1290 DoubleLine Dynamic Allocation Fund (TNVDX) 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 TNVDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TNVDX
TNVDX charges 1.27% annually. There are 483 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 | TNVDX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | TNVDX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | TNVDX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 64.10B | Dec 2000 | TNVDX vs VBAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | TNVDX vs VTMFX |
Best Risk-Adjusted Alternatives to TNVDX
TNVDX has a PortfoliosLab risk / return rank of 62. There are 246 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 | TNVDX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 97 | — | Dec 2002 | TNVDX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | TNVDX vs NWQIX | |
| Pioneer Balanced ESG Fund | 94 | — | Dec 1991 | TNVDX vs AYBLX | |
| Victory Pioneer Balanced Fund Class A | 94 | — | Dec 1991 | TNVDX vs AOBLX |
Top Performing TNVDX Alternatives (YTD)
TNVDX is at 5.12% YTD. There are 384 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 33.29%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 33.29% | — | Jan 1998 | TNVDX vs EKBAX | |
| Greenspring Fund | 20.03% | — | Jun 1983 | TNVDX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 18.01% | — | Aug 1998 | TNVDX vs MHELX | |
| ICON Equity Income Fund | 16.48% | — | May 2004 | TNVDX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 15.32% | — | Dec 2002 | TNVDX vs TIBIX |
Lowest Volatility Alternatives to TNVDX
TNVDX has 5.93% 1-year volatility. There are 98 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 | TNVDX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.84% | — | Nov 2003 | TNVDX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.87% | — | Apr 2012 | TNVDX vs SCLAX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | TNVDX vs AVEFX | |
| American Funds College 2027 Fund | 3.10% | — | Sep 2012 | TNVDX vs CSTAX |
Lowest Drawdown Alternatives to TNVDX
TNVDX has a 1-year max drawdown of -5.48%. There are 170 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 | TNVDX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | TNVDX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | TNVDX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | TNVDX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | TNVDX vs CSTAX |
Other Mutual Funds from 1290 Funds
The 7 most viewed 1290 Funds mutual funds shown here include TNVIX, TNHIX, TNMIX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| 1290 GAMCO Small/Mid Cap Value Fund | Small Cap Blend Equities | 58 | 18.04% | — | Nov 2014 | TNVDX vs TNVIX | |
| 1290 High Yield Bond Fund | High Yield Bonds | 63 | 1.54% | — | Nov 2014 | TNVDX vs TNHIX | |
| 1290 Multi-Alternative Strategies Fund | Multistrategy | 85 | 8.72% | — | Jul 2015 | TNVDX vs TNMIX | |
| 1290 Retirement 2060 Fund | Target Retirement Date | 30 | 7.58% | — | Feb 2017 | TNVDX vs TNXIX | |
| 1290 Loomis Sayles Multi-Asset Income Fund Class A | Diversified Portfolio | 59 | 4.89% | — | Mar 2016 | TNVDX vs TNXAX | |
| 1290 Diversified Bond Fund | Intermediate Core-Plus Bond | 43 | 3.25% | — | Jul 2015 | TNVDX vs TNUIX | |
| 1290 SmartBeta Equity Fund | Global Equities | 29 | 4.70% | — | Nov 2014 | TNVDX vs TNBIX |
Often Compared With TNVDX
Investors most often compare TNVDX with BERIX, PMAIX, CONWX. These 18 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare TNVDX with Any Fund or Stock
Compare TNVDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TNVDX with funds that move differently
1290 DoubleLine Dynamic Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TNVDX.
Explore TNVDX Diversifiers