American Funds Income Fund of America Class R-6 (RIDGX) 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 RIDGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RIDGX
RIDGX charges 0.26% annually. There are 9 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Voya Global Advantage and Premium Opportunity Fund | 0.01% | — | Oct 2005 | RIDGX vs IGA | |
| Highland Global Allocation Fund | 0.02% | — | Jan 1998 | RIDGX vs HGLB | |
| Lazard Global Total Return and Income Fund | 0.02% | — | Apr 2004 | RIDGX vs LGI | |
| GMO Implementation Fund | 0.02% | — | Feb 2012 | RIDGX vs GIMFX | |
| Dimensional Multi-Asset Fund | 0.04% | — | Dec 2009 | RIDGX vs DMO |
Best Risk-Adjusted Alternatives to RIDGX
RIDGX has a PortfoliosLab risk / return rank of 48. There are 57 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 | RIDGX vs TIBAX | |
| GMO Benchmark-Free Fund | 95 | — | Jun 2011 | RIDGX vs GBFFX | |
| GMO Implementation Fund | 94 | — | Feb 2012 | RIDGX vs GIMFX | |
| GMO Benchmark-Free Allocation Fund | 94 | — | Jul 2003 | RIDGX vs GBMFX | |
| SA Worldwide Moderate Growth Fund | 93 | — | Jun 2015 | RIDGX vs SAWMX |
Top Performing RIDGX Alternatives (YTD)
RIDGX is at 5.64% YTD. There are 68 mutual funds in the Global Allocation category with higher YTD returns, going as high as 26.70%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Total Return Fund | 26.70% | — | Oct 2005 | RIDGX vs CGO | |
| Calamos Global Dynamic Income Fund | 25.10% | — | Jun 2007 | RIDGX vs CHW | |
| Calamos Global Opportunities Fund | 18.27% | — | Sep 1996 | RIDGX vs CVLOX | |
| Thornburg Investment Income Builder Fund | 17.56% | — | Dec 2002 | RIDGX vs TIBAX | |
| Leuthold Global Fund | 15.15% | — | Apr 2008 | RIDGX vs GLBIX |
Lowest Volatility Alternatives to RIDGX
RIDGX has 7.43% 1-year volatility. There are 17 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 | RIDGX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.44% | — | Dec 2017 | RIDGX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.68% | — | Mar 2011 | RIDGX vs LFMIX | |
| Pioneer Multi-Asset Income Fund | 5.90% | — | Dec 2011 | RIDGX vs PMFYX | |
| Nuveen Real Asset Income Fund | 5.91% | — | Sep 2011 | RIDGX vs NRIIX |
Lowest Drawdown Alternatives to RIDGX
RIDGX has a 1-year max drawdown of -6.09%. There are 26 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 | RIDGX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | RIDGX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | RIDGX vs PFADX | |
| Allspring Absolute Return Fund | -3.81% | — | Feb 2012 | RIDGX vs WARAX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | RIDGX vs PMFYX |
Other Mutual Funds from American Funds
The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.
Often Compared With RIDGX
Investors most often compare RIDGX with VGSTX, FPACX, HRLYX. These 6 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Vanguard STAR Fund | Diversified Portfolio | 53 | 6.04% | 24.10B | Mar 1985 | RIDGX vs VGSTX | |
| FPA Crescent Fund | Diversified Portfolio | 50 | 5.71% | — | Jun 1993 | RIDGX vs FPACX | |
| Hartford Real Asset Fund | Global Allocation | 88 | 9.85% | — | May 2010 | RIDGX vs HRLYX | |
| Vanguard Balanced Index Fund Institutional Shares | Diversified Portfolio | 69 | 6.72% | 64.10B | Dec 2000 | RIDGX vs VBAIX | |
| Wilmington Real Asset Fund | Global Allocation | 47 | 11.89% | — | Jun 2003 | RIDGX vs WMRIX | |
| Cohen & Steers Real Assets Fund Inc | Global Allocation | 24 | 10.26% | — | Jan 2012 | RIDGX vs RAPZX |
Compare RIDGX with Any Fund or Stock
Compare RIDGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RIDGX with funds that move differently
American Funds Income Fund of America Class R-6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RIDGX.
Explore RIDGX Diversifiers