Federated Hermes MDT Balanced Fund (QIBGX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with QIBGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QIBGX
QIBGX charges 1.06% annually. There are 440 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | QIBGX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | QIBGX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | QIBGX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | QIBGX vs VBAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | QIBGX vs BWBIX |
Best Risk-Adjusted Alternatives to QIBGX
QIBGX has a PortfoliosLab risk / return rank of 24. There are 505 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | QIBGX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | QIBGX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | QIBGX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | QIBGX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | QIBGX vs FSRRX |
Top Performing QIBGX Alternatives (YTD)
QIBGX is at 5.62% YTD. There are 318 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.12% | — | Jan 1998 | QIBGX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | QIBGX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | QIBGX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | QIBGX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | QIBGX vs BRUFX |
Lowest Volatility Alternatives to QIBGX
QIBGX has 14.07% 1-year volatility. There are 517 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | QIBGX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | QIBGX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | QIBGX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | QIBGX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | QIBGX vs CSTAX |
Lowest Drawdown Alternatives to QIBGX
QIBGX has a 1-year max drawdown of -11.09%. There are 525 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | QIBGX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | QIBGX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | QIBGX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | QIBGX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | QIBGX vs CSTAX |
Other Mutual Funds from Federated
The 10 most viewed Federated mutual funds shown here include SVAIX, QILGX, QAMNX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | Large Cap Value Equities | 94 | 15.85% | — | Mar 2005 | QIBGX vs SVAIX | |
| Federated Hermes MDT Large Cap Growth Fund | Large Cap Growth Equities | 16 | 2.55% | — | Sep 2005 | QIBGX vs QILGX | |
| Federated Hermes MDT Market Neutral A | Long-Short | 54 | 4.61% | — | Sep 2008 | QIBGX vs QAMNX | |
| Federated Hermes MDT All Cap Core Fund | Large Cap Blend Equities | 53 | 8.33% | — | Oct 2002 | QIBGX vs QIACX | |
| Federated Hermes Kaufmann Fd | Mid Cap Growth Equities | 14 | 8.01% | — | Feb 1986 | QIBGX vs KAUFX | |
| Federated Hermes High-Yield Strategy Portfolio | High Yield Bonds | 74 | 0.96% | — | Dec 2008 | QIBGX vs FHYSX | |
| Federated Hermes MDT Mid Cap Growth Fund | Mid Cap Growth Equities | 4 | -0.82% | — | Aug 1984 | QIBGX vs FGSAX | |
| Federated Hermes Opportunistic High Yield Bond Fun... | High Yield Bonds | 59 | 1.32% | — | Aug 1984 | QIBGX vs FHYTX | |
| Federated Hermes Institutional High Yield Bond Fun... | High Yield Bonds | 64 | 0.85% | — | Nov 2002 | QIBGX vs FIHBX | |
| Federated Hermes Prudent Bear Fd | Inverse Equities | 0 | -6.07% | — | Dec 1995 | QIBGX vs BEARX |
Often Compared With QIBGX
Investors most often compare QIBGX with TRAIX, SIFAX, WWWEX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare QIBGX with Any Fund or Stock
Compare QIBGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QIBGX with funds that move differently
Federated Hermes MDT Balanced Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QIBGX.
Explore QIBGX Diversifiers