ICON FlexibleBondFund (IOBZX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with IOBZX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IOBZX
IOBZX charges 0.76% annually. There are 35 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | IOBZX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | IOBZX vs VMSAX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | IOBZX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | IOBZX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | IOBZX vs MOFIX |
Best Risk-Adjusted Alternatives to IOBZX
IOBZX has a PortfoliosLab risk / return rank of 69. There are 22 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | IOBZX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | IOBZX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | IOBZX vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | IOBZX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 97 | — | Jan 2018 | IOBZX vs CBLDX |
Top Performing IOBZX Alternatives (YTD)
IOBZX is at 1.36% YTD. There are 28 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.36%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 3.36% | — | Jan 2011 | IOBZX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.03% | — | May 2016 | IOBZX vs LFLIX | |
| Nationwide Amundi Strategic Income Fund | 2.37% | — | Nov 2015 | IOBZX vs NWXHX | |
| Eaton Vance Strategic Income Fund Class I | 2.33% | — | Apr 2009 | IOBZX vs ESIIX | |
| Nationwide Strategic Income A | 2.22% | — | Nov 2015 | IOBZX vs NWXEX |
Lowest Volatility Alternatives to IOBZX
IOBZX has 2.03% 1-year volatility. There are 11 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.19% | — | Nov 2015 | IOBZX vs NWXHX | |
| Nationwide Strategic Income A | 1.22% | — | Nov 2015 | IOBZX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | IOBZX vs BWDTX | |
| CrossingBridge Low Duration High Yield Fund | 1.40% | — | Jan 2018 | IOBZX vs CBLDX | |
| Rational Special Situations Income Fund | 1.40% | — | Jul 2019 | IOBZX vs RFXIX |
Lowest Drawdown Alternatives to IOBZX
IOBZX has a 1-year max drawdown of -2.08%. There are 18 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | IOBZX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | IOBZX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | IOBZX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | IOBZX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | IOBZX vs BWDTX |
Other Mutual Funds from ICON Funds
The 5 most viewed ICON Funds mutual funds shown here include ICTEX, ICFSX, IOLZX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ICON Health and Information Technology Fund | Technology Equities | 84 | 30.06% | — | Feb 1997 | IOBZX vs ICTEX | |
| ICON Consumer Select Fund | Financials Equities | 5 | -3.46% | — | Jul 1997 | IOBZX vs ICFSX | |
| ICON Equity Fund | Large Cap Growth Equities | 85 | 30.88% | — | Oct 2002 | IOBZX vs IOLZX | |
| ICON Equity Income Fund | Diversified Portfolio | 75 | 12.75% | — | May 2004 | IOBZX vs IOEZX | |
| ICON Natural Resources and Infrastructure Fund | Energy Equities | 71 | 17.87% | — | May 1997 | IOBZX vs ICBMX |
Often Compared With IOBZX
Investors most often compare IOBZX with EVHY, BUFHX, BND. These 19 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare IOBZX with Any Fund or Stock
Compare IOBZX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IOBZX with funds that move differently
ICON FlexibleBondFund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IOBZX.
Explore IOBZX Diversifiers