T. Rowe Price Corporate Income Fund (PRPIX) belongs to the Corporate Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PRPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PRPIX
PRPIX charges 0.56% annually. There are 17 mutual funds in the Corporate Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Long-Term Corporate Bond Index Fund Insti... | 0.05% | — | Nov 2009 | PRPIX vs VLCIX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 0.05% | — | Nov 2009 | PRPIX vs VSTBX | |
| Vanguard Intermediate-Term Corporate Bond Index Fu... | 0.05% | — | Nov 2009 | PRPIX vs VICBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 0.07% | 49.50B | Nov 2010 | PRPIX vs VSCSX | |
| Vanguard Intermediate-Term Corporate Bond Index Fu... | 0.07% | 68.10B | Mar 2010 | PRPIX vs VICSX |
Best Risk-Adjusted Alternatives to PRPIX
PRPIX has a PortfoliosLab risk / return rank of 41. There are 4 mutual funds in the Corporate Bonds category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Intermediate Bond Fund | 91 | — | Dec 2014 | PRPIX vs MIFIX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 81 | — | Nov 2009 | PRPIX vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 79 | 49.50B | Nov 2010 | PRPIX vs VSCSX | |
| John Hancock Managed Account Shares Investment-Gra... | 47 | — | Jul 2019 | PRPIX vs JMABX | |
| iMGP Dolan McEniry Corporate Bond Fund | 36 | — | Sep 2018 | PRPIX vs IDMIX |
Top Performing PRPIX Alternatives (YTD)
PRPIX is at 0.40% YTD. There are 33 mutual funds in the Corporate Bonds category with higher YTD returns, going as high as 5.09%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Intermediate Bond Fund | 5.09% | — | Dec 2014 | PRPIX vs MIFIX | |
| Western Asset SMASh Series C Fund | 1.60% | — | Dec 2006 | PRPIX vs LMLCX | |
| Vanguard Long-Term Corporate Bond Index Fund Admir... | 1.12% | 8.60B | Jan 2010 | PRPIX vs VLTCX | |
| Vanguard Long-Term Corporate Bond Index Fund Insti... | 1.11% | — | Nov 2009 | PRPIX vs VLCIX | |
| AB Corporate Income Shares | 0.98% | — | Dec 2006 | PRPIX vs ACISX |
Lowest Volatility Alternatives to PRPIX
PRPIX has 4.18% 1-year volatility. There are 18 mutual funds in the Corporate Bonds category with lower 1-year volatility, going as low as 1.75%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 1.75% | 49.50B | Nov 2010 | PRPIX vs VSCSX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 1.76% | — | Nov 2009 | PRPIX vs VSTBX | |
| LKCM Fixed Income Fund | 2.58% | — | Dec 1997 | PRPIX vs LKFIX | |
| iMGP Dolan McEniry Corporate Bond Fund | 2.90% | — | Sep 2018 | PRPIX vs IDMIX | |
| Miller Intermediate Bond Fund | 3.02% | — | Dec 2014 | PRPIX vs MIFIX |
Lowest Drawdown Alternatives to PRPIX
PRPIX has a 1-year max drawdown of -3.29%. There are 27 mutual funds in the Corporate Bonds category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Corporate Bond Index Fund Inst... | -1.31% | — | Nov 2009 | PRPIX vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | -1.36% | 49.50B | Nov 2010 | PRPIX vs VSCSX | |
| LKCM Fixed Income Fund | -1.76% | — | Dec 1997 | PRPIX vs LKFIX | |
| Federated Hermes Intermediate Corporate Bond Fund | -2.28% | — | Dec 1993 | PRPIX vs FIIFX | |
| iMGP Dolan McEniry Corporate Bond Fund | -2.38% | — | Sep 2018 | PRPIX vs IDMIX |
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 | 21 | 6.21% | — | Jun 1993 | PRPIX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 51 | 6.04% | — | Jun 1986 | PRPIX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 38 | 6.75% | — | Dec 1992 | PRPIX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 71 | 11.76% | — | Nov 1994 | PRPIX vs PRCOX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 15 | 0.94% | — | Sep 1985 | PRPIX vs PRWAX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 73 | 11.46% | — | Mar 1990 | PRPIX vs PREIX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 23 | 6.27% | — | — | PRPIX vs TBCIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 20 | 6.07% | — | Oct 2001 | PRPIX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 90 | 38.20% | — | Sep 1987 | PRPIX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 30 | 8.90% | — | Feb 2004 | PRPIX vs TRRJX |
Often Compared With PRPIX
Investors most often compare PRPIX with RPIFX, JEPI, PRSGX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare PRPIX with Any Fund or Stock
Compare PRPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PRPIX with funds that move differently
T. Rowe Price Corporate Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PRPIX.
Explore PRPIX Diversifiers