Payden Strategic Income Fund (PYSGX) belongs to the Short-Term Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PYSGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PYSGX
PYSGX charges 0.85% annually. There are 112 mutual funds in the Short-Term Bond category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Institutional Intermediate-Term Bond Fund | 0.02% | — | Jun 2015 | PYSGX vs VIITX | |
| Vanguard Institutional Short-Term Bond Fund | 0.02% | — | Jun 2015 | PYSGX vs VISTX | |
| Schwab Short-Term Bond Index Fund | 0.06% | — | Feb 2017 | PYSGX vs SWSBX | |
| TIAA-CREF Short-Term Bond Index Fund | 0.09% | — | Aug 2015 | PYSGX vs TNSHX | |
| Vanguard Short-Term Bond Index Fund | 0.15% | — | Mar 1994 | PYSGX vs VBISX |
Best Risk-Adjusted Alternatives to PYSGX
PYSGX has a PortfoliosLab risk / return rank of 75. There are 52 mutual funds in the Short-Term Bond category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Diamond Hill Short Duration Securitized Bond Fund ... | 99 | — | Jul 2016 | PYSGX vs DHEIX | |
| GuidepathConservative Income Fund | 99 | — | Apr 2018 | PYSGX vs GPICX | |
| DFA Short-Duration Real Return Portfolio | 99 | — | Nov 2013 | PYSGX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 99 | — | Jul 2016 | PYSGX vs DHEAX | |
| DoubleLine Low Duration Bond Fund | 97 | — | Sep 2011 | PYSGX vs DBLSX |
Top Performing PYSGX Alternatives (YTD)
PYSGX is at 0.83% YTD. There are 57 mutual funds in the Short-Term Bond category with higher YTD returns, going as high as 10.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Absolute Return Allocation Fund | 10.27% | — | Apr 2011 | PYSGX vs GPARX | |
| Leader Short Term High Yield Bond Fund | 3.89% | — | Jul 2005 | PYSGX vs LCCMX | |
| DFA Short-Duration Real Return Portfolio | 2.57% | — | Nov 2013 | PYSGX vs DFAIX | |
| Holbrook Income Fund | 2.12% | — | Jul 2016 | PYSGX vs HOBEX | |
| BlackRock Allocation Target Shares Series A Portfo... | 1.87% | — | Sep 2015 | PYSGX vs BATAX |
Lowest Volatility Alternatives to PYSGX
PYSGX has 2.20% 1-year volatility. There are 89 mutual funds in the Short-Term Bond category with lower 1-year volatility, going as low as 0.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidepathConservative Income Fund | 0.83% | — | Apr 2018 | PYSGX vs GPICX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 1.05% | — | Jul 2016 | PYSGX vs DHEIX | |
| DFA Short-Term Extended Quality Portfolio | 1.07% | — | Mar 2009 | PYSGX vs DFEQX | |
| DFA Short-Duration Real Return Portfolio | 1.10% | — | Nov 2013 | PYSGX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 1.11% | — | Jul 2016 | PYSGX vs DHEAX |
Lowest Drawdown Alternatives to PYSGX
PYSGX has a 1-year max drawdown of -1.95%. There are 115 mutual funds in the Short-Term Bond category with shallower 1-year drawdowns, going as shallow as -0.25%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidepathConservative Income Fund | -0.25% | — | Apr 2018 | PYSGX vs GPICX | |
| DFA Short-Duration Real Return Portfolio | -0.47% | — | Nov 2013 | PYSGX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | -0.50% | — | Jul 2016 | PYSGX vs DHEAX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | -0.50% | — | Jul 2016 | PYSGX vs DHEIX | |
| Holbrook Income Fund | -0.61% | — | Jul 2016 | PYSGX vs HOBEX |
Other Mutual Funds from Paydenfunds
The 10 most viewed Paydenfunds mutual funds shown here include PYHRX, PYFRX, PYELX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Payden High Income Fund | High Yield Bonds | 95 | 2.36% | — | Dec 1997 | PYSGX vs PYHRX | |
| Payden Floating Rate Fund | Bank Loan | 98 | 1.52% | — | Nov 2013 | PYSGX vs PYFRX | |
| Payden Emerging Markets Local Bond Fund | Emerging Markets Bonds | 30 | 1.20% | — | Nov 2011 | PYSGX vs PYELX | |
| Payden Global Low Duration Fund | Global Bonds | 80 | 0.64% | — | Sep 1996 | PYSGX vs PYGSX | |
| Payden Absolute Return Bond Fund | Nontraditional Bonds | 68 | 0.82% | — | Nov 2014 | PYSGX vs PYARX | |
| Payden Emerging Markets Corporate Bond Fund | Emerging Markets Bonds | 89 | 1.98% | — | Nov 2013 | PYSGX vs PYCEX | |
| Payden Limited Maturity Fund | Ultrashort Bond | 97 | 1.39% | — | Apr 1994 | PYSGX vs PYLMX | |
| Payden/Kravitz Cash Balance Plan Fund | Multisector Bonds | 83 | 1.51% | — | Sep 2008 | PYSGX vs PKBIX | |
| Payden Core Bond Fund | Intermediate Core-Plus Bond | 31 | 0.39% | — | Dec 1993 | PYSGX vs PYCBX | |
| Payden Corporate Bond Fund | Corporate Bonds | 24 | 0.47% | — | Mar 2009 | PYSGX vs PYACX |
Often Compared With PYSGX
Investors most often compare PYSGX with QQQ, VEU, PYVLX. These 9 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 73 | 21.30% | 493.99B | Mar 1999 | PYSGX vs QQQ | |
| Vanguard FTSE All-World ex-US ETF | Foreign Large Cap Equities | 60 | 14.60% | 90.70B | Mar 2007 | PYSGX vs VEU | |
| Payden Equity Income Fund | Large Cap Value Equities | 64 | 9.82% | — | Nov 1996 | PYSGX vs PYVLX | |
| DFA Two-Year Fixed Income Portfolio | Short-Term Bond | 66 | 1.52% | — | Jun 1996 | PYSGX vs DFCFX | |
| Destinations Low Duration Fixed Income Fund | Short-Term Bond | 94 | 1.61% | — | Mar 2017 | PYSGX vs DLDFX | |
| SEI Asset Allocation Trust Defensive Strategy Fund | Short-Term Bond | 89 | 1.86% | — | Nov 2003 | PYSGX vs SNSAX | |
| T. Rowe Price Short Duration Income Fund | Short-Term Bond | 96 | 0.90% | — | Dec 2020 | PYSGX vs TSDLX | |
| Sextant Short Term Bond Fund | Short-Term Bond | — | — | — | Sep 1995 | PYSGX vs STBFX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 64 | 1.15% | — | Dec 2013 | PYSGX vs SDMZX |
Compare PYSGX with Any Fund or Stock
Compare PYSGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PYSGX with funds that move differently
Payden Strategic Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PYSGX.
Explore PYSGX Diversifiers