BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) belongs to the Tactical Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PBAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PBAIX
PBAIX charges 0.77% annually. There are 10 mutual funds in the Tactical Allocation category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs Growth and Income Strategy Portfolio | 0.19% | — | Jan 1998 | PBAIX vs GOIIX | |
| Goldman Sachs Balanced Strategy Portfolio | 0.19% | — | Jan 1998 | PBAIX vs GIPIX | |
| PIMCO All Asset All Authority Fund | 0.21% | — | Oct 2003 | PBAIX vs PAUIX | |
| Columbia Thermostat Fund | 0.24% | — | Sep 2002 | PBAIX vs COTZX | |
| GuidePath Flexible Income Allocation Fund | 0.50% | — | Aug 2012 | PBAIX vs GPIFX |
Best Risk-Adjusted Alternatives to PBAIX
PBAIX has a PortfoliosLab risk / return rank of 76. There are 21 mutual funds in the Tactical Allocation category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| RESQ Dynamic Allocation Fund | 95 | — | Dec 2013 | PBAIX vs RQEIX | |
| Invesco Balanced-Risk Allocation Fund | 95 | — | Jun 2009 | PBAIX vs ABRYX | |
| Invesco Balanced-Risk Allocation Fund Class A | 95 | — | Jun 2009 | PBAIX vs ABRZX | |
| Potomac Defensive Bull Fund | 93 | — | Jun 2020 | PBAIX vs CRDBX | |
| AQR Diversifying Strategies Fund Class N | 92 | — | Jun 2020 | PBAIX vs QDSNX |
Top Performing PBAIX Alternatives (YTD)
PBAIX is at 10.25% YTD. There are 23 mutual funds in the Tactical Allocation category with higher YTD returns, going as high as 54.73%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quantified Evolution Plus Fund | 54.73% | — | Sep 2019 | PBAIX vs QEVOX | |
| Donoghue Forlines Momentum Fund | 34.70% | — | Dec 2016 | PBAIX vs MOJOX | |
| Teberg Fund | 26.95% | — | Mar 2002 | PBAIX vs TEBRX | |
| Invesco Balanced-Risk Allocation Fund | 20.33% | — | Jun 2009 | PBAIX vs ABRYX | |
| Invesco Balanced-Risk Allocation Fund Class A | 20.22% | — | Jun 2009 | PBAIX vs ABRZX |
Lowest Volatility Alternatives to PBAIX
PBAIX has 5.75% 1-year volatility. There are 12 mutual funds in the Tactical Allocation category with lower 1-year volatility, going as low as 2.41%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | 2.41% | — | Aug 2012 | PBAIX vs GPIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 2.59% | — | Apr 2012 | PBAIX vs SIOAX | |
| Goldman Sachs TacticalTiltOverlayFund | 2.75% | — | Jul 2014 | PBAIX vs TTIFX | |
| Hundredfold Select Alternative Fund | 4.54% | — | Aug 2004 | PBAIX vs SFHYX | |
| Hundredfold Select Alternative Fund Investor Class | 4.54% | — | — | PBAIX vs HFSAX |
Lowest Drawdown Alternatives to PBAIX
PBAIX has a 1-year max drawdown of -2.99%. There are 6 mutual funds in the Tactical Allocation category with shallower 1-year drawdowns, going as shallow as -1.69%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | -1.69% | — | Aug 2012 | PBAIX vs GPIFX | |
| AQR Diversifying Strategies Fund Class N | -1.97% | — | Jun 2020 | PBAIX vs QDSNX | |
| Goldman Sachs TacticalTiltOverlayFund | -2.11% | — | Jul 2014 | PBAIX vs TTIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | -2.34% | — | Apr 2012 | PBAIX vs SIOAX | |
| Hussman Strategic Total Return Fund | -2.42% | — | Sep 2002 | PBAIX vs HSTRX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include NASDX, VFAIX, VTMFX and span 10 categories. AUM among these funds goes as high as $29B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Shelton Capital Management Nasdaq-100 Index Fund D... | Large Cap Growth Equities | 75 | 21.38% | — | Jan 2000 | PBAIX vs NASDX | |
| Vanguard Financials Index Fund Admiral Shares | Financials Equities | 4 | -5.08% | 13.70B | Feb 2004 | PBAIX vs VFAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | Diversified Portfolio | 81 | 6.03% | 11.90B | Sep 1994 | PBAIX vs VTMFX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | Large Cap Blend Equities | 70 | 11.31% | 28.60B | Sep 1994 | PBAIX vs VTCLX | |
| iShares S&P 500 Index Fund | S&P 500 | 73 | 11.69% | — | Jul 1993 | PBAIX vs WFSPX | |
| BlackRock ESG Capital Allocation Term Trust | Derivative Income, ESG | 28 | 11.23% | — | Sep 2021 | PBAIX vs ECAT | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 69 | 13.10% | — | May 2011 | PBAIX vs LIVIX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 92 | 12.48% | — | Dec 2012 | PBAIX vs BDMIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.93% | — | Dec 1991 | PBAIX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 67 | 15.25% | — | Jul 2010 | PBAIX vs ASFYX |
Often Compared With PBAIX
Investors most often compare PBAIX with QQMNX, AQRIX, PASAX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare PBAIX with Any Fund or Stock
Compare PBAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PBAIX with funds that move differently
BlackRock Tactical Opportunities Fund Institutional Class alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PBAIX.
Explore PBAIX Diversifiers