Metropolitan West Total Return Bond Fund Class I (MWTIX) belongs to the Total Bond Market category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MWTIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MWTIX
MWTIX charges 0.45% annually. There are 52 mutual funds in the Total Bond Market category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Total Bond Market II Index Fund | 0.02% | — | — | MWTIX vs VTBNX | |
| Fidelity U.S. Bond Index Fund | 0.03% | — | Mar 1990 | MWTIX vs FXNAX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.03% | 394.40B | Sep 1995 | MWTIX vs VBTIX | |
| Fidelity Short-Term Bond Index Fund | 0.03% | — | Oct 2017 | MWTIX vs FNSOX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.03% | 394.40B | Feb 2010 | MWTIX vs VBMPX |
Best Risk-Adjusted Alternatives to MWTIX
MWTIX has a PortfoliosLab risk / return rank of 17. There are 78 mutual funds in the Total Bond Market category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 100 | — | Feb 2015 | MWTIX vs VUSFX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 100 | 15.70B | Feb 2015 | MWTIX vs VUBFX | |
| Fidelity Conservative Income Bond Institutional Cl... | 99 | — | Mar 2011 | MWTIX vs FCNVX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 99 | — | Oct 2008 | MWTIX vs JSOSX | |
| Fidelity Flex Conservative Income Bond Fund | 99 | — | May 2018 | MWTIX vs FJTDX |
Top Performing MWTIX Alternatives (YTD)
MWTIX is at 0.02% YTD. There are 77 mutual funds in the Total Bond Market category with higher YTD returns, going as high as 3.40%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Strategic Income Fund Class Z | 3.40% | — | Oct 2018 | MWTIX vs FIWDX | |
| Fidelity Strategic Income Fund | 3.37% | — | Oct 1994 | MWTIX vs FADMX | |
| Fidelity Advisor Strategic Income Fund Class I | 3.36% | — | Jul 1995 | MWTIX vs FSRIX | |
| Fidelity Advisor Strategic Income Fund Class A | 3.28% | — | Sep 1996 | MWTIX vs FSTAX | |
| Fidelity Advisor Strategic Income Fund Class M | 3.28% | — | Oct 1994 | MWTIX vs FSIAX |
Lowest Volatility Alternatives to MWTIX
MWTIX has 4.30% 1-year volatility. There are 89 mutual funds in the Total Bond Market category with lower 1-year volatility, going as low as 0.61%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 0.61% | — | Feb 2015 | MWTIX vs VUSFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.68% | — | Oct 2008 | MWTIX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 0.78% | 15.70B | Feb 2015 | MWTIX vs VUBFX | |
| Fidelity Conservative Income Bond Institutional Cl... | 1.18% | — | Mar 2011 | MWTIX vs FCNVX | |
| Fidelity Flex Conservative Income Bond Fund | 1.27% | — | May 2018 | MWTIX vs FJTDX |
Lowest Drawdown Alternatives to MWTIX
MWTIX has a 1-year max drawdown of -3.34%. There are 84 mutual funds in the Total Bond Market category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Conservative Income Bond Institutional Cl... | -0.10% | — | Mar 2011 | MWTIX vs FCNVX | |
| Fidelity Flex Conservative Income Bond Fund | -0.10% | — | May 2018 | MWTIX vs FJTDX | |
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | -0.25% | — | Feb 2015 | MWTIX vs VUSFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | -0.26% | — | Oct 2008 | MWTIX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | -0.30% | 15.70B | Feb 2015 | MWTIX vs VUBFX |
Other Mutual Funds from Metropolitan West Funds
The 8 most viewed Metropolitan West Funds mutual funds shown here include MWTRX, MWCIX, MWHYX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Metropolitan West Total Return Bond Fund | Intermediate Core-Plus Bond | 15 | -0.08% | — | Mar 1997 | MWTIX vs MWTRX | |
| Metropolitan West Unconstrained Bond Fund | Nontraditional Bonds | 83 | 1.12% | — | Sep 2011 | MWTIX vs MWCIX | |
| Metropolitan West High Yield Bond Fund | High Yield Bonds | 56 | 1.57% | — | Sep 2002 | MWTIX vs MWHYX | |
| Metropolitan West Strategic Income Fund | Nontraditional Bonds | 82 | 1.13% | — | Jun 2003 | MWTIX vs MWSTX | |
| Metropolitan West Low Duration Bond Fund | Short-Term Bond | 52 | 0.18% | — | Mar 1997 | MWTIX vs MWLDX | |
| Metropolitan West Investment Grade Credit Fund | Intermediate Core-Plus Bond | 29 | -0.05% | — | Jun 2018 | MWTIX vs MWIGX | |
| Metropolitan West Ultra Short Bond Fund | Ultrashort Bond | 85 | 0.91% | — | Jun 2003 | MWTIX vs MWUSX | |
| MetWest ESG Securitized Fund | Intermediate Core-Plus Bond | 32 | 0.59% | — | Sep 2021 | MWTIX vs MWESX |
Often Compared With MWTIX
Investors most often compare MWTIX with BND, BAGIX, TFAZX. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare MWTIX with Any Fund or Stock
Compare MWTIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MWTIX with funds that move differently
Metropolitan West Total Return Bond Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MWTIX.
Explore MWTIX Diversifiers