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 94 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 | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | FMFIX vs FUMBX | |
| Schwab Short-Term Bond Index Fund | 0.06% | — | Feb 2017 | FMFIX vs SWSBX | |
| Vanguard Short-Term Bond Index Fund Admiral Shares | 0.06% | 69.90B | Nov 2001 | FMFIX vs VBIRX |
Best Risk-Adjusted Alternatives to FMFIX
FMFIX has a PortfoliosLab risk / return rank of 60. There are 69 mutual funds in the Short-Term Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | 100 | — | Jun 1996 | FMFIX vs DFCFX | |
| GuidepathConservative Income Fund | 99 | — | Apr 2018 | FMFIX vs GPICX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 99 | — | Jul 2016 | FMFIX vs DHEIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 99 | — | Jul 2016 | FMFIX vs DHEAX | |
| Destinations Low Duration Fixed Income Fund | 98 | — | Mar 2017 | FMFIX vs DLDFX |
Top Performing FMFIX Alternatives (YTD)
FMFIX is at 1.05% YTD. There are 43 mutual funds in the Short-Term Bond category with higher YTD returns, going as high as 7.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Absolute Return Allocation Fund | 7.99% | — | Apr 2011 | FMFIX vs GPARX | |
| Leader Short Term High Yield Bond Fund | 3.90% | — | Jul 2005 | FMFIX vs LCCMX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 2.50% | — | Jul 2016 | FMFIX vs DHEIX | |
| DFA Short-Duration Real Return Portfolio | 2.38% | — | Nov 2013 | FMFIX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 2.33% | — | Jul 2016 | FMFIX vs DHEAX |
Lowest Volatility Alternatives to FMFIX
FMFIX has 1.63% 1-year volatility. There are 28 mutual funds in the Short-Term Bond category with lower 1-year volatility, going as low as 0.73%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | 0.73% | — | Jun 1996 | FMFIX vs DFCFX | |
| GuidepathConservative Income Fund | 0.79% | — | Apr 2018 | FMFIX vs GPICX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 1.04% | — | Jul 2016 | FMFIX vs DHEIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 1.09% | — | Jul 2016 | FMFIX vs DHEAX | |
| DFA Short-Term Extended Quality Portfolio | 1.14% | — | Mar 2009 | FMFIX vs DFEQX |
Lowest Drawdown Alternatives to FMFIX
FMFIX has a 1-year max drawdown of -1.09%. There are 31 mutual funds in the Short-Term Bond category with shallower 1-year drawdowns, going as shallow as -0.21%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | -0.21% | — | Jun 1996 | FMFIX vs DFCFX | |
| 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 |
Other Mutual Funds from RBB Fund
The 2 most viewed RBB Fund 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 | 80 | 13.13% | — | Dec 2007 | FMFIX vs FMNEX | |
| RBB Free Market U.S. Equity Fund | Mid Cap Value Equities | 94 | 21.40% | — | Dec 2007 | FMFIX vs FMUEX |
Often Compared With FMFIX
Investors most often compare FMFIX with BIL, FXNAX, STBFX. These 13 comparison targets span 4 categories, based on PortfoliosLab usage data.
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