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 99. There are 17 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 | |
| Tactical Multi-Purpose Fund | 100 | — | Mar 2017 | BBSOX vs TMPFX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | BBSOX vs BUBSX | |
| DFA One Year Fixed Income Portfolio | 100 | — | Jul 1983 | BBSOX vs DFIHX | |
| Fidelity Series Treasury Bill Index Fund | 100 | — | Aug 2018 | BBSOX vs FHQFX |
Top Performing BBSOX Alternatives (YTD)
BBSOX is at 1.72% YTD. There are 29 mutual funds in the Ultrashort Bond category with higher YTD returns, going as high as 2.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Medalist Partners Short Duration Fund | 2.62% | — | Dec 2010 | BBSOX vs SEMRX | |
| PIMCO Short Term Fund | 2.39% | — | Oct 1987 | BBSOX vs PTSHX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 2.33% | — | Mar 2016 | BBSOX vs TSDUX | |
| SEI Institutional Investments Trust Opportunistic ... | 2.27% | — | Dec 2006 | BBSOX vs ENIAX | |
| PIMCO Short Asset Investment Fund | 2.23% | — | May 2012 | BBSOX vs PAIPX |
Lowest Volatility Alternatives to BBSOX
BBSOX has 1.30% 1-year volatility. There are 32 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.61%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.61% | — | Mar 2017 | BBSOX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.61% | — | Mar 2019 | BBSOX vs NUSIX | |
| DFA One Year Fixed Income Portfolio | 0.65% | — | Jul 1983 | BBSOX vs DFIHX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | BBSOX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.65% | — | Sep 1987 | BBSOX vs PRTBX |
Lowest Drawdown Alternatives to BBSOX
BBSOX has a 1-year max drawdown of -0.20%. There are 8 mutual funds in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA One Year Fixed Income Portfolio | -0.10% | — | Jul 1983 | BBSOX vs DFIHX | |
| PIMCO Short Asset Investment Fund | -0.10% | — | May 2012 | BBSOX vs PAIPX | |
| Tactical Multi-Purpose Fund | -0.10% | — | Mar 2017 | BBSOX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | BBSOX vs NUSIX | |
| 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 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 29 | 10.45% | — | Sep 2021 | BBSOX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 63 | 9.34% | — | Jul 1993 | BBSOX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 97 | 12.04% | — | Dec 2012 | BBSOX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund - Institutional... | Target Retirement Date | 70 | 11.03% | — | May 2011 | BBSOX vs LIVIX | |
| BlackRock Enhanced Equity Dividend Trust | Derivative Income | 64 | 8.08% | — | Aug 2005 | BBSOX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 30 | 22.08% | — | May 2000 | BBSOX vs BGSAX | |
| BlackRock Global Equity Market Neutral Fund Invest... | Equity Market Neutral | 97 | 11.82% | — | Dec 2012 | BBSOX vs BDMAX | |
| BlackRock Strategic Income Opportunities Fund Clas... | Total Bond Market | 64 | 1.03% | — | Feb 2008 | BBSOX vs BSIIX | |
| BlackRock Equity Dividend Fund | Large Cap Value Equities | 87 | 15.65% | — | Nov 1988 | BBSOX vs MADVX | |
| BlackRock High Yield K | High Yield Bonds | 78 | 1.22% | — | Jan 2001 | BBSOX vs BRHYX |
Often Compared With BBSOX
Investors most often compare BBSOX with TSDOX, ASFYX, CMGUX. These 19 comparison targets span 10 categories, based on PortfoliosLab usage data.
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