Palmer Square Ultra-Short Duration Investment Grade Fund (PSDSX) 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 PSDSX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PSDSX
PSDSX charges 0.53% annually. There are 46 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 | PSDSX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | PSDSX vs DFIHX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | PSDSX vs CUTAX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | PSDSX vs BUBIX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | PSDSX vs DFYGX |
Best Risk-Adjusted Alternatives to PSDSX
PSDSX has a PortfoliosLab risk / return rank of 98. There are 49 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 | PSDSX vs NUSIX | |
| Tactical Multi-Purpose Fund | 100 | — | Mar 2017 | PSDSX vs TMPFX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | PSDSX vs BUBSX | |
| DFA One Year Fixed Income Portfolio | 100 | — | Jul 1983 | PSDSX vs DFIHX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | PSDSX vs PAIPX |
Top Performing PSDSX Alternatives (YTD)
PSDSX is at 1.44% YTD. There are 49 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 | PSDSX vs SEMRX | |
| PIMCO Short Term Fund | 2.39% | — | Oct 1987 | PSDSX vs PTSHX | |
| SEI Institutional Investments Trust Opportunistic ... | 2.27% | — | Dec 2006 | PSDSX vs ENIAX | |
| PIMCO Short Asset Investment Fund | 2.23% | — | May 2012 | PSDSX vs PAIPX | |
| Tactical Multi-Purpose Fund | 2.23% | — | Mar 2017 | PSDSX vs TMPFX |
Lowest Volatility Alternatives to PSDSX
PSDSX has 0.97% 1-year volatility. There are 11 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 | PSDSX vs NUSIX | |
| Tactical Multi-Purpose Fund | 0.61% | — | Mar 2017 | PSDSX vs TMPFX | |
| DFA One Year Fixed Income Portfolio | 0.65% | — | Jul 1983 | PSDSX vs DFIHX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.65% | — | Sep 1987 | PSDSX vs PRTBX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | PSDSX vs BUBSX |
Lowest Drawdown Alternatives to PSDSX
PSDSX has a 1-year max drawdown of -0.80%. There are 60 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 | PSDSX vs FCNVX | |
| PIMCO Short Asset Investment Fund | -0.10% | — | May 2012 | PSDSX vs PAIPX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | PSDSX vs FHQFX | |
| DFA One Year Fixed Income Portfolio | -0.10% | — | Jul 1983 | PSDSX vs DFIHX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | PSDSX vs NUSIX |
Other Mutual Funds from Palmer Square
The 1 most viewed Palmer Square mutual funds shown here include PSYPX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Palmer Square Income Plus Fund | Ultrashort Bond | 89 | 1.18% | — | Feb 2014 | PSDSX vs PSYPX |
Often Compared With PSDSX
Investors most often compare PSDSX with FTSM, MUIIX, CBUDX. These 14 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare PSDSX with Any Fund or Stock
Compare PSDSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PSDSX with funds that move differently
Palmer Square Ultra-Short Duration Investment Grade Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PSDSX.
Explore PSDSX Diversifiers