Praxis Impact Bond Fund (MIIAX) belongs to the Intermediate Core Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MIIAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MIIAX
MIIAX charges 0.88% annually. There are 102 mutual funds in the Intermediate Core Bond category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Mortgage Strategy Portfolio | 0.02% | — | Dec 2007 | MIIAX vs FMBPX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.02% | 398.10B | Feb 2010 | MIIAX vs VBMPX | |
| State Street Aggregate Bond Index Portfolio | 0.02% | — | Sep 2014 | MIIAX vs SSAFX | |
| Fisher Investments Institutional Group Fixed Incom... | 0.03% | — | Dec 2019 | MIIAX vs QDIBX | |
| Fisher Investments Institutional Group ESG Fixed I... | 0.04% | — | Dec 2019 | MIIAX vs QDVBX |
Best Risk-Adjusted Alternatives to MIIAX
MIIAX has a PortfoliosLab risk / return rank of 17. There are 81 mutual funds in the Intermediate Core Bond category with higher risk-adjusted ranks, going as high as 65.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard California Intermediate-Term Tax-Exempt F... | 65 | 19.40B | Mar 1994 | MIIAX vs VCAIX | |
| Hartford Schroders Tax-Aware Bond Fund | 64 | — | Oct 2011 | MIIAX vs STWTX | |
| Loomis Sayles Securitized Asset Fund | 64 | — | Mar 2006 | MIIAX vs LSSAX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | 58 | — | Aug 1995 | MIIAX vs PCGTX | |
| Manning & Napier Credit Series | 50 | — | Apr 2020 | MIIAX vs MCDWX |
Top Performing MIIAX Alternatives (YTD)
MIIAX is at -0.56% YTD. There are 45 mutual funds in the Intermediate Core Bond category with higher YTD returns, going as high as 2.13%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PACE Mortgage-Backed Securities Fixed Income Inves... | 2.13% | — | Aug 1995 | MIIAX vs PCGTX | |
| Loomis Sayles Securitized Asset Fund | 0.81% | — | Mar 2006 | MIIAX vs LSSAX | |
| DFA Diversified Fixed Income Portfolio | 0.66% | — | Aug 2016 | MIIAX vs DFXIX | |
| Manning & Napier Credit Series | 0.57% | — | Apr 2020 | MIIAX vs MCDWX | |
| Fidelity SAI Investment Grade Securitized Fund | 0.15% | — | May 2023 | MIIAX vs FSMOX |
Lowest Volatility Alternatives to MIIAX
MIIAX has 3.77% 1-year volatility. There are 35 mutual funds in the Intermediate Core Bond category with lower 1-year volatility, going as low as 2.36%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard California Intermediate-Term Tax-Exempt F... | 2.36% | 19.40B | Mar 1994 | MIIAX vs VCAIX | |
| Fidelity Education Income Fund | 2.45% | — | Mar 2021 | MIIAX vs FEDUX | |
| Baird Intermediate Bond Fund | 2.49% | — | Sep 2000 | MIIAX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | 2.49% | — | Sep 2000 | MIIAX vs BIMIX | |
| DFA Diversified Fixed Income Portfolio | 2.62% | — | Aug 2016 | MIIAX vs DFXIX |
Lowest Drawdown Alternatives to MIIAX
MIIAX has a 1-year max drawdown of -3.06%. There are 68 mutual funds in the Intermediate Core Bond category with shallower 1-year drawdowns, going as shallow as -1.69%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Diversified Fixed Income Portfolio | -1.69% | — | Aug 2016 | MIIAX vs DFXIX | |
| Fidelity Education Income Fund | -1.72% | — | Mar 2021 | MIIAX vs FEDUX | |
| Baird Intermediate Bond Fund | -1.87% | — | Sep 2000 | MIIAX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | -2.08% | — | Sep 2000 | MIIAX vs BIMIX | |
| Fidelity Intermediate Bond Fund | -2.11% | — | May 1975 | MIIAX vs FTHRX |
Other Mutual Funds from Praxis Mutual Funds
The 7 most viewed Praxis Mutual Funds mutual funds shown here include MMDEX, MMSIX, MPLIX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Praxis Growth Index Fund | Large Cap Growth Equities | 22 | 5.78% | — | May 2007 | MIIAX vs MMDEX | |
| Praxis Small Cap Index Fund | Small Cap Blend Equities | 53 | 15.77% | — | May 2007 | MIIAX vs MMSIX | |
| Praxis International Index Fund | Foreign Large Cap Equities | 68 | 14.65% | — | Dec 2010 | MIIAX vs MPLIX | |
| Praxis Genesis Balanced Portfolio | Diversified Portfolio | 67 | 7.68% | — | Dec 2009 | MIIAX vs MBAPX | |
| Praxis Genesis Growth Portfolio | Diversified Portfolio | 68 | 10.46% | — | Dec 2009 | MIIAX vs MGAFX | |
| Praxis Value Index Fund | Large Cap Value Equities | 91 | 17.07% | — | May 2001 | MIIAX vs MVIAX | |
| Praxis Genesis Conservative Portfolio | Diversified Portfolio | 43 | 2.43% | — | Dec 2009 | MIIAX vs MCONX |
Often Compared With MIIAX
Investors most often compare MIIAX with ETIRX, CRAIX, PRCIX. These 16 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare MIIAX with Any Fund or Stock
Compare MIIAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MIIAX with funds that move differently
Praxis Impact Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MIIAX.
Explore MIIAX Diversifiers