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 32 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 54. There are 59 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 | 97 | — | Jun 2011 | MALOX vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 97 | — | Jul 2003 | MALOX vs GBMFX | |
| GMO Implementation Fund | 97 | — | Feb 2012 | MALOX vs GIMFX | |
| Principal Diversified Select Real Asset Fund | 97 | — | Jul 2019 | MALOX vs PDSYX |
Top Performing MALOX Alternatives (YTD)
MALOX is at 6.23% YTD. There are 64 mutual funds in the Global Allocation category with higher YTD returns, going as high as 17.63%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 17.63% | — | Dec 2002 | MALOX vs TIBAX | |
| Wilmington Real Asset Fund | 17.01% | — | Jun 2003 | MALOX vs WMRIX | |
| Calamos Global Dynamic Income Fund | 16.29% | — | Jun 2007 | MALOX vs CHW | |
| Calamos Global Total Return Fund | 15.69% | — | Oct 2005 | MALOX vs CGO | |
| GMO Implementation Fund | 15.19% | — | Feb 2012 | MALOX vs GIMFX |
Lowest Volatility Alternatives to MALOX
MALOX has 10.70% 1-year volatility. There are 57 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.02%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.02% | — | Jul 2019 | MALOX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.43% | — | Dec 2017 | MALOX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.75% | — | Mar 2011 | MALOX vs LFMIX | |
| Nuveen Real Asset Income Fund | 5.82% | — | Sep 2011 | MALOX vs NRIIX | |
| Pioneer Multi-Asset Income Fund | 5.96% | — | Dec 2011 | MALOX vs PMFYX |
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 | -3.48% | — | Mar 2011 | MALOX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | MALOX vs PFADX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | MALOX vs PMFYX | |
| Morningstar Global Income Fund | -4.38% | — | Nov 2018 | MALOX vs MSTGX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 10 categories. AUM among these funds goes as high as $12B.
Often Compared With MALOX
Investors most often compare MALOX with NDARX, HACAX, VOO. These 20 comparison targets span 19 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