Nationwide Bond Index Fund (GBIAX) 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 GBIAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GBIAX
GBIAX charges 0.64% annually. There are 76 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 | GBIAX vs FMBPX | |
| State Street Aggregate Bond Index Portfolio | 0.02% | — | Sep 2014 | GBIAX vs SSAFX | |
| Fisher Investments Institutional Group Fixed Incom... | 0.03% | — | Dec 2019 | GBIAX vs QDIBX | |
| Fisher Investments Institutional Group ESG Fixed I... | 0.04% | — | Dec 2019 | GBIAX vs QDVBX | |
| iShares U.S. Aggregate Bond Index Fund | 0.05% | — | Jul 1993 | GBIAX vs WFBIX |
Best Risk-Adjusted Alternatives to GBIAX
GBIAX has a PortfoliosLab risk / return rank of 14. There are 95 mutual funds in the Intermediate Core Bond category with higher risk-adjusted ranks, going as high as 61.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Hartford Schroders Tax-Aware Bond Fund | 61 | — | Oct 2011 | GBIAX vs STWTX | |
| Loomis Sayles Securitized Asset Fund | 59 | — | Mar 2006 | GBIAX vs LSSAX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | 55 | — | Aug 1995 | GBIAX vs PCGTX | |
| Manning & Napier Credit Series | 44 | — | Apr 2020 | GBIAX vs MCDWX | |
| DFA Diversified Fixed Income Portfolio | 39 | — | Aug 2016 | GBIAX vs DFXIX |
Top Performing GBIAX Alternatives (YTD)
GBIAX is at -0.21% YTD. There are 75 mutual funds in the Intermediate Core Bond category with higher YTD returns, going as high as 2.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PACE Mortgage-Backed Securities Fixed Income Inves... | 2.72% | — | Aug 1995 | GBIAX vs PCGTX | |
| Loomis Sayles Securitized Asset Fund | 1.20% | — | Mar 2006 | GBIAX vs LSSAX | |
| Hartford Schroders Tax-Aware Bond Fund | 1.08% | — | Oct 2011 | GBIAX vs STWTX | |
| DFA Diversified Fixed Income Portfolio | 0.77% | — | Aug 2016 | GBIAX vs DFXIX | |
| Fidelity SAI Investment Grade Securitized Fund | 0.76% | — | May 2023 | GBIAX vs FSMOX |
Lowest Volatility Alternatives to GBIAX
GBIAX has 3.86% 1-year volatility. There are 49 mutual funds in the Intermediate Core Bond category with lower 1-year volatility, going as low as 2.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Education Income Fund | 2.47% | — | Mar 2021 | GBIAX vs FEDUX | |
| Baird Intermediate Bond Fund | 2.49% | — | Sep 2000 | GBIAX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | 2.50% | — | Sep 2000 | GBIAX vs BIMIX | |
| DFA Diversified Fixed Income Portfolio | 2.63% | — | Aug 2016 | GBIAX vs DFXIX | |
| Johnson Institutional Intermediate Bond Fund | 2.73% | — | Aug 2000 | GBIAX vs JIBEX |
Lowest Drawdown Alternatives to GBIAX
GBIAX has a 1-year max drawdown of -3.00%. There are 55 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 | GBIAX vs DFXIX | |
| Fidelity Education Income Fund | -1.72% | — | Mar 2021 | GBIAX vs FEDUX | |
| Baird Intermediate Bond Fund | -1.87% | — | Sep 2000 | GBIAX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | -2.07% | — | Sep 2000 | GBIAX vs BIMIX | |
| Fidelity Intermediate Bond Fund | -2.11% | — | May 1975 | GBIAX vs FTHRX |
Other Mutual Funds from Nationwide
The 10 most viewed Nationwide mutual funds shown here include NWXHX, GRISX, NWJCX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | Multisector Bonds | 99 | 2.57% | — | Nov 2015 | GBIAX vs NWXHX | |
| Nationwide S&P 500 Index Fund | S&P 500 | 63 | 11.15% | — | Nov 1998 | GBIAX vs GRISX | |
| Nationwide NYSE Arca Tech 100 Index Fund | Technology Equities | 75 | 25.94% | — | Jun 1996 | GBIAX vs NWJCX | |
| Nationwide Strategic Income A | Multisector Bonds | 99 | 2.53% | — | Nov 2015 | GBIAX vs NWXEX | |
| Nationwide GQG US Quality Equity Fund | Large Cap Blend Equities | 7 | 5.60% | — | Jan 2021 | GBIAX vs NWAUX | |
| Nationwide Bailard Technology and Science Fund | Technology Equities | 27 | 21.38% | — | May 2001 | GBIAX vs NWHQX | |
| Nationwide International Index Fund | Foreign Large Cap Equities | 34 | 9.90% | — | Dec 1999 | GBIAX vs GIIAX | |
| Nationwide Small Cap Index Fund | Small Cap Blend Equities | 62 | 20.34% | — | Dec 1999 | GBIAX vs GMRAX | |
| Nationwide Geneva Mid Cap Growth Fund | Mid Cap Growth Equities | 1 | -2.15% | — | Jan 1999 | GBIAX vs NWHVX | |
| Nationwide Mid Cap Market Index Fund | Mid Cap Blend Equities | 38 | 14.87% | — | Dec 1999 | GBIAX vs GMXAX |
Often Compared With GBIAX
Investors most often compare GBIAX with NADCX, NDMAX, CORP. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare GBIAX with Any Fund or Stock
Compare GBIAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GBIAX with funds that move differently
Nationwide Bond Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GBIAX.
Explore GBIAX Diversifiers