Metropolitan West Total Return Bond Fund (MWTRX) belongs to the Intermediate Core-Plus Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MWTRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MWTRX
MWTRX charges 0.65% annually. There are 81 mutual funds in the Intermediate Core-Plus Bond category with lower expense ratios, going as low as 0.16%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Mercer Core Fixed Income Fund | 0.16% | — | Aug 2005 | MWTRX vs MCFIX | |
| State Street Income Fund | 0.20% | — | Jan 1980 | MWTRX vs SSASX | |
| TIAA-CREF Core Bond Fund | 0.29% | — | Jul 1999 | MWTRX vs TIBDX | |
| Elfun Income Fund | 0.29% | — | Dec 1984 | MWTRX vs EINFX | |
| Baird Core Plus Bond Fund | 0.30% | — | Sep 2000 | MWTRX vs BCOIX |
Best Risk-Adjusted Alternatives to MWTRX
MWTRX has a PortfoliosLab risk / return rank of 17. There are 105 mutual funds in the Intermediate Core-Plus Bond category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Holbrook Income Fund Class I | 99 | — | Jul 2016 | MWTRX vs HOBIX | |
| Leader Capital High Quality Income Fund Institutio... | 92 | — | Jul 2010 | MWTRX vs LCTIX | |
| GMO Multi-Sector Fixed Income Fund | 90 | — | Apr 1997 | MWTRX vs GUGAX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 89 | — | Jul 2010 | MWTRX vs LCTRX | |
| MassMutual Diversified Bond Fund | 86 | — | May 1999 | MWTRX vs MDVAX |
Top Performing MWTRX Alternatives (YTD)
MWTRX is at -0.83% YTD. There are 114 mutual funds in the Intermediate Core-Plus Bond category with higher YTD returns, going as high as 3.01%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| 1290 Diversified Bond Fund | 3.01% | — | Jul 2015 | MWTRX vs TNUIX | |
| Holbrook Income Fund Class I | 2.33% | — | Jul 2016 | MWTRX vs HOBIX | |
| MassMutual Diversified Bond Fund | 2.33% | — | May 1999 | MWTRX vs MDVAX | |
| Putnam Mortgage Securities Fund | 2.29% | — | Feb 1984 | MWTRX vs PGSIX | |
| Nuveen Core Plus Impact Fund | 1.77% | — | Apr 2021 | MWTRX vs NPCT |
Lowest Volatility Alternatives to MWTRX
MWTRX has 4.25% 1-year volatility. There are 117 mutual funds in the Intermediate Core-Plus Bond category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AAMA Income Fund | 1.17% | — | Jun 2017 | MWTRX vs AMFIX | |
| Archer Income Fund | 1.82% | — | Mar 2011 | MWTRX vs ARINX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 2.04% | — | Jul 2010 | MWTRX vs LCTRX | |
| Holbrook Income Fund Class I | 2.05% | — | Jul 2016 | MWTRX vs HOBIX | |
| Leader Capital High Quality Income Fund Institutio... | 2.10% | — | Jul 2010 | MWTRX vs LCTIX |
Lowest Drawdown Alternatives to MWTRX
MWTRX has a 1-year max drawdown of -3.38%. There are 118 mutual funds in the Intermediate Core-Plus Bond category with shallower 1-year drawdowns, going as shallow as -0.51%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Holbrook Income Fund Class I | -0.51% | — | Jul 2016 | MWTRX vs HOBIX | |
| AAMA Income Fund | -0.74% | — | Jun 2017 | MWTRX vs AMFIX | |
| GMO Multi-Sector Fixed Income Fund | -1.00% | — | Apr 1997 | MWTRX vs GUGAX | |
| Leader Capital High Quality Income Fund Institutio... | -1.17% | — | Jul 2010 | MWTRX vs LCTIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | -1.17% | — | Jul 2010 | MWTRX vs LCTRX |
Other Mutual Funds from Metropolitan West Funds
The 8 most viewed Metropolitan West Funds mutual funds shown here include MWTIX, MWCIX, MWHYX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Metropolitan West Total Return Bond Fund Class I | Total Bond Market | 20 | -0.71% | — | — | MWTRX vs MWTIX | |
| Metropolitan West Unconstrained Bond Fund | Nontraditional Bonds | 87 | 1.18% | — | Sep 2011 | MWTRX vs MWCIX | |
| Metropolitan West High Yield Bond Fund | High Yield Bonds | 50 | 1.17% | — | Sep 2002 | MWTRX vs MWHYX | |
| Metropolitan West Strategic Income Fund | Nontraditional Bonds | 88 | 1.26% | — | Jun 2003 | MWTRX vs MWSTX | |
| Metropolitan West Low Duration Bond Fund | Short-Term Bond | 75 | 0.51% | — | Mar 1997 | MWTRX vs MWLDX | |
| Metropolitan West Investment Grade Credit Fund | Intermediate Core-Plus Bond, Investment Grade Bonds | 31 | -0.32% | — | Jun 2018 | MWTRX vs MWIGX | |
| Metropolitan West Ultra Short Bond Fund | Ultrashort Bond | 93 | 1.24% | — | Jun 2003 | MWTRX vs MWUSX | |
| MetWest ESG Securitized Fund | Intermediate Core-Plus Bond | 38 | 0.16% | — | Sep 2021 | MWTRX vs MWESX |
Often Compared With MWTRX
Investors most often compare MWTRX with DODIX, WACPX, LSBDX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare MWTRX with Any Fund or Stock
Compare MWTRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MWTRX with funds that move differently
Metropolitan West Total Return Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MWTRX.
Explore MWTRX Diversifiers