DHEIX Alternatives & Similar Mutual Funds

Diamond Hill Short Duration Securitized Bond Fund Class I (DHEIX) 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 DHEIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to DHEIX

DHEIX charges 0.53% annually. There are 60 mutual funds in the Short-Term Bond category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
VIITX	Vanguard Institutional Intermediate-Term Bond Fund	0.02%	—	Jun 2015	DHEIX vs VIITX
VISTX	Vanguard Institutional Short-Term Bond Fund	0.02%	—	Jun 2015	DHEIX vs VISTX
SWSBX	Schwab Short-Term Bond Index Fund	0.06%	—	Feb 2017	DHEIX vs SWSBX
TNSHX	TIAA-CREF Short-Term Bond Index Fund	0.09%	—	Aug 2015	DHEIX vs TNSHX
VBISX	Vanguard Short-Term Bond Index Fund	0.15%	—	Mar 1994	DHEIX vs VBISX

Best Risk-Adjusted Alternatives to DHEIX

DHEIX has a PortfoliosLab risk / return rank of 99. No mutual funds in the Short-Term Bond category have higher risk-adjusted ranks; the top alternatives shown here go as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
GPICX	GuidepathConservative Income Fund	99	—	Apr 2018	DHEIX vs GPICX
DFAIX	DFA Short-Duration Real Return Portfolio	99	—	Nov 2013	DHEIX vs DFAIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	99	—	Jul 2016	DHEIX vs DHEAX
DBLSX	DoubleLine Low Duration Bond Fund	97	—	Sep 2011	DHEIX vs DBLSX
DLSNX	DoubleLine Low Duration Bond Fund Class N	97	—	Sep 2011	DHEIX vs DLSNX

Top Performing DHEIX Alternatives (YTD)

DHEIX is at 1.78% YTD. There are 6 mutual funds in the Short-Term Bond category with higher YTD returns, going as high as 10.27%.

Symbol	Name	YTD Return	AUM	Inception
GPARX	GuidePath Absolute Return Allocation Fund	10.27%	—	Apr 2011	DHEIX vs GPARX
LCCMX	Leader Short Term High Yield Bond Fund	3.89%	—	Jul 2005	DHEIX vs LCCMX
DFAIX	DFA Short-Duration Real Return Portfolio	2.57%	—	Nov 2013	DHEIX vs DFAIX
HOBEX	Holbrook Income Fund	2.12%	—	Jul 2016	DHEIX vs HOBEX
BATAX	BlackRock Allocation Target Shares Series A Portfo...	1.87%	—	Sep 2015	DHEIX vs BATAX

Lowest Volatility Alternatives to DHEIX

DHEIX has 1.05% 1-year volatility. There is 1 mutual fund in the Short-Term Bond category with lower 1-year volatility, going as low as 0.83%.

Symbol	Name	Volatility 1Y	AUM	Inception
GPICX	GuidepathConservative Income Fund	0.83%	—	Apr 2018	DHEIX vs GPICX
DFEQX	DFA Short-Term Extended Quality Portfolio	1.07%	—	Mar 2009	DHEIX vs DFEQX
DFAIX	DFA Short-Duration Real Return Portfolio	1.10%	—	Nov 2013	DHEIX vs DFAIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	1.11%	—	Jul 2016	DHEIX vs DHEAX
DLSNX	DoubleLine Low Duration Bond Fund Class N	1.19%	—	Sep 2011	DHEIX vs DLSNX

Lowest Drawdown Alternatives to DHEIX

DHEIX has a 1-year max drawdown of -0.50%. There are 2 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
GPICX	GuidepathConservative Income Fund	-0.25%	—	Apr 2018	DHEIX vs GPICX
DFAIX	DFA Short-Duration Real Return Portfolio	-0.47%	—	Nov 2013	DHEIX vs DFAIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	-0.50%	—	Jul 2016	DHEIX vs DHEAX
HOBEX	Holbrook Income Fund	-0.61%	—	Jul 2016	DHEIX vs HOBEX
DLDFX	Destinations Low Duration Fixed Income Fund	-0.64%	—	Mar 2017	DHEIX vs DLDFX

