Western Asset Ultra-Short Income Fund (ARMGX) Alternatives
Western Asset Ultra-Short Income Fund (ARMGX) belongs to the Ultrashort Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ARMGX. 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 ARMGX
ARMGX charges 1.32% annually. Among mutual funds in the Ultrashort Bond category, these options have the lowest expense ratios among ARMGX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes Conservative Microshort Fund | 0.05% | Feb 2, 2021 | ARMGX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | Jul 25, 1983 | ARMGX vs DFIHX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | Jul 8, 2018 | ARMGX vs CUTAX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | Dec 31, 2013 | ARMGX vs BUBIX | |
| DFA Two-Year Government Portfolio | 0.17% | Jun 6, 1996 | ARMGX vs DFYGX |
Best Risk-Adjusted Alternatives to ARMGX
Among mutual funds in the Ultrashort Bond 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 | |
|---|---|---|---|---|
| Navigator Ultra Short Term Bond Fund | 100 | Mar 21, 2019 | ARMGX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | Dec 31, 2013 | ARMGX vs BUBSX | |
| Baird Ultra Short Bond Fund Institutional Class | 100 | Dec 31, 2013 | ARMGX vs BUBIX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 100 | Dec 3, 2012 | ARMGX vs TRBUX | |
| PIMCO Short Asset Investment Fund | 100 | May 31, 2012 | ARMGX vs PAIPX |
Top Performing ARMGX Alternatives (YTD)
ARMGX alternatives from the Ultrashort Bond category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| DFA One Year Fixed Income Portfolio | 0.91% | Jul 25, 1983 | ARMGX vs DFIHX | |
| DFA Two-Year Government Portfolio | 0.88% | Jun 6, 1996 | ARMGX vs DFYGX | |
| Northern Ultra-Short Fixed Income Fund | 0.84% | Jun 18, 2009 | ARMGX vs NUSFX | |
| Sterling Capital Ultra Short Bond Fund | 0.83% | Nov 30, 2012 | ARMGX vs BUSIX | |
| Baird Ultra Short Bond Fund | 0.80% | Dec 31, 2013 | ARMGX vs BUBSX |
Lowest Volatility Alternatives to ARMGX
ARMGX alternatives from the Ultrashort Bond category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.55% | Mar 30, 2017 | ARMGX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.65% | Mar 21, 2019 | ARMGX vs NUSIX | |
| Baird Ultra Short Bond Fund | 0.65% | Dec 31, 2013 | ARMGX vs BUBSX | |
| DFA One Year Fixed Income Portfolio | 0.72% | Jul 25, 1983 | ARMGX vs DFIHX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.72% | Dec 31, 2013 | ARMGX vs BUBIX |
Lowest Drawdown Alternatives to ARMGX
ARMGX alternatives from the Ultrashort Bond category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.00% | Mar 30, 2017 | ARMGX vs TMPFX | |
| U.S. Global Investors U.S. Government Ultra-Short ... | 0.00% | Dec 2, 2013 | ARMGX vs UGSDX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | Aug 28, 2018 | ARMGX vs FHQFX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | Mar 21, 2019 | ARMGX vs NUSIX | |
| Baird Ultra Short Bond Fund | -0.10% | Dec 31, 2013 | ARMGX vs BUBSX |
Other Mutual Funds from Legg Mason
Most popular Legg Mason mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| ClearBridge Select Fund | Mid Cap Growth Equities | 15 | -7.82% | Nov 30, 2012 | ARMGX vs LCSSX | |
| BrandywineGLOBAL - Global Opportunities Bond Fund | Global Bonds | 25 | -2.91% | Oct 31, 2006 | ARMGX vs GOBSX | |
| ClearBridge Value Trust | Large Cap Value Equities | 27 | 0.99% | Apr 16, 1982 | ARMGX vs LMVTX | |
| ClearBridge Sustainability Leaders Fund | Large Cap Blend Equities | 40 | -3.25% | Mar 31, 2015 | ARMGX vs LCILX | |
| Martin Currie SMA-Shares Series EM Fund | Emerging Markets Diversified | 97 | 11.23% | Jan 9, 2018 | ARMGX vs LCSMX | |
| Franklin U.S. Large Cap Equity Fund | Large Cap Blend Equities | 65 | -4.28% | Apr 30, 2008 | ARMGX vs LMISX | |
| ClearBridge International Growth Fund | Foreign Large Cap Equities | 19 | -4.31% | Apr 16, 1995 | ARMGX vs LMGTX | |
| Western Asset SMASh Series M Fund | Intermediate Core-Plus Bond | 52 | 0.56% | Dec 27, 2006 | ARMGX vs LMSMX | |
| Franklin International Equity Fund | Foreign Large Cap Equities | 62 | 0.68% | Feb 17, 1995 | ARMGX vs LMGEX | |
| ClearBridge Small Cap Fund | Small Cap Blend Equities | 23 | 0.79% | Dec 30, 1985 | ARMGX vs LMASX |
Often Compared With ARMGX
What investors most often compare with ARMGX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Victoryshares Free Cash Flow ETF | Large Cap Value Equities | 50 | 0.86% | Jun 21, 2023 | ARMGX vs VFLO | |
| VanEck Defense ETF A USD Acc GBP | Aerospace & Defense | 88 | 14.50% | Mar 31, 2023 | ARMGX vs DFNG.L | |
| STAG Industrial, Inc. | 45 | -0.43% | — | ARMGX vs STAG | ||
| GraniteShares 2x Long NVDA Daily ETF | Leveraged Equities | 67 | -16.23% | Dec 13, 2022 | ARMGX vs NVDL | |
| ClearBridge Global Infrastructure Income Fund | Energy Equities | 93 | 10.71% | Mar 30, 2016 | ARMGX vs RGSVX |
Compare ARMGX with Any Fund or Stock
Compare ARMGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.