MFS Corporate Bond Fund (MFBFX) belongs to the Corporate Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MFBFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MFBFX
MFBFX charges 0.76% annually. There are 31 mutual funds in the Corporate Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Long-Term Corporate Bond Index Fund Insti... | 0.05% | — | Nov 2009 | MFBFX vs VLCIX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 0.05% | — | Nov 2009 | MFBFX vs VSTBX | |
| Vanguard Intermediate-Term Corporate Bond Index Fu... | 0.05% | — | Nov 2009 | MFBFX vs VICBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 0.07% | 49.50B | Nov 2010 | MFBFX vs VSCSX | |
| Vanguard Intermediate-Term Corporate Bond Index Fu... | 0.07% | 68.10B | Mar 2010 | MFBFX vs VICSX |
Best Risk-Adjusted Alternatives to MFBFX
MFBFX has a PortfoliosLab risk / return rank of 25. There are 28 mutual funds in the Corporate Bonds category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Intermediate Bond Fund | 91 | — | Dec 2014 | MFBFX vs MIFIX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 81 | — | Nov 2009 | MFBFX vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 79 | 49.50B | Nov 2010 | MFBFX vs VSCSX | |
| John Hancock Managed Account Shares Investment-Gra... | 47 | — | Jul 2019 | MFBFX vs JMABX | |
| T. Rowe Price Corporate Income Fund | 41 | — | Oct 1995 | MFBFX vs PRPIX |
Top Performing MFBFX Alternatives (YTD)
MFBFX is at 0.61% YTD. There are 17 mutual funds in the Corporate Bonds category with higher YTD returns, going as high as 5.09%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Intermediate Bond Fund | 5.09% | — | Dec 2014 | MFBFX vs MIFIX | |
| Western Asset SMASh Series C Fund | 1.60% | — | Dec 2006 | MFBFX vs LMLCX | |
| Vanguard Long-Term Corporate Bond Index Fund Admir... | 1.12% | 8.60B | Jan 2010 | MFBFX vs VLTCX | |
| Vanguard Long-Term Corporate Bond Index Fund Insti... | 1.11% | — | Nov 2009 | MFBFX vs VLCIX | |
| AB Corporate Income Shares | 0.98% | — | Dec 2006 | MFBFX vs ACISX |
Lowest Volatility Alternatives to MFBFX
MFBFX has 4.15% 1-year volatility. There are 17 mutual funds in the Corporate Bonds category with lower 1-year volatility, going as low as 1.75%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 1.75% | 49.50B | Nov 2010 | MFBFX vs VSCSX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 1.76% | — | Nov 2009 | MFBFX vs VSTBX | |
| LKCM Fixed Income Fund | 2.58% | — | Dec 1997 | MFBFX vs LKFIX | |
| iMGP Dolan McEniry Corporate Bond Fund | 2.90% | — | Sep 2018 | MFBFX vs IDMIX | |
| Miller Intermediate Bond Fund | 3.02% | — | Dec 2014 | MFBFX vs MIFIX |
Lowest Drawdown Alternatives to MFBFX
MFBFX has a 1-year max drawdown of -3.17%. There are 16 mutual funds in the Corporate Bonds category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Corporate Bond Index Fund Inst... | -1.31% | — | Nov 2009 | MFBFX vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | -1.36% | 49.50B | Nov 2010 | MFBFX vs VSCSX | |
| LKCM Fixed Income Fund | -1.76% | — | Dec 1997 | MFBFX vs LKFIX | |
| Federated Hermes Intermediate Corporate Bond Fund | -2.28% | — | Dec 1993 | MFBFX vs FIIFX | |
| iMGP Dolan McEniry Corporate Bond Fund | -2.38% | — | Sep 2018 | MFBFX vs IDMIX |
Other Mutual Funds from MFS
The 10 most viewed MFS mutual funds shown here include MIEIX, MEIKX, MDIJX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MFS International Equity Fund Class R6 | Foreign Large Cap Equities | 10 | 3.08% | — | Jan 1996 | MFBFX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 21 | 3.89% | — | May 2006 | MFBFX vs MEIKX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 35 | 9.58% | — | Sep 2004 | MFBFX vs MDIJX | |
| MFS Value Fund Class I | Large Cap Value Equities | 20 | 3.85% | — | Feb 1996 | MFBFX vs MEIIX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 9 | 0.29% | — | Jan 1935 | MFBFX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 15 | 6.70% | — | Jun 2012 | MFBFX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 14 | 6.65% | — | Jul 1997 | MFBFX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 25 | 6.59% | — | — | MFBFX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 20 | 3.72% | — | Jan 1996 | MFBFX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 40 | 8.02% | — | Jul 1924 | MFBFX vs MITTX |
Often Compared With MFBFX
Investors most often compare MFBFX with MFIOX, MHOIX, VBTLX. These 10 comparison targets span 7 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MFS Income Fund | Intermediate Core-Plus Bond | 30 | 0.63% | — | Oct 1987 | MFBFX vs MFIOX | |
| MFS Global High Yield Fund | High Yield Bonds | 84 | 1.53% | — | Jul 1998 | MFBFX vs MHOIX | |
| Vanguard Total Bond Market Index Fund Admiral Shar... | Total Bond Market | 20 | 0.42% | 389.80B | Nov 2001 | MFBFX vs VBTLX | |
| Fidelity U.S. Bond Index Fund | Total Bond Market | 20 | 0.40% | — | — | MFBFX vs FXNAX | |
| MFS Total Return Fund | Diversified Portfolio | 35 | 2.98% | — | Oct 1970 | MFBFX vs MSFRX | |
| iShares Core S&P 500 ETF | S&P 500 | 75 | 11.70% | 854.92B | May 2000 | MFBFX vs IVV | |
| Fidelity Corporate Bond Fund | Corporate Bonds | 23 | 0.55% | — | May 2010 | MFBFX vs FCBFX | |
| Vanguard Total Stock Market Index Fund Admiral Sha... | Large Cap Blend Equities | 72 | 11.71% | 2.20T | Nov 2000 | MFBFX vs VTSAX | |
| Brandes Separately Managed Account Reserve Trust | Corporate Bonds | 27 | 0.61% | — | Oct 2005 | MFBFX vs SMARX | |
| DFA Intermediate-Term Extended Quality Portfolio F... | Corporate Bonds | 32 | 0.87% | — | Jul 2010 | MFBFX vs DFTEX |
Compare MFBFX with Any Fund or Stock
Compare MFBFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MFBFX with funds that move differently
MFS Corporate Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MFBFX.
Explore MFBFX Diversifiers