NOFIX Alternatives & Similar Mutual Funds

Northern Fixed Income Fund (NOFIX) 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 NOFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to NOFIX

NOFIX charges 0.45% annually. There are 24 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
MCFIX	Mercer Core Fixed Income Fund	0.16%	—	Aug 2005	NOFIX vs MCFIX
SSASX	State Street Income Fund	0.20%	—	Jan 1980	NOFIX vs SSASX
TIBDX	TIAA-CREF Core Bond Fund	0.29%	—	Jul 1999	NOFIX vs TIBDX
EINFX	Elfun Income Fund	0.29%	—	Dec 1984	NOFIX vs EINFX
BCPIX	Brandes Core Plus Fixed Income Fund	0.30%	—	Dec 2007	NOFIX vs BCPIX

Best Risk-Adjusted Alternatives to NOFIX

NOFIX has a PortfoliosLab risk / return rank of 13. There are 127 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
HOBIX	Holbrook Income Fund Class I	99	—	Jul 2016	NOFIX vs HOBIX
LCTIX	Leader Capital High Quality Income Fund Institutio...	92	—	Jul 2010	NOFIX vs LCTIX
GUGAX	GMO Multi-Sector Fixed Income Fund	90	—	Apr 1997	NOFIX vs GUGAX
LCTRX	Leader Capital High Quality Floating Rate Fund Inv...	89	—	Jul 2010	NOFIX vs LCTRX
MDVAX	MassMutual Diversified Bond Fund	86	—	May 1999	NOFIX vs MDVAX

Top Performing NOFIX Alternatives (YTD)

NOFIX is at -0.94% YTD. There are 119 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
TNUIX	1290 Diversified Bond Fund	3.01%	—	Jul 2015	NOFIX vs TNUIX
HOBIX	Holbrook Income Fund Class I	2.33%	—	Jul 2016	NOFIX vs HOBIX
MDVAX	MassMutual Diversified Bond Fund	2.33%	—	May 1999	NOFIX vs MDVAX
PGSIX	Putnam Mortgage Securities Fund	2.29%	—	Feb 1984	NOFIX vs PGSIX
NPCT	Nuveen Core Plus Impact Fund	1.77%	—	Apr 2021	NOFIX vs NPCT

Lowest Volatility Alternatives to NOFIX

NOFIX has 3.86% 1-year volatility. There are 80 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
AMFIX	AAMA Income Fund	1.17%	—	Jun 2017	NOFIX vs AMFIX
ARINX	Archer Income Fund	1.82%	—	Mar 2011	NOFIX vs ARINX
LCTRX	Leader Capital High Quality Floating Rate Fund Inv...	2.04%	—	Jul 2010	NOFIX vs LCTRX
HOBIX	Holbrook Income Fund Class I	2.05%	—	Jul 2016	NOFIX vs HOBIX
LCTIX	Leader Capital High Quality Income Fund Institutio...	2.10%	—	Jul 2010	NOFIX vs LCTIX

Lowest Drawdown Alternatives to NOFIX

NOFIX has a 1-year max drawdown of -3.04%. There are 78 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
HOBIX	Holbrook Income Fund Class I	-0.51%	—	Jul 2016	NOFIX vs HOBIX
AMFIX	AAMA Income Fund	-0.74%	—	Jun 2017	NOFIX vs AMFIX
GUGAX	GMO Multi-Sector Fixed Income Fund	-1.00%	—	Apr 1997	NOFIX vs GUGAX
LCTRX	Leader Capital High Quality Floating Rate Fund Inv...	-1.17%	—	Jul 2010	NOFIX vs LCTRX
LCTIX	Leader Capital High Quality Income Fund Institutio...	-1.17%	—	Jul 2010	NOFIX vs LCTIX

Other Mutual Funds from Northern Trust

The 10 most viewed Northern Trust mutual funds shown here include NOIEX, NOSIX, NHFIX and span 11 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
NOIEX	Northern Income Equity Fund	Large Cap Value Equities, Dividend, Actively Managed	78	12.25%	—	Apr 1994	NOFIX vs NOIEX
NOSIX	Northern Stock Index Fund	Large Cap Blend Equities	62	9.34%	—	Oct 1996	NOFIX vs NOSIX
NHFIX	Northern High Yield Fixed Income Fund	High Yield Bonds	80	2.00%	—	Dec 1998	NOFIX vs NHFIX
NSRIX	Northern Global Sustainability Index Fund	Global Equities	57	9.33%	—	Mar 2008	NOFIX vs NSRIX
NOSGX	Northern Small Cap Value Fund	Small Cap Value Equities	86	21.99%	—	Mar 1994	NOFIX vs NOSGX
NOINX	Northern International Equity Index Fund	Foreign Large Cap Equities	61	12.75%	—	Mar 2005	NOFIX vs NOINX
NOLCX	Northern Large Cap Core Fund	Large Cap Blend Equities	74	9.87%	—	Dec 2005	NOFIX vs NOLCX
NSGRX	Northern Small Cap Core Fund	Small Cap Blend Equities	83	21.27%	—	Sep 1999	NOFIX vs NSGRX
NOBOX	Northern Bond Index Fund	Intermediate Core Bond	13	-1.04%	—	Feb 2007	NOFIX vs NOBOX
NOMIX	Northern Mid Cap Index Fund	Mid Cap Blend Equities	48	14.71%	—	Mar 2005	NOFIX vs NOMIX

Often Compared With NOFIX

Investors most often compare NOFIX with AAIIX, NSIDX, NOCBX. These 6 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
AAIIX	Ancora Income Fund	Intermediate Core-Plus Bond	21	1.60%	—	Jan 2004	NOFIX vs AAIIX
NSIDX	Northern Small Cap Index Fund	Small Cap Blend Equities	76	19.46%	—	Sep 1999	NOFIX vs NSIDX
NOCBX	Northern Core Bond Fund	Intermediate Core Bond	11	-1.13%	—	Mar 2001	NOFIX vs NOCBX
SEATX	SEI Tax Exempt Trust Tax-Advantaged Income Fund	Intermediate Core-Plus Bond	65	1.20%	—	Sep 2007	NOFIX vs SEATX
BCOIX	Baird Core Plus Bond Fund	Intermediate Core-Plus Bond	26	-0.21%	—	Sep 2000	NOFIX vs BCOIX
SMTRX	ALPS/Smith Total Return Bond Fund	Intermediate Core-Plus Bond	—	—	3.25B	Jun 2018	NOFIX vs SMTRX

Compare NOFIX with Any Fund or Stock

Compare NOFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair NOFIX with funds that move differently

Northern Fixed Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NOFIX.

Explore NOFIX Diversifiers

Northern Fixed Income Fund (NOFIX) Alternatives