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 100 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 | CRAIX vs FMBPX | |
| State Street Aggregate Bond Index Portfolio | 0.02% | — | Sep 2014 | CRAIX vs SSAFX | |
| Fisher Investments Institutional Group Fixed Incom... | 0.03% | — | Dec 2019 | CRAIX vs QDIBX | |
| Fisher Investments Institutional Group ESG Fixed I... | 0.04% | — | Dec 2019 | CRAIX vs QDVBX | |
| iShares U.S. Aggregate Bond Index Fund | 0.05% | — | Jul 1993 | CRAIX vs WFBIX |
Best Risk-Adjusted Alternatives to CRAIX
CRAIX has a PortfoliosLab risk / return rank of 25. There are 14 mutual funds in the Intermediate Core Bond category with higher risk-adjusted ranks, going as high as 59.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Loomis Sayles Securitized Asset Fund | 59 | — | Mar 2006 | CRAIX vs LSSAX | |
| Hartford Schroders Tax-Aware Bond Fund | 52 | — | Oct 2011 | CRAIX vs STWTX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | 49 | — | Aug 1995 | CRAIX vs PCGTX | |
| Manning & Napier Credit Series | 39 | — | Apr 2020 | CRAIX vs MCDWX | |
| Fidelity SAI Investment Grade Securitized Fund | 34 | — | May 2023 | CRAIX vs FSMOX |
Top Performing CRAIX Alternatives (YTD)
CRAIX is at 0.15% YTD. There are 35 mutual funds in the Intermediate Core Bond category with higher YTD returns, going as high as 2.92%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PACE Mortgage-Backed Securities Fixed Income Inves... | 2.92% | — | Aug 1995 | CRAIX vs PCGTX | |
| Loomis Sayles Securitized Asset Fund | 1.24% | — | Mar 2006 | CRAIX vs LSSAX | |
| Hartford Schroders Tax-Aware Bond Fund | 1.18% | — | Oct 2011 | CRAIX vs STWTX | |
| Dupree Taxable Municipal Bond Fund | 1.01% | — | Nov 2010 | CRAIX vs DUTMX | |
| DFA Diversified Fixed Income Portfolio | 0.73% | — | Aug 2016 | CRAIX vs DFXIX |
Lowest Volatility Alternatives to CRAIX
CRAIX has 2.95% 1-year volatility. There are 7 mutual funds in the Intermediate Core Bond category with lower 1-year volatility, going as low as 2.49%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Baird Intermediate Bond Fund Class Institutional | 2.49% | — | Sep 2000 | CRAIX vs BIMIX | |
| Baird Intermediate Bond Fund | 2.50% | — | Sep 2000 | CRAIX vs BIMSX | |
| Fidelity Education Income Fund | 2.50% | — | Mar 2021 | CRAIX vs FEDUX | |
| DFA Diversified Fixed Income Portfolio | 2.61% | — | Aug 2016 | CRAIX vs DFXIX | |
| Johnson Institutional Intermediate Bond Fund | 2.75% | — | Aug 2000 | CRAIX vs JIBEX |
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 | |
|---|---|---|---|---|---|
| DFA Diversified Fixed Income Portfolio | -1.69% | — | Aug 2016 | CRAIX vs DFXIX | |
| Fidelity Education Income Fund | -1.72% | — | Mar 2021 | CRAIX vs FEDUX | |
| Baird Intermediate Bond Fund | -1.87% | — | Sep 2000 | CRAIX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | -2.07% | — | Sep 2000 | CRAIX vs BIMIX | |
| 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 1 categories, based on PortfoliosLab usage data.
Compare CRAIX with Any Fund or Stock
Compare CRAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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