Virtus Newfleet Multi-Sector Short Term Bond Fund (NARAX) 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 NARAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NARAX
NARAX charges 0.90% annually. There are 119 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 | NARAX vs VIITX | |
| Vanguard Institutional Short-Term Bond Fund | 0.02% | — | Jun 2015 | NARAX vs VISTX | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | NARAX vs FUMBX | |
| Schwab Short-Term Bond Index Fund | 0.06% | — | Feb 2017 | NARAX vs SWSBX | |
| TIAA-CREF Short-Term Bond Index Fund | 0.09% | — | Aug 2015 | NARAX vs TNSHX |
Best Risk-Adjusted Alternatives to NARAX
NARAX has a PortfoliosLab risk / return rank of 78. There are 55 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 | |
|---|---|---|---|---|---|
| GuidepathConservative Income Fund | 99 | — | Apr 2018 | NARAX vs GPICX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 99 | — | Jul 2016 | NARAX vs DHEIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 99 | — | Jul 2016 | NARAX vs DHEAX | |
| DFA Short-Duration Real Return Portfolio | 98 | — | Nov 2013 | NARAX vs DFAIX | |
| BlackRock Allocation Target Shares Series A Portfo... | 98 | — | Sep 2015 | NARAX vs BATAX |
Top Performing NARAX Alternatives (YTD)
NARAX is at 1.14% YTD. There are 26 mutual funds in the Short-Term Bond category with higher YTD returns, going as high as 6.02%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Absolute Return Allocation Fund | 6.02% | — | Apr 2011 | NARAX vs GPARX | |
| Leader Short Term High Yield Bond Fund | 3.39% | — | Jul 2005 | NARAX vs LCCMX | |
| DFA Short-Duration Real Return Portfolio | 2.10% | — | Nov 2013 | NARAX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 1.99% | — | Jul 2016 | NARAX vs DHEIX | |
| BlackRock Allocation Target Shares Series A Portfo... | 1.98% | — | Sep 2015 | NARAX vs BATAX |
Lowest Volatility Alternatives to NARAX
NARAX has 2.40% 1-year volatility. There are 106 mutual funds in the Short-Term Bond category with lower 1-year volatility, going as low as 0.79%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidepathConservative Income Fund | 0.79% | — | Apr 2018 | NARAX vs GPICX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 1.07% | — | Jul 2016 | NARAX vs DHEIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 1.11% | — | Jul 2016 | NARAX vs DHEAX | |
| DFA Short-Term Extended Quality Portfolio | 1.13% | — | Mar 2009 | NARAX vs DFEQX | |
| DFA Short-Duration Real Return Portfolio | 1.18% | — | Nov 2013 | NARAX vs DFAIX |
Lowest Drawdown Alternatives to NARAX
NARAX has a 1-year max drawdown of -1.52%. There are 90 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 | NARAX vs GPICX | |
| DFA Short-Duration Real Return Portfolio | -0.47% | — | Nov 2013 | NARAX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | -0.50% | — | Jul 2016 | NARAX vs DHEAX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | -0.50% | — | Jul 2016 | NARAX vs DHEIX | |
| Holbrook Income Fund | -0.61% | — | Jul 2016 | NARAX vs HOBEX |
Other Mutual Funds from Virtus
The 10 most viewed Virtus mutual funds shown here include AIO, SAMBX, VKSIX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Virtus Artificial Intelligence & Technology Opport... | Technology Equities | 49 | 33.33% | — | Oct 2019 | NARAX vs AIO | |
| Virtus Seix Floating Rate High Income Fund | Bank Loan | 97 | 2.29% | — | Feb 2006 | NARAX vs SAMBX | |
| Virtus KAR Small-Mid Cap Core Fund | Mid Cap Growth Equities | 1 | -6.36% | — | Mar 2018 | NARAX vs VKSIX | |
| Virtus KAR Small-Cap Core Fund | Mid Cap Growth Equities | 8 | 7.89% | — | Oct 1996 | NARAX vs PKSFX | |
| Virtus KAR Capital Growth Fund | Large Cap Growth Equities | 5 | 2.58% | — | Oct 1995 | NARAX vs PSTAX | |
| Virtus KAR Mid-Cap Core Fund | Mid Cap Growth Equities | 3 | -0.45% | — | Jun 2009 | NARAX vs VIMCX | |
| The Merger Fund | Event Driven | 98 | 1.51% | — | Jan 1989 | NARAX vs MERFX | |
| Virtus Tactical Allocation Fund | Diversified Portfolio | 4 | 0.17% | — | Sep 1940 | NARAX vs NAINX | |
| Virtus KAR Small-Cap Growth Fund | Small Cap Growth Equities | 1 | -5.55% | — | Jun 2006 | NARAX vs PXSGX | |
| Virtus Duff & Phelps Real Estate Securities Fund | REIT | 26 | 17.26% | — | Mar 1995 | NARAX vs PHRAX |
Often Compared With NARAX
Investors most often compare NARAX with STCIX, DBLSX, SNSAX. These 6 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Virtus Silvant Large-Cap Growth Stock Fund | Large Cap Growth Equities | 13 | -0.72% | — | Jun 1992 | NARAX vs STCIX | |
| DoubleLine Low Duration Bond Fund | Short-Term Bond | 97 | 1.27% | — | Sep 2011 | NARAX vs DBLSX | |
| SEI Asset Allocation Trust Defensive Strategy Fund | Short-Term Bond | 88 | 1.66% | — | Nov 2003 | NARAX vs SNSAX | |
| Vanguard Short-Term Bond Index Fund | Short-Term Bond | 36 | 0.16% | — | Mar 1994 | NARAX vs VBISX | |
| Destinations Low Duration Fixed Income Fund | Short-Term Bond | 96 | 1.72% | — | Mar 2017 | NARAX vs DLDFX | |
| DoubleLine Low Duration Bond Fund Class N | Short-Term Bond | 97 | 1.17% | — | Sep 2011 | NARAX vs DLSNX |
Compare NARAX with Any Fund or Stock
Compare NARAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NARAX with funds that move differently
Virtus Newfleet Multi-Sector Short Term Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NARAX.
Explore NARAX Diversifiers