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 11 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 | PTSHX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | PTSHX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | PTSHX vs BUBSX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | PTSHX vs PAIPX | |
| Fidelity Series Treasury Bill Index Fund | 100 | — | Aug 2018 | PTSHX vs FHQFX |
Top Performing PTSHX Alternatives (YTD)
PTSHX is at 2.03% YTD. There is 1 mutual fund in the Ultrashort Bond category with a higher YTD return, going as high as 2.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Semper Short Duration Fund | 2.15% | — | Dec 2010 | PTSHX vs SEMRX | |
| PIMCO Short Asset Investment Fund | 1.80% | — | May 2012 | PTSHX vs PAIPX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 1.77% | — | Mar 2016 | PTSHX vs TSDUX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 1.74% | — | Jul 2018 | PTSHX vs CUTAX | |
| CrossingBridge Ultra-Short Duration Fund | 1.74% | — | Jun 2021 | PTSHX vs CBUDX |
Lowest Volatility Alternatives to PTSHX
PTSHX has 1.45% 1-year volatility. There are 45 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 | 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 | 0.67% | — | Sep 1987 | PTSHX vs PRTBX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.72% | — | Dec 2013 | PTSHX vs BUBIX |
Lowest Drawdown Alternatives to PTSHX
PTSHX has a 1-year max drawdown of -0.21%. There are 9 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 | PTSHX vs UGSDX | |
| Baird Ultra Short Bond Fund | -0.10% | — | Dec 2013 | PTSHX vs BUBSX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | PTSHX vs FHQFX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | -0.10% | — | Apr 2016 | PTSHX vs MUIIX | |
| 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 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Income Fund Institutional Class | Multisector Bonds | 46 | 1.00% | — | Mar 2007 | PTSHX vs PIMIX | |
| PIMCO Corporate & Income Opportunity Fund | Corporate Bonds | 1 | -4.03% | — | Dec 2002 | PTSHX vs PTY | |
| PIMCO Income Fund Class A | Multisector Bonds | 41 | 0.83% | — | Apr 2007 | PTSHX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Intermediate Core-Plus Bond | 29 | 0.64% | — | May 1987 | PTSHX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 6 | -3.03% | — | Dec 2001 | PTSHX vs PCN | |
| PIMCO Income Fund Class I-2 | Total Bond Market | 44 | 0.96% | — | — | PTSHX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 42 | 9.71% | — | Aug 2007 | PTSHX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 6 | -3.98% | — | Oct 2004 | PTSHX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 10 | 0.53% | — | Dec 1992 | PTSHX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 36 | 13.06% | — | Oct 2003 | PTSHX vs PISIX |
Often Compared With PTSHX
Investors most often compare PTSHX with SWBGX, FCNVX, TRBUX. 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