JPMorgan Managed Income Fund (JMGIX) belongs to the Ultrashort Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with JMGIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JMGIX
JMGIX charges 0.25% annually. There are 11 mutual funds in the Ultrashort Bond category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Conservative Microshort Fund | 0.05% | — | Feb 2021 | JMGIX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | JMGIX vs DFIHX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | JMGIX vs CUTAX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | JMGIX vs BUBIX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | JMGIX vs DFYGX |
Best Risk-Adjusted Alternatives to JMGIX
JMGIX has a PortfoliosLab risk / return rank of 97. There are 44 mutual funds in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | JMGIX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | JMGIX vs BUBSX | |
| Baird Ultra Short Bond Fund Institutional Class | 100 | — | Dec 2013 | JMGIX vs BUBIX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | JMGIX vs PAIPX | |
| SEI Institutional Investments Trust Opportunistic ... | 100 | — | Dec 2006 | JMGIX vs ENIAX |
Top Performing JMGIX Alternatives (YTD)
JMGIX is at 1.37% YTD. There are 40 mutual funds in the Ultrashort Bond category with higher YTD returns, going as high as 2.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Semper Short Duration Fund | 2.15% | — | Dec 2010 | JMGIX vs SEMRX | |
| PIMCO Short Term Fund | 1.92% | — | Oct 1987 | JMGIX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 1.80% | — | May 2012 | JMGIX vs PAIPX | |
| Pioneer Multi-Asset Ultrashort Income Fund | 1.73% | — | Apr 2011 | JMGIX vs MYFRX | |
| Columbia Ultra Short Term Bond Fund | 1.69% | — | Mar 2004 | JMGIX vs CMGUX |
Lowest Volatility Alternatives to JMGIX
JMGIX has 1.38% 1-year volatility. There are 31 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.56% | — | Mar 2017 | JMGIX vs TMPFX | |
| Baird Ultra Short Bond Fund | 0.62% | — | Dec 2013 | JMGIX vs BUBSX | |
| Navigator Ultra Short Term Bond Fund | 0.63% | — | Mar 2019 | JMGIX vs NUSIX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.68% | — | Sep 1987 | JMGIX vs PRTBX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.70% | — | Dec 2013 | JMGIX vs BUBIX |
Lowest Drawdown Alternatives to JMGIX
JMGIX has a 1-year max drawdown of -0.40%. There are 32 mutual funds in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| U.S. Global Investors U.S. Government Ultra-Short ... | 0.00% | — | Dec 2013 | JMGIX vs UGSDX | |
| Tactical Multi-Purpose Fund | 0.00% | — | Mar 2017 | JMGIX vs TMPFX | |
| PIMCO Short Asset Investment Fund | -0.10% | — | May 2012 | JMGIX vs PAIPX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | JMGIX vs FHQFX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | -0.10% | — | Apr 2016 | JMGIX vs MUIIX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include NASDX, VFAIX, VTMFX and span 10 categories. AUM among these funds goes as high as $29B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Shelton Capital Management Nasdaq-100 Index Fund D... | Large Cap Growth Equities | 75 | 21.38% | — | Jan 2000 | JMGIX vs NASDX | |
| Vanguard Financials Index Fund Admiral Shares | Financials Equities | 4 | -5.08% | 13.70B | Feb 2004 | JMGIX vs VFAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | Diversified Portfolio | 81 | 6.03% | 11.90B | Sep 1994 | JMGIX vs VTMFX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | Large Cap Blend Equities | 70 | 11.31% | 28.60B | Sep 1994 | JMGIX vs VTCLX | |
| iShares S&P 500 Index Fund | S&P 500 | 73 | 11.69% | — | Jul 1993 | JMGIX vs WFSPX | |
| BlackRock ESG Capital Allocation Term Trust | Derivative Income, ESG | 28 | 11.23% | — | Sep 2021 | JMGIX vs ECAT | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 69 | 13.10% | — | May 2011 | JMGIX vs LIVIX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 92 | 12.48% | — | Dec 2012 | JMGIX vs BDMIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.93% | — | Dec 1991 | JMGIX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 67 | 15.25% | — | Jul 2010 | JMGIX vs ASFYX |
Often Compared With JMGIX
Investors most often compare JMGIX with VIMAX, SADIX, VOO. These 14 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare JMGIX with Any Fund or Stock
Compare JMGIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JMGIX with funds that move differently
JPMorgan Managed Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JMGIX.
Explore JMGIX Diversifiers