Columbia Limited Duration Credit Fund (ALDAX) belongs to the Short-Term Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ALDAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ALDAX
ALDAX charges 0.76% annually. There are 106 mutual funds in the Short-Term Bond category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Institutional Intermediate-Term Bond Fund | 0.02% | — | Jun 2015 | ALDAX vs VIITX | |
| Vanguard Institutional Short-Term Bond Fund | 0.02% | — | Jun 2015 | ALDAX vs VISTX | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | ALDAX vs FUMBX | |
| Vanguard Short-Term Bond Index Fund Admiral Shares | 0.06% | 69.90B | Nov 2001 | ALDAX vs VBIRX | |
| Schwab Short-Term Bond Index Fund | 0.06% | — | Feb 2017 | ALDAX vs SWSBX |
Best Risk-Adjusted Alternatives to ALDAX
ALDAX has a PortfoliosLab risk / return rank of 26. There are 121 mutual funds in the Short-Term Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | 100 | — | Jun 1996 | ALDAX vs DFCFX | |
| GuidepathConservative Income Fund | 99 | — | Apr 2018 | ALDAX vs GPICX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 99 | — | Jul 2016 | ALDAX vs DHEIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 99 | — | Jul 2016 | ALDAX vs DHEAX | |
| Destinations Low Duration Fixed Income Fund | 98 | — | Mar 2017 | ALDAX vs DLDFX |
Top Performing ALDAX Alternatives (YTD)
ALDAX is at 0.08% YTD. There are 123 mutual funds in the Short-Term Bond category with higher YTD returns, going as high as 7.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Absolute Return Allocation Fund | 7.99% | — | Apr 2011 | ALDAX vs GPARX | |
| Leader Short Term High Yield Bond Fund | 3.90% | — | Jul 2005 | ALDAX vs LCCMX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 2.50% | — | Jul 2016 | ALDAX vs DHEIX | |
| DFA Short-Duration Real Return Portfolio | 2.38% | — | Nov 2013 | ALDAX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 2.33% | — | Jul 2016 | ALDAX vs DHEAX |
Lowest Volatility Alternatives to ALDAX
ALDAX has 2.08% 1-year volatility. There are 85 mutual funds in the Short-Term Bond category with lower 1-year volatility, going as low as 0.73%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | 0.73% | — | Jun 1996 | ALDAX vs DFCFX | |
| GuidepathConservative Income Fund | 0.79% | — | Apr 2018 | ALDAX vs GPICX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 1.04% | — | Jul 2016 | ALDAX vs DHEIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 1.09% | — | Jul 2016 | ALDAX vs DHEAX | |
| DFA Short-Term Extended Quality Portfolio | 1.14% | — | Mar 2009 | ALDAX vs DFEQX |
Lowest Drawdown Alternatives to ALDAX
ALDAX has a 1-year max drawdown of -1.59%. There are 102 mutual funds in the Short-Term Bond category with shallower 1-year drawdowns, going as shallow as -0.21%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | -0.21% | — | Jun 1996 | ALDAX vs DFCFX | |
| GuidepathConservative Income Fund | -0.25% | — | Apr 2018 | ALDAX vs GPICX | |
| DFA Short-Duration Real Return Portfolio | -0.47% | — | Nov 2013 | ALDAX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | -0.50% | — | Jul 2016 | ALDAX vs DHEIX | |
| Diamond Hill Short Duration Securitized Bond Fund | -0.50% | — | Jul 2016 | ALDAX vs DHEAX |
Other Mutual Funds from Columbia
The 10 most viewed Columbia mutual funds shown here include SLMCX, STK, CDDYX and span 9 categories.
Often Compared With ALDAX
Investors most often compare ALDAX with TNSHX, VBISX, HOBEX. These 8 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| TIAA-CREF Short-Term Bond Index Fund | Short-Term Bond | 60 | 0.63% | — | Aug 2015 | ALDAX vs TNSHX | |
| Vanguard Short-Term Bond Index Fund | Short-Term Bond | 25 | 0.10% | — | Mar 1994 | ALDAX vs VBISX | |
| Holbrook Income Fund | Short-Term Bond | 96 | 1.98% | — | Jul 2016 | ALDAX vs HOBEX | |
| SEI Asset Allocation Trust Defensive Strategy Fund | Short-Term Bond | 93 | 2.33% | — | Nov 2003 | ALDAX vs SNSAX | |
| Columbia Dividend Income Fund Institutional Class | Large Cap Value Equities | 93 | 12.39% | — | Mar 1998 | ALDAX vs GSFTX | |
| DoubleLine Low Duration Bond Fund | Short-Term Bond | 95 | 1.13% | — | Sep 2011 | ALDAX vs DBLSX | |
| BlackRock Allocation Target Shares Series A Portfo... | Short-Term Bond | 97 | 2.11% | — | Sep 2015 | ALDAX vs BATAX | |
| DoubleLine Low Duration Bond Fund Class N | Short-Term Bond | 93 | 1.01% | — | Sep 2011 | ALDAX vs DLSNX |
Compare ALDAX with Any Fund or Stock
Compare ALDAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ALDAX with funds that move differently
Columbia Limited Duration Credit Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ALDAX.
Explore ALDAX Diversifiers