ASHIX Alternatives & Similar Mutual Funds

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
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	—	Dec 2008	ASHIX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.12%	25.80B	Nov 2001	ASHIX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	—	Dec 2017	ASHIX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.22%	25.80B	Dec 1978	ASHIX vs VWEHX
CRDOX	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 77. There are 71 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
XILSX	Pioneer ILS Interval Fund	100	—	Dec 2014	ASHIX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund	100	—	Mar 2019	ASHIX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	99	—	Sep 2010	ASHIX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	96	—	Jul 2014	ASHIX vs CWFIX
PSHNX	Penn Capital Short Duration High Income Fund	96	—	Jul 2017	ASHIX vs PSHNX

Top Performing ASHIX Alternatives (YTD)

ASHIX is at 1.45% YTD. There are 84 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.39%.

Symbol	Name	YTD Return	AUM	Inception
XILSX	Pioneer ILS Interval Fund	8.39%	—	Dec 2014	ASHIX vs XILSX
FOCIX	Fairholme Focused Income Fund	7.76%	—	Dec 2009	ASHIX vs FOCIX
FAGIX	Fidelity Capital & Income Fund	7.39%	—	Nov 1977	ASHIX vs FAGIX
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	6.77%	—	Oct 2018	ASHIX vs FIQTX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	6.64%	—	Jul 1995	ASHIX vs FAHCX

Lowest Volatility Alternatives to ASHIX

ASHIX has 2.48% 1-year volatility. There are 19 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
CCLFX	Cliffwater Corporate Lending Fund	0.88%	—	Mar 2019	ASHIX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	0.88%	—	Sep 2010	ASHIX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	1.51%	—	Jul 2014	ASHIX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.64%	—	Oct 2012	ASHIX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.70%	—	Aug 2002	ASHIX vs OSTIX

Lowest Drawdown Alternatives to ASHIX

ASHIX has a 1-year max drawdown of -1.77%. There are 27 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
RPHIX	RiverPark Short Term High Yield Fund	-0.10%	—	Sep 2010	ASHIX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	-0.19%	—	Mar 2019	ASHIX vs CCLFX
XILSX	Pioneer ILS Interval Fund	-0.21%	—	Dec 2014	ASHIX vs XILSX
MDHVX	MainStay MacKay Short Duration High Yield Fund	-1.06%	—	Dec 2012	ASHIX vs MDHVX
SCFIX	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
DRGTX	Virtus Technology Fund	Technology Equities	40	21.65%	—	Dec 1995	ASHIX vs DRGTX
ANNPX	Virtus Convertible Fund	Convertible Bonds	90	20.29%	—	Apr 1993	ASHIX vs ANNPX
AZNIX	Virtus Income & Growth Fund	Diversified Portfolio	64	8.85%	—	Feb 2007	ASHIX vs AZNIX
DRMCX	Virtus Mid-Cap Growth Fund	Mid Cap Growth Equities	17	12.73%	—	Nov 1979	ASHIX vs DRMCX
AZBIX	Virtus Small-Cap Fund	Small Cap Blend Equities	68	19.98%	—	Jul 2013	ASHIX vs AZBIX
ALOIX	Virtus International Small-Cap Fund	Foreign Small & Mid Cap Equities	78	12.43%	—	Dec 1997	ASHIX vs ALOIX
PGWCX	Virtus Focused Growth Fund	Large Cap Growth Equities	12	-0.56%	—	Feb 1984	ASHIX vs PGWCX
ANVIX	Virtus NFJ Large-Cap Value Fund	Large Cap Value Equities	42	12.56%	—	May 2000	ASHIX vs ANVIX
RAGHX	Virtus Health Sciences Fund	Health & Biotech Equities	6	-7.79%	—	Feb 2002	ASHIX vs RAGHX
AZMIX	Virtus NFJ Emerging Markets Value Fund	Emerging Markets Diversified	69	22.88%	—	Dec 2012	ASHIX vs AZMIX

Often Compared With ASHIX

Investors most often compare ASHIX with SPY, AWTAX, DGSCX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SPY	State Street SPDR S&P 500 ETF	S&P 500	60	8.10%	765.27B	Jan 1993	ASHIX vs SPY
AWTAX	Virtus Water Fund	Energy Equities	3	-3.00%	—	Mar 2008	ASHIX vs AWTAX
DGSCX	Virtus Global Small-Cap Fund	Global Equities	2	1.54%	—	Dec 1996	ASHIX vs DGSCX
PSVIX	Virtus NFJ Small-Cap Value Fund	Small Cap Value Equities	46	15.68%	—	Oct 1991	ASHIX vs PSVIX
PALAX	Virtus Global Allocation Fund	Global Allocation	73	7.77%	—	Sep 1998	ASHIX vs PALAX
NFJEX	Virtus NFJ Dividend Value Fund	Large Cap Value Equities	81	18.89%	—	May 2000	ASHIX vs NFJEX
RSIIX	RiverPark Strategic Income Fund	High Yield Bonds	63	1.57%	—	Sep 2013	ASHIX vs RSIIX
AOTIX	Virtus Emerging Markets Opportunities Fund	Emerging Markets Diversified	91	32.85%	—	May 2004	ASHIX vs AOTIX
ANJIX	Virtus NFJ International Value Fund	Foreign Large Cap Equities	74	11.59%	—	Jan 2003	ASHIX vs ANJIX
CPMPX	Changing Parameters Fund	High Yield Bonds	83	0.76%	—	Oct 2006	ASHIX vs CPMPX
PRCPX	T. Rowe Price Credit Opportunities Fund	High Yield Bonds	93	1.29%	—	Apr 2014	ASHIX vs PRCPX
THHYX	Toews Tactical Income Fund	High Yield Bonds	35	0.38%	—	Jun 2010	ASHIX vs THHYX
JGH	Nuveen Global High Income Fund	High Yield Bonds	16	5.33%	—	Nov 2014	ASHIX vs JGH
PRFRX	T. Rowe Price Floating Rate Fund	High Yield Bonds	95	0.83%	—	Jul 2011	ASHIX vs PRFRX
PRHYX	T. Rowe Price High Yield Fund	High Yield Bonds	69	1.22%	—	Dec 1984	ASHIX vs PRHYX
FQTIX	Franklin Templeton SMACS: Series I	High Yield Bonds	94	3.68%	—	Jun 2019	ASHIX vs FQTIX
PQNCX	Virtus NFJ Mid-Cap Value Fund	Mid Cap Value Equities	30	13.08%	—	Apr 1988	ASHIX vs PQNCX
SHOYX	American Beacon SiM High Yield Opportunities Fund ...	High Yield Bonds	96	1.84%	—	Feb 2011	ASHIX vs SHOYX
FAHYX	Fidelity Advisor High Income Advantage Fund Class ...	High Yield Bonds	88	6.56%	—	Jan 1987	ASHIX vs FAHYX
PYHRX	Payden High Income Fund	High Yield Bonds	94	2.36%	—	Dec 1997	ASHIX vs PYHRX

Compare ASHIX with Any Fund or Stock

Compare ASHIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

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

Virtus Short Duration High Income Fund (ASHIX) Alternatives