BlackRock Global Allocation Fund (MDLOX) 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 MDLOX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MDLOX
MDLOX charges 1.11% annually. There are 53 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 | MDLOX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | MDLOX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | MDLOX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | MDLOX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | MDLOX vs JNSMX |
Best Risk-Adjusted Alternatives to MDLOX
MDLOX has a PortfoliosLab risk / return rank of 51. There are 52 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 | MDLOX vs TIBAX | |
| GMO Benchmark-Free Fund | 95 | — | Jun 2011 | MDLOX vs GBFFX | |
| GMO Implementation Fund | 95 | — | Feb 2012 | MDLOX vs GIMFX | |
| GMO Benchmark-Free Allocation Fund | 95 | — | Jul 2003 | MDLOX vs GBMFX | |
| SA Worldwide Moderate Growth Fund | 93 | — | Jun 2015 | MDLOX vs SAWMX |
Top Performing MDLOX Alternatives (YTD)
MDLOX is at 8.22% YTD. There are 33 mutual funds in the Global Allocation category with higher YTD returns, going as high as 24.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Total Return Fund | 24.25% | — | Oct 2005 | MDLOX vs CGO | |
| Calamos Global Dynamic Income Fund | 22.87% | — | Jun 2007 | MDLOX vs CHW | |
| Calamos Global Opportunities Fund | 18.19% | — | Sep 1996 | MDLOX vs CVLOX | |
| Thornburg Investment Income Builder Fund | 17.44% | — | Dec 2002 | MDLOX vs TIBAX | |
| Leuthold Global Fund | 15.78% | — | Apr 2008 | MDLOX vs GLBIX |
Lowest Volatility Alternatives to MDLOX
MDLOX has 10.22% 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 | MDLOX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.45% | — | Dec 2017 | MDLOX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.69% | — | Mar 2011 | MDLOX vs LFMIX | |
| Pioneer Multi-Asset Income Fund | 5.92% | — | Dec 2011 | MDLOX vs PMFYX | |
| Nuveen Real Asset Income Fund | 5.92% | — | Sep 2011 | MDLOX vs NRIIX |
Lowest Drawdown Alternatives to MDLOX
MDLOX has a 1-year max drawdown of -8.30%. There are 54 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 | MDLOX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | MDLOX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | MDLOX vs PFADX | |
| Allspring Absolute Return Fund | -3.81% | — | Feb 2012 | MDLOX vs WARAX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | MDLOX 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 | 30 | 11.26% | — | Sep 2021 | MDLOX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 65 | 9.77% | — | Jul 1993 | MDLOX vs WFSPX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 96 | 13.03% | — | Dec 2012 | MDLOX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 69 | 12.39% | — | May 2011 | MDLOX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.90% | — | Dec 1991 | MDLOX vs FASGX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 28 | 1.80% | — | Aug 2005 | MDLOX vs BDJ | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 64 | 11.89% | — | Jul 2010 | MDLOX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 69 | 43.67% | — | Apr 2000 | MDLOX vs BGSAX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 77 | 14.17% | — | Sep 1999 | MDLOX vs FAMRX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 79 | 7.45% | — | Oct 2007 | MDLOX vs FFANX |
Often Compared With MDLOX
Investors most often compare MDLOX with VOO, DNLAX, MALOX. These 12 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare MDLOX with Any Fund or Stock
Compare MDLOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MDLOX 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 MDLOX.
Explore MDLOX Diversifiers