T. Rowe Price Dynamic Credit Fund (RPELX) belongs to the Nontraditional Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RPELX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RPELX
RPELX charges 0.56% annually. There are 5 mutual funds in the Nontraditional Bonds category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | RPELX vs GMODX | |
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | RPELX vs PMOTX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | RPELX vs SUBFX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | RPELX vs PUTIX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | RPELX vs FPFIX |
Best Risk-Adjusted Alternatives to RPELX
RPELX has a PortfoliosLab risk / return rank of 41. There are 53 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | RPELX vs CBYYX | |
| PGIM Securitized Credit Fund | 99 | — | Jun 2019 | RPELX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | RPELX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | RPELX vs APFPX | |
| DoubleLine Flexible Income Fund | 98 | — | Apr 2014 | RPELX vs DFLEX |
Top Performing RPELX Alternatives (YTD)
RPELX is at 0.19% YTD. There are 62 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 6.67%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 6.67% | — | Aug 2010 | RPELX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 4.69% | — | Apr 2015 | RPELX vs PMOTX | |
| Anchor Risk Managed Credit Strategies Fund | 4.38% | — | Sep 2015 | RPELX vs ATCSX | |
| Eaton Vance Global Macro Absolute Return Fund | 4.26% | — | Jun 2007 | RPELX vs EIGMX | |
| Artisan Global Unconstrained Fund | 4.00% | — | Mar 2022 | RPELX vs APFPX |
Lowest Volatility Alternatives to RPELX
RPELX has 3.18% 1-year volatility. There are 50 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 1.01%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dunham Long/Short Credit Fund | 1.01% | — | Dec 2004 | RPELX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.23% | — | Jan 2023 | RPELX vs CBYYX | |
| DoubleLine Flexible Income Fund | 1.31% | — | Apr 2014 | RPELX vs DFLEX | |
| GMO Opportunistic Income Fund | 1.35% | — | Oct 2011 | RPELX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.36% | — | Sep 2011 | RPELX vs BGCIX |
Lowest Drawdown Alternatives to RPELX
RPELX has a 1-year max drawdown of -1.38%. There are 13 mutual funds in the Nontraditional Bonds category with shallower 1-year drawdowns, going as shallow as -0.09%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.09% | — | Jan 2023 | RPELX vs CBYYX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | RPELX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | RPELX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | RPELX vs GMODX | |
| PGIM Absolute Return Bond Fund | -0.76% | — | Mar 2011 | RPELX vs PADZX |
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 | 19 | 5.48% | — | Jun 1993 | RPELX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 49 | 5.76% | — | Jun 1986 | RPELX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 40 | 7.60% | — | Dec 1992 | RPELX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 69 | 12.08% | — | Nov 1994 | RPELX vs PRCOX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 15 | 1.11% | — | Sep 1985 | RPELX vs PRWAX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 72 | 11.61% | — | Mar 1990 | RPELX vs PREIX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 21 | 5.54% | — | — | RPELX vs TBCIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 18 | 5.12% | — | Oct 2001 | RPELX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 91 | 41.41% | — | Sep 1987 | RPELX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 32 | 9.32% | — | Feb 2004 | RPELX vs TRRJX |
Often Compared With RPELX
Investors most often compare RPELX with SGOV, BBHY, LQDH. These 11 comparison targets span 6 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.51% | 91.90B | May 2020 | RPELX vs SGOV | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | High Yield Bonds | 63 | 1.58% | 608.96M | Sep 2016 | RPELX vs BBHY | |
| iShares Interest Rate Hedged Corporate Bond ETF | Corporate Bonds | 80 | 2.31% | 514.83M | May 2014 | RPELX vs LQDH | |
| Janus Henderson AAA CLO ETF | CLO | 98 | 1.87% | 27.32B | Oct 2020 | RPELX vs JAAA | |
| PIMCO Dynamic Income Fund | 44 | 0.45% | — | — | RPELX vs PDI | ||
| T. Rowe Price New Horizons Fund | Mid Cap Growth Equities | 30 | 15.06% | — | Jun 1960 | RPELX vs PRNHX | |
| Anfield Universal Fixed Income Fund | Nontraditional Bonds | 94 | 1.42% | — | Jun 2013 | RPELX vs AFLIX | |
| Toews Unconstrained Income Fund | Nontraditional Bonds | 49 | 0.38% | — | Aug 2013 | RPELX vs TUIFX | |
| Templeton Global Total Return Fund | Nontraditional Bonds | 22 | 2.21% | — | Sep 2008 | RPELX vs TTRZX | |
| Wavelength Interest Rate Neutral Fund | Nontraditional Bonds | 80 | 3.33% | — | Sep 2013 | RPELX vs WAVLX | |
| T. Rowe Price Dynamic Global Bond Fund | Nontraditional Bonds | 18 | 2.75% | — | Jan 2015 | RPELX vs RPIEX |
Compare RPELX with Any Fund or Stock
Compare RPELX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RPELX with funds that move differently
T. Rowe Price Dynamic Credit Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RPELX.
Explore RPELX Diversifiers