RBB Free Market Fixed Income Fund (FMFIX) 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 FMFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FMFIX
FMFIX charges 0.68% annually. There are 89 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 | FMFIX vs VIITX | |
| Vanguard Institutional Short-Term Bond Fund | 0.02% | — | Jun 2015 | FMFIX vs VISTX | |
| Schwab Short-Term Bond Index Fund | 0.06% | — | Feb 2017 | FMFIX vs SWSBX | |
| TIAA-CREF Short-Term Bond Index Fund | 0.09% | — | Aug 2015 | FMFIX vs TNSHX | |
| Vanguard Short-Term Bond Index Fund | 0.15% | — | Mar 1994 | FMFIX vs VBISX |
Best Risk-Adjusted Alternatives to FMFIX
FMFIX has a PortfoliosLab risk / return rank of 70. There are 67 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 | FMFIX vs DHEIX | |
| GuidepathConservative Income Fund | 99 | — | Apr 2018 | FMFIX vs GPICX | |
| DFA Short-Duration Real Return Portfolio | 99 | — | Nov 2013 | FMFIX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 99 | — | Jul 2016 | FMFIX vs DHEAX | |
| DoubleLine Low Duration Bond Fund | 97 | — | Sep 2011 | FMFIX vs DBLSX |
Top Performing FMFIX Alternatives (YTD)
FMFIX is at 1.00% YTD. There are 31 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 | FMFIX vs GPARX | |
| Leader Short Term High Yield Bond Fund | 3.89% | — | Jul 2005 | FMFIX vs LCCMX | |
| DFA Short-Duration Real Return Portfolio | 2.57% | — | Nov 2013 | FMFIX vs DFAIX | |
| Holbrook Income Fund | 2.12% | — | Jul 2016 | FMFIX vs HOBEX | |
| BlackRock Allocation Target Shares Series A Portfo... | 1.87% | — | Sep 2015 | FMFIX vs BATAX |
Lowest Volatility Alternatives to FMFIX
FMFIX has 1.61% 1-year volatility. There are 25 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 | FMFIX vs GPICX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 1.05% | — | Jul 2016 | FMFIX vs DHEIX | |
| DFA Short-Term Extended Quality Portfolio | 1.07% | — | Mar 2009 | FMFIX vs DFEQX | |
| DFA Short-Duration Real Return Portfolio | 1.10% | — | Nov 2013 | FMFIX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 1.11% | — | Jul 2016 | FMFIX vs DHEAX |
Lowest Drawdown Alternatives to FMFIX
FMFIX has a 1-year max drawdown of -1.09%. There are 30 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 | FMFIX vs GPICX | |
| DFA Short-Duration Real Return Portfolio | -0.47% | — | Nov 2013 | FMFIX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | -0.50% | — | Jul 2016 | FMFIX vs DHEAX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | -0.50% | — | Jul 2016 | FMFIX vs DHEIX | |
| Holbrook Income Fund | -0.61% | — | Jul 2016 | FMFIX vs HOBEX |
Other Mutual Funds from RBB Funds
The 2 most viewed RBB Funds mutual funds shown here include FMNEX, FMUEX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| RBB Free Market International Equity Fund | Foreign Small & Mid Cap Equities | 68 | 12.93% | — | Dec 2007 | FMFIX vs FMNEX | |
| RBB Free Market U.S. Equity Fund | Mid Cap Value Equities | 83 | 17.52% | — | Dec 2007 | FMFIX vs FMUEX |
Often Compared With FMFIX
Investors most often compare FMFIX with BIL, FXNAX, STBFX. These 7 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 1.49% | 45.99B | May 2007 | FMFIX vs BIL | |
| Fidelity U.S. Bond Index Fund | Total Bond Market | 23 | 0.40% | — | Mar 1990 | FMFIX vs FXNAX | |
| Sextant Short Term Bond Fund | Short-Term Bond | — | — | — | Sep 1995 | FMFIX vs STBFX | |
| DFA Two-Year Fixed Income Portfolio | Short-Term Bond | 66 | 1.52% | — | Jun 1996 | FMFIX vs DFCFX | |
| Destinations Low Duration Fixed Income Fund | Short-Term Bond | 94 | 1.61% | — | Mar 2017 | FMFIX vs DLDFX | |
| T. Rowe Price Short Duration Income Fund | Short-Term Bond | 96 | 0.90% | — | Dec 2020 | FMFIX vs TSDLX | |
| SEI Asset Allocation Trust Defensive Strategy Fund | Short-Term Bond | 89 | 1.86% | — | Nov 2003 | FMFIX vs SNSAX |
Compare FMFIX with Any Fund or Stock
Compare FMFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FMFIX with funds that move differently
RBB Free Market Fixed Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FMFIX.
Explore FMFIX Diversifiers