Best Fixed Income funds
Ranking of the top 20 Fixed Income funds by composite score (risk-adjusted return). Updated 16/07/2026.
ℹ️ Methodology: period and indicators
All indicators are computed over the last 1.0 years (380 trading days), with daily data. The risk-free rate used is 2.0%.
Score formula (risk-adjusted return):
0.25·R² + 0.15·Sortino* + 0.2·DD* + 0.2·CAGR_excess* + 0.1·Volatility_inv* + 0.1·Ulcer_inv*
* Components normalized to the analyzed set of funds (best in set = 1, worst = 0). The drawdown term is 1 − (MaxDD / 25.0%)3, clamped to [0,1]. Volatility and Ulcer are inverted (less = better).
A higher score means better relative behavior within the analyzed set, not an investment recommendation.
🏆 Ranking
| # | ISIN | Name | Score | R² | Total Ret. | Annual Ret. | Volatility | Sharpe | Sortino | Max Drawdown | Ret./MaxDD | Calmar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | IE00BD2B9710 | Twelve Capital UCITS ICAV - Twelve Cat Bond Fund P EUR Hedged Acc | 0.782 | 0.877 | 8.40% | 8.10% | 1.01% | 6.07 | 24.25 | 0.02% | 378.05 | 364.80 |
| 2 | IE00B3Q8M574 | GAM Star Fund plc - GAM Swiss Re Cat Bond Class Ordinary EUR Accumulation Hedged | 0.748 | 0.932 | 9.06% | 8.69% | 1.41% | 4.76 | 16.49 | 0.20% | 45.26 | 43.43 |
| 3 | LU2262944817 | Sissener SICAV - Sissener Corporate Bond Fund R EUR | 0.713 | 0.962 | 7.79% | 7.47% | 1.39% | 3.94 | 9.94 | 0.38% | 20.65 | 19.82 |
| 4 | LU0840158819 | STORM BOND FUND RC EUR ACC | 0.697 | 0.982 | 5.46% | 5.24% | 0.64% | 5.09 | 6.99 | 0.21% | 26.11 | 25.07 |
| 5 | IE0006SZI3X0 | EMER MKT CORP CREDIT ALTER | 0.693 | 0.974 | 9.86% | 9.49% | 1.32% | 5.66 | 5.60 | 0.85% | 11.65 | 11.21 |
| 6 | LU0501220429 | GBL EVOL FRONTIER MKT R AC EUR | 0.679 | 0.961 | 14.06% | 13.47% | 3.17% | 3.62 | 3.76 | 2.40% | 5.85 | 5.61 |
| 7 | LU0697197597 | GLOBAL EVOLUTION FRONTIER MAR | 0.675 | 0.956 | 13.28% | 12.74% | 3.17% | 3.39 | 3.54 | 2.48% | 5.35 | 5.13 |
| 8 | LU2495143062 | Fidelity Funds - Structured Credit Income Fund A-ACC-Euro | 0.674 | 0.979 | 4.96% | 4.77% | 1.09% | 2.53 | 3.84 | 0.72% | 6.90 | 6.62 |
| 9 | LU0034353002 | DWS Floating Rate Notes LC | 0.672 | 0.995 | 2.64% | 2.54% | 0.17% | 3.08 | 3.15 | 0.03% | 82.09 | 78.87 |
| 10 | FR001400CFA4 | Ostrum SRI Credit Ultra Short Plus R/C (EUR) | 0.672 | 0.997 | 2.71% | 2.60% | 0.18% | 3.40 | 3.05 | 0.04% | 75.58 | 72.60 |
| 11 | LU1706559744 | BlackRock Strategic Funds - Emerging Markets Short Duration Bond Fund A2 USD | 0.671 | 0.959 | 16.75% | 16.05% | 5.76% | 2.44 | 2.59 | 2.37% | 7.05 | 6.76 |
| 12 | LU0057132697 | Morgan Stanley Investment Funds - Emerging Markets Debt Fund I | 0.670 | 0.957 | 17.16% | 16.44% | 5.83% | 2.48 | 2.55 | 2.67% | 6.42 | 6.15 |
| 13 | LU0080237943 | DWS Euro Ultra Short Fixed Inc NC | 0.670 | 0.995 | 2.61% | 2.51% | 0.18% | 2.86 | 2.76 | 0.05% | 55.20 | 53.03 |
| 14 | LU1786037017 | BlackRock Strategic Funds - Fondo de bonos a corto plazo de mercados emergentes E2 EUR | 0.668 | 0.957 | 15.97% | 15.30% | 5.70% | 2.33 | 2.51 | 2.20% | 7.27 | 6.96 |
| 15 | LU0029761706 | UBAM - Dynamic Euro Bond AC EUR | 0.668 | 0.992 | 2.55% | 2.45% | 0.18% | 2.50 | 2.60 | 0.07% | 36.62 | 35.28 |
| 16 | LU0352158918 | UBAM - Dynamic US Dollar Bond AHC EUR | 0.665 | 0.989 | 2.69% | 2.60% | 0.28% | 2.14 | 2.31 | 0.15% | 17.40 | 16.76 |
| 17 | LU1608101579 | Pareto Nordic Corporate Bond A EUR | 0.665 | 0.980 | 5.27% | 5.06% | 1.25% | 2.45 | 2.31 | 0.55% | 9.52 | 9.14 |
| 18 | LU0458985982 | CS LUX AGNLA GLB CNV B ACC USD | 0.664 | 0.945 | 20.09% | 19.24% | 7.38% | 2.34 | 2.17 | 4.04% | 4.97 | 4.76 |
| 19 | LU2023199552 | NORDIC CROSS CREDIT A ACC EURH | 0.661 | 0.974 | 3.67% | 3.53% | 0.64% | 2.39 | 2.08 | 0.36% | 10.10 | 9.70 |
| 20 | FR0013426673 | GLOBAL TARGET 2026 CN ACC EUR | 0.660 | 0.979 | 2.94% | 2.83% | 0.43% | 1.94 | 1.86 | 0.36% | 8.10 | 7.78 |
📊 Compared evolution (base 100)
❓ Frequently asked questions
How is the fund ranking calculated?
Each fund gets a composite score from 0 to 1 that combines risk-adjusted return (excess CAGR and Sortino), curve stability (R² and inverted volatility) and drawdown control (a non-linear penalty plus the Ulcer Index). Funds are then ordered by that score.
What does the score mean for Fixed Income funds?
A higher score means better relative behavior within the analyzed set: more stable growth and smaller drawdowns for the return achieved. It is a comparison tool, not an investment recommendation.
How often is the data updated?
The ranking is recomputed from daily NAV data each time the site is regenerated. This page was last updated on 16/07/2026.
Is this investment advice?
No. All content is educational and based on historical data. Past performance does not guarantee future results. Consult a licensed advisor before investing.