Pioneer Multi-Asset Ultrashort Income Fund (MYFRX) 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 MYFRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MYFRX
MYFRX charges 0.44% annually. There are 40 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 | MYFRX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | MYFRX vs DFIHX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | MYFRX vs BUBIX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | MYFRX vs CUTAX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | MYFRX vs DFYGX |
Best Risk-Adjusted Alternatives to MYFRX
MYFRX has a PortfoliosLab risk / return rank of 98. There are 38 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 | MYFRX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | MYFRX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | MYFRX vs BUBSX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | MYFRX vs PAIPX | |
| Fidelity Series Treasury Bill Index Fund | 100 | — | Aug 2018 | MYFRX vs FHQFX |
Top Performing MYFRX Alternatives (YTD)
MYFRX is at 1.62% YTD. There are 11 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 | MYFRX vs SEMRX | |
| PIMCO Short Term Fund | 2.03% | — | Oct 1987 | MYFRX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 1.80% | — | May 2012 | MYFRX vs PAIPX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 1.77% | — | Mar 2016 | MYFRX vs TSDUX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 1.74% | — | Jul 2018 | MYFRX vs CUTAX |
Lowest Volatility Alternatives to MYFRX
MYFRX has 1.46% 1-year volatility. There are 48 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.59%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.59% | — | Mar 2017 | MYFRX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.61% | — | Mar 2019 | MYFRX vs NUSIX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | MYFRX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.67% | — | Sep 1987 | MYFRX vs PRTBX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.72% | — | Dec 2013 | MYFRX vs BUBIX |
Lowest Drawdown Alternatives to MYFRX
MYFRX has a 1-year max drawdown of -0.31%. There are 24 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 | MYFRX vs UGSDX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | MYFRX vs FHQFX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | -0.10% | — | Apr 2016 | MYFRX vs MUIIX | |
| Tactical Multi-Purpose Fund | -0.10% | — | Mar 2017 | MYFRX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | MYFRX vs NUSIX |
Other Mutual Funds from Amundi
The 10 most viewed Amundi mutual funds shown here include PMFYX, PIODX, PMAIX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund | Global Allocation | 81 | 4.83% | — | Dec 2011 | MYFRX vs PMFYX | |
| Pioneer Fund | Large Cap Blend Equities | 54 | 10.61% | — | Feb 1928 | MYFRX vs PIODX | |
| Pioneer Multi-Asset Income Fund A | Diversified Portfolio, Dividend | 80 | 4.74% | — | Dec 2011 | MYFRX vs PMAIX | |
| Pioneer ILS Interval Fund | High Yield Bonds | 100 | 8.28% | — | Dec 2014 | MYFRX vs XILSX | |
| Pioneer Core Equity Fund | Large Cap Blend Equities | 47 | 8.66% | — | Nov 1999 | MYFRX vs PIOTX | |
| Pioneer Disciplined Growth Fund | Large Cap Growth Equities | 30 | 9.09% | — | Dec 2005 | MYFRX vs PINDX | |
| Pioneer Fundamental Growth Fund | Large Cap Growth Equities | 14 | 3.98% | — | Aug 2002 | MYFRX vs PIGFX | |
| Pioneer Securitized Income Fund | Nontraditional Bonds | 73 | 1.83% | — | Dec 2019 | MYFRX vs SYFFX | |
| Pioneer Global Sustainable Equity Fund Class A | Global Equities, Sustainable | 85 | 14.91% | — | Dec 2005 | MYFRX vs GLOSX | |
| Pioneer Mid Cap Value Fund | Mid Cap Value Equities | 69 | 14.68% | — | Jul 1990 | MYFRX vs PCGRX |
Often Compared With MYFRX
Investors most often compare MYFRX with TSDLX, FGUSX, PSRAX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare MYFRX with Any Fund or Stock
Compare MYFRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MYFRX with funds that move differently
Pioneer Multi-Asset Ultrashort Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MYFRX.
Explore MYFRX Diversifiers