George Putnam Balanced Fund (PGEOX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PGEOX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PGEOX
PGEOX charges 0.94% annually. There are 386 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | PGEOX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | PGEOX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | PGEOX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 64.10B | Dec 2000 | PGEOX vs VBAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | PGEOX vs BWBIX |
Best Risk-Adjusted Alternatives to PGEOX
PGEOX has a PortfoliosLab risk / return rank of 78. There are 74 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | PGEOX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 97 | — | Dec 2002 | PGEOX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | PGEOX vs NWQIX | |
| Federated Hermes Municipal and Stock Advantage Fun... | 93 | — | Sep 2003 | PGEOX vs FMUAX | |
| Pioneer Balanced ESG Fund | 93 | — | Dec 1991 | PGEOX vs AYBLX |
Top Performing PGEOX Alternatives (YTD)
PGEOX is at 7.70% YTD. There are 198 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 31.90%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 31.90% | — | Jan 1998 | PGEOX vs EKBAX | |
| Greenspring Fund | 19.62% | — | Jun 1983 | PGEOX vs GRSPX | |
| ICON Equity Income Fund | 18.26% | — | May 2004 | PGEOX vs IOEZX | |
| MH Elite Small Cap Fund of Funds Fund | 18.12% | — | Aug 1998 | PGEOX vs MHELX | |
| Thornburg Investment Income Builder Fund Class I | 16.39% | — | Dec 2002 | PGEOX vs TIBIX |
Lowest Volatility Alternatives to PGEOX
PGEOX has 8.61% 1-year volatility. There are 263 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | PGEOX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.82% | — | Nov 2003 | PGEOX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.87% | — | Apr 2012 | PGEOX vs SCLAX | |
| Ave Maria Bond Fund | 2.98% | — | Apr 2003 | PGEOX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | PGEOX vs CSTAX |
Lowest Drawdown Alternatives to PGEOX
PGEOX has a 1-year max drawdown of -5.72%. There are 193 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | PGEOX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | PGEOX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | PGEOX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | PGEOX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | PGEOX vs CSTAX |
Other Mutual Funds from Putnam
The 10 most viewed Putnam mutual funds shown here include PEYAX, PEQSX, PEIYX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Putnam Large Cap Value Fund | Large Cap Value Equities | 83 | 11.74% | — | Jun 1977 | PGEOX vs PEYAX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 84 | 11.92% | — | Jul 2012 | PGEOX vs PEQSX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 84 | 11.89% | — | Jan 1998 | PGEOX vs PEIYX | |
| Putnam Growth Opportunities Fund | Large Cap Growth Equities | 14 | 4.74% | — | Oct 1995 | PGEOX vs POGAX | |
| Putnam Global Technology Fund | Technology Equities | 70 | 31.41% | — | Dec 2008 | PGEOX vs PGTYX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 22 | 4.50% | — | Aug 1990 | PGEOX vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 49 | 8.07% | — | Sep 2010 | PGEOX vs PMYYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 15 | 4.87% | — | Aug 1999 | PGEOX vs PGOYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 99 | 1.78% | — | Oct 2011 | PGEOX vs PSDYX | |
| Putnam Small Cap Growth Fund | Small Cap Growth Equities | 29 | 19.53% | — | Dec 1997 | PGEOX vs PNSAX |
Often Compared With PGEOX
Investors most often compare PGEOX with CBALX, TIBAX, PTLC. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare PGEOX with Any Fund or Stock
Compare PGEOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PGEOX with funds that move differently
George Putnam Balanced Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PGEOX.
Explore PGEOX Diversifiers