CENAX Alternatives & Similar Mutual Funds

American Funds College Enrollment Fund (CENAX) 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 CENAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to CENAX

CENAX charges 0.67% annually. There are 89 mutual funds in the Short-Term Bond category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
VIITX	Vanguard Institutional Intermediate-Term Bond Fund	0.02%	—	Jun 2015	CENAX vs VIITX
VISTX	Vanguard Institutional Short-Term Bond Fund	0.02%	—	Jun 2015	CENAX vs VISTX
FUMBX	Fidelity Short-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	CENAX vs FUMBX
SWSBX	Schwab Short-Term Bond Index Fund	0.06%	—	Feb 2017	CENAX vs SWSBX
TNSHX	TIAA-CREF Short-Term Bond Index Fund	0.09%	—	Aug 2015	CENAX vs TNSHX

Best Risk-Adjusted Alternatives to CENAX

CENAX has a PortfoliosLab risk / return rank of 57. There are 96 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
GPICX	GuidepathConservative Income Fund	99	—	Apr 2018	CENAX vs GPICX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	99	—	Jul 2016	CENAX vs DHEIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	99	—	Jul 2016	CENAX vs DHEAX
DFAIX	DFA Short-Duration Real Return Portfolio	98	—	Nov 2013	CENAX vs DFAIX
BATAX	BlackRock Allocation Target Shares Series A Portfo...	98	—	Sep 2015	CENAX vs BATAX

Top Performing CENAX Alternatives (YTD)

CENAX is at 1.25% YTD. There are 20 mutual funds in the Short-Term Bond category with higher YTD returns, going as high as 6.02%.

Symbol	Name	YTD Return	AUM	Inception
GPARX	GuidePath Absolute Return Allocation Fund	6.02%	—	Apr 2011	CENAX vs GPARX
LCCMX	Leader Short Term High Yield Bond Fund	3.39%	—	Jul 2005	CENAX vs LCCMX
DFAIX	DFA Short-Duration Real Return Portfolio	2.10%	—	Nov 2013	CENAX vs DFAIX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	1.99%	—	Jul 2016	CENAX vs DHEIX
BATAX	BlackRock Allocation Target Shares Series A Portfo...	1.98%	—	Sep 2015	CENAX vs BATAX

Lowest Volatility Alternatives to CENAX

CENAX has 2.72% 1-year volatility. There are 117 mutual funds in the Short-Term Bond category with lower 1-year volatility, going as low as 0.79%.

Symbol	Name	Volatility 1Y	AUM	Inception
GPICX	GuidepathConservative Income Fund	0.79%	—	Apr 2018	CENAX vs GPICX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	1.07%	—	Jul 2016	CENAX vs DHEIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	1.11%	—	Jul 2016	CENAX vs DHEAX
DFEQX	DFA Short-Term Extended Quality Portfolio	1.13%	—	Mar 2009	CENAX vs DFEQX
DFAIX	DFA Short-Duration Real Return Portfolio	1.18%	—	Nov 2013	CENAX vs DFAIX

Lowest Drawdown Alternatives to CENAX

CENAX has a 1-year max drawdown of -2.26%. There are 122 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
GPICX	GuidepathConservative Income Fund	-0.25%	—	Apr 2018	CENAX vs GPICX
DFAIX	DFA Short-Duration Real Return Portfolio	-0.47%	—	Nov 2013	CENAX vs DFAIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	-0.50%	—	Jul 2016	CENAX vs DHEAX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	-0.50%	—	Jul 2016	CENAX vs DHEIX
HOBEX	Holbrook Income Fund	-0.61%	—	Jul 2016	CENAX vs HOBEX

Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	78	8.56%	—	Jul 1975	CENAX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	39	7.93%	—	Jan 1934	CENAX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	36	5.38%	—	Jul 1952	CENAX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	23	6.76%	—	Dec 1973	CENAX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	36	9.53%	—	May 2009	CENAX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	59	12.29%	—	Aug 1978	CENAX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	21	4.50%	—	Mar 1973	CENAX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	23	6.70%	—	Dec 1973	CENAX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	50	5.52%	—	Dec 1973	CENAX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	18	3.42%	—	Jan 1967	CENAX vs AMCPX

Often Compared With CENAX

Investors most often compare CENAX with VBISX, SNSAX, DBLSX. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VBISX	Vanguard Short-Term Bond Index Fund	Short-Term Bond	36	0.16%	—	Mar 1994	CENAX vs VBISX
SNSAX	SEI Asset Allocation Trust Defensive Strategy Fund	Short-Term Bond	88	1.66%	—	Nov 2003	CENAX vs SNSAX
DBLSX	DoubleLine Low Duration Bond Fund	Short-Term Bond	97	1.27%	—	Sep 2011	CENAX vs DBLSX
DLDFX	Destinations Low Duration Fixed Income Fund	Short-Term Bond	96	1.72%	—	Mar 2017	CENAX vs DLDFX

Compare CENAX with Any Fund or Stock

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

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Diversifiers

Pair CENAX with funds that move differently

American Funds College Enrollment Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CENAX.

Explore CENAX Diversifiers

American Funds College Enrollment Fund (CENAX) Alternatives