CMPGX Alternatives & Similar Mutual Funds

Principal Government & High Quality Bond Fund (CMPGX) belongs to the Government Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CMPGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to CMPGX

CMPGX charges 0.78% annually. There are 83 mutual funds in the Government Bonds category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	0.01%	—	Mar 2009	CMPGX vs GUSTX
FUAMX	Fidelity Intermediate Treasury Bond Index Fund	0.03%	—	—	CMPGX vs FUAMX
FNBGX	Fidelity Long-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	CMPGX vs FNBGX
FUMBX	Fidelity Short-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	CMPGX vs FUMBX
FUTBX	Fidelity SAI U.S. Treasury Bond Index Fund	0.03%	—	Mar 2016	CMPGX vs FUTBX

Best Risk-Adjusted Alternatives to CMPGX

CMPGX has a PortfoliosLab risk / return rank of 23. There are 47 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
FEUGX	Federated Hermes Adjustable Rate Fund	99	—	Dec 1985	CMPGX vs FEUGX
GUSTX	GMO U.S. Treasury Fund	99	—	Mar 2009	CMPGX vs GUSTX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	88	—	Aug 2010	CMPGX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	86	33.50B	Dec 2009	CMPGX vs VSBSX
MDSIX	Integrity Short Term Government Fund	84	—	Jun 2011	CMPGX vs MDSIX

Top Performing CMPGX Alternatives (YTD)

CMPGX is at 0.31% YTD. There are 39 mutual funds in the Government Bonds category with higher YTD returns, going as high as 1.82%.

Symbol	Name	YTD Return	AUM	Inception
FEUGX	Federated Hermes Adjustable Rate Fund	1.82%	—	Dec 1985	CMPGX vs FEUGX
VGIVX	Vanguard Emerging Markets Government Bond Index Fu...	1.70%	6.50B	Feb 2015	CMPGX vs VGIVX
VGAVX	Vanguard Emerging Markets Government Bond Index Fu...	1.65%	6.50B	May 2013	CMPGX vs VGAVX
MDSIX	Integrity Short Term Government Fund	1.65%	—	Jun 2011	CMPGX vs MDSIX
GUSTX	GMO U.S. Treasury Fund	1.46%	—	Mar 2009	CMPGX vs GUSTX

Lowest Volatility Alternatives to CMPGX

CMPGX has 4.38% 1-year volatility. There are 77 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 1.21%.

Symbol	Name	Volatility 1Y	AUM	Inception
DFFGX	DFA Short-Term Government Portfolio	1.21%	—	May 1987	CMPGX vs DFFGX
GUSTX	GMO U.S. Treasury Fund	1.22%	—	Mar 2009	CMPGX vs GUSTX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	1.27%	—	Aug 2010	CMPGX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	1.28%	33.50B	Dec 2009	CMPGX vs VSBSX
FEUGX	Federated Hermes Adjustable Rate Fund	1.41%	—	Dec 1985	CMPGX vs FEUGX

Lowest Drawdown Alternatives to CMPGX

CMPGX has a 1-year max drawdown of -3.39%. There are 71 mutual funds in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	-0.20%	—	Mar 2009	CMPGX vs GUSTX
FEUGX	Federated Hermes Adjustable Rate Fund	-0.32%	—	Dec 1985	CMPGX vs FEUGX
RFBAX	Davis Government Bond Fund	-0.77%	—	Nov 1994	CMPGX vs RFBAX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	-0.81%	—	Aug 2010	CMPGX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	-0.84%	33.50B	Dec 2009	CMPGX vs VSBSX

Other Mutual Funds from Principal Funds

The 5 most viewed Principal Funds mutual funds shown here include PLSAX, PMAQX, PDSYX and span 5 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PLSAX	Principal LargeCap S&P 500 Index Fund Class A	S&P 500	72	11.59%	—	Feb 2001	CMPGX vs PLSAX
PMAQX	Principal MidCap R6	Mid Cap Growth Equities	1	-7.36%	—	Nov 2016	CMPGX vs PMAQX
PDSYX	Principal Diversified Select Real Asset Fund	Global Allocation	92	5.06%	—	Jul 2019	CMPGX vs PDSYX
PGDIX	Principal Diversified Income Fund	Multisector Bonds	18	-0.44%	—	Dec 2008	CMPGX vs PGDIX
PLZTX	Principal LifeTime Hybrid 2030 Fund R-6	Target Retirement Date	72	7.17%	—	Sep 2014	CMPGX vs PLZTX

Often Compared With CMPGX

Investors most often compare CMPGX with QQQ, FBLTX, LTUSX. These 10 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
QQQ	Invesco QQQ ETF	Nasdaq-100	73	21.30%	493.99B	Mar 1999	CMPGX vs QQQ
FBLTX	Fidelity SAI Long-Term Treasury Bond Index Fund	Government Bonds	6	-0.08%	—	Oct 2015	CMPGX vs FBLTX
LTUSX	Thornburg Limited Term U.S. Government Fund	Government Bonds	27	0.47%	—	Nov 1987	CMPGX vs LTUSX
PRGMX	T. Rowe Price GNMA Fund	Government Bonds	44	0.93%	—	Nov 1985	CMPGX vs PRGMX
PDMIX	PIMCO GNMA and Government Securities Fund	Government Bonds	33	1.23%	—	Jul 1997	CMPGX vs PDMIX
PEDIX	PIMCO Extended Duration Fund	Government Bonds	6	0.05%	—	Aug 2006	CMPGX vs PEDIX
SGINX	DWS GNMA Fund	Government Bonds	31	0.21%	—	Jul 2000	CMPGX vs SGINX
VFIJX	Vanguard GNMA Fund Admiral Shares	Government Bonds	34	0.83%	11.00B	Feb 2001	CMPGX vs VFIJX
FGMNX	Fidelity GNMA Fund	Government Bonds	41	1.09%	—	Nov 1985	CMPGX vs FGMNX
BGNMX	American Century Ginnie Mae Fund	Government Bonds	29	0.74%	343.63M	Sep 1985	CMPGX vs BGNMX

Compare CMPGX with Any Fund or Stock

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

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Diversifiers

Pair CMPGX with funds that move differently

Principal Government & High Quality Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CMPGX.

Explore CMPGX Diversifiers

Principal Government & High Quality Bond Fund (CMPGX) Alternatives