American Funds Short-Term Bond Fund of America (ASBAX) Alternatives

American Funds Short-Term Bond Fund of America (ASBAX) belongs to the Short-Term Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ASBAX. 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 ASBAX

ASBAX charges 0.66% annually. Among mutual funds in the Short-Term Bond category, these options have the lowest expense ratios among ASBAX alternatives.

Symbol	Name	Expense Ratio	Inception
VISTX	Vanguard Institutional Short-Term Bond Fund	0.02%	Jun 19, 2015	ASBAX vs VISTX
VIITX	Vanguard Institutional Intermediate-Term Bond Fund	0.02%	Jun 19, 2015	ASBAX vs VIITX
SWSBX	Schwab Short-Term Bond Index Fund	0.06%	Feb 23, 2017	ASBAX vs SWSBX
TNSHX	TIAA-CREF Short-Term Bond Index Fund	0.09%	Aug 7, 2015	ASBAX vs TNSHX
VBISX	Vanguard Short-Term Bond Index Fund	0.15%	Mar 1, 1994	ASBAX vs VBISX

Best Risk-Adjusted Alternatives to ASBAX

Among mutual funds in the Short-Term 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
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	99	Jul 5, 2016	ASBAX vs DHEIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	99	Jul 5, 2016	ASBAX vs DHEAX
TSDLX	T. Rowe Price Short Duration Income Fund	99	Dec 7, 2020	ASBAX vs TSDLX
DFAIX	DFA Short-Duration Real Return Portfolio	99	Nov 5, 2013	ASBAX vs DFAIX
DBLSX	DoubleLine Low Duration Bond Fund	99	Sep 30, 2011	ASBAX vs DBLSX

Top Performing ASBAX Alternatives (YTD)

ASBAX alternatives from the Short-Term Bond category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
GPARX	GuidePath Absolute Return Allocation Fund	4.77%	Apr 29, 2011	ASBAX vs GPARX
DLDFX	Destinations Low Duration Fixed Income Fund	1.24%	Mar 20, 2017	ASBAX vs DLDFX
DFCFX	DFA Two-Year Fixed Income Portfolio	0.89%	Jun 6, 1996	ASBAX vs DFCFX
DFAIX	DFA Short-Duration Real Return Portfolio	0.86%	Nov 5, 2013	ASBAX vs DFAIX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	0.82%	Jul 5, 2016	ASBAX vs DHEIX

Lowest Volatility Alternatives to ASBAX

ASBAX alternatives from the Short-Term Bond category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
DFEQX	DFA Short-Term Extended Quality Portfolio	0.91%	Mar 4, 2009	ASBAX vs DFEQX
DFAIX	DFA Short-Duration Real Return Portfolio	1.07%	Nov 5, 2013	ASBAX vs DFAIX
GPICX	GuidepathConservative Income Fund	1.14%	Apr 30, 2018	ASBAX vs GPICX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	1.15%	Jul 5, 2016	ASBAX vs DHEIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	1.19%	Jul 5, 2016	ASBAX vs DHEAX

Lowest Drawdown Alternatives to ASBAX

ASBAX alternatives from the Short-Term Bond category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
DFAIX	DFA Short-Duration Real Return Portfolio	-0.47%	Nov 5, 2013	ASBAX vs DFAIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	-0.50%	Jul 5, 2016	ASBAX vs DHEAX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	-0.50%	Jul 5, 2016	ASBAX vs DHEIX
GPICX	GuidepathConservative Income Fund	-0.52%	Apr 30, 2018	ASBAX vs GPICX
STBFX	Sextant Short Term Bond Fund	-0.60%	Sep 28, 1995	ASBAX vs STBFX

Other Mutual Funds from American Funds

Most popular American Funds mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	81	-2.86%	Jul 26, 1975	ASBAX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	48	-7.68%	Jan 1, 1934	ASBAX vs AIVSX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	30	-11.15%	Dec 1, 1973	ASBAX vs RGAGX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	38	-5.27%	Jul 31, 1952	ASBAX vs AWSHX
RERGX	American Funds EuroPacific Growth Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities	57	-5.45%	—	ASBAX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities	70	-6.13%	Jan 8, 1978	ASBAX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Large Cap Growth Equities, Global Equities	38	-8.14%	Mar 13, 1973	ASBAX vs ANWPX
GFFFX	American Funds The Growth Fund of America	Large Cap Growth Equities	29	-11.18%	Dec 1, 1973	ASBAX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend, Actively Managed	81	1.48%	Dec 1, 1973	ASBAX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	23	-11.82%	Jan 5, 1967	ASBAX vs AMCPX

Often Compared With ASBAX

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
NDARX	American Funds Retirement Income Portfolio - Enhan...	Diversified Portfolio	74	-2.18%	Aug 27, 2015	ASBAX vs NDARX
GSSRX	Goldman Sachs Short Duration Bond Fund	Short-Term Bond	93	-0.81%	Feb 29, 2012	ASBAX vs GSSRX
AMUSX	American Funds U.S. Government Securities Fund	Government Bonds	44	-0.80%	Oct 16, 1985	ASBAX vs AMUSX
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	0.86%	May 26, 2020	ASBAX vs SGOV
FXAIX	Fidelity 500 Index Fund	S&P 500	46	-7.05%	Feb 17, 1988	ASBAX vs FXAIX
BND	Vanguard Total Bond Market ETF	Total Bond Market	59	0.05%	Apr 3, 2007	ASBAX vs BND
FTBFX	Fidelity Total Bond Fund	Total Bond Market	63	-0.49%	Oct 15, 2002	ASBAX vs FTBFX
BIL	SPDR Barclays 1-3 Month T-Bill ETF	Government Bonds	100	0.85%	May 25, 2007	ASBAX vs BIL
FBND	Fidelity Total Bond ETF	Intermediate Core-Plus Bond, Actively Managed	63	0.14%	Oct 6, 2014	ASBAX vs FBND
FXNAX	Fidelity U.S. Bond Index Fund	Total Bond Market	56	-0.45%	—	ASBAX vs FXNAX
TEPAX	American Funds Tax-Exempt Preservation Portfolio	Municipal Bonds	85	-0.13%	May 17, 2012	ASBAX vs TEPAX
NAARX	American Funds Retirement Income Portfolio - Conse...	Diversified Portfolio	76	-1.10%	Aug 27, 2015	ASBAX vs NAARX

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American Funds Short-Term Bond Fund of America

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