Madison High Quality Bond Fund (MIIBX) belongs to the Short-Term Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MIIBX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MIIBX
MIIBX charges 0.50% annually. There are 52 mutual funds in the Short-Term Bond category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Institutional Intermediate-Term Bond Fund | 0.02% | — | Jun 2015 | MIIBX vs VIITX | |
| Vanguard Institutional Short-Term Bond Fund | 0.02% | — | Jun 2015 | MIIBX vs VISTX | |
| Schwab Short-Term Bond Index Fund | 0.06% | — | Feb 2017 | MIIBX vs SWSBX | |
| TIAA-CREF Short-Term Bond Index Fund | 0.09% | — | Aug 2015 | MIIBX vs TNSHX | |
| Vanguard Short-Term Bond Index Fund | 0.15% | — | Mar 1994 | MIIBX vs VBISX |
Best Risk-Adjusted Alternatives to MIIBX
MIIBX has a PortfoliosLab risk / return rank of 28. There are 122 mutual funds in the Short-Term Bond category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Diamond Hill Short Duration Securitized Bond Fund ... | 99 | — | Jul 2016 | MIIBX vs DHEIX | |
| GuidepathConservative Income Fund | 99 | — | Apr 2018 | MIIBX vs GPICX | |
| DFA Short-Duration Real Return Portfolio | 99 | — | Nov 2013 | MIIBX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 99 | — | Jul 2016 | MIIBX vs DHEAX | |
| DoubleLine Low Duration Bond Fund | 97 | — | Sep 2011 | MIIBX vs DBLSX |
Top Performing MIIBX Alternatives (YTD)
MIIBX is at 0.08% YTD. There are 121 mutual funds in the Short-Term Bond category with higher YTD returns, going as high as 10.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Absolute Return Allocation Fund | 10.27% | — | Apr 2011 | MIIBX vs GPARX | |
| Leader Short Term High Yield Bond Fund | 3.89% | — | Jul 2005 | MIIBX vs LCCMX | |
| DFA Short-Duration Real Return Portfolio | 2.57% | — | Nov 2013 | MIIBX vs DFAIX | |
| Holbrook Income Fund | 2.12% | — | Jul 2016 | MIIBX vs HOBEX | |
| BlackRock Allocation Target Shares Series A Portfo... | 1.87% | — | Sep 2015 | MIIBX vs BATAX |
Lowest Volatility Alternatives to MIIBX
MIIBX has 2.29% 1-year volatility. There are 100 mutual funds in the Short-Term Bond category with lower 1-year volatility, going as low as 0.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidepathConservative Income Fund | 0.83% | — | Apr 2018 | MIIBX vs GPICX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 1.05% | — | Jul 2016 | MIIBX vs DHEIX | |
| DFA Short-Term Extended Quality Portfolio | 1.07% | — | Mar 2009 | MIIBX vs DFEQX | |
| DFA Short-Duration Real Return Portfolio | 1.10% | — | Nov 2013 | MIIBX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 1.11% | — | Jul 2016 | MIIBX vs DHEAX |
Lowest Drawdown Alternatives to MIIBX
MIIBX has a 1-year max drawdown of -1.70%. There are 107 mutual funds in the Short-Term Bond category with shallower 1-year drawdowns, going as shallow as -0.25%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidepathConservative Income Fund | -0.25% | — | Apr 2018 | MIIBX vs GPICX | |
| DFA Short-Duration Real Return Portfolio | -0.47% | — | Nov 2013 | MIIBX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | -0.50% | — | Jul 2016 | MIIBX vs DHEAX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | -0.50% | — | Jul 2016 | MIIBX vs DHEIX | |
| Holbrook Income Fund | -0.61% | — | Jul 2016 | MIIBX vs HOBEX |
Other Mutual Funds from Madison Funds
The 10 most viewed Madison Funds mutual funds shown here include MAGSX, GTSGX, BHBFX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Madison Aggressive Allocation Fund | Diversified Portfolio | 52 | 11.80% | — | Jun 2006 | MIIBX vs MAGSX | |
| Madison Mid Cap Fund | Mid Cap Blend Equities | 3 | -1.68% | — | Jul 1983 | MIIBX vs GTSGX | |
| Madison Dividend Income Fund | Large Cap Value Equities | 27 | 7.70% | — | Dec 1986 | MIIBX vs BHBFX | |
| Madison Covered Call & Equity Income Fund | Derivative Income | 46 | 5.89% | — | Oct 2009 | MIIBX vs MENYX | |
| Madison Small Cap Fund | Small Cap Blend Equities | 7 | 7.74% | — | Dec 1996 | MIIBX vs BVAOX | |
| Madison Core Bond Fund | Intermediate Core Bond | 22 | 0.12% | — | Dec 1997 | MIIBX vs MBOAX | |
| Madison Investors Fund | Large Cap Blend Equities | 9 | 5.21% | — | Nov 1978 | MIIBX vs MINVX | |
| Madison Tax-Free National Fund | Municipal Bonds | 76 | 0.99% | — | Dec 1982 | MIIBX vs GTFHX | |
| Madison Conservative Allocation Fund | Diversified Portfolio | 50 | 5.15% | — | Jun 2006 | MIIBX vs MCNAX | |
| Madison Moderate Allocation Fund | Diversified Portfolio | 51 | 8.81% | — | Jun 2006 | MIIBX vs MMDAX |
Often Compared With MIIBX
Investors most often compare MIIBX with SDMZX, STBFX, DFCFX. These 7 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 64 | 1.15% | — | Dec 2013 | MIIBX vs SDMZX | |
| Sextant Short Term Bond Fund | Short-Term Bond | — | — | — | Sep 1995 | MIIBX vs STBFX | |
| DFA Two-Year Fixed Income Portfolio | Short-Term Bond | 66 | 1.52% | — | Jun 1996 | MIIBX vs DFCFX | |
| T. Rowe Price Short Duration Income Fund | Short-Term Bond | 96 | 0.90% | — | Dec 2020 | MIIBX vs TSDLX | |
| Destinations Low Duration Fixed Income Fund | Short-Term Bond | 94 | 1.61% | — | Mar 2017 | MIIBX vs DLDFX | |
| CM Advisors Fixed Income Fund | Short-Term Bond | 71 | 0.90% | — | Mar 2006 | MIIBX vs CMFIX | |
| SEI Asset Allocation Trust Defensive Strategy Fund | Short-Term Bond | 89 | 1.86% | — | Nov 2003 | MIIBX vs SNSAX |
Compare MIIBX with Any Fund or Stock
Compare MIIBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MIIBX with funds that move differently
Madison High Quality Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MIIBX.
Explore MIIBX Diversifiers