Six Circles Tax Aware Ultra Short Duration Fund (CUTAX) 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 CUTAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CUTAX
CUTAX charges 0.15% annually. There are 2 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 | CUTAX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | CUTAX vs DFIHX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | CUTAX vs BUBIX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | CUTAX vs DFYGX | |
| Six Circles Ultra Short Duration Fund | 0.18% | — | Jul 2018 | CUTAX vs CUSDX |
Best Risk-Adjusted Alternatives to CUTAX
CUTAX has a PortfoliosLab risk / return rank of 98. There are 37 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 | CUTAX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | CUTAX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | CUTAX vs BUBSX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | CUTAX vs PAIPX | |
| Fidelity Series Treasury Bill Index Fund | 100 | — | Aug 2018 | CUTAX vs FHQFX |
Top Performing CUTAX Alternatives (YTD)
CUTAX is at 1.64% YTD. There are 7 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 | CUTAX vs SEMRX | |
| PIMCO Short Term Fund | 2.03% | — | Oct 1987 | CUTAX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 1.80% | — | May 2012 | CUTAX vs PAIPX | |
| SEI Institutional Investments Trust Opportunistic ... | 1.77% | — | Dec 2006 | CUTAX vs ENIAX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 1.77% | — | Mar 2016 | CUTAX vs TSDUX |
Lowest Volatility Alternatives to CUTAX
CUTAX has 1.01% 1-year volatility. There are 14 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 | CUTAX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.62% | — | Mar 2019 | CUTAX vs NUSIX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | CUTAX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.67% | — | Sep 1987 | CUTAX vs PRTBX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.72% | — | Dec 2013 | CUTAX vs BUBIX |
Lowest Drawdown Alternatives to CUTAX
CUTAX has a 1-year max drawdown of -0.61%. There are 52 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 | CUTAX vs UGSDX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | CUTAX vs NUSIX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | CUTAX vs FHQFX | |
| Baird Ultra Short Bond Fund | -0.10% | — | Dec 2013 | CUTAX vs BUBSX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | -0.10% | — | Apr 2016 | CUTAX vs MUIIX |
Other Mutual Funds from Six Circles
The 5 most viewed Six Circles mutual funds shown here include CUSUX, CIUEX, CMIUX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Six Circles U.S. Unconstrained Equity Fund | Large Cap Blend Equities | 44 | 6.57% | — | Jul 2018 | CUTAX vs CUSUX | |
| Six Circles International Unconstrained Equity Fun... | Foreign Large Cap Equities | 32 | 9.31% | — | Jul 2018 | CUTAX vs CIUEX | |
| Six Circles Managed Equity Portfolio International... | Europe Equities | 35 | 9.32% | — | Apr 2019 | CUTAX vs CMIUX | |
| Six Circles Tax Aware Bond Fund | Municipal Bonds | 80 | 1.89% | — | May 2020 | CUTAX vs CBTAX | |
| Six Circles Credit Opportunities Fund | High Yield Bonds | 83 | 2.37% | — | Nov 2020 | CUTAX vs CRDOX |
Often Compared With CUTAX
Investors most often compare CUTAX with CGJIX, SADIX, TSDOX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare CUTAX with Any Fund or Stock
Compare CUTAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CUTAX with funds that move differently
Six Circles Tax Aware Ultra Short Duration Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CUTAX.
Explore CUTAX Diversifiers