T. Rowe Price QM U.S. Bond Index Fund (PBDIX) belongs to the Total Bond Market category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PBDIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PBDIX
PBDIX charges 0.23% annually. There are 35 mutual funds in the Total Bond Market category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Total Bond Market II Index Fund | 0.02% | — | — | PBDIX vs VTBNX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.03% | 394.40B | Sep 1995 | PBDIX vs VBTIX | |
| Fidelity U.S. Bond Index Fund | 0.03% | — | Mar 1990 | PBDIX vs FXNAX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.03% | 394.40B | Feb 2010 | PBDIX vs VBMPX | |
| Fidelity Short-Term Bond Index Fund | 0.03% | — | Oct 2017 | PBDIX vs FNSOX |
Best Risk-Adjusted Alternatives to PBDIX
PBDIX has a PortfoliosLab risk / return rank of 29. There are 57 mutual funds in the Total Bond Market category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 100 | — | Feb 2015 | PBDIX vs VUSFX | |
| Fidelity Flex Conservative Income Bond Fund | 100 | — | May 2018 | PBDIX vs FJTDX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 99 | 15.70B | Feb 2015 | PBDIX vs VUBFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 99 | — | Oct 2008 | PBDIX vs JSOSX | |
| Fidelity Series Short-Term Credit Fund | 90 | — | Mar 2015 | PBDIX vs FYBTX |
Top Performing PBDIX Alternatives (YTD)
PBDIX is at 0.28% YTD. There are 51 mutual funds in the Total Bond Market category with higher YTD returns, going as high as 2.88%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Strategic Income Fund Class Z | 2.88% | — | Oct 2018 | PBDIX vs FIWDX | |
| Fidelity Advisor Strategic Income Fund Class I | 2.75% | — | Jul 1995 | PBDIX vs FSRIX | |
| Fidelity Advisor Strategic Income Fund Class A | 2.72% | — | Sep 1996 | PBDIX vs FSTAX | |
| Fidelity Advisor Strategic Income Fund Class M | 2.72% | — | Oct 1994 | PBDIX vs FSIAX | |
| Fidelity Advisor Strategic Income Fund Class C | 2.25% | — | Nov 1997 | PBDIX vs FSRCX |
Lowest Volatility Alternatives to PBDIX
PBDIX has 4.17% 1-year volatility. There are 82 mutual funds in the Total Bond Market category with lower 1-year volatility, going as low as 0.60%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 0.60% | — | Feb 2015 | PBDIX vs VUSFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.68% | — | Oct 2008 | PBDIX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 0.80% | 15.70B | Feb 2015 | PBDIX vs VUBFX | |
| Fidelity Flex Conservative Income Bond Fund | 1.26% | — | May 2018 | PBDIX vs FJTDX | |
| Fidelity Advisor Short-Term Bond Fund Class C | 1.82% | — | Jul 2016 | PBDIX vs FANCX |
Lowest Drawdown Alternatives to PBDIX
PBDIX has a 1-year max drawdown of -2.94%. There are 60 mutual funds in the Total Bond Market category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Flex Conservative Income Bond Fund | -0.10% | — | May 2018 | PBDIX vs FJTDX | |
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | -0.25% | — | Feb 2015 | PBDIX vs VUSFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | -0.26% | — | Oct 2008 | PBDIX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | -0.30% | 15.70B | Feb 2015 | PBDIX vs VUBFX | |
| Fidelity Short-Term Bond Fund | -1.17% | — | Sep 1986 | PBDIX vs FSHBX |
Other Mutual Funds from T. Rowe Price
The 10 most viewed T. Rowe Price mutual funds shown here include TRBCX, PRWCX, PRDGX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Blue Chip Growth Fund | Large Cap Growth Equities | 11 | 2.13% | — | Jun 1993 | PBDIX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 54 | 7.41% | — | Jun 1986 | PBDIX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 68 | 10.30% | — | Dec 1992 | PBDIX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 65 | 11.48% | — | Nov 1994 | PBDIX vs PRCOX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 11 | 2.21% | — | — | PBDIX vs TBCIX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 12 | 1.33% | — | Sep 1985 | PBDIX vs PRWAX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 67 | 11.19% | — | Mar 1990 | PBDIX vs PREIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 13 | 3.93% | — | Oct 2001 | PBDIX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 51 | 25.22% | — | Sep 1987 | PBDIX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 31 | 9.07% | — | Feb 2004 | PBDIX vs TRRJX |
Often Compared With PBDIX
Investors most often compare PBDIX with VBTLX, RPIFX, PRXCX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare PBDIX with Any Fund or Stock
Compare PBDIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PBDIX with funds that move differently
T. Rowe Price QM U.S. Bond Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PBDIX.
Explore PBDIX Diversifiers