AAM/HIMCO Short Duration Fund (ASDIX) 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 ASDIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ASDIX
ASDIX charges 0.56% annually. There are 48 mutual funds in the Ultrashort Bond category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Conservative Microshort Fund | 0.05% | — | Feb 2021 | ASDIX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | ASDIX vs DFIHX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | ASDIX vs BUBIX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | ASDIX vs CUTAX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | ASDIX vs DFYGX |
Best Risk-Adjusted Alternatives to ASDIX
ASDIX has a PortfoliosLab risk / return rank of 98. There are 42 mutual funds in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 100 | — | Mar 2017 | ASDIX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | ASDIX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | ASDIX vs BUBSX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | ASDIX vs PAIPX | |
| Fidelity Series Treasury Bill Index Fund | 100 | — | Aug 2018 | ASDIX vs FHQFX |
Top Performing ASDIX Alternatives (YTD)
ASDIX is at 1.07% YTD. There are 50 mutual funds in the Ultrashort Bond category with higher YTD returns, going as high as 2.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Semper Short Duration Fund | 2.15% | — | Dec 2010 | ASDIX vs SEMRX | |
| PIMCO Short Term Fund | 2.03% | — | Oct 1987 | ASDIX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 1.80% | — | May 2012 | ASDIX vs PAIPX | |
| SEI Institutional Investments Trust Opportunistic ... | 1.77% | — | Dec 2006 | ASDIX vs ENIAX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 1.77% | — | Mar 2016 | ASDIX vs TSDUX |
Lowest Volatility Alternatives to ASDIX
ASDIX has 1.14% 1-year volatility. There are 18 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.58%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.58% | — | Mar 2017 | ASDIX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.62% | — | Mar 2019 | ASDIX vs NUSIX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | ASDIX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.67% | — | Sep 1987 | ASDIX vs PRTBX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.72% | — | Dec 2013 | ASDIX vs BUBIX |
Lowest Drawdown Alternatives to ASDIX
ASDIX has a 1-year max drawdown of -0.59%. There are 50 mutual funds in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| U.S. Global Investors U.S. Government Ultra-Short ... | 0.00% | — | Dec 2013 | ASDIX vs UGSDX | |
| Baird Ultra Short Bond Fund | -0.10% | — | Dec 2013 | ASDIX vs BUBSX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | ASDIX vs NUSIX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | ASDIX vs FHQFX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | -0.10% | — | Apr 2016 | ASDIX vs MUIIX |
Other Mutual Funds from AAM
The 2 most viewed AAM mutual funds shown here include AFNIX, CPUIX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AAM/Bahl & Gaynor Income Growth Fund Class I | Large Cap Blend Equities, Dividend | — | — | — | Jul 2012 | ASDIX vs AFNIX | |
| AAM/Insight Select Income Fund | Corporate Bonds | 23 | 0.43% | — | Apr 2013 | ASDIX vs CPUIX |
Often Compared With ASDIX
Investors most often compare ASDIX with BUSIX, TLDIX, TRSTX. These 9 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Sterling Capital Ultra Short Bond Fund | Ultrashort Bond | — | — | — | Nov 2012 | ASDIX vs BUSIX | |
| Thornburg Ultra Short Income Fund | Ultrashort Bond | 99 | 1.59% | — | Dec 2013 | ASDIX vs TLDIX | |
| T. Rowe Price Ultra Short-Term Bond Fund Class I | Ultrashort Bond | 99 | 1.64% | — | Jul 2017 | ASDIX vs TRSTX | |
| Eaton Vance Short Duration Government Income Fund | Ultrashort Bond | 61 | 0.79% | — | Sep 2002 | ASDIX vs EALDX | |
| T. Rowe Price Ultra Short-Term Bond Fund | Ultrashort Bond | 99 | 1.39% | — | Dec 2012 | ASDIX vs TRBUX | |
| Northern Ultra-Short Fixed Income Fund | Ultrashort Bond | 98 | 1.14% | — | Jun 2009 | ASDIX vs NUSFX | |
| CrossingBridge Ultra-Short Duration Fund | Ultrashort Bond | 99 | 1.64% | — | Jun 2021 | ASDIX vs CBUDX | |
| Touchstone Ultra Short Duration Fixed Income Fund | Ultrashort Bond | 98 | 1.48% | — | Mar 1994 | ASDIX vs TSDOX | |
| Pioneer Multi-Asset Ultrashort Income Fund | Ultrashort Bond | 98 | 1.62% | — | Apr 2011 | ASDIX vs MYFRX |
Compare ASDIX with Any Fund or Stock
Compare ASDIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ASDIX with funds that move differently
AAM/HIMCO Short Duration Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ASDIX.
Explore ASDIX Diversifiers