BlackRock U.S. Government Bond Portfolio (PNIGX) belongs to the Government Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PNIGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PNIGX
PNIGX charges 0.45% annually. There are 35 mutual funds in the Government Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.01% | — | Mar 2009 | PNIGX vs GUSTX | |
| Fidelity SAI U.S. Treasury Bond Index Fund | 0.03% | — | Mar 2016 | PNIGX vs FUTBX | |
| Fidelity SAI Long-Term Treasury Bond Index Fund | 0.03% | — | Oct 2015 | PNIGX vs FBLTX | |
| Fidelity Long-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | PNIGX vs FNBGX | |
| Fidelity Intermediate Treasury Bond Index Fund | 0.03% | — | Dec 2005 | PNIGX vs FUAMX |
Best Risk-Adjusted Alternatives to PNIGX
Among 97 mutual funds in the Government Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Adjustable Rate Fund | 99 | — | Dec 1985 | PNIGX vs FEUGX | |
| DFA Short-Term Government Portfolio | 99 | 1.81B | May 1987 | PNIGX vs DFFGX | |
| GMO U.S. Treasury Fund | 99 | — | Mar 2009 | PNIGX vs GUSTX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 94 | — | Aug 2010 | PNIGX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 93 | 33.80B | Dec 2009 | PNIGX vs VSBSX |
Top Performing PNIGX Alternatives (YTD)
Among 97 mutual funds in the Government Bonds category with YTD return data, the top-performing alternatives shown here go as high as 1.94%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Adjustable Rate Fund | 1.94% | — | Dec 1985 | PNIGX vs FEUGX | |
| DFA Short-Term Government Portfolio | 1.79% | 1.81B | May 1987 | PNIGX vs DFFGX | |
| Integrity Short Term Government Fund | 1.60% | — | Jun 2011 | PNIGX vs MDSIX | |
| GMO U.S. Treasury Fund | 1.59% | — | Mar 2009 | PNIGX vs GUSTX | |
| Davis Government Bond Fund | 1.14% | — | Nov 1994 | PNIGX vs RFBAX |
Lowest Volatility Alternatives to PNIGX
Among 97 mutual funds in the Government Bonds category with 1-year volatility data, the lowest-volatility alternatives shown here go as low as 0.81%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 0.81% | 1.81B | May 1987 | PNIGX vs DFFGX | |
| GMO U.S. Treasury Fund | 1.27% | — | Mar 2009 | PNIGX vs GUSTX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 1.30% | — | Aug 2010 | PNIGX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 1.30% | 33.80B | Dec 2009 | PNIGX vs VSBSX | |
| Federated Hermes Adjustable Rate Fund | 1.37% | — | Dec 1985 | PNIGX vs FEUGX |
Lowest Drawdown Alternatives to PNIGX
Among 97 mutual funds in the Government Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | -0.20% | — | Mar 2009 | PNIGX vs GUSTX | |
| DFA Short-Term Government Portfolio | -0.30% | 1.81B | May 1987 | PNIGX vs DFFGX | |
| Federated Hermes Adjustable Rate Fund | -0.32% | — | Dec 1985 | PNIGX vs FEUGX | |
| Davis Government Bond Fund | -0.77% | — | Nov 1994 | PNIGX vs RFBAX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | -0.81% | — | Aug 2010 | PNIGX vs VSBIX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 29 | 10.45% | — | Sep 2021 | PNIGX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 63 | 9.34% | — | Jul 1993 | PNIGX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 97 | 12.04% | — | Dec 2012 | PNIGX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund - Institutional... | Target Retirement Date | 70 | 11.03% | — | May 2011 | PNIGX vs LIVIX | |
| BlackRock Enhanced Equity Dividend Trust | Derivative Income | 64 | 8.08% | — | Aug 2005 | PNIGX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 30 | 22.08% | — | May 2000 | PNIGX vs BGSAX | |
| BlackRock Global Equity Market Neutral Fund Invest... | Equity Market Neutral | 97 | 11.82% | — | Dec 2012 | PNIGX vs BDMAX | |
| BlackRock Strategic Income Opportunities Fund Clas... | Total Bond Market | 64 | 1.03% | — | Feb 2008 | PNIGX vs BSIIX | |
| BlackRock Equity Dividend Fund | Large Cap Value Equities | 87 | 15.65% | — | Nov 1988 | PNIGX vs MADVX | |
| BlackRock High Yield K | High Yield Bonds | 78 | 1.22% | — | Jan 2001 | PNIGX vs BRHYX |
Often Compared With PNIGX
Investors most often compare PNIGX with ^GSPC, NASDX, VGIVX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare PNIGX with Any Fund or Stock
Compare PNIGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PNIGX with funds that move differently
BlackRock U.S. Government Bond Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PNIGX.
Explore PNIGX Diversifiers