Mutual of America Conservative Allocation Fund (MACAX) Alternatives
Mutual of America Conservative Allocation Fund (MACAX) 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 MACAX. 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 MACAX
MACAX charges 0.08% annually. Among mutual funds in the Diversified Portfolio category, these options have the lowest expense ratios among MACAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | Jan 1, 2022 | MACAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | Sep 12, 2017 | MACAX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | Dec 8, 2011 | MACAX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | Dec 28, 2017 | MACAX vs BWBIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | Feb 9, 2022 | MACAX vs FYMIX |
Best Risk-Adjusted Alternatives to MACAX
Among mutual funds in the Diversified Portfolio 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 | |
|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | Nov 16, 2003 | MACAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | Dec 24, 2002 | MACAX vs TIBIX | |
| Chartwell Income Fund | 96 | Sep 2, 1987 | MACAX vs BERIX | |
| Nuveen Flexible Income Fund | 95 | Dec 8, 2009 | MACAX vs NWQIX | |
| Pioneer Multi-Asset Income Fund A | 93 | Dec 22, 2011 | MACAX vs PMAIX |
Top Performing MACAX Alternatives (YTD)
MACAX alternatives from the Diversified Portfolio category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | 9.34% | Apr 8, 2012 | MACAX vs SIFAX | |
| PGIM Real Assets Fund | 9.23% | Dec 29, 2010 | MACAX vs PUDZX | |
| ICON Equity Income Fund | 8.64% | May 9, 2004 | MACAX vs IOEZX | |
| DWS RREEF Real Assets Fund - Class A | 8.59% | Jul 30, 2007 | MACAX vs AAAAX | |
| Concorde Wealth Management Fund | 8.18% | Dec 3, 1987 | MACAX vs CONWX |
Lowest Volatility Alternatives to MACAX
MACAX alternatives from the Diversified Portfolio category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.93% | Nov 16, 2003 | MACAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.64% | Apr 8, 2012 | MACAX vs SCLAX | |
| Ave Maria Bond Fund | 3.44% | Apr 30, 2003 | MACAX vs AVEFX | |
| American Funds College 2027 Fund | 3.47% | Sep 13, 2012 | MACAX vs CSTAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 3.66% | Nov 16, 2003 | MACAX vs SICIX |
Lowest Drawdown Alternatives to MACAX
MACAX alternatives from the Diversified Portfolio category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.59% | Nov 16, 2003 | MACAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | Apr 8, 2012 | MACAX vs SCLAX | |
| Ave Maria Bond Fund | -2.52% | Apr 30, 2003 | MACAX vs AVEFX | |
| American Funds College 2027 Fund | -2.72% | Sep 13, 2012 | MACAX vs CSTAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.73% | Nov 16, 2003 | MACAX vs SICIX |
Other Mutual Funds from Mutual of America
Most popular Mutual of America mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Mutual of America International Fund | Foreign Large Cap Equities | 78 | -1.36% | Nov 29, 2021 | MACAX vs MAIFX | |
| Mutual of America Investment Corporation - 2050 Re... | Target Retirement Date | 46 | -3.91% | Nov 30, 2021 | MACAX vs MURNX | |
| Mutual of America 2040 Retirement Fund | Target Retirement Date | 49 | -3.53% | Nov 29, 2021 | MACAX vs MURLX | |
| Mutual of America Composite Fund | Diversified Portfolio | 72 | -2.83% | Nov 29, 2021 | MACAX vs MACHX | |
| Mutual of America 2055 Retirement Fund | Target Retirement Date | 44 | -3.97% | Nov 29, 2021 | MACAX vs MUROX | |
| Mutual of America All America Fund | Large Cap Blend Equities | 23 | -5.16% | Nov 29, 2021 | MACAX vs MAAKX | |
| Mutual of America 2045 Retirement Fund | Target Retirement Date | 46 | -3.82% | Nov 29, 2021 | MACAX vs MURMX | |
| Mutual of America Retirement Income Fund | Target Retirement Date | 70 | -1.88% | Nov 29, 2021 | MACAX vs MARMX | |
| Mutual of America Bond Fund | Intermediate Core Bond | 64 | -0.39% | Nov 29, 2021 | MACAX vs MABDX | |
| Mutual of America Small Cap Growth Fund | Small Cap Growth Equities | 24 | -3.04% | Nov 29, 2021 | MACAX vs MAGKX |
Often Compared With MACAX
What investors most often compare with MACAX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| BlackRock Multi-Asset Income Portfolio | Diversified Portfolio | 72 | -1.72% | Apr 7, 2008 | MACAX vs BAICX | |
| iShares Core Conservative Allocation ETF | Diversified Portfolio | 80 | -0.18% | Nov 4, 2008 | MACAX vs AOK | |
| Mutual of America Mid-Cap Equity Index Fund | Mid Cap Blend Equities | 24 | -0.45% | Nov 29, 2021 | MACAX vs MAMEX | |
| Mutual of America Mid Cap Value Fund | Mid Cap Value Equities | 11 | -0.50% | Nov 29, 2021 | MACAX vs MAMVX | |
| Allspring Diversified Capital Builder Fund | Diversified Portfolio | 90 | 4.55% | Jan 19, 1998 | MACAX vs EKBAX | |
| Mutual of America Aggressive Allocation Fund | Diversified Portfolio | 44 | -3.18% | Nov 29, 2021 | MACAX vs MAANX | |
| Quantified Managed Income Fund | Diversified Portfolio | 26 | -0.76% | Aug 8, 2013 | MACAX vs QBDSX | |
| Kinetics The Global Fund | Diversified Portfolio | 12 | 5.17% | Dec 30, 1999 | MACAX vs WWWEX | |
| Timothy Plan Defensive Strategies Fund | Diversified Portfolio | 93 | 7.48% | Nov 3, 2009 | MACAX vs TPDAX |
Compare MACAX with Any Fund or Stock
Compare MACAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.