JPMorgan Government Bond Fund (HLGAX) belongs to the Government Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with HLGAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HLGAX
HLGAX charges 0.47% annually. There are 43 mutual funds in the Government Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.01% | — | Mar 2009 | HLGAX vs GUSTX | |
| Fidelity SAI U.S. Treasury Bond Index Fund | 0.03% | — | Mar 2016 | HLGAX vs FUTBX | |
| Fidelity Long-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | HLGAX vs FNBGX | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | HLGAX vs FUMBX | |
| Fidelity SAI Long-Term Treasury Bond Index Fund | 0.03% | — | Oct 2015 | HLGAX vs FBLTX |
Best Risk-Adjusted Alternatives to HLGAX
HLGAX has a PortfoliosLab risk / return rank of 13. There are 68 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Adjustable Rate Fund | 99 | — | Dec 1985 | HLGAX vs FEUGX | |
| GMO U.S. Treasury Fund | 99 | — | Mar 2009 | HLGAX vs GUSTX | |
| Integrity Short Term Government Fund | 87 | — | Jun 2011 | HLGAX vs MDSIX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 84 | — | Aug 2010 | HLGAX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 82 | 33.90B | Dec 2009 | HLGAX vs VSBSX |
Top Performing HLGAX Alternatives (YTD)
HLGAX is at -0.28% YTD. There are 72 mutual funds in the Government Bonds category with higher YTD returns, going as high as 2.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Emerging Markets Government Bond Index Fu... | 2.03% | 6.60B | Feb 2015 | HLGAX vs VGIVX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 1.96% | 6.60B | May 2013 | HLGAX vs VGAVX | |
| Integrity Short Term Government Fund | 1.88% | — | Jun 2011 | HLGAX vs MDSIX | |
| Federated Hermes Adjustable Rate Fund | 1.82% | — | Dec 1985 | HLGAX vs FEUGX | |
| DFA Short-Term Government Portfolio | 1.38% | — | May 1987 | HLGAX vs DFFGX |
Lowest Volatility Alternatives to HLGAX
HLGAX has 3.72% 1-year volatility. There are 38 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 1.24%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 1.24% | — | Mar 2009 | HLGAX vs GUSTX | |
| DFA Short-Term Government Portfolio | 1.26% | — | May 1987 | HLGAX vs DFFGX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 1.31% | — | Aug 2010 | HLGAX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 1.31% | 33.90B | Dec 2009 | HLGAX vs VSBSX | |
| Federated Hermes Adjustable Rate Fund | 1.41% | — | Dec 1985 | HLGAX vs FEUGX |
Lowest Drawdown Alternatives to HLGAX
HLGAX has a 1-year max drawdown of -3.32%. There are 64 mutual funds in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | -0.20% | — | Mar 2009 | HLGAX vs GUSTX | |
| Federated Hermes Adjustable Rate Fund | -0.32% | — | Dec 1985 | HLGAX vs FEUGX | |
| Davis Government Bond Fund | -0.77% | — | Nov 1994 | HLGAX vs RFBAX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | -0.81% | — | Aug 2010 | HLGAX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | -0.84% | 33.90B | Dec 2009 | HLGAX vs VSBSX |
Other Mutual Funds from JPMorgan
The 10 most viewed JPMorgan mutual funds shown here include JLGMX, SEEGX, OLGAX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| JPMorgan Large Cap Growth Fund Class R6 | Large Cap Growth Equities | 18 | 6.63% | — | Nov 2010 | HLGAX vs JLGMX | |
| JPMorgan Large Cap Growth Fund | Large Cap Growth Equities | 18 | 6.49% | — | Feb 1992 | HLGAX vs SEEGX | |
| JPMorgan Large Cap Growth Fund Class A | Large Cap Growth Equities | 17 | 6.37% | — | Feb 1994 | HLGAX vs OLGAX | |
| JPMorgan Equity Premium Income Fund Class I | Derivative Income, Large Cap Blend Equities | 15 | 0.90% | — | Aug 2018 | HLGAX vs JEPIX | |
| JPMorgan Equity Income Fund R6 | Large Cap Value Equities, Dividend | 80 | 13.03% | — | Jul 1987 | HLGAX vs OIEJX | |
| JPMorgan Hedged Equity Fund Class I | Hedge Fund | 13 | -1.68% | — | Dec 2013 | HLGAX vs JHEQX | |
| JPMorgan Income Fund | Multisector Bonds | 78 | 0.99% | — | Jun 2014 | HLGAX vs JMSIX | |
| JPMorgan U.S. Equity Fund R6 | Large Cap Blend Equities | 28 | 4.58% | — | Sep 1993 | HLGAX vs JUEMX | |
| JPMorgan Equity Premium Income Fund Class A | Derivative Income, Dividend | 14 | 0.86% | — | Aug 2018 | HLGAX vs JEPAX | |
| JPMorgan Growth Advantage Fund | Large Cap Growth Equities | 15 | 3.79% | — | Oct 1999 | HLGAX vs VHIAX |
Often Compared With HLGAX
Investors most often compare HLGAX with PIMIX, SGINX, BGNMX. These 11 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Income Fund Institutional Class | Multisector Bonds | 42 | 0.72% | — | Mar 2007 | HLGAX vs PIMIX | |
| DWS GNMA Fund | Government Bonds | 22 | -0.30% | — | Jul 2000 | HLGAX vs SGINX | |
| American Century Ginnie Mae Fund | Government Bonds | 25 | 0.51% | 343.63M | Sep 1985 | HLGAX vs BGNMX | |
| Fidelity GNMA Fund | Government Bonds | 35 | 0.89% | — | Nov 1985 | HLGAX vs FGMNX | |
| DoubleLine Long Duration Total Return Bond Fund | Government Bonds | 7 | 0.46% | — | Dec 2014 | HLGAX vs DBLDX | |
| SEI Daily Income Trust GNMA Fund | Government Bonds | 25 | 0.55% | — | Mar 1987 | HLGAX vs SEGMX | |
| PIMCO GNMA and Government Securities Fund | Government Bonds | 26 | 0.80% | — | Jul 1997 | HLGAX vs PDMIX | |
| T. Rowe Price GNMA Fund | Government Bonds | 39 | 0.69% | — | Nov 1985 | HLGAX vs PRGMX | |
| PIMCO Extended Duration Fund | Government Bonds | 6 | 0.85% | — | Aug 2006 | HLGAX vs PEDIX | |
| Fidelity Intermediate Treasury Bond Index Fund | Government Bonds | 9 | -0.78% | — | — | HLGAX vs FUAMX | |
| Vanguard GNMA Fund Admiral Shares | Government Bonds | 30 | 0.72% | 11.00B | Feb 2001 | HLGAX vs VFIJX |
Compare HLGAX with Any Fund or Stock
Compare HLGAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HLGAX with funds that move differently
JPMorgan Government Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HLGAX.
Explore HLGAX Diversifiers