RBC Ultra-Short Fixed Income Fund (RUSIX) 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 RUSIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RUSIX
RUSIX charges 0.48% annually. There are 44 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 | RUSIX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | RUSIX vs DFIHX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | RUSIX vs CUTAX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | RUSIX vs BUBIX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | RUSIX vs DFYGX |
Best Risk-Adjusted Alternatives to RUSIX
RUSIX has a PortfoliosLab risk / return rank of 97. There are 52 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 | RUSIX vs NUSIX | |
| Tactical Multi-Purpose Fund | 100 | — | Mar 2017 | RUSIX vs TMPFX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | RUSIX vs BUBSX | |
| DFA One Year Fixed Income Portfolio | 100 | — | Jul 1983 | RUSIX vs DFIHX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | RUSIX vs PAIPX |
Top Performing RUSIX Alternatives (YTD)
RUSIX is at 1.58% YTD. There are 40 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 | RUSIX vs SEMRX | |
| PIMCO Short Term Fund | 2.39% | — | Oct 1987 | RUSIX vs PTSHX | |
| SEI Institutional Investments Trust Opportunistic ... | 2.27% | — | Dec 2006 | RUSIX vs ENIAX | |
| Tactical Multi-Purpose Fund | 2.23% | — | Mar 2017 | RUSIX vs TMPFX | |
| PIMCO Short Asset Investment Fund | 2.23% | — | May 2012 | RUSIX vs PAIPX |
Lowest Volatility Alternatives to RUSIX
RUSIX has 1.46% 1-year volatility. There are 49 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 | RUSIX vs NUSIX | |
| Tactical Multi-Purpose Fund | 0.61% | — | Mar 2017 | RUSIX vs TMPFX | |
| DFA One Year Fixed Income Portfolio | 0.65% | — | Jul 1983 | RUSIX vs DFIHX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.65% | — | Sep 1987 | RUSIX vs PRTBX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | RUSIX vs BUBSX |
Lowest Drawdown Alternatives to RUSIX
RUSIX has a 1-year max drawdown of -0.40%. There are 33 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 Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | RUSIX vs FHQFX | |
| DFA One Year Fixed Income Portfolio | -0.10% | — | Jul 1983 | RUSIX vs DFIHX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | RUSIX vs NUSIX | |
| Baird Ultra Short Bond Fund | -0.10% | — | Dec 2013 | RUSIX vs BUBSX | |
| Tactical Multi-Purpose Fund | -0.10% | — | Mar 2017 | RUSIX vs TMPFX |
Other Mutual Funds from RBC
The 9 most viewed RBC mutual funds shown here include RGHYX, REEIX, RBESX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| RBC BlueBay High Yield Bond Fund | High Yield Bonds | 67 | 1.35% | — | Nov 2011 | RUSIX vs RGHYX | |
| RBC Emerging Markets Equity Fund | Emerging Markets Equities | 64 | 18.93% | — | Dec 2013 | RUSIX vs REEIX | |
| RBC BlueBay Emerging Market Debt Fund | Emerging Markets Bonds | 86 | 2.84% | — | Nov 2011 | RUSIX vs RBESX | |
| RBC SMID Cap Growth Fund | Mid Cap Growth Equities | 18 | 8.16% | — | Jun 1994 | RUSIX vs TMCIX | |
| RBC Impact Bond Fund | Intermediate Core Bond | 2 | -3.44% | — | Dec 2017 | RUSIX vs RIBIX | |
| Access Capital Community Investment Fund | Government Bonds | 18 | -1.38% | — | Jun 1998 | RUSIX vs ACCSX | |
| RBC Short Duration Fixed Income Fund | Short-Term Bond | — | — | — | Dec 2013 | RUSIX vs RSDIX | |
| RBC Global Opportunities Fund | Global Equities | 14 | 1.37% | — | Dec 2014 | RUSIX vs RGOIX | |
| RBC Emerging Markets Value Equity Fund | Emerging Markets Equities | 78 | 20.34% | — | Feb 2018 | RUSIX vs REMVX |
Often Compared With RUSIX
Investors most often compare RUSIX with RBSIX, RBCIX, TRSTX. These 13 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare RUSIX with Any Fund or Stock
Compare RUSIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RUSIX with funds that move differently
RBC Ultra-Short Fixed Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RUSIX.
Explore RUSIX Diversifiers