Lord Abbett Multi-Asset Balanced Opportunity Fund (LABFX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LABFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LABFX
LABFX charges 0.50% annually. There are 188 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | LABFX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | LABFX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 64.10B | Dec 2000 | LABFX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | LABFX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | LABFX vs BWBIX |
Best Risk-Adjusted Alternatives to LABFX
LABFX has a PortfoliosLab risk / return rank of 51. There are 346 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | LABFX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 97 | — | Dec 2002 | LABFX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | LABFX vs NWQIX | |
| Pioneer Balanced ESG Fund | 93 | — | Dec 1991 | LABFX vs AYBLX | |
| Victory Pioneer Balanced Fund Class A | 93 | — | Dec 1991 | LABFX vs AOBLX |
Top Performing LABFX Alternatives (YTD)
LABFX is at 5.43% YTD. There are 328 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 31.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 31.24% | — | Jan 1998 | LABFX vs EKBAX | |
| Greenspring Fund | 19.30% | — | Jun 1983 | LABFX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 19.20% | — | Aug 1998 | LABFX vs MHELX | |
| ICON Equity Income Fund | 18.43% | — | May 2004 | LABFX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 16.12% | — | Dec 2002 | LABFX vs TIBIX |
Lowest Volatility Alternatives to LABFX
LABFX has 8.16% 1-year volatility. There are 218 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | LABFX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.82% | — | Nov 2003 | LABFX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.87% | — | Apr 2012 | LABFX vs SCLAX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | LABFX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | LABFX vs CSTAX |
Lowest Drawdown Alternatives to LABFX
LABFX has a 1-year max drawdown of -6.10%. There are 237 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | LABFX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | LABFX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | LABFX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | LABFX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | LABFX vs CSTAX |
Other Mutual Funds from Lord Abbett
The 10 most viewed Lord Abbett mutual funds shown here include LLDYX, LALDX, LSYAX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Lord Abbett Short Duration Income Fund | Total Bond Market | 82 | 0.93% | — | Oct 2004 | LABFX vs LLDYX | |
| Lord Abbett Short Duration Income Fund | Short-Term Bond | 70 | 0.83% | — | Nov 1993 | LABFX vs LALDX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 75 | 2.16% | — | May 2020 | LABFX vs LSYAX | |
| Lord Abbett Affiliated Fund | Large Cap Value Equities | 80 | 12.68% | — | Jan 1950 | LABFX vs LAFFX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 79 | 2.36% | — | Apr 2020 | LABFX vs LSYIX | |
| Lord Abbett Bond Debenture Fund | Multisector Bonds | 40 | 0.88% | — | Mar 1971 | LABFX vs LBNDX | |
| Lord Abbett Growth Leaders Fund | Large Cap Growth Equities | 12 | 6.33% | — | Jun 2011 | LABFX vs LGLIX | |
| Lord Abbett High Yield Fund | High Yield Bonds | 62 | 1.64% | — | Dec 1998 | LABFX vs LHYAX | |
| Lord Abbett Ultra Short Bond Fund | Ultrashort Bond | 99 | 1.69% | — | Oct 2016 | LABFX vs LUBYX | |
| Lord Abbett Mid Cap Stock Fund | Mid Cap Value Equities | 62 | 12.65% | — | Jun 1983 | LABFX vs LAVLX |
Often Compared With LABFX
Investors most often compare LABFX with SPY, VFIAX, CONWX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare LABFX with Any Fund or Stock
Compare LABFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LABFX with funds that move differently
Lord Abbett Multi-Asset Balanced Opportunity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LABFX.
Explore LABFX Diversifiers