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 | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | IISIX vs PUTIX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | IISIX vs FPFIX |
Best Risk-Adjusted Alternatives to IISIX
IISIX has a PortfoliosLab risk / return rank of 35. There are 52 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 100 | — | Jul 2021 | IISIX vs CELFX | |
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | IISIX vs CBYYX | |
| PGIM Securitized Credit Fund | 100 | — | 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 |
Top Performing IISIX Alternatives (YTD)
IISIX is at 0.73% YTD. There are 48 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 8.64%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 8.64% | — | Aug 2010 | IISIX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 5.66% | — | Apr 2015 | IISIX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 5.42% | — | Jun 2007 | IISIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 5.21% | — | Mar 2022 | IISIX vs APFPX | |
| Cliffwater Enhanced Lending Fund | 4.46% | — | Jul 2021 | IISIX vs CELFX |
Lowest Volatility Alternatives to IISIX
IISIX has 3.15% 1-year volatility. There are 49 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 0.85% | — | Jul 2021 | IISIX vs CELFX | |
| Dunham Long/Short Credit Fund | 1.00% | — | Dec 2004 | IISIX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.20% | — | Jan 2023 | IISIX vs CBYYX | |
| GMO Opportunistic Income Fund | 1.32% | — | 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 26 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 | |
| Cliffwater Enhanced Lending Fund | -0.18% | — | Jul 2021 | IISIX vs CELFX | |
| 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 |
Other Mutual Funds from Voya
The 10 most viewed Voya mutual funds shown here include LEXCX, IRLNX, IEDAX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | Large Cap Value Equities | 93 | 29.09% | — | Nov 1935 | IISIX vs LEXCX | |
| Voya Russell Large Cap Growth Index Portfolio | Large Cap Growth Equities | 12 | -0.43% | — | May 2009 | IISIX vs IRLNX | |
| Voya Large Cap Value Fund | Large Cap Value Equities | 57 | 11.24% | — | Dec 2007 | IISIX vs IEDAX | |
| Voya Intermediate Bond Fund | Intermediate Core-Plus Bond | 14 | -0.71% | — | Dec 1998 | IISIX vs IIBAX | |
| Voya Russell Large Cap Index Portfolio | Large Cap Blend Equities | 51 | 7.81% | — | Mar 2008 | IISIX vs IIRLX | |
| Voya Emerging Markets Corporate Debt Fund | Emerging Markets Bonds | — | — | — | Aug 2012 | IISIX vs IMCDX | |
| Atlas U.S. Tactical Income Fund | Diversified Portfolio | 33 | 0.37% | — | Sep 2015 | IISIX vs ATLAX | |
| Voya Russell Large Cap Value Index Portfolio | Large Cap Value Equities | 96 | 19.97% | — | May 2009 | IISIX vs IRVIX | |
| Voya International High Dividend Low Volatility Po... | Foreign Large Cap Equities, Low Volatility | 89 | 15.40% | — | Jan 2006 | IISIX vs IFTIX | |
| Voya High Yield Portfolio | High Yield Bonds | 44 | 0.59% | — | May 2004 | IISIX vs IPHYX |
Often Compared With IISIX
Investors most often compare IISIX with AFLIX, DFLEX, WAVLX. These 10 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Anfield Universal Fixed Income Fund | Nontraditional Bonds | 95 | 1.49% | — | Jun 2013 | IISIX vs AFLIX | |
| DoubleLine Flexible Income Fund | Nontraditional Bonds | 98 | 1.97% | — | Apr 2014 | IISIX vs DFLEX | |
| Wavelength Fund | Nontraditional Bonds | 63 | 1.96% | — | Sep 2013 | IISIX vs WAVLX | |
| T. Rowe Price Dynamic Global Bond Fund | Nontraditional Bonds | 19 | 3.33% | — | Jan 2015 | IISIX vs RPIEX | |
| Voya U.S. Stock Index Portfolio | Large Cap Blend Equities | 43 | 9.47% | — | May 2004 | IISIX vs INGIX | |
| PGIM Absolute Return Bond Fund | Nontraditional Bonds | 97 | 2.45% | — | Mar 2011 | IISIX vs PADZX | |
| Baird Core Plus Bond Fund | Intermediate Core-Plus Bond | 26 | -0.21% | — | Sep 2000 | IISIX vs BCOIX | |
| Voya Mid Cap Research Enhanced Index Fund | Mid Cap Blend Equities | 58 | 17.08% | — | Feb 1998 | IISIX vs VYMSX | |
| Templeton Global Total Return Fund | Nontraditional Bonds | 47 | 4.29% | — | Sep 2008 | IISIX vs TTRZX | |
| Anchor Risk Managed Income Strategies Fund | Nontraditional Bonds | 10 | -0.58% | — | Sep 2015 | IISIX vs ATCSX |
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