PineBridge Dynamic Asset Allocation Fund (PDAVX) 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 PDAVX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PDAVX
PDAVX charges 0.90% annually. There are 39 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 | PDAVX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | PDAVX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | PDAVX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | PDAVX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | PDAVX vs JNSMX |
Best Risk-Adjusted Alternatives to PDAVX
PDAVX has a PortfoliosLab risk / return rank of 23. There are 73 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 97 | — | Dec 2002 | PDAVX vs TIBAX | |
| GMO Benchmark-Free Fund | 95 | — | Jun 2011 | PDAVX vs GBFFX | |
| Principal Diversified Select Real Asset Fund | 95 | — | Jul 2019 | PDAVX vs PDSYX | |
| GMO Implementation Fund | 95 | — | Feb 2012 | PDAVX vs GIMFX | |
| GMO Benchmark-Free Allocation Fund | 95 | — | Jul 2003 | PDAVX vs GBMFX |
Top Performing PDAVX Alternatives (YTD)
PDAVX is at 4.76% YTD. There are 70 mutual funds in the Global Allocation category with higher YTD returns, going as high as 22.73%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Dynamic Income Fund | 22.73% | — | Jun 2007 | PDAVX vs CHW | |
| Calamos Global Total Return Fund | 21.26% | — | Oct 2005 | PDAVX vs CGO | |
| Thornburg Investment Income Builder Fund | 16.02% | — | Dec 2002 | PDAVX vs TIBAX | |
| Nuveen Multi-Asset Income Fund | 14.86% | — | Nov 2021 | PDAVX vs NMAI | |
| Wilmington Real Asset Fund | 14.45% | — | Jun 2003 | PDAVX vs WMRIX |
Lowest Volatility Alternatives to PDAVX
PDAVX has 12.29% 1-year volatility. There are 69 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.04%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.04% | — | Jul 2019 | PDAVX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.43% | — | Dec 2017 | PDAVX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.65% | — | Mar 2011 | PDAVX vs LFMIX | |
| Nuveen Real Asset Income Fund | 5.89% | — | Sep 2011 | PDAVX vs NRIIX | |
| Pioneer Multi-Asset Income Fund | 5.94% | — | Dec 2011 | PDAVX vs PMFYX |
Lowest Drawdown Alternatives to PDAVX
PDAVX has a 1-year max drawdown of -8.89%. There are 65 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 | PDAVX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | PDAVX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | PDAVX vs PFADX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | PDAVX vs PMFYX | |
| Morningstar Global Income Fund | -4.38% | — | Nov 2018 | PDAVX vs MSTGX |
Often Compared With PDAVX
Investors most often compare PDAVX with DGRO, MHEIX, HRLYX. These 9 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 83 | 11.23% | 42.05B | Jun 2014 | PDAVX vs DGRO | |
| MH Elite Income Fund of Funds | Global Allocation | 33 | 2.09% | — | Aug 2011 | PDAVX vs MHEIX | |
| Hartford Real Asset Fund | Global Allocation | 92 | 11.83% | — | May 2010 | PDAVX vs HRLYX | |
| Principal Diversified Real Asset Fund | Global Allocation | 76 | 11.39% | — | Mar 2010 | PDAVX vs PDRDX | |
| Allspring Absolute Return Fund | Global Allocation | 89 | 12.79% | — | Feb 2012 | PDAVX vs WARAX | |
| Cohen & Steers Real Assets Fund Inc | Global Allocation | 39 | 11.38% | — | Jan 2012 | PDAVX vs RAPZX | |
| SA Worldwide Moderate Growth Fund | Global Allocation | 93 | 10.75% | — | Jun 2015 | PDAVX vs SAWMX | |
| Calamos Global Opportunities Fund | Global Allocation | 40 | 14.37% | — | Sep 1996 | PDAVX vs CVLOX | |
| Leuthold Global Fund | Global Allocation | 86 | 13.03% | — | Apr 2008 | PDAVX vs GLBIX |
Compare PDAVX with Any Fund or Stock
Compare PDAVX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PDAVX with funds that move differently
PineBridge Dynamic Asset Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PDAVX.
Explore PDAVX Diversifiers