Virtus Short Duration High Income Fund (ASHIX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ASHIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ASHIX
ASHIX charges 0.60% annually. There are 28 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | ASHIX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | 25.70B | Nov 2001 | ASHIX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | ASHIX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | Dec 1978 | ASHIX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | ASHIX vs CRDOX |
Best Risk-Adjusted Alternatives to ASHIX
ASHIX has a PortfoliosLab risk / return rank of 83. There are 66 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | ASHIX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | ASHIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | ASHIX vs RPHIX | |
| Fidelity Series High Income Fund | 97 | — | Mar 2011 | ASHIX vs FSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | ASHIX vs CWFIX |
Top Performing ASHIX Alternatives (YTD)
ASHIX is at 1.68% YTD. There are 92 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.43% | — | Nov 1977 | ASHIX vs FAGIX | |
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | ASHIX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.64% | — | Oct 2018 | ASHIX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.59% | — | Jul 1995 | ASHIX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.52% | — | Jan 1987 | ASHIX vs FAHYX |
Lowest Volatility Alternatives to ASHIX
ASHIX has 2.47% 1-year volatility. There are 22 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | ASHIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | ASHIX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.49% | — | Jul 2014 | ASHIX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | ASHIX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | ASHIX vs OSTIX |
Lowest Drawdown Alternatives to ASHIX
ASHIX has a 1-year max drawdown of -1.77%. There are 28 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | ASHIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | ASHIX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | ASHIX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | ASHIX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | ASHIX vs SCFIX |
Other Mutual Funds from Allianz
The 10 most viewed Allianz mutual funds shown here include DRGTX, ANNPX, AZNIX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Virtus Technology Fund | Technology Equities | 66 | 31.26% | — | Dec 1995 | ASHIX vs DRGTX | |
| Virtus Convertible Fund | Convertible Bonds | 93 | 21.91% | — | Apr 1993 | ASHIX vs ANNPX | |
| Virtus Income & Growth Fund | Diversified Portfolio | 75 | 10.43% | — | Feb 2007 | ASHIX vs AZNIX | |
| Virtus Mid-Cap Growth Fund | Mid Cap Growth Equities | 22 | 15.08% | — | Nov 1979 | ASHIX vs DRMCX | |
| Virtus Small-Cap Fund | Small Cap Blend Equities | 59 | 18.19% | — | Jul 2013 | ASHIX vs AZBIX | |
| Virtus NFJ Large-Cap Value Fund | Large Cap Value Equities | 48 | 13.05% | — | May 2000 | ASHIX vs ANVIX | |
| Virtus International Small-Cap Fund | Foreign Small & Mid Cap Equities | 79 | 15.15% | — | Dec 1997 | ASHIX vs ALOIX | |
| Virtus Focused Growth Fund | Large Cap Growth Equities | 26 | 7.05% | — | Feb 1984 | ASHIX vs PGWCX | |
| Virtus NFJ Emerging Markets Value Fund | Emerging Markets Diversified | 79 | 25.54% | — | Dec 2012 | ASHIX vs AZMIX | |
| Virtus Water Fund | Energy Equities | 2 | -3.74% | — | Mar 2008 | ASHIX vs AWTAX |
Often Compared With ASHIX
Investors most often compare ASHIX with SPY, RAGHX, DGSCX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare ASHIX with Any Fund or Stock
Compare ASHIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ASHIX with funds that move differently
Virtus Short Duration High Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ASHIX.
Explore ASHIX Diversifiers