Voya Strategic Income Opportunities Fund (IISIX) belongs to the Nontraditional Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with IISIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IISIX
IISIX charges 0.61% annually. There are 7 mutual funds in the Nontraditional Bonds category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | IISIX vs GMODX | |
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | IISIX vs PMOTX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | IISIX vs SUBFX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | IISIX vs FPFIX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | IISIX vs PUTIX |
Best Risk-Adjusted Alternatives to IISIX
IISIX has a PortfoliosLab risk / return rank of 39. There are 54 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | IISIX vs CBYYX | |
| PGIM Securitized Credit Fund | 99 | — | Jun 2019 | IISIX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | IISIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | IISIX vs APFPX | |
| DoubleLine Flexible Income Fund | 98 | — | Apr 2014 | IISIX vs DFLEX |
Top Performing IISIX Alternatives (YTD)
IISIX is at 0.89% YTD. There are 51 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 6.67%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 6.67% | — | Aug 2010 | IISIX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 4.69% | — | Apr 2015 | IISIX vs PMOTX | |
| Anchor Risk Managed Credit Strategies Fund | 4.38% | — | Sep 2015 | IISIX vs ATCSX | |
| Eaton Vance Global Macro Absolute Return Fund | 4.26% | — | Jun 2007 | IISIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 4.00% | — | Mar 2022 | IISIX vs APFPX |
Lowest Volatility Alternatives to IISIX
IISIX has 3.05% 1-year volatility. There are 46 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 1.01%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dunham Long/Short Credit Fund | 1.01% | — | Dec 2004 | IISIX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.23% | — | Jan 2023 | IISIX vs CBYYX | |
| DoubleLine Flexible Income Fund | 1.31% | — | Apr 2014 | IISIX vs DFLEX | |
| GMO Opportunistic Income Fund | 1.35% | — | Oct 2011 | IISIX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.36% | — | Sep 2011 | IISIX vs BGCIX |
Lowest Drawdown Alternatives to IISIX
IISIX has a 1-year max drawdown of -1.91%. There are 27 mutual funds in the Nontraditional Bonds category with shallower 1-year drawdowns, going as shallow as -0.09%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.09% | — | Jan 2023 | IISIX vs CBYYX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | IISIX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | IISIX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | IISIX vs GMODX | |
| PGIM Absolute Return Bond Fund | -0.76% | — | Mar 2011 | IISIX vs PADZX |
Other Mutual Funds from Voya
The 10 most viewed Voya mutual funds shown here include LEXCX, IRLNX, IEDAX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | Large Cap Value Equities | 53 | 18.37% | — | Nov 1935 | IISIX vs LEXCX | |
| Voya Russell Large Cap Growth Index Portfolio | Large Cap Growth Equities | 39 | 9.30% | — | May 2009 | IISIX vs IRLNX | |
| Voya Large Cap Value Fund | Large Cap Value Equities | 37 | 8.93% | — | Dec 2007 | IISIX vs IEDAX | |
| Voya Intermediate Bond Fund | Intermediate Core-Plus Bond | 19 | 0.53% | — | Dec 1998 | IISIX vs IIBAX | |
| Atlas U.S. Tactical Income Fund | Diversified Portfolio | 46 | 0.53% | — | Sep 2015 | IISIX vs ATLAX | |
| Voya International High Dividend Low Volatility Po... | Foreign Large Cap Equities | 33 | 6.84% | — | Jan 2006 | IISIX vs IFTIX | |
| Voya Russell Large Cap Index Portfolio | Large Cap Blend Equities | 75 | 11.09% | — | Mar 2008 | IISIX vs IIRLX | |
| Voya Mid Cap Research Enhanced Index Fund | Mid Cap Blend Equities | 43 | 15.34% | — | Feb 1998 | IISIX vs VYMSX | |
| Voya Emerging Markets Corporate Debt Fund | Emerging Markets Bonds | — | — | — | Aug 2012 | IISIX vs IMCDX | |
| Voya Russell Large Cap Value Index Portfolio | Large Cap Value Equities | 89 | 13.79% | — | May 2009 | IISIX vs IRVIX |
Often Compared With IISIX
Investors most often compare IISIX with AFLIX, RPIEX, TTRZX. These 6 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Anfield Universal Fixed Income Fund | Nontraditional Bonds | 94 | 1.42% | — | Jun 2013 | IISIX vs AFLIX | |
| T. Rowe Price Dynamic Global Bond Fund | Nontraditional Bonds | 18 | 2.75% | — | Jan 2015 | IISIX vs RPIEX | |
| Templeton Global Total Return Fund | Nontraditional Bonds | 20 | 2.36% | — | Sep 2008 | IISIX vs TTRZX | |
| Wavelength Interest Rate Neutral Fund | Nontraditional Bonds | 80 | 3.43% | — | Sep 2013 | IISIX vs WAVLX | |
| Voya High Yield Portfolio | High Yield Bonds | 46 | 1.29% | — | May 2004 | IISIX vs IPHYX | |
| Voya U.S. Stock Index Portfolio | Large Cap Blend Equities | 55 | 11.59% | — | May 2004 | IISIX vs INGIX |
Compare IISIX with Any Fund or Stock
Compare IISIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IISIX with funds that move differently
Voya Strategic Income Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IISIX.
Explore IISIX Diversifiers