Best Miscellaneous funds
Ranking of the top 20 Miscellaneous funds (Fixed Income) by composite score (risk-adjusted return). Updated 20/07/2026.
This page ranks 20 Miscellaneous funds, a subcategory of Fixed Income, ordered by a composite score that rewards risk-adjusted return and curve stability while penalizing drawdowns. Use it to compare options within the same investment style before exploring each fund's history in the interactive view.
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 | 0.783 | 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 | 0.750 | 0.932 | 8.98% | 8.74% | 1.41% | 4.78 | 16.51 | 0.20% | 44.88 | 43.66 |
| 3 | LU2495143062 | Fidelity Funds - Structured Credit Income Fund A-ACC-Euro | 0.677 | 0.979 | 5.05% | 4.84% | 1.07% | 2.66 | 4.10 | 0.72% | 7.01 | 6.73 |
| 4 | LU0458985982 | CS LUX AGNLA GLB CNV B ACC USD | 0.665 | 0.945 | 19.97% | 19.12% | 7.39% | 2.32 | 2.15 | 4.04% | 4.94 | 4.73 |
| 5 | LU2023199552 | NORDIC CROSS CREDIT A ACC EURH | 0.662 | 0.974 | 3.65% | 3.50% | 0.64% | 2.35 | 2.06 | 0.36% | 10.02 | 9.63 |
| 6 | LU2200514128 | Pareto Nordic Cross Credit H I EUR | 0.661 | 0.973 | 3.52% | 3.38% | 0.64% | 2.16 | 1.91 | 0.37% | 9.41 | 9.04 |
| 7 | FR0013426673 | GLOBAL TARGET 2026 CN ACC EUR | 0.660 | 0.980 | 2.88% | 2.77% | 0.43% | 1.80 | 1.74 | 0.36% | 7.93 | 7.62 |
| 8 | LU0764816798 | BlackRock Global Funds - China Bond Fund E2 EUR | 0.659 | 0.943 | 12.64% | 12.12% | 4.99% | 2.03 | 2.15 | 2.21% | 5.71 | 5.47 |
| 9 | IE000SV333V4 | Fermat UCITS Cat Bond Ordinary USD Acc | 0.658 | 0.919 | 15.24% | 14.69% | 5.37% | 2.36 | 2.22 | 2.08% | 7.33 | 7.07 |
| 10 | IE00B4VZPG27 | GAM Star Fund plc - GAM Swiss Re Cat Bond Class USD Accumulation | 0.650 | 0.912 | 14.13% | 13.74% | 6.09% | 1.93 | 1.93 | 2.82% | 5.01 | 4.88 |
| 11 | FR001400C7Z3 | Oddo BHF Global Target 2028 EUR | 0.649 | 0.936 | 3.62% | 3.48% | 0.86% | 1.73 | 1.70 | 0.99% | 3.64 | 3.50 |
| 12 | LU0679941673 | BlackRock Global Funds - China Bond Fund A3 (USD) | 0.628 | 0.881 | 8.53% | 8.19% | 5.25% | 1.18 | 1.24 | 2.28% | 3.75 | 3.60 |
| 13 | IE000XOE1GE5 | Man Global Investment Grade Opportunities I H EUR | 0.613 | 0.807 | 9.84% | 9.44% | 5.31% | 1.40 | 1.46 | 2.82% | 3.49 | 3.35 |
| 14 | FR001400U4S3 | CARMIGNAC CREDIT 2031-A-EUR | 0.593 | 0.748 | 4.26% | 4.09% | 2.16% | 0.97 | 0.94 | 2.73% | 1.56 | 1.50 |
| 15 | IE00BFZMJT78 | Neuberger Berman Ultra Short Term Euro Bond EUR I Acc | 0.587 | 0.745 | 2.30% | 2.21% | 1.33% | 0.16 | 0.16 | 1.73% | 1.33 | 1.28 |
| 16 | LU1932489690 | Carmignac Pf Credit F EUR Acc | 0.585 | 0.720 | 3.95% | 3.79% | 2.05% | 0.87 | 0.87 | 2.59% | 1.53 | 1.47 |
| 17 | ES0140072010 | Ábaco Renta Fija Mixta Global I FI | 0.585 | 0.733 | 4.62% | 4.44% | 3.02% | 0.81 | 0.80 | 2.37% | 1.95 | 1.87 |
| 18 | LU0170293806 | Candriam Bonds Global High Yield Class R EUR Cap | 0.579 | 0.703 | 3.68% | 3.53% | 2.14% | 0.72 | 0.70 | 2.58% | 1.43 | 1.37 |
| 19 | IE00B8J38129 | Algebris Financial Credit Fund I EUR Acc | 0.578 | 0.703 | 4.21% | 4.04% | 2.72% | 0.75 | 0.76 | 3.20% | 1.31 | 1.26 |
| 20 | LU2222028099 | Merchbanc Renta Fija Flexible A EUR Cap | 0.536 | 0.555 | 2.75% | 2.64% | 2.72% | 0.24 | 0.25 | 2.95% | 0.93 | 0.90 |
📊 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 Miscellaneous 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 20/07/2026.
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.