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 85 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 17. There are 75 mutual funds in the Intermediate Core Bond category with higher risk-adjusted ranks, going as high as 61.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Hartford Schroders Tax-Aware Bond Fund | 61 | — | Oct 2011 | PAXBX vs STWTX | |
| Loomis Sayles Securitized Asset Fund | 59 | — | Mar 2006 | PAXBX vs LSSAX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | 55 | — | Aug 1995 | PAXBX vs PCGTX | |
| Manning & Napier Credit Series | 44 | — | Apr 2020 | PAXBX vs MCDWX | |
| DFA Diversified Fixed Income Portfolio | 39 | — | Aug 2016 | PAXBX vs DFXIX |
Top Performing PAXBX Alternatives (YTD)
PAXBX is at -0.13% YTD. There are 64 mutual funds in the Intermediate Core Bond category with higher YTD returns, going as high as 2.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PACE Mortgage-Backed Securities Fixed Income Inves... | 2.72% | — | Aug 1995 | PAXBX vs PCGTX | |
| Loomis Sayles Securitized Asset Fund | 1.20% | — | Mar 2006 | PAXBX vs LSSAX | |
| Hartford Schroders Tax-Aware Bond Fund | 1.08% | — | Oct 2011 | PAXBX vs STWTX | |
| DFA Diversified Fixed Income Portfolio | 0.77% | — | Aug 2016 | PAXBX vs DFXIX | |
| Fidelity SAI Investment Grade Securitized Fund | 0.76% | — | May 2023 | PAXBX vs FSMOX |
Lowest Volatility Alternatives to PAXBX
PAXBX has 3.79% 1-year volatility. There are 34 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 | 2.49% | — | Sep 2000 | PAXBX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | 2.50% | — | Sep 2000 | PAXBX vs BIMIX | |
| DFA Diversified Fixed Income Portfolio | 2.63% | — | 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 41 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 | |
| Fidelity Intermediate Bond Fund | -2.11% | — | May 1975 | PAXBX vs FTHRX |
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 | 28 | 17.23% | — | Mar 2008 | PAXBX vs PGINX | |
| Pax Sustainable Allocation Fund | Diversified Portfolio | 33 | 5.36% | — | Aug 1971 | PAXBX vs PAXWX | |
| Pax Global Sustainable Infrastructure Fund | Energy Equities | 18 | 5.11% | — | Dec 2016 | PAXBX vs PAXDX | |
| Pax U.S. Sustainable Economy Fund | Large Cap Blend Equities | 69 | 12.88% | — | Jun 1997 | PAXBX vs PXWGX | |
| PAX LARGE CAP FUND | Large Cap Blend Equities | 10 | 2.42% | — | Dec 2016 | PAXBX vs PAXLX | |
| Pax Small Cap Fund | Small Cap Blend Equities | 85 | 24.74% | — | Mar 2008 | PAXBX vs PXSCX | |
| Pax Global Opportunities Fund | Global Equities | 7 | 5.60% | — | Jun 2018 | PAXBX vs PAXGX | |
| Pax High Yield Bond Fund | High Yield Bonds | 76 | 2.05% | — | Oct 1999 | PAXBX vs PAXHX |
Often Compared With PAXBX
Investors most often compare PAXBX with TCPYX, KCCIX, DUTMX. These 11 comparison targets span 1 categories, based on PortfoliosLab usage data.
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