Pioneer Solutions - Balanced Fund (PIALX) 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 PIALX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PIALX
PIALX charges 0.44% annually. There are 11 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 | PIALX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | PIALX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | PIALX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | PIALX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | PIALX vs JNSMX |
Best Risk-Adjusted Alternatives to PIALX
PIALX has a PortfoliosLab risk / return rank of 83. There are 15 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 | PIALX vs TIBAX | |
| GMO Benchmark-Free Fund | 95 | — | Jun 2011 | PIALX vs GBFFX | |
| GMO Implementation Fund | 95 | — | Feb 2012 | PIALX vs GIMFX | |
| GMO Benchmark-Free Allocation Fund | 95 | — | Jul 2003 | PIALX vs GBMFX | |
| SA Worldwide Moderate Growth Fund | 93 | — | Jun 2015 | PIALX vs SAWMX |
Top Performing PIALX Alternatives (YTD)
PIALX is at 6.90% YTD. There are 51 mutual funds in the Global Allocation category with higher YTD returns, going as high as 24.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Total Return Fund | 24.25% | — | Oct 2005 | PIALX vs CGO | |
| Calamos Global Dynamic Income Fund | 22.87% | — | Jun 2007 | PIALX vs CHW | |
| Calamos Global Opportunities Fund | 18.19% | — | Sep 1996 | PIALX vs CVLOX | |
| Thornburg Investment Income Builder Fund | 17.44% | — | Dec 2002 | PIALX vs TIBAX | |
| Leuthold Global Fund | 15.78% | — | Apr 2008 | PIALX vs GLBIX |
Lowest Volatility Alternatives to PIALX
PIALX has 7.22% 1-year volatility. There are 12 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.03% | — | Jul 2019 | PIALX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.45% | — | Dec 2017 | PIALX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.69% | — | Mar 2011 | PIALX vs LFMIX | |
| Pioneer Multi-Asset Income Fund | 5.92% | — | Dec 2011 | PIALX vs PMFYX | |
| Nuveen Real Asset Income Fund | 5.92% | — | Sep 2011 | PIALX vs NRIIX |
Lowest Drawdown Alternatives to PIALX
PIALX has a 1-year max drawdown of -5.57%. There are 15 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 | PIALX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | PIALX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | PIALX vs PFADX | |
| Allspring Absolute Return Fund | -3.81% | — | Feb 2012 | PIALX vs WARAX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | PIALX vs PMFYX |
Other Mutual Funds from Amundi
The 10 most viewed Amundi mutual funds shown here include PIODX, PMAIX, XILSX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Pioneer Fund | Large Cap Blend Equities | 57 | 10.70% | — | Feb 1928 | PIALX vs PIODX | |
| Pioneer Multi-Asset Income Fund A | Diversified Portfolio, Dividend | 78 | 4.51% | — | Dec 2011 | PIALX vs PMAIX | |
| Pioneer ILS Interval Fund | High Yield Bonds | 100 | 8.39% | — | Dec 2014 | PIALX vs XILSX | |
| Pioneer Core Equity Fund | Large Cap Blend Equities | 49 | 9.15% | — | Nov 1999 | PIALX vs PIOTX | |
| Pioneer Disciplined Growth Fund | Large Cap Growth Equities | 29 | 7.91% | — | Dec 2005 | PIALX vs PINDX | |
| Pioneer Fundamental Growth Fund | Large Cap Growth Equities | 14 | 3.43% | — | Aug 2002 | PIALX vs PIGFX | |
| Pioneer Multi-Asset Ultrashort Income Fund | Ultrashort Bond | 98 | 1.62% | — | Apr 2011 | PIALX vs MYFRX | |
| Pioneer Securitized Income Fund | Nontraditional Bonds | 70 | 1.72% | — | Dec 2019 | PIALX vs SYFFX | |
| Pioneer Global Sustainable Equity Fund Class A | Global Equities, Sustainable | 84 | 14.57% | — | Dec 2005 | PIALX vs GLOSX | |
| Pioneer Mid Cap Value Fund | Mid Cap Value Equities | 68 | 15.05% | — | Jul 1990 | PIALX vs PCGRX |
Often Compared With PIALX
Investors most often compare PIALX with GSBFX, MHEIX, DPREX. These 9 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Income Builder Fund | Diversified Portfolio | 77 | 5.76% | — | Oct 1994 | PIALX vs GSBFX | |
| MH Elite Income Fund of Funds | Global Allocation | 30 | 2.09% | — | Aug 2011 | PIALX vs MHEIX | |
| Delaware Global Listed Real Assets Fund | Global Allocation | 69 | 6.57% | — | Dec 1995 | PIALX vs DPREX | |
| Wilmington Real Asset Fund | Global Allocation | 49 | 11.89% | — | Jun 2003 | PIALX vs WMRIX | |
| Hartford Real Asset Fund | Global Allocation | 88 | 9.75% | — | May 2010 | PIALX vs HRLYX | |
| Principal Diversified Real Asset Fund | Global Allocation | 58 | 10.40% | — | Mar 2010 | PIALX vs PDRDX | |
| Lazard Real Assets Portfolio | Global Allocation | 63 | 10.69% | — | Dec 2016 | PIALX vs RALIX | |
| Cohen & Steers Real Assets Fund Inc | Global Allocation | 26 | 10.45% | — | Jan 2012 | PIALX vs RAPZX | |
| Pioneer High Income Municipal Fund | High Yield Muni | 7 | 1.33% | — | Oct 2006 | PIALX vs HIMYX |
Compare PIALX with Any Fund or Stock
Compare PIALX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PIALX with funds that move differently
Pioneer Solutions - Balanced Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PIALX.
Explore PIALX Diversifiers