 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 | GBATX vs CGO | |
| Calamos Global Dynamic Income Fund | 22.87% | — | Jun 2007 | GBATX vs CHW | |
| Calamos Global Opportunities Fund | 18.19% | — | Sep 1996 | GBATX vs CVLOX | |
| Thornburg Investment Income Builder Fund | 17.44% | — | Dec 2002 | GBATX vs TIBAX | |
| Leuthold Global Fund | 15.78% | — | Apr 2008 | GBATX vs GLBIX |
Lowest Volatility Alternatives to GBATX
GBATX has 9.63% 1-year volatility. There are 50 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 | GBATX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.45% | — | Dec 2017 | GBATX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.69% | — | Mar 2011 | GBATX vs LFMIX | |
| Pioneer Multi-Asset Income Fund | 5.92% | — | Dec 2011 | GBATX vs PMFYX | |
| Nuveen Real Asset Income Fund | 5.92% | — | Sep 2011 | GBATX vs NRIIX |
Lowest Drawdown Alternatives to GBATX
GBATX has a 1-year max drawdown of -7.06%. There are 45 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 | GBATX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | GBATX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | GBATX vs PFADX | |
| Allspring Absolute Return Fund | -3.81% | — | Feb 2012 | GBATX vs WARAX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | GBATX vs PMFYX |
Other Mutual Funds from GMO
The 10 most viewed GMO mutual funds shown here include GQETX, GMOIX, GMOQX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| GMO Quality Fund | Large Cap Blend Equities | 32 | 3.91% | — | Feb 2004 | GBATX vs GQETX | |
| GMO International Equity Fund | Foreign Large Cap Equities | 86 | 21.29% | — | Mar 1987 | GBATX vs GMOIX | |
| GMO Emerging Country Debt Fund Class VI | Emerging Markets Bonds | 98 | 9.35% | — | Apr 1994 | GBATX vs GMOQX | |
| GMO U.S. Treasury Fund | Government Bonds | 99 | 1.26% | — | Mar 2009 | GBATX vs GUSTX | |
| GMO Global Equity Allocation Fund | Global Equities | 91 | 18.76% | — | Nov 1996 | GBATX vs GMGEX | |
| GMO International Developed Equity Allocation Fund | Foreign Large Cap Equities | 89 | 19.59% | — | Jun 2006 | GBATX vs GIOTX | |
| GMO Multi-Sector Fixed Income Fund | Intermediate Core-Plus Bond | 76 | 0.96% | — | Apr 1997 | GBATX vs GUGAX | |
| GMO Asset Allocation Bond Fund | Inflation-Protected Bonds | 3 | -4.93% | — | Mar 2009 | GBATX vs GABFX | |
| GMO Alternative Allocation Fund | Multistrategy | 69 | 1.36% | — | May 2019 | GBATX vs GAAVX | |
| GMO Tax-Managed International Equities Fund | Foreign Large Cap Equities | 91 | 13.12% | — | Jul 1998 | GBATX vs GTMIX |
Often Compared With GBATX
Investors most often compare GBATX with RALIX, GMCDX, GHVIX. These 8 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Lazard Real Assets Portfolio | Global Allocation | 63 | 10.69% | — | Dec 2016 | GBATX vs RALIX | |
| GMO Emerging Country Debt Fund | Emerging Markets Bonds | 98 | 9.32% | — | Apr 1994 | GBATX vs GMCDX | |
| GMO High Yield Fund | High Yield Bonds | 73 | 1.74% | — | Jun 2018 | GBATX vs GHVIX | |
| Hartford Real Asset Fund | Global Allocation | 88 | 9.75% | — | May 2010 | GBATX vs HRLYX | |
| Cohen & Steers Real Assets Fund Inc | Global Allocation | 26 | 10.45% | — | Jan 2012 | GBATX vs RAPZX | |
| GMO Resources Fund | Energy Equities | 86 | 23.17% | — | Dec 2011 | GBATX vs GOFIX | |
| GMO Global Asset Allocation Fund | Global Allocation | 91 | 11.93% | — | Oct 1996 | GBATX vs GMWAX | |
| Wilmington Real Asset Fund | Global Allocation | 49 | 11.89% | — | Jun 2003 | GBATX vs WMRIX |
Compare GBATX with Any Fund or Stock
Compare GBATX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GBATX with funds that move differently
GMO Strategic Opportunities Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GBATX.
Explore GBATX Diversifiers