Federated Hermes International Bond Strategy Portfolio (FIBPX) belongs to the Global Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FIBPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FIBPX
FIBPX charges 0.00% annually. No mutual funds in the Global Bonds category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.06%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity International Bond Index Fund | 0.06% | — | Oct 2019 | FIBPX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | FIBPX vs VTILX | |
| Vanguard Total International Bond Index Fund Admir... | 0.10% | 122.00B | May 2013 | FIBPX vs VTABX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | FIBPX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | FIBPX vs VTIBX |
Best Risk-Adjusted Alternatives to FIBPX
FIBPX has a PortfoliosLab risk / return rank of 14. There are 34 mutual funds in the Global Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | 98 | — | Mar 2017 | FIBPX vs DGFFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 91 | — | Dec 2008 | FIBPX vs PRSNX | |
| Eaton Vance Global Bond Fund | 90 | — | Jun 2007 | FIBPX vs EAIIX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 81 | — | Jan 2008 | FIBPX vs DFSHX | |
| Payden Global Low Duration Fund | 77 | — | Sep 1996 | FIBPX vs PYGSX |
Top Performing FIBPX Alternatives (YTD)
FIBPX is at 1.10% YTD. There are 28 mutual funds in the Global Bonds category with higher YTD returns, going as high as 3.45%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 3.45% | — | Jun 2007 | FIBPX vs EAIIX | |
| Dunham International Opportunity Bond Fund | 3.27% | — | Oct 2013 | FIBPX vs DAIOX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.77% | — | Mar 2017 | FIBPX vs DGFFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 1.92% | — | Dec 2008 | FIBPX vs PRSNX | |
| DFA Two Year Global Fixed Income Portfolio | 1.80% | — | Feb 1996 | FIBPX vs DFGFX |
Lowest Volatility Alternatives to FIBPX
FIBPX has 5.42% 1-year volatility. There are 56 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 1.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Payden Global Low Duration Fund | 1.55% | — | Sep 1996 | FIBPX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.59% | — | Jan 2008 | FIBPX vs DFSHX | |
| DFA Two Year Global Fixed Income Portfolio | 1.59% | — | Feb 1996 | FIBPX vs DFGFX | |
| DFA Five Year Global Fixed Income Portfolio | 1.89% | — | Nov 1990 | FIBPX vs DFGBX | |
| SA Global Fixed Income Fund | 1.98% | — | Jul 1999 | FIBPX vs SAXIX |
Lowest Drawdown Alternatives to FIBPX
FIBPX has a 1-year max drawdown of -4.82%. There are 58 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -1.19%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | FIBPX vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | FIBPX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | FIBPX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | FIBPX vs DFGBX | |
| DFA Two Year Global Fixed Income Portfolio | -1.41% | — | Feb 1996 | FIBPX vs DFGFX |
Other Mutual Funds from Federated
The 10 most viewed Federated mutual funds shown here include SVAIX, QILGX, QAMNX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | Large Cap Value Equities | 78 | 8.76% | — | Mar 2005 | FIBPX vs SVAIX | |
| Federated Hermes MDT Large Cap Growth Fund | Large Cap Growth Equities | 22 | 5.22% | — | Sep 2005 | FIBPX vs QILGX | |
| Federated Hermes MDT Market Neutral A | Long-Short | 6 | -1.55% | — | Sep 2008 | FIBPX vs QAMNX | |
| Federated Hermes Kaufmann Fd | Mid Cap Growth Equities | 15 | 9.43% | — | Feb 1986 | FIBPX vs KAUFX | |
| Federated Hermes MDT All Cap Core Fund | Large Cap Blend Equities | 47 | 5.92% | — | Oct 2002 | FIBPX vs QIACX | |
| Federated Hermes MDT Mid Cap Growth Fund | Mid Cap Growth Equities | 4 | -0.33% | — | Aug 1984 | FIBPX vs FGSAX | |
| Federated Hermes High-Yield Strategy Portfolio | High Yield Bonds | 69 | 1.19% | — | Dec 2008 | FIBPX vs FHYSX | |
| Federated Hermes Prudent Bear Fd | Inverse Equities | 0 | -7.92% | — | Dec 1995 | FIBPX vs BEARX | |
| Federated Hermes Institutional High Yield Bond Fun... | High Yield Bonds | 65 | 1.16% | — | Nov 2002 | FIBPX vs FIHBX | |
| Federated Hermes Opportunistic High Yield Bond Fun... | High Yield Bonds | 55 | 1.34% | — | Aug 1984 | FIBPX vs FHYTX |
Often Compared With FIBPX
Investors most often compare FIBPX with EELDX, UDBPX, TNBMX. These 8 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Eaton Vance Emerging Markets Debt Opportunities Fu... | Emerging Markets Bonds | 98 | 7.53% | — | Feb 2013 | FIBPX vs EELDX | |
| UBS Sustainable Development Bank Bond Fund | Global Bonds | 18 | 0.16% | — | Oct 2018 | FIBPX vs UDBPX | |
| T. Rowe Price International Bond Fund (USD Hedged) | Global Bonds | 44 | 1.21% | — | Sep 2017 | FIBPX vs TNBMX | |
| Federated Hermes International Small-Mid Company F... | Foreign Small & Mid Cap Equities | 37 | 10.83% | — | Feb 1996 | FIBPX vs ISCAX | |
| Templeton Global Bond Fund - Class R | Global Bonds | 9 | 1.20% | — | Feb 2009 | FIBPX vs FGBRX | |
| Templeton Global Bond Fund | Global Bonds | 9 | 1.28% | — | Sep 1986 | FIBPX vs TPINX | |
| BrandywineGLOBAL - Global Opportunities Bond Fund | Global Bonds | 8 | 1.75% | — | Oct 2006 | FIBPX vs GOBSX | |
| Dodge & Cox Global Bond Fund | Global Bonds | 28 | 1.25% | — | May 2014 | FIBPX vs DOXLX |
Compare FIBPX with Any Fund or Stock
Compare FIBPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FIBPX with funds that move differently
Federated Hermes International Bond Strategy Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FIBPX.
Explore FIBPX Diversifiers