PAX CORE BOND FUND (PAXBX) 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 PAXBX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PAXBX
PAXBX charges 0.71% annually. There are 82 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 | PAXBX vs FMBPX | |
| State Street Aggregate Bond Index Portfolio | 0.02% | — | Sep 2014 | PAXBX vs SSAFX | |
| Fisher Investments Institutional Group Fixed Incom... | 0.03% | — | Dec 2019 | PAXBX vs QDIBX | |
| Fisher Investments Institutional Group ESG Fixed I... | 0.04% | — | Dec 2019 | PAXBX vs QDVBX | |
| iShares U.S. Aggregate Bond Index Fund | 0.05% | — | Jul 1993 | PAXBX vs WFBIX |
Best Risk-Adjusted Alternatives to PAXBX
PAXBX has a PortfoliosLab risk / return rank of 21. There are 70 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 | |
|---|---|---|---|---|---|
| Loomis Sayles Securitized Asset Fund | 65 | — | Mar 2006 | PAXBX vs LSSAX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | 55 | — | Aug 1995 | PAXBX vs PCGTX | |
| Hartford Schroders Tax-Aware Bond Fund | 49 | — | Oct 2011 | PAXBX vs STWTX | |
| Manning & Napier Credit Series | 44 | — | Apr 2020 | PAXBX vs MCDWX | |
| DFA Diversified Fixed Income Portfolio | 42 | — | Aug 2016 | PAXBX vs DFXIX |
Top Performing PAXBX Alternatives (YTD)
PAXBX is at 0.32% YTD. There are 46 mutual funds in the Intermediate Core Bond category with higher YTD returns, going as high as 3.02%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PACE Mortgage-Backed Securities Fixed Income Inves... | 3.02% | — | Aug 1995 | PAXBX vs PCGTX | |
| Loomis Sayles Securitized Asset Fund | 1.24% | — | Mar 2006 | PAXBX vs LSSAX | |
| Hartford Schroders Tax-Aware Bond Fund | 1.07% | — | Oct 2011 | PAXBX vs STWTX | |
| Fidelity SAI Investment Grade Securitized Fund | 0.98% | — | May 2023 | PAXBX vs FSMOX | |
| DFA Diversified Fixed Income Portfolio | 0.94% | — | Aug 2016 | PAXBX vs DFXIX |
Lowest Volatility Alternatives to PAXBX
PAXBX has 3.90% 1-year volatility. There are 37 mutual funds in the Intermediate Core Bond category with lower 1-year volatility, going as low as 2.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Education Income Fund | 2.47% | — | Mar 2021 | PAXBX vs FEDUX | |
| Baird Intermediate Bond Fund Class Institutional | 2.49% | — | Sep 2000 | PAXBX vs BIMIX | |
| Baird Intermediate Bond Fund | 2.53% | — | Sep 2000 | PAXBX vs BIMSX | |
| DFA Diversified Fixed Income Portfolio | 2.61% | — | Aug 2016 | PAXBX vs DFXIX | |
| Johnson Institutional Intermediate Bond Fund | 2.73% | — | Aug 2000 | PAXBX vs JIBEX |
Lowest Drawdown Alternatives to PAXBX
PAXBX has a 1-year max drawdown of -2.94%. There are 40 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 | PAXBX vs DFXIX | |
| Fidelity Education Income Fund | -1.72% | — | Mar 2021 | PAXBX vs FEDUX | |
| Baird Intermediate Bond Fund | -1.87% | — | Sep 2000 | PAXBX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | -2.07% | — | Sep 2000 | PAXBX vs BIMIX | |
| CCM Community Impact Bond Fund | -2.15% | — | Aug 1999 | PAXBX vs CRAIX |
Other Mutual Funds from Pax World
The 8 most viewed Pax World mutual funds shown here include PGINX, PAXWX, PAXDX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Impax Global Environmental Markets Fund Institutio... | Global Equities, Sustainable, Alternative Energy Equities | 37 | 17.68% | — | Mar 2008 | PAXBX vs PGINX | |
| Pax Sustainable Allocation Fund | Diversified Portfolio | 43 | 5.40% | — | Aug 1971 | PAXBX vs PAXWX | |
| Pax Global Sustainable Infrastructure Fund | Energy Equities | 15 | 5.11% | — | Dec 2016 | PAXBX vs PAXDX | |
| Pax U.S. Sustainable Economy Fund | Large Cap Blend Equities | 76 | 13.32% | — | Jun 1997 | PAXBX vs PXWGX | |
| PAX LARGE CAP FUND | Large Cap Blend Equities | 22 | 4.36% | — | Dec 2016 | PAXBX vs PAXLX | |
| Pax Small Cap Fund | Small Cap Blend Equities | 53 | 12.12% | — | Mar 2008 | PAXBX vs PXSCX | |
| Pax Global Opportunities Fund | Global Equities | 9 | 5.23% | — | Jun 2018 | PAXBX vs PAXGX | |
| Pax High Yield Bond Fund | High Yield Bonds | 72 | 1.72% | — | Oct 1999 | PAXBX vs PAXHX |
Often Compared With PAXBX
Investors most often compare PAXBX with TCPYX, UMMGX, KCCIX. These 9 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Touchstone Impact Bond Fund | Intermediate Core Bond | 25 | 0.53% | — | Nov 1991 | PAXBX vs TCPYX | |
| Columbia Bond Fund | Intermediate Core Bond | — | — | — | Jan 1986 | PAXBX vs UMMGX | |
| Knights of Columbus Core Bond Fund | Intermediate Core Bond | 28 | 0.55% | — | Feb 2015 | PAXBX vs KCCIX | |
| T. Rowe Price New Income Fund | Intermediate Core Bond | 34 | 0.13% | — | Aug 1973 | PAXBX vs PRCIX | |
| Dupree Taxable Municipal Bond Fund | Intermediate Core Bond | 19 | 0.88% | — | Nov 2010 | PAXBX vs DUTMX | |
| MassMutual Core Bond Fund | Intermediate Core Bond | 39 | 0.85% | — | Sep 1994 | PAXBX vs MCBDX | |
| Old Westbury Fixed Income Fund | Intermediate Core Bond | 23 | 0.00% | — | Mar 1998 | PAXBX vs OWFIX | |
| SEI Institutional Investments Trust Core Fixed Inc... | Intermediate Core Bond | 22 | 0.41% | — | Jun 1996 | PAXBX vs SCOAX | |
| SEI Institutional Managed Trust Core Fixed Income ... | Intermediate Core Bond | 18 | 0.16% | — | May 1987 | PAXBX vs TRLVX |
Compare PAXBX with Any Fund or Stock
Compare PAXBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PAXBX with funds that move differently
PAX CORE BOND FUND alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PAXBX.
Explore PAXBX Diversifiers