Payden GNMA Fund (PYGNX) 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 PYGNX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PYGNX
PYGNX 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 | PYGNX vs GUSTX | |
| Fidelity Intermediate Treasury Bond Index Fund | 0.03% | — | Dec 2005 | PYGNX vs FUAMX | |
| Fidelity Long-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | PYGNX vs FNBGX | |
| Fidelity SAI Long-Term Treasury Bond Index Fund | 0.03% | — | Oct 2015 | PYGNX vs FBLTX | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | PYGNX vs FUMBX |
Best Risk-Adjusted Alternatives to PYGNX
PYGNX has a PortfoliosLab risk / return rank of 13. There are 45 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 99 | 1.81B | May 1987 | PYGNX vs DFFGX | |
| Federated Hermes Adjustable Rate Fund | 99 | — | Dec 1985 | PYGNX vs FEUGX | |
| GMO U.S. Treasury Fund | 99 | — | Mar 2009 | PYGNX vs GUSTX | |
| Integrity Short Term Government Fund | 91 | — | Jun 2011 | PYGNX vs MDSIX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 88 | — | Aug 2010 | PYGNX vs VSBIX |
Top Performing PYGNX Alternatives (YTD)
PYGNX is at -0.52% YTD. There are 41 mutual funds in the Government Bonds category with higher YTD returns, going as high as 2.05%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Integrity Short Term Government Fund | 2.05% | — | Jun 2011 | PYGNX vs MDSIX | |
| Federated Hermes Adjustable Rate Fund | 1.94% | — | Dec 1985 | PYGNX vs FEUGX | |
| DFA Short-Term Government Portfolio | 1.79% | 1.81B | May 1987 | PYGNX vs DFFGX | |
| GMO U.S. Treasury Fund | 1.59% | — | Mar 2009 | PYGNX vs GUSTX | |
| Davis Government Bond Fund | 0.94% | — | Nov 1994 | PYGNX vs RFBAX |
Lowest Volatility Alternatives to PYGNX
PYGNX has 4.17% 1-year volatility. There are 74 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 0.81%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 0.81% | 1.81B | May 1987 | PYGNX vs DFFGX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 1.21% | — | Aug 2010 | PYGNX vs VSBIX | |
| GMO U.S. Treasury Fund | 1.22% | — | Mar 2009 | PYGNX vs GUSTX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 1.22% | 33.80B | Dec 2009 | PYGNX vs VSBSX | |
| Federated Hermes Adjustable Rate Fund | 1.32% | — | Dec 1985 | PYGNX vs FEUGX |
Lowest Drawdown Alternatives to PYGNX
PYGNX has a 1-year max drawdown of -3.40%. There are 74 mutual funds in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | -0.20% | — | Mar 2009 | PYGNX vs GUSTX | |
| DFA Short-Term Government Portfolio | -0.30% | 1.81B | May 1987 | PYGNX vs DFFGX | |
| Federated Hermes Adjustable Rate Fund | -0.32% | — | Dec 1985 | PYGNX vs FEUGX | |
| Davis Government Bond Fund | -0.77% | — | Nov 1994 | PYGNX vs RFBAX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | -0.81% | — | Aug 2010 | PYGNX vs VSBIX |
Other Mutual Funds from Paydenfunds
The 10 most viewed Paydenfunds mutual funds shown here include PYFRX, PYHRX, PYELX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Payden Floating Rate Fund | Bank Loan | 99 | 2.36% | — | Nov 2013 | PYGNX vs PYFRX | |
| Payden High Income Fund | High Yield Bonds | 95 | 2.67% | — | Dec 1997 | PYGNX vs PYHRX | |
| Payden Emerging Markets Local Bond Fund | Emerging Markets Bonds | 34 | 1.46% | — | Nov 2011 | PYGNX vs PYELX | |
| Payden Global Low Duration Fund | Global Bonds | 80 | 1.07% | — | Sep 1996 | PYGNX vs PYGSX | |
| Payden Absolute Return Bond Fund | Nontraditional Bonds | 76 | 1.50% | — | Nov 2014 | PYGNX vs PYARX | |
| Payden Emerging Markets Corporate Bond Fund | Emerging Markets Bonds | 86 | 2.13% | — | Nov 2013 | PYGNX vs PYCEX | |
| Payden/Kravitz Cash Balance Plan Fund | Multisector Bonds | 89 | 2.22% | — | Sep 2008 | PYGNX vs PKBIX | |
| Payden Limited Maturity Fund | Ultrashort Bond | 98 | 1.65% | — | Apr 1994 | PYGNX vs PYLMX | |
| Payden Corporate Bond Fund | Corporate Bonds | 8 | -0.80% | — | Mar 2009 | PYGNX vs PYACX | |
| Payden Core Bond Fund | Intermediate Core-Plus Bond | 14 | -0.40% | — | Dec 1993 | PYGNX vs PYCBX |
Often Compared With PYGNX
Investors most often compare PYGNX with PYVLX, FUTBX, SEGMX. These 10 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Payden Equity Income Fund | Dividend, Large Cap Value Equities | 89 | 13.28% | — | Nov 1996 | PYGNX vs PYVLX | |
| Fidelity SAI U.S. Treasury Bond Index Fund | Government Bonds | 7 | -0.56% | — | Mar 2016 | PYGNX vs FUTBX | |
| SEI Daily Income Trust GNMA Fund | Government Bonds | 14 | -0.45% | — | Mar 1987 | PYGNX vs SEGMX | |
| PIMCO GNMA and Government Securities Fund | Government Bonds | 16 | -0.13% | — | Jul 1997 | PYGNX vs PDMIX | |
| T. Rowe Price GNMA Fund | Government Bonds | 22 | -0.36% | — | Nov 1985 | PYGNX vs PRGMX | |
| Vanguard Emerging Markets Government Bond Index Fu... | Government Bonds | 53 | 0.84% | 6.80B | May 2013 | PYGNX vs VGAVX | |
| Vanguard Emerging Markets Government Bond Index Fu... | Government Bonds | 53 | 0.90% | 6.80B | Feb 2015 | PYGNX vs VGIVX | |
| Vanguard S&P 500 ETF | S&P 500 | 72 | 13.74% | 1.70T | Sep 2010 | PYGNX vs VOO | |
| PIMCO Extended Duration Fund | Government Bonds | 1 | -6.01% | — | Aug 2006 | PYGNX vs PEDIX | |
| Vanguard Extended Duration Treasury Index Fund | Government Bonds | 1 | -6.16% | — | Nov 2007 | PYGNX vs VEDTX |
Compare PYGNX with Any Fund or Stock
Compare PYGNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PYGNX with funds that move differently
Payden GNMA Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PYGNX.
Explore PYGNX Diversifiers