BlackRock Global Allocation Fund (MALOX) 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 MALOX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MALOX
MALOX charges 0.81% annually. There are 33 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | — | Feb 2012 | MALOX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | MALOX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | MALOX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | MALOX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | MALOX vs JNSMX |
Best Risk-Adjusted Alternatives to MALOX
MALOX has a PortfoliosLab risk / return rank of 53. There are 48 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 | MALOX vs TIBAX | |
| GMO Benchmark-Free Fund | 95 | — | Jun 2011 | MALOX vs GBFFX | |
| GMO Implementation Fund | 94 | — | Feb 2012 | MALOX vs GIMFX | |
| GMO Benchmark-Free Allocation Fund | 94 | — | Jul 2003 | MALOX vs GBMFX | |
| SA Worldwide Moderate Growth Fund | 93 | — | Jun 2015 | MALOX vs SAWMX |
Top Performing MALOX Alternatives (YTD)
MALOX is at 8.77% YTD. There are 30 mutual funds in the Global Allocation category with higher YTD returns, going as high as 26.70%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Total Return Fund | 26.70% | — | Oct 2005 | MALOX vs CGO | |
| Calamos Global Dynamic Income Fund | 25.10% | — | Jun 2007 | MALOX vs CHW | |
| Calamos Global Opportunities Fund | 18.27% | — | Sep 1996 | MALOX vs CVLOX | |
| Thornburg Investment Income Builder Fund | 17.56% | — | Dec 2002 | MALOX vs TIBAX | |
| Leuthold Global Fund | 15.15% | — | Apr 2008 | MALOX vs GLBIX |
Lowest Volatility Alternatives to MALOX
MALOX has 10.20% 1-year volatility. There are 55 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 | MALOX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.44% | — | Dec 2017 | MALOX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.68% | — | Mar 2011 | MALOX vs LFMIX | |
| Pioneer Multi-Asset Income Fund | 5.90% | — | Dec 2011 | MALOX vs PMFYX | |
| Nuveen Real Asset Income Fund | 5.91% | — | Sep 2011 | MALOX vs NRIIX |
Lowest Drawdown Alternatives to MALOX
MALOX has a 1-year max drawdown of -8.31%. There are 55 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 | MALOX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | MALOX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | MALOX vs PFADX | |
| Allspring Absolute Return Fund | -3.81% | — | Feb 2012 | MALOX vs WARAX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | MALOX vs PMFYX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 34 | 12.06% | — | Sep 2021 | MALOX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 66 | 10.17% | — | Jul 1993 | MALOX vs WFSPX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 95 | 12.96% | — | Dec 2012 | MALOX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 67 | 12.50% | — | May 2011 | MALOX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 76 | 12.03% | — | Dec 1991 | MALOX vs FASGX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 31 | 2.24% | — | Aug 2005 | MALOX vs BDJ | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 60 | 11.24% | — | Jul 2010 | MALOX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 66 | 43.57% | — | Apr 2000 | MALOX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 79 | 7.59% | — | Oct 2007 | MALOX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 75 | 14.24% | — | Sep 1999 | MALOX vs FAMRX |
Often Compared With MALOX
Investors most often compare MALOX with NDARX, HACAX, VOO. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare MALOX with Any Fund or Stock
Compare MALOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MALOX with funds that move differently
BlackRock Global Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MALOX.
Explore MALOX Diversifiers