PIMCO Short Term Fund (PTSHX) 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 PTSHX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PTSHX
PTSHX charges 0.45% annually. There are 41 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 | PTSHX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | PTSHX vs DFIHX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | PTSHX vs BUBIX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | PTSHX vs CUTAX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | PTSHX vs DFYGX |
Best Risk-Adjusted Alternatives to PTSHX
PTSHX has a PortfoliosLab risk / return rank of 99. There are 12 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 | PTSHX vs NUSIX | |
| Tactical Multi-Purpose Fund | 100 | — | Mar 2017 | PTSHX vs TMPFX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | PTSHX vs BUBSX | |
| DFA One Year Fixed Income Portfolio | 100 | — | Jul 1983 | PTSHX vs DFIHX | |
| Fidelity Series Treasury Bill Index Fund | 100 | — | Aug 2018 | PTSHX vs FHQFX |
Top Performing PTSHX Alternatives (YTD)
PTSHX is at 2.39% YTD. There is 1 mutual fund in the Ultrashort Bond category with a higher YTD return, going as high as 2.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Medalist Partners Short Duration Fund | 2.62% | — | Dec 2010 | PTSHX vs SEMRX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 2.33% | — | Mar 2016 | PTSHX vs TSDUX | |
| SEI Institutional Investments Trust Opportunistic ... | 2.27% | — | Dec 2006 | PTSHX vs ENIAX | |
| PIMCO Short Asset Investment Fund | 2.23% | — | May 2012 | PTSHX vs PAIPX | |
| Tactical Multi-Purpose Fund | 2.13% | — | Mar 2017 | PTSHX vs TMPFX |
Lowest Volatility Alternatives to PTSHX
PTSHX has 1.43% 1-year volatility. There are 41 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.61%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.61% | — | Mar 2017 | PTSHX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.61% | — | Mar 2019 | PTSHX vs NUSIX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | PTSHX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.65% | — | Sep 1987 | PTSHX vs PRTBX | |
| DFA One Year Fixed Income Portfolio | 0.65% | — | Jul 1983 | PTSHX vs DFIHX |
Lowest Drawdown Alternatives to PTSHX
PTSHX 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 | |
|---|---|---|---|---|---|
| Baird Ultra Short Bond Fund | -0.10% | — | Dec 2013 | PTSHX vs BUBSX | |
| Fidelity Conservative Income Bond Institutional Cl... | -0.10% | — | Mar 2011 | PTSHX vs FCNVX | |
| DFA One Year Fixed Income Portfolio | -0.10% | — | Jul 1983 | PTSHX vs DFIHX | |
| PIMCO Short Asset Investment Fund | -0.10% | — | May 2012 | PTSHX vs PAIPX | |
| Tactical Multi-Purpose Fund | -0.10% | — | Mar 2017 | PTSHX vs TMPFX |
Other Mutual Funds from PIMCO
The 10 most viewed PIMCO mutual funds shown here include PIMIX, PTY, PONAX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Income Fund Institutional Class | Multisector Bonds | 52 | 0.23% | — | Mar 2007 | PTSHX vs PIMIX | |
| PIMCO Corporate & Income Opportunity Fund | Corporate Bonds | 1 | -2.91% | — | Dec 2002 | PTSHX vs PTY | |
| PIMCO Income Fund Class A | Multisector Bonds | 45 | 0.03% | — | Apr 2007 | PTSHX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Intermediate Core-Plus Bond | 30 | -0.45% | — | May 1987 | PTSHX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 9 | -2.68% | — | Dec 2001 | PTSHX vs PCN | |
| PIMCO Income Fund Class I-2 | Multisector Bonds | 50 | 0.18% | — | Apr 2008 | PTSHX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 28 | 4.37% | — | Aug 2007 | PTSHX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 15 | 1.29% | — | Oct 2004 | PTSHX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 12 | -0.58% | — | Dec 1992 | PTSHX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 49 | 12.84% | — | Oct 2003 | PTSHX vs PISIX |
Often Compared With PTSHX
Investors most often compare PTSHX with SWBGX, TRBUX, VUBFX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare PTSHX with Any Fund or Stock
Compare PTSHX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PTSHX with funds that move differently
PIMCO Short Term Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PTSHX.
Explore PTSHX Diversifiers