T. Rowe Price Spectrum Income Fund (RPSIX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RPSIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RPSIX
RPSIX charges 0.62% annually. There are 17 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | RPSIX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | RPSIX vs VMSAX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | RPSIX vs BWDTX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | RPSIX vs JMSIX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | RPSIX vs MOFIX |
Best Risk-Adjusted Alternatives to RPSIX
RPSIX has a PortfoliosLab risk / return rank of 86. There are 14 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | RPSIX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | RPSIX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | RPSIX vs BWDTX | |
| CrossingBridge Low Duration High Yield Fund | 97 | — | Jan 2018 | RPSIX vs CBLDX | |
| Intrepid Income Fund | 97 | — | Jul 2007 | RPSIX vs ICMUX |
Top Performing RPSIX Alternatives (YTD)
RPSIX is at 1.36% YTD. There are 30 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 4.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 4.22% | — | Jan 2011 | RPSIX vs ACP | |
| Saba Capital Income & Opportunities Fund | 3.83% | — | Dec 1987 | RPSIX vs BRW | |
| BrandywineGLOBAL - Flexible Bond Fund | 2.82% | — | May 2016 | RPSIX vs LFLIX | |
| Intrepid Income Fund | 2.43% | — | Jul 2007 | RPSIX vs ICMUX | |
| Nationwide Amundi Strategic Income Fund | 2.29% | — | Nov 2015 | RPSIX vs NWXHX |
Lowest Volatility Alternatives to RPSIX
RPSIX has 3.06% 1-year volatility. There are 40 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.16% | — | Nov 2015 | RPSIX vs NWXHX | |
| Nationwide Strategic Income A | 1.21% | — | Nov 2015 | RPSIX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.29% | — | Jul 2016 | RPSIX vs BWDTX | |
| CrossingBridge Low Duration High Yield Fund | 1.39% | — | Jan 2018 | RPSIX vs CBLDX | |
| Rational Special Situations Income Fund | 1.41% | — | Jul 2019 | RPSIX vs RFXIX |
Lowest Drawdown Alternatives to RPSIX
RPSIX has a 1-year max drawdown of -2.54%. There are 34 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | RPSIX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | RPSIX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | RPSIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | RPSIX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | RPSIX vs BWDTX |
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 | RPSIX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 49 | 5.76% | — | Jun 1986 | RPSIX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 40 | 7.60% | — | Dec 1992 | RPSIX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 69 | 12.08% | — | Nov 1994 | RPSIX vs PRCOX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 15 | 1.11% | — | Sep 1985 | RPSIX vs PRWAX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 72 | 11.61% | — | Mar 1990 | RPSIX vs PREIX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 21 | 5.54% | — | — | RPSIX vs TBCIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 18 | 5.12% | — | Oct 2001 | RPSIX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 91 | 41.41% | — | Sep 1987 | RPSIX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 32 | 9.32% | — | Feb 2004 | RPSIX vs TRRJX |
Often Compared With RPSIX
Investors most often compare RPSIX with PBDIX, DODIX, PRCIX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare RPSIX with Any Fund or Stock
Compare RPSIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RPSIX with funds that move differently
T. Rowe Price Spectrum Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RPSIX.
Explore RPSIX Diversifiers