HLGAX Alternatives & Similar Mutual Funds

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
GUSTX	GMO U.S. Treasury Fund	0.01%	—	Mar 2009	HLGAX vs GUSTX
FUAMX	Fidelity Intermediate Treasury Bond Index Fund	0.03%	—	Dec 2005	HLGAX vs FUAMX
FBLTX	Fidelity SAI Long-Term Treasury Bond Index Fund	0.03%	—	Oct 2015	HLGAX vs FBLTX
FUMBX	Fidelity Short-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	HLGAX vs FUMBX
FUTBX	Fidelity SAI U.S. Treasury Bond Index Fund	0.03%	—	Mar 2016	HLGAX vs FUTBX

Best Risk-Adjusted Alternatives to HLGAX

HLGAX has a PortfoliosLab risk / return rank of 14. There are 74 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
DFFGX	DFA Short-Term Government Portfolio	99	1.81B	May 1987	HLGAX vs DFFGX
FEUGX	Federated Hermes Adjustable Rate Fund	99	—	Dec 1985	HLGAX vs FEUGX
GUSTX	GMO U.S. Treasury Fund	99	—	Mar 2009	HLGAX vs GUSTX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	94	—	Aug 2010	HLGAX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	93	33.80B	Dec 2009	HLGAX vs VSBSX

Top Performing HLGAX Alternatives (YTD)

HLGAX is at -0.99% YTD. There are 71 mutual funds in the Government Bonds category with higher YTD returns, going as high as 1.94%.

Symbol	Name	YTD Return	AUM	Inception
FEUGX	Federated Hermes Adjustable Rate Fund	1.94%	—	Dec 1985	HLGAX vs FEUGX
DFFGX	DFA Short-Term Government Portfolio	1.79%	1.81B	May 1987	HLGAX vs DFFGX
MDSIX	Integrity Short Term Government Fund	1.60%	—	Jun 2011	HLGAX vs MDSIX
GUSTX	GMO U.S. Treasury Fund	1.59%	—	Mar 2009	HLGAX vs GUSTX
RFBAX	Davis Government Bond Fund	1.14%	—	Nov 1994	HLGAX vs RFBAX

Lowest Volatility Alternatives to HLGAX

HLGAX has 3.70% 1-year volatility. There are 44 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 0.81%.

Symbol	Name	Volatility 1Y	AUM	Inception
DFFGX	DFA Short-Term Government Portfolio	0.81%	1.81B	May 1987	HLGAX vs DFFGX
GUSTX	GMO U.S. Treasury Fund	1.27%	—	Mar 2009	HLGAX vs GUSTX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	1.30%	33.80B	Dec 2009	HLGAX vs VSBSX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	1.30%	—	Aug 2010	HLGAX vs VSBIX
FEUGX	Federated Hermes Adjustable Rate Fund	1.37%	—	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
GUSTX	GMO U.S. Treasury Fund	-0.20%	—	Mar 2009	HLGAX vs GUSTX
DFFGX	DFA Short-Term Government Portfolio	-0.30%	1.81B	May 1987	HLGAX vs DFFGX
FEUGX	Federated Hermes Adjustable Rate Fund	-0.32%	—	Dec 1985	HLGAX vs FEUGX
RFBAX	Davis Government Bond Fund	-0.77%	—	Nov 1994	HLGAX vs RFBAX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	-0.81%	—	Aug 2010	HLGAX vs VSBIX

