BlackRock Short Obligations Fund (BBSOX) 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 BBSOX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BBSOX
BBSOX charges 0.30% annually. There are 24 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 | BBSOX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | BBSOX vs DFIHX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | BBSOX vs CUTAX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | BBSOX vs BUBIX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | BBSOX vs DFYGX |
Best Risk-Adjusted Alternatives to BBSOX
BBSOX has a PortfoliosLab risk / return rank of 98. There are 23 mutual funds in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | BBSOX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | BBSOX vs BUBSX | |
| Baird Ultra Short Bond Fund Institutional Class | 100 | — | Dec 2013 | BBSOX vs BUBIX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | BBSOX vs PAIPX | |
| SEI Institutional Investments Trust Opportunistic ... | 100 | — | Dec 2006 | BBSOX vs ENIAX |
Top Performing BBSOX Alternatives (YTD)
BBSOX is at 1.49% YTD. There are 20 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 | BBSOX vs SEMRX | |
| PIMCO Short Term Fund | 1.92% | — | Oct 1987 | BBSOX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 1.80% | — | May 2012 | BBSOX vs PAIPX | |
| Pioneer Multi-Asset Ultrashort Income Fund | 1.73% | — | Apr 2011 | BBSOX vs MYFRX | |
| Columbia Ultra Short Term Bond Fund | 1.69% | — | Mar 2004 | BBSOX vs CMGUX |
Lowest Volatility Alternatives to BBSOX
BBSOX has 1.33% 1-year volatility. There are 29 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.56% | — | Mar 2017 | BBSOX vs TMPFX | |
| Baird Ultra Short Bond Fund | 0.62% | — | Dec 2013 | BBSOX vs BUBSX | |
| Navigator Ultra Short Term Bond Fund | 0.63% | — | Mar 2019 | BBSOX vs NUSIX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.68% | — | Sep 1987 | BBSOX vs PRTBX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.70% | — | Dec 2013 | BBSOX vs BUBIX |
Lowest Drawdown Alternatives to BBSOX
BBSOX has a 1-year max drawdown of -0.20%. There are 7 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 | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.00% | — | Mar 2017 | BBSOX vs TMPFX | |
| U.S. Global Investors U.S. Government Ultra-Short ... | 0.00% | — | Dec 2013 | BBSOX vs UGSDX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | BBSOX vs FHQFX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | -0.10% | — | Apr 2016 | BBSOX vs MUIIX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | BBSOX vs NUSIX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include NASDX, VFAIX, VTMFX and span 10 categories. AUM among these funds goes as high as $29B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Shelton Capital Management Nasdaq-100 Index Fund D... | Large Cap Growth Equities | 76 | 20.81% | — | Jan 2000 | BBSOX vs NASDX | |
| Vanguard Financials Index Fund Admiral Shares | Financials Equities | 4 | -5.11% | 13.70B | Feb 2004 | BBSOX vs VFAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | Diversified Portfolio | 81 | 5.85% | 11.90B | Sep 1994 | BBSOX vs VTMFX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | Large Cap Blend Equities | 70 | 11.07% | 28.60B | Sep 1994 | BBSOX vs VTCLX | |
| iShares S&P 500 Index Fund | S&P 500 | 74 | 11.54% | — | Jul 1993 | BBSOX vs WFSPX | |
| BlackRock ESG Capital Allocation Term Trust | Derivative Income, ESG | 32 | 12.58% | — | Sep 2021 | BBSOX vs ECAT | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 69 | 12.57% | — | May 2011 | BBSOX vs LIVIX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 91 | 12.00% | — | Dec 2012 | BBSOX vs BDMIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 76 | 11.37% | — | Dec 1991 | BBSOX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 67 | 14.60% | — | Jul 2010 | BBSOX vs ASFYX |
Often Compared With BBSOX
Investors most often compare BBSOX with TSDOX, CBUDX, TSDUX. These 3 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Touchstone Ultra Short Duration Fixed Income Fund | Ultrashort Bond | 98 | 1.59% | — | Mar 1994 | BBSOX vs TSDOX | |
| CrossingBridge Ultra-Short Duration Fund | Ultrashort Bond | 99 | 1.54% | — | Jun 2021 | BBSOX vs CBUDX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | Ultrashort Bond | 95 | 1.56% | — | Mar 2016 | BBSOX vs TSDUX |
Compare BBSOX with Any Fund or Stock
Compare BBSOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BBSOX with funds that move differently
BlackRock Short Obligations Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BBSOX.
Explore BBSOX Diversifiers