Western Asset Diversified Income Fund (WDI) Alternatives
Western Asset Diversified Income Fund (WDI) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with WDI. 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 WDI
WDI charges 1.73% annually. Among mutual funds in the Multisector Bonds category, these options have the lowest expense ratios among WDI alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | Aug 3, 2014 | WDI vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | Oct 12, 2021 | WDI vs VMSAX | |
| JPMorgan Income Fund | 0.40% | Jun 1, 2014 | WDI vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | Jul 28, 2016 | WDI vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | Aug 20, 2013 | WDI vs MOFIX |
Best Risk-Adjusted Alternatives to WDI
Among mutual funds in the Multisector Bonds 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 | |
|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | Nov 1, 2015 | WDI vs NWXHX | |
| CrossingBridge Low Duration High Yield Fund | 98 | Jan 30, 2018 | WDI vs CBLDX | |
| Nationwide Strategic Income A | 98 | Nov 2, 2015 | WDI vs NWXEX | |
| Easterly Income Opportunities Fund | 98 | Aug 20, 2018 | WDI vs JSVIX | |
| Doubleline Selective Credit Fund | 98 | Aug 3, 2014 | WDI vs DBSCX |
Top Performing WDI Alternatives (YTD)
WDI alternatives from the Multisector Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Conquer Risk Managed Volatility Fund | 1.11% | Jun 30, 2020 | WDI vs CRMVX | |
| Rational Special Situations Income Fund | 1.01% | Jul 16, 2019 | WDI vs RFXIX | |
| Doubleline Selective Credit Fund | 0.84% | Aug 3, 2014 | WDI vs DBSCX | |
| Nationwide Amundi Strategic Income Fund | 0.76% | Nov 1, 2015 | WDI vs NWXHX | |
| Axonic Strategic Income Fund | 0.69% | Dec 29, 2019 | WDI vs AXSIX |
Lowest Volatility Alternatives to WDI
WDI alternatives from the Multisector Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| CrossingBridge Low Duration High Yield Fund | 1.45% | Jan 30, 2018 | WDI vs CBLDX | |
| Rational Special Situations Income Fund | 1.56% | Jul 16, 2019 | WDI vs RFXIX | |
| Muzinich Low Duration Fund | 1.57% | Jun 29, 2016 | WDI vs MZLSX | |
| Nationwide Strategic Income A | 1.60% | Nov 2, 2015 | WDI vs NWXEX | |
| Nationwide Amundi Strategic Income Fund | 1.62% | Nov 1, 2015 | WDI vs NWXHX |
Lowest Drawdown Alternatives to WDI
WDI alternatives from the Multisector Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| CrossingBridge Low Duration High Yield Fund | -0.93% | Jan 30, 2018 | WDI vs CBLDX | |
| Rational Special Situations Income Fund | -0.94% | Jul 16, 2019 | WDI vs RFXIX | |
| Nationwide Strategic Income A | -1.20% | Nov 2, 2015 | WDI vs NWXEX | |
| Axonic Strategic Income Fund | -1.22% | Dec 29, 2019 | WDI vs AXSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.22% | Jul 28, 2016 | WDI vs BWDTX |
Other Mutual Funds from Franklin Templeton
Most popular Franklin Templeton mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Franklin DynaTech Fund | Large Cap Growth Equities | 21 | -15.24% | Jan 2, 1968 | WDI vs FKDNX | |
| Franklin Gold and Precious Metals Fund | Precious Metals | 94 | -2.21% | May 18, 1969 | WDI vs FKRCX | |
| Franklin Income Fund Class A1 | Diversified Portfolio | 82 | 2.15% | — | WDI vs FKINX | |
| Franklin Growth Fund | Large Cap Growth Equities | 30 | -8.53% | Apr 1, 1948 | WDI vs FKGRX | |
| Franklin Rising Dividends Fund | Large Cap Blend Equities | 28 | -4.58% | Jan 14, 1987 | WDI vs FRDPX | |
| ClearBridge Energy Midstream Opportunity Fund | MLPs, Energy Equities | 42 | 20.88% | Jun 10, 2011 | WDI vs EMO | |
| ClearBridge Large Cap Growth Fund | Large Cap Growth Equities | 7 | -12.79% | Aug 29, 1997 | WDI vs SBLGX | |
| ClearBridge Aggressive Growth Fund | Large Cap Blend Equities | 18 | -10.22% | Oct 24, 1983 | WDI vs SHRAX | |
| Franklin Income Fund Advisor Class | Diversified Portfolio | 86 | 2.21% | Aug 28, 1997 | WDI vs FRIAX | |
| ClearBridge Appreciation Fund | Large Cap Blend Equities | 35 | -6.24% | Mar 10, 1970 | WDI vs SHAPX |
Often Compared With WDI
What investors most often compare with WDI, based on PortfoliosLab usage data.
Compare WDI with Any Fund or Stock
Compare WDI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.