Payden Low Duration Fund (PYSBX) belongs to the Short-Term Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PYSBX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PYSBX
PYSBX charges 0.43% annually. There are 35 mutual funds in the Short-Term Bond category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Institutional Short-Term Bond Fund | 0.02% | — | Jun 2015 | PYSBX vs VISTX | |
| Vanguard Institutional Intermediate-Term Bond Fund | 0.02% | — | Jun 2015 | PYSBX vs VIITX | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | PYSBX vs FUMBX | |
| Schwab Short-Term Bond Index Fund | 0.06% | — | Feb 2017 | PYSBX vs SWSBX | |
| TIAA-CREF Short-Term Bond Index Fund | 0.09% | — | Aug 2015 | PYSBX vs TNSHX |
Best Risk-Adjusted Alternatives to PYSBX
PYSBX has a PortfoliosLab risk / return rank of 58. There are 93 mutual funds in the Short-Term Bond category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| GuidepathConservative Income Fund | 99 | — | Apr 2018 | PYSBX vs GPICX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 99 | — | Jul 2016 | PYSBX vs DHEIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 99 | — | Jul 2016 | PYSBX vs DHEAX | |
| DFA Short-Duration Real Return Portfolio | 98 | — | Nov 2013 | PYSBX vs DFAIX | |
| DoubleLine Low Duration Bond Fund | 97 | — | Sep 2011 | PYSBX vs DBLSX |
Top Performing PYSBX Alternatives (YTD)
PYSBX is at 0.32% YTD. There are 102 mutual funds in the Short-Term Bond category with higher YTD returns, going as high as 8.20%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Absolute Return Allocation Fund | 8.20% | — | Apr 2011 | PYSBX vs GPARX | |
| Leader Short Term High Yield Bond Fund | 3.89% | — | Jul 2005 | PYSBX vs LCCMX | |
| DFA Short-Duration Real Return Portfolio | 2.29% | — | Nov 2013 | PYSBX vs DFAIX | |
| Holbrook Income Fund | 1.91% | — | Jul 2016 | PYSBX vs HOBEX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 1.88% | — | Jul 2016 | PYSBX vs DHEIX |
Lowest Volatility Alternatives to PYSBX
PYSBX has 2.00% 1-year volatility. There are 62 mutual funds in the Short-Term Bond category with lower 1-year volatility, going as low as 0.79%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidepathConservative Income Fund | 0.79% | — | Apr 2018 | PYSBX vs GPICX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 1.07% | — | Jul 2016 | PYSBX vs DHEIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 1.12% | — | Jul 2016 | PYSBX vs DHEAX | |
| DFA Short-Term Extended Quality Portfolio | 1.12% | — | Mar 2009 | PYSBX vs DFEQX | |
| DFA Short-Duration Real Return Portfolio | 1.17% | — | Nov 2013 | PYSBX vs DFAIX |
Lowest Drawdown Alternatives to PYSBX
PYSBX has a 1-year max drawdown of -1.41%. There are 77 mutual funds in the Short-Term Bond category with shallower 1-year drawdowns, going as shallow as -0.25%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidepathConservative Income Fund | -0.25% | — | Apr 2018 | PYSBX vs GPICX | |
| DFA Short-Duration Real Return Portfolio | -0.47% | — | Nov 2013 | PYSBX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | -0.50% | — | Jul 2016 | PYSBX vs DHEAX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | -0.50% | — | Jul 2016 | PYSBX vs DHEIX | |
| Holbrook Income Fund | -0.61% | — | Jul 2016 | PYSBX vs HOBEX |
Other Mutual Funds from Paydenfunds
The 10 most viewed Paydenfunds mutual funds shown here include PYHRX, PYFRX, PYELX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Payden High Income Fund | High Yield Bonds | 95 | 2.44% | — | Dec 1997 | PYSBX vs PYHRX | |
| Payden Floating Rate Fund | Bank Loan | 98 | 1.62% | — | Nov 2013 | PYSBX vs PYFRX | |
| Payden Emerging Markets Local Bond Fund | Emerging Markets Bonds | 29 | 1.30% | — | Nov 2011 | PYSBX vs PYELX | |
| Payden Global Low Duration Fund | Global Bonds | 77 | 0.64% | — | Sep 1996 | PYSBX vs PYGSX | |
| Payden Emerging Markets Corporate Bond Fund | Emerging Markets Bonds | 89 | 2.22% | — | Nov 2013 | PYSBX vs PYCEX | |
| Payden Absolute Return Bond Fund | Nontraditional Bonds | 70 | 0.93% | — | Nov 2014 | PYSBX vs PYARX | |
| Payden Limited Maturity Fund | Ultrashort Bond | 97 | 1.29% | — | Apr 1994 | PYSBX vs PYLMX | |
| Payden/Kravitz Cash Balance Plan Fund | Multisector Bonds | 82 | 1.51% | — | Sep 2008 | PYSBX vs PKBIX | |
| Payden Core Bond Fund | Intermediate Core-Plus Bond | 27 | 0.50% | — | Dec 1993 | PYSBX vs PYCBX | |
| Payden Corporate Bond Fund | Corporate Bonds | 22 | 0.68% | — | Mar 2009 | PYSBX vs PYACX |
Often Compared With PYSBX
Investors most often compare PYSBX with PYVLX, SNSAX, VBISX. These 5 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Payden Equity Income Fund | Large Cap Value Equities | 65 | 8.69% | — | Nov 1996 | PYSBX vs PYVLX | |
| SEI Asset Allocation Trust Defensive Strategy Fund | Short-Term Bond | 87 | 1.66% | — | Nov 2003 | PYSBX vs SNSAX | |
| Vanguard Short-Term Bond Index Fund | Short-Term Bond | 35 | 0.07% | — | Mar 1994 | PYSBX vs VBISX | |
| Destinations Low Duration Fixed Income Fund | Short-Term Bond | 95 | 1.72% | — | Mar 2017 | PYSBX vs DLDFX | |
| BlackRock Allocation Target Shares Series A Portfo... | Short-Term Bond | 97 | 1.87% | — | Sep 2015 | PYSBX vs BATAX |
Compare PYSBX with Any Fund or Stock
Compare PYSBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PYSBX with funds that move differently
Payden Low Duration Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PYSBX.
Explore PYSBX Diversifiers