Vanguard Mortgage-Backed Securities Index Fund Admiral Shares (VMBSX) Alternatives

Vanguard Mortgage-Backed Securities Index Fund Admiral Shares (VMBSX) 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 VMBSX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to VMBSX

VMBSX charges 0.07% annually. Among mutual funds in the Total Bond Market category, these options have the lowest expense ratios among VMBSX alternatives.

Symbol	Name	Expense Ratio	Inception
VTBNX	Vanguard Total Bond Market II Index Fund	0.02%	—	VMBSX vs VTBNX
FXNAX	Fidelity U.S. Bond Index Fund	0.03%	—	VMBSX vs FXNAX
VBMPX	Vanguard Total Bond Market Index Fund Institutiona...	0.03%	Feb 5, 2010	VMBSX vs VBMPX
FNSOX	Fidelity Short-Term Bond Index Fund	0.03%	Oct 18, 2017	VMBSX vs FNSOX
VBTIX	Vanguard Total Bond Market Index Fund Institutiona...	0.04%	Sep 18, 1995	VMBSX vs VBTIX

Best Risk-Adjusted Alternatives to VMBSX

Among mutual funds in the Total Bond Market category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
VUSFX	Vanguard Ultra-Short-Term Bond Fund Admiral Shares	100	Feb 24, 2015	VMBSX vs VUSFX
JSOSX	JPMorgan Strategic Income Opportunities Fund Class...	100	Oct 10, 2008	VMBSX vs JSOSX
VUBFX	Vanguard Ultra-Short-Term Bond Fund Investor Share...	100	Feb 24, 2015	VMBSX vs VUBFX
FCNVX	Fidelity Conservative Income Bond Institutional Cl...	100	Mar 3, 2011	VMBSX vs FCNVX
FJTDX	Fidelity Flex Conservative Income Bond Fund	100	May 31, 2018	VMBSX vs FJTDX

Top Performing VMBSX Alternatives (YTD)

VMBSX alternatives from the Total Bond Market category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
VUSFX	Vanguard Ultra-Short-Term Bond Fund Admiral Shares	0.61%	Feb 24, 2015	VMBSX vs VUSFX
VUBFX	Vanguard Ultra-Short-Term Bond Fund Investor Share...	0.59%	Feb 24, 2015	VMBSX vs VUBFX
FJTDX	Fidelity Flex Conservative Income Bond Fund	0.55%	May 31, 2018	VMBSX vs FJTDX
FCNVX	Fidelity Conservative Income Bond Institutional Cl...	0.52%	Mar 3, 2011	VMBSX vs FCNVX
JSOSX	JPMorgan Strategic Income Opportunities Fund Class...	0.41%	Oct 10, 2008	VMBSX vs JSOSX

Lowest Volatility Alternatives to VMBSX

VMBSX alternatives from the Total Bond Market category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
VUSFX	Vanguard Ultra-Short-Term Bond Fund Admiral Shares	0.67%	Feb 24, 2015	VMBSX vs VUSFX
JSOSX	JPMorgan Strategic Income Opportunities Fund Class...	0.68%	Oct 10, 2008	VMBSX vs JSOSX
VUBFX	Vanguard Ultra-Short-Term Bond Fund Investor Share...	0.84%	Feb 24, 2015	VMBSX vs VUBFX
FCNVX	Fidelity Conservative Income Bond Institutional Cl...	1.28%	Mar 3, 2011	VMBSX vs FCNVX
FJTDX	Fidelity Flex Conservative Income Bond Fund	1.35%	May 31, 2018	VMBSX vs FJTDX

Lowest Drawdown Alternatives to VMBSX

VMBSX alternatives from the Total Bond Market category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
FCNVX	Fidelity Conservative Income Bond Institutional Cl...	-0.20%	Mar 3, 2011	VMBSX vs FCNVX
JSOSX	JPMorgan Strategic Income Opportunities Fund Class...	-0.26%	Oct 10, 2008	VMBSX vs JSOSX
FJTDX	Fidelity Flex Conservative Income Bond Fund	-0.30%	May 31, 2018	VMBSX vs FJTDX
VUBFX	Vanguard Ultra-Short-Term Bond Fund Investor Share...	-0.30%	Feb 24, 2015	VMBSX vs VUBFX
VUSFX	Vanguard Ultra-Short-Term Bond Fund Admiral Shares	-0.35%	Feb 24, 2015	VMBSX vs VUSFX

