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 54 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 46. There are 67 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 | 97 | — | Jun 2011 | MDLOX vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 97 | — | Jul 2003 | MDLOX vs GBMFX | |
| GMO Implementation Fund | 97 | — | Feb 2012 | MDLOX vs GIMFX | |
| Principal Diversified Select Real Asset Fund | 97 | — | Jul 2019 | MDLOX vs PDSYX |
Top Performing MDLOX Alternatives (YTD)
MDLOX is at 6.06% YTD. There are 65 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 | MDLOX vs TIBAX | |
| Wilmington Real Asset Fund | 17.01% | — | Jun 2003 | MDLOX vs WMRIX | |
| Calamos Global Dynamic Income Fund | 16.29% | — | Jun 2007 | MDLOX vs CHW | |
| Calamos Global Total Return Fund | 15.69% | — | Oct 2005 | MDLOX vs CGO | |
| GMO Implementation Fund | 15.19% | — | Feb 2012 | MDLOX vs GIMFX |
Lowest Volatility Alternatives to MDLOX
MDLOX has 10.71% 1-year volatility. There are 58 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 | MDLOX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.43% | — | Dec 2017 | MDLOX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.75% | — | Mar 2011 | MDLOX vs LFMIX | |
| Nuveen Real Asset Income Fund | 5.82% | — | Sep 2011 | MDLOX vs NRIIX | |
| Pioneer Multi-Asset Income Fund | 5.96% | — | Dec 2011 | MDLOX vs PMFYX |
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 | -3.48% | — | Mar 2011 | MDLOX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | MDLOX vs PFADX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | MDLOX vs PMFYX | |
| Morningstar Global Income Fund | -4.38% | — | Nov 2018 | MDLOX vs MSTGX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 29 | 10.45% | — | Sep 2021 | MDLOX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 63 | 9.34% | — | Jul 1993 | MDLOX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 97 | 12.04% | — | Dec 2012 | MDLOX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund - Institutional... | Target Retirement Date | 70 | 11.03% | — | May 2011 | MDLOX vs LIVIX | |
| BlackRock Enhanced Equity Dividend Trust | Derivative Income | 64 | 8.08% | — | Aug 2005 | MDLOX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 30 | 22.08% | — | May 2000 | MDLOX vs BGSAX | |
| BlackRock Global Equity Market Neutral Fund Invest... | Equity Market Neutral | 97 | 11.82% | — | Dec 2012 | MDLOX vs BDMAX | |
| BlackRock Equity Dividend Fund | Large Cap Value Equities | 87 | 15.65% | — | Nov 1988 | MDLOX vs MADVX | |
| BlackRock Strategic Income Opportunities Fund Clas... | Total Bond Market | 64 | 1.03% | — | Feb 2008 | MDLOX vs BSIIX | |
| BlackRock High Yield K | High Yield Bonds | 78 | 1.22% | — | Jan 2001 | MDLOX vs BRHYX |
Often Compared With MDLOX
Investors most often compare MDLOX with GLBIX, MALOX, VOO. These 20 comparison targets span 11 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