Other Mutual Funds from JPMorgan

The 10 most viewed JPMorgan mutual funds shown here include JLGMX, SEEGX, OLGAX and span 10 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
JLGMX	JPMorgan Large Cap Growth Fund Class R6	Large Cap Growth Equities	8	-1.77%	—	Nov 2010	HLGAX vs JLGMX
SEEGX	JPMorgan Large Cap Growth Fund	Large Cap Growth Equities	7	-1.92%	—	Feb 1992	HLGAX vs SEEGX
OLGAX	JPMorgan Large Cap Growth Fund Class A	Large Cap Growth Equities	7	-2.05%	—	Feb 1994	HLGAX vs OLGAX
JEPIX	JPMorgan Equity Premium Income Fund Class I	Derivative Income, Large Cap Blend Equities	31	3.44%	—	Aug 2018	HLGAX vs JEPIX
OIEJX	JPMorgan Equity Income Fund R6	Large Cap Value Equities, Dividend	89	15.85%	—	Jul 1987	HLGAX vs OIEJX
JHEQX	JPMorgan Hedged Equity Fund Class I	Equity Hedged	16	-1.20%	—	Dec 2013	HLGAX vs JHEQX
JMSIX	JPMorgan Income Fund Class I	Multisector Bonds, Investment Grade Bonds, High Yield Bonds, Actively Managed	87	1.12%	—	Jun 2014	HLGAX vs JMSIX
JUEMX	JPMorgan U.S. Equity Fund R6	Large Cap Blend Equities	19	3.10%	—	Sep 1993	HLGAX vs JUEMX
JEPAX	JPMorgan Equity Premium Income Fund Class A	Derivative Income, Dividend	29	3.38%	—	Aug 2018	HLGAX vs JEPAX
VHIAX	JPMorgan Growth Advantage Fund	Large Cap Growth Equities	8	-1.70%	—	Oct 1999	HLGAX vs VHIAX

Often Compared With HLGAX

Investors most often compare HLGAX with PIMIX, SGINX, BGNMX. These 14 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PIMIX	PIMCO Income Fund Institutional Class	Multisector Bonds	52	0.23%	—	Mar 2007	HLGAX vs PIMIX
SGINX	DWS GNMA Fund	Government Bonds	19	-0.91%	—	Jul 2000	HLGAX vs SGINX
BGNMX	American Century Ginnie Mae Fund	Government Bonds	27	-0.17%	343.63M	Sep 1985	HLGAX vs BGNMX
FGMNX	Fidelity GNMA Fund	Government Bonds	46	0.41%	—	Nov 1985	HLGAX vs FGMNX
DBLDX	DoubleLine Long Duration Total Return Bond Fund	Government Bonds	6	-2.22%	—	Dec 2014	HLGAX vs DBLDX
PDMIX	PIMCO GNMA and Government Securities Fund	Government Bonds	31	0.08%	—	Jul 1997	HLGAX vs PDMIX
PEDIX	PIMCO Extended Duration Fund	Government Bonds	3	-5.53%	—	Aug 2006	HLGAX vs PEDIX
SEGMX	SEI Daily Income Trust GNMA Fund	Government Bonds	25	-0.22%	—	Mar 1987	HLGAX vs SEGMX
VGIVX	Vanguard Emerging Markets Government Bond Index Fu...	Government Bonds	59	0.48%	6.80B	Feb 2015	HLGAX vs VGIVX
PRGMX	T. Rowe Price GNMA Fund	Government Bonds	42	0.01%	—	Nov 1985	HLGAX vs PRGMX
FNBGX	Fidelity Long-Term Treasury Bond Index Fund	Government Bonds	5	-2.94%	—	Dec 2005	HLGAX vs FNBGX
VGAVX	Vanguard Emerging Markets Government Bond Index Fu...	Government Bonds	59	0.37%	6.80B	May 2013	HLGAX vs VGAVX
VFIJX	Vanguard GNMA Fund Admiral Shares	Government Bonds	37	0.18%	10.90B	Feb 2001	HLGAX vs VFIJX
VEDTX	Vanguard Extended Duration Treasury Index Fund	Government Bonds	3	-5.74%	—	Nov 2007	HLGAX vs VEDTX

Compare HLGAX with Any Fund or Stock

Compare HLGAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

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

JPMorgan Government Bond Fund (HLGAX) Alternatives