Sound Mind Investing Fund (SMIFX) 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 SMIFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SMIFX
SMIFX charges 1.19% annually. There are 463 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 | SMIFX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | SMIFX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | SMIFX vs TSAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | SMIFX vs VTMFX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | SMIFX vs BWBIX |
Best Risk-Adjusted Alternatives to SMIFX
SMIFX has a PortfoliosLab risk / return rank of 44. There are 411 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 | SMIFX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | SMIFX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | SMIFX vs NWQIX | |
| Allspring Diversified Capital Builder Fund | 95 | — | Jan 1998 | SMIFX vs EKBAX | |
| Pioneer Balanced ESG Fund | 95 | — | Dec 1991 | SMIFX vs AYBLX |
Top Performing SMIFX Alternatives (YTD)
SMIFX is at 15.84% YTD. There are 4 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 38.34%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 38.34% | — | Jan 1998 | SMIFX vs EKBAX | |
| Greenspring Fund | 21.91% | — | Jun 1983 | SMIFX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 20.27% | — | Aug 1998 | SMIFX vs MHELX | |
| Thornburg Investment Income Builder Fund Class I | 17.52% | — | Dec 2002 | SMIFX vs TIBIX | |
| Disciplined Growth Investors Fund | 14.54% | — | Aug 2011 | SMIFX vs DGIFX |
Lowest Volatility Alternatives to SMIFX
SMIFX has 12.45% 1-year volatility. There are 486 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 | SMIFX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.83% | — | Apr 2012 | SMIFX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.86% | — | Nov 2003 | SMIFX vs SICIX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | SMIFX vs AVEFX | |
| American Funds College 2027 Fund | 3.14% | — | Sep 2012 | SMIFX vs CSTAX |
Lowest Drawdown Alternatives to SMIFX
SMIFX has a 1-year max drawdown of -7.42%. There are 391 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 | SMIFX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | SMIFX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | SMIFX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | SMIFX vs SICIX | |
| Fidelity Strategic Real Return Fund Class K6 | -2.68% | — | Sep 2005 | SMIFX vs FSRKX |
Other Mutual Funds from SMI Funds
The 2 most viewed SMI Funds mutual funds shown here include SMIDX, SMILX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| SMI Dynamic Allocation Fund | Tactical Allocation | 61 | 10.26% | — | Feb 2013 | SMIFX vs SMIDX | |
| SMI Multi-Strategy Fund | Diversified Portfolio | 61 | 13.15% | — | Apr 2015 | SMIFX vs SMILX |
Often Compared With SMIFX
Investors most often compare SMIFX with AAPL, JEPQ, WWWEX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare SMIFX with Any Fund or Stock
Compare SMIFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SMIFX with funds that move differently
Sound Mind Investing Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SMIFX.
Explore SMIFX Diversifiers