Vanguard Short-Term Bond Index Fund Institutional Plus (VBIPX) belongs to the Total Bond Market category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with VBIPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VBIPX
VBIPX charges 0.04% annually. There are 5 mutual funds in the Total Bond Market category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Total Bond Market II Index Fund | 0.02% | — | — | VBIPX vs VTBNX | |
| Fidelity U.S. Bond Index Fund | 0.03% | — | — | VBIPX vs FXNAX | |
| Fidelity Short-Term Bond Index Fund | 0.03% | — | Oct 2017 | VBIPX vs FNSOX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.03% | 389.80B | Feb 2010 | VBIPX vs VBMPX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.04% | 389.80B | Sep 1995 | VBIPX vs VBTIX |
Best Risk-Adjusted Alternatives to VBIPX
VBIPX has a PortfoliosLab risk / return rank of 40. There are 34 mutual funds in the Total Bond Market category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 100 | — | Feb 2015 | VBIPX vs VUSFX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 100 | 15.70B | Feb 2015 | VBIPX vs VUBFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 99 | — | Oct 2008 | VBIPX vs JSOSX | |
| Fidelity Conservative Income Bond Institutional Cl... | 99 | — | Mar 2011 | VBIPX vs FCNVX | |
| Fidelity Flex Conservative Income Bond Fund | 99 | — | May 2018 | VBIPX vs FJTDX |
Top Performing VBIPX Alternatives (YTD)
VBIPX is at 0.32% YTD. There are 82 mutual funds in the Total Bond Market category with higher YTD returns, going as high as 3.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Strategic Income Fund Class Z | 3.23% | — | Oct 2018 | VBIPX vs FIWDX | |
| Fidelity Strategic Income Fund | 3.12% | — | Oct 1994 | VBIPX vs FADMX | |
| Fidelity Advisor Strategic Income Fund Class M | 3.11% | — | Oct 1994 | VBIPX vs FSIAX | |
| Fidelity Advisor Strategic Income Fund Class I | 3.10% | — | Jul 1995 | VBIPX vs FSRIX | |
| Fidelity Advisor Strategic Income Fund Class A | 3.02% | — | Sep 1996 | VBIPX vs FSTAX |
Lowest Volatility Alternatives to VBIPX
VBIPX has 2.27% 1-year volatility. There are 21 mutual funds in the Total Bond Market category with lower 1-year volatility, going as low as 0.59%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 0.59% | — | Feb 2015 | VBIPX vs VUSFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.68% | — | Oct 2008 | VBIPX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 0.78% | 15.70B | Feb 2015 | VBIPX vs VUBFX | |
| Fidelity Conservative Income Bond Institutional Cl... | 1.19% | — | Mar 2011 | VBIPX vs FCNVX | |
| Fidelity Flex Conservative Income Bond Fund | 1.28% | — | May 2018 | VBIPX vs FJTDX |
Lowest Drawdown Alternatives to VBIPX
VBIPX has a 1-year max drawdown of -1.54%. There are 15 mutual funds in the Total Bond Market category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Conservative Income Bond Institutional Cl... | -0.10% | — | Mar 2011 | VBIPX vs FCNVX | |
| Fidelity Flex Conservative Income Bond Fund | -0.10% | — | May 2018 | VBIPX vs FJTDX | |
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | -0.25% | — | Feb 2015 | VBIPX vs VUSFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | -0.26% | — | Oct 2008 | VBIPX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | -0.30% | 15.70B | Feb 2015 | VBIPX vs VUBFX |
Other Mutual Funds from Vanguard
The 10 most viewed Vanguard mutual funds shown here include VTSAX, VFIAX, VTIAX and span 8 categories. AUM among these funds goes as high as $2T.
Often Compared With VBIPX
Investors most often compare VBIPX with VBILX, BND, VCSH. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare VBIPX with Any Fund or Stock
Compare VBIPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VBIPX with funds that move differently
Vanguard Short-Term Bond Index Fund Institutional Plus alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VBIPX.
Explore VBIPX Diversifiers