CRAIX Alternatives & Similar Mutual Funds

CCM Community Impact Bond Fund (CRAIX) 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 CRAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to CRAIX

CRAIX charges 0.88% annually. There are 103 mutual funds in the Intermediate Core Bond category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
FMBPX	Federated Hermes Mortgage Strategy Portfolio	0.02%	—	Dec 2007	CRAIX vs FMBPX
VBMPX	Vanguard Total Bond Market Index Fund Institutiona...	0.02%	398.10B	Feb 2010	CRAIX vs VBMPX
SSAFX	State Street Aggregate Bond Index Portfolio	0.02%	—	Sep 2014	CRAIX vs SSAFX
QDIBX	Fisher Investments Institutional Group Fixed Incom...	0.03%	—	Dec 2019	CRAIX vs QDIBX
QDVBX	Fisher Investments Institutional Group ESG Fixed I...	0.04%	—	Dec 2019	CRAIX vs QDVBX

Best Risk-Adjusted Alternatives to CRAIX

CRAIX has a PortfoliosLab risk / return rank of 30. There are 13 mutual funds in the Intermediate Core Bond category with higher risk-adjusted ranks, going as high as 65.

Symbol	Name	Risk / Return Rank	AUM	Inception
VCAIX	Vanguard California Intermediate-Term Tax-Exempt F...	65	19.40B	Mar 1994	CRAIX vs VCAIX
STWTX	Hartford Schroders Tax-Aware Bond Fund	64	—	Oct 2011	CRAIX vs STWTX
LSSAX	Loomis Sayles Securitized Asset Fund	64	—	Mar 2006	CRAIX vs LSSAX
PCGTX	PACE Mortgage-Backed Securities Fixed Income Inves...	58	—	Aug 1995	CRAIX vs PCGTX
MCDWX	Manning & Napier Credit Series	50	—	Apr 2020	CRAIX vs MCDWX

Top Performing CRAIX Alternatives (YTD)

CRAIX is at -0.12% YTD. There are 11 mutual funds in the Intermediate Core Bond category with higher YTD returns, going as high as 2.13%.

Symbol	Name	YTD Return	AUM	Inception
PCGTX	PACE Mortgage-Backed Securities Fixed Income Inves...	2.13%	—	Aug 1995	CRAIX vs PCGTX
LSSAX	Loomis Sayles Securitized Asset Fund	0.81%	—	Mar 2006	CRAIX vs LSSAX
DFXIX	DFA Diversified Fixed Income Portfolio	0.66%	—	Aug 2016	CRAIX vs DFXIX
MCDWX	Manning & Napier Credit Series	0.57%	—	Apr 2020	CRAIX vs MCDWX
FSMOX	Fidelity SAI Investment Grade Securitized Fund	0.15%	—	May 2023	CRAIX vs FSMOX

Lowest Volatility Alternatives to CRAIX

CRAIX has 2.98% 1-year volatility. There are 9 mutual funds in the Intermediate Core Bond category with lower 1-year volatility, going as low as 2.36%.

Symbol	Name	Volatility 1Y	AUM	Inception
VCAIX	Vanguard California Intermediate-Term Tax-Exempt F...	2.36%	19.40B	Mar 1994	CRAIX vs VCAIX
FEDUX	Fidelity Education Income Fund	2.45%	—	Mar 2021	CRAIX vs FEDUX
BIMIX	Baird Intermediate Bond Fund Class Institutional	2.49%	—	Sep 2000	CRAIX vs BIMIX
BIMSX	Baird Intermediate Bond Fund	2.49%	—	Sep 2000	CRAIX vs BIMSX
DFXIX	DFA Diversified Fixed Income Portfolio	2.62%	—	Aug 2016	CRAIX vs DFXIX

