BlackRock Tactical Opportunities Fund (PCBAX) belongs to the Macro Trading category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PCBAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PCBAX
PCBAX charges 1.08% annually. There are 3 mutual funds in the Macro Trading category with lower expense ratios, going as low as 0.78%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Global Absolute Return Strategies Fund | 0.78% | — | Oct 1990 | PCBAX vs CGFIX | |
| Fulcrum Diversified Absolute Return Fund | 1.04% | — | Jul 2015 | PCBAX vs FARYX | |
| MFS Global Alternative Strategy Fund | 1.05% | — | Dec 2007 | PCBAX vs DVRIX | |
| AQR Macro Opportunities Fund | 1.20% | — | Apr 2014 | PCBAX vs QGMIX | |
| Quantified Alternative Investment Fund | 1.33% | — | Aug 2013 | PCBAX vs QALTX |
Best Risk-Adjusted Alternatives to PCBAX
PCBAX has a PortfoliosLab risk / return rank of 81. There are 2 mutual funds in the Macro Trading category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 98 | — | Dec 2012 | PCBAX vs EGRAX | |
| Catalyst/Millburn Hedge Strategy Fund | 91 | — | Dec 2015 | PCBAX vs MBXAX | |
| Standpoint Multi-Asset Fund Investor Class | 80 | — | Dec 2019 | PCBAX vs REMIX | |
| Rational/ReSolve Adaptive Asset Allocation Fund | 80 | — | Sep 2016 | PCBAX vs RDMIX | |
| OnTrack Core Fund | 79 | — | Jan 2013 | PCBAX vs OTRFX |
Top Performing PCBAX Alternatives (YTD)
PCBAX is at 9.99% YTD. There are 3 mutual funds in the Macro Trading category with higher YTD returns, going as high as 14.38%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Catalyst/Millburn Hedge Strategy Fund | 14.38% | — | Dec 2015 | PCBAX vs MBXAX | |
| Standpoint Multi-Asset Fund Investor Class | 13.09% | — | Dec 2019 | PCBAX vs REMIX | |
| Rational/ReSolve Adaptive Asset Allocation Fund | 12.42% | — | Sep 2016 | PCBAX vs RDMIX | |
| JHancock Diversified Macro Fund | 9.74% | — | Jul 2019 | PCBAX vs JDJIX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 8.63% | — | Dec 2012 | PCBAX vs EGRAX |
Lowest Volatility Alternatives to PCBAX
PCBAX has 5.71% 1-year volatility. There are 5 mutual funds in the Macro Trading category with lower 1-year volatility, going as low as 3.09%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Global Absolute Return Strategies Fund | 3.09% | — | Oct 1990 | PCBAX vs CGFIX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 3.57% | — | Dec 2012 | PCBAX vs EGRAX | |
| MFS Global Alternative Strategy Fund | 3.72% | — | Dec 2007 | PCBAX vs DVRIX | |
| OnTrack Core Fund | 4.13% | — | Jan 2013 | PCBAX vs OTRFX | |
| Dunham Dynamic Macro Fund | 4.29% | — | Apr 2010 | PCBAX vs DNAVX |
Lowest Drawdown Alternatives to PCBAX
PCBAX has a 1-year max drawdown of -3.04%. There are 2 mutual funds in the Macro Trading category with shallower 1-year drawdowns, going as shallow as -2.78%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Global Absolute Return Strategies Fund | -2.78% | — | Oct 1990 | PCBAX vs CGFIX | |
| OnTrack Core Fund | -3.02% | — | Jan 2013 | PCBAX vs OTRFX | |
| MFS Global Alternative Strategy Fund | -3.08% | — | Dec 2007 | PCBAX vs DVRIX | |
| Eaton Vance Global Macro Absolute Return Advantage... | -3.35% | — | Dec 2012 | PCBAX vs EGRAX | |
| Dunham Dynamic Macro Fund | -3.83% | — | Apr 2010 | PCBAX vs DNAVX |
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 | 39 | 15.10% | — | Sep 2021 | PCBAX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 65 | 11.33% | — | Jul 1993 | PCBAX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.25% | — | Dec 2012 | PCBAX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 64 | 12.43% | — | May 2011 | PCBAX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 73 | 11.70% | — | Dec 1991 | PCBAX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 51 | 9.56% | — | Jul 2010 | PCBAX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 41 | 5.97% | — | Aug 2005 | PCBAX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 50 | 34.57% | — | Apr 2000 | PCBAX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 72 | 6.74% | — | Oct 2007 | PCBAX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 72 | 13.91% | — | Sep 1999 | PCBAX vs FAMRX |
Often Compared With PCBAX
Investors most often compare PCBAX with GPAIX, FTBFX, EBSAX. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare PCBAX with Any Fund or Stock
Compare PCBAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PCBAX with funds that move differently
BlackRock Tactical Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PCBAX.
Explore PCBAX Diversifiers