Principal Core Fixed Income (CMPIX) belongs to the Intermediate Core Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CMPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CMPIX
CMPIX charges 0.74% annually. There are 92 mutual funds in the Intermediate Core Bond category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Mortgage Strategy Portfolio | 0.02% | — | Dec 2007 | CMPIX vs FMBPX | |
| State Street Aggregate Bond Index Portfolio | 0.02% | — | Sep 2014 | CMPIX vs SSAFX | |
| Fisher Investments Institutional Group Fixed Incom... | 0.03% | — | Dec 2019 | CMPIX vs QDIBX | |
| Fisher Investments Institutional Group ESG Fixed I... | 0.04% | — | Dec 2019 | CMPIX vs QDVBX | |
| iShares U.S. Aggregate Bond Index Fund | 0.05% | — | Jul 1993 | CMPIX vs WFBIX |
Best Risk-Adjusted Alternatives to CMPIX
CMPIX has a PortfoliosLab risk / return rank of 18. There are 98 mutual funds in the Intermediate Core Bond category with higher risk-adjusted ranks, going as high as 76.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Loomis Sayles Securitized Asset Fund | 76 | — | Mar 2006 | CMPIX vs LSSAX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | 68 | — | Aug 1995 | CMPIX vs PCGTX | |
| Hartford Schroders Tax-Aware Bond Fund | 65 | — | Oct 2011 | CMPIX vs STWTX | |
| Manning & Napier Credit Series | 56 | — | Apr 2020 | CMPIX vs MCDWX | |
| Fidelity SAI Investment Grade Securitized Fund | 48 | — | May 2023 | CMPIX vs FSMOX |
Top Performing CMPIX Alternatives (YTD)
CMPIX is at -0.15% YTD. There are 81 mutual funds in the Intermediate Core Bond category with higher YTD returns, going as high as 3.01%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PACE Mortgage-Backed Securities Fixed Income Inves... | 3.01% | — | Aug 1995 | CMPIX vs PCGTX | |
| Loomis Sayles Securitized Asset Fund | 1.46% | — | Mar 2006 | CMPIX vs LSSAX | |
| Hartford Schroders Tax-Aware Bond Fund | 1.08% | — | Oct 2011 | CMPIX vs STWTX | |
| DFA Diversified Fixed Income Portfolio | 0.88% | — | Aug 2016 | CMPIX vs DFXIX | |
| Fidelity SAI Investment Grade Securitized Fund | 0.86% | — | May 2023 | CMPIX vs FSMOX |
Lowest Volatility Alternatives to CMPIX
CMPIX has 3.90% 1-year volatility. There are 59 mutual funds in the Intermediate Core Bond category with lower 1-year volatility, going as low as 2.48%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Education Income Fund | 2.48% | — | Mar 2021 | CMPIX vs FEDUX | |
| Baird Intermediate Bond Fund | 2.50% | — | Sep 2000 | CMPIX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | 2.52% | — | Sep 2000 | CMPIX vs BIMIX | |
| DFA Diversified Fixed Income Portfolio | 2.63% | — | Aug 2016 | CMPIX vs DFXIX | |
| Johnson Institutional Intermediate Bond Fund | 2.74% | — | Aug 2000 | CMPIX vs JIBEX |
Lowest Drawdown Alternatives to CMPIX
CMPIX has a 1-year max drawdown of -2.97%. There are 47 mutual funds in the Intermediate Core Bond category with shallower 1-year drawdowns, going as shallow as -1.69%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Diversified Fixed Income Portfolio | -1.69% | — | Aug 2016 | CMPIX vs DFXIX | |
| Fidelity Education Income Fund | -1.72% | — | Mar 2021 | CMPIX vs FEDUX | |
| Baird Intermediate Bond Fund | -1.87% | — | Sep 2000 | CMPIX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | -2.07% | — | Sep 2000 | CMPIX vs BIMIX | |
| Fidelity Intermediate Bond Fund | -2.11% | — | May 1975 | CMPIX vs FTHRX |
Other Mutual Funds from Principal
The 10 most viewed Principal mutual funds shown here include PCBIX, PLGIX, CMNWX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Principal MidCap Fund Institutional Class | Mid Cap Growth Equities | 1 | -4.41% | — | Dec 2000 | CMPIX vs PCBIX | |
| Principal LargeCap Growth Fund I | Large Cap Growth Equities | 7 | 2.68% | — | Dec 2000 | CMPIX vs PLGIX | |
| Principal Capital Appreciation Fund | Large Cap Blend Equities | 50 | 10.43% | — | Nov 1986 | CMPIX vs CMNWX | |
| Principal LifeTime 2055 Fund | Target Retirement Date | 42 | 8.98% | — | Feb 2008 | CMPIX vs LTFIX | |
| Principal Blue Chip Fund | Large Cap Growth Equities | 3 | -0.19% | — | Jun 2012 | CMPIX vs PBCKX | |
| Principal Global Multi-Strategy Fund | Multistrategy | 96 | 5.84% | — | Oct 2011 | CMPIX vs PSMIX | |
| Principal SAM Strategic Growth Portfolio | Diversified Portfolio | 55 | 11.36% | — | Jul 1996 | CMPIX vs SACAX | |
| Principal LifeTime 2040 Fund | Target Retirement Date | 43 | 7.26% | — | Feb 2001 | CMPIX vs PTDIX | |
| Principal LifeTime 2045 Fund | Target Retirement Date | 42 | 8.07% | — | Feb 2008 | CMPIX vs LTRIX | |
| Principal LifeTime 2030 Fund | Target Retirement Date | 45 | 5.53% | — | Feb 2001 | CMPIX vs PMTIX |
Often Compared With CMPIX
Investors most often compare CMPIX with ONEQ, ACWI, DGRO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare CMPIX with Any Fund or Stock
Compare CMPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CMPIX with funds that move differently
Principal Core Fixed Income alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CMPIX.
Explore CMPIX Diversifiers