PIMCO Global Core Asset Allocation Fund (PGAIX) 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 PGAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PGAIX
PGAIX charges 1.00% annually. There are 47 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 | PGAIX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | PGAIX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | PGAIX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | PGAIX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | PGAIX vs JNSMX |
Best Risk-Adjusted Alternatives to PGAIX
PGAIX has a PortfoliosLab risk / return rank of 92. There are 8 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | — | Dec 2002 | PGAIX vs TIBAX | |
| Hartford Real Asset Fund | 97 | — | May 2010 | PGAIX vs HRLYX | |
| GMO Benchmark-Free Fund | 96 | — | Jun 2011 | PGAIX vs GBFFX | |
| GMO Implementation Fund | 95 | — | Feb 2012 | PGAIX vs GIMFX | |
| GMO Benchmark-Free Allocation Fund | 95 | — | Jul 2003 | PGAIX vs GBMFX |
Top Performing PGAIX Alternatives (YTD)
PGAIX is at 12.59% YTD. There are 14 mutual funds in the Global Allocation category with higher YTD returns, going as high as 25.76%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Total Return Fund | 25.76% | — | Oct 2005 | PGAIX vs CGO | |
| Calamos Global Dynamic Income Fund | 25.48% | — | Jun 2007 | PGAIX vs CHW | |
| Calamos Global Opportunities Fund | 19.22% | — | Sep 1996 | PGAIX vs CVLOX | |
| Allspring Absolute Return Fund | 18.69% | — | Feb 2012 | PGAIX vs WARAX | |
| Thornburg Investment Income Builder Fund | 17.92% | — | Dec 2002 | PGAIX vs TIBAX |
Lowest Volatility Alternatives to PGAIX
PGAIX has 8.02% 1-year volatility. There are 25 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 2.98%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 2.98% | — | Jul 2019 | PGAIX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.27% | — | Dec 2017 | PGAIX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.58% | — | Mar 2011 | PGAIX vs LFMIX | |
| Pioneer Multi-Asset Income Fund | 5.66% | — | Dec 2011 | PGAIX vs PMFYX | |
| Nuveen Real Asset Income Fund | 5.77% | — | Sep 2011 | PGAIX vs NRIIX |
Lowest Drawdown Alternatives to PGAIX
PGAIX has a 1-year max drawdown of -7.29%. There are 47 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 | PGAIX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | PGAIX vs LFMIX | |
| Hartford Real Asset Fund | -3.18% | — | May 2010 | PGAIX vs HRLYX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | PGAIX vs PFADX | |
| Wilmington Real Asset Fund | -3.74% | — | Jun 2003 | PGAIX vs WMRIX |
Other Mutual Funds from PIMCO
The 10 most viewed PIMCO mutual funds shown here include PIMIX, PONAX, PTTRX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Income Fund Institutional Class | Total Bond Market | 45 | 1.00% | — | Mar 2007 | PGAIX vs PIMIX | |
| PIMCO Income Fund Class A | Multisector Bonds | 41 | 0.83% | — | Apr 2007 | PGAIX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Total Bond Market | 30 | 0.64% | — | — | PGAIX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 3 | -4.37% | — | Dec 2001 | PGAIX vs PCN | |
| PIMCO Income Fund Class I-2 | Total Bond Market | 44 | 0.96% | — | — | PGAIX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 47 | 10.35% | — | Aug 2007 | PGAIX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 6 | -4.15% | — | Oct 2004 | PGAIX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 9 | 0.12% | — | Dec 1992 | PGAIX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 25 | 9.70% | — | Oct 2003 | PGAIX vs PISIX | |
| PIMCO Commodity Real Return Strategy Fund | Commodities | 75 | 26.86% | — | Jun 2002 | PGAIX vs PCRIX |
Often Compared With PGAIX
Investors most often compare PGAIX with ^SP500TR, MSTGX, PMJIX. These 6 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| S&P 500 Total Return | 79 | 10.89% | — | — | PGAIX vs ^SP500TR | ||
| Morningstar Global Income Fund | Global Allocation | 69 | 6.45% | — | Nov 2018 | PGAIX vs MSTGX | |
| PIMCO RAE US Small Fund | Small Cap Value Equities | 67 | 19.26% | — | Jun 2015 | PGAIX vs PMJIX | |
| Cohen & Steers Real Assets Fund Inc | Global Allocation | 45 | 13.81% | — | Jan 2012 | PGAIX vs RAPZX | |
| MH Elite Income Fund of Funds | Global Allocation | 31 | 2.09% | — | Aug 2011 | PGAIX vs MHEIX | |
| Principal Diversified Real Asset Fund | Global Allocation | 73 | 13.08% | — | Mar 2010 | PGAIX vs PDRDX |
Compare PGAIX with Any Fund or Stock
Compare PGAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PGAIX with funds that move differently
PIMCO Global Core Asset Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PGAIX.
Explore PGAIX Diversifiers