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 90 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 | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | CADUX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | CADUX vs VMSAX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | CADUX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | CADUX vs BWDTX | |
| 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 56. There are 39 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 | CADUX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | CADUX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | CADUX vs BWDTX | |
| CrossingBridge Low Duration High Yield Fund | 97 | — | Jan 2018 | CADUX vs CBLDX | |
| Intrepid Income Fund | 97 | — | Jul 2007 | CADUX vs ICMUX |
Top Performing CADUX Alternatives (YTD)
CADUX is at 0.13% YTD. There are 76 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 5.21%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 5.21% | — | Jan 2011 | CADUX vs ACP | |
| Saba Capital Income & Opportunities Fund | 5.04% | — | Dec 1987 | CADUX vs BRW | |
| BrandywineGLOBAL - Flexible Bond Fund | 2.71% | — | May 2016 | CADUX vs LFLIX | |
| Intrepid Income Fund | 2.43% | — | Jul 2007 | CADUX vs ICMUX | |
| Nationwide Amundi Strategic Income Fund | 2.19% | — | Nov 2015 | CADUX vs NWXHX |
Lowest Volatility Alternatives to CADUX
CADUX has 3.05% 1-year volatility. There are 39 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.16% | — | Nov 2015 | CADUX vs NWXHX | |
| Nationwide Strategic Income A | 1.21% | — | Nov 2015 | CADUX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.29% | — | Jul 2016 | CADUX vs BWDTX | |
| CrossingBridge Low Duration High Yield Fund | 1.39% | — | Jan 2018 | CADUX vs CBLDX | |
| Rational Special Situations Income Fund | 1.41% | — | Jul 2019 | CADUX vs RFXIX |
Lowest Drawdown Alternatives to CADUX
CADUX has a 1-year max drawdown of -2.47%. There are 31 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 | CADUX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | CADUX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | CADUX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | CADUX vs CBLDX | |
| 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 14 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare CADUX with Any Fund or Stock
Compare CADUX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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