T. Rowe Price Balanced Fund I Class (RBAIX) 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 RBAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RBAIX
RBAIX charges 0.47% annually. There are 174 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 | RBAIX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | RBAIX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | RBAIX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | RBAIX vs VBAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | RBAIX vs FYMIX |
Best Risk-Adjusted Alternatives to RBAIX
RBAIX has a PortfoliosLab risk / return rank of 59. There are 307 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 | RBAIX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | RBAIX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | RBAIX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | RBAIX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | RBAIX vs FSRRX |
Top Performing RBAIX Alternatives (YTD)
RBAIX is at 6.15% YTD. There are 281 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.12% | — | Jan 1998 | RBAIX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | RBAIX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | RBAIX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | RBAIX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | RBAIX vs BRUFX |
Lowest Volatility Alternatives to RBAIX
RBAIX has 9.00% 1-year volatility. There are 287 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 | RBAIX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | RBAIX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | RBAIX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | RBAIX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | RBAIX vs CSTAX |
Lowest Drawdown Alternatives to RBAIX
RBAIX has a 1-year max drawdown of -7.11%. There are 358 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 | RBAIX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | RBAIX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | RBAIX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | RBAIX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | RBAIX vs CSTAX |
Other Mutual Funds from T. Rowe Price
The 10 most viewed T. Rowe Price mutual funds shown here include TRBCX, PRWCX, PRDGX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Blue Chip Growth Fund | Large Cap Growth Equities | 8 | -3.32% | — | Jun 1993 | RBAIX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 43 | 5.93% | — | Jun 1986 | RBAIX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 77 | 11.24% | — | Dec 1992 | RBAIX vs PRDGX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 8 | -3.25% | — | — | RBAIX vs TBCIX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 56 | 9.19% | — | Nov 1994 | RBAIX vs PRCOX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 62 | 9.23% | — | Mar 1990 | RBAIX vs PREIX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 11 | -1.10% | — | Sep 1985 | RBAIX vs PRWAX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 11 | 0.26% | — | Oct 2001 | RBAIX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 42 | 19.55% | — | Sep 1987 | RBAIX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 34 | 8.47% | — | Feb 2004 | RBAIX vs TRRJX |
Often Compared With RBAIX
Investors most often compare RBAIX with FBALX, BWBIX, PMAIX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare RBAIX with Any Fund or Stock
Compare RBAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RBAIX with funds that move differently
T. Rowe Price Balanced Fund I Class alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RBAIX.
Explore RBAIX Diversifiers