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 21 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 | NOFIX vs MCFIX | |
| State Street Income Fund | 0.20% | — | Jan 1980 | NOFIX vs SSASX | |
| TIAA-CREF Core Bond Fund | 0.29% | — | Jul 1999 | NOFIX vs TIBDX | |
| Elfun Income Fund | 0.29% | — | Dec 1984 | NOFIX vs EINFX | |
| Baird Core Plus Bond Fund | 0.30% | — | Sep 2000 | NOFIX vs BCOIX |
Best Risk-Adjusted Alternatives to NOFIX
NOFIX has a PortfoliosLab risk / return rank of 24. There are 89 mutual funds in the Intermediate Core-Plus Bond category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Holbrook Income Fund Class I | 98 | — | Jul 2016 | NOFIX vs HOBIX | |
| Leader Capital High Quality Income Fund Institutio... | 92 | — | Jul 2010 | NOFIX vs LCTIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 90 | — | Jul 2010 | NOFIX vs LCTRX | |
| MassMutual Diversified Bond Fund | 83 | — | May 1999 | NOFIX vs MDVAX | |
| GMO Multi-Sector Fixed Income Fund | 74 | — | Apr 1997 | NOFIX vs GUGAX |
Top Performing NOFIX Alternatives (YTD)
NOFIX is at 0.15% YTD. There are 107 mutual funds in the Intermediate Core-Plus Bond category with higher YTD returns, going as high as 2.89%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Mortgage Securities Fund | 2.89% | — | Feb 1984 | NOFIX vs PGSIX | |
| MassMutual Diversified Bond Fund | 2.59% | — | May 1999 | NOFIX vs MDVAX | |
| Holbrook Income Fund Class I | 2.43% | — | Jul 2016 | NOFIX vs HOBIX | |
| Ancora Income Fund | 2.39% | — | Jan 2004 | NOFIX vs AAIIX | |
| SEI Tax Exempt Trust Tax-Advantaged Income Fund | 2.21% | — | Sep 2007 | NOFIX vs SEATX |
Lowest Volatility Alternatives to NOFIX
NOFIX has 4.02% 1-year volatility. There are 82 mutual funds in the Intermediate Core-Plus Bond category with lower 1-year volatility, going as low as 1.04%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AAMA Income Fund | 1.04% | — | Jun 2017 | NOFIX vs AMFIX | |
| Archer Income Fund | 1.79% | — | Mar 2011 | NOFIX vs ARINX | |
| ALPS/Smith Total Return Bond Fund | 1.90% | 3.25B | Jun 2018 | NOFIX vs SMTRX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 1.91% | — | Jul 2010 | NOFIX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | 1.97% | — | Jul 2010 | NOFIX vs LCTIX |
Lowest Drawdown Alternatives to NOFIX
NOFIX has a 1-year max drawdown of -3.04%. There are 75 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 | NOFIX vs HOBIX | |
| AAMA Income Fund | -0.74% | — | Jun 2017 | NOFIX vs AMFIX | |
| GMO Multi-Sector Fixed Income Fund | -1.16% | — | Apr 1997 | NOFIX vs GUGAX | |
| Leader Capital High Quality Floating Rate Fund Inv... | -1.17% | — | Jul 2010 | NOFIX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | -1.17% | — | Jul 2010 | NOFIX vs LCTIX |
Other Mutual Funds from Northern Funds
The 10 most viewed Northern Funds mutual funds shown here include NOIEX, NOSIX, NHFIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Northern Income Equity Fund | Large Cap Value Equities | 83 | 12.80% | — | Mar 1994 | NOFIX vs NOIEX | |
| Northern Stock Index Fund | Large Cap Blend Equities | 74 | 11.68% | — | Oct 1996 | NOFIX vs NOSIX | |
| Northern High Yield Fixed Income Fund | High Yield Bonds | 81 | 1.87% | — | Dec 1998 | NOFIX vs NHFIX | |
| Northern Global Sustainability Index Fund | Global Equities | 53 | 9.87% | — | Mar 2008 | NOFIX vs NSRIX | |
| Northern International Equity Index Fund | Foreign Large Cap Equities | 27 | 9.68% | — | Mar 2005 | NOFIX vs NOINX | |
| Northern Small Cap Value Fund | Small Cap Value Equities | 65 | 16.32% | — | Mar 1994 | NOFIX vs NOSGX | |
| Northern Small Cap Core Fund | Small Cap Blend Equities | 64 | 16.84% | — | Sep 1999 | NOFIX vs NSGRX | |
| Northern Large Cap Core Fund | Large Cap Blend Equities | 83 | 10.82% | — | Dec 2005 | NOFIX vs NOLCX | |
| Northern Bond Index Fund | Intermediate Core Bond | 19 | 0.04% | — | Feb 2007 | NOFIX vs NOBOX | |
| Northern Mid Cap Index Fund | Mid Cap Blend Equities | 45 | 14.18% | — | Mar 2005 | NOFIX vs NOMIX |
Often Compared With NOFIX
Investors most often compare NOFIX with NPCT, BCPIX, NOCBX. These 4 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nuveen Core Plus Impact Fund | Intermediate Core-Plus Bond | 4 | 2.11% | — | Apr 2021 | NOFIX vs NPCT | |
| Brandes Core Plus Fixed Income Fund | Intermediate Core-Plus Bond | 20 | 0.16% | — | Dec 2007 | NOFIX vs BCPIX | |
| Northern Core Bond Fund | Intermediate Core Bond | 20 | -0.01% | — | Mar 2001 | NOFIX vs NOCBX | |
| Northern Small Cap Index Fund | Small Cap Blend Equities | 65 | 18.68% | — | Sep 1999 | NOFIX vs NSIDX |
Compare NOFIX with Any Fund or Stock
Compare NOFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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