T. Rowe Price Dynamic Global Bond Fund (RPIEX) 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 RPIEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RPIEX
RPIEX charges 0.71% annually. There are 14 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 | RPIEX vs GMODX | |
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | RPIEX vs PMOTX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | RPIEX vs SUBFX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | RPIEX vs PUTIX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | RPIEX vs FPFIX |
Best Risk-Adjusted Alternatives to RPIEX
RPIEX has a PortfoliosLab risk / return rank of 19. There are 64 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 100 | — | Jul 2021 | RPIEX vs CELFX | |
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | RPIEX vs CBYYX | |
| PGIM Securitized Credit Fund | 100 | — | Jun 2019 | RPIEX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | RPIEX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | RPIEX vs APFPX |
Top Performing RPIEX Alternatives (YTD)
RPIEX is at 3.33% YTD. There are 7 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 8.64%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 8.64% | — | Aug 2010 | RPIEX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 5.66% | — | Apr 2015 | RPIEX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 5.42% | — | Jun 2007 | RPIEX vs EIGMX | |
| Artisan Global Unconstrained Fund | 5.21% | — | Mar 2022 | RPIEX vs APFPX | |
| Cliffwater Enhanced Lending Fund | 4.46% | — | Jul 2021 | RPIEX vs CELFX |
Lowest Volatility Alternatives to RPIEX
RPIEX has 4.37% 1-year volatility. There are 66 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 0.85% | — | Jul 2021 | RPIEX vs CELFX | |
| Dunham Long/Short Credit Fund | 1.00% | — | Dec 2004 | RPIEX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.20% | — | Jan 2023 | RPIEX vs CBYYX | |
| GMO Opportunistic Income Fund | 1.32% | — | Oct 2011 | RPIEX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.36% | — | Sep 2011 | RPIEX vs BGCIX |
Lowest Drawdown Alternatives to RPIEX
RPIEX has a 1-year max drawdown of -3.64%. There are 65 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 | RPIEX vs CBYYX | |
| Cliffwater Enhanced Lending Fund | -0.18% | — | Jul 2021 | RPIEX vs CELFX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | RPIEX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | RPIEX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | RPIEX vs GMODX |
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 | 8 | -3.32% | — | Jun 1993 | RPIEX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 43 | 5.93% | — | Jun 1986 | RPIEX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 77 | 11.24% | — | Dec 1992 | RPIEX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 56 | 9.19% | — | Nov 1994 | RPIEX vs PRCOX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 8 | -3.25% | — | — | RPIEX vs TBCIX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 62 | 9.23% | — | Mar 1990 | RPIEX vs PREIX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 11 | -1.10% | — | Sep 1985 | RPIEX vs PRWAX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 11 | 0.26% | — | Oct 2001 | RPIEX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 42 | 19.55% | — | Sep 1987 | RPIEX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 34 | 8.47% | — | Feb 2004 | RPIEX vs TRRJX |
Often Compared With RPIEX
Investors most often compare RPIEX with GIOIX, VIG, PRHYX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare RPIEX with Any Fund or Stock
Compare RPIEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RPIEX with funds that move differently
T. Rowe Price Dynamic Global Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RPIEX.
Explore RPIEX Diversifiers