Calvert Ultra-Short Duration Income Fund (CULAX) 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 CULAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CULAX
CULAX charges 0.72% annually. There are 56 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 | CULAX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | CULAX vs DFIHX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | CULAX vs BUBIX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | CULAX vs CUTAX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | CULAX vs DFYGX |
Best Risk-Adjusted Alternatives to CULAX
CULAX has a PortfoliosLab risk / return rank of 99. There are 21 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 | CULAX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | CULAX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | CULAX vs BUBSX | |
| DFA One Year Fixed Income Portfolio | 100 | — | Jul 1983 | CULAX vs DFIHX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | CULAX vs PAIPX |
Top Performing CULAX Alternatives (YTD)
CULAX is at 1.66% YTD. There are 35 mutual funds in the Ultrashort Bond category with higher YTD returns, going as high as 2.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Semper Short Duration Fund | 2.62% | — | Dec 2010 | CULAX vs SEMRX | |
| PIMCO Short Term Fund | 2.39% | — | Oct 1987 | CULAX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 2.23% | — | May 2012 | CULAX vs PAIPX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 2.12% | — | Dec 2012 | CULAX vs TRBUX | |
| SEI Institutional Investments Trust Opportunistic ... | 2.01% | — | Dec 2006 | CULAX vs ENIAX |
Lowest Volatility Alternatives to CULAX
CULAX has 1.26% 1-year volatility. There are 27 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 | CULAX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.61% | — | Mar 2019 | CULAX vs NUSIX | |
| DFA One Year Fixed Income Portfolio | 0.64% | — | Jul 1983 | CULAX vs DFIHX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | CULAX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.65% | — | Sep 1987 | CULAX vs PRTBX |
Lowest Drawdown Alternatives to CULAX
CULAX has a 1-year max drawdown of -0.30%. There are 20 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 | |
|---|---|---|---|---|---|
| Baird Ultra Short Bond Fund | -0.10% | — | Dec 2013 | CULAX vs BUBSX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | CULAX vs NUSIX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | CULAX vs FHQFX | |
| Fidelity Conservative Income Bond Institutional Cl... | -0.10% | — | Mar 2011 | CULAX vs FCNVX | |
| DFA One Year Fixed Income Portfolio | -0.10% | — | Jul 1983 | CULAX vs DFIHX |
Other Mutual Funds from Calvert Research and Management
The 10 most viewed Calvert Research and Management mutual funds shown here include CISIX, CSIEX, CGJIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Calvert US Large-Cap Core Responsible Index Fund | Large Cap Blend Equities | 63 | 12.89% | — | Jun 2000 | CULAX vs CISIX | |
| Calvert Equity Fund | Large Cap Growth Equities | 1 | -7.52% | — | Aug 1987 | CULAX vs CSIEX | |
| Calvert US Large-Cap Growth Responsible Index Fund | Large Cap Growth Equities | 37 | 9.99% | — | Jun 2015 | CULAX vs CGJIX | |
| Calvert International Responsible Index Fund | Foreign Large Cap Equities | 64 | 18.85% | — | Oct 2015 | CULAX vs CDHIX | |
| Calvert Global Energy Solutions Fund | Global Equities | 59 | 14.09% | — | May 2007 | CULAX vs CAEIX | |
| Calvert US Large-Cap Value Responsible Index Fund | Large Cap Value Equities | 87 | 22.04% | — | Jun 2015 | CULAX vs CFJIX | |
| Calvert Emerging Markets Equity Fund | Emerging Markets Diversified | 80 | 28.02% | — | Oct 2012 | CULAX vs CVMIX | |
| Calvert Income Fund | Corporate Bonds | 27 | 0.18% | — | Oct 1982 | CULAX vs CFICX | |
| Calvert High Yield Bond Fund | High Yield Bonds | 53 | 0.97% | — | Jul 2001 | CULAX vs CYBIX | |
| Calvert Small/Mid-Cap Fund Class I | Small Cap Growth Equities | 4 | 7.94% | — | Jul 2011 | CULAX vs CMCIX |
Often Compared With CULAX
Investors most often compare CULAX with TQQQ, SPY, MUIIX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare CULAX with Any Fund or Stock
Compare CULAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CULAX with funds that move differently
Calvert Ultra-Short Duration Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CULAX.
Explore CULAX Diversifiers