Axonic Strategic Income Fund (AXSIX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with AXSIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AXSIX
AXSIX charges 1.00% annually. There are 61 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | AXSIX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | AXSIX vs VMSAX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | AXSIX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | AXSIX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | AXSIX vs MOFIX |
Best Risk-Adjusted Alternatives to AXSIX
AXSIX has a PortfoliosLab risk / return rank of 93. There are 9 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | AXSIX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | AXSIX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | AXSIX vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | AXSIX vs RFXIX | |
| Intrepid Income Fund | 97 | — | Jul 2007 | AXSIX vs ICMUX |
Top Performing AXSIX Alternatives (YTD)
AXSIX is at 2.31% YTD. There are 11 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 4.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 4.57% | — | Jan 2011 | AXSIX vs ACP | |
| Western Asset Diversified Income Fund | 4.16% | — | Jun 2021 | AXSIX vs WDI | |
| Saba Capital Income & Opportunities Fund | 3.52% | — | Dec 1987 | AXSIX vs BRW | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.40% | — | May 2016 | AXSIX vs LFLIX | |
| Intrepid Income Fund | 2.85% | — | Jul 2007 | AXSIX vs ICMUX |
Lowest Volatility Alternatives to AXSIX
AXSIX has 2.38% 1-year volatility. There are 15 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.18% | — | Nov 2015 | AXSIX vs NWXHX | |
| Nationwide Strategic Income A | 1.22% | — | Nov 2015 | AXSIX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.30% | — | Jul 2016 | AXSIX vs BWDTX | |
| Rational Special Situations Income Fund | 1.40% | — | Jul 2019 | AXSIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 1.41% | — | Jan 2018 | AXSIX vs CBLDX |
Lowest Drawdown Alternatives to AXSIX
AXSIX has a 1-year max drawdown of -1.22%. There are 5 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | AXSIX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | AXSIX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | AXSIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | AXSIX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | AXSIX vs BWDTX |
Often Compared With AXSIX
Investors most often compare AXSIX with MFHVX, RCTRX, RCTIX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare AXSIX with Any Fund or Stock
Compare AXSIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AXSIX with funds that move differently
Axonic Strategic Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AXSIX.
Explore AXSIX Diversifiers