T. Rowe Price International Bond Fund (USD Hedged) (TNBMX) belongs to the Global Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with TNBMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TNBMX
TNBMX charges 0.53% annually. There are 20 mutual funds in the Global Bonds category with lower expense ratios, going as low as 0.06%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity International Bond Index Fund | 0.06% | — | Oct 2019 | TNBMX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | TNBMX vs VTILX | |
| Vanguard Total International Bond Index Fund Admir... | 0.10% | 123.30B | May 2013 | TNBMX vs VTABX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | TNBMX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | TNBMX vs VTIBX |
Best Risk-Adjusted Alternatives to TNBMX
TNBMX has a PortfoliosLab risk / return rank of 42. There are 9 mutual funds in the Global Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 100 | — | Feb 1996 | TNBMX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | 98 | — | Mar 2017 | TNBMX vs DGFFX | |
| Eaton Vance Global Bond Fund | 96 | — | Jun 2007 | TNBMX vs EAIIX | |
| Payden Global Low Duration Fund | 88 | — | Sep 1996 | TNBMX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 84 | — | Jan 2008 | TNBMX vs DFSHX |
Top Performing TNBMX Alternatives (YTD)
TNBMX is at 1.13% YTD. There are 12 mutual funds in the Global Bonds category with higher YTD returns, going as high as 4.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 4.35% | — | Jun 2007 | TNBMX vs EAIIX | |
| Templeton Global Bond Fund | 3.06% | — | Sep 1986 | TNBMX vs TPINX | |
| Templeton Global Bond Fund - Class R | 2.94% | — | Feb 2009 | TNBMX vs FGBRX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.80% | — | Mar 2017 | TNBMX vs DGFFX | |
| BrandywineGLOBAL - Global Opportunities Bond Fund | 2.56% | — | Oct 2006 | TNBMX vs GOBSX |
Lowest Volatility Alternatives to TNBMX
TNBMX has 2.60% 1-year volatility. There are 8 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 0.73%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 0.73% | — | Feb 1996 | TNBMX vs DFGFX | |
| Payden Global Low Duration Fund | 1.53% | — | Sep 1996 | TNBMX vs PYGSX | |
| DFA Five Year Global Fixed Income Portfolio | 1.55% | — | Nov 1990 | TNBMX vs DFGBX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.65% | — | Jan 2008 | TNBMX vs DFSHX | |
| SA Global Fixed Income Fund | 1.97% | — | Jul 1999 | TNBMX vs SAXIX |
Lowest Drawdown Alternatives to TNBMX
TNBMX has a 1-year max drawdown of -2.32%. There are 9 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | -0.20% | — | Feb 1996 | TNBMX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | TNBMX vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | TNBMX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | TNBMX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | TNBMX vs DFGBX |
Other Mutual Funds from T. Rowe Price
The 10 most viewed T. Rowe Price mutual funds shown here include TRBCX, PRWCX, PRDGX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Blue Chip Growth Fund | Large Cap Growth Equities | 11 | 0.42% | — | Jun 1993 | TNBMX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 54 | 7.78% | — | Jun 1986 | TNBMX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 80 | 11.06% | — | Dec 1992 | TNBMX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 69 | 11.62% | — | Nov 1994 | TNBMX vs PRCOX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 12 | 0.50% | — | — | TNBMX vs TBCIX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 74 | 11.63% | — | Mar 1990 | TNBMX vs PREIX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 17 | 1.42% | — | Sep 1985 | TNBMX vs PRWAX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 17 | 3.18% | — | Oct 2001 | TNBMX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 42 | 22.05% | — | Sep 1987 | TNBMX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 38 | 9.62% | — | Feb 2004 | TNBMX vs TRRJX |
Often Compared With TNBMX
Investors most often compare TNBMX with PFORX, GSGIX, DWFIX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare TNBMX with Any Fund or Stock
Compare TNBMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TNBMX with funds that move differently
T. Rowe Price International Bond Fund (USD Hedged) alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TNBMX.
Explore TNBMX Diversifiers