CADUX Alternatives & Similar Mutual Funds

CION Ares Diversified Credit Fund Class I (CADUX) 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 CADUX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to CADUX

Among 95 mutual funds in the Multisector Bonds category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.05%.

Symbol	Name	Expense Ratio	AUM	Inception
DBSCX	Doubleline Selective Credit Fund	0.05%	—	Aug 2014	CADUX vs DBSCX
VMSAX	Vanguard Multi-Sector Income Bond Fund Admiral Sha...	0.30%	—	Oct 2021	CADUX vs VMSAX
JMSIX	JPMorgan Income Fund Class I	0.40%	—	Jun 2014	CADUX vs JMSIX
BWDTX	Boyd Watterson Limited Duration Enhanced Income Fu...	0.40%	—	Jul 2016	CADUX vs BWDTX
MOFIX	Mercer Opportunistic Fixed Income Fund	0.44%	—	Aug 2013	CADUX vs MOFIX

Best Risk-Adjusted Alternatives to CADUX

CADUX has a PortfoliosLab risk / return rank of 23. There are 65 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
NWXHX	Nationwide Amundi Strategic Income Fund	99	—	Nov 2015	CADUX vs NWXHX
NWXEX	Nationwide Strategic Income A	99	—	Nov 2015	CADUX vs NWXEX
RFXIX	Rational Special Situations Income Fund	98	—	Jul 2019	CADUX vs RFXIX
BWDTX	Boyd Watterson Limited Duration Enhanced Income Fu...	98	—	Jul 2016	CADUX vs BWDTX
ODIDX	Oaktree Diversified Income Fund Inc. Class D	98	—	Nov 2021	CADUX vs ODIDX

Top Performing CADUX Alternatives (YTD)

CADUX is at -0.76% YTD. There are 82 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.37%.

Symbol	Name	YTD Return	AUM	Inception
BRW	Saba Capital Income & Opportunities Fund	3.37%	—	Dec 1987	CADUX vs BRW
LFLIX	BrandywineGLOBAL - Flexible Bond Fund	2.86%	—	May 2016	CADUX vs LFLIX
NWXHX	Nationwide Amundi Strategic Income Fund	2.67%	—	Nov 2015	CADUX vs NWXHX
ACP	abrdn Income Credit Strategies Fund	2.65%	—	Jan 2011	CADUX vs ACP
NWXEX	Nationwide Strategic Income A	2.60%	—	Nov 2015	CADUX vs NWXEX

Lowest Volatility Alternatives to CADUX

CADUX has 2.93% 1-year volatility. There are 35 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.17%.

Symbol	Name	Volatility 1Y	AUM	Inception
NWXHX	Nationwide Amundi Strategic Income Fund	1.17%	—	Nov 2015	CADUX vs NWXHX
NWXEX	Nationwide Strategic Income A	1.24%	—	Nov 2015	CADUX vs NWXEX
BWDTX	Boyd Watterson Limited Duration Enhanced Income Fu...	1.31%	—	Jul 2016	CADUX vs BWDTX
RFXIX	Rational Special Situations Income Fund	1.39%	—	Jul 2019	CADUX vs RFXIX
ODIDX	Oaktree Diversified Income Fund Inc. Class D	1.47%	—	Nov 2021	CADUX vs ODIDX

Lowest Drawdown Alternatives to CADUX

CADUX has a 1-year max drawdown of -2.47%. There are 32 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
NWXHX	Nationwide Amundi Strategic Income Fund	-0.41%	—	Nov 2015	CADUX vs NWXHX
NWXEX	Nationwide Strategic Income A	-0.43%	—	Nov 2015	CADUX vs NWXEX
RFXIX	Rational Special Situations Income Fund	-0.72%	—	Jul 2019	CADUX vs RFXIX
CBLDX	CrossingBridge Low Duration High Yield Fund	-0.73%	—	Jan 2018	CADUX vs CBLDX
BWDTX	Boyd Watterson Limited Duration Enhanced Income Fu...	-1.00%	—	Jul 2016	CADUX vs BWDTX

Often Compared With CADUX

Investors most often compare CADUX with CBRDX, MZLSX, CRMVX. These 17 comparison targets span 5 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CBRDX	CrossingBridge Responsible Credit Fund	Multisector Bonds	22	-0.01%	—	Jun 2021	CADUX vs CBRDX
MZLSX	Muzinich Low Duration Fund	Multisector Bonds	90	1.52%	—	Jun 2016	CADUX vs MZLSX
CRMVX	Potomac Managed Volatility Fund	Multisector Bonds	34	1.01%	—	Jun 2020	CADUX vs CRMVX
AXSIX	Axonic Strategic Income Fund	Multisector Bonds	92	1.73%	—	Dec 2019	CADUX vs AXSIX
AGG	iShares Core U.S. Aggregate Bond ETF	Total Bond Market	24	-0.33%	137.11B	Sep 2003	CADUX vs AGG
JSVIX	Easterly Income Opportunities Fund	Multisector Bonds	80	0.42%	—	Aug 2018	CADUX vs JSVIX
BWG	BrandywineGLOBAL Global Income Opportunities Fund	Multisector Bonds	7	-0.86%	—	Mar 2012	CADUX vs BWG
ANGLX	Angel Oak Multi-Strategy Income Fund	Multisector Bonds	94	1.82%	—	Jun 2011	CADUX vs ANGLX
ECSIX	Eaton Vance Short Duration Strategic Income Fund	Multisector Bonds	88	1.84%	—	May 1994	CADUX vs ECSIX
ETSIX	Eaton Vance Strategic Income Fund Class I	Multisector Bonds	91	2.30%	—	Jan 1998	CADUX vs ETSIX
ESIIX	Eaton Vance Strategic Income Fund Class I	Multisector Bonds	93	2.33%	—	Apr 2009	CADUX vs ESIIX
WDI	Western Asset Diversified Income Fund	Multisector Bonds	3	0.85%	—	Jun 2021	CADUX vs WDI
ADVNX	North Square Strategic Income Fund	Multisector Bonds	63	0.46%	—	Dec 2012	CADUX vs ADVNX
RPSIX	T. Rowe Price Spectrum Income Fund	Multisector Bonds	63	0.56%	—	Jun 1990	CADUX vs RPSIX
ICMUX	Intrepid Income Fund	Multisector Bonds, High Yield Bonds, Actively Managed	96	2.16%	—	Aug 2010	CADUX vs ICMUX
LCRDX	Lord Abbett Credit Opportunities Fund	Multisector Bonds	11	0.81%	—	Feb 2019	CADUX vs LCRDX
SPY	State Street SPDR S&P 500 ETF	S&P 500	78	11.70%	789.06B	Jan 1993	CADUX vs SPY

Compare CADUX with Any Fund or Stock

Compare CADUX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair CADUX with funds that move differently

CION Ares Diversified Credit Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CADUX.

Explore CADUX Diversifiers

CION Ares Diversified Credit Fund Class I (CADUX) Alternatives