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 466 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 | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | SMIFX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | SMIFX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | SMIFX vs BWBIX |
Best Risk-Adjusted Alternatives to SMIFX
SMIFX has a PortfoliosLab risk / return rank of 31. There are 475 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 | |
| Davis Appreciation & Income Fund | 96 | — | Apr 1992 | SMIFX vs RPFCX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | SMIFX vs NWQIX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | SMIFX vs FSRRX |
Top Performing SMIFX Alternatives (YTD)
SMIFX is at 10.56% YTD. There are 57 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.72% | — | Jan 1998 | SMIFX vs EKBAX | |
| Thornburg Investment Income Builder Fund Class I | 19.05% | — | Dec 2002 | SMIFX vs TIBIX | |
| ICON Equity Income Fund | 18.94% | — | May 2004 | SMIFX vs IOEZX | |
| Greenspring Fund | 17.70% | — | Jun 1983 | SMIFX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 17.05% | — | Aug 1998 | SMIFX vs MHELX |
Lowest Volatility Alternatives to SMIFX
SMIFX has 13.36% 1-year volatility. There are 505 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | SMIFX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.80% | — | Nov 2003 | SMIFX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | SMIFX vs SCLAX | |
| Ave Maria Bond Fund | 3.05% | — | Apr 2003 | SMIFX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | SMIFX vs CSTAX |
Lowest Drawdown Alternatives to SMIFX
SMIFX has a 1-year max drawdown of -8.04%. There are 434 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 | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | SMIFX vs CSTAX |
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 | 53 | 6.82% | — | Feb 2013 | SMIFX vs SMIDX | |
| SMI Multi-Strategy Fund | Diversified Portfolio | 40 | 7.59% | — | Apr 2015 | SMIFX vs SMILX |
Often Compared With SMIFX
Investors most often compare SMIFX with AAPL, JEPQ, WWWEX. These 20 comparison targets span 5 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