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 | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | BBSOX vs BUBIX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | BBSOX vs CUTAX | |
| 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 99. There are 26 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 | BBSOX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | BBSOX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | BBSOX vs BUBSX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | BBSOX vs PAIPX | |
| Fidelity Series Treasury Bill Index Fund | 100 | — | Aug 2018 | BBSOX vs FHQFX |
Top Performing BBSOX Alternatives (YTD)
BBSOX is at 1.39% YTD. There are 28 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 | 2.03% | — | Oct 1987 | BBSOX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 1.80% | — | May 2012 | BBSOX vs PAIPX | |
| SEI Institutional Investments Trust Opportunistic ... | 1.77% | — | Dec 2006 | BBSOX vs ENIAX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 1.77% | — | Mar 2016 | BBSOX vs TSDUX |
Lowest Volatility Alternatives to BBSOX
BBSOX has 1.34% 1-year volatility. There are 30 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 | BBSOX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.62% | — | Mar 2019 | BBSOX vs NUSIX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | BBSOX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.67% | — | Sep 1987 | BBSOX vs PRTBX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.72% | — | 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 | |
|---|---|---|---|---|---|
| U.S. Global Investors U.S. Government Ultra-Short ... | 0.00% | — | Dec 2013 | BBSOX vs UGSDX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | BBSOX vs NUSIX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | BBSOX vs FHQFX | |
| Baird Ultra Short Bond Fund | -0.10% | — | Dec 2013 | BBSOX vs BUBSX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | -0.10% | — | Apr 2016 | BBSOX vs MUIIX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 30 | 11.26% | — | Sep 2021 | BBSOX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 65 | 9.77% | — | Jul 1993 | BBSOX vs WFSPX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 96 | 13.03% | — | Dec 2012 | BBSOX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 69 | 12.39% | — | May 2011 | BBSOX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.90% | — | Dec 1991 | BBSOX vs FASGX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 28 | 1.80% | — | Aug 2005 | BBSOX vs BDJ | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 64 | 11.89% | — | Jul 2010 | BBSOX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 69 | 43.67% | — | Apr 2000 | BBSOX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 79 | 7.45% | — | Oct 2007 | BBSOX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 77 | 14.17% | — | Sep 1999 | BBSOX vs FAMRX |
Often Compared With BBSOX
Investors most often compare BBSOX with TSDOX, VTMFX, CBUDX. These 9 comparison targets span 6 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 | 1.48% | — | Mar 1994 | BBSOX vs TSDOX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | Diversified Portfolio, Municipal Bonds | 76 | 5.23% | 12.30B | Sep 1994 | BBSOX vs VTMFX | |
| CrossingBridge Ultra-Short Duration Fund | Ultrashort Bond | 99 | 1.64% | — | Jun 2021 | BBSOX vs CBUDX | |
| Vanguard Financials Index Fund Admiral Shares | Financials Equities | 8 | -0.70% | 13.50B | Feb 2004 | BBSOX vs VFAIX | |
| Pioneer Multi-Asset Ultrashort Income Fund | Ultrashort Bond | 98 | 1.62% | — | Apr 2011 | BBSOX vs MYFRX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | Large Cap Blend Equities | 63 | 9.59% | 30.00B | Sep 1994 | BBSOX vs VTCLX | |
| Columbia Ultra Short Term Bond Fund | Ultrashort Bond | 99 | 1.58% | — | Mar 2004 | BBSOX vs CMGUX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | Large Cap Growth Equities | 71 | 20.21% | — | Jan 2000 | BBSOX vs NASDX | |
| T. Rowe Price Ultra Short-Term Bond Fund Class I | Ultrashort Bond | 99 | 1.64% | — | Jul 2017 | BBSOX vs TRSTX |
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