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 Intermediate Treasury Bond Index Fund | 0.03% | — | — | PNIGX vs FUAMX | |
| Fidelity SAI Long-Term Treasury Bond Index Fund | 0.03% | — | Oct 2015 | PNIGX vs FBLTX | |
| Fidelity SAI U.S. Treasury Bond Index Fund | 0.03% | — | Mar 2016 | PNIGX vs FUTBX | |
| Fidelity Long-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | PNIGX vs FNBGX |
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 | |
| GMO U.S. Treasury Fund | 99 | — | Mar 2009 | PNIGX vs GUSTX | |
| Integrity Short Term Government Fund | 87 | — | Jun 2011 | PNIGX vs MDSIX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 84 | — | Aug 2010 | PNIGX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 82 | 33.90B | 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 2.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Emerging Markets Government Bond Index Fu... | 2.03% | 6.60B | Feb 2015 | PNIGX vs VGIVX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 1.96% | 6.60B | May 2013 | PNIGX vs VGAVX | |
| Integrity Short Term Government Fund | 1.88% | — | Jun 2011 | PNIGX vs MDSIX | |
| Federated Hermes Adjustable Rate Fund | 1.82% | — | Dec 1985 | PNIGX vs FEUGX | |
| DFA Short-Term Government Portfolio | 1.38% | — | May 1987 | PNIGX vs DFFGX |
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 1.24%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 1.24% | — | Mar 2009 | PNIGX vs GUSTX | |
| DFA Short-Term Government Portfolio | 1.26% | — | May 1987 | PNIGX vs DFFGX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 1.31% | 33.90B | Dec 2009 | PNIGX vs VSBSX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 1.31% | — | Aug 2010 | PNIGX vs VSBIX | |
| Federated Hermes Adjustable Rate Fund | 1.41% | — | 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 | |
| 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 | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | -0.84% | 33.90B | Dec 2009 | PNIGX vs VSBSX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 30 | 11.26% | — | Sep 2021 | PNIGX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 65 | 9.77% | — | Jul 1993 | PNIGX vs WFSPX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 96 | 13.03% | — | Dec 2012 | PNIGX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 69 | 12.39% | — | May 2011 | PNIGX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.90% | — | Dec 1991 | PNIGX vs FASGX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 28 | 1.80% | — | Aug 2005 | PNIGX vs BDJ | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 64 | 11.89% | — | Jul 2010 | PNIGX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 69 | 43.67% | — | Apr 2000 | PNIGX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 79 | 7.45% | — | Oct 2007 | PNIGX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 77 | 14.17% | — | Sep 1999 | PNIGX vs FAMRX |
Often Compared With PNIGX
Investors most often compare PNIGX with ^GSPC, NASDX, PDMIX. These 8 comparison targets span 7 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| S&P 500 Index | 61 | 7.60% | — | — | PNIGX vs ^GSPC | ||
| Shelton Capital Management Nasdaq-100 Index Fund D... | Large Cap Growth Equities | 71 | 20.21% | — | Jan 2000 | PNIGX vs NASDX | |
| PIMCO GNMA and Government Securities Fund | Government Bonds | 26 | 0.80% | — | Jul 1997 | PNIGX vs PDMIX | |
| Fidelity Short-Term Treasury Bond Index Fund | Short-Term Bond, Government Bonds | 29 | -0.11% | — | Dec 2005 | PNIGX vs FUMBX | |
| T. Rowe Price GNMA Fund | Government Bonds | 39 | 0.69% | — | Nov 1985 | PNIGX vs PRGMX | |
| Vanguard Financials Index Fund Admiral Shares | Financials Equities | 8 | -0.70% | 13.50B | Feb 2004 | PNIGX vs VFAIX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | Large Cap Blend Equities | 63 | 9.59% | 30.00B | Sep 1994 | PNIGX vs VTCLX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | Diversified Portfolio, Municipal Bonds | 76 | 5.23% | 12.30B | Sep 1994 | PNIGX vs VTMFX |
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