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Best Moderate funds

Ranking of the top 20 Moderate funds (Mixed) by composite score (risk-adjusted return). Updated 04/09/2026.

This page ranks 20 Moderate funds, a subcategory of Mixed, ordered by a composite score that rewards risk-adjusted return and curve stability while penalizing drawdowns. Use it to compare options within the same investment style before exploring each fund's history in the interactive view.

See interactive version →

ℹ️ Methodology: period and indicators

All indicators are computed over the last 3 years of prices, with daily data. The risk-free rate used is 2.0%.

Score formula (risk-adjusted return):

0.15·R² + 0.15·Sortino* + 0.2·DD* + 0.2·CAGR_excess* + 0.1·Volatility_inv* + 0.2·Ulcer_inv*

* Components normalized to the analyzed set of funds (best in set = 1, worst = 0). The drawdown term is 1 − (MaxDD / 30.0%)3, clamped to [0,1]. Volatility and Ulcer are inverted (less = better).

A higher score means better relative behavior within the analyzed set, not an investment recommendation.

🏆 Ranking

#ISINNameScoreTotal Ret.Annual Ret.VolatilitySharpeSortinoMax DrawdownCalmar
1LU1481479811Olea Investment fund clase A0.6560.97022.17%6.88%3.59%1.361.313.50%1.97
2ES0118537002OLEA NEUTRAL FI0.6550.96720.91%6.52%3.43%1.321.303.33%1.96
3ES0131445159Gestion Boutique VIII Global Dynamic Allocation I FI0.6510.94317.78%13.15%6.86%1.621.644.01%3.28
4ES0142630013GPM MIXTO INTERNACIONAL0.6480.96527.84%8.52%5.41%1.201.205.25%1.62
5FR0010135103Carmignac Patrimoine A EUR Acc0.6470.96231.93%9.65%5.66%1.351.365.40%1.79
6LU2794620331Assenagon MultiAsset Balanced (P2)0.6460.96940.77%12.05%6.32%1.591.458.50%1.42
7FR0010306142Carmignac Patrimoine E EUR acc0.6450.95830.45%9.24%5.72%1.271.275.48%1.69
8ES0164282008Momento/Europa FI0.6420.97132.00%9.66%7.11%1.081.036.48%1.49
9LU1127386651ALL MRKT INCOM PORT A ACC EURH0.6360.93531.82%9.61%6.52%1.171.178.27%1.16
10ES0108191000Alhaja Inversiones RV Mixto FI0.6340.93619.56%6.12%5.73%0.720.696.17%0.99
11ES0123549000MARCH CARTERA MODERADA, FI0.6330.91521.63%6.73%4.73%1.000.978.25%0.82
12LU1453542695VALUE TREE BALANCED CAP EUR0.6330.93526.02%7.99%5.51%1.090.999.16%0.87
13LU0740858229JPMorgan Investment Funds - Global Income Fund A (acc) - EUR0.6320.93527.65%8.44%6.66%0.970.898.75%0.96
14LU0740858492JPMorgan Investment Funds - Global Income Fund D (acc) EUR0.6300.92926.30%8.06%6.66%0.910.848.79%0.92
15ES0110407097Gestión Boutique VI Baelo Patrimonio FI0.6290.92427.96%8.55%6.42%1.020.988.30%1.03
16LU0048292808BLI GLOBAL 50 B ACC EUR0.6290.93630.53%9.26%6.59%1.101.057.61%1.22
17LU0161533624Swisscanto (LU) Portfolio Fund Committed Balance (EUR)0.6290.92130.51%9.25%6.45%1.121.099.65%0.96
18ES0162946034Abante Selección FI0.6270.89526.14%8.03%5.49%1.101.079.18%0.88
19LU1241524708BSF MNGD IND MDRAT A2RF AC EUR0.6260.93731.61%9.55%7.53%1.000.9710.45%0.91
20ES0172242002QUALITY CARTERA MODERADA BP FI0.6260.90522.40%6.95%5.64%0.880.828.78%0.79

📊 Compared evolution (base 100)

❓ Frequently asked questions

How is the fund ranking calculated?

Each fund gets a composite score from 0 to 1 that combines risk-adjusted return (excess CAGR and Sortino), curve stability (R² and inverted volatility) and drawdown control (a non-linear penalty plus the Ulcer Index). Funds are then ordered by that score.

What does the score mean for Moderate funds?

A higher score means better relative behavior within the analyzed set: more stable growth and smaller drawdowns for the return achieved. It is a comparison tool, not an investment recommendation.

How often is the data updated?

The ranking is recomputed from daily NAV data each time the site is regenerated. This page was last updated on 04/09/2026.

Is this investment advice?

No. All content is educational and based on historical data. Past performance does not guarantee future results. Consult a licensed advisor before investing.