T. Rowe Price Global Allocation Fund (RPGAX) 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 RPGAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RPGAX
RPGAX charges 1.01% annually. There are 49 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 | RPGAX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | RPGAX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | RPGAX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | RPGAX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | RPGAX vs JNSMX |
Best Risk-Adjusted Alternatives to RPGAX
RPGAX has a PortfoliosLab risk / return rank of 70. There are 39 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 | RPGAX vs TIBAX | |
| GMO Benchmark-Free Fund | 97 | — | Jun 2011 | RPGAX vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 97 | — | Jul 2003 | RPGAX vs GBMFX | |
| GMO Implementation Fund | 97 | — | Feb 2012 | RPGAX vs GIMFX | |
| Principal Diversified Select Real Asset Fund | 97 | — | Jul 2019 | RPGAX vs PDSYX |
Top Performing RPGAX Alternatives (YTD)
RPGAX is at 7.14% YTD. There are 53 mutual funds in the Global Allocation category with higher YTD returns, going as high as 17.63%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 17.63% | — | Dec 2002 | RPGAX vs TIBAX | |
| Wilmington Real Asset Fund | 17.01% | — | Jun 2003 | RPGAX vs WMRIX | |
| Calamos Global Dynamic Income Fund | 16.29% | — | Jun 2007 | RPGAX vs CHW | |
| Calamos Global Total Return Fund | 15.69% | — | Oct 2005 | RPGAX vs CGO | |
| GMO Implementation Fund | 15.19% | — | Feb 2012 | RPGAX vs GIMFX |
Lowest Volatility Alternatives to RPGAX
RPGAX has 8.60% 1-year volatility. There are 26 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.02%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.02% | — | Jul 2019 | RPGAX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.43% | — | Dec 2017 | RPGAX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.75% | — | Mar 2011 | RPGAX vs LFMIX | |
| Nuveen Real Asset Income Fund | 5.82% | — | Sep 2011 | RPGAX vs NRIIX | |
| Pioneer Multi-Asset Income Fund | 5.96% | — | Dec 2011 | RPGAX vs PMFYX |
Lowest Drawdown Alternatives to RPGAX
RPGAX has a 1-year max drawdown of -6.75%. There are 37 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 | RPGAX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -3.48% | — | Mar 2011 | RPGAX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | RPGAX vs PFADX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | RPGAX vs PMFYX | |
| Morningstar Global Income Fund | -4.38% | — | Nov 2018 | RPGAX vs MSTGX |
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 | RPGAX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 43 | 5.93% | — | Jun 1986 | RPGAX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 77 | 11.24% | — | Dec 1992 | RPGAX vs PRDGX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 8 | -3.25% | — | — | RPGAX vs TBCIX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 56 | 9.19% | — | Nov 1994 | RPGAX vs PRCOX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 62 | 9.23% | — | Mar 1990 | RPGAX vs PREIX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 11 | -1.10% | — | Sep 1985 | RPGAX vs PRWAX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 11 | 0.26% | — | Oct 2001 | RPGAX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 42 | 19.55% | — | Sep 1987 | RPGAX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 34 | 8.47% | — | Feb 2004 | RPGAX vs TRRJX |
Often Compared With RPGAX
Investors most often compare RPGAX with VGWAX, TOUS, VHGEX. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare RPGAX with Any Fund or Stock
Compare RPGAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RPGAX with funds that move differently
T. Rowe Price Global Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RPGAX.
Explore RPGAX Diversifiers