American Funds Preservation Portfolio (CPPAX) 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 CPPAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CPPAX
CPPAX charges 0.61% annually. There are 76 mutual funds in the Short-Term Bond category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Institutional Intermediate-Term Bond Fund | 0.02% | — | Jun 2015 | CPPAX vs VIITX | |
| Vanguard Institutional Short-Term Bond Fund | 0.02% | — | Jun 2015 | CPPAX vs VISTX | |
| Schwab Short-Term Bond Index Fund | 0.06% | — | Feb 2017 | CPPAX vs SWSBX | |
| TIAA-CREF Short-Term Bond Index Fund | 0.09% | — | Aug 2015 | CPPAX vs TNSHX | |
| Vanguard Short-Term Bond Index Fund | 0.15% | — | Mar 1994 | CPPAX vs VBISX |
Best Risk-Adjusted Alternatives to CPPAX
CPPAX has a PortfoliosLab risk / return rank of 31. There are 121 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 | |
|---|---|---|---|---|---|
| Diamond Hill Short Duration Securitized Bond Fund ... | 99 | — | Jul 2016 | CPPAX vs DHEIX | |
| GuidepathConservative Income Fund | 99 | — | Apr 2018 | CPPAX vs GPICX | |
| DFA Short-Duration Real Return Portfolio | 99 | — | Nov 2013 | CPPAX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 99 | — | Jul 2016 | CPPAX vs DHEAX | |
| DoubleLine Low Duration Bond Fund | 97 | — | Sep 2011 | CPPAX vs DBLSX |
Top Performing CPPAX Alternatives (YTD)
CPPAX is at -0.09% YTD. There are 126 mutual funds in the Short-Term Bond category with higher YTD returns, going as high as 10.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Absolute Return Allocation Fund | 10.27% | — | Apr 2011 | CPPAX vs GPARX | |
| Leader Short Term High Yield Bond Fund | 3.89% | — | Jul 2005 | CPPAX vs LCCMX | |
| DFA Short-Duration Real Return Portfolio | 2.57% | — | Nov 2013 | CPPAX vs DFAIX | |
| Holbrook Income Fund | 2.12% | — | Jul 2016 | CPPAX vs HOBEX | |
| BlackRock Allocation Target Shares Series A Portfo... | 1.87% | — | Sep 2015 | CPPAX vs BATAX |
Lowest Volatility Alternatives to CPPAX
CPPAX has 2.06% 1-year volatility. There are 73 mutual funds in the Short-Term Bond category with lower 1-year volatility, going as low as 0.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidepathConservative Income Fund | 0.83% | — | Apr 2018 | CPPAX vs GPICX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 1.05% | — | Jul 2016 | CPPAX vs DHEIX | |
| DFA Short-Term Extended Quality Portfolio | 1.07% | — | Mar 2009 | CPPAX vs DFEQX | |
| DFA Short-Duration Real Return Portfolio | 1.10% | — | Nov 2013 | CPPAX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 1.11% | — | Jul 2016 | CPPAX vs DHEAX |
Lowest Drawdown Alternatives to CPPAX
CPPAX has a 1-year max drawdown of -1.67%. There are 106 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 | |
|---|---|---|---|---|---|
| GuidepathConservative Income Fund | -0.25% | — | Apr 2018 | CPPAX vs GPICX | |
| DFA Short-Duration Real Return Portfolio | -0.47% | — | Nov 2013 | CPPAX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | -0.50% | — | Jul 2016 | CPPAX vs DHEAX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | -0.50% | — | Jul 2016 | CPPAX vs DHEIX | |
| Holbrook Income Fund | -0.61% | — | Jul 2016 | CPPAX vs HOBEX |
Other Mutual Funds from American Funds
The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, RGAGX and span 6 categories.
Often Compared With CPPAX
Investors most often compare CPPAX with VTSAX, CMFIX, TSDLX. These 7 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund Admiral Sha... | Large Cap Blend Equities | 71 | 11.98% | 2.20T | Nov 2000 | CPPAX vs VTSAX | |
| CM Advisors Fixed Income Fund | Short-Term Bond | 71 | 0.90% | — | Mar 2006 | CPPAX vs CMFIX | |
| T. Rowe Price Short Duration Income Fund | Short-Term Bond | 96 | 0.90% | — | Dec 2020 | CPPAX vs TSDLX | |
| DFA Two-Year Fixed Income Portfolio | Short-Term Bond | 66 | 1.52% | — | Jun 1996 | CPPAX vs DFCFX | |
| Destinations Low Duration Fixed Income Fund | Short-Term Bond | 94 | 1.61% | — | Mar 2017 | CPPAX vs DLDFX | |
| Sextant Short Term Bond Fund | Short-Term Bond | — | — | — | Sep 1995 | CPPAX vs STBFX | |
| SEI Asset Allocation Trust Defensive Strategy Fund | Short-Term Bond | 89 | 1.86% | — | Nov 2003 | CPPAX vs SNSAX |
Compare CPPAX with Any Fund or Stock
Compare CPPAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CPPAX with funds that move differently
American Funds Preservation Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CPPAX.
Explore CPPAX Diversifiers