JPMorgan Global Allocation Fund Class A (JBALX) 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 JBALX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JBALX
JBALX charges 0.96% annually. There are 54 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Voya Global Advantage and Premium Opportunity Fund | 0.01% | — | Oct 2005 | JBALX vs IGA | |
| Highland Global Allocation Fund | 0.02% | — | Jan 1998 | JBALX vs HGLB | |
| Lazard Global Total Return and Income Fund | 0.02% | — | Apr 2004 | JBALX vs LGI | |
| GMO Implementation Fund | 0.02% | — | Feb 2012 | JBALX vs GIMFX | |
| Dimensional Multi-Asset Fund | 0.04% | — | Dec 2009 | JBALX vs DMO |
Best Risk-Adjusted Alternatives to JBALX
JBALX has a PortfoliosLab risk / return rank of 33. There are 71 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 | JBALX vs TIBAX | |
| GMO Benchmark-Free Fund | 95 | — | Jun 2011 | JBALX vs GBFFX | |
| GMO Implementation Fund | 95 | — | Feb 2012 | JBALX vs GIMFX | |
| GMO Benchmark-Free Allocation Fund | 95 | — | Jul 2003 | JBALX vs GBMFX | |
| SA Worldwide Moderate Growth Fund | 93 | — | Jun 2015 | JBALX vs SAWMX |
Top Performing JBALX Alternatives (YTD)
JBALX is at 3.50% YTD. There are 77 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 | JBALX vs CGO | |
| Calamos Global Dynamic Income Fund | 22.87% | — | Jun 2007 | JBALX vs CHW | |
| Calamos Global Opportunities Fund | 18.19% | — | Sep 1996 | JBALX vs CVLOX | |
| Thornburg Investment Income Builder Fund | 17.44% | — | Dec 2002 | JBALX vs TIBAX | |
| Leuthold Global Fund | 15.78% | — | Apr 2008 | JBALX vs GLBIX |
Lowest Volatility Alternatives to JBALX
JBALX has 9.21% 1-year volatility. There are 47 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 | JBALX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.45% | — | Dec 2017 | JBALX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.69% | — | Mar 2011 | JBALX vs LFMIX | |
| Pioneer Multi-Asset Income Fund | 5.92% | — | Dec 2011 | JBALX vs PMFYX | |
| Nuveen Real Asset Income Fund | 5.92% | — | Sep 2011 | JBALX vs NRIIX |
Lowest Drawdown Alternatives to JBALX
JBALX has a 1-year max drawdown of -8.12%. There are 57 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 | JBALX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | JBALX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | JBALX vs PFADX | |
| Allspring Absolute Return Fund | -3.81% | — | Feb 2012 | JBALX vs WARAX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | JBALX vs PMFYX |
Other Mutual Funds from JPMorgan
The 10 most viewed JPMorgan mutual funds shown here include JLGMX, SEEGX, OLGAX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| JPMorgan Large Cap Growth Fund Class R6 | Large Cap Growth Equities | 18 | 6.63% | — | Nov 2010 | JBALX vs JLGMX | |
| JPMorgan Large Cap Growth Fund | Large Cap Growth Equities | 18 | 6.49% | — | Feb 1992 | JBALX vs SEEGX | |
| JPMorgan Large Cap Growth Fund Class A | Large Cap Growth Equities | 17 | 6.37% | — | Feb 1994 | JBALX vs OLGAX | |
| JPMorgan Equity Premium Income Fund Class I | Derivative Income, Large Cap Blend Equities | 15 | 0.90% | — | Aug 2018 | JBALX vs JEPIX | |
| JPMorgan Equity Income Fund R6 | Large Cap Value Equities, Dividend | 80 | 13.03% | — | Jul 1987 | JBALX vs OIEJX | |
| JPMorgan Hedged Equity Fund Class I | Hedge Fund | 13 | -1.68% | — | Dec 2013 | JBALX vs JHEQX | |
| JPMorgan Income Fund | Multisector Bonds | 78 | 0.99% | — | Jun 2014 | JBALX vs JMSIX | |
| JPMorgan U.S. Equity Fund R6 | Large Cap Blend Equities | 28 | 4.58% | — | Sep 1993 | JBALX vs JUEMX | |
| JPMorgan Equity Premium Income Fund Class A | Derivative Income, Dividend | 14 | 0.86% | — | Aug 2018 | JBALX vs JEPAX | |
| JPMorgan Growth Advantage Fund | Large Cap Growth Equities | 15 | 3.79% | — | Oct 1999 | JBALX vs VHIAX |
Often Compared With JBALX
Investors most often compare JBALX with AICFX, BALFX, PDRDX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare JBALX with Any Fund or Stock
Compare JBALX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JBALX with funds that move differently
JPMorgan Global Allocation Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JBALX.
Explore JBALX Diversifiers