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 102 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 | |
| Schwab Short-Term Bond Index Fund | 0.06% | — | Feb 2017 | ALDAX vs SWSBX | |
| TIAA-CREF Short-Term Bond Index Fund | 0.09% | — | Aug 2015 | ALDAX vs TNSHX | |
| Vanguard Short-Term Bond Index Fund | 0.15% | — | Mar 1994 | ALDAX vs VBISX |
Best Risk-Adjusted Alternatives to ALDAX
ALDAX has a PortfoliosLab risk / return rank of 46. There are 107 mutual funds in the Short-Term Bond category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Diamond Hill Short Duration Securitized Bond Fund ... | 99 | — | Jul 2016 | ALDAX vs DHEIX | |
| GuidepathConservative Income Fund | 99 | — | Apr 2018 | ALDAX vs GPICX | |
| DFA Short-Duration Real Return Portfolio | 99 | — | Nov 2013 | ALDAX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 99 | — | Jul 2016 | ALDAX vs DHEAX | |
| DoubleLine Low Duration Bond Fund | 97 | — | Sep 2011 | ALDAX vs DBLSX |
Top Performing ALDAX Alternatives (YTD)
ALDAX is at 0.38% YTD. There are 104 mutual funds in the Short-Term Bond category with higher YTD returns, going as high as 9.75%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Absolute Return Allocation Fund | 9.75% | — | Apr 2011 | ALDAX vs GPARX | |
| Leader Short Term High Yield Bond Fund | 3.76% | — | Jul 2005 | ALDAX vs LCCMX | |
| DFA Short-Duration Real Return Portfolio | 2.57% | — | Nov 2013 | ALDAX vs DFAIX | |
| Holbrook Income Fund | 2.12% | — | Jul 2016 | ALDAX vs HOBEX | |
| BlackRock Allocation Target Shares Series A Portfo... | 1.98% | — | Sep 2015 | ALDAX vs BATAX |
Lowest Volatility Alternatives to ALDAX
ALDAX has 2.15% 1-year volatility. There are 87 mutual funds in the Short-Term Bond category with lower 1-year volatility, going as low as 0.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidepathConservative Income Fund | 0.83% | — | Apr 2018 | ALDAX vs GPICX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 1.06% | — | Jul 2016 | ALDAX vs DHEIX | |
| DFA Short-Term Extended Quality Portfolio | 1.08% | — | Mar 2009 | ALDAX vs DFEQX | |
| DFA Short-Duration Real Return Portfolio | 1.10% | — | Nov 2013 | ALDAX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 1.11% | — | Jul 2016 | ALDAX vs DHEAX |
Lowest Drawdown Alternatives to ALDAX
ALDAX has a 1-year max drawdown of -1.59%. There are 97 mutual funds in the Short-Term Bond category with shallower 1-year drawdowns, going as shallow as -0.25%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| 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 | |
| Holbrook Income Fund | -0.61% | — | Jul 2016 | ALDAX vs HOBEX |
Other Mutual Funds from Columbia
The 10 most viewed Columbia mutual funds shown here include SLMCX, GSFTX, CDDYX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Columbia Seligman Technology and Information Fund | Technology Equities | 96 | 56.94% | — | Jun 1983 | ALDAX vs SLMCX | |
| Columbia Dividend Income Fund | Large Cap Value Equities | 75 | 8.76% | — | Mar 1998 | ALDAX vs GSFTX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | Large Cap Value Equities, Dividend | 75 | 8.83% | — | Nov 2012 | ALDAX vs CDDYX | |
| Columbia Dividend Income Fund Class A | Large Cap Value Equities | 73 | 8.67% | — | Nov 2002 | ALDAX vs LBSAX | |
| Columbia Seligman Global Technology Fund | Technology Equities | 96 | 56.52% | — | May 1994 | ALDAX vs SHGTX | |
| Columbia Global Technology Growth Fund Class A | Technology Equities, Large Cap Growth Equities | 78 | 29.12% | — | Nov 2000 | ALDAX vs CTCAX | |
| Columbia Global Technology Growth Fund | Technology Equities | 79 | 29.25% | — | Nov 2000 | ALDAX vs CMTFX | |
| Columbia Contrarian Core Fund | Large Cap Blend Equities | 55 | 9.95% | — | Dec 1992 | ALDAX vs SMGIX | |
| Columbia Balanced Fund | Diversified Portfolio | 59 | 6.51% | — | Sep 1991 | ALDAX vs CBALX | |
| Columbia Overseas Value Fund | Foreign Large Cap Equities | 44 | 6.76% | — | Mar 2008 | ALDAX vs COSZX |
Often Compared With ALDAX
Investors most often compare ALDAX with SNSAX, DLDFX. These 2 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Fund | Short-Term Bond | 89 | 1.86% | — | Nov 2003 | ALDAX vs SNSAX | |
| Destinations Low Duration Fixed Income Fund | Short-Term Bond | 95 | 1.72% | — | Mar 2017 | ALDAX vs DLDFX |
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