Touchstone Flexible Income Fund (MXIIX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MXIIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MXIIX
MXIIX charges 0.79% annually. There are 42 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | MXIIX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | MXIIX vs VMSAX | |
| JPMorgan Income Fund Class I | 0.40% | — | Jun 2014 | MXIIX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | MXIIX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | MXIIX vs MOFIX |
Best Risk-Adjusted Alternatives to MXIIX
MXIIX has a PortfoliosLab risk / return rank of 21. There are 71 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | MXIIX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | MXIIX vs NWXEX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | MXIIX vs RFXIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | MXIIX vs BWDTX | |
| Oaktree Diversified Income Fund Inc. Class D | 98 | — | Nov 2021 | MXIIX vs ODIDX |
Top Performing MXIIX Alternatives (YTD)
MXIIX is at -0.19% YTD. There are 71 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Saba Capital Income & Opportunities Fund | 3.37% | — | Dec 1987 | MXIIX vs BRW | |
| BrandywineGLOBAL - Flexible Bond Fund | 2.86% | — | May 2016 | MXIIX vs LFLIX | |
| Nationwide Amundi Strategic Income Fund | 2.67% | — | Nov 2015 | MXIIX vs NWXHX | |
| abrdn Income Credit Strategies Fund | 2.65% | — | Jan 2011 | MXIIX vs ACP | |
| Nationwide Strategic Income A | 2.60% | — | Nov 2015 | MXIIX vs NWXEX |
Lowest Volatility Alternatives to MXIIX
MXIIX has 3.25% 1-year volatility. There are 45 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.17% | — | Nov 2015 | MXIIX vs NWXHX | |
| Nationwide Strategic Income A | 1.24% | — | Nov 2015 | MXIIX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | MXIIX vs BWDTX | |
| Rational Special Situations Income Fund | 1.39% | — | Jul 2019 | MXIIX vs RFXIX | |
| Oaktree Diversified Income Fund Inc. Class D | 1.47% | — | Nov 2021 | MXIIX vs ODIDX |
Lowest Drawdown Alternatives to MXIIX
MXIIX has a 1-year max drawdown of -2.66%. There are 44 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | MXIIX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | MXIIX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | MXIIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | MXIIX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | MXIIX vs BWDTX |
Other Mutual Funds from Touchstone
The 10 most viewed Touchstone mutual funds shown here include TSFIX, SWRLX, SENCX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Touchstone Small Cap Fund | Small Cap Blend Equities | 35 | 13.07% | — | Sep 2009 | MXIIX vs TSFIX | |
| Touchstone International Equity Fund | Foreign Large Cap Equities | 94 | 21.00% | — | Mar 1993 | MXIIX vs SWRLX | |
| Touchstone Large Cap Focused Fund | Large Cap Blend Equities | 29 | 6.70% | — | Jan 1934 | MXIIX vs SENCX | |
| Touchstone Mid Cap Fund | Mid Cap Blend Equities | 9 | 3.02% | — | Jan 2003 | MXIIX vs TMCPX | |
| Touchstone Mid Cap Growth Fund | Mid Cap Growth Equities | 13 | 10.78% | — | Oct 1994 | MXIIX vs TEGAX | |
| Touchstone Small Company Fund | Small Cap Blend Equities | 66 | 15.48% | — | Mar 1993 | MXIIX vs SAGWX | |
| Touchstone Balanced Fund | Diversified Portfolio | 29 | 3.90% | — | Nov 1938 | MXIIX vs SEBLX | |
| Touchstone Ultra Short Duration Fixed Income Fund | Ultrashort Bond | 99 | 1.91% | — | Mar 1994 | MXIIX vs TSDOX | |
| Touchstone Global ESG Equity Fund | Foreign Large Cap Equities | 49 | 12.41% | — | Dec 1997 | MXIIX vs TEQAX | |
| Touchstone Mid Cap Value Fund | Mid Cap Value Equities | 74 | 15.96% | — | Sep 2009 | MXIIX vs TCVIX |
Often Compared With MXIIX
Investors most often compare MXIIX with MWTIX, TLCIX, PTSGX. These 16 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare MXIIX with Any Fund or Stock
Compare MXIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MXIIX with funds that move differently
Touchstone Flexible Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MXIIX.
Explore MXIIX Diversifiers