Madison Aggressive Allocation Fund Class A (MAGSX) 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 MAGSX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MAGSX
MAGSX charges 1.00% annually. There are 414 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 | MAGSX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | MAGSX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | MAGSX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | MAGSX vs VBAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | MAGSX vs BWBIX |
Best Risk-Adjusted Alternatives to MAGSX
MAGSX has a PortfoliosLab risk / return rank of 70. There are 168 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 | MAGSX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | MAGSX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | MAGSX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | MAGSX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | MAGSX vs FSRRX |
Top Performing MAGSX Alternatives (YTD)
MAGSX is at 11.31% YTD. There are 40 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.12% | — | Jan 1998 | MAGSX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | MAGSX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | MAGSX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | MAGSX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | MAGSX vs BRUFX |
Lowest Volatility Alternatives to MAGSX
MAGSX has 11.37% 1-year volatility. There are 439 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 | MAGSX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | MAGSX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | MAGSX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | MAGSX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | MAGSX vs CSTAX |
Lowest Drawdown Alternatives to MAGSX
MAGSX has a 1-year max drawdown of -8.63%. There are 468 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 | MAGSX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | MAGSX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | MAGSX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | MAGSX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | MAGSX vs CSTAX |
Other Mutual Funds from Madison
The 10 most viewed Madison mutual funds shown here include GTSGX, BVAOX, BHBFX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Madison Mid Cap Fund | Mid Cap Blend Equities | 15 | 7.83% | — | Jul 1983 | MAGSX vs GTSGX | |
| Madison Small Cap Fund | Small Cap Blend Equities | 10 | 9.00% | — | Dec 1996 | MAGSX vs BVAOX | |
| Madison Dividend Income Fund | Large Cap Value Equities | 56 | 11.96% | — | Dec 1986 | MAGSX vs BHBFX | |
| Madison Covered Call & Equity Income Fund | Derivative Income | 26 | 5.41% | — | Oct 2009 | MAGSX vs MENYX | |
| Madison Core Bond Fund | Intermediate Core Bond | 18 | -0.68% | — | Dec 1997 | MAGSX vs MBOAX | |
| Madison Tax-Free National Fund | Municipal Bonds | 75 | 0.24% | — | Dec 1982 | MAGSX vs GTFHX | |
| Madison Conservative Allocation Fund | Diversified Portfolio | 60 | 4.72% | — | Jun 2006 | MAGSX vs MCNAX | |
| Madison Investors Fund | Large Cap Blend Equities | 19 | 6.14% | — | Nov 1978 | MAGSX vs MINVX | |
| Madison Moderate Allocation Fund | Diversified Portfolio | 64 | 8.45% | — | Jun 2006 | MAGSX vs MMDAX | |
| Madison Diversified Income Fund | Diversified Portfolio | 57 | 4.48% | — | Dec 1997 | MAGSX vs MBLAX |
Often Compared With MAGSX
Investors most often compare MAGSX with QQQ, VOO, SPY. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare MAGSX with Any Fund or Stock
Compare MAGSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MAGSX with funds that move differently
Madison Aggressive Allocation Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MAGSX.
Explore MAGSX Diversifiers