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 82 mutual funds in the Government Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.01% | — | Mar 2009 | CMPGX vs GUSTX | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | CMPGX vs FUMBX | |
| Fidelity Long-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | CMPGX vs FNBGX | |
| Fidelity Intermediate Treasury Bond Index Fund | 0.03% | — | — | CMPGX vs FUAMX | |
| Fidelity SAI Long-Term Treasury Bond Index Fund | 0.03% | — | Oct 2015 | CMPGX vs FBLTX |
Best Risk-Adjusted Alternatives to CMPGX
CMPGX has a PortfoliosLab risk / return rank of 23. There are 46 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Adjustable Rate Fund | 99 | — | Dec 1985 | CMPGX vs FEUGX | |
| GMO U.S. Treasury Fund | 99 | — | Mar 2009 | CMPGX vs GUSTX | |
| Integrity Short Term Government Fund | 91 | — | Jun 2011 | CMPGX vs MDSIX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 86 | — | Aug 2010 | CMPGX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 85 | 33.90B | Dec 2009 | CMPGX vs VSBSX |
Top Performing CMPGX Alternatives (YTD)
CMPGX is at 0.53% YTD. There are 49 mutual funds in the Government Bonds category with higher YTD returns, going as high as 3.26%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PIMCO Extended Duration Fund | 3.26% | — | Aug 2006 | CMPGX vs PEDIX | |
| Vanguard Extended Duration Treasury Index Fund | 2.84% | — | Nov 2007 | CMPGX vs VEDTX | |
| Integrity Short Term Government Fund | 2.22% | — | Jun 2011 | CMPGX vs MDSIX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 2.15% | 6.60B | Feb 2015 | CMPGX vs VGIVX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 2.08% | 6.60B | May 2013 | CMPGX vs VGAVX |
Lowest Volatility Alternatives to CMPGX
CMPGX has 4.32% 1-year volatility. There are 77 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 1.24%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 1.24% | — | Mar 2009 | CMPGX vs GUSTX | |
| DFA Short-Term Government Portfolio | 1.26% | — | May 1987 | CMPGX vs DFFGX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 1.30% | 33.90B | Dec 2009 | CMPGX vs VSBSX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 1.30% | — | Aug 2010 | CMPGX vs VSBIX | |
| 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 72 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 | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | -0.20% | — | Mar 2009 | CMPGX vs GUSTX | |
| Federated Hermes Adjustable Rate Fund | -0.32% | — | Dec 1985 | CMPGX vs FEUGX | |
| Davis Government Bond Fund | -0.77% | — | Nov 1994 | CMPGX vs RFBAX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | -0.81% | — | Aug 2010 | CMPGX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | -0.84% | 33.90B | 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 | |
|---|---|---|---|---|---|---|---|
| Principal LargeCap S&P 500 Index Fund Class A | S&P 500 | 54 | 7.97% | — | Feb 2001 | CMPGX vs PLSAX | |
| Principal MidCap R6 | Mid Cap Growth Equities | 1 | -6.36% | — | Nov 2016 | CMPGX vs PMAQX | |
| Principal Diversified Select Real Asset Fund | Global Allocation | 93 | 4.52% | — | Jul 2019 | CMPGX vs PDSYX | |
| Principal Diversified Income Fund | Multisector Bonds | 15 | -0.27% | — | Dec 2008 | CMPGX vs PGDIX | |
| Principal LifeTime Hybrid 2030 Fund R-6 | Target Retirement Date | 61 | 5.57% | — | Sep 2014 | CMPGX vs PLZTX |
Often Compared With CMPGX
Investors most often compare CMPGX with QQQ, FUTBX, LTUSX. These 9 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 64 | 16.89% | 493.17B | Mar 1999 | CMPGX vs QQQ | |
| Fidelity SAI U.S. Treasury Bond Index Fund | Government Bonds | 14 | 0.41% | — | Mar 2016 | CMPGX vs FUTBX | |
| Thornburg Limited Term U.S. Government Fund | Government Bonds | 30 | 0.72% | — | Nov 1987 | CMPGX vs LTUSX | |
| T. Rowe Price GNMA Fund | Government Bonds | 46 | 1.18% | — | Nov 1985 | CMPGX vs PRGMX | |
| PIMCO GNMA and Government Securities Fund | Government Bonds | 32 | 1.45% | — | Jul 1997 | CMPGX vs PDMIX | |
| DWS GNMA Fund | Government Bonds | 21 | -0.38% | — | Jul 2000 | CMPGX vs SGINX | |
| Fidelity GNMA Fund | Government Bonds | 42 | 1.38% | — | Nov 1985 | CMPGX vs FGMNX | |
| American Century Ginnie Mae Fund | Government Bonds | 31 | 1.07% | 343.63M | Sep 1985 | CMPGX vs BGNMX | |
| Vanguard GNMA Fund Admiral Shares | Government Bonds | 35 | 1.26% | 11.00B | Feb 2001 | CMPGX vs VFIJX |
Compare CMPGX with Any Fund or Stock
Compare CMPGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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