American Funds Global Balanced Fund Class A (GBLAX) Alternatives
American Funds Global Balanced Fund Class A (GBLAX) 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 GBLAX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to GBLAX
GBLAX charges 0.80% annually. Among mutual funds in the Global Allocation category, these options have the lowest expense ratios among GBLAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | Feb 29, 2012 | GBLAX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | Jan 1, 1998 | GBLAX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | Apr 30, 2013 | GBLAX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | Apr 5, 2006 | GBLAX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | Dec 29, 2005 | GBLAX vs JNSMX |
Best Risk-Adjusted Alternatives to GBLAX
Among mutual funds in the Global Allocation category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | Dec 23, 2002 | GBLAX vs TIBAX | |
| GMO Benchmark-Free Fund | 97 | Jun 14, 2011 | GBLAX vs GBFFX | |
| GMO Implementation Fund | 97 | Feb 29, 2012 | GBLAX vs GIMFX | |
| GMO Benchmark-Free Allocation Fund | 97 | Jul 22, 2003 | GBLAX vs GBMFX | |
| Hartford Real Asset Fund | 97 | May 27, 2010 | GBLAX vs HRLYX |
Top Performing GBLAX Alternatives (YTD)
GBLAX alternatives from the Global Allocation category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Allspring Absolute Return Fund | 14.43% | Feb 29, 2012 | GBLAX vs WARAX | |
| Hartford Real Asset Fund | 11.62% | May 27, 2010 | GBLAX vs HRLYX | |
| Cohen & Steers Real Assets Fund Inc | 11.35% | Jan 30, 2012 | GBLAX vs RAPZX | |
| Wilmington Real Asset Fund | 10.96% | Jun 30, 2003 | GBLAX vs WMRIX | |
| Principal Diversified Real Asset Fund | 10.54% | Mar 15, 2010 | GBLAX vs PDRDX |
Lowest Volatility Alternatives to GBLAX
GBLAX alternatives from the Global Allocation category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| PFG BNY Mellon Diversifier Strategy Fund | 5.00% | Dec 10, 2017 | GBLAX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.77% | Mar 24, 2011 | GBLAX vs LFMIX | |
| MH Elite Income Fund of Funds | 6.45% | Aug 14, 2011 | GBLAX vs MHEIX | |
| Principal Diversified Select Real Asset Fund | 6.83% | Jul 2, 2019 | GBLAX vs PDSYX | |
| Nuveen Real Asset Income Fund | 6.98% | Sep 12, 2011 | GBLAX vs NRIIX |
Lowest Drawdown Alternatives to GBLAX
GBLAX alternatives from the Global Allocation category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | -2.95% | Mar 24, 2011 | GBLAX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -4.21% | Dec 10, 2017 | GBLAX vs PFADX | |
| MH Elite Income Fund of Funds | -4.54% | Aug 14, 2011 | GBLAX vs MHEIX | |
| Allspring Absolute Return Fund | -5.06% | Feb 29, 2012 | GBLAX vs WARAX | |
| Principal Diversified Select Real Asset Fund | -5.32% | Jul 2, 2019 | GBLAX vs PDSYX |
Other Mutual Funds from American Funds
Most popular American Funds mutual funds on PortfoliosLab, across asset classes.
Often Compared With GBLAX
What investors most often compare with GBLAX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Vanguard Global Wellington Fund Admiral Shares | Diversified Portfolio | 84 | 2.68% | Nov 2, 2017 | GBLAX vs VGWAX |
Compare GBLAX with Any Fund or Stock
Compare GBLAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.