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 85. There are 13 mutual funds in the Tactical Allocation category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Astor Dynamic Allocation Fund | 95 | — | Oct 2009 | PBAIX vs ASTIX | |
| Hussman Strategic Total Return Fund | 95 | — | Sep 2002 | PBAIX vs HSTRX | |
| PIMCO All Asset Fund | 95 | — | Nov 2002 | PBAIX vs PAAIX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 94 | — | Apr 2012 | PBAIX vs SIOAX | |
| PIMCO All Asset Fund Class A | 94 | — | Apr 2008 | PBAIX vs PASAX |
Top Performing PBAIX Alternatives (YTD)
PBAIX is at 10.31% YTD. There are 16 mutual funds in the Tactical Allocation category with higher YTD returns, going as high as 43.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quantified Evolution Plus Fund | 43.03% | — | Sep 2019 | PBAIX vs QEVOX | |
| Donoghue Forlines Momentum Fund | 33.55% | — | Dec 2016 | PBAIX vs MOJOX | |
| Teberg Fund | 21.81% | — | Mar 2002 | PBAIX vs TEBRX | |
| PIMCO Dynamic Income Strategy Fund | 19.01% | — | Feb 2019 | PBAIX vs PDX | |
| Potomac Defensive Bull Fund | 18.43% | — | Jun 2020 | PBAIX vs CRDBX |
Lowest Volatility Alternatives to PBAIX
PBAIX has 5.74% 1-year volatility. There are 12 mutual funds in the Tactical Allocation category with lower 1-year volatility, going as low as 2.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | 2.54% | — | Aug 2012 | PBAIX vs GPIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 2.81% | — | Apr 2012 | PBAIX vs SIOAX | |
| Goldman Sachs TacticalTiltOverlayFund | 2.83% | — | Jul 2014 | PBAIX vs TTIFX | |
| OnTrack Core Fund | 4.15% | — | Jan 2013 | PBAIX vs OTRFX | |
| Hussman Strategic Total Return Fund | 4.31% | — | Sep 2002 | PBAIX vs HSTRX |
Lowest Drawdown Alternatives to PBAIX
PBAIX has a 1-year max drawdown of -2.99%. There are 5 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 | |
| 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 | -2.48% | — | Sep 2002 | PBAIX vs HSTRX | |
| Astor Dynamic Allocation Fund | -2.77% | — | Oct 2009 | PBAIX vs ASTIX |
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 | PBAIX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 63 | 9.34% | — | Jul 1993 | PBAIX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 97 | 12.04% | — | Dec 2012 | PBAIX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund - Institutional... | Target Retirement Date | 70 | 11.03% | — | May 2011 | PBAIX vs LIVIX | |
| BlackRock Enhanced Equity Dividend Trust | Derivative Income | 64 | 8.08% | — | Aug 2005 | PBAIX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 30 | 22.08% | — | May 2000 | PBAIX vs BGSAX | |
| BlackRock Global Equity Market Neutral Fund Invest... | Equity Market Neutral | 97 | 11.82% | — | Dec 2012 | PBAIX vs BDMAX | |
| BlackRock Strategic Income Opportunities Fund Clas... | Total Bond Market | 64 | 1.03% | — | Feb 2008 | PBAIX vs BSIIX | |
| BlackRock Equity Dividend Fund | Large Cap Value Equities | 87 | 15.65% | — | Nov 1988 | PBAIX vs MADVX | |
| BlackRock High Yield K | High Yield Bonds | 78 | 1.22% | — | Jan 2001 | PBAIX vs BRHYX |
Often Compared With PBAIX
Investors most often compare PBAIX with QQMNX, AQRIX, SFHYX. These 20 comparison targets span 5 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