Northern Ultra-Short Fixed Income Fund (NUSFX) 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 NUSFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NUSFX
NUSFX charges 0.28% annually. There are 22 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 | NUSFX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | NUSFX vs DFIHX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | NUSFX vs BUBIX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | NUSFX vs CUTAX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | NUSFX vs DFYGX |
Best Risk-Adjusted Alternatives to NUSFX
NUSFX has a PortfoliosLab risk / return rank of 99. There are 40 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 | NUSFX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | NUSFX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | NUSFX vs BUBSX | |
| DFA One Year Fixed Income Portfolio | 100 | — | Jul 1983 | NUSFX vs DFIHX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | NUSFX vs PAIPX |
Top Performing NUSFX Alternatives (YTD)
NUSFX is at 1.52% YTD. There are 48 mutual funds in the Ultrashort Bond category with higher YTD returns, going as high as 2.51%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Semper Short Duration Fund | 2.51% | — | Dec 2010 | NUSFX vs SEMRX | |
| PIMCO Short Term Fund | 2.39% | — | Oct 1987 | NUSFX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 2.13% | — | May 2012 | NUSFX vs PAIPX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 2.12% | — | Dec 2012 | NUSFX vs TRBUX | |
| SEI Institutional Investments Trust Opportunistic ... | 2.01% | — | Dec 2006 | NUSFX vs ENIAX |
Lowest Volatility Alternatives to NUSFX
NUSFX has 1.40% 1-year volatility. There are 39 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 | NUSFX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.61% | — | Mar 2019 | NUSFX vs NUSIX | |
| DFA One Year Fixed Income Portfolio | 0.63% | — | Jul 1983 | NUSFX vs DFIHX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | NUSFX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.66% | — | Sep 1987 | NUSFX vs PRTBX |
Lowest Drawdown Alternatives to NUSFX
NUSFX has a 1-year max drawdown of -0.39%. There are 32 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 | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | -0.10% | — | Mar 2017 | NUSFX vs TMPFX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | NUSFX vs FHQFX | |
| DFA One Year Fixed Income Portfolio | -0.10% | — | Jul 1983 | NUSFX vs DFIHX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | -0.10% | — | Apr 2016 | NUSFX vs MUIIX | |
| Fidelity Conservative Income Bond Institutional Cl... | -0.10% | — | Mar 2011 | NUSFX vs FCNVX |
Other Mutual Funds from Northern Funds
The 10 most viewed Northern Funds mutual funds shown here include NOIEX, NOSIX, NHFIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Northern Income Equity Fund | Large Cap Value Equities | 76 | 12.00% | — | Mar 1994 | NUSFX vs NOIEX | |
| Northern Stock Index Fund | Large Cap Blend Equities | 63 | 10.46% | — | Oct 1996 | NUSFX vs NOSIX | |
| Northern High Yield Fixed Income Fund | High Yield Bonds | 82 | 2.01% | — | Dec 1998 | NUSFX vs NHFIX | |
| Northern Global Sustainability Index Fund | Global Equities | 54 | 9.48% | — | Mar 2008 | NUSFX vs NSRIX | |
| Northern International Equity Index Fund | Foreign Large Cap Equities | 36 | 9.45% | — | Mar 2005 | NUSFX vs NOINX | |
| Northern Small Cap Value Fund | Small Cap Value Equities | 75 | 20.50% | — | Mar 1994 | NUSFX vs NOSGX | |
| Northern Large Cap Core Fund | Large Cap Blend Equities | 77 | 10.03% | — | Dec 2005 | NUSFX vs NOLCX | |
| Northern Small Cap Core Fund | Small Cap Blend Equities | 78 | 21.14% | — | Sep 1999 | NUSFX vs NSGRX | |
| Northern Bond Index Fund | Intermediate Core Bond | 16 | -0.68% | — | Feb 2007 | NUSFX vs NOBOX | |
| Northern Mid Cap Index Fund | Mid Cap Blend Equities | 41 | 14.52% | — | Mar 2005 | NUSFX vs NOMIX |
Often Compared With NUSFX
Investors most often compare NUSFX with TSDOX, AOUIX, PIASX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare NUSFX with Any Fund or Stock
Compare NUSFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NUSFX with funds that move differently
Northern Ultra-Short Fixed Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NUSFX.
Explore NUSFX Diversifiers