Invesco Core Bond Fund (OPIGX) belongs to the Intermediate Core Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with OPIGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OPIGX
OPIGX charges 0.71% annually. There are 87 mutual funds in the Intermediate Core Bond category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Mortgage Strategy Portfolio | 0.02% | — | Dec 2007 | OPIGX vs FMBPX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.02% | 398.10B | Feb 2010 | OPIGX vs VBMPX | |
| State Street Aggregate Bond Index Portfolio | 0.02% | — | Sep 2014 | OPIGX vs SSAFX | |
| Fisher Investments Institutional Group Fixed Incom... | 0.03% | — | Dec 2019 | OPIGX vs QDIBX | |
| Fisher Investments Institutional Group ESG Fixed I... | 0.04% | — | Dec 2019 | OPIGX vs QDVBX |
Best Risk-Adjusted Alternatives to OPIGX
OPIGX has a PortfoliosLab risk / return rank of 9. There are 105 mutual funds in the Intermediate Core Bond category with higher risk-adjusted ranks, going as high as 65.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard California Intermediate-Term Tax-Exempt F... | 65 | 19.40B | Mar 1994 | OPIGX vs VCAIX | |
| Hartford Schroders Tax-Aware Bond Fund | 64 | — | Oct 2011 | OPIGX vs STWTX | |
| Loomis Sayles Securitized Asset Fund | 64 | — | Mar 2006 | OPIGX vs LSSAX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | 58 | — | Aug 1995 | OPIGX vs PCGTX | |
| Manning & Napier Credit Series | 50 | — | Apr 2020 | OPIGX vs MCDWX |
Top Performing OPIGX Alternatives (YTD)
OPIGX is at -1.48% YTD. There are 106 mutual funds in the Intermediate Core Bond category with higher YTD returns, going as high as 2.13%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PACE Mortgage-Backed Securities Fixed Income Inves... | 2.13% | — | Aug 1995 | OPIGX vs PCGTX | |
| Loomis Sayles Securitized Asset Fund | 0.81% | — | Mar 2006 | OPIGX vs LSSAX | |
| DFA Diversified Fixed Income Portfolio | 0.66% | — | Aug 2016 | OPIGX vs DFXIX | |
| Manning & Napier Credit Series | 0.57% | — | Apr 2020 | OPIGX vs MCDWX | |
| Fidelity SAI Investment Grade Securitized Fund | 0.15% | — | May 2023 | OPIGX vs FSMOX |
Lowest Volatility Alternatives to OPIGX
OPIGX has 4.17% 1-year volatility. There are 101 mutual funds in the Intermediate Core Bond category with lower 1-year volatility, going as low as 2.36%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard California Intermediate-Term Tax-Exempt F... | 2.36% | 19.40B | Mar 1994 | OPIGX vs VCAIX | |
| Fidelity Education Income Fund | 2.45% | — | Mar 2021 | OPIGX vs FEDUX | |
| Baird Intermediate Bond Fund | 2.49% | — | Sep 2000 | OPIGX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | 2.49% | — | Sep 2000 | OPIGX vs BIMIX | |
| DFA Diversified Fixed Income Portfolio | 2.62% | — | Aug 2016 | OPIGX vs DFXIX |
Lowest Drawdown Alternatives to OPIGX
OPIGX has a 1-year max drawdown of -2.80%. There are 23 mutual funds in the Intermediate Core Bond category with shallower 1-year drawdowns, going as shallow as -1.69%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Diversified Fixed Income Portfolio | -1.69% | — | Aug 2016 | OPIGX vs DFXIX | |
| Fidelity Education Income Fund | -1.72% | — | Mar 2021 | OPIGX vs FEDUX | |
| Baird Intermediate Bond Fund | -1.87% | — | Sep 2000 | OPIGX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | -2.08% | — | Sep 2000 | OPIGX vs BIMIX | |
| Fidelity Intermediate Bond Fund | -2.11% | — | May 1975 | OPIGX vs FTHRX |
Other Mutual Funds from Invesco
The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, VAFAX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 38 | 11.50% | — | Oct 2020 | OPIGX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 68 | 13.11% | — | — | OPIGX vs VADAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 8 | 2.06% | — | Jun 2005 | OPIGX vs VAFAX | |
| Invesco Gold & Special Minerals Fund | Gold, Precious Metals | 35 | -8.91% | — | Jul 1983 | OPIGX vs OPGSX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 74 | 14.48% | — | Jun 2001 | OPIGX vs VVOAX | |
| Invesco Comstock Fund | Large Cap Value Equities | 83 | 12.80% | — | Oct 1968 | OPIGX vs ACSTX | |
| Invesco Small Cap Value Fund | Small Cap Value Equities | 76 | 21.61% | — | Jun 1999 | OPIGX vs VSCAX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 34 | 6.19% | — | Feb 1988 | OPIGX vs MSIGX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 74 | 7.11% | — | Aug 1960 | OPIGX vs ACEIX | |
| Invesco Equally-Weighted S&P 500 Fund | S&P 500 | 69 | 13.28% | — | Jul 1997 | OPIGX vs VADDX |
Often Compared With OPIGX
Investors most often compare OPIGX with BAGIX, CRAIX, TCPYX. These 18 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare OPIGX with Any Fund or Stock
Compare OPIGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OPIGX with funds that move differently
Invesco Core Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OPIGX.
Explore OPIGX Diversifiers