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 81. There are 16 mutual funds in the Tactical Allocation category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Astor Dynamic Allocation Fund | 94 | — | Oct 2009 | PBAIX vs ASTIX | |
| Potomac Defensive Bull Fund | 93 | — | Jun 2020 | PBAIX vs CRDBX | |
| Teberg Fund | 92 | — | Mar 2002 | PBAIX vs TEBRX | |
| Donoghue Forlines Tactical Allocation Fund | 92 | — | Apr 2018 | PBAIX vs GTAIX | |
| Donoghue Forlines Momentum Fund | 92 | — | Dec 2016 | PBAIX vs MOJOX |
Top Performing PBAIX Alternatives (YTD)
PBAIX is at 9.80% YTD. There are 25 mutual funds in the Tactical Allocation category with higher YTD returns, going as high as 52.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quantified Evolution Plus Fund | 52.24% | — | Sep 2019 | PBAIX vs QEVOX | |
| Donoghue Forlines Momentum Fund | 43.41% | — | Dec 2016 | PBAIX vs MOJOX | |
| Teberg Fund | 32.96% | — | Mar 2002 | PBAIX vs TEBRX | |
| Quantified STF Fund | 25.73% | — | Nov 2015 | PBAIX vs QSTFX | |
| Quantified Market Leaders Fund | 21.38% | — | Aug 2013 | PBAIX vs QMLFX |
Lowest Volatility Alternatives to PBAIX
PBAIX has 5.66% 1-year volatility. There are 11 mutual funds in the Tactical Allocation category with lower 1-year volatility, going as low as 2.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | 2.50% | — | Aug 2012 | PBAIX vs GPIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 2.68% | — | Apr 2012 | PBAIX vs SIOAX | |
| Goldman Sachs TacticalTiltOverlayFund | 2.78% | — | Jul 2014 | PBAIX vs TTIFX | |
| Hundredfold Select Alternative Fund | 4.74% | — | Aug 2004 | PBAIX vs SFHYX | |
| Hundredfold Select Alternative Fund Investor Class | 4.75% | — | — | 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 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 | PBAIX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 65 | 9.77% | — | Jul 1993 | PBAIX vs WFSPX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 96 | 13.03% | — | Dec 2012 | PBAIX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 69 | 12.39% | — | May 2011 | PBAIX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.90% | — | Dec 1991 | PBAIX vs FASGX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 28 | 1.80% | — | Aug 2005 | PBAIX vs BDJ | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 64 | 11.89% | — | Jul 2010 | PBAIX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 69 | 43.67% | — | Apr 2000 | PBAIX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 79 | 7.45% | — | Oct 2007 | PBAIX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 77 | 14.17% | — | Sep 1999 | PBAIX vs FAMRX |
Often Compared With PBAIX
Investors most often compare PBAIX with QQMNX, AQRIX, PASAX. These 20 comparison targets span 6 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