Guggenheim Ultra Short Duration Fund (GIYIX) 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 GIYIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GIYIX
GIYIX charges 0.34% annually. There are 28 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 | GIYIX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | GIYIX vs DFIHX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | GIYIX vs CUTAX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | GIYIX vs BUBIX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | GIYIX vs DFYGX |
Best Risk-Adjusted Alternatives to GIYIX
GIYIX has a PortfoliosLab risk / return rank of 98. There are 25 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 | GIYIX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | GIYIX vs BUBSX | |
| Baird Ultra Short Bond Fund Institutional Class | 100 | — | Dec 2013 | GIYIX vs BUBIX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | GIYIX vs PAIPX | |
| SEI Institutional Investments Trust Opportunistic ... | 100 | — | Dec 2006 | GIYIX vs ENIAX |
Top Performing GIYIX Alternatives (YTD)
GIYIX is at 1.63% YTD. There are 5 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 | GIYIX vs SEMRX | |
| PIMCO Short Term Fund | 1.92% | — | Oct 1987 | GIYIX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 1.80% | — | May 2012 | GIYIX vs PAIPX | |
| Pioneer Multi-Asset Ultrashort Income Fund | 1.73% | — | Apr 2011 | GIYIX vs MYFRX | |
| T. Rowe Price Ultra Short-Term Bond Fund Class I | 1.64% | — | Jul 2017 | GIYIX vs TRSTX |
Lowest Volatility Alternatives to GIYIX
GIYIX has 1.43% 1-year volatility. There are 39 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 | GIYIX vs TMPFX | |
| Baird Ultra Short Bond Fund | 0.62% | — | Dec 2013 | GIYIX vs BUBSX | |
| Navigator Ultra Short Term Bond Fund | 0.63% | — | Mar 2019 | GIYIX vs NUSIX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.68% | — | Sep 1987 | GIYIX vs PRTBX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.70% | — | Dec 2013 | GIYIX vs BUBIX |
Lowest Drawdown Alternatives to GIYIX
GIYIX has a 1-year max drawdown of -0.40%. There are 32 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 | GIYIX vs TMPFX | |
| U.S. Global Investors U.S. Government Ultra-Short ... | 0.00% | — | Dec 2013 | GIYIX vs UGSDX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | GIYIX vs FHQFX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | -0.10% | — | Apr 2016 | GIYIX vs MUIIX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | GIYIX vs NUSIX |
Other Mutual Funds from Guggenheim
The 10 most viewed Guggenheim mutual funds shown here include GOF, RYOCX, GIBIX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Guggenheim Strategic Opportunities Fund | Derivative Income | 1 | -7.43% | — | Jul 2007 | GIYIX vs GOF | |
| Rydex NASDAQ-100 Fund Investor Class | Large Cap Growth Equities | 71 | 21.14% | — | Feb 1994 | GIYIX vs RYOCX | |
| Guggenheim Total Return Bond Fund | Intermediate Core-Plus Bond | 30 | 0.59% | — | Nov 2011 | GIYIX vs GIBIX | |
| Guggenheim Limited Duration Fund | Short-Term Bond | 88 | 0.98% | — | Dec 2013 | GIYIX vs GILHX | |
| Guggenheim Macro Opportunities Fund | Nontraditional Bonds | 77 | 1.12% | — | Nov 2011 | GIYIX vs GIOIX | |
| Guggenheim High Yield Fund | High Yield Bonds | 37 | 0.80% | — | Aug 1996 | GIYIX vs SIHAX | |
| Guggenheim StylePlus - Large Core Fund | Large Cap Blend Equities | 75 | 14.79% | — | Sep 1962 | GIYIX vs SECEX | |
| Guggenheim Managed Futures Strategy Fund | Systematic Trend | 53 | 8.95% | — | Mar 2007 | GIYIX vs RYMTX | |
| Guggenheim StylePlus - Mid Growth Fund | Mid Cap Growth Equities | 24 | 16.16% | — | Sep 1969 | GIYIX vs SECUX | |
| Guggenheim Core Bond Fund Institutional Class | Total Bond Market | 27 | 0.59% | — | — | GIYIX vs GIUSX |
Often Compared With GIYIX
Investors most often compare GIYIX with NUSFX, CBUDX, BUSIX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare GIYIX with Any Fund or Stock
Compare GIYIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GIYIX with funds that move differently
Guggenheim Ultra Short Duration Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GIYIX.
Explore GIYIX Diversifiers