Saratoga Conservative Balanced Allocation Portfolio (LUNAX) 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 LUNAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LUNAX
LUNAX charges 0.99% annually. There are 405 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 | LUNAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | LUNAX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 64.10B | Dec 2000 | LUNAX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | LUNAX vs TSAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | LUNAX vs VTMFX |
Best Risk-Adjusted Alternatives to LUNAX
LUNAX has a PortfoliosLab risk / return rank of 30. There are 480 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 | LUNAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 97 | — | Dec 2002 | LUNAX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | LUNAX vs NWQIX | |
| Pioneer Balanced ESG Fund | 94 | — | Dec 1991 | LUNAX vs AYBLX | |
| Victory Pioneer Balanced Fund Class A | 94 | — | Dec 1991 | LUNAX vs AOBLX |
Top Performing LUNAX Alternatives (YTD)
LUNAX is at 3.38% YTD. There are 494 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 33.16%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 33.16% | — | Jan 1998 | LUNAX vs EKBAX | |
| Greenspring Fund | 20.03% | — | Jun 1983 | LUNAX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 19.67% | — | Aug 1998 | LUNAX vs MHELX | |
| ICON Equity Income Fund | 17.57% | — | May 2004 | LUNAX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 16.15% | — | Dec 2002 | LUNAX vs TIBIX |
Lowest Volatility Alternatives to LUNAX
LUNAX has 7.17% 1-year volatility. There are 170 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 | LUNAX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.83% | — | Nov 2003 | LUNAX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.86% | — | Apr 2012 | LUNAX vs SCLAX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | LUNAX vs AVEFX | |
| American Funds College 2027 Fund | 3.09% | — | Sep 2012 | LUNAX vs CSTAX |
Lowest Drawdown Alternatives to LUNAX
LUNAX has a 1-year max drawdown of -5.41%. There are 169 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 | LUNAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | LUNAX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | LUNAX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | LUNAX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | LUNAX vs CSTAX |
Other Mutual Funds from Saratoga
The 10 most viewed Saratoga mutual funds shown here include SLCGX, SBMIX, SPMAX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Saratoga Large Capitalization Growth Portfolio | Large Cap Growth Equities | 14 | 2.15% | — | Sep 1994 | LUNAX vs SLCGX | |
| Saratoga Moderate Balanced Allocation Portfolio | Diversified Portfolio | 30 | 5.11% | — | Dec 2017 | LUNAX vs SBMIX | |
| Saratoga Mid Capitalization Portfolio | Mid Cap Blend Equities | 29 | 16.76% | — | Jun 2002 | LUNAX vs SPMAX | |
| Saratoga Health & Biotechnology Fund | Health & Biotech Equities | 43 | 6.44% | — | Jul 1999 | LUNAX vs SHPAX | |
| Saratoga Technology & Communications Portfolio | Technology Equities | 18 | 8.34% | — | Oct 1997 | LUNAX vs STPAX | |
| Saratoga Small Capitalization Portfolio | Small Cap Growth Equities | 53 | 23.80% | — | Sep 1994 | LUNAX vs SSCPX | |
| Saratoga International Equity Portfolio | Foreign Large Cap Equities | 47 | 15.25% | — | Sep 1994 | LUNAX vs SIEPX | |
| Saratoga Municipal Bond Portfolio | Ultrashort Bond | 93 | 0.00% | — | Sep 1994 | LUNAX vs SMBPX | |
| Saratoga Aggressive Balanced Allocation Portfolio | Diversified Portfolio | 32 | 6.69% | — | Dec 2017 | LUNAX vs SABIX | |
| Saratoga Investment Quality Bond Portfolio | Short-Term Bond | 7 | -1.16% | — | Sep 1994 | LUNAX vs SIBPX |
Often Compared With LUNAX
Investors most often compare LUNAX with SAMIX, BWBIX, SMICX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare LUNAX with Any Fund or Stock
Compare LUNAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LUNAX with funds that move differently
Saratoga Conservative Balanced Allocation Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LUNAX.
Explore LUNAX Diversifiers