Thrivent Government Bond (TBFAX) belongs to the Government Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with TBFAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TBFAX
TBFAX charges 0.77% annually. There are 80 mutual funds in the Government Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.01% | — | Mar 2009 | TBFAX vs GUSTX | |
| Fidelity Intermediate Treasury Bond Index Fund | 0.03% | — | Dec 2005 | TBFAX vs FUAMX | |
| Fidelity SAI U.S. Treasury Bond Index Fund | 0.03% | — | Mar 2016 | TBFAX vs FUTBX | |
| Fidelity SAI Long-Term Treasury Bond Index Fund | 0.03% | — | Oct 2015 | TBFAX vs FBLTX | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | TBFAX vs FUMBX |
Best Risk-Adjusted Alternatives to TBFAX
TBFAX has a PortfoliosLab risk / return rank of 17. There are 63 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Adjustable Rate Fund | 99 | — | Dec 1985 | TBFAX vs FEUGX | |
| DFA Short-Term Government Portfolio | 99 | 1.81B | May 1987 | TBFAX vs DFFGX | |
| GMO U.S. Treasury Fund | 99 | — | Mar 2009 | TBFAX vs GUSTX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 94 | — | Aug 2010 | TBFAX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 93 | 33.80B | Dec 2009 | TBFAX vs VSBSX |
Top Performing TBFAX Alternatives (YTD)
TBFAX is at -1.04% YTD. There are 74 mutual funds in the Government Bonds category with higher YTD returns, going as high as 1.94%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Adjustable Rate Fund | 1.94% | — | Dec 1985 | TBFAX vs FEUGX | |
| DFA Short-Term Government Portfolio | 1.79% | 1.81B | May 1987 | TBFAX vs DFFGX | |
| Integrity Short Term Government Fund | 1.60% | — | Jun 2011 | TBFAX vs MDSIX | |
| GMO U.S. Treasury Fund | 1.59% | — | Mar 2009 | TBFAX vs GUSTX | |
| Davis Government Bond Fund | 1.14% | — | Nov 1994 | TBFAX vs RFBAX |
Lowest Volatility Alternatives to TBFAX
TBFAX has 3.67% 1-year volatility. There are 40 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 0.81%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 0.81% | 1.81B | May 1987 | TBFAX vs DFFGX | |
| GMO U.S. Treasury Fund | 1.27% | — | Mar 2009 | TBFAX vs GUSTX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 1.30% | — | Aug 2010 | TBFAX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 1.30% | 33.80B | Dec 2009 | TBFAX vs VSBSX | |
| Federated Hermes Adjustable Rate Fund | 1.37% | — | Dec 1985 | TBFAX vs FEUGX |
Lowest Drawdown Alternatives to TBFAX
TBFAX has a 1-year max drawdown of -3.21%. There are 61 mutual funds in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | -0.20% | — | Mar 2009 | TBFAX vs GUSTX | |
| DFA Short-Term Government Portfolio | -0.30% | 1.81B | May 1987 | TBFAX vs DFFGX | |
| Federated Hermes Adjustable Rate Fund | -0.32% | — | Dec 1985 | TBFAX vs FEUGX | |
| Davis Government Bond Fund | -0.77% | — | Nov 1994 | TBFAX vs RFBAX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | -0.81% | — | Aug 2010 | TBFAX vs VSBIX |
Other Mutual Funds from Thrivent
The 10 most viewed Thrivent mutual funds shown here include AAAGX, TSCSX, AAINX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Thrivent Large Cap Growth Fund | Large Cap Growth Equities | 12 | 0.39% | — | Oct 1999 | TBFAX vs AAAGX | |
| Thrivent Small Cap Stock Fund Class S | Small Cap Blend Equities | 42 | 15.40% | — | Jul 1996 | TBFAX vs TSCSX | |
| Thrivent Opportunity Income Plus Fund | Multisector Bonds | 70 | 0.90% | — | Jul 1987 | TBFAX vs AAINX | |
| Thrivent Mid Cap Stock Fund | Mid Cap Blend Equities | 62 | 17.80% | — | Jun 1993 | TBFAX vs AASCX | |
| Thrivent Mid Cap Stock Fund Class S | Mid Cap Blend Equities | 63 | 17.94% | — | Jun 1993 | TBFAX vs TMSIX | |
| Thrivent Balanced Income Plus Fund | Diversified Portfolio | 65 | 4.65% | — | Dec 1997 | TBFAX vs AABFX | |
| Thrivent Diversified Income Plus Fund | Diversified Portfolio | 74 | 3.01% | — | Jan 1997 | TBFAX vs AAHYX | |
| Thrivent Global Stock Fund | Global Equities | 62 | 10.02% | — | Jul 1987 | TBFAX vs AALGX | |
| Thrivent Moderately Aggressive Allocation Fund Cla... | Diversified Portfolio | 59 | 8.04% | — | Jun 2005 | TBFAX vs TMAAX | |
| Thrivent Aggressive Allocation Fund | Diversified Portfolio | 57 | 9.64% | — | Jun 2005 | TBFAX vs TAAAX |
Often Compared With TBFAX
Investors most often compare TBFAX with FNBGX, GOOG, AMZN. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare TBFAX with Any Fund or Stock
Compare TBFAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TBFAX with funds that move differently
Thrivent Government Bond alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TBFAX.
Explore TBFAX Diversifiers