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 | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | PSDSX vs BUBIX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | PSDSX vs CUTAX | |
| 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 97. There are 56 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 | PSDSX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | PSDSX vs NUSIX | |
| 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 1.19% YTD. There are 54 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 | PSDSX vs SEMRX | |
| PIMCO Short Term Fund | 2.39% | — | Oct 1987 | PSDSX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 2.13% | — | May 2012 | PSDSX vs PAIPX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 2.12% | — | Dec 2012 | PSDSX vs TRBUX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 2.01% | — | Mar 2016 | PSDSX vs TSDUX |
Lowest Volatility Alternatives to PSDSX
PSDSX has 0.98% 1-year volatility. There are 12 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 | PSDSX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.61% | — | Mar 2019 | PSDSX vs NUSIX | |
| DFA One Year Fixed Income Portfolio | 0.63% | — | Jul 1983 | PSDSX vs DFIHX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | PSDSX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.66% | — | Sep 1987 | PSDSX vs PRTBX |
Lowest Drawdown Alternatives to PSDSX
PSDSX has a 1-year max drawdown of -0.80%. There are 61 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 | |
|---|---|---|---|---|---|
| Baird Ultra Short Bond Fund | -0.10% | — | Dec 2013 | PSDSX vs BUBSX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | PSDSX vs NUSIX | |
| PIMCO Short Asset Investment Fund | -0.10% | — | May 2012 | PSDSX vs PAIPX | |
| Tactical Multi-Purpose Fund | -0.10% | — | Mar 2017 | PSDSX vs TMPFX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | PSDSX vs FHQFX |
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 | 88 | 0.98% | — | Feb 2014 | PSDSX vs PSYPX |
Often Compared With PSDSX
Investors most often compare PSDSX with FTSM, MUIIX, BBBIX. These 13 comparison targets span 1 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