Sierra Tactical Core Income Fund (SSIIX) 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 SSIIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SSIIX
SSIIX charges 1.35% annually. There are 50 mutual funds in the Nontraditional Bonds category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | SSIIX vs PMOTX | |
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | SSIIX vs GMODX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | SSIIX vs SUBFX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | SSIIX vs FPFIX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | SSIIX vs PUTIX |
Best Risk-Adjusted Alternatives to SSIIX
SSIIX has a PortfoliosLab risk / return rank of 46. There are 46 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 | SSIIX vs CBYYX | |
| PGIM Securitized Credit Fund | 99 | — | Jun 2019 | SSIIX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | SSIIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | SSIIX vs APFPX | |
| DoubleLine Flexible Income Fund | 98 | — | Apr 2014 | SSIIX vs DFLEX |
Top Performing SSIIX Alternatives (YTD)
SSIIX is at 1.15% YTD. There are 38 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 | SSIIX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 4.57% | — | Apr 2015 | SSIIX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 4.26% | — | Jun 2007 | SSIIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 4.00% | — | Mar 2022 | SSIIX vs APFPX | |
| Anchor Risk Managed Credit Strategies Fund | 3.86% | — | Sep 2015 | SSIIX vs ATCSX |
Lowest Volatility Alternatives to SSIIX
SSIIX has 2.66% 1-year volatility. There are 33 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 1.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dunham Long/Short Credit Fund | 1.00% | — | Dec 2004 | SSIIX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.23% | — | Jan 2023 | SSIIX vs CBYYX | |
| DoubleLine Flexible Income Fund | 1.31% | — | Apr 2014 | SSIIX vs DFLEX | |
| GMO Opportunistic Income Fund | 1.35% | — | Oct 2011 | SSIIX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.36% | — | Sep 2011 | SSIIX vs BGCIX |
Lowest Drawdown Alternatives to SSIIX
SSIIX has a 1-year max drawdown of -2.85%. There are 55 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 | SSIIX vs CBYYX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | SSIIX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | SSIIX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | SSIIX vs GMODX | |
| PGIM Absolute Return Bond Fund | -0.76% | — | Mar 2011 | SSIIX vs PADZX |
Other Mutual Funds from Sierra Mutual Funds
The 1 most viewed Sierra Mutual Funds mutual funds shown here include STBNX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Sierra Tactical Bond Fund | Nontraditional Bonds | 43 | 1.00% | — | Sep 2019 | SSIIX vs STBNX |
Often Compared With SSIIX
Investors most often compare SSIIX with AFLIX, TUIFX, TTRZX. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Anfield Universal Fixed Income Fund | Nontraditional Bonds | 94 | 1.42% | — | Jun 2013 | SSIIX vs AFLIX | |
| Toews Unconstrained Income Fund | Nontraditional Bonds | 50 | 0.38% | — | Aug 2013 | SSIIX vs TUIFX | |
| Templeton Global Total Return Fund | Nontraditional Bonds | 22 | 2.21% | — | Sep 2008 | SSIIX vs TTRZX | |
| Wavelength Interest Rate Neutral Fund | Nontraditional Bonds | 80 | 3.33% | — | Sep 2013 | SSIIX vs WAVLX |
Compare SSIIX with Any Fund or Stock
Compare SSIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SSIIX with funds that move differently
Sierra Tactical Core Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SSIIX.
Explore SSIIX Diversifiers