Other Mutual Funds from Vanguard

Most popular Vanguard mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
VTSAX	Vanguard Total Stock Market Index Fund Admiral Sha...	Large Cap Blend Equities	46	-6.75%	Nov 13, 2000	VMBSX vs VTSAX
VFIAX	Vanguard 500 Index Fund Admiral Shares	Large Cap Blend Equities	46	-7.06%	Nov 13, 2000	VMBSX vs VFIAX
VTIAX	Vanguard Total International Stock Index Fund Admi...	Large Cap Blend Equities, Foreign Large Cap Equities	80	-1.02%	Nov 29, 2010	VMBSX vs VTIAX
VIGAX	Vanguard Growth Index Fund Admiral Shares	Large Cap Growth Equities	26	-13.83%	Nov 13, 2000	VMBSX vs VIGAX
VWELX	Vanguard Wellington Fund Investor Shares	Diversified Portfolio	66	-5.26%	Jul 1, 1929	VMBSX vs VWELX
VBTLX	Vanguard Total Bond Market Index Fund Admiral Shar...	Total Bond Market	56	-0.49%	Nov 12, 2001	VMBSX vs VBTLX
VDIGX	Vanguard Dividend Growth Fund	Large Cap Blend Equities, Dividend	10	-6.99%	May 15, 1992	VMBSX vs VDIGX
VIGIX	Vanguard Growth Index Fund Institutional Shares	Large Cap Growth Equities	26	-13.83%	May 14, 1998	VMBSX vs VIGIX
VITAX	Vanguard Information Technology Index Fund Admiral...	Technology Equities	47	-11.14%	Mar 25, 2004	VMBSX vs VITAX
VBIAX	Vanguard Balanced Index Fund Admiral Shares	Diversified Portfolio	59	-4.19%	Nov 13, 2000	VMBSX vs VBIAX

Often Compared With VMBSX

What investors most often compare with VMBSX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
VICSX	Vanguard Intermediate-Term Corporate Bond Index Fu...	Corporate Bonds	75	-0.94%	Mar 2, 2010	VMBSX vs VICSX
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	VMBSX vs VOO
VGLT	Vanguard Long-Term Treasury ETF	Government Bonds, Long-Term Bond	14	-0.09%	Nov 19, 2009	VMBSX vs VGLT
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	Inflation-Protected Bonds	96	0.97%	Oct 16, 2012	VMBSX vs VTAPX
FTSL	First Trust Senior Loan Fund	High Yield Bonds, Actively Managed	80	-0.80%	May 1, 2013	VMBSX vs FTSL
VWALX	Vanguard High-Yield Tax-Exempt Fund Admiral Shares	Municipal Bonds	43	-0.64%	Nov 12, 2001	VMBSX vs VWALX
VSCGX	Vanguard LifeStrategy Conservative Growth Fund	Diversified Portfolio	77	-2.05%	Sep 30, 1994	VMBSX vs VSCGX
VEGBX	Vanguard Emerging Markets Bond Fund Admiral Shares	Emerging Markets Bonds	90	-1.84%	Dec 6, 2017	VMBSX vs VEGBX
CPXIX	Cohen & Steers Preferred Securities and Income Fun...	Preferred Stock/Convertible Bonds	82	-1.38%	May 2, 2010	VMBSX vs CPXIX
VFIJX	Vanguard GNMA Fund Admiral Shares	Government Bonds	70	0.09%	Feb 12, 2001	VMBSX vs VFIJX
VCOBX	Vanguard Core Bond Fund Admiral Shares	Total Bond Market	63	-0.27%	Mar 28, 2016	VMBSX vs VCOBX
VBILX	Vanguard Intermediate-Term Bond Index Fund Admiral...	Total Bond Market	60	-0.94%	Nov 12, 2001	VMBSX vs VBILX
VMBS	Vanguard Mortgage-Backed Securities ETF	Mortgage Backed Securities	68	0.41%	Nov 19, 2009	VMBSX vs VMBS
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	Corporate Bonds	96	-0.08%	Nov 18, 2010	VMBSX vs VSCSX
BND	Vanguard Total Bond Market ETF	Total Bond Market	59	0.05%	Apr 3, 2007	VMBSX vs BND

Compare VMBSX with Any Fund or Stock

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

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Vanguard Mortgage-Backed Securities Index Fund Admiral Shares

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