Victory Pioneer Multi-Asset Ultrashort Income Fund Class A (MAFRX) 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 MAFRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MAFRX
MAFRX charges 0.58% annually. There are 49 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 | MAFRX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | MAFRX vs DFIHX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | MAFRX vs CUTAX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | MAFRX vs BUBIX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | MAFRX vs DFYGX |
Best Risk-Adjusted Alternatives to MAFRX
MAFRX 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 | |
|---|---|---|---|---|---|
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | MAFRX vs NUSIX | |
| Tactical Multi-Purpose Fund | 100 | — | Mar 2017 | MAFRX vs TMPFX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | MAFRX vs BUBSX | |
| DFA One Year Fixed Income Portfolio | 100 | — | Jul 1983 | MAFRX vs DFIHX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | MAFRX vs PAIPX |
Top Performing MAFRX Alternatives (YTD)
MAFRX is at 1.69% YTD. There are 32 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 | MAFRX vs SEMRX | |
| PIMCO Short Term Fund | 2.39% | — | Oct 1987 | MAFRX vs PTSHX | |
| SEI Institutional Investments Trust Opportunistic ... | 2.27% | — | Dec 2006 | MAFRX vs ENIAX | |
| PIMCO Short Asset Investment Fund | 2.23% | — | May 2012 | MAFRX vs PAIPX | |
| Tactical Multi-Purpose Fund | 2.23% | — | Mar 2017 | MAFRX vs TMPFX |
Lowest Volatility Alternatives to MAFRX
MAFRX has 1.36% 1-year volatility. There are 35 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.61%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Navigator Ultra Short Term Bond Fund | 0.61% | — | Mar 2019 | MAFRX vs NUSIX | |
| Tactical Multi-Purpose Fund | 0.61% | — | Mar 2017 | MAFRX vs TMPFX | |
| DFA One Year Fixed Income Portfolio | 0.65% | — | Jul 1983 | MAFRX vs DFIHX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.65% | — | Sep 1987 | MAFRX vs PRTBX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | MAFRX vs BUBSX |
Lowest Drawdown Alternatives to MAFRX
MAFRX has a 1-year max drawdown of -0.21%. There are 10 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 | |
|---|---|---|---|---|---|
| Fidelity Conservative Income Bond Institutional Cl... | -0.10% | — | Mar 2011 | MAFRX vs FCNVX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | MAFRX vs FHQFX | |
| PIMCO Short Asset Investment Fund | -0.10% | — | May 2012 | MAFRX vs PAIPX | |
| DFA One Year Fixed Income Portfolio | -0.10% | — | Jul 1983 | MAFRX vs DFIHX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | MAFRX vs NUSIX |
Other Mutual Funds from Victory
The 10 most viewed Victory mutual funds shown here include USNQX, USSPX, CBYYX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| USAA Nasdaq 100 Index Fund | Nasdaq-100, Large Cap Growth Equities | 35 | 12.08% | — | Oct 2000 | MAFRX vs USNQX | |
| Victory 500 Index Fund Member Shares | Large Cap Blend Equities | 55 | 10.08% | — | May 1996 | MAFRX vs USSPX | |
| Victory Pioneer Cat Bond Fund Class Y | Nontraditional Bonds | 100 | 4.28% | — | Jan 2023 | MAFRX vs CBYYX | |
| USAA Aggressive Growth Fund | Large Cap Growth Equities | 9 | 2.72% | — | Oct 1981 | MAFRX vs USAUX | |
| Victory Global Energy Transition Fund | Energy Equities | 96 | 28.25% | — | Nov 1995 | MAFRX vs RSNRX | |
| USAA Precious Metals and Minerals Fund | Precious Metals | 25 | -13.41% | — | Aug 1984 | MAFRX vs USAGX | |
| USAA Growth and Tax Strategy Fund | Diversified Portfolio | 76 | 5.55% | — | Jan 1989 | MAFRX vs USBLX | |
| USAA Growth Fund | Large Cap Growth Equities | 8 | -1.01% | — | Apr 1971 | MAFRX vs USAAX | |
| USAA Cornerstone Moderately Aggressive Fund | Diversified Portfolio | 77 | 8.62% | — | Aug 1984 | MAFRX vs USCRX | |
| USAA High Income Fund | High Yield Bonds | 72 | 1.51% | — | Aug 1999 | MAFRX vs USHYX |
Often Compared With MAFRX
Investors most often compare MAFRX with VEVIX, EALDX, FLARX. These 15 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare MAFRX with Any Fund or Stock
Compare MAFRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MAFRX with funds that move differently
Victory Pioneer Multi-Asset Ultrashort Income Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MAFRX.
Explore MAFRX Diversifiers