Other Mutual Funds from Diamond Hill

The 10 most viewed Diamond Hill mutual funds shown here include DIAMX, DHLAX, DHTAX and span 6 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
DIAMX	Diamond Hill Long-Short Fund	Long-Short	12	-4.58%	—	Jun 2000	DHEIX vs DIAMX
DHLAX	Diamond Hill Large Cap Fund	Large Cap Value Equities	5	0.22%	—	Jun 2001	DHEIX vs DHLAX
DHTAX	Diamond Hill All Cap Select Fund	Mid Cap Value Equities	24	2.32%	—	Dec 2005	DHEIX vs DHTAX
DHRAX	Diamond Hill Core Bond Fund	Intermediate Core Bond	25	0.48%	—	Jul 2016	DHEIX vs DHRAX
DHSCX	Diamond Hill Small Cap Fund	Small Cap Value Equities	52	15.54%	—	Dec 2000	DHEIX vs DHSCX
DHPAX	Diamond Hill Mid Cap Fund	Mid Cap Value Equities	14	1.38%	—	Dec 2013	DHEIX vs DHPAX
DHMAX	Diamond Hill Small-Mid Cap Fund	Mid Cap Value Equities	14	2.66%	—	Dec 2005	DHEIX vs DHMAX
DHIAX	Diamond Hill International Fund	Foreign Large Cap Equities	45	11.36%	—	Jun 2019	DHEIX vs DHIAX
DHSIX	Diamond Hill Small Cap Fund Class I	Small Cap Value Equities	53	15.68%	—	Dec 2000	DHEIX vs DHSIX
DHLRX	Diamond Hill Large Cap Fund Class I	Large Cap Value Equities	5	0.31%	—	Jan 2005	DHEIX vs DHLRX

Often Compared With DHEIX

Investors most often compare DHEIX with TSDLX, STBCX, LSCIX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TSDLX	T. Rowe Price Short Duration Income Fund	Short-Term Bond	96	0.90%	—	Dec 2020	DHEIX vs TSDLX
STBCX	Invesco Short Term Bond Fund	Short-Term Bond	67	0.65%	—	Aug 2002	DHEIX vs STBCX
LSCIX	Lord Abbett Short Duration Core Bond Fund	Short-Term Bond	65	0.67%	—	Apr 2017	DHEIX vs LSCIX
NWXHX	Nationwide Amundi Strategic Income Fund	Multisector Bonds	99	2.29%	—	Nov 2015	DHEIX vs NWXHX
SNSAX	SEI Asset Allocation Trust Defensive Strategy Fund	Short-Term Bond	89	1.86%	—	Nov 2003	DHEIX vs SNSAX
FILDX	Frost Low Duration Bond Fund	Short-Term Bond	63	0.51%	—	Apr 2008	DHEIX vs FILDX
JSDSX	JPMorgan Short Duration Core Plus Fund	Short-Term Bond	66	0.37%	—	Mar 2013	DHEIX vs JSDSX
EVV	Eaton Vance Limited Duration Income Fund	Short-Term Bond	3	-2.89%	—	May 2003	DHEIX vs EVV
USSBX	USAA Short Term Bond Fund	Short-Term Bond	87	1.11%	—	Jun 1993	DHEIX vs USSBX
FOSIX	Tributary Short-Intermediate Bond Fund	Short-Term Bond	58	0.61%	—	Dec 1992	DHEIX vs FOSIX
FCFAX	Frost Credit Fund	Short-Term Bond	63	1.47%	—	Dec 2012	DHEIX vs FCFAX
MSTDX	MassMutual Short Duration Bond Fund	Short-Term Bond	87	0.84%	—	Sep 1994	DHEIX vs MSTDX
MXSDX	Great-West Short Duration Bond Fund	Short-Term Bond	91	0.67%	—	Aug 1995	DHEIX vs MXSDX
WEFIX	Weitz Short Duration Income Fund	Short-Term Bond	92	1.29%	—	Dec 1988	DHEIX vs WEFIX
RCTIX	River Canyon Total Return Bond Fund	Short-Term Bond	74	0.71%	—	Dec 2014	DHEIX vs RCTIX
BSBIX	Baird Short-Term Bond Fund Institutional Class	Short-Term Bond	93	0.83%	—	Aug 2004	DHEIX vs BSBIX
DFCFX	DFA Two-Year Fixed Income Portfolio	Short-Term Bond	66	1.52%	—	Jun 1996	DHEIX vs DFCFX
WISEX	Azzad Wise Capital Fund	Short-Term Bond	65	0.51%	—	Apr 2010	DHEIX vs WISEX
MWLDX	Metropolitan West Low Duration Bond Fund	Short-Term Bond	59	0.54%	—	Mar 1997	DHEIX vs MWLDX
CREMX	Redwood Real Estate Income Fund	REIT	100	3.06%	—	Jun 2023	DHEIX vs CREMX

Compare DHEIX with Any Fund or Stock

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

Symbol name

Diversifiers

Pair DHEIX with funds that move differently

Diamond Hill Short Duration Securitized Bond Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DHEIX.

Explore DHEIX Diversifiers

Diamond Hill Short Duration Securitized Bond Fund Class I (DHEIX) Alternatives