VKMGX Alternatives & Similar Mutual Funds

InvescoQuality IncomeFund (VKMGX) 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 VKMGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to VKMGX

VKMGX charges 0.85% annually. There are 86 mutual funds in the Government Bonds category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	0.01%	—	Mar 2009	VKMGX vs GUSTX
FUMBX	Fidelity Short-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	VKMGX vs FUMBX
FUTBX	Fidelity SAI U.S. Treasury Bond Index Fund	0.03%	—	Mar 2016	VKMGX vs FUTBX
FBLTX	Fidelity SAI Long-Term Treasury Bond Index Fund	0.03%	—	Oct 2015	VKMGX vs FBLTX
FUAMX	Fidelity Intermediate Treasury Bond Index Fund	0.03%	—	—	VKMGX vs FUAMX

Best Risk-Adjusted Alternatives to VKMGX

VKMGX has a PortfoliosLab risk / return rank of 28. There are 34 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
FEUGX	Federated Hermes Adjustable Rate Fund	99	—	Dec 1985	VKMGX vs FEUGX
GUSTX	GMO U.S. Treasury Fund	99	—	Mar 2009	VKMGX vs GUSTX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	87	—	Aug 2010	VKMGX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	86	33.50B	Dec 2009	VKMGX vs VSBSX
MDSIX	Integrity Short Term Government Fund	83	—	Jun 2011	VKMGX vs MDSIX

Top Performing VKMGX Alternatives (YTD)

VKMGX is at 0.36% YTD. There are 31 mutual funds in the Government Bonds category with higher YTD returns, going as high as 1.82%.

Symbol	Name	YTD Return	AUM	Inception
FEUGX	Federated Hermes Adjustable Rate Fund	1.82%	—	Dec 1985	VKMGX vs FEUGX
MDSIX	Integrity Short Term Government Fund	1.54%	—	Jun 2011	VKMGX vs MDSIX
VGIVX	Vanguard Emerging Markets Government Bond Index Fu...	1.47%	6.50B	Feb 2015	VKMGX vs VGIVX
GUSTX	GMO U.S. Treasury Fund	1.46%	—	Mar 2009	VKMGX vs GUSTX
VGAVX	Vanguard Emerging Markets Government Bond Index Fu...	1.41%	6.50B	May 2013	VKMGX vs VGAVX

Lowest Volatility Alternatives to VKMGX

VKMGX has 4.31% 1-year volatility. There are 74 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 1.21%.

Symbol	Name	Volatility 1Y	AUM	Inception
DFFGX	DFA Short-Term Government Portfolio	1.21%	—	May 1987	VKMGX vs DFFGX
GUSTX	GMO U.S. Treasury Fund	1.22%	—	Mar 2009	VKMGX vs GUSTX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	1.27%	—	Aug 2010	VKMGX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	1.28%	33.50B	Dec 2009	VKMGX vs VSBSX
FEUGX	Federated Hermes Adjustable Rate Fund	1.42%	—	Dec 1985	VKMGX vs FEUGX

Lowest Drawdown Alternatives to VKMGX

VKMGX has a 1-year max drawdown of -3.38%. There are 70 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
GUSTX	GMO U.S. Treasury Fund	-0.20%	—	Mar 2009	VKMGX vs GUSTX
FEUGX	Federated Hermes Adjustable Rate Fund	-0.32%	—	Dec 1985	VKMGX vs FEUGX
RFBAX	Davis Government Bond Fund	-0.77%	—	Nov 1994	VKMGX vs RFBAX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	-0.81%	—	Aug 2010	VKMGX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	-0.84%	33.50B	Dec 2009	VKMGX vs VSBSX

Other Mutual Funds from Invesco

The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, OPGSX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
IVNQX	Invesco Nasdaq 100 Index Fund	Large Cap Growth Equities	76	20.97%	—	Oct 2020	VKMGX vs IVNQX
VADAX	Invesco Equally-Weighted S&P 500 Fund Class A	Large Cap Blend Equities	39	9.56%	—	—	VKMGX vs VADAX
OPGSX	Invesco Gold & Special Minerals Fund	Precious Metals	32	2.18%	—	Jul 1983	VKMGX vs OPGSX
VVOAX	Invesco Value Opportunities Fund	Mid Cap Value Equities	80	18.92%	—	Jun 2001	VKMGX vs VVOAX
VAFAX	Invesco American Franchise Fund Class A	Large Cap Growth Equities	15	8.55%	—	Jun 2005	VKMGX vs VAFAX
ACSTX	Invesco Comstock Fund	Large Cap Value Equities	57	8.65%	—	Oct 1968	VKMGX vs ACSTX
MSIGX	Invesco Main Street Fund	Large Cap Blend Equities	49	5.98%	—	Feb 1988	VKMGX vs MSIGX
VSCAX	Invesco Small Cap Value Fund	Small Cap Value Equities	85	26.83%	—	Jun 1999	VKMGX vs VSCAX
ACEIX	Invesco Equity and Income Fund	Diversified Portfolio	64	5.38%	—	Aug 1960	VKMGX vs ACEIX
OPPAX	Invesco Global Fund	Global Equities	28	8.80%	—	Dec 1969	VKMGX vs OPPAX

Often Compared With VKMGX

Investors most often compare VKMGX with SEGMX, PDMIX, FNBGX. These 4 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SEGMX	SEI Daily Income Trust GNMA Fund	Government Bonds	28	0.77%	—	Mar 1987	VKMGX vs SEGMX
PDMIX	PIMCO GNMA and Government Securities Fund	Government Bonds	34	1.23%	—	Jul 1997	VKMGX vs PDMIX
FNBGX	Fidelity Long-Term Treasury Bond Index Fund	Government Bonds	6	-0.19%	—	Dec 2005	VKMGX vs FNBGX
VADDX	Invesco Equally-Weighted S&P 500 Fund	S&P 500	41	9.69%	—	Jul 1997	VKMGX vs VADDX

Compare VKMGX with Any Fund or Stock

Compare VKMGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair VKMGX with funds that move differently

InvescoQuality IncomeFund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VKMGX.

Explore VKMGX Diversifiers

InvescoQuality IncomeFund (VKMGX) Alternatives