Lowest Drawdown Alternatives to CRAIX

CRAIX has a 1-year max drawdown of -2.15%. There are 5 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
DFXIX	DFA Diversified Fixed Income Portfolio	-1.69%	—	Aug 2016	CRAIX vs DFXIX
FEDUX	Fidelity Education Income Fund	-1.72%	—	Mar 2021	CRAIX vs FEDUX
BIMSX	Baird Intermediate Bond Fund	-1.87%	—	Sep 2000	CRAIX vs BIMSX
BIMIX	Baird Intermediate Bond Fund Class Institutional	-2.08%	—	Sep 2000	CRAIX vs BIMIX
FTHRX	Fidelity Intermediate Bond Fund	-2.11%	—	May 1975	CRAIX vs FTHRX

Often Compared With CRAIX

Investors most often compare CRAIX with OPIGX, SBI, WMBDX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
OPIGX	Invesco Core Bond Fund	Intermediate Core Bond	9	-1.48%	—	Apr 1988	CRAIX vs OPIGX
SBI	Western Asset Intermediate Muni Fund Inc.	Intermediate Core Bond	33	2.77%	—	—	CRAIX vs SBI
WMBDX	WesMark Government Bond Fund	Intermediate Core Bond	15	-0.87%	—	Apr 1998	CRAIX vs WMBDX
MBDFX	AMG GW&K Core Bond ESG Fund	Intermediate Core Bond	13	-1.16%	—	Apr 1993	CRAIX vs MBDFX
KCCIX	Knights of Columbus Core Bond Fund	Intermediate Core Bond	23	-0.05%	—	Feb 2015	CRAIX vs KCCIX
SCCIX	Carillon Reams Core Bond Fund	Intermediate Core Bond	22	-0.16%	—	Feb 2001	CRAIX vs SCCIX
ABNFX	American Funds The Bond Fund of America® Class F-2	Intermediate Core Bond	20	-0.96%	—	Aug 2008	CRAIX vs ABNFX
EXCRX	Manning & Napier Core Bond Series	Intermediate Core Bond	15	-0.55%	—	Apr 2005	CRAIX vs EXCRX
JIGMX	John Hancock Investment Grade Bond Fund Class R4	Intermediate Core Bond, Investment Grade Bonds	19	-0.85%	—	Apr 2015	CRAIX vs JIGMX
WATIX	Western Asset Intermediate Bond Fund	Intermediate Core Bond	22	-0.59%	—	Jul 1994	CRAIX vs WATIX
TAIBX	PGIM Core Bond Fund	Intermediate Core Bond	19	-0.67%	—	Jan 1993	CRAIX vs TAIBX
MIIAX	Praxis Impact Bond Fund	Intermediate Core Bond	17	-0.56%	—	May 1999	CRAIX vs MIIAX
GMCOX	GuideMark Core Fixed Income Fund	Intermediate Core Bond	14	-0.93%	—	Jun 2001	CRAIX vs GMCOX
TBIIX	TIAA-CREF Bond Index Fund	Intermediate Core Bond	21	-0.61%	—	Sep 2009	CRAIX vs TBIIX
CLDAX	Calvert Core Bond Fund	Intermediate Core Bond	16	-1.10%	—	Dec 2004	CRAIX vs CLDAX
FOINX	Tributary Income Fund	Intermediate Core Bond	17	-0.77%	—	Mar 2001	CRAIX vs FOINX
HOIBX	Homestead Intermediate Bond Fund	Intermediate Core Bond	15	-0.80%	—	May 2019	CRAIX vs HOIBX
VBMFX	Vanguard Total Bond Market Index Fund Investor Sha...	Intermediate Core Bond, Investment Grade Bonds	20	-0.76%	—	Dec 1986	CRAIX vs VBMFX
JIBEX	Johnson Institutional Intermediate Bond Fund	Intermediate Core Bond	24	-0.46%	—	Aug 2000	CRAIX vs JIBEX
OWFIX	Old Westbury Fixed Income Fund	Intermediate Core Bond	23	-0.21%	—	Mar 1998	CRAIX vs OWFIX

Compare CRAIX with Any Fund or Stock

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

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Diversifiers

Pair CRAIX with funds that move differently

CCM Community Impact Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CRAIX.

Explore CRAIX Diversifiers

CCM Community Impact Bond Fund (CRAIX) Alternatives