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 SAI U.S. Treasury Bond Index Fund | 0.03% | — | Mar 2016 | TBFAX vs FUTBX | |
| Fidelity Long-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | TBFAX vs FNBGX | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | TBFAX vs FUMBX | |
| Fidelity Intermediate Treasury Bond Index Fund | 0.03% | — | — | TBFAX vs FUAMX |
Best Risk-Adjusted Alternatives to TBFAX
TBFAX has a PortfoliosLab risk / return rank of 15. There are 64 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 | |
| GMO U.S. Treasury Fund | 99 | — | Mar 2009 | TBFAX vs GUSTX | |
| Integrity Short Term Government Fund | 89 | — | Jun 2011 | TBFAX vs MDSIX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 86 | — | Aug 2010 | TBFAX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 85 | 33.90B | Dec 2009 | TBFAX vs VSBSX |
Top Performing TBFAX Alternatives (YTD)
TBFAX is at -0.32% YTD. There are 83 mutual funds in the Government Bonds category with higher YTD returns, going as high as 2.26%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Emerging Markets Government Bond Index Fu... | 2.26% | 6.60B | Feb 2015 | TBFAX vs VGIVX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 2.20% | 6.60B | May 2013 | TBFAX vs VGAVX | |
| PIMCO Extended Duration Fund | 2.06% | — | Aug 2006 | TBFAX vs PEDIX | |
| Integrity Short Term Government Fund | 1.99% | — | Jun 2011 | TBFAX vs MDSIX | |
| Federated Hermes Adjustable Rate Fund | 1.82% | — | Dec 1985 | TBFAX vs FEUGX |
Lowest Volatility Alternatives to TBFAX
TBFAX has 3.73% 1-year volatility. There are 41 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 1.24%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 1.24% | — | Mar 2009 | TBFAX vs GUSTX | |
| DFA Short-Term Government Portfolio | 1.26% | — | May 1987 | TBFAX vs DFFGX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 1.30% | — | Aug 2010 | TBFAX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 1.31% | 33.90B | Dec 2009 | TBFAX vs VSBSX | |
| Federated Hermes Adjustable Rate Fund | 1.41% | — | Dec 1985 | TBFAX vs FEUGX |
Lowest Drawdown Alternatives to TBFAX
TBFAX has a 1-year max drawdown of -3.21%. There are 60 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 | |
| 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 | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | -0.84% | 33.90B | Dec 2009 | TBFAX vs VSBSX |
Other Mutual Funds from Thrivent Funds
The 1 most viewed Thrivent Funds mutual funds shown here include AAINX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Thrivent Opportunity Income Plus Fund | Multisector Bonds | 76 | 1.70% | — | Jul 1987 | TBFAX vs AAINX |
Often Compared With TBFAX
Investors most often compare TBFAX with FBLTX, AMZN, AVGO. These 16 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity SAI Long-Term Treasury Bond Index Fund | Government Bonds | 6 | 0.98% | — | Oct 2015 | TBFAX vs FBLTX | |
| Amazon.com, Inc | 52 | 0.85% | — | — | TBFAX vs AMZN | ||
| Broadcom Inc. | 75 | 13.72% | — | — | TBFAX vs AVGO | ||
| Alphabet Inc. Class A | 96 | 11.86% | — | — | TBFAX vs GOOGL | ||
| Meta Platforms, Inc. | 21 | -14.42% | — | — | TBFAX vs META | ||
| Tesla, Inc. | 59 | -9.93% | — | — | TBFAX vs TSLA | ||
| Alphabet Inc | 96 | 11.29% | — | — | TBFAX vs GOOG | ||
| DWS GNMA Fund | Government Bonds | 27 | 0.21% | — | Jul 2000 | TBFAX vs SGINX | |
| Apple Inc | 88 | 9.45% | — | — | TBFAX vs AAPL | ||
| NVIDIA Corporation | 76 | 12.01% | — | — | TBFAX vs NVDA | ||
| Principal Bond Market Index Fund | Intermediate Core Bond | 21 | 0.59% | — | Dec 2009 | TBFAX vs PNIIX | |
| T. Rowe Price GNMA Fund | Government Bonds | 42 | 0.93% | — | Nov 1985 | TBFAX vs PRGMX | |
| Microsoft Corporation | 11 | -23.71% | — | — | TBFAX vs MSFT | ||
| PIMCO GNMA and Government Securities Fund | Government Bonds | 31 | 1.23% | — | Jul 1997 | TBFAX vs PDMIX | |
| Federal National Mortgage Association | 26 | -40.82% | — | — | TBFAX vs FNMA | ||
| Fidelity GNMA Fund | Government Bonds | 38 | 1.09% | — | Nov 1985 | TBFAX vs FGMNX |
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