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 437 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 Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | QIBGX vs VTMFX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | QIBGX vs BWBIX |
Best Risk-Adjusted Alternatives to QIBGX
QIBGX has a PortfoliosLab risk / return rank of 22. There are 506 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 | 97 | — | Dec 2009 | QIBGX vs NWQIX | |
| Allspring Diversified Capital Builder Fund | 95 | — | Jan 1998 | QIBGX vs EKBAX | |
| Pioneer Balanced ESG Fund | 94 | — | Dec 1991 | QIBGX vs AYBLX |
Top Performing QIBGX Alternatives (YTD)
QIBGX is at 4.91% YTD. There are 385 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 36.76%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 36.76% | — | Jan 1998 | QIBGX vs EKBAX | |
| Greenspring Fund | 20.69% | — | Jun 1983 | QIBGX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 18.72% | — | Aug 1998 | QIBGX vs MHELX | |
| Thornburg Investment Income Builder Fund Class I | 17.68% | — | Dec 2002 | QIBGX vs TIBIX | |
| Sound Mind Investing Fund | 15.94% | — | Dec 2005 | QIBGX vs SMIFX |
Lowest Volatility Alternatives to QIBGX
QIBGX has 13.98% 1-year volatility. There are 518 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.85% | — | Nov 2003 | QIBGX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.82% | — | Apr 2012 | QIBGX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.85% | — | Nov 2003 | QIBGX vs SICIX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | QIBGX vs AVEFX | |
| American Funds College 2027 Fund | 3.13% | — | Sep 2012 | QIBGX vs CSTAX |
Lowest Drawdown Alternatives to QIBGX
QIBGX has a 1-year max drawdown of -11.09%. There are 523 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 | |
| Fidelity Strategic Real Return Fund Class K6 | -2.57% | — | Sep 2005 | QIBGX vs FSRKX | |
| 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 |
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 | 78 | 8.76% | — | Mar 2005 | QIBGX vs SVAIX | |
| Federated Hermes MDT Large Cap Growth Fund | Large Cap Growth Equities | 22 | 5.22% | — | Sep 2005 | QIBGX vs QILGX | |
| Federated Hermes MDT Market Neutral A | Long-Short | 6 | -1.55% | — | Sep 2008 | QIBGX vs QAMNX | |
| Federated Hermes Kaufmann Fd | Mid Cap Growth Equities | 15 | 9.43% | — | Feb 1986 | QIBGX vs KAUFX | |
| Federated Hermes MDT All Cap Core Fund | Large Cap Blend Equities | 47 | 5.92% | — | Oct 2002 | QIBGX vs QIACX | |
| Federated Hermes MDT Mid Cap Growth Fund | Mid Cap Growth Equities | 4 | -0.33% | — | Aug 1984 | QIBGX vs FGSAX | |
| Federated Hermes High-Yield Strategy Portfolio | High Yield Bonds | 69 | 1.19% | — | Dec 2008 | QIBGX vs FHYSX | |
| Federated Hermes Prudent Bear Fd | Inverse Equities | 0 | -7.92% | — | Dec 1995 | QIBGX vs BEARX | |
| Federated Hermes Institutional High Yield Bond Fun... | High Yield Bonds | 65 | 1.16% | — | Nov 2002 | QIBGX vs FIHBX | |
| Federated Hermes Opportunistic High Yield Bond Fun... | High Yield Bonds | 55 | 1.34% | — | Aug 1984 | QIBGX vs FHYTX |
Often Compared With QIBGX
Investors most often compare QIBGX with TRAIX, IOEZX, PUDZX. These 19 comparison targets span 3 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